Key vendors to strategically increase their sales through partnerships and collaborations
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global submarine sensors market in their latest research report. This report also lists 4 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of different types of submarine devices.
- SSN-nuclear attack submarine: This is nuclear-powered submarine and is specifically designed to attack and sink other submarines, surface combatants, and merchant’s vessels.
- SSK-diesel electric submarine: This is naval diesel-electric submarine made in Russia and is used for anti-shipping and anti-submarine operations in shallow waters.
This Technavio report, under defense vertical, is based on the synthesis, analysis, and interpretation of information about the global submarine sensors market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The players in the market compete on the basis of cost, product quality, reliability, and aftermarket service. The manufacturers are focusing on producing cost-effective and high-quality sensors for submarines to survive the intense competition in the market. The vendors are implementing lightweight materials and computer-based manufacturing technologies to ensure precision and accuracy of the sensors. Various government organizations around the world are encouraging the development of underwater vehicles and their electronic components. The companies are investing in the development and innovation of advanced, cost-efficient, and effective sensors for combat submarines to attract more consumers and increase their global footprint.
“The manufacturers in the market are using 3D printing and composite materials for the production of submarine sensors. The use of 3D printing technology helps in producing micro-components of almost any shape or geometry and allows cost-efficient and just-in-time manufacturing of parts. This technology also permits quick design and rapid changes of internal features in the sensors and combat systems making the structures very lightweight,” says Moutushi Saha, a lead analyst at Technavio for research on defense.
Top five vendors in the submarine sensors market space
ATLAS ELEKTRONIK
The company designs, manufactures, and markets naval and maritime solutions and its offers surface combatant systems, maritime security systems, communication systems, submarine systems, and anti-submarine warfare systems. The company also provides integrated mission systems, command and control systems, heavyweight torpedoes, and sonar systems for naval and civilian applications.
Key products: Submarine sonar systems, Integrated command and control systems for submarines, and Integrated Sensor Underwater Systems (ISUS).
Harris
Harris provides technology-based solutions that include communication systems, electronic systems, space and intelligence systems, and critical networks to government and commercial consumers. Recently, it received a contract of around $15 million from the US Navy to manufacture and deliver acoustic sensors for LWWAA systems installed on 10 Virginia-class submarines of the US Navy.
Key products: Acoustic Sensors and Sonar and command systems.
Lockheed Martin
The company is involved in research activities, supply, and production of advanced technology systems, products, and services to global space, defense, and aerospace industries. In recent times, the company received a contract worth $425 million from the US Navy to build advanced sonar systems.
Key products: Tower sonar arrays and Submarine combat systems.
Northrop Grumman
Northrop Grumman offers products, systems, and solutions in electronics, aerospace, information systems, and technical service industries and offers its products to commercial and government customers. Recently, the company has signed a memorandum of agreement with Ultra Electronics to gather maritime technologies and anti-submarine warfare capabilities for its autonomous maritime systems.
Key products: Submarine hull arrays and Fiber-optic acoustic sensors (FOAS).
Raytheon
The company develops integrated solutions, services, and products in the areas of sensing, effects, mission support, and cyber and information security command, control, communications, and intelligence. In recent times, the company unveiled a new sonar system that detects underwater submarines and it was developed for the US’s Defense Advanced Research Projects Agency (DARPA).
Key products: Sonar systems and Acoustic sensors.
Other prominent vendors in this market include DRS Technologies, Ducommun, L-3 KEO, and Safran Electronics & Defense.
A more detailed analysis is available in the Technavio report, Global Submarine Sensors Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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