Diesel-Electric Submarine Combat Systems Market Outlook - 2027
Submarines are used to carry out underwater operations and duties. Submarines have the capability to stay submerged in water for weeks or even months at a time. Submarine combat system includes an anti-submarine warfare system which allows warships & other submarines to track, detect, damage, and destroy enemy submarines. Several countries across the world are focusing to enhance their anti-submarine warfare capability. Submarine combat systems also consist of software and hardware system which are used to detect and destroy any type of target. Submarine combat systems are used for communication, command & control of the vessel, and for surveillance. Major parts of submarine combat system are diesel & nuclear submarine, armaments, advanced sensors, and various ranges of missiles. At present, submarine combat systems are addressing the challenges in modern submarines missions, such as providing naval force support and intelligence gathering.
COVID-19 Scenario analysis:
- Due to COVID-19 situation, the research & development in diesel-electric submarine combat systems has been hampered due to the declared lockdowns and government restrictions on public gatherings.
- Slowing sign in economies of several countries has been observed due to COVID-19 effect, which may limit governments investment in their defense sector. Such reduction in investment will directly affect the growth in diesel-electric submarine combat system market.
- Production rate of diesel-electric submarine combat system has been badly impacted because of the travel restrictions due to COVID-19.
- Diesel-electric Submarine combat system is a very large system which includes several parts either purchase from several firms or being import from several countries. Due to lockdown situation across the globe because of COVID-19, the supply chain of such parts has been badly affected. Shortage of spare parts has halted the production of diesel-electric submarine combat systems.
- There may be considerable rise in demand in diesel-electric submarine combat system market in near future as travel restrictions start loosen up worldwide.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Deployment of new and future submarine programs, replacement of aging submarines & upgrading of existing submarine fleet, and technological advancements in submarine combat system are the factors which drive the growth of diesel-electric submarine combat system market. However, high cost of installation of submarine combat systems may hamper the growth of global diesel-electric submarine combat system market. Contrarily, the rising research & development to introduce advance warfare system at lower price is opportunistic to the growth of diesel-electric submarine combat systems market.
Deployment of new and future submarine programs
Several countries are currently working on their procurement and as well as indigenously development programs for their submarine fleet. For instance, on February 2020, Australia confirmed its commitment with French firm to construct 12 attack submarines. Also, in January 2018, Australia signed a contract with Lockheed Martin worth 700 USD to design & develop future submarine combat system with enhanced capabilities for its navy. Moreover, India is working on project 75I on which India will construct a total of 24 submarine (18 diesel-electric and 6 nuclear powered submarines). Such development plans of submarines from various countries will fuel the growth of the diesel-electric submarine combat system market.
Key benefits of the report:
- This study presents the analytical depiction of the diesel-electric submarine combat systems industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global diesel-electric submarine combat systems market share.
- The current market is quantitatively analysed to highlight the global diesel-electric submarine combat systems market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global diesel-electric submarine combat systems market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the diesel-electric submarine combat systems market research report:
- Which are the leading market players active in the global diesel-electric submarine combat systems market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Diesel-Electric Submarine Combat Systems Market Report Highlights
| Aspects | Details |
 By Submarine Type |
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 By System |
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 By Region |
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 Key Market Players | Thyssenkrupp Marine Systems, General Dynamics Corporation, Thales Group, Havelsan, Kongsberg Gruppen ASA, Raytheon, Saab, Lockheed Martin Corporation, Northrop Grumman, BAE SYSTEMS, Atlas Elektronik GmbH |
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