The global submarine market is expected to witness high growth over the forecast period. The growth of submarine market is influenced by the continuous investment by various governments into submarines and the increasing use of nuclear energy. However, the growth of this market is expected to be restrained by the costs associated with the refit & maintenance and the proliferation of nuclear weapons.
The global submarine market is expected to witness high growth over the forecast period. The market is majorly driven by the increasing demand for UUV’s for naval intelligence; mine countermeasures (MCM) operations; intelligence, surveillance, and reconnaissance roles; and anti-submarine warfare missions. Many countries are modernizing their naval defense units by manufacturing submarines, surface- mine countermeasure unmanned underwater vehicles, and other combat and tactical UUVs, which is driving the growth of the global submarine market.
However, the growth of this market will be hampered, due to the costs associated with refit & maintenance and proliferation of nuclear weapons.
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Major Key Players
BAE Systems AB (U.K.),
Daewoo Shipbuilding & Marine Engineering Co., Ltd (South Korea) ,
General Dynamics Electric Boat (U.S.),
Huntington Ingalls Industries (U.S.),
Kawasaki Heavy Industries Ltd. (Japan),
Fincantieri – Cantieri Navali Italiani S.p.A. (Italy),
Lockheed Martin (U.S.),
Mitsubishi Heavy Industries, Ltd. (Japan),
Saab group (Sweden)
Thales Group (France).
Scope of the report
This study provides an overview of the global submarine market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Submarine market by its type and region.
- North America
- Asia Pacific
- Rest of the World
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Moreover, regional disputes between nations such as India and Pakistan or China and Japan have triggered the demand for nuclear submarines. Globally, many nations are modernizing their fleets due to their unstable security situations. Submarines are used for electronic warfare and as force multipliers; command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems; target recognition systems; and damage-assessment systems.
Table of Content
… Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3… Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4… Global Submarine Market, By Type
5 Regional Market Analysis
5.2.3 South Korea
5.2.5 Rest Of Asia-Pacific
5.3 North America
5.3.4 Rest Of North America
5.4.4 Rest Of Europe
5.5 Rest Of The World
6… Competitive Analysis
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