Positions and prospects of Russian shipbuilding in the world market of naval equipment

Abstract

Research background: The products of the arms and military equipment market create the material basis for the country’s military security. The most important segment of this market is the market of naval equipment. The acquired competencies have naturally led Russia to the role of the most important exporter in this market. The authors have repeatedly addressed the topic of Russian shipbuilding and the role of Russia in the world market of naval equipment and military ships. Purpose of the article: The main goal of the research is to analyze the current state of the market of naval equipment, the positions of its main participants and, especially, Russia. To determine the future prospects of Russia’s presence in this market, it was necessary to identify the main problems of Russian shipbuilding and consider the impact of external factors on the state of the industry. Methods: Generalizations of the research are based on processing and systematization of data obtained from available information sources. Analyzing the statistics, the authors were able to deduce the trends of the current moment and determine the prospects. Findings & Value added: The analysis of key market indicators, as well as the problems of Russian shipbuilding, allowed the authors to build possible scenarios for its future development, from optimistic under favorable external factors to pessimistic, in which the loss of not only military security, but also the position of the largest exporter in the world market of naval equipment and military ships is inevitable.

Competition in the global arms trade markets and its consequences

“…They have long formed multi-sectoral military-industrial complexes (MIC), spend huge sums on military spending, have long and successfully produced the entire range of military equipment, a significant part of which is supplied to the world market. Their positions on the world market, the share of the total volume of arms sales, the circle of buyers of their products is sufficient stable (Dengov et al, 2021;Gregova et al, 2021). Weapons are long-term and expensive products.…”

“…Largest partners and export volumes of weapons and military equipment from France and Germany for 2000-2020 (million dollars)From the data in the table7, one can see a large specialization of France in the sale of aircraft, while Germany sells more naval equipment and ships. At the same time, the total range of types of weapons for both countries are almost complete.…”