Global Submarine-launched Missile Market 2017-2021
About Submarine Launched Missile
Submarine-launched missiles are classified into two categories: ballistic missiles (SLBMs) and cruise missiles (SLCMs). While SLBMs are launched vertically, SLCMs are launched in a low-altitude trajectory. Submarines equipped with these missiles enhance undersea operations and are capable of countering enemy attacks.
Technavio’s analysts forecast the global submarine launched missile market to grow at a CAGR of 4.74% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global submarine launched missile market for 2017-2021. To calculate the market size, the report discusses the major drivers influencing the market's growth and the challenges faced by the vendors and the market at large.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Submarine Launched Missile Market 2017-2021
Technavio recognizes the following companies as the key players in the global submarine launched missile market: Airbus Defense and Space, Boeing Defense, Space & Security, BrahMos Aerospace, Lockheed Martin, and Raytheon.
Other Prominent Vendors in the market are: BAE Systems, General Dynamics, MBDA, and Moscow Institute of Thermal Technology.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is 3D printed submarine-launched missiles. 3D printing is an evolving technology, which can be used to create and design a number of things. By using 3D printing technology, conventional methods like computerized numerical control (CNC) cutting, mold manufacturing, or canvas printing can be bypassed. This technology can be used to print electronics directly onto 3D surfaces, such as on rocket engines, missile fins, and their guidance systems. It also reduces the size and weight of submarine-launched missile systems.”
According to the report, one driver in the market is rapid procurement of Tomahawk SLCMs. The Tomahawk land attack missile (TLAM) is an all-weather, long-range, and subsonic cruise missile, manufactured by Raytheon. The missile comprises a W80 nuclear warhead and is launched from the US Navy surface ships (RGM variant) and submarines (UGM variant). These missiles can fly into heavily defended airspace more than 1,000 miles away from the point of launch and precisely strike high-value targets with minimal collateral damage. For example, during the NATO-led invasion of Libya in 2011, the Tomahawk missile played a significant role in eliminating key targets of the region.
Further, the report states that one challenge in the market is thermal issues associated with missiles. The increasing demand for supersonic submarine-launched missiles has resulted in the innovation of superior quality thermal protection system (TPS) to protect missile airframe from strength deterioration and malfunctioning of electronic packages due to severe aerodynamic heating. Submarine-launched missile systems are manufactured using composites, which can aid in fuel and weight savings for airframes, but they can also lead to an excessive heat generation. Conduction and thermal capacitance were the primary cooling techniques used for missile systems to counter this problem. However, the application of cooling technologies such as internal fluid and refrigeration cooling in missile systems is desirable but impossible due to packaging constraints.
Airbus Defense and Space, Boeing Defense, Space & Security, BrahMos Aerospace, Lockheed Martin, Raytheon, BAE Systems, General Dynamics, MBDA, Moscow Institute of Thermal Technology.
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