Submarine Market Research Report Information - Global Forecast to 2030

Submarine Market Research Report: Information by Type (Nuclear Powered Submarine, Diesel Electric Submarine and Ballistic Missile Submarine), Application (Surveillance, Combat, Marine Environmental Monitoring, Detection of Oil Resources, Scientific Research and others), Platform (Commercial and Military) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030

ID: MRFR/A&D/3152-CR | February 2021 | Region: Global | 140 Pages         

1 Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Submarine Market, By Type

1.1.2. Global Submarine Market, By Platform

1.1.3. Global Submarine Market, By Application

1.1.4. Global Submarine Market, By Region

2 Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3 Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

4 Market Insights

5 Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Market/Technological Trends

5.6. Patent Trends

5.7. Regulatory Landscape/Standards

6 Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat Of New Entrants

6.2.2. Bargaining Power Of Buyers

6.2.3. Threat Of Substitutes

6.2.4. Segment Rivalry

6.2.5. Bargaining Power Of Supplies

7 Global Submarine Market, By Type

7.1. Introduction

7.2. Ballistic Missile Submarine

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, By Region, 2020-2027

7.3. Diesel Electric Submarine

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, By Region, 2020-2027

7.4. Nuclear Powered Submarine

7.4.1. Market Estimates & Forecast, 2020-2027

7.4.2. Market Estimates & Forecast, By Region, 2020-2027

8 Global Submarine Market, By Platform

8.1. Introduction

8.2. Commercial

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, By Region, 2020-2027

8.3. Military

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, By Region, 2020-2027

9 Global Submarine Market, By Application

9.1. Introduction

9.2. Surveillance

9.2.1. Market Estimates & Forecast, 2020-2027

9.2.2. Market Estimates & Forecast, By Region, 2020-2027

9.3. Combat

9.3.1. Market Estimates & Forecast, 2020-2027

9.3.2. Market Estimates & Forecast, By Region, 2020-2027

9.4. Marine Environmental Monitoring

9.4.1. Market Estimates & Forecast, 2020-2027

9.4.2. Market Estimates & Forecast, By Region, 2020-2027

9.5. Detection Of Oil Resources

9.5.1. Market Estimates & Forecast, 2020-2027

9.5.2. Market Estimates & Forecast, By Region, 2020-2027

9.6. Scientific Research

9.6.1. Market Estimates & Forecast, 2020-2027

9.6.2. Market Estimates & Forecast, By Region, 2020-2027

9.7. Others

9.7.1. Market Estimates & Forecast, 2020-2027

9.7.2. Market Estimates & Forecast, By Region, 2020-2027

10 Global Submarine Market, By Region

10.1. Introduction

10.2. North America

10.2.1. Market Estimates & Forecast, By Country, 2020-2027

10.2.2. Market Estimates & Forecast, By Type, 2020-2027

10.2.3. Market Estimates & Forecast, By Platform, 2020-2027

10.2.4. Market Estimates & Forecast, By Application, 2020-2027

10.2.5. US

10.2.5.1. Market Estimates & Forecast, By Type, 2020-2027

10.2.5.2. Market Estimates & Forecast, By Platform, 2020-2027

10.2.5.3. Market Estimates & Forecast, By Application, 2020-2027

10.2.6. Canada

10.2.6.1. Market Estimates & Forecast, By Type, 2020-2027

10.2.6.2. Market Estimates & Forecast, By Platform, 2020-2027

10.2.6.3. Market Estimates & Forecast, By Application, 2020-2027

10.3. Europe

10.3.1. Market Estimates & Forecast, By Country, 2020-2027

10.3.2. Market Estimates & Forecast, By Type, 2020-2027

10.3.3. Market Estimates & Forecast, By Platform, 2020-2027

10.3.4. Market Estimates & Forecast, By Application, 2020-2027

