The Global Submarine Market 2016–2026

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During the forecast period, the demand for military submarines is expected to be driven by the need to replace aging submarines, and disputes over maritime borders and trade routes. In addition to a nuclear deterrent role, submarines play more crucial roles such as surveillance and reconnaissance, intelligence gathering, and patrolling and securing maritime borders and trade routes. The growing importance of submarines in these roles is driving the demand for submarines and related MRO services in countries with substantial maritime borders, by compelling them to invest heavily in procurement, mid-life upgrades, and MRO submarine programs.

Scope

• The global submarine market is worth US$22.8 billion in 2016, and is expected to increase to US$36.3 billion by 2026, at a CAGR of 4.74% during the forecast period

• The market is expected to be dominated by North America, occupying 37% of market share, followed by Asia Pacific and Europe, with shares of 32% and 24% respectively. The Middle East, Latin America, and Africa are expected to account for the remaining 7% of the overall submarine market

• The SSN segment is estimated to account for 38.3% of the global submarine market. SSK and SSBN segments are also expected to account for a significant portion of the total submarine market during the forecast period, with shares of 35.3% and 26.4% respectively

• Global spending on submarine MROs is projected to increase from US$2.8 billion in 2016 to US$3.3 billion in 2026, registering a CAGR of 1.67% during the forecast period

Reasons to Buy

Determine prospective investment areas based on a detailed trend analysis of the global Submarines market over the next ten years

Gain in-depth understanding about the underlying factors driving demand for different Submarine segments in the top spending countries across the world and identify the opportunities offered by each of them

Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others

Identify the major channels that are driving the global Submarine market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

Channelize resources by focusing on the ongoing programs that are being undertaken by the internal ministries of different countries within the Submarine market

Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Submarine service providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

BAE Systems Plc
DCNS
Navantia S.A.
Fincantieri SpA
Saab Kockums
Mazagon Dock
Daewoo Shipbuilding & Marine Engineering Co.
Ltd (DSME)
PO Sevmash
ThyssenKrupp Marine Systems (TKMS)
Huntington Ingalls Industries (HII)
Admiralty Shipyard
General Dynamics Electric Boat Corp
ASC Pty Ltd

Table of Contents

Executive Summary

Global Submarine and MRO Market – Overview

Market Dynamics

• Demand Drivers: Analysis of factors that trigger spending within the sector

• Trends: Prevalent practices, industry consolidation and procurement patterns within the market

• Technological Developments : New products, processes and innovations recently inducted within the sector

• Key Challenges: Obstacles affecting sector growth

Submarines and MRO Market – Segment Analysis

• Segment Analysis: SSN

• Market size and CAGR growth analysis, 2016-2026

• Change in market share, 2016-2026

• Segment Analysis: SSK

• Market size and CAGR growth analysis, 2016-2026

• Change in market share, 2016-2026

• Segment Analysis: SSBN

• Market size and CAGR growth analysis, 2016-2026

• Change in market share, 2016-2026

Regional Review

• Defense capital expenditure

• Capex forecast, 2016- 2026

• Factors influencing military modernization programs

Submarines and MRO Market – Regional Analysis

• Regional overview

• Factors driving spending within the region

• Regional expenditure on each sub-segment , 2016-2026

• Market Size and CAGR growth analysis, 2016-2026

• Change in market share, 2016-2026

Trend Analysis – Key Defense Markets

• Country –wise breakdown of expenditure for each region

• Sub-segment wise analysis for each country

• Major Programs for each country

• Market Size and CAGR growth analysis, 2016-2026

• Change in market share, 2016-2026

Key Programs Analysis

• Description of key programs

• Delivery period, units and total expenditure

Competitive Landscape Analysis

• Competitive analysis – 13 leading companies

• Major Products and Services

• Major Alliances and Recent Contracts

• Financial Analysis covering Revenue, Operating Profit and Net Profit

Table

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Figures

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Frequently asked questions

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