The Global Submarine market is expected to value US$21.7 billion by 2023 - Have you taken advantage of it's growth?

In 2013 the global submarine market is expected to value US$14.4 billion and has been forecast to grow to US$21.7 billion by 2013, representing a CAGR of 4.2% during the forecast period. The demand for Submarines is anticipated o be driven by the need for balance of power of the major countries. In a bid to counter the growing threat of the Chinese Navy, various nations around the world are expected to procure numerous submarines during the forecast period. 

The report, The Global Submarine Market 2013-2023, provides in depth analysis of the following:

• Global submarine market size and drivers: detailed analysis into technological developments in the submarine market during the forecast period, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernisation patterns for different regions around the world.

• Recent developments and industry challenges: insights into technological developments in the submarine market and a detailed analysis of the changing preferences of naval forces around the world. 

• SWOT analysis of the submarine market: analysis of the industry characteristics by determining the strengths, weaknesses, opportunities and threats faced by the submarine industry. 

• Global submarines country analysis: analysis of the key markets in each region, providing an analysis of the top three segments of submarines expected to be in demand.

• Major programs: details of the top three programs in each segment expected to be executed during the forecast period.

• Competitive landscape and strategic insights: it provides an overview of key naval shipbuilders, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

For more information about this report, click here.

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