New Study from StrategyR Highlights a $1.3 Billion Global Market for Submarine Batteries by 2026
SAN FRANCISCO , July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Submarine Batteries - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: January 2022
Global Submarine Batteries Market to Reach $1.3 Billion by 2026
The U.S. Market is Estimated at $289 Million in 2021, While China is Forecast to Reach $222.9 Million by 2026
The Submarine Batteries market in the U.S. is estimated at US$289 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$222.9 Million by the year 2026 trailing a CAGR of 5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.
SSBN Segment to Reach US$254.4 Million by the year 2026
In the global SSBN segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$148.4 Million will reach a projected size of US$216.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.
Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android
About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
Director, Corporate Communications
Global Industry Analysts, Inc.
Email: [email protected]
Join Our Expert Panel
Connect With Us on LinkedIn
Follow Us on Twitter
Journalists & Media
View original content to download multimedia:https://www.prnewswire.com/news-releases/new-study-from-strategyr-highlights-a-1-3-billion-global-market-for-submarine-batteries-by-2026--301579531.html
SOURCE Global Industry Analysts, Inc.