The Global Submarines and MRO Market 2017-2027

  • ID: 4434495
  • Report
  • Region: Global
  • 135 pages
  • Strategic Defence Intelligence
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Global Military Submarine Market is Projected Grow at a CAGR of Almost 4.5%, to Reach About US$34 Billion by 2027

FEATURED COMPANIES

  • Admiralty Shipyard
  • ASC Pty Ltd
  • BAE Systems Plc
  • Mazagon Dock
  • Naval Group
  • PO Sevmash
  • MORE

Global military submarine and related MRO market, valued at just over US$22 Billion in 2017, is projected grow at a CAGR of almost 4.5%, to reach about US$34 Billion by 2027. The cumulative market for global expenditure on military submarines will reach over US$300 Billion over the forecast period. Out of which, the submarine procurement is expected to be valued at almost US$20 Billion in 2017 and projected to cross US$30 Billion by 2027. Whereas, the MRO services of submarines market is set to grow from about US$2.5 Billion in 2017 to reach almost US$3 Billion by 2027, registering a growth rate of more than 0.5%.

Military submarines market is split into three segments: SSN-Nuclear Attack Submarine, SSK-Diesel Electric Submarine and SSBN-Ballistic Missile Submarine. During the forecast period, SSN are expected to account for the largest share of spending, accounting for nearly 40% of the overall global market. The major factor driving expenditure on the SSN segment is the increased ability of a nuclear powered attack submarine to be at sea for longer missions without refueling, when compared to SSK submarines. Major investments in this category include the US’s Virginia class, Chinese Type 097, Russian Yasen class, the UK’s Astute, and the French Barracuda, among others.

Military submarine and related MRO market is expected to be led by Asia Pacific with a share of nearly 35% over the forecast period, closely followed by North America with over a 30% share, and Europe with just over 25% share. The Latin American market for military submarines is expected to account for about 4%, followed by the Middle East and African markets with a collective share of about 3.5%.

Despite military budget cuts, Europe’s share in the global submarine market is projected to increase from about 23% in 2017 to over 25% in 2027, primarily due to various scheduled deployments. These include programs such as the Astute, Successor, Yasen, and Borei classes among others, some of which have been initiated in previous years.

The report “The Global Submarines and MRO Market 2017-2027” offers detailed analysis of the global Submarine market over the next ten years, and provides market size forecasts. It covers key technological and market trends in the industry, and analyzes factors influencing submarine demand. The report also highlights challenges faced by industry participants.

In particular, this report provides the following analysis:

  • Overview: Snapshot of the Submarine market during 2017-2027, 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, Huntington Ingalls Industries (HII), General Dynamics Electric Boat Corp, Naval Group, Saab Kockums, Mazagon Dock, Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME), PO Sevmash, ThyssenKrupp Marine Systems (TKMS), Admiralty Shipyard, ASC Pty Ltd

Scope

  • Global Submarines and MRO Market is projected to register a CAGR of 4.36% over 2017-2027
  • In terms of categories, the SSN-Nuclear Attack Submarine segment is anticipated to account for the largest share of expenditure globally, with a market share of 39.1% followed by the SSK-Diesel Electric Submarine and SSBN-Ballistic Missile Submarine, with shares of 37.4% and 23.5%, respectively
  • Asia-Pacific is analyzed to dominate the global submarines and MRO market with a share of 34.3%, followed by North America and Europe, with shares of 32.7% and 25.5%, respectively

Reasons to buy

  • Determine prospective investment areas based on a detailed trend analysis of the global submarines and MRO market over the next years
  • Gain in-depth understanding about the underlying factors driving demand for different submarine segments in the top spending countries across the world and identify the opportunities offered by each of them
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
  • Identify the major channels that are driving the global submarines market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global submarines and MRO market
  • Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top submarine providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
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FEATURED COMPANIES

  • Admiralty Shipyard
  • ASC Pty Ltd
  • BAE Systems Plc
  • Mazagon Dock
  • Naval Group
  • PO Sevmash
  • 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 Submarine Market - Segment Analysis

