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"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Submarine market. Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Submarine market." A submarine is an underwater naval platform that can stay submerged for extended periods and is deployed for multiple defense functions. It is considered crucial for a nations maritime security and is used for both offensive and defensive purposes. Submarines are designed for greater agility and stealth capabilities. These vessels are armed with powerful weapons such as missiles and torpedoes. The growing demand for unmanned underwater vehicles (UUVs) has been a key growth driver for this market. UUVs have extensive applications in naval intelligence, mine countermeasures operations, surveillance and reconnaissance, and anti-submarine warfare missions. In maritime operations, UUVs are primarily designed for underwater surveillance, hull inspection, dock inspections, and underwater mines deactivation. Also, these UUVs are fitted with high-definition cameras that send visual data from the UUV to the operator. With better images and improved control of the vehicle, a better inspection of the underwater environment is possible which aids in naval operations. Recently, there has been an increased usage of these unmanned vehicles for electronic attack, communication transfer, combat, search, and rescue missions, and C4ISR operations. Thus, the increasing activities related to seabed mapping and mining will propel the market for submarines during the forecast period. The Americas dominated the market, accounting for more than 40% of the market share. Factors like high military spending and increasing focus the Virginia-class submarine program will contribute to strong demand for submarines in the region. The global Submarine market is valued at 21400 million US$ in 2018 is expected to reach 30500 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025. This report focuses on Submarine volume and value at global level, regional level and company level. From a global perspective, this report represents overall Submarine market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report. The following manufacturers are covered: BAE Systems Daewoo Shipbuilding & Marine Engineering General Dynamics Electric Boat Huntington Ingalls Industries Kawasaki Heavy Industries Lockheed Martin Mitsubishi Heavy Industries Saab Segment by Regions North America Europe China Japan Segment by Type Nuclear-Powered Attack Submarine (SSN) Nuclear-Powered Ballistic Missile Submarine (SSBN) Kilo-Class Submarine (SSK) Segment by Application Surveillance and Reconnaissance Intelligence Gathering Patrolling Others
Table of Contents Executive Summary 1 Submarine Market Overview 1.1 Product Overview and Scope of Submarine 1.2 Submarine Segment by Type 1.2.1 Global Submarine Production Growth Rate Comparison by Type (2014-2025) 1.2.2 Nuclear-Powered Attack Submarine (SSN) 1.2.3 Nuclear-Powered Ballistic Missile Submarine (SSBN) 1.2.4 Kilo-Class Submarine (SSK) 1.3 Submarine Segment by Application 1.3.1 Submarine Consumption Comparison by Application (2014-2025) 1.3.2 Surveillance and Reconnaissance 1.3.3 Intelligence Gathering 1.3.4 Patrolling 1.3.5 Others 1.4 Global Submarine Market by Region 1.4.1 Global Submarine Market Size Region 1.4.2 North America Status and Prospect (2014-2025) 1.4.3 Europe Status and Prospect (2014-2025) 1.4.4 China Status and Prospect (2014-2025) 1.4.5 Japan Status and Prospect (2014-2025) 1.5 Global Submarine Market Size 1.5.1 Global Submarine Revenue (2014-2025) 1.5.2 Global Submarine Production (2014-2025) 2 Global Submarine Market Competition by Manufacturers 2.1 Global Submarine Production Market Share by Manufacturers (2014-2019) 2.2 Global Submarine Revenue Share by Manufacturers (2014-2019) 2.3 Global Submarine Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Submarine Production Sites, Area Served, Product Types 2.5 Submarine Market Competitive Situation and Trends 2.5.1 Submarine Market Concentration Rate 2.5.2 Submarine Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global Submarine Production Market Share by Regions 3.1 Global Submarine Production Market Share by Regions 3.2 Global Submarine Revenue Market Share by Regions (2014-2019) 3.3 Global Submarine Production, Revenue, Price and Gross Margin (2014-2019) 3.4 North America Submarine Production 3.4.1 North America Submarine Production Growth Rate (2014-2019) 3.4.2 North America Submarine Production, Revenue, Price and Gross Margin (2014-2019) 3.5 Europe Submarine Production 3.5.1 Europe ... | read more...