© 2016 Global Market Insights, Inc. USA. All Rights Reserved Submarine Combat Systems Market to hit $9.5bn by 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Submarine Combat Systems Market is estimated to exceed USD 9.5 billion by 2025; according to a new research report by Global Market Insights, Inc.  The governments across the globe are focusing to enhance and enlarge maritime warfare capabilities in their naval fleet. The rising political disputes among countries, development of advanced submarine system, and growing requirement to modernize the weapon systems will drive the submarine combat systems market. Additionally, growing usage of fast attack submarines coupled with advantages offered by this system such as stealth capabilities and faster operations will support the market growth.  The countries including Russia are developing advanced super-cavitating torpedoes. These torpedoes are propelled by rocket engines and attain high speeds of 200 knots an hour. These technical developments will further support penetration of submarine combat systems market over the study timeframe. Key Insights from Submarine Combat Systems Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  The SSK submarine segment will showcase significant growth in submarine combat systems market owing to submarine modernization plan of several countries. SSK are compact, agile, and less noisy as compared to their counterparts. Additionally, industry players are securing contracts from governments to equip their submarines with latest weapons.  Torpedoes weapon segment will showcase significant growth rate in submarine combat systems market. This can be credited to higher procurement and commissioning of high-tech, longer range and lethal submarines that can launch heavyweight torpedoes. The development of new torpedoes allow navy to destroy targets at ranges up to 5 miles and at speed greater than 28 knots.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latest Research Report On Submarine Combat Systems Request for a sample of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Submarine Combat System Market, By Submarine, 2018 & 2025, (USD Million)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Thales Group Northrop Grumman Lockheed Martin Atlas Elektronik Raytheon BAE Systems Major Companies in Submarine Combat Systems Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Industry Coverage

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  European submarine combat systems market share will hold dominance over the study timeframe. The dominance can be attributed to the purchase of new submarines and modernization of naval fleet by several countries. For instance, in 2016, the UK Defense Secretary approved the replacement of existing Vanguard submarines with four Dreadnought nuclear deterrent submarines. These submarines will be equipped with Trident D5 missiles and MK 48 torpedoes.  Latin American submarine combat systems market will witness momentous gains over the study timeframe owing to upgradation of combat systems on existing submarine fleet as part of extensive defense programs. For instance, in 2014, Brazilian Navy announced to upgrade its four Tupi-class submarines with MK-48 torpedoes including extensive electronic refurbishment. Regional Insights in Submarine Combat Systems Market:

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