Global Naval Vessel Maintenance, Repair, and Overhaul Market (2022 to 2031) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)--The "Naval Vessel Maintenance, Repair, and Overhaul (MRO) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2031)" report has been added to ResearchAndMarkets.com's offering.The naval vessel maintenance, repair, and overhaul (MRO) market was valued at about USD 54.04 billion in 2021, and it is projected to register a CAGR of about 2% during the forecast period (2022 - 2031).Companies MentionedGeneral Dynamics CorporationHuntington Ingalls Industries Inc.Lockheed Martin CorporationNAVANTIA SA SMEThyssenKrupp AGBAE Systems PLCNaval GroupRolls-Royce Holdings PLCRhoads Industries, Inc.Abu Dhabi Ship Building CompanyLarsen & Toubro LimitedDamen Shipyards GroupFINCANTIERI SpAKey Market TrendsThe Destroyers Accounted for a Major Share by Revenue in 2021Destroyers are fast, maneuverable, long-endurance warships that escort support and larger vessels in a fleet and defend them against the attacks of smaller powerful short-range surface combatants. The
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