Global Submarine Sensors Market 2016-2020

Global Submarine Sensors Market 2016-2020

About Submarine Sensors

A submarine employs a comprehensive array of sensors consisting of a group of passive and active sonars to detect targets. Active sonar sensors record audible pings to generate echoes and reveal objects around the submarine. However, while doing so, active sonars can simultaneously reveal the submarine’s presence to the enemies. Therefore, the use of sonars is increasingly becoming unpopular among naval forces. The passive sonar sensors consist of a set of different and sensitive hydrophones that are integrated into the hull or trailed in a towed array.

Technavio’s analysts forecast the global submarine sensors market to grow at a CAGR of 3.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global submarine sensors market for 2016-2020. To calculate the market size, the report provides a comprehensive overview of the submarine sensors market along with market segmentation by the hull classification symbols of submarines.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Submarine Sensors 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
  • ATLAS ELEKTRONIK
  • Harris
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
Other prominent vendors
  • DRS Technologies
  • Ducommun
  • L-3 KEO
  • Safran Electronics & Defense
Market driver
  • Advancement of electromagnetic and acoustic sensors.
  • For a full, detailed list, view our report
Market challenge
  • High maintenance and retrofitting costs.
  • For a full, detailed list, view our report
Market trend
  • Ohio-class submarine replacement program.
  • 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 Sensors Market 2016-2020

Technavio recognizes the following companies as the key players in the global submarine sensors market: ATLAS ELEKTRONIK, Harris, Lockheed Martin, Northrop Grumman, Raytheon, and Thales.

Other prominent vendors in the market are: DRS Technologies, Ducommun, L-3 KEO, and Safran Electronics & Defense.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is Ohio-class submarine replacement program. Countries that have high military expenditures, such as the US, the UK, Germany, France, and India, are expected to replace their existing military submarines in the near future, as most of these submarines have either retired or reached the end of their operational life cycle. The replacement of vessels would result in higher investments that would enable the inclusion of high-quality launch systems, missiles, and navigational payloads.”

According to the report, one of the primary drivers in the market is increasing deployment of attack submarines. Since the Second World War, the submarine remains as one of the most effective instruments capable of targeting and destroying naval and land-based military assets from far-off locations. The modern attack submarines are employed to unleash a barrage of nuclear or conventional weapons against ocean-going and land-based enemy targets and are also quite capable of countering enemy submarines and other submerged platforms of similar designs and capabilities. Submarines are also used to assist special forces in covert operations. Therefore, various naval forces are using such assets primarily as a deterrent element in their respective territorial waters.

Further, the report states that one major challenge in the market is high maintenance and retrofitting costs. The maintenance and retrofitting of submarines poses a diverse and complex set of challenges to naval agencies across the globe. The increasing maritime disputes and geopolitical conflicts require the defense agencies to make high investments in upgrading their fleet of submarines with ballistic missile defense capabilities. Such circumstances also compel them to establish better maintenance standards for their existing fleet of submarines. However, the high cost of maintenance and retrofitting of submarines becomes a drawback in a budget sequester situation. For instance, a mid-year review in 2016 revealed that the US Navy experienced a shortfall of $848 million in its ship maintenance funding. This resulted in an unexpected delay in the availability of resources for maintenance work on an Ohio-class ballistic missile submarine, along with four other surface ships. Such shortfall is anticipated to reduce the operational readiness of the US Navy, limiting the capabilities to respond to the crisis situations.

Companies Mentioned

ATLAS ELEKTRONIK, Harris, Lockheed Martin, Northrop Grumman, Raytheon, Thales, DRS Technologies, Ducommun, L-3 KEO, Safran Electronics & Defense.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Major types of submarines sensors
    • Key takeaways
      • Table Submarine sensors market: Key takeaways
  • Market landscape
    • Market overview
      • Table Segmentation of global submarine sensors market
    • Market size and forecast
      • Table Revenue of the submarine sensors market relative to the global submarine market in 2015
      • Table Global submarine sensors market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Segmentation if global submarine sensors market by application
      • Table Segmentation of global submarine sensors market by application 2015 and 2020
      • Table Segmentation of global submarine sensors market by application 2015-2020 ($ millions)
    • Global SSN-nuclear attack submarine sensors market
      • Table Global SSN-nuclear attack submarine sensors market 2015-2020 ($ millions)
      • Table Major SSNs employed in different naval forces (as of December 2015)
    • Global SSK-diesel electric submarine sensors market
      • Table Global SSK-diesel electric submarine sensors market 2015-2020 ($ millions)
      • Table Number of SSKs employed in different naval forces (as of December 2015)
    • Global SSBN-ballistic missile submarine sensors market
      • Table Global SSBN-ballistic missile submarine sensors market 2015-2020 ($ millions)
      • Table SSBNs employed by different naval forces (as of December 2015)
  • Geographical segmentation
    • Table Geographical segmentation of global submarine sensors market 2015 and 2020
    • Table Geographical segmentation of global submarine sensors market 2015-2020 ($ millions)
    • Submarine sensors market in APAC
      • Table Submarine sensors market in APAC 2015-2020 ($ millions)
    • Submarine sensors market EMEA
      • Table Submarine sensors market in EMEA 2015-2020 ($ millions)
    • Submarine sensors market in Americas
      • Table Submarine sensors market in Americas 2015-2020 ($ millions)
  • Market drivers
    • Advancement of electromagnetic and acoustic sensors technologies
      • Table Operational advantages of fiber-optic arrays over conventional arrays
    • Increasing deployment of attack submarines
      • Table Number of military submarines in 2014 and 2016 (in units)
    • Collaborative efforts and technology transfer
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High maintenance and retrofitting costs
      • Table The annual average operating cost for an attack submarine
    • Predisposition for development and deployment of UUVs
      • Table Applications of UUVs
    • Data breaching due to cyber wars
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Ohio-class submarine replacement program
      • Table Differences between Ohio-class SSBN and the future SSBN-X
    • Emergence of 3D printing and use of composite materials
      • Table Advantages of 3D printing technologies
    • Growing investments in undersea warfare capabilities
  • Vendor landscape
    • Competitive landscape
      • Table Major vendors: Benchmarking
      • Table List of vendors in global satellite sensors market 2015
    • ATLAS ELEKTRONIK
      • Table ATLAS ELEKTRONIK: Key products and services
    • Harris
      • Table Harris: Business segmentation by revenue 2015
      • Table Harris: Key services and solutions
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2015
      • Table Key submarines fitted with TB-34
    • Northrop Grumman
      • Table Northrop Grumman: Business segmentation by revenue 2015
    • Raytheon
      • Table Raytheon: Business segmentation by revenue 2015
      • Table Raytheon: Key products and services
    • Thales
      • Table Thales: Business segmentation by revenue in 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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