PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1561743
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1561743
Global Submarine Combat Systems Market Size Study, by System (Electronic Support Measures, Armaments, Sensors), by Submarine (Ship Submersible Nuclear, Ship Submersible Ballistic Nuclear, Ship Submersible Hunter Killer) and Regional Forecasts 2024-2032
The global submarine combat systems market is projected to experience robust growth, with its size valued at approximately USD 7.4 billion in 2023 and expected to reach USD 13.9 billion by 2032, growing at a CAGR of around 6.93% from 2024 to 2032. Submarine combat systems are crucial technological systems used in naval warfare to enhance operational efficiency and strategic dominance. These systems incorporate advanced sensor technologies, artificial intelligence, and high-powered computing to track and guide weapons to eliminate enemy targets efficiently. Their role in providing transformative and reactive operational processes ensures a structured control hierarchy, vital for modern naval operations.
The increasing geopolitical tensions across various regions and the growing importance of submarines in maintaining strategic superiority are significant factors driving market growth. Nations are heavily investing in advanced submarine combat systems to protect their maritime borders and project power. The rapid pace of technological advancements, such as AI and machine learning, is further boosting the market by enhancing the operational effectiveness and survivability of submarines. These systems now include advanced sonar capabilities, automated combat controls, and sophisticated communication technologies.
Moreover, global naval modernization programs aimed at replacing aging fleets and upgrading capabilities are expected to provide a substantial boost to the submarine combat systems market. As nations prioritize the enhancement of their naval capabilities, the demand for new and upgraded combat systems is projected to rise steadily over the forecast period. The expanding defense budgets in emerging economies, particularly in Asia-Pacific and the Middle East, also present significant growth opportunities, as these regions invest in expanding their submarine fleets and equipping them with state-of-the-art combat systems.
However, the market faces challenges, including the high costs associated with the development and procurement of these advanced systems. Budget constraints, particularly in smaller or economically challenged nations, may limit the acquisition and upgrading of submarine combat systems, potentially stifling market growth.
In terms of regional analysis, North America is expected to maintain its dominant position in the submarine combat systems market, driven by the ongoing modernization and upgrading of aging submarines, coupled with geopolitical rivalries and technological advancements. The region's commitment to enhancing its naval capabilities continues to fuel demand for advanced submarine combat systems. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period 2024-2032
Major market players included in this report are:
- Lockheed Martin Corporation
- Raytheon Technologies
- Saab AB
- Thyssenkrupp Marine Systems
- Thales Group
- Northrop Grumman Corporation
- BAE Systems
- Atlas Elektronik GmbH
- General Dynamics Corporation
- Havelsan
The detailed segments and sub-segment of the market are explained below:
By System:
- Electronic Support Measures (ESM)
- Armaments
- Sensors
By Submarine:
- Ship Submersible Nuclear (SSN)
- Ship Submersible Ballistic Nuclear (SSBN)
- Ship Submersible Hunter Killer (SSK)
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Submarine Combat Systems Market Executive Summary
- 1.1. Global Submarine Combat Systems Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By System
- 1.3.2. By Submarine
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Submarine Combat Systems Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Submarine Combat Systems Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increased Geopolitical Tensions
- 3.1.2. Technological Advancements
- 3.1.3. Naval Modernization Programs
- 3.2. Market Challenges
- 3.2.1. High Costs and Budget Constraints
- 3.3. Market Opportunities
- 3.3.1. Emerging Markets
- 3.3.2. Increased Focus on Underwater Warfare
Chapter 4. Global Submarine Combat Systems Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Submarine Combat Systems Market Size & Forecasts by System (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Submarine Combat Systems Market: System Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Electronic Support Measures (ESM)
- 5.2.2. Armaments
- 5.2.3. Sensors
Chapter 6. Global Submarine Combat Systems Market Size & Forecasts by Submarine (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Global Submarine Combat Systems Market: Submarine Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Ship Submersible Nuclear (SSN)
- 6.2.2. Ship Submersible Ballistic Nuclear (SSBN)
- 6.2.3. Ship Submersible Hunter Killer (SSK)
Chapter 7. Global Submarine Combat Systems Market Size & Forecasts by Region (2022-2032)
- 7.1. North America Submarine Combat Systems Market
- 7.1.1. U.S. Submarine Combat Systems Market
- 7.1.1.1. System breakdown size & forecasts, 2022-2032
- 7.1.1.2. Submarine breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Submarine Combat Systems Market
- 7.1.1. U.S. Submarine Combat Systems Market
- 7.2. Europe Submarine Combat Systems Market
- 7.2.1. U.K. Submarine Combat Systems Market
- 7.2.2. Germany Submarine Combat Systems Market
- 7.2.3. France Submarine Combat Systems Market
- 7.2.4. Spain Submarine Combat Systems Market
- 7.2.5. Italy Submarine Combat Systems Market
- 7.2.6. Rest of Europe Submarine Combat Systems Market
- 7.3. Asia-Pacific Submarine Combat Systems Market
- 7.3.1. China Submarine Combat Systems Market
- 7.3.2. India Submarine Combat Systems Market
- 7.3.3. Japan Submarine Combat Systems Market
- 7.3.4. Australia Submarine Combat Systems Market
- 7.3.5. South Korea Submarine Combat Systems Market
- 7.3.6. Rest of Asia Pacific Submarine Combat Systems Market
- 7.4. Latin America Submarine Combat Systems Market
- 7.4.1. Brazil Submarine Combat Systems Market
- 7.4.2. Mexico Submarine Combat Systems Market
- 7.4.3. Rest of Latin America Submarine Combat Systems Market
- 7.5. Middle East & Africa Submarine Combat Systems Market
- 7.5.1. Saudi Arabia Submarine Combat Systems Market
- 7.5.2. South Africa Submarine Combat Systems Market
- 7.5.3. Rest of Middle East & Africa Submarine Combat Systems Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Lockheed Martin Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Raytheon Technologies
- 8.3.3. Saab AB
- 8.3.4. Thyssenkrupp Marine Systems
- 8.3.5. Thales Group
- 8.3.6. Northrop Grumman Corporation
- 8.3.7. BAE Systems
- 8.3.8. Atlas Elektronik GmbH
- 8.3.9. General Dynamics Corporation
- 8.3.10. Havelsan
- 8.3.1. Lockheed Martin Corporation
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
