DUBLIN--(BUSINESS WIRE)--The "Global Submarine Combat Systems Market Research Report, Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global submarine combat systems market is expected to rise with the CAGR of about 15% during the forecast period.
The combat system supports in the transformative and reactive operating processes and gives rise to basic control hierarchy. Increasing importance of submarines in naval warfare, ongoing submarine upgradation programs and increasing investments in maritime security are the key driving factors for the growth in the market.
Asia-Pacific accounted for the largest market share in terms of revenue for the submarine combat systems market in 2016 followed by North America and Europe. The Asia-Pacific region is projected to dominate the submarine combat systems market during the forecast period. In addition, localization of submarine manufacture and submarine based combat systems are the key drivers for the growth of this market in this region. Further, Europe is expected to witness highest growth in the market during the forecast period.
Global submarine combat systems market report covers segmentation analysis by system and submarine type. The market on the basis of system is segmented into sensors, electronic support measures (ESM) and armaments. On the basis of sub-segment, armaments of systems segment was estimated to have captured the largest market share of the submarine combat systems market in 2016. Armaments sub-segment is further categorized into torpedoes, cruise missiles, and ballistic missiles. 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).
- Lockheed Martin Corporation
- SAAB AB
- Kongsberg Gruppen
- General Dynamics Corporation
- Atlas Elektronik GmbH
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographic Analysis
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/7v56pm/global_submarine?w=4