Submarine Market - 4.74% CAGR Forecast to 2026 Sep 2016 | Page 2

The Global Submarine Market 2016-2026 The Global Submarine Market is expected to increase to US$36.3 billion by 2026, at a CAGR of 4.74% during the forecast period. The Global Submarine Market 2016-2026 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for Submarines, key market trends, and challenges faced by industry participants. During the forecast period, the demand for military submarines is expected to be driven by the need to replace aging submarines, and disputes over maritime borders and trade routes. In addition to a nuclear deterrent role, submarines play more crucial roles such as surveillance and reconnaissance, intelligence gathering, and patrolling and securing 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 submarine programs. Sample of Report Available @ http://www.reportsnreports.com/contacts/requestsample.aspx?name=699230. Order this report by calling [phone] or Send an email to [email protected] with your contact details and questions if any. © ReportsnReports.com / Contact [email protected] 2