Global Undersea Warfare Systems Market: Focus on Weapons and Countermeasures, Sensors and Sonars, Unmanned Underwater systems, Communication Systems and Airborne Detection systems - Analysis and Forecast 2017-2021

  • ID: 4480366
  • Report
  • Region: Global
  • 231 pages
  • BIS Research
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The Global Undersea Warfare Systems Market is Anticipated to Reach $11.4 Billion by 2021

FEATURED COMPANIES

  • Atlas Elektronik Gmbh
  • Boeing
  • General Dynamics
  • Kongsberg Gruppen
  • Northrop Grumman
  • Saab
  • MORE

The global undersea warfare systems market is expected to witness a significant growth over the forecast period 2017-2021 due to the rising number of underwater threats. These systems are able to detect, track and classify any upcoming danger from an unidentified submarine, torpedo attacks, and lethal sea mine. The Undersea warfare system manufacturers are developing advanced underwater technologies to counter underwater threats.  There has been the emergence of the unmanned underwater systems which is impacting the market with the high adoption across the globe. In addition, the global undersea warfare systems market is significantly growing due to the high defense spending across various countries. This high scale growth of the undersea warfare systems industry is subsequently influencing the market, therefore new advanced underwater technologies are being developed. The adoption of the undersea warfare systems in order to protect the country from rising enemy attacks is one of the key drivers for the growth of the global undersea warfare systems market.

Moreover, continuous improvements in the underwater technologies as well as the technological development of airborne detection systems is providing an opportunity for the growth of the global undersea warfare systems market. There are mainly five types of undersea warfare systems that include weapons & countermeasures, unmanned underwater systems, sensors & sonars, communication systems, and airborne detection systems. In addition to this, the market of the airborne detection systems is expected to have the highest growth rate during the forecast period 2017-2021 due to the high demand across Asia-Pacific region. By analysis, the global undersea warfare systems market generated revenue approximately $8,257.9 million, in 2016 and is estimated to grow at a CAGR of 6.6% during 2017-2021. North America is expected to acquire the most revenue in the global undersea warfare systems market by 2021 with the U.S. acquiring the most market share, globally. However, Asia-Pacific is expected to have the highest growth rate during the forecast period 2017-2021.

Following points provide a concrete description of the report content and the topics covered in the report:

  • This report identifies the global undersea warfare systems market under different segments such as types, and regions
  • It examines the prime supply side factors affecting the growth of the market along with the current and future trends, market drivers, restraints, and challenges prevalent in the global undersea warfare systems market
  • The report also highlights the value chain of the industry with the  major focus on the technology roadmap
  • A detailed competitive analysis has been included in this report which focuses on the ¬key market developments & strategies followed by the top players in the market. Additionally, market share analysis model has been included in the existing study which analyzes the share of the market players in the global undersea warfare systems market
  • Different types of the global undersea warfare systems market, such as weapons & countermeasures, unmanned underwater systems, sensors & sonars, communication systems and airborne detection systems, have  been estimated and analyzed in the report
  • The global undersea warfare systems market has been analyzed in the report for the major regions including North America, Europe, Asia-Pacific, and rest of the world
  • A detailed Porter’s Five Forces analysis has been included in the report. Furthermore, the report also focuses on providing information on the key participants and future opportunities in the global undersea warfare systems market

The study provides detailed analysis of the 15 key players in the global undersea warfare systems market including ATLAS ELEKTRONIK GmbH, BAE Systems plc., ECA Group, General Dynamics, Harris Corporation, Kongsberg Gruppen, Leonardo, Lockheed Martin, Northrop Grumman, Raytheon Company, S.A. de Electronica Submarina (SAES), Saab AB, Thales Group, Boeing and Ultra Electronics, in the Company Profiles section. This section covers business financials, company snapshots, key products & services, major developments, future programs (if any), and , the individual SWOT analysis.

