Global Military Frigates Market - Segmented by Geography - Growth, Trends and Forecast (2018 - 202)

Frigates are a type of warship built for speed and maneuverability. Currently, frigates are used for protecting other warships and merchant-marine ships, primarily as anti-submarine warfare combatants for amphibious expeditionary forces. Frigates resemble corvettes, cruisers, destroyers and even battleships. Nearly all modern frigates are equipped with offensive or defensive missiles, and are rated as guided-missile frigates. Advancements in surface-to-air missiles allow newer generation guided-missile frigates to form a vital part of modern navies and can be used as a fleet defense platform.

Some of the frigates are specialized for anti-submarine warfare. Advancements in submarine have resulted in submarines moving at higher speeds which greatly reduced the margin of speed superiority of frigate over submarine. The Royal Navy's original Type 22 frigate is an example of a specialized anti-submarine warfare frigate. For anti-submarine warfare, most of the current operational frigates have a landing deck and hangar aft to operate helicopters. Helicopters can be used to attack nuclear submarines which may be faster than surface warships. Such helicopters are usually equipped with sonobuoys, magnetic anomaly detectors, wire-mounted dipping sonar and torpedoes.

Development of stealth technology has also resulted in its application in frigates. It was introduced in modern frigate design by the French La Fayette class. New frigate ships are designed to offer a minimal radar cross section, which also lends them good air penetration. In the German Navy, frigates replaced some of the ageing destroyers. In terms of size and role, the current German frigates exceed the former class of destroyers. The German F125-class frigate is one of the largest class of frigates globally with a displacement of about 7,200 tons.

Military Frigates Market Major Players:

NAVAL GROUP, Damen Schelde Naval Shipbuilding (DSNS), Austal, General Dynamics Bath Iron Works, and Huntington Ingalls Industries, Inc. among others.

Military Frigates Market Recent Developments:

Feb 2018: The US Navy selected five shipbuilders for conceptual design of the frigates and will compete in the Navy’s bid for 20 next-generation guided-missile frigates (FFG(X)). General Dynamics Bath Iron Works, Austal USA, Lockheed Martin, Fincantieri Marine and Huntington Ingalls Industries were each awarded USD 15 million contracts for the work. The final contract is expected to be awarded after evaluation by 2020.

Reasons to Purchase Military Frigates Market Report:

1. To study current and future market outlook in the developed and emerging markets
2. Analyzing various perspectives of the market with the help of Porter’s five forces analysis
3. Detailed analysis of the segment that is expected to dominate the market
4. Regions that are expected to witness fastest growth during the forecast period
5. Identifying the latest developments, market shares, and strategies employed by the major market players
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