Underwater Expendables Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Underwater expendables are among the key technologies used in the maritime defense. The expendable sonar and countermeasure systems used for conducting anti-submarine warfare, underwater acoustic research, and torpedo defense countermeasures can be termed as underwater expendables. Underwater expendables mainly include sonobuoy and acoustic countermeasures deployed from maritime aircraft, helicopters, surface ships, and submarines.
MARKET DYNAMICS
The increasing demand for underwater expendables is supported by various factors including rapidly growing submarine fleet, increasing focus towards underwater warfare systems, increasing focus towards enhancing anti-submarine warfare capabilities, rising navy movements in the Sea, the introduction of new UAV platforms, and increasing innovations in acoustic countermeasures, are some of the major factors anticipated to boost the growth of the market.
MARKET SCOPE
The "Global Underwater Expendables Market Analysis to 2028" is a specialized and in-depth study of the Underwater expendables market with a special focus on the global market trend analysis. The report aims to provide an overview of underwater expendables market with detailed market segmentation by product type, platform type. The global underwater expendables market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading underwater expendables market player and offers key trends and opportunities in the underwater expendables market.
MARKET SEGMENTATION
The global underwater expendables market is segmented on the basis of product type, platform type. On the basis of product type, market is segmented as sonobuoy, acoustic countermeasures. On the basis of platform type, market is segmented as defense, commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global underwater expendables market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Underwater expendables market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Underwater expendables market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis highlighting factors effecting the underwater expendables market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global underwater expendables market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Underwater expendables market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Underwater expendables market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis highlighting factors effecting the underwater expendables market in these regions.
MARKET PLAYERS
The reports cover key developments in the underwater expendables market 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 market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from underwater expendables market are anticipated to lucrative growth opportunities in the future with the rising demand for underwater expendables market. Below mentioned is the list of few companies engaged in the underwater expendables market.
The report also includes the profiles of key underwater expendables market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Ultra Electronics Holdings plc
- Sparton Corporation
- Thales Group
- Lockheed Martin Corporation
- Naval Group
- Rafael Advanced Defense Systems Ltd
- Leonardo S.p.A.
- ATLAS ELEKTRONIK GmbH
- L3Harris Technologies, Inc;
- General Dynamics Corporation.
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Underwater Expendables Market - By Product Type
1.3.2Underwater Expendables Market - By Platform Type
1.3.3Underwater Expendables Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.UNDERWATER EXPENDABLES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTERâ™S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.UNDERWATER EXPENDABLES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.UNDERWATER EXPENDABLES MARKET - GLOBAL MARKET ANALYSIS
6.1.UNDERWATER EXPENDABLES - GLOBAL MARKET OVERVIEW
6.2.UNDERWATER EXPENDABLES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.UNDERWATER EXPENDABLES MARKET - REVENUE AND FORECASTS TO 2028 â" PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.SONOBUOY
7.3.1.Overview
7.3.2.Sonobuoy Market Forecast and Analysis
7.4.ACOUSTIC COUNTERMEASURES
7.4.1.Overview
7.4.2.Acoustic Countermeasures Market Forecast and Analysis
8.UNDERWATER EXPENDABLES MARKET - REVENUE AND FORECASTS TO 2028 â" PLATFORM TYPE
8.1.OVERVIEW
8.2.PLATFORM TYPE MARKET FORECASTS AND ANALYSIS
8.3.DEFENSE
8.3.1.Overview
8.3.2.Defense Market Forecast and Analysis
8.4.COMMERCIAL
8.4.1.Overview
8.4.2.Commercial Market Forecast and Analysis
9.UNDERWATER EXPENDABLES MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Underwater Expendables Market Overview
9.1.2North America Underwater Expendables Market Forecasts and Analysis
9.1.3North America Underwater Expendables Market Forecasts and Analysis - By Product Type
9.1.4North America Underwater Expendables Market Forecasts and Analysis - By Platform Type
9.1.5North America Underwater Expendables Market Forecasts and Analysis - By Countries
9.1.5.1United States Underwater Expendables Market
9.1.5.1.1United States Underwater Expendables Market by Product Type
9.1.5.1.2United States Underwater Expendables Market by Platform Type
9.1.5.2Canada Underwater Expendables Market
9.1.5.2.1Canada Underwater Expendables Market by Product Type
9.1.5.2.2Canada Underwater Expendables Market by Platform Type
9.1.5.3Mexico Underwater Expendables Market
9.1.5.3.1Mexico Underwater Expendables Market by Product Type
9.1.5.3.2Mexico Underwater Expendables Market by Platform Type
9.2.EUROPE
9.2.1Europe Underwater Expendables Market Overview
9.2.2Europe Underwater Expendables Market Forecasts and Analysis
9.2.3Europe Underwater Expendables Market Forecasts and Analysis - By Product Type
9.2.4Europe Underwater Expendables Market Forecasts and Analysis - By Platform Type
9.2.5Europe Underwater Expendables Market Forecasts and Analysis - By Countries
9.2.5.1Germany Underwater Expendables Market
