World Submarine & MRO Market to Register 4.36% CAGR through 2027, Expects SDI in Its In-Demand Topical Report Available at MarketPublishers.com20 Dec 2017 • by Natalie Aster
LONDON – In the near future, the demand for submarines is predicted to be spurred by the enhancing need for control over the offshore natural resources as well as maritime trade routes, which are anticipated to play a significant role in fulfilling a country’s aspiration for supremacy.
The world’s submarines and MRO market will likely increase at a modest 4.36% CAGR between 2017 and 2027.
Amidst all categories, the SSN-Nuclear Attack Submarine sector is forecast to hold the biggest share of global expenditures and the largest share (39.1%) of the overall submarine and MRO market. It is followed by the SSK-Diesel Electric Submarine sector and the SSBN-Ballistic Missile Submarine sector with market shares of 37.4% and 23.5%, respectively.
APAC is set to hold the dominant position in the world’s submarines and MRO market through to 2027, accounting for a share of around 34.3%.
The in-demand topical research report “The Global Submarines and MRO Market 2017-2027” worked out by Strategic Defence Intelligence (SDI) offers a profound analysis of the world’s submarines and MRO market performance (historical, current and forecast) and presents updated market data. It gives an extensive overview of the key market sectors with vital details on their shares and growth rates. The publication describes the actual situation in the global as well as top regional market for submarines and MRO, covers the market dynamics and the main growth hindering and fueling factors, talks about the emerging growth opportunities and the key barriers and challenges. Besides, the study includes ten-year forecasts of the market development. Moreover, the report identifies lucrative investment opportunities and promising growth areas, provides a clear understanding of the competitive landscape, uncovers valuable data on the top players, reviews the recent industry developments and discusses the hottest issues and trends.
Visit the SDI online page at MarketPublishers.com to get access to many other topical reports prepared by this publisher.