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Submarines Market
Overview:
As stated by the International Chamber of Shipping, the
international shipping industry is accountable for carrying around 90% of world
trade. Also, according to NASA, 2.4 billion of global
population, about 40% lodges within 100 km (60 miles) of an oceanic coast. Due to such topography, water bodies adjacent to lands have always
been a subject under protection and constant surveillance by the defense
sector of economies all over the globe. Consequently, naval capabilities around the globe has been
pacing up with greater defense budget year on year. As submarines are significant constituent of navy fleets,
authoritative in surveillance, counter-surveillance and combat, global submarines market size reached a staggering
$27.2 billion in 2018. Directly influenced by socio-political friction amongst countries, submarines market is estimated
to exhibit a CAGR of 3.24% during the forecast period 2019-2025. Apart from manufacturing vehicles, majority of the market players are also involved in evolving existing naval technologies of economies and add further impetus to the approach of combat. For example, Lockheed Martin Corp., is the combat system integrator
Submarines Market
Outlook:
North America is the
leading region in terms of global submarines market demand with a share of
36.84% in 2018. The U.S. is reassessing it naval fleet as a
reaction to China strengthening its naval forces. Both the parties involved in
trade war are tightening their shipment routes in terms of security deployment
as their economic interests are similar. As
the U.S. Navy is permitted to operate globally and change its presence as and
when required without any approval, the navy forces are often the forces to
respond first to any crisis. This has led to an enormous influx of federal budget allocated towards the navy,
augmenting the submarines market in North America. The FY 2019 budget for the U.S. Navy and
Marine Corps team is $194.1 billion, an upsurge of 7% ($12.6 billion) from FY 2018
budget. Hence with such monetary funding in the parent sector, the market for submarines in North America is bound to flourish. The submarine programs
include funding of $3.0 billion for Columbia class submarine and $7.2 billion
for two Block V Virginia class fast attack submarines specifically.
Submarines Market Growth
Drivers:
· Influx of investments into R&D by private vendors and maritime forces has propagated the development of nuclear-powered ships and submarines. This has determined the transition of submarines from sluggish submerged vessels to warships accomplished of sustaining 20-25 knots submerged for weeks on end. As nuclear power vessels can be in the sea without refueling for long periods of time, the market is growing further with developed nations opting for nuclear-powered submarines.
Submarines Market Recent Developments:
· General
Dynamics Corp’s subsidiary, Electric Boat, in March 2019 was awarded by the
U.S. Navy a contract modification of $2 billion for long lead time material for
main propulsion unit and ship service turbine generator efforts, steam and
electrical plant components, and miscellaneous hull, mechanical and electrical
system components. This revision fetches the overall contract value of
almost $3.2 billion originally offered in 2017.
· In 2018, Thales Group procured a contract of 3.5 years from the French defence procurement agency (DGA). Under this contract, Thales is to conduct a set of studies and undergo technological expansions for a sonar system to be armed on France’s future third-generation nuclear-powered ballistic missile submarine (SNLE 3G).
Submarines Market
Challenges:
Submarines Market
Companies:
Some of the key players present in the global submarines market are Navantia S.A, Kockums AB, JSC PO Sevmash, Lockheed Martin Corp., ASC Pty Ltd., FINCANTIERI SpA, DCNS, ThyssenKrupp Marine Systems AG, and General Dynamics Electric Boat Corp.
Submarines Market
Research Scope:
The base year of the
study is 2018, with forecast done up to 2025. The study presents a thorough
analysis of the competitive landscape, taking into account the market shares of
the leading companies. It also provides information on unit shipments. These
provide the key market participants with the necessary business intelligence
and help them understand the future of the submarines market. The assessment
includes the forecast, an overview of the competitive structure, the market
shares of the competitors, as well as the market trends, market demands, market
drivers, market challenges, and product analysis. The market drivers and
restraints have been assessed to fathom their impact over the forecast period.
This report further identifies the key opportunities for growth while also
detailing the key challenges and possible threats. The key areas of focus
include the various types of innovations in submarines market, and their
specific advantages to the market.
