Undersea Warfare Systems Market By Type (Weapon Systems, Communication and Surveillance Systems, Sensors and Computation Systems, Countermeasure Systems and Payload, Unmanned Underwater Vehicles), By Mode of Operation (Manned Operations, Autonomous Operat

Undersea Warfare Systems Market By Type (Weapon Systems, Communication and Surveillance Systems, Sensors and Computation Systems, Countermeasure Systems and Payload, Unmanned Underwater Vehicles), By Mode of Operation (Manned Operations, Autonomous Operations, Remotely Operations), By Application (Combat, C4ISR, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Undersea warfare systems can be utilized for several purposes such as surveillance, destruction of enemy military forces, and development of undersea defense infrastructure. Undersea warfare systems include use of undersea weapons, communication, and surveillance systems to establish battlespace dominance in the underwater environment.

Increase in instances of political, economic, or social upheaval among countries or regions has led to growing domestic and intercontinental tensions across the world. Governments have been focusing on increasing integration of undersea weapons to defend growing territorial instabilities, which notably contributes toward the market growth. Moreover, several undersea warfare systems developers are introducing heavyweight torpedoes capable of tracking and destroying underwater targets, thus fostering the growth of the global market. For instance, in August 2020, Naval Group, a French naval defense and marine renewable energy company, developed a new generation heavyweight torpedo named as “F21.” F21 is a high-performance torpedo capable of neutralizing enemy submarines and surface ships. It was developed to replace the ageing F17 mod2 torpedo in the French Navy. F21 torpedo can be operated in deep waters and near coastal areas with high levels of noise and dense shipping.

The growth of the global undersea warfare systems market is driven by surge in demand for stealth undersea warfare systems, government support for strengthening undersea warfare capabilities, and advent of underwater drones for undersea warfare. In addition, introduction of affordable, lightweight, and efficient undersea warfare systems has strengthened the growth of the market. Integration of technologies such as artificial intelligence and machine learning in undersea warfare systems and increase in investments by defense organizations across the world further contribute toward the growth of the global market.

However, factors such as operational complexities associated with undersea unmanned systems and high upfront & operational costs of attack submarines act as key deterrents of the global undersea warfare systems market. Conversely, development of lightweight torpedoes and rise in defense spending across the globe are expected to open new avenues for the expansion of the undersea warfare systems market during the forecast period.

For the purpose of analysis, the global undersea warfare systems market scope covers segmentation based on type, mode of operation, application, and region. The report provides particulars about different types such as weapon systems, communication & surveillances, sensors & computation systems, countermeasure systems & payload, and unmanned underwater vehicles. Manned operation, autonomous operation, and remote operations are the various types of mode of operations covered in this study. In addition, it outlines the details about various applications such as combat, C4ISR, and others. Moreover, it analyzes the current market trends of undersea warfare systems across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

KEY BENEFITS FOR STAKEHOLDERS

This study presents the analytical depiction of the global undersea warfare systems market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall undersea warfare systems market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global undersea warfare systems market with a detailed impact analysis.
The current undersea warfare systems market is quantitatively analyzed from 2022 to 2031 to benchmark financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments


By Type

Communication and Surveillance Systems
Sensors and Computation Systems
Countermeasure Systems and Payload
Unmanned Underwater Vehicles
Weapon Systems

By Mode of Operation

Manned Operations
Autonomous Operations
Remotely Operations

By Application

Combat
C4ISR
Others

By Region

North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players

BAE Systems Plc
General Dynamics Corporation
Kongsberg Gruppen
L3Harris Technologies, Inc.
Leonardo S.p.A.
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Saab AB
Thales Group