A new report by Defence IQ describes the market for new submarines, which is forecast to exceed USD 100 billion over the next ten years.
A total of 451 submarines are in service worldwide – excluding midget/mini submarines (56) – with the fleets of the U.S.A. (72), Russia (57) and China (62) amounting to 43 per cent of the world fleet. 41 countries currently operate submarines. A further 96 vessels are on order or under construction.
Defence IQ's latest report gives insight into:
- Selected acquisition and modernisation from around the world (active programmes and expected acquisitions)
- Latest data on national fleet inventories around the world
- Regional and world total submarine numbers
The full report can be downloaded from the Defence IQ website.
