Submarine Market Size, Share, Analysis Report

Submarine Market Size by Type (Nuclear Powered Submarine, Diesel Electric Submarine and Ballistic Missile Submarine), By Application (Surveillance, Combat, Marine Environmental Monitoring, Detection of Oil Resources, Scientific Research and Others), Platform (Commercial and Military), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Submarine Market is expected to be around US$ 1.5 Billion by 2028 at a CAGR of 4% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • General Dynamics Corp
  • China State Shipbuilding Corp
  • BAE Systems Plc
  • Naval Group
  • United Shipbuilding Corp
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    4

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Submarine Market is expected to be around US$ 1.5 Billion by 2028 at a CAGR of 4% in the given forecast period.

    The rising investments by the military and defense sectors of various countries, to build a robust military base by deploying the advanced technology is the vital factor triggering the growth of submarines market. The rising arms race among the countries across the world and rising inclination towards modernization of their naval bases, are also propelling the submarine market growth. There is a requirement to offer naval forces with increased abilities associated to maritime security. All these factors are leading to the submarine market growth. In addition to this with the rising number of conflicts involving maritime borders and trade routes, more and more nations are thriving to enhance their underwater combat skills. To attain military supremacy, countries are highly focusing on developing high end submarines using the latest technologies, which eventually propel the market growth.

    The global Submarine market is segregated on the basis of Type as Nuclear Powered Submarine, Diesel Electric Submarine and Ballistic Missile Submarine. Based on Application the global Submarine market is segmented in Surveillance, Combat, Marine Environmental Monitoring, Detection of Oil Resources, Scientific Research and Others. Based on Platform the global Submarine market is segmented in Commercial and Military.

    The global Submarine market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Submarine market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    General Dynamics Corp, BAE Systems Plc, Naval Group, United Shipbuilding Corp, China State Shipbuilding Corp, Navantia SA, Huntington Ingalls Industries Inc, Fincantieri SpA, Daewoo Shipbuilding & Marine Engineering Co Ltd, Mitsubishi Heavy Industries Ltd, and others are among the major players in the global Submarine market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Submarine Market has been segmented as below:

    Submarine Market, By Type

    • Nuclear Powered Submarine
    • Diesel Electric Submarine
    • Ballistic Missile Submarine

    Submarine Market, By Application

    • Surveillance
    • Combat
    • Marine Environmental Monitoring
    • Detection of Oil Resources
    • Scientific Research
    • Others

    Submarine Market, By Platform

    • Commercial
    • Military

    Submarine Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Submarine Market, By Company

    • General Dynamics Corp
    • BAE Systems Plc
    • Naval Group
    • United Shipbuilding Corp
    • China State Shipbuilding Corp
    • Navantia SA
    • Huntington Ingalls Industries Inc
    • Fincantieri SpA
    • Daewoo Shipbuilding & Marine Engineering Co Ltd
    • Mitsubishi Heavy Industries Ltd
    • Saab AB
    • ThyssenKrupp AG

    The report covers:

    • Global Submarine market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Submarine market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Submarine market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Submarine market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Submarine market share. Major industry players with significant revenue share include General Dynamics Corp, BAE Systems Plc, Naval Group, United Shipbuilding Corp, China State Shipbuilding Corp, Navantia SA, Huntington Ingalls Industries Inc, Fincantieri SpA, Daewoo Shipbuilding & Marine Engineering Co Ltd, Mitsubishi Heavy Industries Ltd, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Submarine industry trends
    • Find complete analysis on the market status
    • Identify the Submarine market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

    Customized report as per the requirement can be offered with appropriate recommendations