The Submarines Market
report also analyzes the major geographic regions for the market as well as the
major countries for the market in these regions. The regions and countries
covered in the study include:
•
North America: The U.S., Canada, Mexico
•
South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa
Rica
•
Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain,
Denmark
•
APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia
Table 1: Submarines Market Overview 2023-2030
Table 2: Submarines Market Leader Analysis 2023-2030 (US$)
Table 3: Submarines Market Product Analysis 2023-2030 (US$)
Table 4: Submarines Market End User Analysis 2023-2030 (US$)
Table 5: Submarines Market Patent Analysis 2013-2023* (US$)
Table 6: Submarines Market Financial Analysis 2023-2030 (US$)
Table 7: Submarines Market Driver Analysis 2023-2030 (US$)
Table 8: Submarines Market Challenges Analysis 2023-2030 (US$)
Table 9: Submarines Market Constraint Analysis 2023-2030 (US$)
Table 10: Submarines Market Supplier Bargaining Power Analysis 2023-2030 (US$)
Table 11: Submarines Market Buyer Bargaining Power Analysis 2023-2030 (US$)
Table 12: Submarines Market Threat of Substitutes Analysis 2023-2030 (US$)
Table 13: Submarines Market Threat of New Entrants Analysis 2023-2030 (US$)
Table 14: Submarines Market Degree of Competition Analysis 2023-2030 (US$)
Table 15: Submarines Market Value Chain Analysis 2023-2030 (US$)
Table 16: Submarines Market Pricing Analysis 2023-2030 (US$)
Table 17: Submarines Market Opportunities Analysis 2023-2030 (US$)
Table 18: Submarines Market Product Life Cycle Analysis 2023-2030 (US$)
Table 19: Submarines Market Supplier Analysis 2023-2030 (US$)
Table 20: Submarines Market Distributor Analysis 2023-2030 (US$)
Table 21: Submarines Market Trend Analysis 2023-2030 (US$)
Table 22: Submarines Market Size 2023 (US$)
Table 23: Submarines Market Forecast Analysis 2023-2030 (US$)
Table 24: Submarines Market Sales Forecast Analysis 2023-2030 (Units)
Table 25: Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 26: Submarines Market By Technology, Revenue & Volume, By Propulsion System, 2023-2030 ($)
Table 27: Submarines Market By Technology, Revenue & Volume, ByAir Independent Power System, 2023-2030 ($)
Table 28: Submarines Market By Technology, Revenue & Volume, By Sonar System, 2023-2030 ($)
Table 29: Submarines Market By Technology, Revenue & Volume, By Radar System, 2023-2030 ($)
Table 30: Submarines Market By Technology, Revenue & Volume, By Radar Absorbent Material, 2023-2030 ($)
Table 31: North America Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 32: South america Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 33: Europe Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 34: APAC Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 35: Middle East & Africa Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 36: Russia Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 37: Israel Submarines Market, Revenue & Volume, By Technology, 2023-2030 ($)
Table 38: Top Companies 2023 (US$)Submarines Market, Revenue & Volume
Table 39: Product Launch 2023-2030Submarines Market, Revenue & Volume
Table 40: Mergers & Acquistions 2023-2030Submarines Market, Revenue & Volume
List of Figures
Figure 1: Overview of Submarines Market 2023-2030
Figure 2: Market Share Analysis for Submarines Market 2023 (US$)
Figure 3: Product Comparison in Submarines Market 2023-2030 (US$)
Figure 4: End User Profile for Submarines Market 2023-2030 (US$)
Figure 5: Patent Application and Grant in Submarines Market 2013-2023* (US$)
Figure 6: Top 5 Companies Financial Analysis in Submarines Market 2023-2030 (US$)
Figure 7: Market Entry Strategy in Submarines Market 2023-2030
Figure 8: Ecosystem Analysis in Submarines Market 2023
Figure 9: Average Selling Price in Submarines Market 2023-2030
Figure 10: Top Opportunites in Submarines Market 2023-2030
Figure 11: Market Life Cycle Analysis in Submarines Market
Figure 12: GlobalBy TechnologySubmarines Market Revenue, 2023-2030 ($)
Figure 13: Global Submarines Market - By Geography
Figure 14: Global Submarines Market Value & Volume, By Geography, 2023-2030 ($)
Figure 15: Global Submarines Market CAGR, By Geography, 2023-2030 (%)
Figure 16: North America Submarines Market Value & Volume, 2023-2030 ($)
Figure 17: US Submarines Market Value & Volume, 2023-2030 ($)
Figure 18: US GDP and Population, 2023-2030 ($)
Figure 19: US GDP – Composition of 2023, By Sector of Origin
Figure 20: US Export and Import Value & Volume, 2023-2030 ($)
Figure 21: Canada Submarines Market Value & Volume, 2023-2030 ($)
Figure 22: Canada GDP and Population, 2023-2030 ($)
Figure 23: Canada GDP – Composition of 2023, By Sector of Origin
Figure 24: Canada Export and Import Value & Volume, 2023-2030 ($)
Figure 25: Mexico Submarines Market Value & Volume, 2023-2030 ($)
Figure 26: Mexico GDP and Population, 2023-2030 ($)
Figure 27: Mexico GDP – Composition of 2023, By Sector of Origin