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FEATURED COMPANIES

  • Atlas Elektronik Gmbh
  • Boeing
  • General Dynamics
  • Kongsberg Gruppen
  • Northrop Grumman
  • Saab
  • MORE

Executive Summary

1 Scope & Research Methodology
1.1 Research Scope
1.2 Global Undersea Warfare Systems Market: Research Methodology

2 Market Dynamics
2.1 Market Drivers
2.1.1 Rising Defense Spending
2.1.2 Threats from Enemy Underwater Weapons Systems
2.2 Market Challenges
2.2.1 Environmental Challenges due to Undersea Systems
2.2.2 Navigational and Operational Complexities with Undersea Unmanned Systems
2.3 Market Opportunities
2.3.1 Development of Airborne Detection Systems
2.3.2 Improvements in Underwater Technologies

3 Competitive Insights
3.1 Competitive Landscape
3.2 Market Key Strategies and Developments
3.3 Key Strategies and Developments
3.3.1 Partnerships, Agreements, and Contracts
3.3.2 Product Launches
3.3.3 Mergers and Acquisitions
3.3.4 Other Developments
3.4 Competitive Benchmarking Map
3.5 Industry Attractiveness: Porter’s Five Forces Analysis

4 Industry Analysis
4.1 Military Expenditure on Unmanned Systems
4.2 Share of Submarine Fleet by Country
4.3 Product Pricing Analysis of Undersea Warfare Systems
4.4 Value Chain Analysis

5 Global Undersea Warfare Systems Market, 2017-2021
5.1 Assumptions and Limitations
5.2 Market Overview

6 Global Undersea Warfare Systems Market by Type
6.1 Market Overview
6.2 Weapons and Countermeasures
6.3 Sensors and Sonars
6.4 Unmanned Underwater Systems
6.4.1 Remotely Operated Vehicles (ROVs)
6.4.2 Autonomous Underwater Vehicles (AUVs)
6.4.3 Hybrid Unmanned Underwater Vehicles
6.5 Communication Systems
6.6 Airborne Detection Systems
6.6.1 Sonobuoys
6.6.2 Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS)
6.6.3 Radio Detection and Ranging (RADAR)
6.6.4 Magnetic Anomaly Detection (MAD) Systems

7 Global Undersea Warfare systems Market by Region
7.1 Market Overview
7.2 North America Undersea Warfare Systems Market
7.2.1 North America Undersea Warfare Systems Market by Type
7.2.2 North American Undersea Warfare Systems Market by Country
7.2.2.1 The U.S.
7.2.2.2 Canada
7.3 Europe Undersea Warfare Systems Market
7.3.1 Europe Undersea Warfare Systems Market by Type
7.3.2 Europe Undersea Warfare Systems Market by Country
7.3.2.1 Russia Undersea Warfare Systems Market
7.3.2.2 The U.K. Undersea Warfare Systems Market
7.3.2.3 France Undersea Warfare Systems Market
7.3.2.4 Germany Undersea Warfare Systems Market
7.4 Asia Pacific Undersea Warfare Systems Market
7.4.1 Asia-Pacific Undersea Warfare Systems Market by Type
7.4.2 Asia-Pacific Undersea Warfare Systems Market by Country
7.4.2.1 China Undersea Warfare Systems Market
7.4.2.2 India Undersea Warfare Systems Market
7.4.2.3 Japan Undersea Warfare Systems Market
7.4.2.4 South Korea Undersea Warfare Systems Market
7.5 Rest of the World Undersea Warfare Systems Market
7.5.1 Rest of the World Undersea Warfare Systems Market by Type
7.5.2 Rest of the World Undersea Warfare Systems Market by Region
7.5.2.1 Middle-East and Africa Undersea Warfare Systems Market
7.5.2.2 Latin America Undersea Warfare Systems Market

