The global undersea warfare systems market size is expected to reach USD 23.62 billion by 2030, according to a new study. The report “Undersea Warfare Systems Market Share, Size, Trends, Industry Analysis Report, By Application (Combat, C4ISR, and Others); By Mode of Operation; By End-Use; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into the current market dynamics and provides analysis on future market growth.
Governments have focused on increasing the integration of under-sea weapons to defend the growing territorial in-stabilities, contributing significantly to market growth. Furthermore, manufacturers are introducing heavy-weight torpedoes capable of tracking & destroying underwater targets, thereby boosting growth. Counter and anti-access area denial are becoming an active part of essential navies’ global naval strategies, and undersea warfare is expected to regain importance.
Operational stealth is increasingly vital as countries build maritime surveillance systems. For example, The Indian Navy commissioned its fourth stealth submarine, Scorpen, in November 2021 as part of its dedicated ‘Project 75’. As a result, an increase in demand for modern stealth submarines is forecast to fuel global market.
Shortages of components and electronic systems have resulted from regulations governing the import and export of goods, resulting in delayed manufacturing. Material shortages caused by manufacturing shutdowns in China, South Korea, and Taiwan hampered the development of naval warfare even more. However, following the pandemic, there has been an increase in the sophistication of underwater warfare systems. With the relaxation of lockdown measures and vaccination campaigns and the resulting opening of markets worldwide, demand for undersea warfare systems is expected to rise significantly soon.
Governments have focused on increasing the integration of under-sea weapons to defend the growing territorial in-stabilities, contributing significantly to market growth. Furthermore, manufacturers are introducing heavy-weight torpedoes capable of tracking & destroying underwater targets, thereby boosting growth. Counter and anti-access area denial are becoming an active part of essential navies’ global naval strategies, and undersea warfare is expected to regain importance.
Operational stealth is increasingly vital as countries build maritime surveillance systems. For example, The Indian Navy commissioned its fourth stealth submarine, Scorpen, in November 2021 as part of its dedicated ‘Project 75’. As a result, an increase in demand for modern stealth submarines is forecast to fuel global market.
Shortages of components and electronic systems have resulted from regulations governing the import and export of goods, resulting in delayed manufacturing. Material shortages caused by manufacturing shutdowns in China, South Korea, and Taiwan hampered the development of naval warfare even more. However, following the pandemic, there has been an increase in the sophistication of underwater warfare systems. With the relaxation of lockdown measures and vaccination campaigns and the resulting opening of markets worldwide, demand for undersea warfare systems is expected to rise significantly soon.
Undersea Warfare Systems Market Report Highlights
- Combat sub-segment by component is anticipated to grow at a high CAGR. The widespread use of advanced naval combat systems for detecting, tracking, and neutralizing modern threats.
- Remotely operations segment is expected to rise significantly. Underwater ROVs can be deployed quickly due to their compact design & simple technology. This is extremely useful in emergencies where time is of the essence and in areas that are too slender or difficult for divers to reach out
- North America is expected to experience significant growth over the forecast period. This is primarily due to rising security concerns and government & army organizations investing heavily in developing advanced undersea weapons.
- Key players include BAE Systems, General Dynamics, Boeing Company, Kongsberg Gruppen, Ultra Electronics, L3Harris Technologies, Lockheed Martin, DRS Technologies, ECA Group, S.A. de Electronica Submarina, Atlas Elektronik, Northrop Grumman Corporation, Saab AB, and Thales Group.
The publisher has segmented the undersea warfare systems market report based on application, mode of operation, end-use, and region:
Undersea Warfare Systems, Application Outlook (Revenue - USD Billion, 2018 - 2030)
- Combat
- C4ISR
- command
- control
- communications
- computers
- intelligence
- surveillance
- reconnaissance
- Others
Undersea Warfare Systems, Mode of Operation Outlook (Revenue - USD Billion, 2018 - 2030)
- Manned Operations
- Autonomous Operations
- Remotely Operations
Undersea Warfare Systems, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
- Naval
- Airborne
- Land-based
Undersea Warfare Systems, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Frequently Asked Questions about the Undersea Warfare Systems Market
What is the estimated value of the Undersea Warfare Systems Market?