10.3.5. UK

10.3.5.1. Market Estimates & Forecast, By Type, 2020-2027

10.3.5.2. Market Estimates & Forecast, By Platform, 2020-2027

10.3.5.3. Market Estimates & Forecast, By Application, 2020-2027

10.3.6. Germany

10.3.6.1. Market Estimates & Forecast, By Type, 2020-2027

10.3.6.2. Market Estimates & Forecast, By Platform, 2020-2027

10.3.6.3. Market Estimates & Forecast, By Application, 2020-2027

10.3.7. France

10.3.7.1. Market Estimates & Forecast, By Type, 2020-2027

10.3.7.2. Market Estimates & Forecast, By Platform, 2020-2027

10.3.7.3. Market Estimates & Forecast, By Application, 2020-2027

10.3.8. Italy

10.3.8.1. Market Estimates & Forecast, By Type, 2020-2027

10.3.8.2. Market Estimates & Forecast, By Platform, 2020-2027

10.3.8.3. Market Estimates & Forecast, By Application, 2020-2027

10.3.9. Rest Of Europe

10.3.9.1. Market Estimates & Forecast, By Type, 2020-2027

10.3.9.2. Market Estimates & Forecast, By Platform, 2020-2027

10.3.9.3. Market Estimates & Forecast, By Application, 2020-2027

10.4. Asia-Pacific

10.4.1. Market Estimates & Forecast, By Country, 2020-2027

10.4.2. Market Estimates & Forecast, By Type, 2020-2027

10.4.3. Market Estimates & Forecast, By Platform, 2020-2027

10.4.4. Market Estimates & Forecast, By Application, 2020-2027

10.4.5. China

10.4.5.1. Market Estimates & Forecast, By Type, 2020-2027

10.4.5.2. Market Estimates & Forecast, By Platform, 2020-2027

10.4.5.3. Market Estimates & Forecast, By Application, 2020-2027

10.4.6. Japan

10.4.6.1. Market Estimates & Forecast, By Type, 2020-2027

10.4.6.2. Market Estimates & Forecast, By Platform, 2020-2027

10.4.6.3. Market Estimates & Forecast, By Application, 2020-2027

10.4.7. India

10.4.7.1. Market Estimates & Forecast, By Type, 2020-2027

10.4.7.2. Market Estimates & Forecast, By Platform, 2020-2027

10.4.7.3. Market Estimates & Forecast, By Application, 2020-2027

10.4.8. Australia

10.4.8.1. Market Estimates & Forecast, By Type, 2020-2027

10.4.8.2. Market Estimates & Forecast, By Platform, 2020-2027

10.4.8.3. Market Estimates & Forecast, By Application, 2020-2027

10.4.9. Rest Of Asia-Pacific

10.4.9.1. Market Estimates & Forecast, By Type, 2020-2027

10.4.9.2. Market Estimates & Forecast, By Platform, 2020-2027

10.4.9.3. Market Estimates & Forecast, By Application, 2020-2027

10.5. Middle East & Africa

10.5.1. Market Estimates & Forecast, By Country, 2020-2027

10.5.2. Market Estimates & Forecast, By Type, 2020-2027

10.5.3. Market Estimates & Forecast, By Platform, 2020-2027

10.5.4. Market Estimates & Forecast, By Application, 2020-2027

10.5.5. Saudi Arabia

10.5.5.1. Market Estimates & Forecast, By Type, 2020-2027

10.5.5.2. Market Estimates & Forecast, By Platform, 2020-2027

10.5.5.3. Market Estimates & Forecast, By Application, 2020-2027

10.5.6. UAE

10.5.6.1. Market Estimates & Forecast, By Type, 2020-2027

10.5.6.2. Market Estimates & Forecast, By Platform, 2020-2027

10.5.6.3. Market Estimates & Forecast, By Application, 2020-2027

10.5.7. Rest Of Middle East & Africa

10.5.7.1. Market Estimates & Forecast, By Type, 2020-2027

10.5.7.2. Market Estimates & Forecast, By Platform, 2020-2027

10.5.7.3. Market Estimates & Forecast, By Application, 2020-2027

10.6. Latin America

10.6.1. Market Estimates & Forecast, By Country, 2020-2027

10.6.2. Market Estimates & Forecast, By Type, 2020-2027

10.6.3. Market Estimates & Forecast, By Platform, 2020-2027

10.6.4. Market Estimates & Forecast, By Application, 2020-2027

10.6.5. Brazil

10.6.5.1. Market Estimates & Forecast, By Type, 2020-2027

10.6.5.2. Market Estimates & Forecast, By Platform, 2020-2027

