Submarines - Market and Technology Forecast to 2031
June 14, 2023
Market Forecast
138
PDF
Submarines - Market and Technology Forecast to 2031
Abstract The return of great power politics is putting submarines in the spotlight once again. With the world drifting towards a Cold War redux, due to the Chinese assertiveness in the APAC region, the Russian aggressiveness in Ukraine and the High North, the submarines remain a credible deterrence, strike and ISR platform.
Moreover, the fact that around a third of the Earth’s population lives near the coastline, as well as the fact that several of a state’s infrastructure (harbours, telecommunication and internet cables) are in the littoral or passing from the bottom of the sea to connect continents and countries, in addition to natural resources, make the protection of those areas a difficult task.
Although the role of the submarines remains the same as in the past, the capabilities that these platforms integrate is gradually expanding. Besides their ability to operate under stealth, developing new subsystems and incorporating new technologies is crucial for them to remain at the forefront of competition. What is expected to strongly impact the market is the introduction of unmanned maritime systems (UMS) and technological enablers.
The industrial landscape is rather steady as the capability to design submarines remains confined to around eight and in the near future 10 countries, while production can include a few more shipbuilders who construct them under license. We would expect an increase in joint ventures or collaborations schemes among well-established shipyards and new clients (e.g. the Norwegian or Dutch submarines programmes), but limited efforts to build a new industrial capability from the ground. The SSN AUKUS is an exception to that, due to the political considerations associated with it.
Due to the long-term planning required in the shipbuilding of a submarine and the life-cycle which usually is between 30 and 40 years, competition among manufacturers is stark.
Market Forecast’s study “Submarines - Market and Technology Forecast to 2031” has collected the data on current submarines inventories, future programmes and analysed them to forecast the evolution of the market, its subsystems and technologies over the 2023-2031 period.
Covered in this report Overview: Snapshot of the submarines technology in the market during 2023-2031, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of the spending with respect to regions as well as segments and sheds light on the emergence of new technologies.
Market Dynamics: Insights into the technological developments in the submarines system market and a detailed analysis of the changing preferences of governments around the world. It also analyses changing industry structure trends and the challenges faced by the industry participants.
Segment Analysis: Insights into the various systems market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
Regional Analysis: Insights into the systems market from a regional perspective and a detailed analysis of factors influencing the market for each region.
Impact Analysis: Analysis on how certain events will impact the submarines market. This will give you an indication on which factors are important for the forecast.
Key Program Analysis: Details of the top programmes in each segment expected to be executed during the forecast period.
Competitive landscape Analysis: Analysis of competitive landscape of this industry. It provides an overview of key companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
Segmentation The market is segmented by Type, Region, Propulsion, and Subsystem.
Type
SSBN SSN SSGN SSP SSK TBD
Region
North America Europe Asia-Pacific Middle East & Africa South America
Propulsion
Nuclear-powered Conventional-powered
Subsystems
Propulsion Sonars Electronics
Reasons to buy Insight on the elements comprising a submarine, as they form part of an extensive supply chain outlined in the report In-depth understanding of the factors affecting the market such as defence spending, operational requirements, challenges faced by manufacturers among several others Outlining of the disruptions and the technology enablers impacting the market and how these could become an opportunity in this quick changing domain
Related studies Unmanned Underwater Vehicles (UUV) for Defense and Security - Market and Technology Forecast to 2030 Unmanned Surface Vehicles (USV) for Defense and Security - Market and Technology Forecast to 2030 Global Naval Sensors - Market and Technology Forecast to 2029 Global Surface Warships - Market and Technologies Forecast to 2028
Content 1 Introduction 1.1 Scope 1.2 Definitions 1.3 Methodology 1.4 Who will benefit from this study?
