Global Submarine Air-Independent Propulsion (AIP) Systems Market to Grow 13.80% CAGR to 2021 – Analysis of United Shipbuilding Corporation, Saab, thyssenkrupp, and United Technologies

MarketResearchNest.com adds “Global Submarine Air-Independent Propulsion (AIP) Systems Market 2017-2021” new reports to its research database. The report spread across 67 pages with tables and figures in it.

The research analysts forecast the global submarine air-independent propulsion (AIP) systems market to grow at a CAGR of 13.80% during the period 2017-2021.

Air-independent propulsion (AIP) systems are any marine propulsion technologies that enable a non-nuclear submarine to operate without access to atmospheric oxygen, thus eliminating the need for surfacing or snorkeling. Most AIP systems generate electricity, which, in turn, drives an electric motor for propulsion or recharges the submarine's batteries. Apart from assisting in propulsion, the AIP system on board the submarine can also be used as a backup to supplement the immediate power requirements for the on-board electrical and electronic equipment during an emergency.

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Technavio recognizes the following companies as the key players in the global submarine air-independent propulsion (AIP) systems market: United Shipbuilding Corporation, Saab, thyssenkrupp, and United Technologies

Other Prominent Vendors in the market are: Kawasaki Heavy Industries, SENER, and Siemens.

The latest trend gaining momentum in the market is Development of second-generation submarine AIP batteries and fuel cells. Defense contractors for marine technologies are developing new-generation AIP systems to meet the evolving demands of naval forces. Currently, fuel cell-based AIP systems are the most efficient means to improve the submerged endurance of conventional-propulsion submarines. Therefore, defense contractors are focusing their innovation efforts in the development of next-generation fuel cells and associated batteries for the second-generation fuel cell-based AIP systems.

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According to the report, one of the major drivers for this market is Enhancement in underwater endurance of non-nuclear submarines. While a non-nuclear submarine is submerged underwater, it uses the on-board batteries to power its propulsion systems and other on-board electrical systems. The average endurance of these batteries lasts for a week, after which the batteries need to be recharged by running its engines. To run the engines, the submarine requires contact with the surface atmosphere to intake fresh air and to vent out engine exhaust. This is done by snorkeling, where the submarine positions itself just below the surface of the water and exposes its air intake and exhaust systems to the atmosphere above the surface of the water.

Further, the report states that one of the major factors hindering the growth of this market is Engineering challenges in existing fuel cell technologies. Batteries produce electrical energy because of chemical reactions between the electrodes and the electrolyte. Once the reactants deplete, the battery stops delivering power and needs to be recharged using electrical energy from external sources. In contrast, fuel cells generate electrical energy through electrode reactions and the reactants are not stored in the cells. Therefore, fuel cells can continue to provide power output, if the supply of the fuel and oxidant is maintained. This was considered a huge advantage over the conventional battery technology, but the engineering challenges in designing, developing, and maintaining a fuel cell are posing many difficulties for the implementation of the fuel cell technology.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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