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The submarine market is forecasted to grow by USD 9.56 billion during 2023-2028, accelerating at a CAGR of 5.52% during the forecast period. The report on the submarine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by fleet replacement programs, advances in undersea warfare, and growing arms race among countries.
The submarine market is segmented as below:
By Type
- SSN
- SSBN
- SSK
By Application
- Military
- Commercial
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the submarine market covers the following areas:
- Submarine market sizing
- Submarine market forecast
- Submarine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global submarine market: Anschutz, ASC Pty Ltd., BAE Systems Plc, Daewoo Shipbuilding and Marine Engineering Co. Ltd., Fincantieri Spa, General Dynamics Corp., Hyundai Heavy Industries Co. Ltd., Kawasaki Heavy Industries Ltd., Lockheed Martin Corp., Mazagon Dock Shipbuilders Ltd., Mitsubishi Heavy Industries Ltd., NauticExpo, Naval Group, Navantia SA, Saab AB, Submarine Manufacturing and Products Ltd., The Boeing Co., thyssenkrupp AG, Triton Submarines LLC, and United Shipbuilding Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is multi-mission submarines."
According to the report, one of the major drivers for this market is the fleet replacement programs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anschutz
- ASC Pty Ltd.
- BAE Systems Plc
- Fincantieri Spa
- General Dynamics Corp.
- Hanwha Corp.
- Hyundai Heavy Industries Co. Ltd.
- Kawasaki Heavy Industries Ltd.
- Lockheed Martin Corp.
- Mazagon Dock Shipbuilders Ltd.
- Mitsubishi Heavy Industries Ltd.
- NauticExpo
- Naval Group
- Navantia SA
- Saab AB
- Submarine Manufacturing and Products Ltd.
- The Boeing Co.
- thyssenkrupp AG
- Triton Submarines LLC
- United Shipbuilding Corp.
