(CNN) Tensions in Asia Pacific have reached ominous new levels. Flashpoints in the South and East China Seas, the Korean Peninsula and the Taiwan Strait have led to a renewed arms race, as regional players look to secure dominance in the face of new and shifting challenges.

In July, the United States commissioned its newest and largest ever aircraft carrier, the $13 billion USS Gerald R. Ford.

China has recently launched its second aircraft carrier and its most-advanced destroyer ever. Those came shortly before Beijing sent its other aircraft carrier, the Liaoning, in a display of power to Hong Kong, and other warships to show their might as far away as Europe.

Japan's Maritime Self-Defense Force helicopter destroyer Izumo takes part in a fleet review off Sagami Bay in October 2015. Helicopter destroyers combine with Japanese subs to give Tokyo exceptional anti-submarine warfare capabilities.

Japan's Maritime Self-Defense Force helicopter destroyer Izumo takes part in a fleet review off Sagami Bay in October 2015. Helicopter destroyers combine with Japanese subs to give Tokyo exceptional anti-submarine warfare capabilities.

The Japanese submarine Oyashio, escorted by a Japanese destroyer, arrives at the former US naval base in Subic Bay, Philippines, in April 2016. Submarines are considered a key strength of one of the world's strongest navies.

The Japanese submarine Oyashio, escorted by a Japanese destroyer, arrives at the former US naval base in Subic Bay, Philippines, in April 2016. Submarines are considered a key strength of one of the world's strongest navies.

A South Korean K2 tank (C) moves during an equipment demonstration at the Defense Expo Korea 2016 at KINTEX exhibition hall in Goyang, north of Seoul, on September 10, 2016. The K2, nicknamed the "Black Panther" is considered to be among the world's best tanks.

A South Korean K2 tank (C) moves during an equipment demonstration at the Defense Expo Korea 2016 at KINTEX exhibition hall in Goyang, north of Seoul, on September 10, 2016. The K2, nicknamed the "Black Panther" is considered to be among the world's best tanks.

The South Korean Navy's first Aegis destroyer "King Sejong" is seen at the launching ceremony at the Ulsan dockyard of Hyundai Heavy Industries in the southeastern port city of Ulsan in 2007. The 7,600-ton destroyer is considered by analysts to be among the world's most advanced warships.

The South Korean Navy's first Aegis destroyer "King Sejong" is seen at the launching ceremony at the Ulsan dockyard of Hyundai Heavy Industries in the southeastern port city of Ulsan in 2007. The 7,600-ton destroyer is considered by analysts to be among the world's most advanced warships.

A North Korean tank participates in a competition in this 2017 picture released from North Korea's official Korean Central News Agency. North Korea has 3,500 main battle tanks in its arsenal.

A North Korean tank participates in a competition in this 2017 picture released from North Korea's official Korean Central News Agency. North Korea has 3,500 main battle tanks in its arsenal.

Korean People's Army (KPA) soldiers march on Kim Il Sung sqaure during a military parade in Pyongyang on April 15, 2017. North Korea trails only China, the US and India in the number of people in the military.

Korean People's Army (KPA) soldiers march on Kim Il Sung sqaure during a military parade in Pyongyang on April 15, 2017. North Korea trails only China, the US and India in the number of people in the military.

Chinese military vehicles carrying DF-26 ballistic missiles participate in a military parade at Tiananmen Square in Beijing in 2015. The missile has been dubbed "the Guam killer" by analysts for their ability to hit the strategic US island in the Pacific.

Chinese military vehicles carrying DF-26 ballistic missiles participate in a military parade at Tiananmen Square in Beijing in 2015. The missile has been dubbed "the Guam killer" by analysts for their ability to hit the strategic US island in the Pacific.

Chinese J-20 stealth fighters perform during the 11th China International Aviation and Aerospace Exhibition, also known as Airshow China 2016, in Zhuhai on November 1, 2016. The J-20 is one of China's answers to US F-22 and F-35 stealth fighters.

Chinese J-20 stealth fighters perform during the 11th China International Aviation and Aerospace Exhibition, also known as Airshow China 2016, in Zhuhai on November 1, 2016. The J-20 is one of China's answers to US F-22 and F-35 stealth fighters.

An F-35B Joint Strike Fighter tests its vertical landing capability in 2015. The fifth-generation jets have been deployed to Marine Corps Air Station Iwakuni in Japan as the US moves some of its most modern equipment to Northeast Asia.

An F-35B Joint Strike Fighter tests its vertical landing capability in 2015. The fifth-generation jets have been deployed to Marine Corps Air Station Iwakuni in Japan as the US moves some of its most modern equipment to Northeast Asia.

F/A-18 Hornets fly above the Nimitz-class aircraft carrier USS John C. Stennis in the Pacific Ocean. The US Navy has 10 of the 97,000-ton ships, which can carry more than 60 aircraft each.

F/A-18 Hornets fly above the Nimitz-class aircraft carrier USS John C. Stennis in the Pacific Ocean. The US Navy has 10 of the 97,000-ton ships, which can carry more than 60 aircraft each.