Figure 28: Mexico Export and Import Value & Volume, 2023-2030 ($)
Figure 29: South America Submarines Market Value & Volume, 2023-2030 ($)
Figure 30: Brazil Submarines Market Value & Volume, 2023-2030 ($)
Figure 31: Brazil GDP and Population, 2023-2030 ($)
Figure 32: Brazil GDP – Composition of 2023, By Sector of Origin
Figure 33: Brazil Export and Import Value & Volume, 2023-2030 ($)
Figure 34: Venezuela Submarines Market Value & Volume, 2023-2030 ($)
Figure 35: Venezuela GDP and Population, 2023-2030 ($)
Figure 36: Venezuela GDP – Composition of 2023, By Sector of Origin
Figure 37: Venezuela Export and Import Value & Volume, 2023-2030 ($)
Figure 38: Argentina Submarines Market Value & Volume, 2023-2030 ($)
Figure 39: Argentina GDP and Population, 2023-2030 ($)
Figure 40: Argentina GDP – Composition of 2023, By Sector of Origin
Figure 41: Argentina Export and Import Value & Volume, 2023-2030 ($)
Figure 42: Ecuador Submarines Market Value & Volume, 2023-2030 ($)
Figure 43: Ecuador GDP and Population, 2023-2030 ($)
Figure 44: Ecuador GDP – Composition of 2023, By Sector of Origin
Figure 45: Ecuador Export and Import Value & Volume, 2023-2030 ($)
Figure 46: Peru Submarines Market Value & Volume, 2023-2030 ($)
Figure 47: Peru GDP and Population, 2023-2030 ($)
Figure 48: Peru GDP – Composition of 2023, By Sector of Origin
Figure 49: Peru Export and Import Value & Volume, 2023-2030 ($)
Figure 50: Colombia Submarines Market Value & Volume, 2023-2030 ($)
Figure 51: Colombia GDP and Population, 2023-2030 ($)
Figure 52: Colombia GDP – Composition of 2023, By Sector of Origin
Figure 53: Colombia Export and Import Value & Volume, 2023-2030 ($)
Figure 54: Costa Rica Submarines Market Value & Volume, 2023-2030 ($)
Figure 55: Costa Rica GDP and Population, 2023-2030 ($)
Figure 56: Costa Rica GDP – Composition of 2023, By Sector of Origin
Figure 57: Costa Rica Export and Import Value & Volume, 2023-2030 ($)
Figure 58: Europe Submarines Market Value & Volume, 2023-2030 ($)
Figure 59: U.K Submarines Market Value & Volume, 2023-2030 ($)
Figure 60: U.K GDP and Population, 2023-2030 ($)
Figure 61: U.K GDP – Composition of 2023, By Sector of Origin
Figure 62: U.K Export and Import Value & Volume, 2023-2030 ($)
Figure 63: Germany Submarines Market Value & Volume, 2023-2030 ($)
Figure 64: Germany GDP and Population, 2023-2030 ($)
Figure 65: Germany GDP – Composition of 2023, By Sector of Origin
Figure 66: Germany Export and Import Value & Volume, 2023-2030 ($)
Figure 67: Italy Submarines Market Value & Volume, 2023-2030 ($)
Figure 68: Italy GDP and Population, 2023-2030 ($)
Figure 69: Italy GDP – Composition of 2023, By Sector of Origin
Figure 70: Italy Export and Import Value & Volume, 2023-2030 ($)
Figure 71: France Submarines Market Value & Volume, 2023-2030 ($)
Figure 72: France GDP and Population, 2023-2030 ($)
Figure 73: France GDP – Composition of 2023, By Sector of Origin
Figure 74: France Export and Import Value & Volume, 2023-2030 ($)
Figure 75: Netherlands Submarines Market Value & Volume, 2023-2030 ($)
Figure 76: Netherlands GDP and Population, 2023-2030 ($)
Figure 77: Netherlands GDP – Composition of 2023, By Sector of Origin
Figure 78: Netherlands Export and Import Value & Volume, 2023-2030 ($)
Figure 79: Belgium Submarines Market Value & Volume, 2023-2030 ($)
Figure 80: Belgium GDP and Population, 2023-2030 ($)
Figure 81: Belgium GDP – Composition of 2023, By Sector of Origin
Figure 82: Belgium Export and Import Value & Volume, 2023-2030 ($)
Figure 83: Spain Submarines Market Value & Volume, 2023-2030 ($)
Figure 84: Spain GDP and Population, 2023-2030 ($)
Figure 85: Spain GDP – Composition of 2023, By Sector of Origin
Figure 86: Spain Export and Import Value & Volume, 2023-2030 ($)
Figure 87: Denmark Submarines Market Value & Volume, 2023-2030 ($)
Figure 88: Denmark GDP and Population, 2023-2030 ($)
Figure 89: Denmark GDP – Composition of 2023, By Sector of Origin
Figure 90: Denmark Export and Import Value & Volume, 2023-2030 ($)
Figure 91: APAC Submarines Market Value & Volume, 2023-2030 ($)
Figure 92: China Submarines Market Value & Volume, 2023-2030
Figure 93: China GDP and Population, 2023-2030 ($)
Figure 94: China GDP – Composition of 2023, By Sector of Origin
Figure 95: China Export and Import Value & Volume, 2023-2030 ($)Submarines Market China Export and Import Value & Volume, 2023-2030 ($)
Figure 96: Australia Submarines Market Value & Volume, 2023-2030 ($)
Figure 97: Australia GDP and Population, 2023-2030 ($)
Figure 98: Australia GDP – Composition of 2023, By Sector of Origin
Figure 99: Australia Export and Import Value & Volume, 2023-2030 ($)
Figure 100: South Korea Submarines Market Value & Volume, 2023-2030 ($)
Figure 101: South Korea GDP and Population, 2023-2030 ($)
Figure 102: South Korea GDP – Composition of 2023, By Sector of Origin
Figure 103: South Korea Export and Import Value & Volume, 2023-2030 ($)
