Naval Gun System Market by Technology (Automated Systems, Manual Systems), Caliber (30mm to 100mm, More than 100mm, up to 30mm), Barrel Type, Application - Global Forecast 2024-2030

Naval Gun System Market by Technology (Automated Systems, Manual Systems), Caliber (30mm to 100mm, More than 100mm, up to 30mm), Barrel Type, Application - Global Forecast 2024-2030


The Naval Gun System Market size was estimated at USD 7.89 billion in 2023 and expected to reach USD 8.31 billion in 2024, at a CAGR 5.62% to reach USD 11.57 billion by 2030.

A naval gun system is a sophisticated and integral component of warship armament, designed for various offensive and defensive operations against surface, air, and land targets. These include the main gun, advanced fire control systems for targeting and firing accuracy, specialized ammunition, and the necessary support infrastructure for operation and maintenance. Naval gun systems are engineered to deliver precise, high-velocity projectiles over long distances, providing crucial firepower for naval operations. The increasing need for maritime security and defense against evolving threats such as piracy, terrorism, and hostile naval forces has heightened the demand for advanced naval systems. The rising strategic importance of maintaining naval superiority in geopolitically sensitive regions such as the South China Sea, the Persian Gulf, and the Arctic underscores the need for powerful and reliable naval gun systems to deter potential adversaries and project power. The high cost of development and maintenance and the integration challenges with existing naval platforms hampers the market growth. Growing investments in modernizing naval fleets and the development of advanced ammunition types, such as guided and hypersonic projectiles, that enhance the capabilities of naval gun systems are expected to create opportunities for market growth.

Regional Insights

In the Americas, the market for naval gun systems is continuously growing with the rising upgradation of fleets with state-of-the-art naval gun systems to counter evolving threats and maintain maritime dominance. Advanced systems such as the Mk 45 naval gun and the development of railgun technology exemplify this trend in the Americas. Additionally, other countries in the region, such as Canada and Brazil, are investing in modernizing their naval capabilities, creating a platform for market growth. The demand for advanced naval gun systems in the Americas is bolstered by ongoing efforts to secure key maritime trade routes and counter piracy and narcotics trafficking. In the Asia-Pacific (APAC) region, the naval gun systems market is experiencing rapid growth, driven by escalating geopolitical tensions, especially in the South China Sea and the East China Sea. China and India are at the forefront, significantly expanding and modernizing their naval fleets. China’s advancements in naval gun technology, including the development of its electromagnetic railgun, highlight its ambition to enhance its maritime strike capabilities. India is also upgrading its naval arsenal with new gun systems to bolster its defense against regional threats. Additionally, countries such as Japan, South Korea, and Australia are investing in advanced naval gun systems as part of broader naval modernization programs, emphasizing the need for enhanced maritime security and deterrence. The market for naval gun systems is varied in the Europe, Middle East, and Africa (EMEA) region, reflecting diverse strategic priorities and economic capabilities. Countries in Europe focus on maintaining their naval power by integrating cutting-edge naval gun systems. In the Middle East, the Gulf states, particularly Saudi Arabia and the UAE, are investing heavily in modernizing their naval fleets to protect their maritime interests and counter regional threats. In Africa, the market for naval gun systems is emerging, with nations including South Africa, prioritizing upgrading their naval assets to address coastal security and safeguard maritime trade routes.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Naval Gun System Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing need for maritime security and defense with evolving threats
Growing government investments in modernizing naval fleets

Market Restraints

High cost of development of naval gun systems

Market Opportunities

Growing technological advancements in naval gun systems
Rising development of advanced ammunition types

Market Challenges

Integration and deployment issues with naval gun systems

Market Segmentation Analysis

Technology: Growing usage of automated naval gun systems to reduce manual intervention
Application: High potential of naval gun systems across coast guard vessels for for law enforcement and maritime security

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Naval Gun System Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Naval Gun System Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

US Navy to Install First High-Powered Microwave Defense System on Ship, Enhancing Protection Against Drones and Missile

The US Navy plans to install a prototype high-powered microwave (HPM) counter-air defense system, known as METEOR, on one of its vessels by 2026. This initiative, detailed in the Navy's Fiscal Year 2025 budget documents, marks the Navy's first use of HPM technology to target drones and anti-ship missiles. Meanwhile, the US Army and the US Air Force are also developing their own HPM and directed energy projects, such as lasers.

