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Global Undersea Warfare Systems Market to reach USD 25 billion by 2027.

Global Undersea Warfare Systems Market Size study, by Type (Weapons and Countermeasures, Sensors and Sonars, Unmanned Underwater Systems, Communication Systems, Airborne Detection Systems) and Regional Forecasts 2021-2027.

Product Code: SASAAD_64168344
Publish Date: 20-01-2021
Page: 200

Global Undersea Warfare Systems Market is valued approximately USD 19 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4 % over the forecast period 2021-2027. Underwater warfare systems are considered one of the three operational areas of naval warfare, aerial warfare and surface warfare. It comprises methods of engaging and defeating an enemy ship or fleet during battle at sea. The increase in military expenditure, increasing defense modernization programs, and rising disputes between countries over maritime borders are some factors contributing to the market growth. Military expenditure has increased because of rising geopolitical issues and territorial and maritime disputes. For Instance: According to the International Institute of Strategic Studies, global defense spending for 2020 stood at $1.83 trillion, an increase of 3.9 percent in real terms in military modernization. However, environmental challenges due to undersea systems impede the growth of the market over the forecast period of 2021-2027. Also, improvements in underwater technologies are likely to create new opportunities for the Undersea Warfare Systems Market.

Global Undersea Warfare Systems Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technological advancement and major shipping industry located in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising military budget and maritime border disputes between the nation would create profitable growth prospects for the Undersea Warfare Systems market across Asia-Pacific region.

Major market player included in this report are:
Atlas Elektronik Gmbh
BAE Systems
ECA Group
General Dynamics
Harris Corporation
Kongsberg Gruppen ASA
Leonardo SpA
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Weapons and Countermeasures
Sensors and Sonars
Unmanned Underwater Systems
Communication Systems
Airborne Detection Systems
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Undersea Warfare Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Undersea Warfare Systems Market, by region, 2019-2027 (USD Billion)
1.2.2. Undersea Warfare Systems Market, by Type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Undersea Warfare Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Undersea Warfare Systems Market Dynamics
3.1. Undersea Warfare Systems Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increase in military expenditure Rising disputes between countries over maritime borders
3.1.2. Market Challenges Environmental challenges due to undersea systems
3.1.3. Market Opportunities Improvements in underwater technologies
Chapter 4. Global Undersea Warfare Systems Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Undersea Warfare Systems Market, by Type
5.1. Market Snapshot
5.2. Global Undersea Warfare Systems Market by Type, Performance – Potential Analysis
5.3. Global Undersea Warfare Systems Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Undersea Warfare Systems Market, Sub Segment Analysis
5.4.1. Weapons and Countermeasures
5.4.2. Sensors and Sonars
5.4.3. Unmanned Underwater Systems
5.4.4. Communication Systems
5.4.5. Airborne Detection Systems
Chapter 6. Global Undersea Warfare Systems Market, Regional Analysis
6.1. Undersea Warfare Systems Market, Regional Market Snapshot
6.2. North America Undersea Warfare Systems Market
6.2.1. U.S. Undersea Warfare Systems Market Type breakdown estimates & forecasts, 2018-2027
6.2.2. Canada Undersea Warfare Systems Market
6.3. Europe Undersea Warfare Systems Market Snapshot
6.3.1. U.K. Undersea Warfare Systems Market
6.3.2. Germany Undersea Warfare Systems Market
6.3.3. France Undersea Warfare Systems Market
6.3.4. Spain Undersea Warfare Systems Market
6.3.5. Italy Undersea Warfare Systems Market
6.3.6. Rest of Europe Undersea Warfare Systems Market
6.4. Asia-Pacific Undersea Warfare Systems Market Snapshot
6.4.1. China Undersea Warfare Systems Market
6.4.2. India Undersea Warfare Systems Market
6.4.3. Japan Undersea Warfare Systems Market
6.4.4. Australia Undersea Warfare Systems Market
6.4.5. South Korea Undersea Warfare Systems Market
6.4.6. Rest of Asia Pacific Undersea Warfare Systems Market
6.5. Latin America Undersea Warfare Systems Market Snapshot
6.5.1. Brazil Undersea Warfare Systems Market
6.5.2. Mexico Undersea Warfare Systems Market
6.6. Rest of The World Undersea Warfare Systems Market

Chapter 7. Competitive Intelligence
7.1. Top Market Strategies
7.2. Company Profiles
7.3. Atlas Elektronik Gmbh Key Information Overview Financial (Subject to Data Availability) Summary Recent Developments
7.3.2. BAE Systems
7.3.3. ECA Group
7.3.4. General Dynamics
7.3.5. Harris Corporation
7.3.6. Kongsberg Gruppen ASA
7.3.7. Leonardo SpA
7.3.8. Lockheed Martin Corporation
7.3.9. Northrop Grumman Corporation
7.3.10. Raytheon Company
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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