Global Naval Vessel MRO Market Growth (Status and Outlook) 2025-2031

The global Naval Vessel MRO market size is predicted to grow from US$ 12840 million in 2025 to US$ 18330 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage resilient and armed. Naval vessels MRO is crucial for sustaining and extending the life of a vessel. It comprises maintenance, overhauls, routine checks, inspections, repairs, and modifications carried out on a vessel and their components. MRO services assure the safety and airworthiness of naval vessels.

The global leading players in this market are BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. The top 5 players occupied about half of the market.

LPI (LP Information)' newest research report, the “Naval Vessel MRO Industry Forecast” looks at past sales and reviews total world Naval Vessel MRO sales in 2024, providing a comprehensive analysis by region and market sector of projected Naval Vessel MRO sales for 2025 through 2031. With Naval Vessel MRO sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Naval Vessel MRO industry.

This Insight Report provides a comprehensive analysis of the global Naval Vessel MRO landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Naval Vessel MRO portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Naval Vessel MRO market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Naval Vessel MRO and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Naval Vessel MRO.

This report presents a comprehensive overview, market shares, and growth opportunities of Naval Vessel MRO market by product type, application, key players and key regions and countries.

Segmentation by Type:
Engine MRO
Dry Dock MRO
Regular Maintenance MRO
Component MRO

Segmentation by Application:
Surface Warship
Submarines
Support Vessels

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BAE Systems
General Dynamics
Huntington Ingalls Industries
Northrop Grumman
Lockheed Martin
Raytheon
URS Corporation
Saab
Elbit Systems

Please note: The report will take approximately 2 business days to prepare and deliver.