Global Submarine Market 2013-2023 : Submarine Industry, Share, Size, Trends, Analysis, Growth And Forecast To 2023 - MarketResearchReports.Biz

New Market Research Report Added In MarketResearchReports.Biz Reports Database The Global Submarine Market 2013-2023. Buy The Copy of This Report @ http://www.marketresearchreports.biz/analysis-details/the-global-submarine-market-2013-2023

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MarketResearchReports.biz

Albany, New York (PRWEB) April 11, 2013

This report is the result of SDI's extensive market and company research covering the
global Submarine industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

Introduction and Landscape

Why was the report written?
The Global Submarine Market 2013-2023 offers the reader detailed analysis of the global Submarine market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

To Read the Complete Report with TOC Visit: http://www.marketresearchreports.biz/analysis/165999

What are the key drivers behind recent market changes?

In 2013 the global submarine market is estimated to value US$14.4 billion and is expected to grow to US$21.7 billion by 2023, representing a CAGR of 4.2% during the forecast period. The market consists of three categories: SSN, SSBN and SSK. The global expenditure on SSNs is expected to account for a major share of approximately 41% during the forecast period. The remaining expenditure is accounted for by SSBN and SSK with shares of 33% and 26% respectively.

What makes this report unique and essential to read?

The Global Submarine Market 2013-2023 provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits

  •     The report provides detailed analysis of the market for submarines during 2013-2023, including the factors that influence why countries are investing or cutting defense expenditure. It provides detailed expectations of growth rates and projected total expenditure.
  •     Navantia, Fincantieri, DCNS, Kockums, BAE Systems, Mazagon Docks, Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, PO Sevmash, Huntington Ingalls Industries, General Dynamics Electric Boat Limited, Admiralty Shipyards, ThyssenkKrupp Marine Systems, ASC, Golcuk Naval Shipyard, Mitsubishi Heavy Industries, Kawasaki Shipbuilding Corporation, SaaB, Thales, Lockheed Martin
  •     A significant number of countries such as the US, the UK, Germany, France, and India are currently in the process of replacing their existing fleet of submarines. Most of these submarines are being retired as they have reached the end of their operational cycle. Additionally, Soviet era submarines currently in use by countries such as Russia, India, and China need to be replaced. The demand for modern submarines creates a lucrative opportunity for suppliers across the world.

Latest Report: Global Naval Vessels and Surface Combatants Market 2013-2023

Key Market Issues

  •     The market for submarines in the Western world drastically reduced after the end of the Cold War and those possessing substantial submarine building capabilities are virtually self-sufficient in this regard. However BRIC countries and the developing economies of Southeast Asia are becoming financially able to fund a cost consuming submarine capability. China, with its anti-access strategy and its claim to the South China Sea, and North Korea, with its belligerent attitude, have triggered the demand for submarines in the Far East. Regional rivalries among countries such as India and Pakistan, and Greece and Turkey, and the push for general modernization are seen as drivers for the submarine market worldwide.
  •     The global submarine industry requires skilled labor to design submarines and provide maintenance and upgrades throughout its operational life. However, budget cuts have led to a shortage of skilled professionals such as reactor engineers and scientists, causing a resource crunch within the industry. The UK's submarine industry is currently facing a 14% shortage of civilian safety experts and a 7% shortage of submarine reactor engineers, largely due to a lack of defense budget allocation.

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Key Highlights

  •     A submarine that draws power by onboard nuclear reactors has a nearly boundless range and advanced maneuverability. The submarine can be positioned in distant waters across the globe with no need to surface except for crew provisions every three months or so. Therefore, the innovation of the nuclear reactor is serving at least six international navies: the US, Russia, the UK, France, China, and India, all of which possess nuclear submarines.
  •     The decreased demand for submarines in the West and the increasing number of technologically advanced sub-systems included in these vessels means that no single industry would be able to develop and sustain a submarine manufacturing base. This has gradually resulted in consolidation in the industry. There is also increasing collaboration on joint development and production activities amongst firms. For example American firms Huntington Ingalls Shipbuilding and General Dynamics Electric Boat jointly produce the Virginia-class submarines.

Related Reports:

Global Military Shipbuilding and Submarines Market 2011-2015
Visit: http://www.marketresearchreports.biz/analysis/144322

TechNavio's analysts forecast the Global Military Shipbuilding and Submarines Market to grow at a CAGR of 2.93 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing share of defense budget. The Global Military Shipbuilding and Submarines market has also been witnessing increasing collaborations between countries. However, the complex regulatory requirements could pose a challenge to the growth of this market.

TechNavio's report, the Global Military Shipbuilding and Submarines Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the US, and the Europe and APAC regions; it also covers the Global Military Shipbuilding and Submarines market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The Global Submarine Market 2011-2021 - Country Analysis - Submarine market: Market Profile
Visit: http://www.marketresearchreports.biz/analysis/113136

The report provides a detailed analysis of the competitive landscape of the Submarine industry. It provides an overview of key Submarine companies catering to the Submarine sector, together with insights such as key alliances, strategic initiatives and a brief financial analysis

Only a select group of countries possess SIBs, with a small number of countries set to attain this capability during the forecast period. The changes occurring in the submarine market are caused by the evolving global strategic security situation and the change in the balance of power between the countries in the West and countries in the Rest of the World, combined with the budget deficit and the global re-distribution of wealth.

Reasons To Buy

The Global Submarine Market 2011-2021 - Competitive Landscape and Strategic Insights" allows you to:

    Gain insight into the competitive landscape of the global Submarine market.
    Provides detailed company profiles of 20 leading Submarine companies and related systems manufacturing companies across the world.
    Analyse the activity of key Submarine companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

The Global Submarine Market 2011-2021 - Country Analysis - Submarine market: Market Profile
Visit: http://www.marketresearchreports.biz/analysis/113147

Global Submarine market-country analysis provides details of the key markets in each region, offering an analysis of the top segments of Submarine, expected to be in demand. It also investigates the top three expected Submarine programs, in terms of demand, in the key markets in each region.

Reasons To Buy

The Global Submarine Market 2011-2021 - Country Analysis - Submarine market" allows you to:

    Have access to a detailed analysis of defense spending patterns including forecasts of Submarine spending till 2021 by region.
    Gain insight into various defense modernization initiatives around the world.
    Obtain detailed information on leading Submarine programs of major defense spenders across the world.
    Gain insight into sub-sector markets with comprehensive market values and forecasts of the leading defense spending nations.

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