Global Submarine Battery Market 2016-2020




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About Submarines

Submarines are crucial in a naval fleet due to their multi-operational capabilities and ability to complement other strategic resources. The global submarine market declined drastically in 1991 toward the end of the Cold War period. Since then, Brazil, Russia, India, and China (BRIC) and other developing countries of APAC are investing in the submarine market to strengthen their naval capabilities.

Technavios analysts forecast the global submarine battery market to grow at a CAGR of 5.28% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global submarine battery market for 2016-2020. To calculate the market size, the report considers the total number of submarines, segmentation by submarine type and average unit price.

The market is divided into the following segments based on geography:

Technavio's report, Global Submarine Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Exide Technologies
HBL Power Systems
Sunlight Systems

Other prominent vendors
Exide Industries
GS Yuasa

Market driver
Rising investments in submarines
For a full, detailed list, view our report

Market challenge
Recycling concerns over growing use of LAB
For a full, detailed list, view our report

Market trend
Development of new battery technologies
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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