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| Report Attribute | Details |
|---|---|
| No. of Pages | 118 |
| Published | December 2022 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD
| USD 16.22 billion |
| Forecasted Market Value ( USD
| USD 23.62 billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
Table of Contents
1. Introduction1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Undersea Warfare Systems Market Insights
4.1. Undersea Warfare Systems - Industry Snapshot
4.2. Undersea Warfare Systems Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Advanced battery and fuel cell technology
4.2.1.2. Growing number of defense expenditures
4.2.2. Restraints and Challenges
4.2.2.1. High cost
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Undersea Warfare Systems Market Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Undersea Warfare Systems Market, by Application
5.1. Key Findings
5.2. Introduction
5.2.1. Global Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
5.3. Combat
5.3.1. Global Undersea Warfare Systems Market, by Combat, by Region, 2018 - 2030 (USD Billion)
5.4. C4ISR
5.4.1. Global Undersea Warfare Systems Market, by C4ISR, by Region, 2018 - 2030 (USD Billion)
5.4.2. command
5.4.2.1. Global Undersea Warfare Systems Market, by command, by Region, 2018 - 2030 (USD Billion)
5.4.3. control
5.4.3.1. Global Undersea Warfare Systems Market, by control, by Region, 2018 - 2030 (USD Billion)
5.4.4. communications
5.4.4.1. Global Undersea Warfare Systems Market, by communications, by Region, 2018 - 2030 (USD Billion)
5.4.5. computers
5.4.5.1. Global Undersea Warfare Systems Market, by computers, by Region, 2018 - 2030 (USD Billion)
5.4.6. intelligence
5.4.6.1. Global Undersea Warfare Systems Market, by intelligence, by Region, 2018 - 2030 (USD Billion)
5.4.7. surveillance
5.4.7.1. Global Undersea Warfare Systems Market, by surveillance, by Region, 2018 - 2030 (USD Billion)
5.4.8. reconnaissance
5.4.8.1. Global Undersea Warfare Systems Market, by reconnaissance, by Region, 2018 - 2030 (USD Billion)
5.5. Others
5.5.1. Global Other Undersea Warfare Systems Market, by Region, 2018 - 2030 (USD Billion)
6. Global Undersea Warfare Systems Market, by Mode of Operation
6.1. Key Findings
6.2. Introduction
6.2.1. Global Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
6.3. Manned Operations
6.3.1. Global Undersea Warfare Systems Market, by Manned Operations, by Region, 2018 - 2030 (USD Billion)
6.4. Autonomous Operations
6.4.1. Global Undersea Warfare Systems Market, by Autonomous Operations, by Region, 2018 - 2030 (USD Billion)
6.5. Remotely Operations
6.5.1. Global Undersea Warfare Systems Market, by Remotely Operations, by Region, 2018 - 2030 (USD Billion)
7. Global Undersea Warfare Systems Market, by End-Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
7.3. Naval
7.3.1. Global Undersea Warfare Systems Market, by Naval, by Region, 2018 - 2030 (USD Billion)
7.4. Airborne
7.4.1. Global Undersea Warfare Systems Market, by Airborne, by Region, 2018 - 2030 (USD Billion)
7.5. Land-based
7.5.1. Global Undersea Warfare Systems Market, by Land-based, by Region, 2018 - 2030 (USD Billion)
8. Global Undersea Warfare Systems Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Undersea Warfare Systems Market Assessment, By Geography, 2018 - 2030 (USD Billion)
8.3. Undersea Warfare Systems Market - North America
8.3.1. North America: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.3.2. North America: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.3.3. North America: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.3.4. Undersea Warfare Systems Market - U.S.
