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The Global Submarine Market 2019-2029

Navies across the globe are enhancing their undersea warfare capabilities by commissioning advanced submarines, primarily to gain asymmetric advantage over their opponents and to protect their national interests. Therefore, nuclear-powered ballistic missile submarines (SSBN) are expected to account for 40% revenue share of the total global submarine market by 2029, which is up from 29% in 2019, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘The …read more

Read more here:: ASD News (Naval)

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