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Submarine Combat System Market Share

  • Report ID: GMI3054
  • Published Date: Mar 2020
  • Report Format: PDF
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Submarine Combat System Market Share

The companies operating in the market are focusing on strategic partnerships and collaborations with industry participants and government organizations to expand their market shares. For instance, in March 2019, Naval Group and the Australia Defense sector signed a strategic submarine design agreement that includes more than 100 major and critical components that will contribute to an effective submarine design solution. The contract was signed for attack class submarines for the Australian fleet that will enhance market share over the coming years.
 

Some of the major market players include

  • Lockheed Martin Corporation
  • Atlas Elektronik GmbH
  • Thales Group
  • Saab AB
  • Raytheon Company
  • BAE Systems Plc
  • Kongsberg
  • Naval Group
  • Leonardo S.p.A
  • HAVELSAN, Inc.
  • Safran
  • General Dynamics
  • ThyssenKrupp Marine Systems
Authors: Suraj Gujar, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of submarine combat system valued at USD 4 billion in 2019.

The industry share of submarine combat system is anticipated to witness over 7% CAGR from 2020 to 2026.

Asia Pacific held a market share of over 35% in 2019 on account of the presence of a large submarine fleet of approximately 239 submarines.

Some of the major market players include Lockheed Martin Corporation, Atlas Elektronik GmbH, Thales Group, Saab AB, Raytheon Company, BAE Systems Plc, Kongsberg, Naval Group, Leonardo S.p.A, HAVELSAN, Inc., Safran, General Dynamics, and ThyssenKrupp Marine Systems.

The ballistic missiles segment is set to expand at around 5% between 2020 and 2026 impelled by increasing procurement by U.S. and Canada to enhance the weapon system fleet that will help to safeguard the nation.

The torpedoes weapon segment in the China submarine combat system market will hold a considerable revenue share through 2026 owing to its additional ability of being deployable in both below and above water levels.

Submarine Combat System Market Scope

  • Submarine Combat System Market Size
  • Submarine Combat System Market Analysis
  • Submarine Combat System Market Share

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    • Base Year: 2019
    • Companies covered: 13
    • Tables & Figures: 198
    • Countries covered: 20
    • Pages: 200
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