Naval Combat Weapons Market Share

Market Share of Naval Combat Weapons Industry

The military communication market is moderately consolidated. Some of the most prominent naval combat weapons market players are Terma, Leonardo S.p.A, Thales Group, L3 Harris Corporation, and General Dynamics Corporation. Various companies are now focused on improving their naval combat weapons product portfolio and manufacturing weapons with advanced technologies that will enable the naval forces of various countries to gain a competitive edge. New technologies such as detecting and isolating enemy submarines or ships by sound and then eliminating them is a new concept that is being worked upon and developed by various companies worldwide. Moreover, integrating artificial intelligence in naval combat weapons to be used for providing countermeasure options is also gaining popularity worldwide.

Naval Combat Weapons Market Leaders

1. Terma

2. Leonardo

3. Thales SA

4. L3 Harris Corporation

5. General Dynamics

*Disclaimer: Major Players sorted in no particular order