Submarines - Market and Technology Forecast to 2031

Description

The return of great power politics is putting submarines in the spotlight once again. With the world drifting towards a Cold War redux, due to the Chinese assertiveness in the APAC region, the Russian aggressiveness in Ukraine and the High North, the submarines remain a credible deterrence, strike and ISR platform.

Moreover, the fact that around a third of the Earth's population lives near the coastline, as well as the fact that several of a state's infrastructure (harbours, telecommunication and internet cables) are in the littoral or passing from the bottom of the sea to connect continents and countries, in addition to natural resources, make the protection of those areas a difficult task.

Although the role of the submarines remains the same as in the past, the capabilities that these platforms integrate is gradually expanding. Besides their ability to operate under stealth, developing new subsystems and incorporating new technologies is crucial for them to remain at the forefront of competition. What is expected to strongly impact the market is the introduction of unmanned maritime systems (UMS) and technological enablers.

The industrial landscape is rather steady as the capability to design submarines remains confined to around eight and in the near future 10 countries, while production can include a few more shipbuilders who construct them under license. We would expect an increase in joint ventures or collaborations schemes among well-established shipyards and new clients (e.g. the Norwegian or Dutch submarines programmes), but limited efforts to build a new industrial capability from the ground. The SSN AUKUS is an exception to that, due to the political considerations associated with it.

Due to the long-term planning required in the shipbuilding of a submarine and the life-cycle which usually is between 30 and 40 years, competition among manufacturers is stark.

Market Forecast's study "Submarines - Market and Technology Forecast to 2031" has collected the data on current submarines inventories, future programmes and analysed them to forecast the evolution of the market, its subsystems and technologies over the 2023-2031 period.

Covered in this report:

Overview: Snapshot of the submarines technology in the market during 2023-2031, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of the spending with respect to regions as well as segments and sheds light on the emergence of new technologies.

Market Dynamics: Insights into the technological developments in the submarines system market and a detailed analysis of the changing preferences of governments around the world. It also analyses changing industry structure trends and the challenges faced by the industry participants.

Segment Analysis: Insights into the various systems market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.

Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.

Regional Analysis: Insights into the systems market from a regional perspective and a detailed analysis of factors influencing the market for each region.

Impact Analysis: Analysis on how certain events will impact the submarines market. This will give you an indication on which factors are important for the forecast.

Key Program Analysis: Details of the top programmes in each segment expected to be executed during the forecast period.

Competitive landscape Analysis: Analysis of competitive landscape of this industry. It provides an overview of key companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Segmentation

The market is segmented by Type, Region, Propulsion, and Subsystem.

Type

SSBN
SSN
SSGN
SSP
SSK
TBD

Region

North America
Europe
Asia-Pacific
Middle East & Africa
South America

Propulsion

Nuclear-powered
Conventional-powered

Subsystems

Propulsion
Sonars
Electronics

Reasons to buy

Insight on the elements comprising a submarine, as they form part of an extensive supply chain outlined in the report

In-depth understanding of the factors affecting the market such as defence spending, operational requirements, challenges faced by manufacturers among several others

Outlining of the disruptions and the technology enablers impacting the market and how these could become an opportunity in this quick changing domain

Companies Listed:

Airbus Defence & Space
ArcelorMittal
Arsenal de Marinha do Rio de Janeiro
ASC Pty
Aselsan
Atlas Elektronik
Aubert & Duval
Austal USA
Babcock
BAE Systems
Bisalloy
Bluescope
BMT Defence
Boeing
Bohai Shipyards
China Aerospace Science and Industry Corporation
Daewoo Shipbuilding & Marine Engineering
Damen Shipbuilding
Diehl Defence
Elbit Systems
EnerSys
Exide Technologies
Fibersim
Fincantier S.p.A.
General Dynamics Electric Boat
Gölcük Naval Shipyard
Hellenic Shipyards
Huber Technology
Huntington Ingalls Shipbuilding
Hyundai Heavy Industries
Industeel
Israel Aerospace Industries
Kawasaki Shipbuilding Corporation
Kollmorgen

Kongsberg Defence
Korea Special Battery Co. Ltd.
Lacroix
Leidos
Leonardo
Lockheed Martin
Marine Industries Organization
MBDA
Mitsubishi Heavy Industries
MTU
Naval Group
Navantia
Nedinsco
Newport News Shipbuilding
Northrop Grumman
Northrop Grumman Corporation
PMB Defence
Rafael Advanced Defence Systems
Raytheon
Rheinmetall AG
Rolls Royce
Saab Kockums
Saba Battery
Saft
Schneider Electric
SEA
Sheffield Forgemaster
Siemens
STM
Sunlight Systems
TechnicAtome
Thales
ThyssenKrupp Marine Systems
United Shipbuilding Corporation
Wärtsilä

