Submarines are the most powerful vessel for performing underwater stealth operations such as anti-submarine warfare. During such secretive activities, submarines need to be silent in order to remain undetected from the enemy forces. Propulsion system plays an extremely important role in the functioning of a submarine for the completion of its desired operations. Majorly nuclear submarines are used due to their capability of performing extended operations. These propulsion system equipped submarines are expensive and generate a high level of noise which becomes a major threat. Therefore, diesel-electric submarines are used by several countries as they are silent and suitable for performing activities in littoral surfaces. Diesel-electric submarines have to get back on the surface to get fresh oxygen in order to recharge their batteries through diesel engines. This exposes such conventional submarines to the enemy radars and increases the chances of getting attacked.
Enhancement in underwater endurance of non-nuclear submarines will be one of the major factors that will have a positive impact on the growth of the market. The engines of the submarine require contact with the surface atmosphere to intake fresh air and to vent out engine exhaust. An AIP system helps a submarine to recharge its batteries without the need to contact surface atmosphere. Due to this, the submarine's snorkeling frequencies reduce and its underwater endurance increases. Owing to such benefits for the implementation of submarine AIP systems by armed forces globally, will propel the market growth.
APAC is expected to be the major revenue contributor to the market by 2023. The region has a vast stretch of shared maritime waters which requires vessels with high endurance capabilities. So, procurement and modernization of vessels with high endurance like AIP-equipped submarines is being promoted by these countries.
In 2019, the market size of Submarine Air-Independent Propulsion (AIP) Systems is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Submarine Air-Independent Propulsion (AIP) Systems.
This report studies the global market size of Submarine Air-Independent Propulsion (AIP) Systems, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Submarine Air-Independent Propulsion (AIP) Systems production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
United Shipbuilding Corporation
Kawasaki Heavy Industries
Market Segment by Product Type
Stirling Engine Submarine AIP Systems
Fuel Cell Submarine AIP Systems
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Submarine Air-Independent Propulsion (AIP) Systems status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Submarine Air-Independent Propulsion (AIP) Systems manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Submarine Air-Independent Propulsion (AIP) Systems are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025