The return of great power politics is putting submarines in the spotlight once again. With the world drifting towards a Cold War redux, due to the Chinese assertiveness in the APAC region, the Russian aggressiveness in Ukraine and the High North, the submarines remain a credible deterrence, strike and ISR platform.
Moreover, the fact that around a third of the Earth’s population lives near the coastline, as well as the fact that several of a state’s infrastructure (harbours, telecommunication and internet cables) are in the littoral or passing from the bottom of the sea to connect continents and countries, in addition to natural resources, make the protection of those areas a difficult task.
Although the role of the submarines remains the same as in the past, the capabilities that these platforms integrate is gradually expanding. Besides their ability to operate under stealth, developing new subsystems and incorporating new technologies is crucial for them to remain at the forefront of competition. What is expected to strongly impact the market is the introduction of unmanned maritime systems (UMS) and technological enablers.
The industrial landscape is rather steady as the capability to design submarines remains confined to around eight and in the near future 10 countries, while production can include a few more shipbuilders who construct them under license. We would expect an increase in joint ventures or collaborations schemes among well-established shipyards and new clients (e.g. the Norwegian or Dutch submarines programmes), but limited efforts to build a new industrial capability from the ground. The SSN AUKUS is an exception to that, due to the political considerations associated with it.
Due to the long-term planning required in the shipbuilding of a submarine and the life-cycle which usually is between 30 and 40 years, competition among manufacturers is stark.
Market Forecast’s study “Submarines - Market and Technology Forecast to 2031” has collected the data on current submarines inventories, future programmes and analysed them to forecast the evolution of the market, its subsystems and technologies over the 2023-2031 period.Single User License: This license allows for use of a report by one person. This person may use the report on any computer, and may print out the report, but may not share the report (or any information contained therein) with any other person or persons. Unless a Departmental License, a Site License or a Global Site License is purchased, a Single User License must be purchased for every person that wishes to use the report within the same enterprise. Customers who infringe these license terms are liable for a Global Site license fee.
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Report Code: | MF221916 |
Published: | June 14, 2023 |
Pages: | 138 (A4) |