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Global Submarine Battery Market 2016-2020

Global Submarine Battery Market 2016-2020

About Submarines

Submarines are crucial in a naval fleet due to their multi-operational capabilities and ability to complement other strategic resources. The global submarine market declined drastically in 1991 — toward the end of the Cold War period. Since then, Brazil, Russia, India, and China (BRIC) and other developing countries of APAC are investing in the submarine market to strengthen their naval capabilities.

Technavio’s analysts forecast the global submarine battery market to grow at a CAGR of 5.28% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global submarine battery market for 2016-2020. To calculate the market size, the report considers the total number of submarines, segmentation by submarine type and average unit price.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Submarine Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • EnerSys
  • EverExceed
  • Exide Technologies
  • HBL Power Systems
  • Sunlight Systems
Other prominent vendors
  • Exide Industries
  • GS Yuasa
  • Saft
Market driver
  • Rising investments in submarines
  • For a full, detailed list, view our report
Market challenge
  • Recycling concerns over growing use of LAB
  • For a full, detailed list, view our report
Market trend
  • Development of new battery technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Submarine Battery Market 2016-2020

Technavio recognizes the following companies as the key players in the global submarine battery market: EnerSys, EverExceed, Exide Technologies, HBL Power Systems, and Sunlight Systems.

Other Prominent Vendors in the market are: Exide Industries, GS Yuasa, and Saft.

Commenting on the report, an analyst from Technavio’s team said: “Increased demand from China will be a key trend for market growth. China’s demand for submarines has been growing owing to the country’s Taiwan dilemma. Resolving this issue has been the prime concern of the People’s Liberation Army (PLA). Due to this, PLA Navy’s (PLAN) prioritized heavily on the construction of Type-39A Yuan class conventional submarines (SSK). Between 2010 and 2011, PLAN launched 8 Yuan-class submarines and in 2012, they laid down five new Yuan-class. Currently, there are 13 Yuan-class in service, and seven more are in the construction phase. Within the next 5-8 years, APAC will have approximately 82 submarines.”

According to the report, rising investments in submarines will be a key driver for market growth. Many countries are modernizing their naval defense units by manufacturing submarines, surface-mine countermeasure unmanned underwater vehicles (SMCMUUVs), and other combat and tactical unmanned underwater vehicles (UUVs). The growth of these resources will simultaneously boost the global development of submarine battery market.

Further, the report states that recycling concerns over growing use of LAB will be a major challenge for the market. Lead is an extremely toxic metal, and as soon as the battery becomes inoperative, it is essential to ensure its appropriate collection and eco-friendly recycling. A single LAB disposed of erroneously into a municipal solid waste (MSW) collection system, and not removed before entering a resource recovery facility for mixed MSW, could foul 25 tons of MSW, hindering the recovery of the organic resources within this waste because of the high lead level.

Companies Mentioned

EnerSys, EverExceed, Exide Technologies, HBL Power Systems, Sunlight Systems, Exide Industries, GS Yuasa, Saft.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Market size calculation: Demand side
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Most widely used types of battery in submarines
      • Table Characteristics of Li-ion batteries versus LAB
  • Market landscape
    • Technological overview
      • Table Standard submarine diagram with battery
      • Table Performance comparison of batteries
    • Market overview
      • Table Segmentation of submarine battery market
    • Market size and forecast
      • Table Global submarine battery market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by submarine type
    • Global submarine battery market by submarine type 2015
      • Table Global submarine battery market by submarine type 2015-2020
      • Table Global submarine battery market by revenue 2015-2020
    • Global submarine battery market by SSK 2015-2020
      • Table Global submarine battery market by SSK 2015-2020 ($ millions)
      • Table Number of SSKs employed in different navies
    • Global submarine battery market by SSN 2015-2020
      • Table Global submarine battery market by SSN 2015-2020 ($ millions)
      • Table Number of SSNs employed in different naval forces
    • Global submarine battery market by SSBN 2015-2020
      • Table Global submarine battery market by SSBN 2015-2020 ($ millions)
      • Table Number of SSBNs employed by different naval forces
  • Market segmentation by geography
    • Global submarine battery market by geography
      • Table Global submarine battery market by geography 2015-2020
      • Table Global submarine battery market by geographical segmentation 2015-2020
    • Submarine battery market in Americas
      • Table Submarine battery market in Americas 2015-2020 ($ millions)
    • Submarine battery market in APAC
      • Table Submarine battery market in APAC 2015-2020 ($ millions)
    • Submarine battery market in EMEA
      • Table Submarine battery market in EMEA 2015-2020 ($ millions)
  • Market drivers
    • Rising investments in submarines
      • Table Impact of the rising investments of submarines
    • Growing demand for submarines
      • Table Global submarine market 2015-2020 ($ billions)
      • Table Number of submarines globally 2016 (units)
    • Advances in LAB technology
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Development of nuclear-powered submarines
      • Table Advantages of nuclear-powered submarines
    • Recycling concerns over growing use of LAB
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of new battery technologies
    • Growing demand for UUVs
      • Table Applications of UUVs
      • Table Investments by US Navy on UUVs
      • Table Best attack submarines
    • Increased demand from China
      • Table PLAN ratio of diesel and nuclear power submarines
  • Vendor landscape
    • Competitive landscape
      • Table Other prominent vendors
  • Key vendor analysis
    • EnerSys
      • Table EnerSys: Product Segmentation by 2015
      • Table EnerSys: Geographical Segmentation by revenue 2015
      • Table EnerSys: Product portfolio
    • EverExceed
    • Exide Technologies
      • Table Exide Technologies: Product portfolio
    • HBL Power Systems Ltd.
      • Table Product category
      • Table HBL Power Systems Ltd.: Product portfolio
    • Sunlight Systems
      • Table Submarine batteries in Sunlight Systems
      • Table Sunlight Systems: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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