Submarine Combat Systems Market is Forecast to Cross US$ 11.50 Billion Globally By 2022

The global submarine combat systems market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional submarine combat systems market and analyzes the variations in the growth of the industry in certain regions.

The global submarine combat systems market is expected to reach more than US$ 11.67 billion by 2022 and is projected to register a compound annual growth rate (CAGR) of 15.3% during the forecast period.

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The increasing importance of submarines in naval warfare and ongoing submarine upgradation programs are expected to drive the market. In addition, the increased requirement of advances integrated combat systems naval forces globally, and growing application of electronic support measure systems in submarines is driving the market. However, the declining of defense budgets in developed economies, the high maintenance and upgradation costs, and technological issues in the implementation of integrated combat systems for submarines are hampering the growth of the market.

In this report, the global submarine combat systems market is segmented by system, submarine type, and region. The market on the basis of system is segmented into sensors, electronic support measures (ESM), and armaments. On the basis of submarine type, the market is segmented into ship submersible hunter killer (SSK), ship submersible nuclear (SSN), and ship submersible ballistic nuclear (SSBN).

SAAB AB (Sweden), Lockheed Martin Corporation (U.S.), Atlas Elektronik GmbH (Germany) Kongsberg Gruppen ASA (Norway), and General Dynamics Corporation (U.S.) are the most active players in the submarine combat systems market.

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The deep-dive study on the submarine combat systems market will help customers with the identification of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2022.

Table of Contents

1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Submarine Combat Systems Market, By System
8 Submarine Combat Systems Market, By Submarine Type
9 Submarine Combat Systems Market, By Retrofit
10 Submarine Combat Systems Market, By Region
11 Competitive Landscape
12 Company Profiles
12.1 Introduction
12.2 Lockheed Martin Corporation
12.3 Saab AB
12.4 General Dynamics Corporation
12.5 Kongsberg Gruppen ASA
12.6 Atlas Elektronik GmbH
12.7 BAE Systems PLC
12.8 Raytheon Company
12.9 Leonardo-Finmeccanica SAP
12.10 DCNS SA
12.11 Havelsan Inc.

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