The Global Submarine and MRO Market 2016-2026

  • ID: 3891787
  • Report
  • Region: Global
  • 126 pages
  • Strategic Defence Intelligence
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Global Submarine Market is Worth US$22.8 Billion in 2016 and is Expected to Increase to US$36.3 billion by 2026

FEATURED COMPANIES

  • Admiralty Shipyard
  • ASC Pty Ltd
  • BAE Systems Plc.
  • DCNS
  • FincantieriSpA
  • Ltd (DSME)
  • MORE

Global military submarine and related MRO market, valued at US$22.8 Billion in 2016, is projected grow at a CAGR of 4.74%, to value US$36.3 Billion by 2026. The cumulative market for global expenditure on military submarines will reach US$323.7 Billion over the forecast period.

The military submarines market is split into three segments: SSBN-Ballistic Missile Submarine, SSN-Nuclear Attack Submarine, and SSK-Diesel Electric Submarine. During the forecast period, SSN are expected to account for the largest share of spending, accounting for 38.3% of the overall global market. The major factor driving expenditure on the SSN segment is the increased ability of nuclear powered attack submarines to be at sea for longer missions without refueling, when compared to SSK submarines.

Military submarine and related MRO market is expected to be led by North America with a share of 37% over the forecast period, closely followed by Asia Pacific with 32%, and Europe with 24%. The Latin American market for military submarines is expected to account for 4%, followed by the Middle East and African markets with a collective share of 3%.

The next generations of submarines are being equipped with advanced capabilities such as AIP, sonar sensor technology, supercavitation technology, electro-optical sensors, and lasers. In order to remain concealed, the sound, heat, sonar reflections, and magnetic anomalies produced by submarines need to be minimized. In addition to this, submarines have an advanced communication system that is capable of integrating various inputs and providing real time information. To attain these capabilities, armed forces from all parts of the world are either modernizing their existing fleets or procuring new systems from global manufacturers.

The report “The Global Submarine and MRO Market2016-2026” offers detailed analysis of the global Submarine market over the next ten years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry, and analyzes factors influencing demand for Submarine.

In particular, it provides an in-depth analysis of the following:

  • Overview: Snapshot of the Submarine market during 2016-2026, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments.
  • Market Dynamics: Insights into the technological developments in the Submarine market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants.
  • Segment Analysis: Insights into the Submarine market from a segmental perspective and a detailed analysis of factors influencing the market for each sector.
  • Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
  • Regional Analysis: Insights into the Submarine market from a regional perspective and a detailed analysis of factors influencing the market for each region.
  • Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the Submarine segments expected to be in demand in each region.
  • Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period.
  • Competitive Landscape Analysis: Analysis of competitive landscape of the global Submarine industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

Companies mentioned in this report: BAE Systems Plc., DCNS, Navantia S.A., FincantieriSpA, Saab Kockums, Mazagon Dock, Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME), PO Sevmash, ThyssenKrupp Marine Systems (TKMS), Huntington Ingalls Industries (HII), Admiralty Shipyard, General Dynamics Electric Boat Corp, ASC Pty Ltd.

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FEATURED COMPANIES

  • Admiralty Shipyard
  • ASC Pty Ltd
  • BAE Systems Plc.
  • DCNS
  • FincantieriSpA
  • Ltd (DSME)
  • MORE

Executive Summary

Global Military Submarine Market -Overview

Market Dynamics
- Demand Drivers: Analysis of factors that trigger spending within the sector
- Trends: Prevalent practices, industry consolidation and procurement patterns within the market
- Technological Developments : New products, processes and innovations recently inducted within the sector
- Key Challenges: Obstacles affecting sector growth

Military Submarines Market -Segment Analysis
- Segment Analysis: SSN
- Market size and CAGR growth analysis, 2016-2026
- Change in market share, 2016-2026
- Segment Analysis: SSK
- Market size and CAGR growth analysis, 2016-2026
- Change in market share, 2016-2026
- Segment Analysis: SSBN
- Market size and CAGR growth analysis, 2016-2026
- Change in market share, 2016-2026

Regional Review
- Defense capital expenditure
- Capex forecast, 2016-2026
- Factors influencing military modernization programs

Military Submarine Market -Regional Analysis
- Regional overview
- Factors driving spending within the region
- Regional expenditure on each sub-segment , 2016-2026
- Market Size and CAGR growth analysis, 2016-2026
- Change in market share, 2016-2026

Trend Analysis -Key Defense Markets
- Country -wise breakdown of expenditure for each region
- Sub-segment wise analysis for each country
- Major Programs for each country
- Market Size and CAGR growth analysis, 2016-2026
- Change in market share, 2016-2026

Key Programs Analysis
- Description of key programs
- Delivery period, units and total expenditure

Competitive Landscape Analysis
- Competitive analysis -13 leading companies
- Major Products and Services
- Major Alliances and Recent Contracts
- Financial Analysis covering Revenue, Operating Profit and Net Profit

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  • BAE Systems Plc.
  • DCNS
  • Navantia S.A.
  • FincantieriSpA
  • Saab Kockums
  • Mazagon Dock
  • Daewoo Shipbuilding and Marine Engineering Co.
  • Ltd (DSME)
  • PO Sevmash
  • ThyssenKrupp Marine Systems (TKMS)
  • Huntington Ingalls Industries (HII)
  • Admiralty Shipyard
  • General Dynamics Electric Boat Corp
  • ASC Pty Ltd
Note: Product cover images may vary from those shown
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