DUBLIN--(BUSINESS WIRE)--The "Airborne Detection Systems for Submarines Market, by Type, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2016 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global airborne detection systems for submarines market is projected to reach $930.9 million by 2023,
The market growth is primarily driven by increasing defense budget coupled with the growing number of conflicts among countries sharing sea borders. Countries, across the globe, are focusing on their defense programs and increasing their defense budget for the procurement of warfare equipment.
On the basis of type, the airborne detection systems for submarines market has been categorized into sonobuoys, dipping sonars, radars, magnetic anomaly detection systems. Sonobuoys are estimated to hold the largest share, of 40.0%, in the market in 2017.
Research and development activities are paving the way for innovative technologies that can detect submarines through airborne platforms. Airborne platforms, such as helicopters and fixed-wing aircraft, are equipped with detection systems or sensors for tracking submarines. MAD system is one such recent advancement in the airborne detection systems for submarines market. It is a highly sensitive magnetometer that detects submarines by tracking changes in the Earth's magnetic field caused by submarines.
Globally, North America is estimated to hold the largest share in the airborne detection systems for submarines market in 2017, with the U.S. contributing a significant share to the market. This can be attributed to the fact that some of major manufacturers of airborne detection systems meant for submarines are based in the North American region.
- L3 Ocean systems
- ATLAS ELEKTRONIK GmbH
- BAE Systems plc
- Saab AB
- Raytheon Company
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- Kongsberg Gruppen ASA
- General Dynamics Corporation
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size And Forecast
Chapter 6. North America Market Size And Forecast
Chapter 7. Europe Market Size And Forecast
Chapter 8. APAC Market Size And Forecast
Chapter 9. Row Market Size And Forecast
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
Chapter 12. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/xd9njk/global_airborne?w=4