2 Executive Summary 2.1 Trends and Insights 2.2 Main Findings 2.3 Key Conclusions 2.4 Important Tables and Figures
3 Technologies and Developments 3.1 Technology overview 3.2 Types of submarines 3.2.1 Attack submarines 3.2.2 Nuclear strike submarines 3.3 Submarines classification terminology 3.4 Submarine design and systems 3.4.1 Weapons 3.4.2 Sonars 3.4.3 Power
4 Market Overview 4.1 Introduction 4.2 Conventional submarines market volumes distribution over forecast period by Region 4.3 Nuclear submarines market volumes distribution over forecast period by Region 4.4 Conventional submarines inventories’ distribution 4.5 Nuclear submarines inventories’ distribution 4.6 The submarine shipbuilding landscape
6 Country Analysis 6.1 Australia 6.2 Brazil 6.3 Europe 6.3.1 Bulgaria 6.3.2 Greece 6.3.3 Romania 6.3.4 Türkiye 6.4 Europe – Scandinavian and Baltic Region 6.5 France 6.6 The Netherlands 6.7 India 6.8 United Kingdom 6.9 United States 6.9.1 Columbia-class 6.9.2 SSGN 6.10 Other opportunities
7 Global and Regional Market Forecast to 2031 7.1 Introduction 7.2 Submarines market by Region overview 7.3 North American Submarine Market by Type 7.4 European Submarines Market by Type 7.5 Asian-Pacific Submarines Market by Type 7.6 Middle Eastern & African Submarines Market by Type 7.7 South American Submarines Market by Type 7.8 Opportunity Analysis 7.8.1 By Region
8 Propulsion Market Forecast to 2031 8.1 Introduction 8.2 Submarines market by propulsion 8.3 Nuclear Propulsion Submarines Market by Region 8.4 Conventional Propulsion Submarines Market by Region 8.5 Opportunity Analysis 8.6 Regional Markets by Propulsion Systems 8.7 N. American Market by Propulsion Systems 8.8 European Market by Propulsion Systems 8.9 APAC Market by Propulsion Systems 8.10 ME&A Market by Propulsion Systems 8.11 S. America Market by Propulsion Systems 8.12 TBD Market by Propulsion Systems
9 Submarine Subsystems Market Forecast to 2031 9.1 Introduction 9.2 Submarine subsystems market by propulsion overview 9.3 Submarine Subsystems Market by Propulsion - Nuclear 9.3.1 N. American Submarine Subsystems Market by Propulsion – Nuclear 9.3.2 European Submarine Subsystems Market by Propulsion – Nuclear 9.3.3 APAC Submarine Subsystems Market by Propulsion – Nuclear 9.4 Submarine Subsystems Market by Propulsion – Conventional 9.4.1 N. American Submarine Subsystems Market by Propulsion – Conventional 9.4.2 European Submarine Subsystems Market by Propulsion – Conventional 9.4.3 APAC Submarine Subsystems Market by Propulsion – Conventional 9.4.4 ME&A Submarine Subsystems Market by Propulsion – Conventional 9.4.5 S. American Submarine Subsystems Market by Propulsion – Conventional 9.5 Total Submarine Subsystems Market by Region 9.5.1 N. American Submarine Subsystems Market 9.5.2 European Submarine Subsystems Market 9.5.3 APAC Submarine Subsystems Market 9.5.4 ME&A Submarine Subsystems Market 9.5.5 South American Submarine Subsystems Market 9.6 Opportunity Analysis 9.6.1 By Subsystems
10 Impact Analysis 10.1 Introduction
11 Leading Companies 11.1 BAE Systems 11.1.1 Introduction 11.1.2 Submarines - Products and Services 11.1.3 Recent Developments and Contracts 11.1.4 SWOT Analysis 11.2 General Dynamics Electric Boat 11.2.1 Introduction 11.2.2 Submarines - Products and Services 11.2.3 Recent Developments and Contracts 11.2.4 SWOT Analysis 11.3 Huntington Ingalls Industries 11.3.1 Introduction 11.3.3 Recent Developments and Contracts 11.3.4 SWOT Analysis 11.4 Naval Group 11.4.1 Introduction 11.4.4 SWOT Analysis 11.5 Saab AB 11.5.1 Introduction 11.5.4 SWOT Analysis 11.6 ThyssenKrupp Marine Systems 11.6.1 Introduction 11.6.4 SWOT Analysis 11.7 Other notable companies - Lockheed Martin 11.8 Other notable companies - Thales Group 11.8.1 Introduction 11.8.2 Submarines - Products and Services 11.8.3 Recent Developments and Contracts
12 Results and Conclusions
13 About Market Forecast 13.1 General 13.2 Contact us 13.3 Disclaimer 13.4 License
The return of great power politics is putting submarines in the spotlight once again. With the world drifting towards a Cold War redux, due to the Chinese assertiveness in the APAC region, the Russian aggressiveness in Ukraine and the High North, the submarines remain a credible deterrence, strike and ISR platform.
