Global Submarines | MRO Market | Defense | 2027
The Global Submarines and MRO Market 2017-2027 Summary The demand for submarines is expected to be driven by the need for control over the offshore natural resources and maritime trade routes, which are expected to play a pivotal role in fulfilling a country’s aspiration for supremacy. Major naval forces are staring at fleets of technically obsolete and aging submarines, demanding huge investments in the procurement of new-age submarines. In addition to having an important nuclear deterrent role, submarines are playing more crucial roles such as surveillance and reconnaissance, intelligence gathering, patrolling and securing the maritime borders, and trade routes. Synopsis The Global Submarines and MRO Market 2017-2027 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for submarines, key market trends, and challenges faced by industry participants.