PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1462694
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1462694
Anti-Submarine Warfare Systems Market Forecasts to 2030 - Global Analysis By Type (Helicopters, Maritime Patrol Aircraft, Submarines, Surface Ships, Unmanned Systems and Other Types), Technology, End User and By Geography
According to Stratistics MRC, the Global Anti-Submarine Warfare Systems Market is accounted for $17.70 billion in 2023 and is expected to reach $27.51 billion by 2030 growing at a CAGR of 6.5% during the forecast period. Anti-Submarine Warfare (ASW) Systems encompass a range of technologies and tactics designed to detect, track, and neutralize enemy submarines. These systems often include sonar arrays, passive and active acoustic sensors, underwater drones, and specialized aircraft equipped with magnetic anomaly detectors or sonobuoys.
Market Dynamics:
Driver:
Growing maritime trade
As global commerce continues to expand, maritime routes become increasingly congested with commercial vessels transporting goods, energy resources, and raw materials across oceans. Consequently, there is a growing demand for advanced ASW technologies capable of detecting and neutralizing submarine threats in congested and dynamic maritime environments. Furthermore, navies around the world recognize the critical role of ASW systems in securing maritime trade routes and protecting economic interests, thereby propelling the market.
Restraint:
High cost
The maintenance and lifecycle costs of ASW systems contribute to their overall expense, as ongoing upgrades and repairs are necessary to ensure optimal performance. The complexity of ASW systems amplifies costs, as specialized training and expertise are required for their operation and maintenance. Furthermore, the high costs associated with ASW systems pose a barrier to entry for many potential buyers, particularly those with smaller defense budgets, thereby hampering market growth.
Opportunity:
Technological advancements
Advances in sensor technology, signal processing, and artificial intelligence have revolutionized ASW operations, enabling more precise detection, tracking, and engagement of hostile submarines. Furthermore, advancements in communication and networking technologies facilitate real-time information sharing and coordination. Continued investment in research and development drives technological innovation in the ASW Systems market.
Threat:
Limited international collaboration
The lack of cooperation limits access to cutting-edge technologies and best practices, slowing down innovation and progress in the field of ASW. Restricted information sharing and interoperability challenges arise when nations operate disparate ASW systems. However, political tensions, conflicting interests, and strategic rivalries can impede collaboration between countries, hindering the exchange of technology, expertise, and intelligence necessary for enhancing ASW systems.
Covid-19 Impact
The COVID-19 pandemic has had several negative impacts on the anti-submarine warfare (ASW) systems market, disrupting supply chains, delaying procurement programs, and impacting defense budgets worldwide. Additionally, travel restrictions and lockdown measures hindered international collaboration and inhibited the deployment of ASW technology in various regions, impeding market growth.
The Submarines segment is expected to be the largest during the forecast period
The Submarines segment is estimated to hold the largest share, due to the development, procurement, and deployment of technologies and platforms specifically designed to detect, track, and engage enemy submarines. It encompasses a wide array of products and services tailored to address the unique challenges posed by underwater threats in naval warfare. Moreover, the submarine segment involves the integration of various weapon systems, which is propelling this segment's growth.
The torpedo countermeasures segment is expected to have the highest CAGR during the forecast period
The torpedo countermeasures segment is anticipated to have highest CAGR during the forecast period due to a range of defensive measures aimed at protecting naval assets from torpedo attacks. Key components of torpedo countermeasures systems include torpedo decoys, which are expendable devices deployed to divert incoming torpedoes away from the intended target. Furthermore, advanced torpedo detection systems play a crucial role in the early detection and tracking of torpedoes, which is boosting this segment's expansion.
Region with largest share:
Asia Pacific commanded the largest market share during the extrapolated period owing to geopolitical tensions, maritime territorial disputes, and the modernization efforts of regional naval forces. Key players in the Asia Pacific market include major defense contractors, such as Japan, South Korea, China, and India, which are actively investing in the development and acquisition of advanced ASW technologies. Moreover, these investments encompass a wide range of solutions, which are driving this region's size.
Region with highest CAGR:
Europe is expected to witness highest CAGR over the projection period, owing to a combination of regional security concerns, NATO obligations, and advancements in maritime defense capabilities. European defense consortia, such as Leonardo, Thales, BAE Systems, and Saab, are at the forefront of innovation in ASW technologies, leveraging expertise in sensors, communications, and underwater warfare systems. Additionally, these countries lead the development of advanced ASW platforms, thereby boosting the growth of this region.
