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Global Submarine-launched Missile Market 2017-2021

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:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Submarine Launched Missile Market 2017-2021, 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
  • Airbus Defense and Space
  • Boeing Defense
  • Space & Security
  • BrahMos Aerospace
  • Lockheed Martin
  • Raytheon
Other prominent vendors
  • BAE Systems
  • General Dynamics
  • MBDA
  • Moscow Institute of Thermal Technology
Market driver
  • Increasing investments in the development of submarine-launched missiles.
  • For a full, detailed list, view our report
Market challenge
  • Development of missile detection technologies.
  • For a full, detailed list, view our report
Market trend
  • Development of UGM-133 Trident II (D5) SLBM.
  • 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 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.



Companies Mentioned

Airbus Defense and Space, Boeing Defense, Space & Security, BrahMos Aerospace, Lockheed Martin, Raytheon, BAE Systems, General Dynamics, MBDA, Moscow Institute of Thermal Technology.

  • Executive summary
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Major examples of submarine-launched missiles
  • Market landscape
    • Market overview
      • Table Submarine-launched missiles: Segmentation
    • Market size and forecast
      • Table Global submarine-launched missile market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global submarine-launched missile market by type
      • Table Global submarine-launched missile market by type 2016 and 2021 (% share)
      • Table Global submarine-launched missile market by type 2016-2021 ($ billions)
    • Global SLBM market
      • Table Global SLBM market 2016-2021 ($ billions)
      • Table Number of SSBNs employed by different naval forces
    • Global SLCM market
      • Table Global SLCM market 2016-2021 ($ billions)
      • Table Examples of major SLCMs
  • Geographical segmentation
    • Global submarine-launched missile market by geography
      • Table Global submarine-launched missile market by geography 2016 and 2021 (% share)
      • Table Geographical segmentation by revenue 2016-2021 ($ billions)
    • Submarine-launched missile market in the Americas
      • Table Submarine-launched missile market in the Americas 2016-2021 ($ billions)
    • Submarine-launched missile market in APAC
      • Table Submarine-launched missile market in APAC 2016-2021 ($ billions)
    • Submarine-launched missile market in EMEA
      • Table Submarine-launched missile market in EMEA 2016-2021 ($ billions)
  • Market drivers
    • Advanced undersea warfare capabilities
      • Table Examples of attack submarines
    • Rapid procurement of Tomahawk SLCMs
      • Table Number of Tomahawk missiles procured during 2011-2015 in the US
    • Increasing investments in the development of submarinelaunched missiles
      • Table Impact of growing investments
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Budget constraints
      • Table Effects of defense budget cuts
    • Development of missile detection technologies
      • Table Impact of new technologies
    • Thermal issues associated with missiles
      • Table Thermal issues
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of UGM-133 Trident II (D5) SLBM
      • Table Budgets for D5 missile in the US 2015-2019 ($ billions)
    • 3D printed submarine-launched missiles
      • Table Attributes of 3D-printed submarine-launched missiles
    • SLBMs used in second-strike capabilities
      • Table Countries with second-strike capabilities
  • Vendor landscape
    • Competitive scenario
      • Table List of competitors in the global submarine-launched missile market
      • Table Major competitors: Benchmarking
    • Airbus Defense and Space
      • Table Airbus Defense and Space: Business segmentation by revenue in 2015
    • Boeing Defense, Space & Security
      • Table Boeing Defense, Space & Security: Geographical segmentation by revenue 2015 (%)
      • Table Boeing Defense, Space & Security: Types of missiles
    • BrahMos Aerospace
      • Table BrahMos Aerospace: Missile launch platforms
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2015 (%)
      • Table Lockheed Martin: Types of missile systems
    • Raytheon
      • Table Raytheon: Types of weapons
      • Table Raytheon: Business segmentation by revenue 2015 (%)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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