The Global Submarine Market 2011-2021

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Published: May-11
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"The global submarine market is expected to increase by a CAGR of 1.22% during the forecast period. Submarines form an essential core of today’s naval fleets as a result of their flexible mission capabilities and ability to complement other strategic resources. Worldwide, 41 countries possess submarine capability and together operate 450 submarines. Most of these nations are modernising their fleets or increasing them as a result of changing security situations. A total of 155 submarines are to be procured over the forecast period, costing US$188.8 billion."

This ICD Research report offers detailed analysis of the global submarine market over the next ten years, providing market size forecasts. It covers the key technological and market trends in the submarine industry. It further lays out an analysis of the factors influencing the demand for submarines and the challenges faced by the industry participants. In particular, it provides an in-depth analysis of the following:
  • Global submarine market size and drivers
  • Recent developments and industry challenges
  • SWOT analysis of the submarine market
  • Global submarines country analysis
  • Major programmes
  • Competitive landscape and strategic insights:

Reasons to buy
  • Gain insight into the submarine market with current and forecast market values
  • Offers insight on key drivers and attractiveness parameters of the global submarine market, in addition to various defence modernisation initiatives around the world
  • Provides detailed analysis of the defence spending pattern including forecasts of military spending till 2021 by region
  • Gain a better understanding of the various factors impacting the growth of the submarine market
  • Allows you to foresee challenges and seize opportunities with comprehensive sub-sector market analysis including market values and forecast of the leading defence spending nations of the world
  • Provides a thorough analysis of the recent developments in the global submarine market including technological trends, industry consolidation trend, and key challenges
  • Provides detailed information of the leading submarine programmes of major defence spenders across of the world
  • Detailed profiles of 20 leading submarine and related systems manufacturing companies across the world

ICD Research‘s dedicated research and analysis teams consist of experienced professionals with a background in industry research and consulting in the defence sector. The market size is estimated by consolidating ongoing procurement programmes, modernisation initiatives and future procurement plans, utilising information gathered through primary and secondary sources.
If you would like to purchase this report, please email