Key players in the market
Some of the key players in the Anti-Submarine Warfare Systems Market include Lockheed Martin, Northrop Grumman, BAE Systems, Elbit Systems, Safran SA, Raytheon Technologies, Terma A/S, Roketsan, Thales Group, DSIT Solutions, Saab AB, Kongsberg Gruppen, General Dynamics and L3Harris Technologies.
Key Developments:
In March 2024, Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), has signed a contract with the Italian space agency (ASI) to develop the communications subsystem for the innovative International Mars Ice Mapper (I-MIM) mission.
In March 2024, Thales has expanded its partnership with Neural Labs, a company which provides video analysis for Smart Cities and AI-based Intelligent Transportation Systems (ITS), to enable secure, efficient, and practical solutions for vehicle access control and logistical planning.
In March 2024, Northrop Grumman Corporation is partnering with Palantir USG, Inc. on the newly awarded Tactical Intelligence Targeting Access Node (TITAN) ground system for the U.S. Army.
Types Covered:
- Helicopters
- Maritime Patrol Aircraft
- Submarines
- Surface Ships
- Unmanned Systems
- Other Types
Technologies Covered:
- Torpedo Countermeasures
- Active Sonar Systems
- Anti-submarine Warfare Sensors
- Passive Sonar Systems
- Other Technologies
End Users Covered:
- Naval Forces
- Aerospace and Defense Contractors
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Anti-Submarine Warfare Systems Market, By Type
- 5.1 Introduction
- 5.2 Helicopters
- 5.3 Maritime Patrol Aircraft
- 5.4 Submarines
- 5.5 Surface Ships
- 5.6 Unmanned Systems
- 5.7 Other Types
6 Global Anti-Submarine Warfare Systems Market, By Technology
- 6.1 Introduction
- 6.2 Torpedo Countermeasures
- 6.3 Active Sonar Systems
- 6.4 Anti-submarine Warfare Sensors
- 6.5 Passive Sonar Systems
- 6.6 Other Technologies
7 Global Anti-Submarine Warfare Systems Market, By End User
- 7.1 Introduction
- 7.2 Naval Forces
- 7.3 Aerospace and Defense Contractors
- 7.4 Other End Users
8 Global Anti-Submarine Warfare Systems Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Lockheed Martin
- 10.2 Northrop Grumman
- 10.3 BAE Systems
- 10.4 Elbit Systems
- 10.5 Safran SA
- 10.6 Raytheon Technologies
- 10.7 Terma A/S
- 10.8 Roketsan
- 10.9 Thales Group
- 10.10 DSIT Solutions
- 10.11 Saab AB
- 10.12 Kongsberg Gruppen
- 10.13 General Dynamics
- 10.14 L3Harris Technologies
List of Tables
- Table 1 Global Anti-Submarine Warfare Systems Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Anti-Submarine Warfare Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Anti-Submarine Warfare Systems Market Outlook, By Helicopters (2021-2030) ($MN)
- Table 4 Global Anti-Submarine Warfare Systems Market Outlook, By Maritime Patrol Aircraft (2021-2030) ($MN)
- Table 5 Global Anti-Submarine Warfare Systems Market Outlook, By Submarines (2021-2030) ($MN)
- Table 6 Global Anti-Submarine Warfare Systems Market Outlook, By Surface Ships (2021-2030) ($MN)
- Table 7 Global Anti-Submarine Warfare Systems Market Outlook, By Unmanned Systems (2021-2030) ($MN)
- Table 8 Global Anti-Submarine Warfare Systems Market Outlook, By Other Types (2021-2030) ($MN)
- Table 9 Global Anti-Submarine Warfare Systems Market Outlook, By Technology (2021-2030) ($MN)
- Table 10 Global Anti-Submarine Warfare Systems Market Outlook, By Torpedo Countermeasures (2021-2030) ($MN)
- Table 11 Global Anti-Submarine Warfare Systems Market Outlook, By Active Sonar Systems (2021-2030) ($MN)
- Table 12 Global Anti-Submarine Warfare Systems Market Outlook, By Anti-submarine Warfare Sensors (2021-2030) ($MN)
- Table 13 Global Anti-Submarine Warfare Systems Market Outlook, By Passive Sonar Systems (2021-2030) ($MN)
- Table 14 Global Anti-Submarine Warfare Systems Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 15 Global Anti-Submarine Warfare Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 16 Global Anti-Submarine Warfare Systems Market Outlook, By Naval Forces (2021-2030) ($MN)
- Table 17 Global Anti-Submarine Warfare Systems Market Outlook, By Aerospace and Defense Contractors (2021-2030) ($MN)
- Table 18 Global Anti-Submarine Warfare Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 19 North America Anti-Submarine Warfare Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 20 North America Anti-Submarine Warfare Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 21 North America Anti-Submarine Warfare Systems Market Outlook, By Helicopters (2021-2030) ($MN)