Segment Analysis: SSN

  • Market size and CAGR growth analysis, 2017-2027
  • Change in market share, 2017-2027

Segment Analysis: SSK

  • Market size and CAGR growth analysis, 2017-2027
  • Change in market share, 2017-2027

Segment Analysis: SSBN

  • Market size and CAGR growth analysis, 2017-2027
  • Change in market share, 2017-2027

Regional Review

  • Defense capital expenditure
  • Capex forecast, 2017- 2027
  • Factors influencing military modernization programs

Military Submarine Market - Regional Analysis

  • Regional overview
  • Factors driving spending within the region
  • Regional expenditure on each sub-segment, 2017-2027
  • Market Size and CAGR growth analysis, 2017-2027
  • Change in market share, 2017-2027

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, 2017-2027
  • Change in market share, 2017-2027

Key Programs Analysis

  • Description of key programs
  • Delivery period, units and total expenditure

Competitive Landscape Analysis

  • Competitive analysis - 11 leading companies
  • Major Products and Services
  • Major Alliances and Recent Contracts
  • Financial Analysis covering Revenue, Operating Profit and Net Profit

List of Tables
Global military submarine Industry Consolidation
Global military submarine and MRO Market by Segments
Global military submarine and MRO Market by Regions
US military submarine and MRO Market Overview
US military submarine and MRO Programs
China military submarine and MRO Market Overview
China military submarine and MRO Programs
India military submarine and MRO Market Overview
India military submarine and MRO Programs
Australia military submarine and MRO Market Overview
Australia military submarine and MRO Programs
Russia military submarine and MRO Market Overview
Russia military submarine and MRO Programs
UK military submarine and MRO Market Overview
UK military submarine and MRO Programs
France military submarine and MRO Market Overview
France military submarine and MRO Programs
Saudi Arabia military submarine and MRO Market Overview
Israel military submarine and MRO Market Overview
Brazil military submarine and MRO Market Overview
Brazil military submarine and MRO Programs
Egypt military submarine and MRO Market Overview
Virginia Class SSN Program
Astute Class SSN program
Barracuda Class SSN program
Indian Nuclear powered submarines
Columbia Class (Ohio -class replacement program )
Type 094A SSBN
Dreadnought Class (Successor Class)
Project 955 Borei class
SEA 1000 future submarine project
Project-75 (I)
BAE Systems plc: Overview
BAE Systems plc: Key Ratios
BAE Systems plc- Alliances
BAE Systems plc- Recent Contracts
Huntington Ingalls: Overview
Huntington Ingalls- Alliances
Huntington Ingalls- Recent Contracts
General Dynamics Electric Boat Corp: Overview
General Dynamics Electric Boat Corp- Recent Contracts
Naval Group: Overview
Naval Group- Alliances
Naval Group- Recent Contracts
Saab Kockums: Overview
Saab Kockums - Alliances
Saab Kockums- Recent Contracts
Mazagon Dock: Overview
Mazagon Dock: Alliances
Mazagon Dock- Recent Contracts
Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME: Overview
Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME- Alliances
Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME- Recent Contracts
PO Sevmash: Overview
PO Sevmash- Major Alliances
PO Sevmash: Recent Contracts
ThyssenKrupp Marine Systems AG : Overview
ThyssenKrupp Marine Systems AG : Alliances
ThyssenKrupp Marine Systems AG- Recent Contracts
Admiralty Shipyard: Overview
Admiralty Shipyard- Recent Contracts
ASC Pty Ltd: Overview
ASC Pty Ltd- Recent Contracts

