Quick Summary:
Dive into the depths of the burgeoning Submarine Sensors Market, predicted to touch US$370.1 Million by 2030, reflecting significant growth potential and investment opportunities. This comprehensive market research report immerses readers in the operating environment of this high-growth potential market, elucidating the dynamics that will shape the industry over the next eight years.
The report provides an in-depth analysis of the different segments within the submarine sensors market, including SSN-Nuclear Attack Submarine Sensors and SSK-Diesel Electric Submarine Sensors. It also presents a thorough evaluation of key geographical markets, such as the U.S., China, Canada, and Japan, along with Europe, putting a spotlight on market trends and anticipated growth rates. Moreover, the report profiles leading competitors such as Lockheed Martin Corporation, Harris Corporation, and Atlas Elektronik GmbH among others, offering a competitive landscape view for strategic decision-making. Enhance your perspective and empower your strategic planning with this indispensable asset.
Global Submarine Sensors Market to Reach $370.1 Million by 2030
The global market for Submarine Sensors estimated at US$275.3 Million in the year 2022, is projected to reach a revised size of US$370.1 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. SSN-Nuclear Attack Submarine Sensors, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$173 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the SSK-Diesel Electric Submarine Sensors segment is readjusted to a revised 3.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $74.6 Million, While China is Forecast to Grow at 6% CAGR
The Submarine Sensors market in the U.S. is estimated at US$74.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$75.5 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.Select Competitors (Total 48 Featured) -
- Atlas Elektronik GmbH
- DRS Technologies, Inc.
- Ducommun, Inc.
- Harris Corporation
- L3 KEO
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Safran Electronics & Defense
- Thales Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Submarine Sensors?
What is the growth rate of the Global Market for Submarine Sensors?
What is the forecasted size of the Global Market for Submarine Sensors?
Who are the key companies in the Global Market for Submarine Sensors?
| Report Attribute | Details |
|---|---|
| No. of Pages | 226 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 275.3 Million |
| Forecasted Market Value ( USD | $ 370.1 Million |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Atlas Elektronik GmbH
- DRS Technologies, Inc.
- Ducommun, Inc.
- Harris Corporation
- L3 KEO
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Safran Electronics & Defense
- Thales Group