10.6.5.3. Market Estimates & Forecast, By Application, 2020-2027

10.6.6. Rest Of Latin America

10.6.6.1. Market Estimates & Forecast, By Type, 2020-2027

10.6.6.2. Market Estimates & Forecast, By Platform, 2020-2027

10.6.6.3. Market Estimates & Forecast, By Application, 2020-2027

11 Competitive Landscape

11.1. Competitive Overview

11.2. Competitor Dashboard

11.3. Major Growth Strategy In The Global Submarine Market

11.4. Competitive Benchmarking

11.5. Market Share Analysis

11.6. Leading Player In Terms Of Number Of Developments In Global Submarine Market

11.7. Key Developments & Growth Strategies

11.7.1. Product Launch/Service Deployment

11.7.2. Mergers And Acquisitions

11.7.3. Joint Ventures

12 Company Profiles

12.1 General Dynamics

12.1.1 Company Overview

12.1.2 Financial Overview

12.1.3 Products Offered

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategies

12.2 Huntington Ingalls Industries

12.2.1 Company Overview

12.2.2 Financial Overview

12.2.3 Products Offered

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategies

12.3 Mazagon Dock Shipbuilders Limited

12.3.1 Company Overview

12.3.2 Financial Overview

12.3.3 Products Offered

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategies

12.4 Daewoo Shipbuilding & Marine Engineering Co. Ltd.

12.4.1 Company Overview

12.4.2 Financial Overview

12.4.3 Products Offered

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategies

12.5 FINCANTIERI S.P.A.

12.5.1 Company Overview

12.5.2 Financial Overview

12.5.3 Products Offered

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategies

12.6 Lockheed Martin Corporation

12.6.1 Company Overview

12.6.2 Financial Overview

12.6.3 Products Offered

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategies

12.7 Thales Group

12.7.1 Company Overview

12.7.2 Financial Overview

12.7.3 Products Offered

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategies

12.8 Kawasaki Heavy Industries Ltd.

12.8.1 Company Overview

12.8.2 Financial Overview

12.8.3 Products Offered

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategies

12.9 BAE Systems

12.9.1 Company Overview

12.9.2 Financial Overview

12.9.3 Products Offered

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategies

12.10 Saab AB

12.10.1 Company Overview

12.10.2 Financial Overview

12.10.3 Products Offered

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategies

13 Appendix

13.1. References

13.2. Related Reports

13.3. List Of Abbreviation 

14 List Of Tables

TABLE 1 List Of Assumptions

TABLE 2 Major Patents Granted For Directed Energy Weapon (15 May 2010–15 May 2019)

TABLE 3 Type: Global Submarine Market, 2020-2027 (USD Million)

TABLE 4 Platform: Global Submarine Market, 2020-2027 (USD Million)

TABLE 5 Application: Global Submarine Market, 2020-2027 (USD Million)

TABLE 6 Global Submarine Market, By Region, 2020-2027 (USD Million)

TABLE 7 North America: Submarine Market, By Country, 2020-2027 (USD Million)

TABLE 8 North America: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 9 North America: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 10 North America: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 11 US: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 12 US: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 13 US: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 14 Canada: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 15 Canada: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 16 Canada: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 17 Europe: Submarine Market, By Country, 2020-2027 (USD Million)