8.3.4.1. U.S.: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.3.4.2. U.S.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.3.4.3. U.S.: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.3.5. Undersea Warfare Systems Market - Canada
8.3.5.1. Canada: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.3.5.2. Canada.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.3.5.3. Canada: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4. Undersea Warfare Systems Market - Europe
8.4.1. Europe: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.2. Europe.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.3. Europe: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.4. Undersea Warfare Systems Market - UK
8.4.4.1. UK: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.4.2. UK.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.4.3. UK: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.5. Undersea Warfare Systems Market - France
8.4.5.1. France: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.5.2. France.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.5.3. France: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.6. Undersea Warfare Systems Market - Germany
8.4.6.1. Germany: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.6.2. Germany.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.6.3. Germany: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.7. Undersea Warfare Systems Market - Italy
8.4.7.1. Italy: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.7.2. Italy.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.7.3. Italy: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.8. Undersea Warfare Systems Market - Spain
8.4.8.1. Spain: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.8.2. Spain.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.8.3. Spain: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.9. Undersea Warfare Systems Market - Netherlands
8.4.9.1. Netherlands: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.9.2. Netherlands.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.9.3. Netherlands: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.4.10. Undersea Warfare Systems Market - Russia
8.4.10.1. Russia: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.4.10.2. Russia.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.4.10.3. Russia: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5. Undersea Warfare Systems Market - Asia Pacific
8.5.1. Asia Pacific: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.2. Asia Pacific.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.3. Asia Pacific: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5.4. Undersea Warfare Systems Market - China
8.5.4.1. China: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.4.2. China.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.4.3. China: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5.5. Undersea Warfare Systems Market - India
8.5.5.1. India: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.5.2. India.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.5.3. India: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5.6. Undersea Warfare Systems Market - Malaysia
8.5.6.1. Malaysia: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.6.2. Malaysia.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.6.3. Malaysia: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5.7. Undersea Warfare Systems Market - Japan
8.5.7.1. Japan: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.7.2. Japan.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.7.3. Japan: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5.8. Undersea Warfare Systems Market - Indonesia
8.5.8.1. Indonesia: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.8.2. Indonesia.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.8.3. Indonesia: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.5.9. Undersea Warfare Systems Market - South Korea
8.5.9.1. South Korea: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.5.9.2. South Korea.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.5.9.3. South Korea: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.6. Undersea Warfare Systems Market - Middle East & Africa
8.6.1. Middle East & Africa: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.6.2. Middle East & Africa.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.6.3. Middle East & Africa: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.6.4. Undersea Warfare Systems Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.6.4.2. Saudi Arabia.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.6.4.3. Saudi Arabia: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.6.5. Undersea Warfare Systems Market - UAE
8.6.5.1. UAE: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.6.5.2. UAE.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.6.5.3. UAE: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.6.6. Undersea Warfare Systems Market - Israel
8.6.6.1. Israel: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.6.6.2. Israel.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.6.6.3. Israel: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.6.7. Undersea Warfare Systems Market - South Africa
8.6.7.1. South Africa: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.6.7.2. South Africa.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.6.7.3. South Africa: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.7. Undersea Warfare Systems Market - Latin America
8.7.1. Latin America: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.7.2. Latin America.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.7.3. Latin America: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.7.4. Undersea Warfare Systems Market - Mexico
8.7.4.1. Mexico: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.7.4.2. Mexico.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.7.4.3. Mexico: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.7.5. Undersea Warfare Systems Market - Brazil
8.7.5.1. Brazil: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.7.5.2. Brazil.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.7.5.3. Brazil: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
8.7.6. Undersea Warfare Systems Market - Argentina
8.7.6.1. Argentina: Undersea Warfare Systems Market, by Application, 2018 - 2030 (USD Billion)
8.7.6.2. Argentina.: Undersea Warfare Systems Market, by End-Use, 2018 - 2030 (USD Billion)
8.7.6.3. Argentina: Undersea Warfare Systems Market, by Mode of Operation, 2018 - 2030 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. BAE Systems
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Ultra Electronics
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. General Dynamics
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Kongsberg Gruppen
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. L3Harris Technologies
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Boeing Company
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Lockheed Martin
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. DRS Technologies
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. General Dynamics
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Kongsberg Gruppen
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. S.A. de Electronica Submarina
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Atlas Elektronik
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Harris Corporation
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Northrop Grumman
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. ECA Group
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. Raytheon Technologies
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
10.17. SAAB
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Product Benchmarking
10.17.4. Recent Development
10.18. Thales Group
10.18.1. Company Overview
10.18.2. Financial Performance
10.18.3. Product Benchmarking
10.18.4. Recent Development
Companies Mentioned
- BAE Systems Plc
- General Dynamics Corporation
- Kongsberg Gruppen
- L3Harris Technologies Inc.
- Boeing Company
- Leonardo S.p.A.
- Lockheed Martin Corporation
- DRS Technologies Inc.
- ECA Group
- General Dynamics Corporation
- Kongsberg Gruppen
- Lockheed Martin Corporation
- Ultra Electronics Corporation
- S.A. de Electronica Submarina (SAES)
- Atlas Elektronik GmbH
- Harris Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Saab AB
- Thales Group and others.