Figure 104: India Submarines Market Value & Volume, 2023-2030 ($)
Figure 105: India GDP and Population, 2023-2030 ($)
Figure 106: India GDP – Composition of 2023, By Sector of Origin
Figure 107: India Export and Import Value & Volume, 2023-2030 ($)
Figure 108: Taiwan Submarines Market Value & Volume, 2023-2030 ($)
Figure 109: Taiwan GDP and Population, 2023-2030 ($)
Figure 110: Taiwan GDP – Composition of 2023, By Sector of Origin
Figure 111: Taiwan Export and Import Value & Volume, 2023-2030 ($)
Figure 112: Malaysia Submarines Market Value & Volume, 2023-2030 ($)
Figure 113: Malaysia GDP and Population, 2023-2030 ($)
Figure 114: Malaysia GDP – Composition of 2023, By Sector of Origin
Figure 115: Malaysia Export and Import Value & Volume, 2023-2030 ($)
Figure 116: Hong Kong Submarines Market Value & Volume, 2023-2030 ($)
Figure 117: Hong Kong GDP and Population, 2023-2030 ($)
Figure 118: Hong Kong GDP – Composition of 2023, By Sector of Origin
Figure 119: Hong Kong Export and Import Value & Volume, 2023-2030 ($)
Figure 120: Middle East & Africa Submarines Market Middle East & Africa 3D Printing Market Value & Volume, 2023-2030 ($)
Figure 121: Russia Submarines Market Value & Volume, 2023-2030 ($)
Figure 122: Russia GDP and Population, 2023-2030 ($)
Figure 123: Russia GDP – Composition of 2023, By Sector of Origin
Figure 124: Russia Export and Import Value & Volume, 2023-2030 ($)
Figure 125: Israel Submarines Market Value & Volume, 2023-2030 ($)
Figure 126: Israel GDP and Population, 2023-2030 ($)
Figure 127: Israel GDP – Composition of 2023, By Sector of Origin
Figure 128: Israel Export and Import Value & Volume, 2023-2030 ($)
Figure 129: Entropy Share, By Strategies, 2023-2030* (%)Submarines Market
Figure 130: Developments, 2023-2030*Submarines Market
Figure 131: Company 1 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 132: Company 1 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 133: Company 1 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 134: Company 2 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 135: Company 2 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 136: Company 2 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 137: Company 3 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 138: Company 3 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 139: Company 3 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 140: Company 4 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 141: Company 4 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 142: Company 4 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 143: Company 5 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 144: Company 5 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 145: Company 5 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 146: Company 6 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 147: Company 6 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 148: Company 6 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 149: Company 7 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 150: Company 7 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 151: Company 7 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 152: Company 8 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 153: Company 8 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 154: Company 8 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 155: Company 9 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 156: Company 9 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 157: Company 9 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 158: Company 10 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 159: Company 10 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 160: Company 10 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 161: Company 11 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 162: Company 11 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 163: Company 11 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 164: Company 12 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 165: Company 12 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 166: Company 12 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 167: Company 13 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 168: Company 13 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 169: Company 13 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 170: Company 14 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 171: Company 14 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 172: Company 14 Submarines Market Net Sales Share, By Geography, 2023 (%)
Figure 173: Company 15 Submarines Market Net Revenue, By Years, 2023-2030* ($)
Figure 174: Company 15 Submarines Market Net Revenue Share, By Business segments, 2023 (%)
Figure 175: Company 15 Submarines Market Net Sales Share, By Geography, 2023 (%)