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From start-ups to market leaders, access critical company intelligence on a global scale
From industry deep dives to global trends, access authoritative research from our experts
Uncover your next opportunity with trusted data & insights that cut across industries
Discover the disruptive forces shaping tomorrow's world, today
Explore our diverse collection of unique datasets and find the advantage you need
Get clarity into the latest emerging themes with our reports
Military MRO Report
Technological developments such as Air-independent propulsion (AIP), sonar sensor technology, supercavitation technology, electro-optical sensors, and lasers have been adding advanced capabilities on submarines
The need for control over the offshore natural resources and maritime trade routes is driving the demand for submarines. These are expected to play a pivotal role in fulfilling a country’s aspiration for supremacy.
Major naval forces are staring at fleets of technically obsolete and aging submarines, demanding huge investments in the procurement of new-age submarines. In addition to having an important nuclear deterrent role, submarines are playing more crucial roles such as surveillance and reconnaissance, intelligence gathering, patrolling and securing the maritime borders, and trade routes.
The growing importance of submarines in these roles is driving the demand for submarines and related MRO services in countries with substantial maritime borders, by compelling them to invest heavily in procurement, mid-life upgrades, and MRO program submarines.
This report offers detailed analysis of the Global Submarines and MRO market over the next ten years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry, and analyzes factors influencing demand for various types of submarines. Additionally, the report also highlights challenges faced by industry participants.