Moreover, the fact that around a third of the Earth’s population lives near the coastline, as well as the fact that several of a state’s infrastructure (harbours, telecommunication and internet cables) are in the littoral or passing from the bottom of the sea to connect continents and countries, in addition to natural resources, make the protection of those areas a difficult task.
Although the role of the submarines remains the same as in the past, the capabilities that these platforms integrate is gradually expanding. Besides their ability to operate under stealth, developing new subsystems and incorporating new technologies is crucial for them to remain at the forefront of competition. What is expected to strongly impact the market is the introduction of unmanned maritime systems (UMS) and technological enablers.
The industrial landscape is rather steady as the capability to design submarines remains confined to around eight and in the near future 10 countries, while production can include a few more shipbuilders who construct them under license. We would expect an increase in joint ventures or collaborations schemes among well-established shipyards and new clients (e.g. the Norwegian or Dutch submarines programmes), but limited efforts to build a new industrial capability from the ground. The SSN AUKUS is an exception to that, due to the political considerations associated with it.
Due to the long-term planning required in the shipbuilding of a submarine and the life-cycle which usually is between 30 and 40 years, competition among manufacturers is stark.
Market Forecast’s study “Submarines - Market and Technology Forecast to 2031” has collected the data on current submarines inventories, future programmes and analysed them to forecast the evolution of the market, its subsystems and technologies over the 2023-2031 period.
Covered in this report Overview: Snapshot of the submarines technology in the market during 2023-2031, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of the spending with respect to regions as well as segments and sheds light on the emergence of new technologies.
Market Dynamics: Insights into the technological developments in the submarines system market and a detailed analysis of the changing preferences of governments around the world. It also analyses changing industry structure trends and the challenges faced by the industry participants.
Segment Analysis: Insights into the various systems market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
Regional Analysis: Insights into the systems market from a regional perspective and a detailed analysis of factors influencing the market for each region.
Impact Analysis: Analysis on how certain events will impact the submarines market. This will give you an indication on which factors are important for the forecast.
Key Program Analysis: Details of the top programmes in each segment expected to be executed during the forecast period.
Competitive landscape Analysis: Analysis of competitive landscape of this industry. It provides an overview of key companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
Segmentation The market is segmented by Type, Region, Propulsion, and Subsystem.
Type
SSBN SSN SSGN SSP SSK TBD
Region
North America Europe Asia-Pacific Middle East & Africa South America
Propulsion
Nuclear-powered Conventional-powered
Subsystems
Propulsion Sonars Electronics
Reasons to buy Insight on the elements comprising a submarine, as they form part of an extensive supply chain outlined in the report In-depth understanding of the factors affecting the market such as defence spending, operational requirements, challenges faced by manufacturers among several others Outlining of the disruptions and the technology enablers impacting the market and how these could become an opportunity in this quick changing domain
Related studies Unmanned Underwater Vehicles (UUV) for Defense and Security - Market and Technology Forecast to 2030 Unmanned Surface Vehicles (USV) for Defense and Security - Market and Technology Forecast to 2030 Global Naval Sensors - Market and Technology Forecast to 2029 Global Surface Warships - Market and Technologies Forecast to 2028
