Albany, New York, December 16, 2016: Market Research Hub (MRH) has recently added a new research study on “Global Undersea Warfare Systems Market Research Report 2016”. The report offers a detailed analysis of the industry especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for undersea warfare systems equipment, key market trends, and challenges faced by industry participants.
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In market demand for Undersea Warfare (USW) systems is expected to be driven by growing disputes over maritime borders, offshore resources and trade routes. Maritime technology New developments such as unmanned vehicles and maritime robots, stealth submarines, enhanced detection ranges of sonar, undersea communications and network centric warfare etc, and anticipated to encourage investment in RandD projects. Counter A2/AD and Anti-access area denial (A2/AD) are becoming a vital part of maritime strategies employed by major navies across the world and undersea warfare is expected to regain its prominence.
The global undersea warfare systems market is expected to grow at a CAGR of 5.36% over the forecast period. Market consists of four categories:
- Combat Systems
- Manned & Unmanned Systems
- Communication & Countermeasures
It is expected to be dominated by the Combat Systems segment, followed by Manned & Unmanned Systems and Sensors. The North American region is forecasted to dominate the sector with a share of 33.5%, followed by the Asia-Pacific market, which is dominated by China, India, Japan and South Korea. Russia, France and the UK account for major market share in the European region.
Highlights of the report:
- Undersea Warfare Systems Market Overview
- Global Undersea Warfare Systems Market Competition by Manufacturers
- Global Undersea Warfare Systems Production, Revenue (Value) by Region
- Global Undersea Warfare Systems Supply (Production), Consumption, Export, Import by Regions
- Global Undersea Warfare Systems Production, Revenue (Value), Price Trend by Type
- Global Undersea Warfare Systems Market Analysis by Application
- Global Undersea Warfare Systems Manufacturers Profiles/Analysis
- Undersea Warfare Systems Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
Companies Mentioned are Northrop Grumman, Lockheed Martin Corporation, The Boeing Company, General Dynamics Corporation, BAE Systems plc, Saab AB, Thales Group, ECA Group, Kongsberg Gruppen, Harris Corporation, Raytheon Company, Ultra Electronics Corporation, DRS Technologies Inc., ATLAS ELEKTRONIK GmbH, S.A. de Electronica Submarina (SAES).
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