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Market Research Process
    2.3.    Research Data Analysis
    2.3.1.1.    Secondary Research
    2.3.1.2.    Primary Research
    2.3.1.3.    Models for Estimation
    2.4.    Market Size Estimation
    2.4.1.    Bottom-Up Approach- Segmental Market Analysis
    2.4.2.    Top-Down Approach- Parent Market Analysis
    3.    Executive Summary
    4.    Market Overview
    4.1.    Introduction
    4.1.1.    Drivers
    4.1.2.    Restraints
    4.1.3.    Opportunities
    4.1.4.    Challenges
    4.2.    Porter’s Five Force Analysis
    5.    Submarine Market, By Type
    5.1.    Introduction
    5.2.    Nuclear Powered Submarine
    5.2.1.    Market Overview
    5.2.2.    Market Size and Forecast
    5.3.    Diesel Electric Submarine
    5.3.1.    Market Overview
    5.3.2.    Market Size and Forecast
    5.4.    Ballistic Missile Submarine
    5.4.1.    Market Overview
    5.4.2.    Market Size and Forecast
    6.    Submarine Market, By Application
    6.1.    Introduction
    6.2.    Surveillance
    6.2.1.    Market Overview
    6.2.2.    Market Size and Forecast
    6.3.    Combat
    6.3.1.    Market Overview
    6.3.2.    Market Size and Forecast
    6.4.    Marine Environmental Monitoring
    6.4.1.    Market Overview
    6.4.2.    Market Size and Forecast
    6.5.    Detection of Oil Resources
    6.5.1.    Market Overview
    6.5.2.    Market Size and Forecast
    6.6.    Scientific Research
    6.6.1.    Market Overview
    6.6.2.    Market Size and Forecast
    6.7.    Others
    6.7.1.    Market Overview
    6.7.2.    Market Size and Forecast
    7.    Submarine Market, By Platform
    7.1.    Introduction
    7.2.    Commercial
    7.2.1.    Market Overview
    7.2.2.    Market Size and Forecast
    7.3.    Military
    7.3.1.    Market Overview
    7.3.2.    Market Size and Forecast
    8.    Submarine Market, By Geography
    8.1.    Introduction
    8.2.    North America
    8.2.1.    North America Submarine, By Type
    8.2.2.    North America Submarine, By Application
    8.2.3.    North America Submarine, By Platform
    8.3.    Europe
    8.3.1.    Europe Submarine, By Type
    8.3.2.    Europe Submarine, By Application
    8.3.3.    Europe Submarine, By Platform
    8.4.    Asia-Pacific
    8.4.1.    Asia-Pacific Submarine, By Type
    8.4.2.    Asia-Pacific Submarine, By Application
    8.4.3.    Asia-Pacific Submarine, By Platform
    8.5.    Rest of the World
    8.5.1.    Rest of the World Submarine, By Type
    8.5.2.    Rest of the World Submarine, By Application
    8.5.3.    Rest of the World Submarine, By Platform
    9.    Competitive Insights
    9.1.    Key Insights
    9.2.    Company Market Share Analysis
    9.3.    Strategic Outlook
    9.3.1.    Mergers & Acquisitions
    9.3.2.    New Product Developments
    9.3.3.    Portfolio/Production Capacity Expansions
    9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    9.3.5.    Others
    10.    Company Profiles
    10.1.    General Dynamics Corp
    10.1.1.    Company Overview
    10.1.2.    Product/Service Landscape
    10.1.3.    Financial Overview
    10.1.4.    Recent Developments
    10.2.    BAE Systems Plc
    10.2.1.    Company Overview
    10.2.2.    Product/Service Landscape
    10.2.3.    Financial Overview
    10.2.4.    Recent Developments
    10.3.    Naval Group
    10.3.1.    Company Overview
    10.3.2.    Product/Service Landscape
    10.3.3.    Financial Overview
    10.3.4.    Recent Developments
    10.4.    United Shipbuilding Corp
    10.4.1.    Company Overview
    10.4.2.    Product/Service Landscape
    10.4.3.    Financial Overview
    10.4.4.    Recent Developments
    10.5.    China State Shipbuilding Corp
    10.5.1.    Company Overview
    10.5.2.    Product/Service Landscape
    10.5.3.    Financial Overview
    10.5.4.    Recent Developments
    10.6.    Navantia SA
    10.6.1.    Company Overview
    10.6.2.    Product/Service Landscape
    10.6.3.    Financial Overview
    10.6.4.    Recent Developments
    10.7.    Huntington Ingalls Industries Inc
    10.7.1.    Company Overview
    10.7.2.    Product/Service Landscape
    10.7.3.    Financial Overview
    10.7.4.    Recent Developments
    10.8.    Fincantieri SpA
    10.8.1.    Company Overview
    10.8.2.    Product/Service Landscape
    10.8.3.    Financial Overview
    10.8.4.    Recent Developments
    10.9.    Daewoo Shipbuilding & Marine Engineering Co Ltd
    10.9.1.    Company Overview
    10.9.2.    Product/Service Landscape
    10.9.3.    Financial Overview
    10.9.4.    Recent Developments
    10.10.    Mitsubishi Heavy Industries Ltd
    10.10.1.    Company Overview
    10.10.2.    Product/Service Landscape
    10.10.3.    Financial Overview
    10.10.4.    Recent Developments
    10.11.    Saab AB
    10.11.1.    Company Overview
    10.11.2.    Product/Service Landscape
    10.11.3.    Financial Overview
    10.11.4.    Recent Developments
    10.12.    ThyssenKrupp AG
    10.12.1.    Company Overview
    10.12.2.    Product/Service Landscape
    10.12.3.    Financial Overview
    10.12.4.    Recent Developments

    The Submarine Market has been segmented as below:

    Submarine Market, By Type

    • Nuclear Powered Submarine
    • Diesel Electric Submarine
    • Ballistic Missile Submarine

    Submarine Market, By Application

    • Surveillance
    • Combat
    • Marine Environmental Monitoring
    • Detection of Oil Resources
    • Scientific Research
    • Others

    Submarine Market, By Platform

    • Commercial
    • Military

    Submarine Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Submarine Market, By Company

    • General Dynamics Corp
    • BAE Systems Plc
    • Naval Group
    • United Shipbuilding Corp
    • China State Shipbuilding Corp
    • Navantia SA
    • Huntington Ingalls Industries Inc
    • Fincantieri SpA
    • Daewoo Shipbuilding & Marine Engineering Co Ltd
    • Mitsubishi Heavy Industries Ltd
    • Saab AB
    • ThyssenKrupp AG

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 4% during the study period (2023-2028)
    The Submarine Market is expected to be around US$ 1.5 Billion by 2028.
    The segment included in Submarine Market is include Type, Application, Platform and region.
    Some key players operating in the Submarine Market include General Dynamics Corp, BAE Systems Plc, Naval Group, United Shipbuilding Corp, China State Shipbuilding Corp, Navantia SA, Huntington Ingalls Industries Inc, Fincantieri SpA
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