Anti-submarine warfare is a branch of underwater warfare that uses surface warships, aircraft, submarines, or other platforms to locate, monitor, and deter, threaten, and/or kill enemy submarines. Anti-submarine warfare is crucial for protecting the strategic speed and tactical agility of naval forces around the world, as the proliferation of emerging technology has a dramatic effect on the operational preparation and execution of both friendly and hostile missions. With counter-and anti-denial tactics emerging as a crucial part of the maritime strategy adopted by key naval powers, anti-submarine warfare has become essential to the defense of maritime assets against a rapid, stealthy assault by hostile forces operating below the surface of the sea. More research and development regarding maritime technologies is expected to drive the market growth during forecast period.
MARKET DYNAMICS
Modernization of maritime fleet around the world and increasing incidence of warfare situations between countries is driving the growth of the anti-submarine warfare market. However, the high initial and maintenance cost may restrain the growth of the anti-submarine warfare market. Furthermore, rising R&D towards the development of advanced maritime technologies, such as stealth submarines and unmanned marine systems is anticipated to create market opportunities for the anti-submarine warfare market during the forecast period.
MARKET SCOPE
The "Global Anti-submarine Warfare Market Analysis to 2028" is a specialized and in-depth study of the anti-submarine warfare market with a special focus on the global market trend analysis. The report aims to provide an overview of anti-submarine warfare market with detailed market segmentation by system, platform, and geography. The global anti-submarine warfare market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading anti-submarine warfare market players and offers key trends and opportunities in the anti-submarine warfare market.
MARKET SEGMENTATION
The global anti-submarine warfare market is segmented on the basis of system and platform. On the basis of system, the market is segmented as sensors, electronic support measures, and armament. Similarly, on the basis of platform, the market is segmented as submarines, surface ships, helicopters, maritime patrol aircraft, and unmanned systems.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global anti-submarine warfare market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The anti-submarine warfare market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting anti-submarine warfare market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the anti-submarine warfare market in these regions.
MARKET PLAYERS
The reports cover key developments in the anti-submarine warfare market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from anti-submarine warfare market are anticipated to lucrative growth opportunities in the future with the rising demand for anti-submarine warfare. Below mentioned is the list of few companies engaged in the anti-submarine warfare market.
The report also includes the profiles of key anti-submarine warfare market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- BAE Systems
- Elbit Systems Ltd.
- General Dynamics Mission Systems, Inc.
- L3Harris Technologies, Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Saab AB
- Safran SA
- Thales Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.