Market Size of Aircraft Carrier Ship Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.23 Billion |
| Market Size (2029) | USD 2.25 Billion |
| CAGR (2024 - 2029) | 12.75 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Aircraft Carrier Ship Market Analysis
The Aircraft Carrier Ship Market size is estimated at USD 1.23 billion in 2024, and is expected to reach USD 2.25 billion by 2029, growing at a CAGR of 12.75% during the forecast period (2024-2029).
The increasing geopolitical issues and territorial disputes between various nations led to the procurement of aircraft carrier ships, which can be attributed to the growth of the market. Also, the increasing investments in replacing the existing fleet with newer generation carrier ships will accelerate market growth. Aircraft carrier ships may continue operations for several years by providing strength to the naval forces. However, the high maintenance costs associated with such ships shall prove to be a restraint for various regions. Asia-Pacific is one of the global hotspots for military conflicts. The increasing number of territorial issues in the region propelled the countries to procure advanced aircraft carrier ships.
