The global undersea warfare systems market is estimated to hit US$ 18.2 Bn by 2025.
Market Insights
The proliferation of threats in the undersea environment has created a paradigm shift towards the adoption of advanced undersea warfare systems. This paradigm shift has resulted in navies of various countries to harness the emerging technologies in order to maintain undersea warfare dominance. Today, undersea warfare systems are built using sophisticated technology suitable for critical communication, detection and attack. Undersea warfare systems facilitates commanders with unique tactical and operational options in contested waters, thereby allowing them to act aggressively. Moreover, these systems can be delivered from aircraft, surface ships, submarines or be self-deployed from a friendly port within range.
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The most prominent factor driving the undersea warfare systems market is growing tensions over maritime border disputes. These tensions are mostly due to conflicts pertaining to offshore resource ownerships and trade route claims. For instance, the recent South China Sea dispute witnessed severe escalation and tensions involving countries such as China, Japan, Indonesia, Brunei, Malaysia, the Philippines and Vietnam. Moreover, the Arctic sea region has remained in dispute over various reasons. The region is said to contain 25% of the world’s undiscovered oil and gas reserves valued at approximately $30 trillion. Russia, Denmark, the U.S. and Norway regard parts of the Arctic seas as their national waters. Another prominent factor driving the undersea warfare systems market is defense modernization initiatives being implemented across various countries such as the U.S., Germany, the U.K. and China. Defense agencies in developed countries are constantly in hunt to adopt the latest technologies in order to gain a competitive edge over other countries, thereby driving the undersea warfare systems market.
The undersea warfare systems market has witnessed rapid R&D activities in the recent past. New advancements in naval technology such as enhanced detection ranges of sonar, unmanned vehicles and maritime robots, undersea communications and stealth submarines among others have emerged in the past few years. The overall undersea warfare systems market, based on system type, is classified into detection systems, weapons, communication systems and counter measure systems. In 2016, the detection segment led the overall market, accounting for more than 45% of the global market value.
Key Trends
- Continuous R&D activities on the part of manufacturers
- Use of autonomous systems becoming more prevalent
- New developments in maritime technology such as undersea communications and network-centric warfare, enhanced detection ranges of sonar and several others
- Development of hi-speed and lightweight torpedoes
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ToC
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Undersea Warfare Systems Market
2.2 Global Undersea Warfare Systems Market, By System Type
2.3 Global Undersea Warfare Systems Market, By Geography
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Undersea Warfare Systems Market Value and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Undersea Warfare Systems Market Analysis, by System Type
4.1 Market Analysis
4.2 Detection Systems
4.3 Weapons
4.4 Communication Systems
4.5 Counter Measure Systems
Chapter 5 North America Undersea Warfare Systems Market Analysis
5.1 Overview
5.2 North America Undersea Warfare Systems Market Analysis, By System Type, 2015 – 2025
5.2.1 Market Analysis
5.3 North America Undersea Warfare Systems Market Analysis, By Region, 2015 – 2025
5.3.1 U.S.
5.3.1.1 U.S. Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
5.3.2 Rest of North America
5.3.2.1 Rest of North America Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
Chapter 6 Europe Undersea Warfare Systems Market Analysis
6.1 Overview
6.2 Europe Undersea Warfare Systems Market Analysis, By System Type, 2015 – 2025
6.2.1 Market Analysis
6.3 Europe Undersea Warfare Systems Market Analysis, By Region, 2015 – 2025
6.3.1 U.K.
6.3.1.1 U.K. Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
6.3.2 Germany
6.3.2.1 Germany Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
6.3.3 France
6.3.3.1 France Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
6.3.4 Russia
6.3.4.1 Russia Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
6.3.5 Rest of Europe
6.3.5.1 Rest of Europe Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
Chapter 7 Asia Pacific Undersea Warfare Systems Market Analysis
7.1 Overview
7.2 Asia Pacific Undersea Warfare Systems Market Analysis, By System Type, 2015 – 2025
7.2.1 Market Analysis
7.3 Asia Pacific Undersea Warfare Systems Market Analysis, By Region, 2015 – 2025
7.3.1 China
7.3.1.1 China Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
7.3.2 Japan
7.3.2.1 Japan Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
7.3.3 South Korea
7.3.3.1 South Korea Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
7.3.4 Rest of Asia Pacific
7.3.4.1 Rest of Asia Pacific Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
Chapter 8 Rest of the World (RoW) Undersea Warfare Systems Market Analysis
8.1 Overview
8.2 RoW Undersea Warfare Systems Market Analysis, By System Type, 2015 – 2025
8.2.1 Market Analysis
8.3 RoW Undersea Warfare Systems Market Analysis, By Region, 2015 – 2025
8.3.1 Middle East & Africa (MEA)
8.3.1.1 MEA Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
8.3.2 Latin America
8.3.2.1 Latin America Undersea Warfare Systems Market Value, by System Type, 2015 – 2025 (US$ Bn)
Chapter 9 Company Profiles
9.1 Northrup Grumman Corporation
9.2 Lockheed Martin Corporation
9.3 Boeing Co.
9.4 QinetiQ Limited
9.5 General Dynamics Corporation
9.6 Thales Group
9.7 Elbit Systems
9.8 BAE Systems Plc.
9.9 SAAB Group
9.10 Textron, Inc.
9.11 L3 Technologies, Inc.
9.12 MIKEL, Inc.
9.13 Ambalux Corp.
9.14 Neptune Sonar Ltd.
9.15 Harris Corporation
9.16 Safran SA
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