Indian Ministry of Defence Secures INR 2956.89 Crore Deal with BHEL for Advanced Naval Gun Systems to Enhance Point Defense

The Indian Ministry of Defence entered into an agreement with Bharat Heavy Electricals Limited (BHEL) to purchase 16 Upgraded Super Rapid Gun Mounts (SRGM) for the Indian Navy for INR 2956.89 crore. These medium-caliber anti-missile and anti-aircraft systems, to be manufactured at BHEL's Haridwar Plant, are designed for high accuracy and a sustained rate of fire, enhancing the Indian Navy's point defense capabilities.

U.S. Navy Awards Northrop Grumman Contract for Advanced 57mm Guided Ammunition to Enhance Mk110 Naval Gun's Defense Capabilities

The U.S. Navy has granted Northrop Grumman Corporation a development contract for its innovative 57mm guided high explosive ammunition intended for the Mk110 Naval Gun Mount. This advanced munition can continuously maneuver in-flight toward its target and is designed to defend against fast-moving surface threats, drones, and swarming attacks. It features an onboard seeker to track moving targets and a fuze capable of selecting between proximity or point-detonation modes for optimal engagement and defeat of threats. Northrop Grumman will test and qualify these munitions to ensure their effectiveness.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Naval Gun System Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Naval Gun System Market, highlighting leading vendors and their innovative profiles. These include Advanced Weapons and Equipment India Limited, BAE Systems PLC, Bharat Heavy Electricals Limited, Elbit Systems Ltd., Fincantieri S.p.A., General Dynamics Corporation, Huntington Ingalls Industries, Inc., Kongsberg Gruppen ASA, L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, MAKİNE ve KİMYA ENDÜSTRİSİ A.Ş, Naval Group, Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Rheinmetall AG, RTX Corporation, Saab AB, Tata Advanced Systems Limited, and Thales Group.

Market Segmentation & Coverage

This research report categorizes the Naval Gun System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
Automated Systems
Manual Systems
Caliber
30mm to 100mm
More than 100mm
up to 30mm
Barrel Type
Double Barrel
Single Barrel
Application
Coast Guard Vessels
Navy Ships
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing need for maritime security and defense with evolving threats
5.1.1.2. Growing government investments in modernizing naval fleets
5.1.2. Restraints
5.1.2.1. High cost of development of naval gun systems
5.1.3. Opportunities
5.1.3.1. Growing technological advancements in naval gun systems
5.1.3.2. Rising development of advanced ammunition types
5.1.4. Challenges
5.1.4.1. Integration and deployment issues with naval gun systems
5.2. Market Segmentation Analysis
5.2.1. Technology: Growing usage of automated naval gun systems to reduce manual intervention
5.2.2. Application: High potential of naval gun systems across coast guard vessels for for law enforcement and maritime security
5.3. Market Disruption Analysis
5.4. Porter’s Five Forces Analysis
5.4.1. Threat of New Entrants
5.4.2. Threat of Substitutes
5.4.3. Bargaining Power of Customers
5.4.4. Bargaining Power of Suppliers
5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis
6. Naval Gun System Market, by Technology
6.1. Introduction
6.2. Automated Systems
6.3. Manual Systems
7. Naval Gun System Market, by Caliber
7.1. Introduction
7.2. 30mm to 100mm
7.3. More than 100mm
7.4. up to 30mm
8. Naval Gun System Market, by Barrel Type
8.1. Introduction
8.2. Double Barrel
8.3. Single Barrel
9. Naval Gun System Market, by Application
9.1. Introduction
9.2. Coast Guard Vessels
9.3. Navy Ships
10. Americas Naval Gun System Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Naval Gun System Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Naval Gun System Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.3.1. US Navy to Install First High-Powered Microwave Defense System on Ship, Enhancing Protection Against Drones and Missile
13.3.2. Indian Ministry of Defence Secures INR 2956.89 Crore Deal with BHEL for Advanced Naval Gun Systems to Enhance Point Defense
13.3.3. U.S. Navy Awards Northrop Grumman Contract for Advanced 57mm Guided Ammunition to Enhance Mk110 Naval Gun's Defense Capabilities
13.4. Strategy Analysis & Recommendation
14. Competitive Portfolio
14.1. Key Company Profiles
14.2. Key Product Portfolio

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