London, UK (PRWEB) June 11, 2014
The worldwide submarine market is poised to post a 5.19% CAGR in the next 10 years. North America and APAC are predicted to be the largest regional submarine markets, with a combined market share of over 62%. Meantime, the European submarine market is anticipated to see a 7.1% CAGR. Brazil is expected to become the top submarine spender in the Latin America during the next decade. The SSN sector will likely lead the market with a share of just over 41%. The ballistic missile submarines sector is expected to post a healthy CAGR of 8.66%. The key growth drivers of the global submarine market include, among others, robust procurement plans in Asia, replacement of obsolete submarines, and maritime security threats.
Navantia SA, BAE Systems, Fincantieri, Mazagon Docks, Kockums, DCNS, Hyundai Heavy Industries, Admiralty Shipyards, Huntington Ingalls Industries, ThyssenKrupp Marine Systems AG and Kawasaki Shipbuilding Corporation are amid the dominant companies operating in the worldwide submarine space.
New research report “Global Submarine Market 2014-2024” worked out by Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd.
Title: Global Submarine Market 2014-2024
Published: June, 2014
Price: US$ 4,800.00
The report provides a granular analysis of the worldwide submarine market. It examines the industry values (actual, historical and forecast), reviews the main factors influencing the market growth, and also outlines the top opportunities and challenges in the global submarine market. Besides, the study describes the competitive climate, profiles the leading market players, and contains an executive summary of the prevailing market development trends, besides presenting a snapshot of the most important industry news. The research report sheds light on the situation in the key geographical markets, covers the major programs, encloses a SWOT analysis, and also highlights the most recent industry developments. Additionally, the report gives a detailed 10-year future outlook for the global submarine market.
Reasons to Buy:
More new research reports by the publisher can be found at SDI page.