Submarine Combat System Market Report: Trends, Forecast and Competitive Analysis to 2030

Submarine Combat System Market Report: Trends, Forecast and Competitive Analysis to 2030

Submarine Combat System Trends and Forecast

The future of the global submarine combat system market looks promising with opportunities in the ship submersible nuclear, ship submersible ballistic nuclear, and ship submersible hunter killer markets. The global submarine combat system market is expected to reach an estimated $22.9 billion by 2030 with a CAGR of 15.7% from 2024 to 2030. The major drivers for this market are rising demand for state-of-the-art integrated combat systems among naval forces worldwide and surging utilization of electronic support measures systems (ESMs) in submarine operations.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Submarine Combat System by Segment

The study includes a forecast for the global submarine combat system by system, submarine, and region.

Submarine Combat System Market by System [Shipment Analysis by Value from 2018 to 2030]:

• Electronic Support Measures (ESM)
• Armaments
• Sensors

Submarine Combat System Market by Submarine [Shipment Analysis by Value from 2018 to 2030]:

• Ship Submersible Nuclear (SSN)
• Ship Submersible Ballistic Nuclear (SSBN)
• Ship Submersible Hunter Killer (SSK)

Submarine Combat System Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Submarine Combat System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies submarine combat system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the submarine combat system companies profiled in this report include-

• ThyssenKrupp Marine Systems
• Lockheed Martin
• Havelsan
• Kongsberg Gruppen
• Thales
• General Dynamics
• Raytheon
• Saab
• BAE Systems
• Atlas Elektronik

Submarine Combat System Market Insights

Lucintel forecasts that armament is expected to witness the highest growth over the forecast period.

Within this market, ship submersible hunter killer is expected to witness the highest growth.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Submarine Combat System Market

Market Size Estimates: Submarine combat system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Submarine combat system market size by system, submarine, and region in terms of value ($B).

Regional Analysis: Submarine combat system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different systems, submarines, and regions for the submarine combat system market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the submarine combat system market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the submarine combat system market size?

Answer: The global submarine combat system market is expected to reach an estimated $22.9 billion by 2030.

Q2. What is the growth forecast for submarine combat system market?

Answer: The global submarine combat system market is expected to grow with a CAGR of 15.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the submarine combat system market?

Answer: The major drivers for this market are rising demand for state-of-the-art integrated combat systems among naval forces worldwide and surging utilization of electronic support measures systems (ESMs) in submarine operations.

Q4. What are the major segments for submarine combat system market?

Answer: The future of the submarine combat system market looks promising with opportunities in the ship submersible nuclear, ship submersible ballistic nuclear, and ship submersible hunter killer markets.

Q5. Who are the key submarine combat system market companies?

Answer: Some of the key submarine combat system companies are as follows:

• ThyssenKrupp Marine Systems
• Lockheed Martin
• Havelsan
• Kongsberg Gruppen
• Thales
• General Dynamics
• Raytheon
• Saab
• BAE Systems
• Atlas Elektronik

Q6. Which submarine combat system market segment will be the largest in future?

Answer: Lucintel forecasts that armament is expected to witness the highest growth over the forecast period.

Q7. In submarine combat system market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the submarine combat system market by system (electronic support measures (ESM), armaments, and sensors), submarine (ship submersible nuclear (SSN), ship submersible ballistic nuclear (SSBN), and ship submersible hunter killer (SSK)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?