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The Global Submarine Market 2014-2024 - Market Size and Drivers: Market Profile

LONDON, Aug. 11, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:

The Global Submarine Market 2014-2024 - Market Size and Drivers: Market Profile



This report provides readers with a comprehensive analysis of the Submarine market through 2014-2024, including highlights of the demand drivers and growth stimulators for Submarine. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.


The global submarine market is expected to value US$19 billion in 2014, and increase at a CAGR of 5.19% during the forecast period, to reach US$31.5 billion by 2024. The market consists of three categories: SSN, SSBN, and SSK.

Reasons To Buy

"The Global Submarine Market 2014-2024 - Market Size and Drivers: Market Profile" allows you to:

• Gain insight into the Submarine market with current and forecast market values.
• Understand the key drivers and attractiveness parameters of the global Submarine market.
• Understand the various factors impacting the growth of the Submarine market.
Table of Contents
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Global Submarine market Size and Drivers
2.1 Submarine Market Size and Forecast 2014-2024
2.1.1 Demand for submarines to grow at a CAGR of 5.19%
2.2 Global Submarine Market – Regional Analysis
2.2.1 North America leads the global submarine market
2.2.2 Submarine expenditure in North America set to experience nominal growth
2.2.3 Asia Pacific Submarine market to be the second largest market globally
2.2.4 Submarine market in Europe expected to grow at a CAGR of 7.10%
2.2.5 Brazil expected to be the highest spender in the submarine sector in Latin America
2.2.6 African submarine market to be negligible as large defense spenders have recently completed submarine acquisitions
2.2.7 Middle Eastern submarine market to be robust during the forecast period
2.3 Submarine Sub–Sector Market Size Composition
2.3.1 SSNs are expected to have the largest share of the total submarine market during the forecast period
2.3.2 Demand for SSKs expected to fall during the forecast period
2.3.3 Market for ballistic missile submarines to record a CAGR of 8.66% during the forecast period
2.4 Demand Drivers and Growth Stimulators
2.4.1 Robust procurement plans in Asia to drive market growth
2.4.2 Replacement of obsolete submarines is expected to drive the demand
2.4.3 Maritime security threats fuel the global demand for submarines
2.5 Defense Budget Spending Review
2.5.1 European capital expenditure expected to increase during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 North American defense expenditure projected to increase marginally during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Financial constraints causing delays in European defense modernization programs
2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
2.6.3 Global economic slowdown leading to defense budget cuts in the North American region
2.6.4 Need to replace aging equipment driving South American defense expenditure
2.6.5 Security threats increasing the defense budget of African countries
2.6.6 Demand for air defense systems is likely to increase in the Middle East
3 Appendix
3.1 Methodology
3.2 About SDI
3.3 Disclaimer

List of Tables

Table 1: Global Submarine Market Overview
Table 2: Global Submarine Market Overview

List of Figures

Figure 1: Global Submarine Market (US$ Billion), 2014–2024
Figure 2: Submarine Market Breakdown by Region (%), 2014–2024
Figure 3: North American Submarine Market (US$ Billion), 2014–2024
Figure 4: Asia-Pacific Submarine Market (US$ Billion), 2014-2024
Figure 5: European Submarine Market (US$ Billion), 2014–2024
Figure 6: Latin American Submarine Market (US$ Million), 2014–2024
Figure 7: African Submarine Market (US$ Million), 2014-2024
Figure 8: Middle East Submarine Market (US$ Million), 2014–2024
Figure 9: Submarine Market Breakdown by Segment (%), 2014–2024
Figure 10: SSN Market Size (US$ Billion), 2014–2024
Figure 11: SSK Market Size (US$ Billion), 2014–2024
Figure 12: SSBN Market Size (US$ Billion), 2014–2024
Figure 13: Defense Capital Expenditure of Top Three European Defense Spenders (US$ Billion), 2014–2024
Figure 14: Defense Capital Expenditure of Top Three Asian Defense Spenders (US$ Billion), 2014–2024
Figure 15: Defense Capital Expenditure of Top North American Defense Spenders (US$ Billion), 2014–2024
Figure 16: Defense Capital Expenditure of Top Three South American Defense Spenders
Figure 17: Defense Capital Expenditure of Top Three African Countries (US$ Billion), 2014–2024
Figure 18: Defense Capital Expenditure of Top Three Middle Eastern Defense Spenders

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The Global Submarine Market 2014-2024 - Market Size and Drivers: Market Profile


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