Air Independent Propulsion for Submarine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Air-independent propulsion (AIP) is the latest marine propulsion technology, which allows a submarine to operate without access to atmospheric oxygen. AIP is fitted or retrofitted on submarine hulls as an auxiliary source, with the diesel engine to handle surface propulsion. Earlier, diesel locomotive submarines had an underwater endurance for a few days and needed to travel back to surface for charging their batteries.

MARKET SCOPE

The "Global Air Independent Propulsion for Submarine Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the air independent propulsion for submarine market with detailed market segmentation by type, fit and geography. The report provides key statistics on the market status of the leading air independent propulsion for submarine market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

- Based on type, the global air independent propulsion for submarine market is segmented into stirling, mesma, fuel cells, others
- On the basis of fit, the market is segmented line fit, retro fit

MARKET DYNAMICS
Drivers:

- Owing to the increasing importance of submarines in naval warfare, submarine technology upgrade programs are expected to drive the marketplace for AIP systems.
- The need for extended submerged periods, cost efficiency, increased investment in R&D, and technological advancements in submarine systems.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The air independent propulsion for submarine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the air independent propulsion for submarine market in these regions.

IMPACT OF COVID-19 ON AIR INDEPENDENT PROPULSION FOR SUBMARINE MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Air Independent Propulsion for Submarine Market Report Analysis

Air Independent Propulsion for Submarine Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Saab AB
• thyssenkrupp AG
• United Shipbuilding Corporation
• Naval Group
• Navantia
• China Shipbuilding Industry Co., Ltd.
• General Dynamics Corporation
• Kongsberg Gruppen ASA
• Lockheed Martin Corporation

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Stirling
• MESMA
• Fuel Cells

By Fit

• Line Fit
• Retro Fit

MARKET PLAYERS

The report covers key developments in the air independent propulsion for submarine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from air independent propulsion for submarine market are anticipated to lucrative growth opportunities in the future with the rising demand for air independent propulsion for submarine in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the air independent propulsion for submarine market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Saab AB
- thyssenkrupp AG
- United Shipbuilding Corporation
- Naval Group
- Navantia
- China Shipbuilding Industry Co., Ltd.
- General Dynamics Corporation
- Kongsberg Gruppen ASA
- Lockheed Martin Corporation
- Siemens AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Air Independent Propulsion for Submarine Market Report Scope