Meanwhile, North Korea continues with its missile program, having now successfully tested two intercontinental ballistic missiles that theoretically put the US mainland in range of Pyongyang's military reach.

With all that in mind, CNN looks at the military state of play in North Asia. What are the comparative strengths and weaknesses of the players in the region?

The United States remains the world's preeminent military power, and in the Pacific it fields large numbers of technologically advanced weapons.

The US Pacific Command "is prepared to fight tonight with the best technology of any force on the planet," Adm. Harry Harris, commander of the more than 340,000 US troops in the Pacific, said in a February speech.

The US has 11 active aircraft carriers and more in production. In comparison, China has just launched only its second aircraft carrier, but that ship won't be ready for action for a few years.

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While only one of those US carriers, the USS Ronald Reagan, is based in Asia, the 97,000-ton warships with their complement of 60-plus warplanes can be moved within the space of a few weeks to global hot spots, as evidenced when the Navy sent the San Diego-based USS Carl Vinson to the South China Sea in February and its later movement to the Korean Peninsula.

While those new additions to the region may be making the recent headlines, the US has maintained a robust force at bases from Japan to Australia.

Kadena Air Base on the Japanese island of Okinawa is home to the US Air Force's 18th Wing, billed as the largest combat-ready wing in the service. More than 50 F-15 Eagle fighters are based at Kadena, supported by tankers and AWACS command and control aircraft.

In South Korea, the US maintains two major air bases, Osan with F-16 fighters and A-10 "tank killers," and Kunsan with F-16s.

Additional heavy airpower can be called in from the Pacific island of Guam, through which the US rotates B-1, B-2 and B-52 bombers.

The US Navy, meanwhile, has 10 guided-missile cruisers and destroyers based in Japan. The ships are armed with Tomahawk missiles for offensive purposes and the Aegis missile defense system that could be used to intercept North Korean launches.

Measured by active duty manpower alone, the North Korean military is huge. Pyongyang has almost 1.2 million men and women in uniform, putting it behind only China, the United States and India among the world's largest militaries.

From an armaments standpoint, however, North Korea's isolationism has left it behind much of the world technologically, meaning it can't field the quality of weapons that adversaries such as South Korea, the US and Japan employ. But that doesn't mean it can't do catastrophic damage to its enemies.

"The North Korean military's most powerful tool is artillery," says Stratfor, a geopolitical analysis firm based in Texas.

According to the International Institute for Strategic Studies, North Korea can field 21,000 artillery pieces. Many of those are within range of the 25 million South Koreans living in the Seoul metropolitan area, meaning the North could launch an artillery barrage that could kill thousands -- and possibly many more.

South Korea fields some of the world's most-advanced weaponry, all focused on protecting it from the threat posed by the North.

The International Institute for Strategic Studies points out that Seoul has procured or will get advanced weaponry, including a fleet of F-35 stealth fighters, cruise missiles for its F-15 fighters, and new submarines.

Seoul will also be adding to its fleet of Sejong the Great-class guided-missile destroyers, already considered among the world's most-advanced warships.

"They make a competitive case to be the Pacific region's leading modern multi-role heavy surface combatant, while providing an important platform for new South Korean weapons," Defense Industry Daily wrote of the Sejong the Great destroyer, which are even bigger than US guided-missile cruisers.

On the ground, Seoul's force includes 100 of its domestically produced K2 "Black Panther" tanks, considered among the best in the world by analysts.

"Pilot for pilot, ship for ship, Japan can stand toe to toe with anybody," said John T. Kuehn, a professor of military history at the U.S. Army Command and General Staff College.

Tokyo's naval forces, known as the Maritime Self-Defense Force, are particularly strong and adept at anti-submarine warfare, experts say.

"Subsurface detection and reaction is a Japanese strength in both technological and operational terms," said Corey Wallace, a security analyst at Freie University in Berlin.

The backbone of that force is Japan's 19 submarines and three helicopter destroyers , which are more like aircraft carriers than what most people think of as a destroyer.

China has the world's largest military by sheer quantity, with more than 2.1 million active duty personnel.

On and under the sea, Beijing has impressive numbers of submarines (64) and large surface ships (82), which give adversaries something to worry about in quantity. However, analysts say the Chinese fleet falls short of those adversaries in quality.

But in late June, Beijing launched its first Type 055 destroyer , which analysts say will be on par or perhaps better than anything regional adversaries have in their fleets.

In the air, too, China can field large numbers of combat assets, including more than 800 fighter jets and 150 bombers. While the majority of those would be considered old technology, fifth-generation stealth fighters such as the J-20 and J-31 are just coming online and could rival US F-35 and F-22 warplanes for supremacy in the Pacific.

China's biggest asset, however, may be its missile force.

A 2016 report from the US-China Economic and Security Review Commission said China's DF-26 intermediate-range ballistic missile -- dubbed by analysts the "Guam killer" -- allows China to bring unprecedented firepower to bear on Guam, home to the US' vital Andersen Air Force Base.

China also boasts newly developed air-launched, land-attack cruise missiles which can be fired by its fleet of H-6K long-range bombers.