Submarine Market - 4.74% CAGR Forecast to 2026 Sep 2016 | Page 5

The Global Submarine Market 2016-2026 Key Findings The global submarine market is worth US$22.8 billion in 2016, and is expected to increase to US$36.3 billion by 2026, at a CAGR of 4.74% during the forecast period The market is expected to be dominated by North America, occupying 37% of market share, followed by Asia Pacific and Europe, with shares of 32% and 24% respectively. The Middle East, Latin America, and Africa are expected to account for the remaining 7% of the overall submarine market The SSN segment is estimated to account for 38.3% of the global submarine market. SSK and SSBN segments are also expected to account for a significant portion of the total submarine market during the forecast period, with shares of 35.3% and 26.4% respectively Global spending on submarine MROs is projected to increase from US$2.8 billion in 2016 to US$3.3 billion in 2026, registering a CAGR of 1.67% during the forecast period. Complete TOC Available @ http://www.reportsnreports.com/reports/699230-the-global-submarinemarket-2016-2026.html. Order this report by calling [phone] or Send an email to [email protected] with your contact details and questions if any. 5 © ReportsnReports.com / Contact [email protected]