8 Company Profiles
8.1 Atlas Elektronik Gmbh
8.1.1 Company Overview
8.1.2 Product Offerings
8.1.3 SWOT Analysis
8.2 BAE Systems plc.
8.2.1 Company Overview
8.2.2 Products & Services
8.2.3 Overall Financials
8.2.3.1 Financial Summary
8.2.4 SWOT Analysis
8.3 Boeing
8.3.1 Company Overview
8.3.2 Products & Services
8.3.3 Overall Financials
8.3.3.1 Financial Summary
8.3.4 SWOT Analysis
8.4 ECA Group
8.4.1 Company Overview
8.4.2 Product & Services
8.4.3 Overall Financials
8.4.3.1 Financial Summary
8.4.4 SWOT Analysis
8.5 General Dynamics
8.5.1 Company Overview
8.5.2 Products & Services
8.5.3 Overall Financials
8.5.3.1 Financial Summary
8.5.4 SWOT Analysis
8.6 Harris Corporation
8.6.1 Company Overview
8.6.2 Products and Services
8.6.3 Financials
8.6.3.1 Overall Financials
8.6.4 Financial Summary
8.6.5 SWOT Analysis
8.7 Kongsberg Gruppen
8.7.1 Company Overview
8.7.2 Products & Services
8.7.3 Overall Financials
8.7.3.1 Financial Summary
8.7.4 SWOT Analysis
8.8 Leonardo DRS
8.8.1 Company Overview
8.8.2 Products & Services
8.8.3 Overall Financials
8.8.3.1 Financial Summary
8.8.4 SWOT Analysis
8.9 Lockheed Martin Corporation
8.9.1 Company Overview
8.9.2 Products & Services
8.9.3 Overall Financials
8.9.3.1 Financial Summary
8.9.4 SWOT Analysis
8.10 Northrop Grumman
8.10.1 Company Overview
8.10.2 Product Offerings
8.10.3 Overall Financials
8.10.3.1 Financial Summary
8.10.4 SWOT Analysis
8.11 Raytheon Inc.
8.11.1 Company Overview
8.11.2 Product Offerings
8.11.3 Overall Financials
8.11.3.1 Financial Summary
8.11.4 SWOT Analysis
8.12 S.A. de Electronica Submarina (SAES)
8.12.1 Company Overview
8.12.2 Products & Services
8.12.3 SWOT Analysis
8.13 Saab
8.13.1 Company Overview
8.13.2 Product Offerings
8.13.3 Overall Financials
8.13.3.1 Financial Summary
8.13.4 SWOT Analysis
8.14 Thales Group
8.14.1 Company Overview
8.14.2 Products & Services
8.14.3 Overall Financials
8.14.3.1 Financial Summary
8.14.4 SWOT Analysis
8.15 Ultra-Electronics
8.15.1 Company Overview
8.15.2 Product Offerings
8.15.3 Overall Financials
8.15.3.1 Financial Summary
8.15.4 SWOT Analysis

9 Appendix
9.1 Related Reports

List of Tables
Table 3.1 Partnerships, Agreements, and Contracts
Table 3.2 Product Launches
Table 3.3 Mergers and Acquisitions
Table 3.4 Other Developments
Table 3.5 Analysing Threat from New Entrants
Table 3.6 Analysing Threat from Substitute Products or Services
Table 3.7 Analysing Bargaining Power of Suppliers
Table 3.8 Analysing Bargaining Power of Buyers
Table 3.9 Analysing Intensity of Competitive Rivalry
Table 4.1 Undersea Warfare Systems for Submarines
Table 4.2 Product Analysis of Some of the Undersea Warfare Systems
Table 6.1 Global Undersea Warfare Systems Market by Type, 2016-2021
Table 6.2 Weapon and Countermeasure Systems Developed by the Leading Manufacturers
Table 6.3 Sensors and Sonars offered by Various Leading Manufacturers
Table 6.4 Unmanned Underwater Vehicles (UUVs) by Various Manufacturers
Table 6.5 Comparison of Acoustic and Optical Telemetry
Table 6.6 Underwater Communication Systems by Various Manufacturers
Table 6.7 Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS)
Table 6.8 Radars for Submarine Detection
Table 6.9 Magnetic Anomaly Detection Systems
Table 6.10  Users of Magnetic Anomaly Detection Systems
Table 7.1 Global Undersea Warfare Systems Market Size by Region, 2016-2021
Table 7.2 The U.S. Department of Defense Historical Funding for the period 2010-2017
Table 7.3 The U.K. Ministry of Defence (MoD) Budget, 2016-2021
Table 8.1 SAAB-Business Segments
Table 8.2 Sonar Suits Available for Various Platforms