TABLE 18 Europe: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 19 Europe: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 20 Europe: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 21 UK: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 22 UK: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 23 UK: Submarine Market, By Application, 2020-2027 (Usd Million)

TABLE 24 Germany: Submarine Market, By Type, 2020-2027 (Usd Million)

TABLE 25 Germany: Submarine Market, By Platform, 2020-2027 (Usd Million)

TABLE 26 Germany: Submarine Market, By Application, 2020-2027 (Usd Million)

TABLE 27 France: Submarine Market, By Type, 2020-2027 (Usd Million)

TABLE 28 France: Submarine Market, By Platform, 2020-2027 (Usd Million)

TABLE 29 France: Submarine Market, By Application, 2020-2027 (Usd Million)

TABLE 30 Italy: Submarine Market, By Type, 2020-2027 (Usd Million)

TABLE 31 Italy: Submarine Market, By Platform, 2020-2027 (Usd Million)

TABLE 32 Italy: Submarine Market, By Application, 2020-2027 (Usd Million)

TABLE 33 Rest Of Europe: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 34 Rest Of Europe: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 35 Rest Of Europe: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 36 Asia-Pacific: Submarine Market, By Country, 2020-2027 (USD Million)

TABLE 37 Asia-Pacific: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 38 Asia-Pacific: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 39 Asia-Pacific: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 40 China: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 41 China: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 42 China: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 43 India: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 44 India: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 45 India: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 46 Japan: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 47 Japan: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 48 Japan: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 49 Australia: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 50 Australia: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 51 Australia: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 52 Rest Of Asia-Pacific: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 53 Rest Of Asia-Pacific: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 54 Rest Of Asia-Pacific: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 55 Middle East & Africa: Submarine Market, By Country, 2020-2027 (USD Million)

TABLE 56 Middle East & Africa: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 57 Middle East & Africa: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 58 Middle East & Africa: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 59 Saudi Arabia: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 60 Saudi Arabia: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 61 Saudi Arabia: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 62 UAE: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 63 UAE: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 64 UAE: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 65 Rest Of The Middle East & Africa: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 66 Rest Of The Middle East & Africa: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 67 Rest Of The Middle East & Africa: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 68 Latin America: Submarine Market, By Country, 2020-2027 (USD Million)

TABLE 69 Latin America: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 70 Latin America: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 71 Latin America: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 72 Brazil: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 73 Brazil: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 74 Brazil: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 75 Rest Of Latin America: Submarine Market, By Type, 2020-2027 (USD Million)

TABLE 76 Rest Of Latin America: Submarine Market, By Platform, 2020-2027 (USD Million)

TABLE 77 Rest Of Latin America: Submarine Market, By Application, 2020-2027 (USD Million)

TABLE 78 The Most Active Players In The Global Submarine Market

TABLE 79 Contracts And Agreements

TABLE 80 Mergers And Acquisitions

TABLE 81 Product Development

TABLE 82 Expansions And Investments

TABLE 83 Joint Ventures And Partnerships

15 List Of Figures

Figure 1 Market Synopsis

Figure 2 Global Submarine Market: Market Attractiveness Analysis

Figure 3 Global Submarine Market Analysis, By Type

Figure 4 Global Submarine Market Analysis, By Platform

Figure 5 Global Submarine Market Analysis, By Application

Figure 6 Global Submarine Market Analysis, By Region

Figure 7 Global Submarine Market: Market Structure

Figure 8 Key Buying Criteria For Selecting Submarine For Various Application

Figure 9 Research Process Of MRFR

Figure 10 North America: Market Size & Market Share, By Country, 2020-2027

Figure 11 Europe: Market Size & Market Share, By Country, 2020-2027

Figure 12 Asia-Pacific: Market Size & Market Share, By Country, 2020-2027

Figure 13 Middle East & Africa: Market Size & Market Share, By Country, 2020-2027

