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Destroyers Market - Forecast(2021 - 2026)

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 There are various classes of ships available with navy such as destroyers, aircraft carriers, littoral warships, amphibious warships, support craft and submarines. A destroyer is known for its maneuverable long-endurance and fast responsive capabilities in a subsurface, surface and air battles. Destroyer is a floating military base comprising fleet of helicopters and missile launching systems, radar absorbent material, and anti-submarine warfare capabilities.


Globally, the destroyers market has been witnessing a relatively steady growth, which has been primarily attributed to force projection over the sea. Many countries are planning to develop the destroyers to project their force to the world. US is the leading player in destroyers market with 63 warships. Whereas China is the emerging player is soon expected to pick up the growth with 35 warships.


Market Dynamics:
The global navy ship building and defense capabilities are driven by the factors such as national security, territorial integrity and sovereign state. National security is a concept that a government, along with its parliament(s), should protect the state and its citizens against all kind of "national" crises through a variety of power projections, such as political power, diplomacy, economic power, military might, and so on. Whereas Territorial integrity is the principle under international law that nation-states should not attempt to promote secessionist movements or to promote border changes in other nation-states. Conversely it states that imposition by force of a border change is an act of aggression.

The long endurance and fast response in all the battles is one of the major drivers in acquiring destroyers. Countries are increasing the procurement of destroyers over time.

Steam turbines is one of the major challenges in destroyers because of its high power to weight ratio, the ships suffers with its acceleration and maneuverability. But going forward with advancement in gas turbines, the industry is expected to increase its acceleration.

Competitive Landscape:
The report comprises of companies operating in the global destroyers market such as Thales, Fincantieri, BAE System, DCNS, Huntington Ingalls Industries, Navantia, Wincaton, Finmeccanica, Northrop Grumman Corporation, General Atomics, Babcock, United Shipbuilding, Cochin Shipyard and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

Scope of the Report:
The destroyer market is mainly divided as per the technology capabilities and has been segmented as follows:

Based on Technology Type:
  • Propulsion System
  • Catapult System
  • Fixed Wing Aircraft
  • Command and Control System
  • Missile Launching System
  • Radar System
  • Radar Absorbent Material
  • Others 

Based on Region:
  • America
  • Europe
  • Asia-Pacific
  • Rest of the World

Recent Industry Trends:
The current industry trend is to develop the destroyers with larger capacity than the previous one. Countries has shifted from building destroyers and frigates one or two at a time to a more serial production process, which is boosting their numbers more quickly. 

  • Insight 1: China appears to be developing a new cruiser, potentially called the Type 055, which reportedly would displace approximately 10,000 tons and carry large numbers of antiship cruise missiles, surface-to-air missiles, and land-attack cruise missiles as well as potentially laser and rail-gun weapons.
  • Insight 2: The Type 052D has reportedly ditched the old Ukraine-made DA80 gas turbines used in the first two of the Type 052C vessels and has domestically upgraded the QC-280 gas turbine engines used in latter four Type 052C vessels to reduce weight and increase power.
  • Insight 3: The Type 052D also features the PLA Navy's first ever vertical launching system for anti-ship missiles, which can travel at both subsonic and supersonic speeds and with a range of about 220 kilometers.
  • Insight 4: China likely will develop the ability to mass produce marine gas turbines for larger combatant ships in the next decade. Gas turbines will give PLA Navy ships better acceleration and combat maneuverability than steam turbines that power them today due to their high power-to-weight ratio, speed, fuel efficiency, and compact size. Gas turbines also will allow the PLA Navy to achieve higher readiness rates, because they do not require the start-up time of steam turbines

Research Methodology:
The quantitative and qualitative data collected for the destroyer report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or mangers in the destroyer Industry. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by product types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights.

To understand the trend in research and development of navy ship segments, and their priorities, IndustryARC undertook exploratory patent analysis to lay an initial foundation for future research on development and use of destroyers. The exploratory analysis focused on identifying development related to technology of ships based systems, with an emphasis on certain technology parameters which intended to understand the roles that various countries sees for naval systems. In addition analyzing trends in development of ships system and exploring how countries could deploy these systems; and identifying areas for further research and potential future developments. IndustryARC has analyzed patents in several different parameters in navy ships segment technologies. The patent analysis has also helped us to deduce and map the futuristic technologies in most efficient way. The technology roadmap is developed using bottom-up approach. The technology roadmap is categorized in three parts i.e. short term (less than 10 years), medium term (from 10 to 20 years) and long term from (more than 20 years). 


Key Secondary resources include Department of Defense websites from various countries and private companies’ website covered in this report.

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