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New Market Report: The Global Submarine Market 2013-2023

New Defense research report from Strategic Defence Intelligence is now available from Fast Market Research

 

Boston, MA -- (SBWIRE) -- 09/20/2013 -- This report is the result of SDI's extensive market and company research covering the global Submarine industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

Introduction and Landscape
Why was the report written?
"The Global Submarine Market 2013-2023" offers the reader detailed analysis of the global Submarine market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

What are the key drivers behind recent market changes?
In 2013 the global submarine market is estimated to value US$14.4 billion and is expected to grow to US$21.7 billion by 2023, representing a CAGR of 4.2% during the forecast period. The market consists of three categories: SSN, SSBN and SSK. The global expenditure on SSNs is expected to account for a major share of approximately 41% during the forecast period. The remaining expenditure is accounted for by SSBN and SSK with shares of 33% and 26% respectively.

View Full Report Details and Table of Contents

What makes this report unique and essential to read?
"The Global Submarine Market 2013-2023" provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits
The report provides detailed analysis of the market for submarines during 2013-2023, including the factors that influence why countries are investing or cutting defense expenditure. It provides detailed expectations of growth rates and projected total expenditure.

Navantia, Fincantieri, DCNS, Kockums, BAE Systems, Mazagon Docks, Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, PO Sevmash, Huntington Ingalls Industries, General Dynamics Electric Boat Limited, Admiralty Shipyards, ThyssenkKrupp Marine Systems, ASC, Golcuk Naval Shipyard, Mitsubishi Heavy Industries, Kawasaki Shipbuilding Corporation, SaaB, Thales, Lockheed Martin

A significant number of countries such as the US, the UK, Germany, France, and India are currently in the process of replacing their existing fleet of submarines. Most of these submarines are being retired as they have reached the end of their operational cycle. Additionally, Soviet era submarines currently in use by countries such as Russia, India, and China need to be replaced. The demand for modern submarines creates a lucrative opportunity for suppliers across the world.

Key Market Issues

Companies Mentioned in this Report: Navantia, Fincantieri, DCNS, Kockums, BAE Systems, Mazagon Docks, Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, PO Sevmash, Huntington Ingalls Industries, General Dynamics Electric Boat Limited, Admiralty Shipyards, ThyssenkKrupp Marine Systems, ASC, Golcuk Naval Shipyard, Mitsubishi Heavy Industries, Kawasaki Shipbuilding Corporation, SaaB, Thales, Lockheed Martin

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