1 Introduction 1.1 Scope 1.2 Definitions 1.3 Methodology 1.4 Who will benefit from this study?
2 Executive Summary 2.1 Trends and Insights 2.2 Main Findings 2.3 Key Conclusions 2.4 Important Tables and Figures
3 Technologies and Developments 3.1 Technology overview 3.2 Types of submarines 3.2.1 Attack submarines 3.2.2 Nuclear strike submarines 3.3 Submarines classification terminology 3.4 Submarine design and systems 3.4.1 Weapons 3.4.2 Sonars 3.4.3 Power
4 Market Overview 4.1 Introduction 4.2 Conventional submarines market volumes distribution over forecast period by Region 4.3 Nuclear submarines market volumes distribution over forecast period by Region 4.4 Conventional submarines inventories’ distribution 4.5 Nuclear submarines inventories’ distribution 4.6 The submarine shipbuilding landscape
6 Country Analysis 6.1 Australia 6.2 Brazil 6.3 Europe 6.3.1 Bulgaria 6.3.2 Greece 6.3.3 Romania 6.3.4 Türkiye 6.4 Europe – Scandinavian and Baltic Region 6.5 France 6.6 The Netherlands 6.7 India 6.8 United Kingdom 6.9 United States 6.9.1 Columbia-class 6.9.2 SSGN 6.10 Other opportunities
7 Global and Regional Market Forecast to 2031 7.1 Introduction 7.2 Submarines market by Region overview 7.3 North American Submarine Market by Type 7.4 European Submarines Market by Type 7.5 Asian-Pacific Submarines Market by Type 7.6 Middle Eastern & African Submarines Market by Type 7.7 South American Submarines Market by Type 7.8 Opportunity Analysis 7.8.1 By Region
8 Propulsion Market Forecast to 2031 8.1 Introduction 8.2 Submarines market by propulsion 8.3 Nuclear Propulsion Submarines Market by Region 8.4 Conventional Propulsion Submarines Market by Region 8.5 Opportunity Analysis 8.6 Regional Markets by Propulsion Systems 8.7 N. American Market by Propulsion Systems 8.8 European Market by Propulsion Systems 8.9 APAC Market by Propulsion Systems 8.10 ME&A Market by Propulsion Systems 8.11 S. America Market by Propulsion Systems 8.12 TBD Market by Propulsion Systems
9 Submarine Subsystems Market Forecast to 2031 9.1 Introduction 9.2 Submarine subsystems market by propulsion overview 9.3 Submarine Subsystems Market by Propulsion - Nuclear 9.3.1 N. American Submarine Subsystems Market by Propulsion – Nuclear 9.3.2 European Submarine Subsystems Market by Propulsion – Nuclear 9.3.3 APAC Submarine Subsystems Market by Propulsion – Nuclear 9.4 Submarine Subsystems Market by Propulsion – Conventional 9.4.1 N. American Submarine Subsystems Market by Propulsion – Conventional 9.4.2 European Submarine Subsystems Market by Propulsion – Conventional 9.4.3 APAC Submarine Subsystems Market by Propulsion – Conventional 9.4.4 ME&A Submarine Subsystems Market by Propulsion – Conventional 9.4.5 S. American Submarine Subsystems Market by Propulsion – Conventional 9.5 Total Submarine Subsystems Market by Region 9.5.1 N. American Submarine Subsystems Market 9.5.2 European Submarine Subsystems Market 9.5.3 APAC Submarine Subsystems Market 9.5.4 ME&A Submarine Subsystems Market 9.5.5 South American Submarine Subsystems Market 9.6 Opportunity Analysis 9.6.1 By Subsystems
10 Impact Analysis 10.1 Introduction
11 Leading Companies 11.1 BAE Systems 11.1.1 Introduction 11.1.2 Submarines - Products and Services 11.1.3 Recent Developments and Contracts 11.1.4 SWOT Analysis 11.2 General Dynamics Electric Boat 11.2.1 Introduction 11.2.2 Submarines - Products and Services 11.2.3 Recent Developments and Contracts 11.2.4 SWOT Analysis 11.3 Huntington Ingalls Industries 11.3.1 Introduction 11.3.3 Recent Developments and Contracts 11.3.4 SWOT Analysis 11.4 Naval Group 11.4.1 Introduction 11.4.4 SWOT Analysis 11.5 Saab AB 11.5.1 Introduction 11.5.4 SWOT Analysis 11.6 ThyssenKrupp Marine Systems 11.6.1 Introduction 11.6.4 SWOT Analysis 11.7 Other notable companies - Lockheed Martin 11.8 Other notable companies - Thales Group 11.8.1 Introduction 11.8.2 Submarines - Products and Services 11.8.3 Recent Developments and Contracts
12 Results and Conclusions
13 About Market Forecast 13.1 General 13.2 Contact us 13.3 Disclaimer 13.4 License