List of Figures
Figure 1 Global Undersea Warfare Systems Market, 2016-2021
Figure 2 Global Undersea Warfare Systems Market by Type, 2016 & 2021 ($Million)
Figure 3 Global Undersea Warfare Systems Market by Region, 2016 & 2021
Figure 4 Global Undersea Warfare Systems Market by Country, 2016 ($Million)
Figure 1.1 Undersea Warfare Systems Market Scope
Figure 1.2 Research Methodology
Figure 1.3 Secondary Data Sources
Figure 1.4 Data Triangulation
Figure 1.5 Top Down and Bottom Up Approach
Figure 1.6 Global Undersea Warfare Systems Market Influencing Factors
Figure 1.7 Assumptions and Limitations
Figure 2.1 Market Dynamics Snapshot
Figure 2.2 Impact Analysis of Market Drivers
Figure 2.3 Impact Analysis of Market Challenges
Figure 2.4 Impact Analysis on Market Opportunities
Figure 2.5 Global Military Spending, 2017
Figure 2.6 Global Military Spending, 2016
Figure 2.7 Major Challenges of Underwater Acoustic Network
Figure 3.1 Some of the Organic and Inorganic Growth Strategies Adopted by the Key Players
Figure 3.2 Percentage Share of Strategies Adopted by the Market Players, 2013-2017
Figure 3.3 Competitive Benchmarking Map of Undersea Warfare Systems Manufacturers
Figure 3.4 Porter’s Five Forces Analysis
Figure 3.5 Threat from New Entrants
Figure 3.6 Threat from Substitute Products or Services
Figure 3.7 Bargaining Power of Suppliers
Figure 3.8 Bargaining Power of Buyers
Figure 3.9 Intensity of Competitive Rivalry
Figure 4.1 Share of the U.S. DoD Funding on Unmanned Systems, in FY2017
Figure 4.2 Share of Submarine Fleet by Country, as of 2017
Figure 4.3 Value Chain Analysis
Figure 5.1 Global Undersea Warfare Systems Market, 2016-2021
Figure 6.1 Classification of the Global Undersea Warfare Systems Market by Type
Figure 6.2 Global Undersea Warfare Systems Market by Type, 2016 and 2021 ($Million)
Figure 6.3 Weapons and Countermeasures Market Size, 2016-2021
Figure 6.4 Technological Advancements of the Next Generation Torpedoes
Figure 6.5 Sensors and Sonars Market Size, 2016-2021
Figure 6.6 Unmanned Underwater Systems Market Size, 2016-2021
Figure 6.7 Remotely Operated Vehicles Market Size, 2016-2021
Figure 6.8 Autonomous Underwater Vehicles Market Size, 2016-2021
Figure 6.9 Hybrid Unmanned Underwater Vehicles Market Size, 2016-2021
Figure 6.10 Communication Systems Market Size, 2016-2021
Figure 6.11 Airborne Detection Systems Market Size, 2016-2021
Figure 6.12 Sonobuoys Market Size, 2016-2021
Figure 6.13 Some Sonobuoys for Submarine Detection
Figure 6.14 Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS) Market Size, 2016-2021
Figure 6.15 Radio Detection and Ranging (RADAR) Market Size, 2016-2021
Figure 6.16 Magnetic Anomaly Detection (MAD) Systems Market Size, 2016-2021
Figure 7.1 Global Undersea Warfare Systems Market by Region
Figure 7.2 Global Undersea Warfare Systems Market by Region, 2016 and 2021 ($Million)
Figure 7.3 North America Undersea Warfare Systems Market Size, 2016-2021
Figure 7.4 North America Undersea Warfare Systems Market by Type, 2016-2021
Figure 7.5 The U.S. Undersea Warfare Systems Market Size, 2016-2021
Figure 7.6 Canada Undersea Warfare Systems Market Size, 2016-2021
Figure 7.7 Europe Undersea Warfare Systems Market Size, 2016-2021
Figure 7.8 Europe Undersea Warfare Systems Market by Type, 2016-2021
Figure 7.9 Russia Undersea Warfare Systems Market Size, 2016-2021
Figure 7.10 The U.K. Undersea Warfare Systems Market, 2016-2021
Figure 7.11 France Undersea Warfare Systems Market, 2016-2021
Figure 7.12 Germany Undersea Warfare Systems Market Size, 2016-2021
Figure 7.13 Asia-Pacific Undersea Warfare Systems Market Size, 2016-2021
Figure 7.14 Asia-Pacific Undersea Warfare Systems Market by Type, 2016-2021
Figure 7.15 China Undersea Warfare Systems Market Size, 2016-2021
Figure 7.16 India Undersea Warfare Systems Market Size, 2016-2021
Figure 7.17 Japan Undersea Warfare Systems Market Size, 2016-2021