Product Code: MF221916

1. Introduction

1.1. Scope
1.2. Definitions
1.3. Methodology
1.4. Who will benefit from this study?

2. Executive Summary

2.1. Trends and Insights
2.2. Main Findings
2.3. Key Conclusions
2.4. Important Tables and Figures

3. Technologies and Developments

3.1. Technology overview
3.2. Types of submarines
- 3.2.1. Attack submarines
- 3.2.2. Nuclear strike submarines
3.3. Submarines classification terminology
3.4. Submarine design and systems
- 3.4.1. Weapons
- 3.4.2. Sonars
- 3.4.3. Power

4. Market Overview

4.1. Introduction
4.2. Conventional submarines market volumes distribution over forecast period by Region
4.3. Nuclear submarines market volumes distribution over forecast period by Region
4.4. Conventional submarines inventories' distribution
4.5. Nuclear submarines inventories' distribution
4.6. The submarine shipbuilding landscape

5. Market Analysis and Forecast Factors

5.1. Market Segmentation
5.2. Drivers
5.3. Trends
5.4. Opportunities
5.5. Challenges

6. Country Analysis

6.1. Australia
6.2. Brazil
6.3. Europe
- 6.3.1. Bulgaria
- 6.3.2. Greece
- 6.3.3. Romania
- 6.3.4. Türkiye
6.4. Europe - Scandinavian and Baltic Region
6.5. France
6.6. The Netherlands
6.7. India
6.8. United Kingdom
6.9. United States
- 6.9.1. Columbia-class
- 6.9.2. SSGN
6.10. Other opportunities

7. Global and Regional Market Forecast to 2031

7.1. Introduction
7.2. Submarines market by Region overview
7.3. North American Submarine Market by Type
7.4. European Submarines Market by Type
7.5. Asian-Pacific Submarines Market by Type
7.6. Middle Eastern & African Submarines Market by Type
7.7. South American Submarines Market by Type
7.8. Opportunity Analysis
- 7.8.1. By Region

8. Propulsion Market Forecast to 2031

8.1. Introduction
8.2. Submarines market by propulsion
8.3. Nuclear Propulsion Submarines Market by Region
8.4. Conventional Propulsion Submarines Market by Region
8.5. Opportunity Analysis
8.6. Regional Markets by Propulsion Systems
8.7. N. American Market by Propulsion Systems
8.8. European Market by Propulsion Systems
8.9. APAC Market by Propulsion Systems
8.10. ME&A Market by Propulsion Systems
8.11. S. America Market by Propulsion Systems
8.12. TBD Market by Propulsion Systems

9. Submarine Subsystems Market Forecast to 2031

9.1. Introduction
9.2. Submarine subsystems market by propulsion overview
9.3. Submarine Subsystems Market by Propulsion - Nuclear
- 9.3.1. N. American Submarine Subsystems Market by Propulsion - Nuclear
- 9.3.2. European Submarine Subsystems Market by Propulsion - Nuclear
- 9.3.3. APAC Submarine Subsystems Market by Propulsion - Nuclear
9.4. Submarine Subsystems Market by Propulsion - Conventional
- 9.4.1. N. American Submarine Subsystems Market by Propulsion - Conventional
- 9.4.2. European Submarine Subsystems Market by Propulsion - Conventional
- 9.4.3. APAC Submarine Subsystems Market by Propulsion - Conventional
- 9.4.4. ME&A Submarine Subsystems Market by Propulsion - Conventional
- 9.4.5. S. American Submarine Subsystems Market by Propulsion - Conventional
9.5. Total Submarine Subsystems Market by Region
- 9.5.1. N. American Submarine Subsystems Market
- 9.5.2. European Submarine Subsystems Market
- 9.5.3. APAC Submarine Subsystems Market
- 9.5.4. ME&A Submarine Subsystems Market
- 9.5.5. South American Submarine Subsystems Market
9.6. Opportunity Analysis
- 9.6.1. By Subsystems