- Table 22 North America Anti-Submarine Warfare Systems Market Outlook, By Maritime Patrol Aircraft (2021-2030) ($MN)
- Table 23 North America Anti-Submarine Warfare Systems Market Outlook, By Submarines (2021-2030) ($MN)
- Table 24 North America Anti-Submarine Warfare Systems Market Outlook, By Surface Ships (2021-2030) ($MN)
- Table 25 North America Anti-Submarine Warfare Systems Market Outlook, By Unmanned Systems (2021-2030) ($MN)
- Table 26 North America Anti-Submarine Warfare Systems Market Outlook, By Other Types (2021-2030) ($MN)
- Table 27 North America Anti-Submarine Warfare Systems Market Outlook, By Technology (2021-2030) ($MN)
- Table 28 North America Anti-Submarine Warfare Systems Market Outlook, By Torpedo Countermeasures (2021-2030) ($MN)
- Table 29 North America Anti-Submarine Warfare Systems Market Outlook, By Active Sonar Systems (2021-2030) ($MN)
- Table 30 North America Anti-Submarine Warfare Systems Market Outlook, By Anti-submarine Warfare Sensors (2021-2030) ($MN)
- Table 31 North America Anti-Submarine Warfare Systems Market Outlook, By Passive Sonar Systems (2021-2030) ($MN)
- Table 32 North America Anti-Submarine Warfare Systems Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 33 North America Anti-Submarine Warfare Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 34 North America Anti-Submarine Warfare Systems Market Outlook, By Naval Forces (2021-2030) ($MN)
- Table 35 North America Anti-Submarine Warfare Systems Market Outlook, By Aerospace and Defense Contractors (2021-2030) ($MN)
- Table 36 North America Anti-Submarine Warfare Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 37 Europe Anti-Submarine Warfare Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 38 Europe Anti-Submarine Warfare Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 39 Europe Anti-Submarine Warfare Systems Market Outlook, By Helicopters (2021-2030) ($MN)
- Table 40 Europe Anti-Submarine Warfare Systems Market Outlook, By Maritime Patrol Aircraft (2021-2030) ($MN)
- Table 41 Europe Anti-Submarine Warfare Systems Market Outlook, By Submarines (2021-2030) ($MN)
- Table 42 Europe Anti-Submarine Warfare Systems Market Outlook, By Surface Ships (2021-2030) ($MN)
- Table 43 Europe Anti-Submarine Warfare Systems Market Outlook, By Unmanned Systems (2021-2030) ($MN)
- Table 44 Europe Anti-Submarine Warfare Systems Market Outlook, By Other Types (2021-2030) ($MN)
- Table 45 Europe Anti-Submarine Warfare Systems Market Outlook, By Technology (2021-2030) ($MN)
- Table 46 Europe Anti-Submarine Warfare Systems Market Outlook, By Torpedo Countermeasures (2021-2030) ($MN)
- Table 47 Europe Anti-Submarine Warfare Systems Market Outlook, By Active Sonar Systems (2021-2030) ($MN)
- Table 48 Europe Anti-Submarine Warfare Systems Market Outlook, By Anti-submarine Warfare Sensors (2021-2030) ($MN)
- Table 49 Europe Anti-Submarine Warfare Systems Market Outlook, By Passive Sonar Systems (2021-2030) ($MN)
- Table 50 Europe Anti-Submarine Warfare Systems Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 51 Europe Anti-Submarine Warfare Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 52 Europe Anti-Submarine Warfare Systems Market Outlook, By Naval Forces (2021-2030) ($MN)
- Table 53 Europe Anti-Submarine Warfare Systems Market Outlook, By Aerospace and Defense Contractors (2021-2030) ($MN)
- Table 54 Europe Anti-Submarine Warfare Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 55 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 56 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 57 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Helicopters (2021-2030) ($MN)
- Table 58 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Maritime Patrol Aircraft (2021-2030) ($MN)
- Table 59 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Submarines (2021-2030) ($MN)
- Table 60 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Surface Ships (2021-2030) ($MN)
- Table 61 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Unmanned Systems (2021-2030) ($MN)
- Table 62 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Other Types (2021-2030) ($MN)
- Table 63 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Technology (2021-2030) ($MN)
