Global Military Shipbuilding, Submarines Market to Grow

Analysts forecast the Global Military Shipbuilding and Submarines Market to grow at a CAGR of 2.93 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing share of defense budget.

The Global Military Shipbuilding and Submarines market has also been witnessing increasing collaborations between countries. However, the complex regulatory requirements could pose a challenge to the growth of this market.

Global Military Shipbuilding and Submarines Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the US, and the Europe and APAC regions; it also covers the Global Military Shipbuilding and Submarines market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include BAE Systems plc., DCNS S.A., General Dynamics Corp., and Northrop Grumman Corp.

Other vendors mentioned in the report: Singapore Technologies Engineering, Mitsubishi Heavy Industries, and Daewoo Shipbuilding and Marine Engineering Co. Ltd.

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Press Release, January 4, 2013

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