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Airborne Detection Systems for Submarines Market, by Type, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2016 - 2023

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  • 91 Pages
  • April 2018
  • Region: Global
  • Prescient & Strategic Intelligence Private Limited
  • ID: 4600414
The global airborne detection systems for submarines market is projected to reach $930.9 million by 2023.

The market growth is primarily driven by increasing defense budget coupled with the growing number of conflicts among countries sharing sea borders. Countries, across the globe, are focusing on their defense programs and increasing their defense budget for the procurement of warfare equipment. They are taking such MEA sures to strengthen their defense capabilities and protect themselves from any kind of enemy attack, including underwater threats and warfare activities. Thus, increase in defense spending is resulting in the growing demand for advanced airborne detection systems for submarines.

Insights on market segments

On the basis of type, the airborne detection systems for submarines market has been categorized into sonobuoys, dipping sonars, radars, magnetic anomaly detection (MAD) systems.Sonobuoys are estimated to hold the largest share, of 40.0%, in the market in 2017 and are expected to continue dominating the market during the forecast period as well. Advantages of sonobuoys, such as lower cost and quicker deployment, over other airborne detection systems for submarines have contributed to their market growth.

Development of advanced airborne detection systems is a key growth opportunity for the players in the market

Research and development activities are paving the way for innovative technologies that can detect submarines through airborne platforms. Airborne platforms, such as helicopters and fixed-wing aircraft, are equipped with detection systems or sensors for tracking submarines. MAD system is one such recent advancement in the airborne detection systems for submarines market. It is a highly sensitive magnetometer that detects submarines by tracking changes in the Earth’s magnetic field caused by submarines.

Various players in the airborne detection systems for submarines market are working toward the development of advanced MAD sensor technology for detecting submarines through airborne platforms. For instance, CAE Inc. is one of the leading manufacturers that design, develop, and integrate digital MAD systems. Magnetic anomaly detection-extended role (MAD-XR) is the latest MAD system developed by the company. MAD-XR systems are lightweight, small in size, and require less power, which make them suitable for smaller platforms, such as unmanned aerial systems, helicopters, and small fixed-wing aircraft. Hence, technological advancements can be viewed as a key growth opportunity for the players operating in the industry.

North America stands as the largest market for airborne detection systems for submarines

Globally, North America is estimated to hold the largest share in the airborne detection systems for submarines market in 2017, with the U.S. contributing a significant share to the market. This can be attributed to the fact that some of major manufacturers of airborne detection systems MEA nt for submarines are based in the North American region. With the growing focus of countries, across the world, on anti-submarine warfare (ASW) capabilities, North American countries, such as the U.S. and Canada, too are increasingly working toward enhancing their defense competency with the development and adoption of advanced detection solutions, such as airborne detection systems for submarines.

Besides, several major manufacturers in the airborne detection systems for submarines market are based in North America. Some of them are L-3 Communications Holdings Inc., General Dynamics Corporation, and Lockheed Martin Corporation.

Competitive Landscape

Companies in the airborne detection systems for submarines market are taking strategic MEA sures to gain more share in the market. These strategic moves include mergers and acquisitions, business expansions, and partnerships. Ultra Electronics Holdings plc is one of the largest manufacturers in the world that supply airborne detection systems for submarines to the U.S. Department of Defense (DoD) and its allies.

Some of the other major players operating in the global airborne detection systems for submarines industry are L3 Ocean systems, ATLAS ELEKTRONIK GmbH, BAE Systems plc, Saab AB, Raytheon Company, Thales Group, Northrop Grumman Corporation, Lockheed Martin Corporation, Kongsberg Gruppen ASA, and General Dynamics Corporation.

Table of Contents

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation By Type
1.3.2 Market Segmentation By Geography
1.3.3 Analysis Period
1.3.4 Market Data Reporting Unit Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown Of Primary Research Respondents By Region By Industry Participant By Company Type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions For The Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition Of Market Segments
4.1.1 By Type Sonobuoys Dipping Sonars Radars Mad Systems
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers Rising Underwater Threats Growing Defense Budgets Impact Analysis Of Drivers On Market Forecast
4.3.2 Restraints Development Of Advanced Technologies That Help Prevent Detection Of Submarines Underwater Environmental Threats Due To Sonars Impact Analysis Of Restraints On Market Forecast
4.3.3 Opportunities Submarine Modernization Programs Development Of Advanced Airborne Detection Systems
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power Of Buyers
4.4.2 Bargaining Power Of Suppliers
4.4.3 Intensity Of Rivalry
4.4.4 Threat Of New Entrants
4.4.5 Threat Of Substitutes
Chapter 5. Global Market Size And Forecast
5.1 By Type
5.2 By Region
Chapter 6. North America Market Size And Forecast
6.1 By Type
6.2 By Country
Chapter 7. Europe Market Size And Forecast
7.1 By Type
7.2 By Country
Chapter 8. APAC Market Size And Forecast
8.1 By Type
8.2 By Country
Chapter 9. ROW Market Size And Forecast
9.1 By Type
9.2 By Region
Chapter 10. Competitive Landscape
10.1 Market Share Analysis Of Key Players
10.2 Strategic Developments Of Key Players
10.2.1 Mergers And Acquisitions
10.2.2 Partnerships, Joint Ventures, And Contracts
10.2.3 Others
Chapter 11. Company Profiles
11.1 Atlas Elektronik Gmbh
11.1.1 Business Overview
11.1.2 Product And Service Offerings
11.2 Bae Systems Plc
11.2.1 Business Overview
11.2.2 Product And Service Offerings
11.3 General Dynamics Corporation
11.3.1 Business Overview
11.3.2 Product And Service Offerings
11.4 Kongsberg Gruppen Asa
11.4.1 Business Overview
11.4.2 Product And Service Offerings
11.5 Lockheed Martin Corporation
11.5.1 Business Overview
11.5.2 Product And Service Offerings
11.6 Northrop Grumman Corporation
11.6.1 Business Overview
11.6.2 Product And Service Offerings
11.7 Raytheon Company
11.7.1 Business Overview
11.7.2 Product And Service Offerings
11.8 Saab Ab
11.8.1 Business Overview
11.8.2 Product And Service Offerings
11.9 Thales Group
11.9.1 Business Overview
11.9.2 Product And Service Offerings
11.10 Ultra Electronics Holdings Plc
11.10.1 Business Overview
11.10.2 Product And Service Offerings
Chapter 12. Appendix
12.1 Abbreviations
12.2 Sources And References

Companies Mentioned

  • Thales Group

  • Ultra Electronics Holdings plc

  • L3 Ocean systems

  • Atlas Elektronik GmbH

  • BAE Systems

  • Saab AB

  • Raytheon Company

  • Northrop Grumman Corporation

  • Lockheed Martin Corporation

  • Kongsberg Gruppen ASA

  • General Dynamics Corporation.