Air Independent Propulsion Systems for Submarine Industry | Air Independent Propulsion Systems for Submarine Market Analysis by 2021

Market Highlights:
Submarine is a major weapon in the hands of the navy. Traditional diesel-electric submarines have an underwater endurance of only a few days and they need to surface frequently to charge their batteries. As battery technology improved the endurance of these submarines but it was not enough. While underwater, the batteries on board power the propeller and other electrical systems on the submarine. These batteries run out of charge within 4-5 days and needs to recharge them. This is done by snorkelling, which exposes them to detection by enemy radars and makes them an easy target. Hence we need a system which can allow diesel-electric submarines to recharge their batteries without running their engines. This will allow them to continue sailing underwater and remaining undetected. The system which permits all this is Air Independent Propulsion (AIP). Such systems are majorly used for enhancing the performance of small defensive submarines. Moreover, increasing importance of submarines in naval warfare, submarine upgradation programs over the years to drive the market for combat systems, among others can be considered as the indirect factors driving the AIP systems market. The AIP technology can be installed on existing older generation submarines by inserting a new hull section during a retrofit.

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Key Players

SAAB AB (Sweden),
Siemens AG (Germany),
DCNS SA (France),
China Shipbuilding Industry Co., Ltd. (China),
UTC Aerospace Systems (U.S.),
Lockheed Martin Corporation (U.S.),
General Dynamics Corporation (U.S.),
Kongsberg Gruppen ASA (Norway),

Regional Analysis

North America region dominates the global air independent propulsion systems for submarine market followed by Europe, Asia-Pacific. This is mainly due to countries such as U.S., Canada, spending heavily on their navy which ultimately drives the growth of this market. Whereas, the Asia-Pacific economies are projected to drive sixty percent of the global increase in defense acquisition, research and development, and thirty percent of the global defense acquisition budget in the near future.
The report for Global Air Independent Propulsion Systems for Submarine Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

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Study Objectives of Global Air Independent Propulsion Systems for Submarine market
• To provide detailed analysis of the market structure along with forecast till 2030 for the various segments and sub-segments of the Global Air Independent Propulsion Systems for Submarine market.
• To provide insights about factors affecting the market growth
• To Analyse the Global Air Independent Propulsion Systems for Submarine market based on various factors such as supply chain analysis, and Porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by fit, by type, and region.
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Air Independent Propulsion Systems for Submarine market.

The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Intended Audience
• Manufacturing Industries
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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