Undersea Warfare Systems Market By System Type (Detection Systems, Weapons, Communication Systems, Counter Measure Systems) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

The defense sector has always been a front-runner in adoption of advanced defense technologies. Embracing latest technologies not only helps various countries to reduce fatalities but also to gain a competitive edge over other countries. The undersea warfare space has witnessed drastic technological developments in the recent past. Technologies which were earlier just prototypes have now been turned into actual defense systems. With evolution of combat technologies, countermeasure systems too have evolved in defense sector. Amongst these, sonar has been one of the most remarkable areas witnessing attention from numerous manufacturers and R&D agencies.

Growing disputes between countries over maritime borders is one of the primary factors driving undersea warfare systems market growth. The magnitude of these conflicts can be understood from the fact that out of over 500 potential maritime boundaries, less than half of them have been agreed upon. This have created an environment of uncertainty and further created the possibility for disputes. Some of the recent instances of maritime border disputes include:

  • Kenya and Somalia
  • Australia and Timor-Leste
  • South China Sea dispute

These growing tensions have resulted in various countries to invest heavily in acquiring the latest of undersea warfare systems, thus spurring the market growth. Moreover, defense modernization programs is another important factor driving the undersea warfare systems market growth. Countries such as the U.S., Germany, the U.K and China have been consistent in spending over modernization of their navies. This is expected to continue having positive impact on undersea warfare systems market in the following years.

Undersea Warfare Systems Market

The report titled “Undersea Warfare Systems Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” presents an in depth analysis of the dynamics existing in the undersea warfare systems market. The market size in terms of value (US$ Bn) has been provided for the period starting from 2015 to 2025. The research study extensively covers the market segments based on system type and further analyses different geographies and sub-geographical regions. In addition, the study covers a section on market dynamics including major market drivers, restraints and opportunities impacting the market. A section pertaining to current trends has also been included in the report.

The competitive analysis section covers profiles of the leading undersea warfare system vendors, the business strategies adopted by them, key developments and their market positioning. Some of the leading players profiled in the report are Northrup Grumman Corporation, Lockheed Martin Corporation, Boeing Company, QinetiQ Limited, General Dynamics Corporation, BAE Systems Plc., Saab Group, Textron, Inc., Safran SA, Thales Group and Elbit Systems Ltd. among others. The in-depth analysis covered in the report focuses on:

  • Latest and future market trends impacting the global undersea warfare systems market
  • Extensive coverage of the different segments and their comparative analysis
  • Market drivers, restraints and opportunities
  • Market positioning of the leading undersea warfare system players and their business strategies
  • Historic 2 years market size data (2015 – 2016)

Overall, the research study holistically covers the global undersea warfare systems market and offers market size and forecast estimation for the period from 2017 to 2025, with respect to the above mentioned factors.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Published Date:  Dec 2017
Category:  Aerospace & defense
Report ID:   58877
Report Format:   PDF
Pages:   120
Rating:    4.2 (50)
Delivery Time: 24 Hours to 48 Hours   
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