Mar 21, 2018   SOURCE: PR NewsWire

Global Undersea Warfare Systems Market Report 2018: Market is Anticipated to Reach $11.4 Billion by 2021

Global Undersea Warfare Systems Market Report 2018: Market is Anticipated to Reach $11.4 Billion by 2021

DUBLIN, March 21, 2018 /PRNewswire/ --

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.

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

The underwater environment presents several security challenges to the defense forces due to the presence of undersea threats in the form of unidentified lethal submarines, undersea weapons and sea mines, among others. Therefore, it gives rise to the development and procurement of the undersea warfare systems by various nations in order to counter any underwater threat.

The Undersea warfare systems proves to be beneficial for strengthening the country's naval power. Some of the major undersea warfare systems includes weapons and countermeasures, sensors and sonars, communication systems, unmanned systems, and airborne detection systems. Manufacturers have made various developments, in the field of the undersea warfare systems.

The manufacturers are also collaborating with other companies in order to geographically expand their product offerings across different regions of the globe. Furthermore, the manufacturers have received various contracts from the naval forces of different nations for the procurement of specific undersea warfare systems.

There has been increasing tensions among various nations due to rising wars and conflicts. Therefore, several countries across the globe are putting their efforts to strengthen their military capabilities by increasing their defense spending on military products and equipment.

This also includes the budget for undersea warfare systems to encounter any arising underwater threats from enemy submarines and underwater weapons attacks. As a result, various nations are procuring submarines and anti-submarine warfare frigates which further increases the demand for undersea warfare systems which are required for these platforms in support of carrying out their operations. Therefore, the rising defense spending is one of the biggest driver that is impacting the growth 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/k2fr5p/global_undersea?w=5

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