PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460134
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460134
Anti-Submarine Rocket Launch System (ASRLS) Market Size - By Product (Fixed, Portable), Range (Short-Range, Medium-Range, Long-Range), Platform (Surface Ships, Submarines, Aircraft), Guidance System (Guided ASRLS, Unguided ASRLS) & Forecast, 2024 - 2032
Anti-Submarine Rocket Launch System (ASRLS) Market size is poised to expand at over 10% CAGR between 2024 and 2032, due to an increasing number of global naval modernization programs.
Multiple naval bodies worldwide are upgrading their fleets with advanced anti-submarine warfare (ASW) capabilities to counter the evolving underwater threats. ASRLS plays a pivotal role in these modernization efforts for offering swift and effective engagement of submarines. Countries, such as the U.S., China, Russia, and India are investing significantly in ASRLS to bolster their anti-submarine warfare (ASW) capabilities to provide naval vessels with the ability to detect, track, and neutralize submarines for enhancing maritime security, further contributing to their increasing adoption.
The ASRLS industry is segmented into product, range, platform, guidance system, and region.
Based on product, the market size from the portable segment is projected to record substantial growth from 2024-2032 due to the flexibility and rapid deployment for ASW operations offered in diverse maritime environments. These compact and lightweight systems can be easily carried and operated from smaller vessels, such as patrol boats, corvettes, and unmanned surface vessels (USVs). Several naval bodies are seeking versatile ASW solutions to counter evolving submarine threats, further surging the demand for portable anti-submarine rocket launch systems and propelling the segment growth.
In terms of platform, the anti-submarine rocket launch system market from the aircraft platform segment is anticipated to witness high demand between 2024 and 2032. These systems are integral to maritime patrol aircraft and helicopters as they provide the capability to detect and engage submarines from the air. With increasing maritime threats and the need to secure naval operations, demand for effective anti-submarine warfare solutions is rising. Furthermore, several naval organizations worldwide are modernizing their fleet and focusing on maritime security, fueling the segment growth.
Given the regional landscape, the Asia Pacific ASRLS industry generated considerable revenue in 2023 and is set to exhibit robust growth during 2024-2032. With increasing geopolitical tensions and maritime security concerns, countries in APAC are bolstering their naval capabilities, such as in ASW systems. For instance, in December 2022, the L&T Shipbuilding company in India launched the first vessel of the new category of anti-submarine warfare shallow watercraft (ASW SWC) for the Indian Navy. Major APAC countries including China, India, Japan, South Korea, and Australia are also investing in modernizing their naval fleets, subsequently amplifying the demand for advanced anti-submarine rocket launch systems in the region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360-degree synopsis, 2018-2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier Landscape
- 3.2.1 Component suppliers
- 3.2.2 Raw material suppliers
- 3.2.3 Manufacturers
- 3.2.4 Technology providers
- 3.2.5 Integrators & service providers
- 3.2.6 End-users
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Growing focus of governments on modernization of naval fleets
- 3.8.1.2 Rising geopolitical tensions
- 3.8.1.3 Growing maritime security concerns
- 3.8.1.4 Increasing technological advancements
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 High development and acquisition costs
- 3.8.2.2 Stringent export control regulations
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product, 2018-2032 ($Bn)
- 5.1 Key trends
- 5.2 Fixed
- 5.3 Portable
Chapter 6 Market Estimates & Forecast, By Range, 2018-2032 ($Bn)
- 6.1 Key trends
- 6.2. Short-range (Below 10 Km)
- 6.3. Medium-range (10-20 Km)
- 6.4. Long-range (Above 20 Km)
Chapter 7 Market Estimates & Forecast, By Platform, 2018-2032 ($Bn)
- 7.1 Key trends
- 7.2 Surface ships
- 7.3 Submarines
- 7.4 Aircraft
Chapter 8 Market Estimates & Forecast, By Guidance System, 2018-2032 ($Bn)
- 8.1 Key trends
- 8.2 Guided ASRLS
- 8.3 Unguided ASRLS
Chapter 9 Market Estimates & Forecast, By Region, 2018-2032 ($Bn)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.3.7 Nordics
- 9.3.8 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 Atlas Elektronik GmbH
- 10.2 Babcock International Group plc
- 10.3 BAE Systems plc
- 10.4 Bharat Electronics Limited (BEL)
- 10.5 DSME (Daewoo Shipbuilding & Marine Engineering)
- 10.6 General Dynamics Corporation
- 10.7 Huntington Ingalls Industries, Inc.
- 10.8 Israel Aerospace Industries Ltd. (IAI)
- 10.9 Kongsberg Gruppen ASA
- 10.10 L3Harris Technologies, Inc.
- 10.11 Leonardo S.p.A.
- 10.12 Lockheed Martin Corporation
- 10.13 MBDA
- 10.14 Mitsubishi Heavy Industries, Ltd.
- 10.15 Naval Group
- 10.16 Northrop Grumman Corporation
- 10.17 Rafael Advanced Defense Systems Ltd.
- 10.18 RTX Corporation
- 10.19 Saab AB
- 10.20 Thales Group