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FEATURED COMPANIES

  • Atlas Elektronik Gmbh
  • Boeing
  • General Dynamics
  • Kongsberg Gruppen
  • Northrop Grumman
  • Saab
  • MORE

The underwater environment presents several security challenges to the defense forces due to the presence of undersea threats in the form of unidentified lethal submarines, undersea weapons and sea mines, among others. Therefore, it  gives rise to the development and procurement of the undersea warfare systems by various nations in order to counter any underwater threat. The Undersea warfare systems proves  to be beneficial for strengthening the country’s naval power. Some of the major undersea warfare systems includes weapons and countermeasures, sensors and sonars, communication systems, unmanned systems, and airborne detection systems. Manufacturers have made various developments, in the field of the undersea warfare systems. The manufacturers are also collaborating with other companies in order to geographically expand their product offerings across different regions of the globe. Furthermore, the manufacturers have received various contracts from the naval forces of different nations for the procurement of specific undersea warfare systems.

There has been increasing tensions among various nations due to rising wars and conflicts.  Therefore,  several countries across the globe are  putting their efforts to strengthen their military capabilities by increasing their defense spending on military products and equipment. This also includes the budget for undersea warfare systems to encounter any arising underwater threats from enemy submarines and underwater weapons attacks. As a result, various nations are procuring submarines and anti-submarine warfare frigates which further increases the demand for undersea warfare systems which are required for these platforms in support of carrying out their operations. Therefore, the rising defense spending is one of the biggest driver that is impacting the growth of the global undersea warfare systems market.

The global undersea warfare systems market is expected to reach over $11,393.6 million by 2021. Owing to the rising defense spending  to strengthen the country’s military capabilities for encountering any kind of enemy attacks, including the threats from underwater attacks, the global undersea warfare systems market is expected to grow significantly at a CAGR of 6.6% during the forecast period 2017-2021. The global undersea warfare systems market majorly focuses on the types that include weapons & countermeasures, unmanned underwater systems, sensors & sonars, communication systems, and airborne detection systems. The weapons and countermeasures  acquired the highest market share, in 2017 and is estimated to continue its dominance till 2021. The reason for such strong market share is attributed to the high cost of weapon and countermeasure systems as compared with the other undersea warfare systems. However, the market of the unmanned underwater systems is estimated to grow with the highest CAGR, during the forecast period 2017-2021 due to the advancements in the underwater technologies.

North America is expected to dominate the global undersea warfare systems market, however, Asia-Pacific is expected to grow with the highest CAGR, during 2016-2021. ATLAS ELEKTRONIK GmbH, BAE Systems plc., ECA Group, General Dynamics, Harris Corporation, Kongsberg Gruppen, Leonardo, Lockheed Martin, Northrop Grumman, Raytheon Company, S.A. de Electronica Submarina (SAES), Saab AB, Thales Group, Boeing and Ultra Electronics, among others are the major players of the global undersea warfare systems market.

The U.S. is the most prominent nation in North America followed by Canada for the growth of the global undersea warfare systems market. The increased demand for undersea warfare systems in the U.S. is due to its high defense spending. Europe is another leading region for further enhancing  and deploying the undersea warfare systems. Some of the prominent countries in the European region include the U.K., Germany, France, and Russia. In addition, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period 2017-2021. Some of the prominent nations in Asia-Pacific region include China, Japan, India, and South Korea. The rising demand is result of growing conflicts among nations due to disagreements over the South China Sea across Asia-Pacific region. Furthermore, rest of the countries in Asia-Pacific region are  expected to display  the increasing growth rate in the global undersea warfare systems market. The Asia-Pacific region could provide a lot more opportunities to the new entrants in the market. The rest of the world includes Middle-East, Africa and Latin America: the region is estimated to have a significant growth rate for the global undersea warfare systems market during the forecast period 2017-2021.

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  • Atlas Elektronik Gmbh
  • BAE Systems plc.
  • Boeing
  • ECA Group
  • General Dynamics
  • Harris Corporation
  • Kongsberg Gruppen
  • Leonardo DRS
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Raytheon Inc.
  • S.A. de Electronica Submarina (SAES)
  • Saab
  • Thales Group
  • Ultra-Electronics
Note: Product cover images may vary from those shown
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