Figure 14 Latin America: Market Size & Market Share, By Region, 2020-2027

Figure 15 Market Dynamics Overview

Figure 16 Growth In International Seaborne Trade (1970–2019)

Figure 17 World Seaborne Trade, By Region, 2020

Figure 18 Drivers Impact Analysis: Global Submarine Market

Figure 19 Restraints Impact Analysis: Global Submarine Market

Figure 20 Global Submarine Market (In Millions) 2009–2020

Figure 21 Porter’s Five Forces Analysis Of The Global Submarine Market

Figure 22 Supply Chain: Global Submarine Market

Figure 23 Global Submarine Market Share, By Type, 2020 (% Share)

Figure 24 Global Submarine Market Share, By Component, 2020 (% Share)

Figure 25 Global Submarine Market Share, By Application, 2020 (% Share)

Figure 26 Global Submarine Market Share, By Region, 2020 (% Share)

Figure 27 North America: Submarine Market Share, By Country, 2020 (% Share)

Figure 28 Europe: Submarine Market Share, By Country, 2020 (% Share)

Figure 29 Asia-Pacific: Submarine Market Share, By Country, 2020 (% Share)

Figure 30 Middle East & Africa: Submarine Market Share, By Country, 2020 (% Share)

Figure 31 Latin America: Submarine Market Share, By Country, 2020 (% Share)

Figure 32 Competitor Dashboard: Global Submarine Market

Figure 33 Capital Market Ratio And Financial Matrix

Figure 34 Contracts And Agreements: The Major Strategy Adopted By Key Players In The Global Submarine Market

Figure 35 Benchmarking Of Major Competitors

Figure 36 Major Manufacturers Market Share Analysis, 2020

Submarine Market

Submarine Market Size is expected to reach USD 29.5 Billion by 2030, registering a CAGR of 3.2 % during 2022-2030.

Segmentation

By Type Nuclear Powered Submarine Diesel Electric Submarine & Ballistic Missile Submarine
Application Surveillance Combat Marine Environmental Monitoring Detection Of Oil Resources Scientific Research Others
Platform Commercial Military

Key Players

  • Navantia SA
  • Kockums AB
  • JSC PO Sevmash
  • Lockheed Martin Corp
  • ASC Pty Ltd
  • FINCANTIERI SpA
  • DCNS
  • ThyssenKrupp Marine Systems AG
  • and General Dynamics Electric Boat Corp.

Drivers

  • Growing arm race between countries
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Submarine Combat Systems Market overview:


Submarine Combat Systems Market is projected to reach $ 29.5 Billion by 2030, registering a CAGR of 3.2 % During 2022-2030


As stated by the International Chamber of Shipping, the international shipping industry accounts for about 90% of world trade. Besides, according to NASA, 2.4 billion of the global population, about 40% remain 100 km (60 miles) from the ocean coast. Because of this topography, groundwater bodies adjacent to land have always been constantly protected and controlled by the defense sector of economies around the world. 


Consequently, naval capabilities around the world have accompanied a larger defense budget year after year. As submarines are significant components of naval fleets, with authority in surveillance, counter-surveillance, and combat, the size of the global submarine market reached an impressive $ 27.2 billion in 2018. Directly influenced by socio-political friction between countries, the submarine market is expected to exhibit a growth rate of 3.24% during the 2019-2025 forecast. In addition to vehicle manufacturing, most market participants are also engaged in the development of shipping technologies in the economies and add more impetus to the approach to combat. For example, Lockheed Martin Corp. is the combat system integrator of the Australian Future Submarine Program (FSP), considered the largest defense capital investment program in Australian history. The company will work with the Australian Defense Department and the Naval Group to design combat systems for the next 40 years.


