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Submarine-Global Market Insights and Sales Trends 2025
Synopsis
A submarine is an underwater naval platform that can stay submerged for extended periods and is deployed for multiple defense functions. It is considered crucial for a nation’s maritime security and is used for both offensive and defensive purposes. Submarines are designed for greater agility and stealth capabilities. These vessels are armed with powerful weapons such as missiles and torpedoes.
The global Submarine market size is expected to reach US$ 29180 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Submarine in various end use industries. The expanding demands from the Surveillance and Reconnaissance, Intelligence Gathering, Patrolling and Others, are propelling Submarine market. Nuclear-Powered Attack Submarine (SSN), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Nuclear-Powered Ballistic Missile Submarine (SSBN) segment is estimated at % CAGR for the next seven-year period.
The growing demand for unmanned underwater vehicles (UUVs) has been a key growth driver for this market. UUVs have extensive applications in naval intelligence, mine countermeasures operations, surveillance and reconnaissance, and anti-submarine warfare missions. In maritime operations, UUVs are primarily designed for underwater surveillance, hull inspection, dock inspections, and underwater mines deactivation. Also, these UUVs are fitted with high-definition cameras that send visual data from the UUV to the operator. With better images and improved control of the vehicle, a better inspection of the underwater environment is possible which aids in naval operations. Recently, there has been an increased usage of these unmanned vehicles for electronic attack, communication transfer, combat, search, and rescue missions, and C4ISR operations. Thus, the increasing activities related to seabed mapping and mining will propel the market for submarines during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Submarine, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Submarine market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Submarine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Submarine sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Submarine covered in this report include BAE Systems, Daewoo Shipbuilding & Marine Engineering, General Dynamics Electric Boat, Huntington Ingalls Industries, Kawasaki Heavy Industries, Lockheed Martin, Mitsubishi Heavy Industries and Saab, etc.
The global Submarine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BAE Systems
Daewoo Shipbuilding & Marine Engineering
General Dynamics Electric Boat
Huntington Ingalls Industries
Kawasaki Heavy Industries
Lockheed Martin
Mitsubishi Heavy Industries
Saab
Global Submarine market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Submarine market, Segment by Type:
Nuclear-Powered Attack Submarine (SSN)
Nuclear-Powered Ballistic Missile Submarine (SSBN)
Kilo-Class Submarine (SSK)
Global Submarine market, by Application
Surveillance and Reconnaissance
Intelligence Gathering
Patrolling
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Submarine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Submarine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A submarine is an underwater naval platform that can stay submerged for extended periods and is deployed for multiple defense functions. It is considered crucial for a nation’s maritime security and is used for both offensive and defensive purposes. Submarines are designed for greater agility and stealth capabilities. These vessels are armed with powerful weapons such as missiles and torpedoes.
The global Submarine market size is expected to reach US$ 29180 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Submarine in various end use industries. The expanding demands from the Surveillance and Reconnaissance, Intelligence Gathering, Patrolling and Others, are propelling Submarine market. Nuclear-Powered Attack Submarine (SSN), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Nuclear-Powered Ballistic Missile Submarine (SSBN) segment is estimated at % CAGR for the next seven-year period.
The growing demand for unmanned underwater vehicles (UUVs) has been a key growth driver for this market. UUVs have extensive applications in naval intelligence, mine countermeasures operations, surveillance and reconnaissance, and anti-submarine warfare missions. In maritime operations, UUVs are primarily designed for underwater surveillance, hull inspection, dock inspections, and underwater mines deactivation. Also, these UUVs are fitted with high-definition cameras that send visual data from the UUV to the operator. With better images and improved control of the vehicle, a better inspection of the underwater environment is possible which aids in naval operations. Recently, there has been an increased usage of these unmanned vehicles for electronic attack, communication transfer, combat, search, and rescue missions, and C4ISR operations. Thus, the increasing activities related to seabed mapping and mining will propel the market for submarines during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Submarine, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Submarine market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Submarine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Submarine sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Submarine covered in this report include BAE Systems, Daewoo Shipbuilding & Marine Engineering, General Dynamics Electric Boat, Huntington Ingalls Industries, Kawasaki Heavy Industries, Lockheed Martin, Mitsubishi Heavy Industries and Saab, etc.
