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Global Undersea Warfare Systems Market 2017-2021: North America Dominates the Market with asia-Pacific Expected to Grow at the Highest Rate

Dublin, March 21, 2018 (GLOBE NEWSWIRE) -- The "Global Undersea Warfare Systems Market: Focus on Weapons and Countermeasures, Sensors and Sonars, Unmanned Underwater systems, Communication Systems and Airborne Detection systems - Analysis and Forecast 2017-2021" report has been added to ResearchAndMarkets.com's offering.

The global undersea warfare systems market is expected to reach over $11,393.6 million by 2021

Owing to the rising defense spending to strengthen the country's military capabilities for encountering any kind of enemy attacks, including the threats from underwater attacks, the global undersea warfare systems market is expected to grow significantly at a CAGR of 6.6% during the forecast period 2017-2021.

The global undersea warfare systems market majorly focuses on the types that include weapons & countermeasures, unmanned underwater systems, sensors & sonars, communication systems, and airborne detection systems. The weapons and countermeasures acquired the highest market share, in 2017 and is estimated to continue its dominance till 2021.

The reason for such strong market share is attributed to the high cost of weapon and countermeasure systems as compared with the other undersea warfare systems. However, the market of the unmanned underwater systems is estimated to grow with the highest CAGR, during the forecast period 2017-2021 due to the advancements in the underwater technologies.

North America is expected to dominate the global undersea warfare systems market, however, Asia-Pacific is expected to grow with the highest CAGR, during 2016-2021.

ATLAS ELEKTRONIK GmbH, BAE Systems plc., ECA Group, General Dynamics, Harris Corporation, Kongsberg Gruppen, Leonardo, Lockheed Martin, Northrop Grumman, Raytheon Company, S.A. de Electronica Submarina (SAES), Saab AB, Thales Group, Boeing and Ultra Electronics, among others are the major players of the global undersea warfare systems market.

Key Topics Covered:

Executive Summary

1 Scope & Research Methodology
1.1 Research Scope
1.2 Global Undersea Warfare Systems Market: Research Methodology

2 Market Dynamics
2.1 Market Drivers
2.1.1 Rising Defense Spending
2.1.2 Threats from Enemy Underwater Weapons Systems
2.2 Market Challenges
2.2.1 Environmental Challenges due to Undersea Systems
2.2.2 Navigational and Operational Complexities with Undersea Unmanned Systems
2.3 Market Opportunities
2.3.1 Development of Airborne Detection Systems
2.3.2 Improvements in Underwater Technologies

3 Competitive Insights
3.1 Competitive Landscape
3.2 Market Key Strategies and Developments
3.3 Key Strategies and Developments
3.3.1 Partnerships, Agreements, and Contracts
3.3.2 Product Launches
3.3.3 Mergers and Acquisitions
3.3.4 Other Developments
3.4 Competitive Benchmarking Map
3.5 Industry Attractiveness: Porter's Five Forces Analysis

4 Industry Analysis
4.1 Military Expenditure on Unmanned Systems
4.2 Share of Submarine Fleet by Country
4.3 Product Pricing Analysis of Undersea Warfare Systems
4.4 Value Chain Analysis

5 Global Undersea Warfare Systems Market, 2017-2021
5.1 Assumptions and Limitations
5.2 Market Overview

6 Global Undersea Warfare Systems Market by Type
6.1 Market Overview
6.2 Weapons and Countermeasures
6.3 Sensors and Sonars
6.4 Unmanned Underwater Systems
6.4.1 Remotely Operated Vehicles (ROVs)
6.4.2 Autonomous Underwater Vehicles (AUVs)
6.4.3 Hybrid Unmanned Underwater Vehicles
6.5 Communication Systems
6.6 Airborne Detection Systems
6.6.1 Sonobuoys
6.6.2 Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS)
6.6.3 Radio Detection and Ranging (RADAR)
6.6.4 Magnetic Anomaly Detection (MAD) Systems

7 Global Undersea Warfare systems Market by Region

8 Company Profiles

  • Atlas Elektronik Gmbh
  • BAE Systems plc.
  • Boeing
  • ECA Group
  • General Dynamics
  • Harris Corporation
  • Kongsberg Gruppen
  • Leonardo DRS
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Raytheon Inc.
  • S.A. de Electronica Submarina (SAES)
  • Saab
  • Thales Group
  • Ultra-Electronics

For more information about this report visit https://www.researchandmarkets.com/research/x8l6pf/global_undersea?w=12

                    
                    
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