TechNavio recognizes the following companies as the key players in the Global SSK Submarines Market 2012-2016: DCNS S.A., ThyssenKrupp AG, Mitsubishi Heavy Industries Ltd., and Kawasaki Heavy Industries.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The Global SSK Submarine market is expected to witness increasing collaboration between countries in the near future. Such collaboration between countries will help to reduce the cost associated with development programs and enable partnering countries to gain market share. Furthermore, developing countries are building their naval product manufacturing capabilities by acquiring technologies from companies that have capabilities in this industry, which will drive the market in the future.”
According to the report, one of the major growth drivers is the increasing defense budgets in a number of countries. Governments in countries such as China, India, Brazil, Saudi Arabia, Russia, the United Arab Emirates, South Korea, and Spain are expected to increase the share of their defense budgets to double digits by 2015, driving the Global SSK Submarine market.
Further, the report states that the introduction of products using new technologies or the adoption of new industry standards can make existing products or products under development obsolete or unmarketable. In this scenario, to compete effectively companies have to continuously innovate and introduce new products that gain market acceptance.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ASC Pty Ltd, Daewoo Shipbuilding and Marine Engineering Co. Ltd, Howaldtswerke-Deutsche Werft GbmH, Mazagon Dock Limited, Nordseewerke Emden GmbH, and Wuhan Shipbuilding.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-ssk-submarines-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global SSK Submarines Market 2012-2016
