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Submarine AIP System Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Air-independent propulsion (AIP) is any marine propulsion technology that allows a non-nuclear submarine to operate without access to atmospheric oxygen (by surfacing or using a snorkel). AIP can augment or replace the diesel-electric propulsion system of non-nuclear vessels. The correct term is Air Independent Power, not Propulsion, as the various AIP devices do not propel the submarine.The global Submarine AIP System market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Submarine AIP System is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Submarine AIP System is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
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The key global companies of Submarine AIP System include SaaB AB, United Shipbuilding Corporation, CSICL, DCNS SA, ThyssenKrupp Marine Systems GmbH, SENER and Kawasaki Heavy Industries, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
By Company
• SaaB AB
• United Shipbuilding Corporation
• CSICL
• DCNS SA
• ThyssenKrupp Marine Systems GmbH
• SENER
• Kawasaki Heavy Industries
Segment by Type
• Closed Cycle Steam Turbines
• Stirling Cycle Engines
• Fuel Cells
Segment by Application
• Large Submarine (2000T and Above 2000 T)
• Small and Medium Submarines (Under 2000 T)
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