- Table 64 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Torpedo Countermeasures (2021-2030) ($MN)
- Table 65 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Active Sonar Systems (2021-2030) ($MN)
- Table 66 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Anti-submarine Warfare Sensors (2021-2030) ($MN)
- Table 67 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Passive Sonar Systems (2021-2030) ($MN)
- Table 68 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 69 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 70 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Naval Forces (2021-2030) ($MN)
- Table 71 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Aerospace and Defense Contractors (2021-2030) ($MN)
- Table 72 Asia Pacific Anti-Submarine Warfare Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 73 South America Anti-Submarine Warfare Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 74 South America Anti-Submarine Warfare Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 75 South America Anti-Submarine Warfare Systems Market Outlook, By Helicopters (2021-2030) ($MN)
- Table 76 South America Anti-Submarine Warfare Systems Market Outlook, By Maritime Patrol Aircraft (2021-2030) ($MN)
- Table 77 South America Anti-Submarine Warfare Systems Market Outlook, By Submarines (2021-2030) ($MN)
- Table 78 South America Anti-Submarine Warfare Systems Market Outlook, By Surface Ships (2021-2030) ($MN)
- Table 79 South America Anti-Submarine Warfare Systems Market Outlook, By Unmanned Systems (2021-2030) ($MN)
- Table 80 South America Anti-Submarine Warfare Systems Market Outlook, By Other Types (2021-2030) ($MN)
- Table 81 South America Anti-Submarine Warfare Systems Market Outlook, By Technology (2021-2030) ($MN)
- Table 82 South America Anti-Submarine Warfare Systems Market Outlook, By Torpedo Countermeasures (2021-2030) ($MN)
- Table 83 South America Anti-Submarine Warfare Systems Market Outlook, By Active Sonar Systems (2021-2030) ($MN)
- Table 84 South America Anti-Submarine Warfare Systems Market Outlook, By Anti-submarine Warfare Sensors (2021-2030) ($MN)
- Table 85 South America Anti-Submarine Warfare Systems Market Outlook, By Passive Sonar Systems (2021-2030) ($MN)
- Table 86 South America Anti-Submarine Warfare Systems Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 87 South America Anti-Submarine Warfare Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 88 South America Anti-Submarine Warfare Systems Market Outlook, By Naval Forces (2021-2030) ($MN)
- Table 89 South America Anti-Submarine Warfare Systems Market Outlook, By Aerospace and Defense Contractors (2021-2030) ($MN)
- Table 90 South America Anti-Submarine Warfare Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 91 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 92 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 93 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Helicopters (2021-2030) ($MN)
- Table 94 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Maritime Patrol Aircraft (2021-2030) ($MN)
- Table 95 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Submarines (2021-2030) ($MN)
- Table 96 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Surface Ships (2021-2030) ($MN)
- Table 97 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Unmanned Systems (2021-2030) ($MN)
- Table 98 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Other Types (2021-2030) ($MN)
- Table 99 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Technology (2021-2030) ($MN)
- Table 100 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Torpedo Countermeasures (2021-2030) ($MN)
- Table 101 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Active Sonar Systems (2021-2030) ($MN)
- Table 102 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Anti-submarine Warfare Sensors (2021-2030) ($MN)
- Table 103 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Passive Sonar Systems (2021-2030) ($MN)
- Table 104 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 105 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 106 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Naval Forces (2021-2030) ($MN)
- Table 107 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Aerospace and Defense Contractors (2021-2030) ($MN)
- Table 108 Middle East & Africa Anti-Submarine Warfare Systems Market Outlook, By Other End Users (2021-2030) ($MN)
