Global Submarine Air-Independent Propulsion (AIP) Systems Market 2017-2021

Published: September 2017
No. of Pages: 67
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Air-independent propulsion (AIP) systems are any marine propulsion technologies that enable a non-nuclear submarine to operate without access to atmospheric oxygen, thus eliminating the need for surfacing or snorkeling. Most AIP systems generate electricity, which, in turn, drives an electric motor for propulsion or recharges the submarine's batteries. Apart from assisting in propulsion, the AIP system on board the submarine can also be used as a backup to supplement the immediate power requirements for the on-board electrical and electronic equipment during an emergency.

The analysts forecast global submarine air-independent propulsion (AIP) systems market to grow at a CAGR of 13.80% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global submarine air-independent propulsion (AIP) systems market for 2017-2021. To calculate the market size, the report considers the new development and procurement of AIP systems for new as well as existing fleets of submarines.

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

  • Americas
  • APAC
  • EMEA

This report, Global Submarine Air-Independent Propulsion (AIP) Systems Market 2017-2021, 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

  • United Shipbuilding Corporation
  • Saab
  • Thyssenkrupp
  • United Technologies

Other prominent vendors

  • Kawasaki Heavy Industries
  • Siemens

Market driver

  • Enhancement in underwater endurance of non-nuclear submarines
  • For a full, detailed list, view our report

Market challenge

  • Engineering challenges in existing fuel cell technologies
  • For a full, detailed list, view our report

Market trend

  • Development of second-generation submarine AIP batteries and fuel cells
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 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?

Published By: Technavio
Product Code: Technavio17521

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