The global Submarine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BAE Systems
Daewoo Shipbuilding & Marine Engineering
General Dynamics Electric Boat
Huntington Ingalls Industries
Kawasaki Heavy Industries
Lockheed Martin
Mitsubishi Heavy Industries
Saab
Global Submarine market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Submarine market, Segment by Type:
Nuclear-Powered Attack Submarine (SSN)
Nuclear-Powered Ballistic Missile Submarine (SSBN)
Kilo-Class Submarine (SSK)
Global Submarine market, by Application
Surveillance and Reconnaissance
Intelligence Gathering
Patrolling
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Submarine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Submarine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Submarine Market Overview
1.1 Submarine Product Overview
1.2 Submarine Market Segment by Type
1.2.1 Nuclear-Powered Attack Submarine (SSN)
1.2.2 Nuclear-Powered Ballistic Missile Submarine (SSBN)
1.2.3 Kilo-Class Submarine (SSK)
1.3 Global Submarine Market Size by Type
1.3.1 Global Submarine Market Size Overview by Type (2018-2029)
1.3.2 Global Submarine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Submarine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Submarine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Submarine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Submarine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Submarine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Submarine Sales Breakdown by Type (2018-2023)
2 Global Submarine Market Competition by Company
2.1 Global Top Players by Submarine Sales (2018-2023)
2.2 Global Top Players by Submarine Revenue (2018-2023)
2.3 Global Top Players by Submarine Price (2018-2023)
2.4 Global Top Manufacturers Submarine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Submarine Market Competitive Situation and Trends
2.5.1 Submarine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Submarine Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Submarine as of 2022)
2.7 Date of Key Manufacturers Enter into Submarine Market
2.8 Key Manufacturers Submarine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Submarine Status and Outlook by Region
3.1 Global Submarine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Submarine Historic Market Size by Region
3.2.1 Global Submarine Sales in Volume by Region (2018-2023)
3.2.2 Global Submarine Sales in Value by Region (2018-2023)
3.2.3 Global Submarine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Submarine Forecasted Market Size by Region
3.3.1 Global Submarine Sales in Volume by Region (2024-2029)
3.3.2 Global Submarine Sales in Value by Region (2024-2029)
3.3.3 Global Submarine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Submarine by Application
4.1 Submarine Market Segment by Application
4.1.1 Surveillance and Reconnaissance
4.1.2 Intelligence Gathering
4.1.3 Patrolling
4.1.4 Others
4.2 Global Submarine Market Size by Application
4.2.1 Global Submarine Market Size Overview by Application (2018-2029)
4.2.2 Global Submarine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Submarine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Submarine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Submarine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Submarine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Submarine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Submarine Sales Breakdown by Application (2018-2023)
5 North America Submarine by Country
5.1 North America Submarine Historic Market Size by Country
5.1.1 North America Submarine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Submarine Sales in Volume by Country (2018-2023)
5.1.3 North America Submarine Sales in Value by Country (2018-2023)
5.2 North America Submarine Forecasted Market Size by Country
5.2.1 North America Submarine Sales in Volume by Country (2024-2029)
5.2.2 North America Submarine Sales in Value by Country (2024-2029)
6 Europe Submarine by Country
6.1 Europe Submarine Historic Market Size by Country
6.1.1 Europe Submarine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Submarine Sales in Volume by Country (2018-2023)
6.1.3 Europe Submarine Sales in Value by Country (2018-2023)
6.2 Europe Submarine Forecasted Market Size by Country
6.2.1 Europe Submarine Sales in Volume by Country (2024-2029)
6.2.2 Europe Submarine Sales in Value by Country (2024-2029)
7 Asia-Pacific Submarine by Region
7.1 Asia-Pacific Submarine Historic Market Size by Region
