Global Submarine Air-Independent Propulsion (AIP) Systems Market Growth 2023-2029

Global Submarine Air-Independent Propulsion (AIP) Systems Market Growth 2023-2029

Submarines are the most powerful vessel for performing underwater stealth operations such as anti-submarine warfare. During such secretive activities, submarines need to be silent in order to remain undetected from the enemy forces. Propulsion system plays an extremely important role in the functioning of a submarine for the completion of its desired operations. Majorly nuclear submarines are used due to their capability of performing extended operations. These propulsion system equipped submarines are expensive and generate a high level of noise which becomes a major threat. Therefore, diesel-electric submarines are used by several countries as they are silent and suitable for performing activities in littoral surfaces. Diesel-electric submarines have to get back on the surface to get fresh oxygen in order to recharge their batteries through diesel engines. This exposes such conventional submarines to the enemy radars and increases the chances of getting attacked.

LPI (LP Information)' newest research report, the “Submarine Air-Independent Propulsion (AIP) Systems Industry Forecast” looks at past sales and reviews total world Submarine Air-Independent Propulsion (AIP) Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Submarine Air-Independent Propulsion (AIP) Systems sales for 2023 through 2029. With Submarine Air-Independent Propulsion (AIP) Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Submarine Air-Independent Propulsion (AIP) Systems industry.

This Insight Report provides a comprehensive analysis of the global Submarine Air-Independent Propulsion (AIP) Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Submarine Air-Independent Propulsion (AIP) Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Submarine Air-Independent Propulsion (AIP) Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Submarine Air-Independent Propulsion (AIP) Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Submarine Air-Independent Propulsion (AIP) Systems.

The global Submarine Air-Independent Propulsion (AIP) Systems market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Enhancement in underwater endurance of non-nuclear submarines will be one of the major factors that will have a positive impact on the growth of the market. The engines of the submarine require contact with the surface atmosphere to intake fresh air and to vent out engine exhaust. An AIP system helps a submarine to recharge its batteries without the need to contact surface atmosphere. Due to this, the submarine's snorkeling frequencies reduce and its underwater endurance increases. Owing to such benefits for the implementation of submarine AIP systems by armed forces globally, will propel the market growth.

This report presents a comprehensive overview, market shares, and growth opportunities of Submarine Air-Independent Propulsion (AIP) Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Stirling Engine Submarine AIP Systems
Fuel Cell Submarine AIP Systems

Segmentation by application
Line Fit
Retro Fit

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
United Shipbuilding Corporation
Saab
Thyssenkrupp
Kawasaki Heavy Industries
SENER
Siemens

Key Questions Addressed in this Report

What is the 10-year outlook for the global Submarine Air-Independent Propulsion (AIP) Systems market?

What factors are driving Submarine Air-Independent Propulsion (AIP) Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Submarine Air-Independent Propulsion (AIP) Systems market opportunities vary by end market size?

How does Submarine Air-Independent Propulsion (AIP) Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.