10. Impact Analysis

10.1. Introduction

11. Leading Companies

11.1. BAE Systems
- 11.1.1. Introduction
- 11.1.2. Submarines - Products and Services
- 11.1.3. Recent Developments and Contracts
- 11.1.4. SWOT Analysis
11.2. General Dynamics Electric Boat
- 11.2.1. Introduction
- 11.2.2. Submarines - Products and Services
- 11.2.3. Recent Developments and Contracts
- 11.2.4. SWOT Analysis
11.3. Huntington Ingalls Industries
- 11.3.1. Introduction
- 11.3.3. Recent Developments and Contracts
- 11.3.4. SWOT Analysis
11.4. Naval Group
- 11.4.1. Introduction
- 11.4.4. SWOT Analysis
11.5. Saab AB
- 11.5.1. Introduction
- 11.5.4. SWOT Analysis
11.6. ThyssenKrupp Marine Systems
- 11.6.1. Introduction
- 11.6.4. SWOT Analysis
11.7. Other notable companies - Lockheed Martin
11.8. Other notable companies - Thales Group
- 11.8.1. Introduction
- 11.8.2. Submarines - Products and Services
- 11.8.3. Recent Developments and Contracts

12. Results and Conclusions

13. About Market Forecast

13.1. General
13.2. Contact us
13.3. Disclaimer
13.4. License

Appendix A: Companies Mentioned

Appendix B: Abbreviations

Appendix C: Submarines Supply Chain

List of figures

Figure 1: Submarines Market Summary by Region
Figure 2: A cutout of a TKMS Type 214 submarine
Figure 3: An Italian Navy Type 212 submarine
Figure 4: Market volumes over the forecast period per region
Figure 5: Conventional submarines' in-service worldwide
Figure 6: Nuclear-powered submarines' in-service worldwide
Figure 7: Nuclear submarines classification
Figure 8: Conventional submarines classification
Figure 9: Conventional submarine units produced by shipyards
Figure 10: Nuclear-powered submarine units produced by shipyards
Figure 11: Market Segmentation and Sub Segmentation Submarines Market
Figure 12: The Saab A26 Pelagic green water variant (top) and the larger, Oceanic Extended Range variant with VLS at the bottom.
Figure 13: The supply chain of Saab-Damen's Walrus Replacement Programme
Figure 14: UK Submarine Key Stakeholders' Locations
Figure 15: A Royal Navy Astute-class submarine
Figure 16: Submarines Market Forecast to 2031 by Region [US$ billion]
Figure 17: Submarines Market Forecast to 2031 by Region [%]
Figure 18: N. American Submarine Market to 2031 by Type [US$ billion]
Figure 19: N. American Submarines Market Forecast to 2031 by Region [%]
Figure 20: European Submarine Market to 2031 by Type [US$ billion]
Figure 21: European Submarines Market Forecast to 2031 by Region [%]
Figure 22: Asian-Pacific Submarine Market to 2031 by Type [US$ billion]
Figure 23: Asian-Pacific Submarines Market Forecast to 2031 by Region [%]
Figure 24: Middle Eastern & African Submarine Market to 2031 by Type [US$ billion]
Figure 25: South American Submarines Market Forecast to 2031 by Region [%]
Figure 26: Submarine Market Size 2023-2031 by region [US$ billlion]
Figure 27: Submarine market CAGR by region 2023-2031 [%]
Figure 28: Submarine Market by Propulsion Type to 2031 [US$ billion]
Figure 29: Submarine Market by Propulsion Type to 2031 [%]
Figure 30: Nuclear Propulsion Submarines Market Forecast to 2031 by Region [US$ billion]
Figure 31: Nuclear Propulsion Submarines Market Forecast to 2031 by Region [%]
Figure 32: Conventional Propulsion Submarines Market Forecast to 2031 by Region [US$ billion]
Figure 33: Conventional Propulsion Submarines Market Forecast to 2031 by Region [%]
Figure 34: Submarine Propulsion Market Size 2023-2031 by region [US$ billion]
Figure 35: N. American Propulsion Market to 2031 [US$ billion]
Figure 36: N. American Propulsion Market to 2031 [%]
Figure 37: European Propulsion Market to 2031 [US$ billion]
Figure 38: European Propulsion Market to 2031 [%]
Figure 39: APAC Propulsion Market to 2031 [US$ billion]
Figure 40: APAC Propulsion Market to 2031 [%]
Figure 41: ME&A Propulsion Market to 2031 [US$ billion]
Figure 42: S. America Propulsion Market to 2031 [US$ billion]
Figure 43: TBD Propulsion Market to 2031 [US$ billion]
Figure 44: Total Submarine Subsystems Market [US$ billion]
Figure 45: Total Submarine Subsystems Market [%]
Figure 46: Nuclear-powered submarines subsystems market to 2031 [US$ billion]
Figure 47: Nuclear-powered submarines subsystems market to 2031 [%]
Figure 48: N. American Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Figure 49: N. American N. American Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Figure 50: European Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Figure 51: European Submarine Subsystems Market by Propulsion - Nuclear [%]
Figure 52: APAC Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Figure 53: APAC Submarine Subsystems Market by Propulsion - Nuclear [%]
Figure 54: Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Figure 55: Submarine Subsystems Market by Propulsion - Conventional [%]
Figure 56: N. American Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Figure 57: N. American Submarine Subsystems Market by Propulsion - Conventional [%]
Figure 58: European Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Figure 59: European Submarine Subsystems Market by Propulsion - Conventional [%]
Figure 60: APAC Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Figure 61: APAC Submarine Subsystems Market by Propulsion - Conventional [%]
Figure 62: ME&A Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Figure 63: S. American Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Figure 64: S. American Submarine Subsystems Market by Propulsion - Conventional [%]
Figure 65: N. American Submarine Subsystems Market [US$ billion]
Figure 66: N. American Submarine Subsystems Market [%]
Figure 67: European Submarine Subsystems Market [US$ billion]
Figure 68: European Submarine Subsystems Market [%]
Figure 69: APAC Submarine Subsystems Market [US$ billion]
Figure 70: APAC Submarine Subsystems Market [%]
Figure 71: ME&A Submarine Subsystems Market [US$ billion]
Figure 72: ME&A Submarine Subsystems Market [%]
Figure 73: South American Submarine Subsystems Market [US$ billion]
Figure 74: South American Submarine Subsystems Market [%]
Figure 75: Submarine Market Size 2023-2031 by Subsystems [US$ billion]
Figure 76: Submarine Market Size 2023-2031 by Subsystems [CAGR]