Competitive submarine cable market Analysis:



The global submarine market is concentrated. Competition in the market is high due to the presence of several limited suppliers who have equal opportunities during the bidding process. The major suppliers have a significant share of the market, due to their strong experience and financial capability. New suppliers compete with established suppliers, strengthening their positions in local markets. BAE Systems Plc, DSME Co. Ltd., and Fincantieri Spa are some of the leading players in the market. While the growing arms race between countries offers huge growth opportunities, restrictions on the ability to build submarines will challenge the growth of market participants. To take advantage of most opportunities, market providers need to focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.


To help clients improve their market position, this submarine market forecast report gives a detailed analysis of market leaders and gives information about the competencies and capabilities of these companies. The report also deals with details of the competitive market scenario and gives information about the products offered by several companies. Besides, this report on submarine market analysis also gives information on future trends and challenges that will affect market growth. This will help companies create strategies to take advantage of future growth opportunities.


Submarine combat systems market size, main drivers, and trends:



Submarine market analysis predicts that the global submarine market will grow at a growth rate of more than 4% over the forecast. This market research analysis identifies the growing arms race between countries as one of the main factors for the growth of the submarine industry. With the growing number of conflicts overseas borders and trade routes, countries around the world need to improve their underwater combat capabilities. To gain or maintain military supremacy, countries are increasingly focusing on the development and acquisition of the most advanced and cutting-edge military platforms, such as submarines, which will then accelerate market growth.


Lithium-ion batteries can store up to 100% more energy than lead-acid batteries and can be fully charged faster. The performance of these batteries is consistently fair, even with low charge levels. Also, these batteries can be recharged at sea by snorkeling and require minimal maintenance. This in turn will result in the integration of lithium-ion batteries in submarines, which will be one of the main trends in the submarine market growth that will gain strength in the coming years.


Market Growth Drivers:



  • The influx of investments in R&D by private suppliers and naval forces has spread the development of nuclear ships and submarines. This prompted the transition of submarines from slow submarines to battleships designed to keep 20-25 knots submerged for weeks. As nuclear power ships can stay at sea without refueling for long periods, the market is growing even more, with developed countries opting for nuclear submarines.


 


  • The growing deployment of unmanned submarine vehicles (UUVs) significantly causes an increase in the parent submarine market, as UUVs are a subsegment in the market. UUVs have extensive applications in naval intelligence, surveillance and reconnaissance, mine countermeasure operations, and anti-submarine military missions. These cheap vehicles are also used privately by individuals for diving at sea and coastal tourist services. Therefore, this specific type of vehicle with the naval and deep commercial application is a major driver of growth in the global underwater market.


 


  • Economic interest and disinterest among countries involved in trade and cold wars is a new engine for market growth. For example, the United States in a trade war with China offered Taiwan, which exploded in 1949 as part of the Chinese mainland, the delivery of technology that would allow Taiwan to produce its submarines. Therefore also demand submarines appear in developing economies.


Challenges of the submarine market:



Vehicle life is a major disadvantage for the submarine market trends. The average useful life is about 30 to 40 years, which is why the demand for newer vehicles is less compared to the demand for renovation and maintenance of the existing fleet. However, the increase in the defense budgets of the major economies allows the purchase of newer vehicles and the maintenance of existing ones. Because most market participants provide care services as well as manufacturing, they take advantage of these federal funds.


Submarine market capitalization by geography:



The strategic need for deterrent resources and old and obsolete submarines will significantly enhance the growth of the submarine market in this region during the forecast. 34% of market growth will come from North America during the forecast. The United States is a key market for submarines in North America. Market growth in this region will be faster than market growth in MEA and South America.


In 2018, North America dominated the submarine market size, due to factors such as high military spending in the United States and aggressive acquisition of submarines, along with a greater focus on unmanned underwater vehicles. Besides, North American revenues are expected to record the highest growth rate during the forecast. The development of advanced submarines and the U.S. focus on acquiring state-of-the-art submarines are the main reasons for the projected growth of the market in the region. Also, the increased focus on Virginia-class-built submarines may contribute to the strong growth of the market in the region in the coming years.