9.2.5.1.1Germany Underwater Expendables Market by Product Type
9.2.5.1.2Germany Underwater Expendables Market by Platform Type
9.2.5.2France Underwater Expendables Market
9.2.5.2.1France Underwater Expendables Market by Product Type
9.2.5.2.2France Underwater Expendables Market by Platform Type
9.2.5.3Italy Underwater Expendables Market
9.2.5.3.1Italy Underwater Expendables Market by Product Type
9.2.5.3.2Italy Underwater Expendables Market by Platform Type
9.2.5.4United Kingdom Underwater Expendables Market
9.2.5.4.1United Kingdom Underwater Expendables Market by Product Type
9.2.5.4.2United Kingdom Underwater Expendables Market by Platform Type
9.2.5.5Russia Underwater Expendables Market
9.2.5.5.1Russia Underwater Expendables Market by Product Type
9.2.5.5.2Russia Underwater Expendables Market by Platform Type
9.2.5.6Rest of Europe Underwater Expendables Market
9.2.5.6.1Rest of Europe Underwater Expendables Market by Product Type
9.2.5.6.2Rest of Europe Underwater Expendables Market by Platform Type
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Underwater Expendables Market Overview
9.3.2Asia-Pacific Underwater Expendables Market Forecasts and Analysis
9.3.3Asia-Pacific Underwater Expendables Market Forecasts and Analysis - By Product Type
9.3.4Asia-Pacific Underwater Expendables Market Forecasts and Analysis - By Platform Type
9.3.5Asia-Pacific Underwater Expendables Market Forecasts and Analysis - By Countries
9.3.5.1Australia Underwater Expendables Market
9.3.5.1.1Australia Underwater Expendables Market by Product Type
9.3.5.1.2Australia Underwater Expendables Market by Platform Type
9.3.5.2China Underwater Expendables Market
9.3.5.2.1China Underwater Expendables Market by Product Type
9.3.5.2.2China Underwater Expendables Market by Platform Type
9.3.5.3India Underwater Expendables Market
9.3.5.3.1India Underwater Expendables Market by Product Type
9.3.5.3.2India Underwater Expendables Market by Platform Type
9.3.5.4Japan Underwater Expendables Market
9.3.5.4.1Japan Underwater Expendables Market by Product Type
9.3.5.4.2Japan Underwater Expendables Market by Platform Type
9.3.5.5South Korea Underwater Expendables Market
9.3.5.5.1South Korea Underwater Expendables Market by Product Type
9.3.5.5.2South Korea Underwater Expendables Market by Platform Type
9.3.5.6Rest of Asia-Pacific Underwater Expendables Market
9.3.5.6.1Rest of Asia-Pacific Underwater Expendables Market by Product Type
9.3.5.6.2Rest of Asia-Pacific Underwater Expendables Market by Platform Type
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Underwater Expendables Market Overview
9.4.2Middle East and Africa Underwater Expendables Market Forecasts and Analysis
9.4.3Middle East and Africa Underwater Expendables Market Forecasts and Analysis - By Product Type
9.4.4Middle East and Africa Underwater Expendables Market Forecasts and Analysis - By Platform Type
9.4.5Middle East and Africa Underwater Expendables Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Underwater Expendables Market
9.4.5.1.1South Africa Underwater Expendables Market by Product Type
9.4.5.1.2South Africa Underwater Expendables Market by Platform Type
9.4.5.2Saudi Arabia Underwater Expendables Market
9.4.5.2.1Saudi Arabia Underwater Expendables Market by Product Type
9.4.5.2.2Saudi Arabia Underwater Expendables Market by Platform Type
9.4.5.3U.A.E Underwater Expendables Market
9.4.5.3.1U.A.E Underwater Expendables Market by Product Type
9.4.5.3.2U.A.E Underwater Expendables Market by Platform Type
9.4.5.4Rest of Middle East and Africa Underwater Expendables Market
9.4.5.4.1Rest of Middle East and Africa Underwater Expendables Market by Product Type
9.4.5.4.2Rest of Middle East and Africa Underwater Expendables Market by Platform Type
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Underwater Expendables Market Overview
9.5.2South and Central America Underwater Expendables Market Forecasts and Analysis
9.5.3South and Central America Underwater Expendables Market Forecasts and Analysis - By Product Type
9.5.4South and Central America Underwater Expendables Market Forecasts and Analysis - By Platform Type
9.5.5South and Central America Underwater Expendables Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Underwater Expendables Market
9.5.5.1.1Brazil Underwater Expendables Market by Product Type
9.5.5.1.2Brazil Underwater Expendables Market by Platform Type
9.5.5.2Argentina Underwater Expendables Market
9.5.5.2.1Argentina Underwater Expendables Market by Product Type
9.5.5.2.2Argentina Underwater Expendables Market by Platform Type
9.5.5.3Rest of South and Central America Underwater Expendables Market
9.5.5.3.1Rest of South and Central America Underwater Expendables Market by Product Type
9.5.5.3.2Rest of South and Central America Underwater Expendables Market by Platform Type
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.UNDERWATER EXPENDABLES MARKET, KEY COMPANY PROFILES
11.1.ULTRA ELECTRONICS HOLDINGS PLC
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.SPARTON CORPORATION
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.THALES GROUP
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.LOCKHEED MARTIN CORPORATION
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.NAVAL GROUP
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.RAFAEL ADVANCED DEFENSE SYSTEMS LTD
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.LEONARDO S.P.A.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.ATLAS ELEKTRONIK GMBH
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.L3HARRIS TECHNOLOGIES, INC
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.GENERAL DYNAMICS CORPORATION
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Ultra Electronics Holdings plc
2. Sparton Corporation
3. Thales Group
4. Lockheed Martin Corporation
5. Naval Group
6. Rafael Advanced Defense Systems Ltd
7. Leonardo S.p.A.
8. ATLAS ELEKTRONIK GmbH
9. L3Harris Technologies, Inc
10. General Dynamics Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.