7.1.1 Asia-Pacific Submarine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Submarine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Submarine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Submarine Forecasted Market Size by Region
7.2.1 Asia-Pacific Submarine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Submarine Sales in Value by Region (2024-2029)
8 Latin America Submarine by Country
8.1 Latin America Submarine Historic Market Size by Country
8.1.1 Latin America Submarine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Submarine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Submarine Sales in Value by Country (2018-2023)
8.2 Latin America Submarine Forecasted Market Size by Country
8.2.1 Latin America Submarine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Submarine Sales in Value by Country (2024-2029)
9 Middle East and Africa Submarine by Country
9.1 Middle East and Africa Submarine Historic Market Size by Country
9.1.1 Middle East and Africa Submarine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Submarine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Submarine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Submarine Forecasted Market Size by Country
9.2.1 Middle East and Africa Submarine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Submarine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BAE Systems
10.1.1 BAE Systems Company Information
10.1.2 BAE Systems Introduction and Business Overview
10.1.3 BAE Systems Submarine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BAE Systems Submarine Products Offered
10.1.5 BAE Systems Recent Development
10.2 Daewoo Shipbuilding & Marine Engineering
10.2.1 Daewoo Shipbuilding & Marine Engineering Company Information
10.2.2 Daewoo Shipbuilding & Marine Engineering Introduction and Business Overview
10.2.3 Daewoo Shipbuilding & Marine Engineering Submarine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Daewoo Shipbuilding & Marine Engineering Submarine Products Offered
10.2.5 Daewoo Shipbuilding & Marine Engineering Recent Development
10.3 General Dynamics Electric Boat
10.3.1 General Dynamics Electric Boat Company Information
10.3.2 General Dynamics Electric Boat Introduction and Business Overview
10.3.3 General Dynamics Electric Boat Submarine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 General Dynamics Electric Boat Submarine Products Offered
10.3.5 General Dynamics Electric Boat Recent Development
10.4 Huntington Ingalls Industries
10.4.1 Huntington Ingalls Industries Company Information
10.4.2 Huntington Ingalls Industries Introduction and Business Overview
10.4.3 Huntington Ingalls Industries Submarine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Huntington Ingalls Industries Submarine Products Offered
10.4.5 Huntington Ingalls Industries Recent Development
10.5 Kawasaki Heavy Industries
10.5.1 Kawasaki Heavy Industries Company Information
10.5.2 Kawasaki Heavy Industries Introduction and Business Overview
10.5.3 Kawasaki Heavy Industries Submarine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kawasaki Heavy Industries Submarine Products Offered
10.5.5 Kawasaki Heavy Industries Recent Development
10.6 Lockheed Martin
10.6.1 Lockheed Martin Company Information
10.6.2 Lockheed Martin Introduction and Business Overview
10.6.3 Lockheed Martin Submarine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lockheed Martin Submarine Products Offered
10.6.5 Lockheed Martin Recent Development
10.7 Mitsubishi Heavy Industries
10.7.1 Mitsubishi Heavy Industries Company Information
10.7.2 Mitsubishi Heavy Industries Introduction and Business Overview
10.7.3 Mitsubishi Heavy Industries Submarine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mitsubishi Heavy Industries Submarine Products Offered
10.7.5 Mitsubishi Heavy Industries Recent Development
10.8 Saab
10.8.1 Saab Company Information
10.8.2 Saab Introduction and Business Overview
10.8.3 Saab Submarine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Saab Submarine Products Offered
10.8.5 Saab Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Submarine Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Submarine Industrial Chain Analysis
11.4 Submarine Market Dynamics
11.4.1 Submarine Industry Trends
11.4.2 Submarine Market Drivers
11.4.3 Submarine Market Challenges
11.4.4 Submarine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Submarine Distributors
12.3 Submarine Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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