Submarine Market segmentation by type:



SSNs are highly demanded due to their useful features such as greater strength, improved speeds, and better efficiency, compared to SSKs with traditional power. The current generation of SSN does not need to be refilled to extend its useful life (which is 25 years or more) and can accommodate powerful sensors and weapons. Growing investments to develop nuclear submarines and improve projects have increased SSN’s fleet orders globally.


The market growth for the SSN segment will be faster than the market growth for the SSBN and SSK segments. This report gives an accurate forecast of the contribution of all segments to the growth of the size of the submarine market analysis.


Recent developments in the Submarine Market Scope:



  • General Dynamics Corp’s subsidiary, Electric Boat, in March 2019 received $ 2 billion in contract modification by the U.S. Navy for long-term supply for the main propulsion unit and ship service turbine-generator efforts. electrical and mechanical components of the system. This review reaches the total contract value of nearly $ 3.2 billion originally offered in 2017.


Submarine Market Companies:



Some of the major players in the global submarine market are Navantia S.A., Kockums AB, JSC PO Sevmash, Lockheed Martin Corp., ASC Pty Ltd., FINCANTIERI SpA, DCNS, ThyssenKrupp Marine Systems AG, and General Dynamics Electric Boat Corp.


Field of submarine market research:

The base year of the study is 2018, with a forecast made until 2025. The study presents an in-depth analysis of the competitive landscape, taking into account the market shares of the major companies. It also provides information on first shipments. This gives key market participants the necessary business intelligence and helps them understand the future of the submarine market. The assessment includes a forecast, overview of the competitive structure, market shares of competitors, as well as market trends, market demands, market drivers, market challenges, and product analysis. Market drivers and limits were assessed to assess their impact during the forecast. This report also identifies the main growth opportunities, while detailing the main challenges and potential threats. The main focuses include the various types of innovations in the submarine market and their specific advantages for the market.

The submarine market report also analyzes the main geographical regions for the market, as well as the main countries for the market in those regions.

The report also includes submarine antenna market size, personal submarine market capitalization, submarine cable system market share, diesel submarine market share, and submarine sensor market.

Submarine Market: Main Highlights of the 2020-2025 Report


  • Detailed information on the factors that will drive the growth of the submarine market over the next five years

  • Accurate assessment of the size of the submarine market share and its contribution to the parent market

  • Accurate predictions of future trends and changes in consumer behavior

  • The growth of the submarine industry in APAC, Europe, MEA, North and South America

  • A complete analysis of the competitive market scenario and detailed information on suppliers




Report Scope:
Report Attribute/Metric Details
  Market Size   29.5 Billion
  CAGR   3.2%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   USD (Billion)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type,Application,Platform,and Region
  Geographies Covered   APAC, Europe, MEA, North and South America
  Key Vendors   Navantia S.A., Kockums AB, JSC PO Sevmash, Lockheed Martin Corp., ASC Pty Ltd., FINCANTIERI SpA, DCNS, ThyssenKrupp Marine Systems AG, and General Dynamics Electric Boat Corp.
  Key Market Opportunities   Technological play an integral role in strengthening the military systems of a nation
  Key Market Drivers   The influx of investments in R&D by private suppliers and naval forces has spread the development of nuclear ships and submarines, The growing deployment of unmanned submarine vehicles (UUVs) significantly


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Frequently Asked Questions (FAQ) :

Global submarine market is anticipated to acquire a market value of USD 29.5 Billion by 2030.

Global submarine market is estimated to expand at a notable CAGR by 2030.

North America is projected to lead the global market owing to the high demand for nuclear-powered submarines and heave warfare technologies.

Based on type, the powered submarine segment is anticipated to acquire the largest market share during the evaluation period.

Kawasaki Heavy Industries Ltd. (Japan), Mazagon Dock Shipbuilders Limited (India), FINCANTIERI S.p. (Italy), and Saab AB (Sweden) are some of the eminent players in the global submarine market.