South America Naval Vessels MRO market By MRO Service

Rest of south america accounted for the larger market share in 2019 in the south america naval vessels mro market, and is expected to reach usd 689.20 million in 2025 from usd 587.40 million in 2019. however, brazil is the fastest growing market, which is expected to grow at a cagr of 3.76% during the forecast period 2020 - 2025. dry dock mro segment accounted for the largest market share in 2019, this market is expected to reach usd 413.40 million in 2025 from usd 339.60 million in 2019. this market is projected to grow at a cagr of 3.35% during the forecast period from 2020 - 2025. however, dry dock mro segment is the fastest growing market, which is expected to grow at a cagr of 3.35% during the forecast period 2020 - 2025. destroyers segment accounted for the largest market share in 2019, this market is expected to reach usd 406.20 million in 2025 from usd 353.60 million in 2019. this market is projected to grow at a cagr of 2.36% during the forecast period from 2020 - 2025. however, corvettes segment is the fastest growing market, which is expected to grow at a cagr of 4.45% during the forecast period 2020 - 2025. maintenance and repair mr segment accounted for the larger market share in 2019, this market is expected to reach usd 644.60 million in 2025 from usd 553.00 million in 2019. this market is projected to grow at a cagr of 2.61% during the forecast period from 2020 - 2025. however, overhaul segment is the fastest growing market, which is expected to grow at a cagr of 3.88% during the forecast period 2020 - 2025.