DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Submarine Combat Systems Market - Global Forecast to 2022" report to their offering.
The submarine combat systems market is estimated to be valued at USD 4.97 Billion in 2016 and reach USD 11.67 Billion in 2022, at a CAGR of 15.3%. The growth in the Asia-Pacific and European regions is attributed to the acquisitions of new submarines and submarine upgradation programs in some countries. The increasing focus on maritime security and submarine upgradation programs are the major drivers in the submarine combat systems market.
Based on systems, submarine combat systems are classified into sensors, electronic support measures, and armaments. The armament systems segment is expected to growth at highest rate. The increase in new submarine orders along with the replacement of obsolete armaments are expected to drive this market. Electronic support measures are an essential part of submarine combat systems to increase the survivability and stealth features of submarines and hence this segment is expected to witness growth during the forecast period.
Submarine combat systems by submarine types, include, Ship Submersible Hunter Killer (SSK), Ship Submersible Nuclear (SSN), and Ship Submersible Ballistic Nuclear (SSBN). By operation, SSK submarines are the largest in number in operation around the world. The other types of submarines are limited to a few countries that have the technologies to design the SSN and SSBN submarines. The U.S., the U.K., France, Russia, and China are operators of SSN and SSBN submarines.
- Atlas Elektronik Gmbh
- Bae Systems Plc
- Dcns Sa
- General Dynamics Corporation
- Havelsan Inc.
- Kongsberg Gruppen Asa
- Leonardo-Finmeccanica Spa
- Lockheed Martin Corporation
- Raytheon Company
Key Topics Covered:
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
For more information about this report visit http://www.researchandmarkets.com/research/rfz5kq/submarine_combat