List of tables

Table 1: Submarines Market Summary by Region [US$ billion]
Table 2: Submarines' properties comparison
Table 3: Market activity
Table 4: Submarine market opportunities
Table 5: Submarines Market Forecast to 2031 by Region [US$ billion]
Table 6: N. American Submarine Market to 2031 by Type [US$ billion]
Table 7: European Submarine Market to 2031 by Type [US$ billion]
Table 8: Asian-Pacific Submarine Market to 2031 by Type [US$ billion]
Table 9: Middle Eastern & African Submarine Market to 2031 by Type [US$ billion]
Table 10: South American Submarine Market to 2031 by Type [US$ billion]
Table 11: Submarine Market by Propulsion Type to 2031 [US$ billion]
Table 12: Nuclear Propulsion Submarines Market Forecast to 2031 by Region [US$ billion]
Table 13: Conventional Propulsion Submarines Market Forecast to 2031 by Region [US$ billion]
Table 14: N. American Propulsion Market to 2031 [US$ billion]
Table 15: European Propulsion Market to 2031 [US$ billion]
Table 16: APAC Propulsion Market to 2031 [US$ billion]
Table 17: ME&A Propulsion Market to 2031 [US$ billion]
Table 18: S. America Propulsion Market to 2031 [US$ billion]
Table 19: TBD Propulsion Market to 2031 [US$ billion]
Table 20: Total Submarine Subsystems Market [US$ billion]
Table 21: Nuclear-powered submarines subsystems market to 2031 [US$ billion]
Table 22: N. American Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Table 23: European Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Table 24: APAC Submarine Subsystems Market by Propulsion - Nuclear [US$ billion]
Table 25: Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Table 26: N. American Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Table 27: European Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Table 28: APAC Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Table 29: ME&A Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Table 30: S. American Submarine Subsystems Market by Propulsion - Conventional [US$ billion]
Table 31: N. American Submarine Subsystems Market [US$ billion]
Table 32: European Submarine Subsystems Market [US$ billion]
Table 33: APAC Submarine Subsystems Market [US$ billion]
Table 34: ME&A Submarine Subsystems Market [US$ billion]
Table 35: South American Submarine Subsystems Market [US$ billion]
Table 36: BAE System plc Company SWOT Analysis
Table 37: General Dynamics Electric Boat Company SWOT Analysis
Table 38: HII Company SWOT Analysis
Table 39: Naval Group Company SWOT Analysis
Table 40: Saab Company SWOT Analysis
Table 41: TKMS Company SWOT Analysis