Global aircraft carrier ship market is expected to show a modest growth rate during the forecast period. An aircraft carrier ship is defined as a warship with a flight deck on which aircraft and helicopters can be launched and landed as per requirements. The driver to the aircraft carrier ship market includes the strategic advantage to a nation as it offers a mobile base to deploy its military equipment. Moreover, the countries showcase their dominance over sea area by deploying aircraft carrier ship. Rising concentration on maritime security and high usage of nuclear energy are also augmenting the market. One of the major restraints associated with the aircraft carrier ship market is the cost and maintenance associated with it. The cost of an aircraft carrier ship is in billions and the countries has to spend million to meet the daily expenses of an aircraft carrier, due to which some countries restrain themselves to buy an aircraft carrier ship. For instance, countries such as Germany, Canada have no commissioned or under construction aircraft carrier ship as of May 2020.
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The global aircraft carrier ship market is segmented based on type and propulsion technology. By type of takeoff and landing method, the market is further segmented into Catapult-Assisted Take-off Barrier arrested-recovery (CATOBAR), Short Take-off but Arrested Recovery (STOBAR), Short Take-off but Vertical Recovery (STOVL). CATOBAR technology is used by earlier French and US aircraft carrier ships. STOBAR technology is mainly used by Russian and Asian aircraft carrier ships which include China, and India. Most of the latest aircraft carrier ship carrier uses STOVL technology, which is used by Australia, Italy, UK, and the US. A quite similar technology that is VTOL is used by the helicopter carriers of Egypt, France, Japan, Brazil, and Russia.
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By propulsion technology, the market is segmented into conventional powered and nuclear-powered aircraft carrier ship. As of now, only the US and France have the capability to run their aircraft carrier on nuclear fuel and China is constructing an aircraft carrier on nuclear propulsion. Other than this, all the countries are still depending on the conventional fuel for their operations
Market Segmentation
Global Aircraft Carrier Ship Market by Type
- Catapult-Assisted Take-off Barrier arrested-recovery (CATOBAR)
- Short Take-off but Arrested Recovery (STOBAR)
- Short Take-off but Vertical Recovery (STOVL)
Global Aircraft Carrier Ship Market by Propulsion Technology
- Conventional Powered
- Nuclear Powered
Regional Analysis
North America
- United States
- Rest of North America
Europe
- UK
- Italy
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Babcock International Group PLC
- BAE Systems plc
- Cochin Shipyard Ltd.
- Dalian Shipbuilding Industry Co.(DSIC)
- Fincantieri S.p.A.
- General Atomics
- Hanjin Heavy Industry Co. Ltd.
- Huntington Ingalls Industries Ltd.
- Leonardo S.p.A.
- Navantia, S.A., S.M.E
- Northrop Grumman Corp.
- Sedef Shipbuilding, Inc.
- Thales Group
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