DUBLIN, August 15, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Submarine Payload and Launch Systems 2016-2020" report to their offering.
The global submarine payload and launch systems market is forecast to grow at a CAGR of 4.44% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Advanced undersea warfare will be a key trend for market growth. The defense strategies of most countries rely significantly on their undersea warfare. Stealth submarines and UUVs have emerged as the most viable means of gathering intelligence.
Therefore, undersea warfare is an important element of current and future military operational plans. The submarines and other undersea vehicles have enhanced their stealth and lightweight characteristics due to extensive R&D, wide use of technology, and high-fidelity training. The transition from traditional manned submarines to new unmanned submarines has changed the degree of naval warfare. With greater investments and R&D, the introduction of stealth submarine poses a threat to efficient detection, tracking, and distance-measuring systems.
According to the report, rising investments in submarines will be a key driver for market growth. Many countries are modernizing their naval defense units by manufacturing submarines, surface-mine countermeasure UUVs, and other combat and tactical UUVs. The increase in the number of these assets will simultaneously boost the global development of submarine payloads and launch systems. The vulnerable nature of Asia's security has drawn extensive investments in submarines.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- BAE Systems
- Daewoo Shipbuilding and Marine Engineering
- General Dynamics
- Lockheed Martin
- Northrop Grumman
- Huntington Ingalls Industries
- Kawasaki Heavy Industries
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by submarine type
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/khm94t/global_submarine
Laura Wood, Senior Manager
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SOURCE Research and Markets