Global Undersea Warfare Systems Market to Post 3.85% CAGR, States SDI in Its New Report Published at MarketPublishers.com15 Nov 2017 • by Natalie Aster
LONDON – Worldwide, the undersea warfare systems (USW) market is projected to record a 3.85% CAGR over the forecast period, amounting to USD 16.1 billion by 2027.
The demand for USW systems is poised to be stimulated by surging disputes centered on sea borders, trade routes and offshore resources. Anti-access area denial (A2/AD) and counter A2/AD are turning into a key part of naval strategies used by leading navies worldwide and submarine warfare is projected to reacquire its prominence.
With respect to categories, combat systems dominate the marketplace, and they are set to account for 61.5% of the total global market in the projected future. The sensors and manned & unmanned systems are also important market segments.
Geography-wise, the APAC region is poised to be the biggest regional market capturing a share of 34.1%. North America, led by the USA, is the 2nd biggest market, with total expenditure on USW systems worth USD 46.9 billion in the foreseeable future. In Europe, Russia, the UK and France are the most prominent markets.
Topical research report “The Global Undersea Warfare Systems Market 2017-2027” drawn up by SDI offers a profound, unprejudiced analysis and forecast of the market on a global level. It offers a detailed assessment of the industry, with market size projections through to 2027. The study gives a detailed market analysis and forecasts, alongside limelighting the demand drivers and growth propellers. It also provides a brief review of the spending and modernisation patterns of various regions globally. It tracks the recent technological developments and gives a detailed analysis of the varying preferences of USW systems segments worldwide. It reviews the trends of the dynamic structure of the industry, and identifies the challenges confronted by the market players. The report investigates the leading markets in each of the regions discussed, assessing the major market segments that will likely be in demand. It details key programs in each market segment, which are to be carried out in the offing. The study canvasses the competitive scenario, and also gives an overview of top 15 players.
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