Air-independent Propulsion System Market Recent Trends, Business Scenario, High Demand, Product, Share and Forecasts 2031
Air-independent Propulsion System: Introduction
·
Air-independent propulsion system is
a marine propulsion technology that allows a submarine to operate without
access to the atmospheric oxygen. Air-independent propulsion system can be
retrofitted or fitted as an auxiliary source on a submarine, with the diesel
engine to handle surface propulsion.
·
Air-independent propulsion system
generates electricity to drive an electric motor for propulsion or recharge
the batteries of a boat
Get Boucher Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=81380
Key Drivers and Restraints of Air-independent Propulsion System Market
·
Diesel-electric submarines have less
underwater endurance time, as they need to come to the surface frequently to
charge their batteries. Batteries used in a submarine get discharged in four to
five days and need to be recharged. Rapid discharge of batteries in submarines
has boosted the demand for a system that may enable diesel-electric submarines
to recharge their batteries without keeping their engines running. This is
expected to drive the air-independent propulsion system market during the
forecast period, as the air-independent propulsion technology enables a
submarine to operate without the need of the outside air.
·
Technological innovation in design of
submarine to make it quieter and increase their underwater endurance is
expected to drive the air-independent propulsion system market
·
Expansion of submarine fleet along
with the increase in importance of submarines in naval warfare is anticipated
to propel the air-independent propulsion system market during the forecast
period
Retrofit Installation Segment Expected to Hold Major Share of Global
Air-independent Propulsion System Market
·
The global air-independent propulsion
system market can be segmented based on installation and region
·
Based on installation, the global
air-independent propulsion system market can be classified into retrofit and
line-fit. Increase in demand for a system that enables the existing
diesel-electric submarines to operate without access to atmospheric oxygen is
expected to drive the demand for retrofit installation in air-independent
propulsion systems.
Take Enquiry before buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=81380
Key Development
·
In December 2020, General Directorate
of Armament and Material of Spain signed a contract with Jalvasub Engineering
to launch Medusa 300, a fuel-cell for air-independent propulsion (AIP) for the
S-80 submarines for the Navy of Spain
·
In November 2019, The Defense
Research and Development Organization (DRDO) announced plans to build a fuel
cell-based air-independent propulsion (AIP) system for Indian naval submarines
North America to Hold Major Share of Global Air-independent Propulsion
System Market
·
In terms of region, the global
air-independent propulsion system market can be divided into Middle East &
Africa, Latin America, Asia Pacific, Europe, and North America
·
North America is projected to hold
key share of the market during the forecast period due to ongoing investments
in development of shipbuilding infrastructure in the region
·
Europe is likely to be a stable
region of the global air-independent propulsion system market, owing to the
presence of aging submarine replacement programs. Technological advancement in
design of marine propulsion systems to optimize their efficiency is anticipated
to boost the demand for air-independent propulsion system in Europe in the near
future.
·
The air-independent propulsion system
market in Asia Pacific is projected to expand at a significant pace during the
forecast period due to surge in investments in the development of fuel
cell-based air-independent propulsion systems for submarines. Increase in
shipbuilding activities in developing economies, including China, Japan, India,
is also anticipated to propel the market in the region. Introduction of
ambitious plans to establish naval superiority in the Pacific is further
estimated to support the growth of the air-independent propulsion system market
in Asia Pacific.
Key Players Operating in Global Air-independent Propulsion System Market
Leading
companies operating in the global air-independent propulsion system market
include:
·
SAAB
·
SENER
·
General Dynamics Corporation
·
China Shipbuilding Industry Co., Ltd
·
Siemens AG
Global Air-independent Propulsion System Market: Research Scope
Global Air-independent Propulsion
System Market, by Installation
·
Retrofit
·
Line-fit
Contact For Customized Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=81380
COVID-19 Impact Analysis
·
Governments of several countries
across the globe have imposed strict lockdowns as part of measures to limit the
spread of the coronavirus pandemic. Many multinational development projects and
production activities have been either slowed down or have come to a halt due
to delays caused by supply chain, logistics, and related disruptions.
·
Defense projects involve rigorous
supply chains where contractors procure several components and parts from
suppliers all over the world. This has been the standard mode of operation,
especially for the defense sector in Western countries. Disruption in the
supply chain has adversely affected the manufacture of air-independent
propulsion system. Thus, the COVID-19 pandemic has hampered the global
air-independent propulsion system market.
More Trending Reports by TMR:
About Us Section:
Transparency Market Research is a global market
intelligence company, providing global business information reports and
services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. Our
experienced team of Analysts, Researchers, and Consultants, use proprietary
data sources and various tools and techniques to gather, and analyse
information.
Now avail flexible Research Subscriptions, and
access Research multi-format through downloadable databooks, infographics,
charts, interactive playbook for data visualization and full reports through
MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free
trial!
Contact Us
Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
Comments
Post a Comment