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Submarine Sector: Worldwide Forecast until 2021

  • July 2017
  • 73 pages
  • ID: 4340678
In this report:
The project is estimated at $## billion, and the first submarine is expected to be in service by 2031.
In 2015, the Chinese Navy unveiled three new nuclear-powered SSBNs under the Type-## series, and these are expected to be equipped with YJ-## supersonic antiship missiles.
In April 2017, BAE Systems received a contract worth $##.## billion from the ministry to deliver the sixth Astute-class submarine called HMS Agamemnon.

Summary

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About Submarine

A submarine is an underwater naval platform that can stay submerged for extended periods and is deployed for multiple defense functions. It is considered important for a nation's maritime security and is used for both offensive and defensive purposes. Submarines are designed for better agility and stealth capabilities. These vessels are armed with powerful weapons including missiles and torpedoes.

The experts estimate the worldwide submarine market to increase at a compound annual Growth rate of ~4.9 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global submarine sector for 2017-2021. The report includes a detailed synthesis of the market, included data from multiple sources..

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Submarine Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Project delays

• For a full, exhaustive list, view our market report

How is the market going?

• Multi-mission submarines

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

If you acquire this report, you can ask for one free hour with one of our analyst. Further information is provided within the report.

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