List of Figures
Global military submarine and MRO Market : Key Statistics
Global military submarine and MRO Market Size by Segment (US$ Billion), 2017-2027
Global military submarine and MRO Market Size by Region (US$ Billion), 2017-2027
Global military submarine and MRO Market Size, by Segment (%), 2017-2027
Market Size - SSN-Nuclear Attack Submarine (US$ Billion), 2017-2027
Change in market share: 2017-2027
Market Size - SSK-Diesel Electric Submarine (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
Market Size - SSBN-Ballistic Missile Submarine (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
CAPEX: North America
CAPEX: Asia Pacific
CAPEX: Europe
CAPEX: Middle East
CAPEX: Latin America
CAPEX: Africa
Regional Analysis: Overview
Global military submarine and MRO Market by Region (%), 2017-2027
Asia Pacific military submarine and MRO Market (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
North America military submarine and MRO Market (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
Europe military submarine and MRO Market (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
Latin America military submarine and MRO Market (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
Middle East military submarine and MRO Market (US$ Million), 2017-2027
Change in Market Share: 2017-2027
Africa military submarine and MRO Market (US$ Million), 2017-2027
Change in Market Share: 2017-2027
Country Analysis: Overview
US military submarine and MRO Market US (US$ Billion), 2017-2027
US military submarine and MRO Market, by Segment (%), 2017-2027
US SSN-Nuclear Attack Submarine Market (US$ Billion), 2017-2027
Change in market share: 2017-2027
US SSBN-Nuclear Attack Submarine Market (US$ Billion), 2017-2027
Change in market share: 2017-2027
China military submarine and MRO Market (US$ Billion), 2017-2027
China military submarine and MRO Market, by Segment (%), 2017-2027
China SSBN-Ballistic Missile Submarine Market (US$ Billion), 2017-2027
Change in market Share: 2017-2027
China SSK-Diesel Electric Submarine Market (US$ Billion), 2017-2027
Change in market Share: 2017-2027
China SSN-Nuclear Attack Submarine Market (US$ Million), 2017-2027
Change in Market Share: 2017-2027
India military submarine and MRO Market (US$ Billion), 2017-2027
India military submarine and MRO Market, by segment (%), 2017-2027
India SSK-Diesel Electric Submarine Market (US$ Billion), 2017-2027
Change in market Share: 2017-2027
India SSN-Nuclear Attack Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
India SSBN-Ballistic Missile Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Australia military submarine and MRO Market (US$ Billion), 2017-2027
Australia SSK-Diesel Electric Submarine Market (US$ Billion), 2017-2027
Change in market share: 2017-2027
Russia military submarine and MRO Market (US$ Billion), 2017-2027
Russia military submarine and MRO Market, by Segment (%), 2017-2027
Russia SSBN-Ballistic Missile Submarine Market (US$ Billion), 2017-2027
Change in market share: 2017-2027
Russia SSN-Nuclear Attack Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Russia SSK-Diesel Electric Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
UK military submarine and MRO Market (US$ Billion), 2017-2027
UK military submarine and MRO Market, by Segment (%), 2017-2027
UK SSBN-Ballistic Missile Submarine Market (US$ Billion), 2017-2027
Change in Market Share: 2017-2027
UK SSN-Nuclear Attack Submarine Market (US$ Million), 2017-2027
Change in Market Share: 2017-2027
France military submarine and MRO Market (US$ Million), 2017-2027
France military submarine and MRO Market, by Segment (%), 2017-2027
France SSN-Nuclear Attack Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
France SSBN-Ballistic Missile Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Saudi Arabia military submarine and MRO Market (US$ Million), 2017-2027
Saudi Arabia SSK-Diesel Electric Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Israel military submarine and MRO Market (US$ Million), 2017-2027
Israel SSK-Diesel Electric Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Brazil military submarine and MRO Market (US$ Million), 2017-2027
Brazil military submarine and MRO Market, by segment (%), 2017-2027
Brazil SSK-Diesel Electric Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Brazil SSN-Nuclear Attack Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Egypt military submarine and MRO Market (US$ Million), 2017-2027
Egypt SSK-Diesel Electric Submarine Market (US$ Million), 2017-2027
Change in market share: 2017-2027
Revenue Trend Analysis (GBP Billion), 2012-2016
Operating Profit Trend Analysis (GBP Billion), 2012-2016
Net Profit Trend Analysis (GBP Billion), 2012-2016

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