Submarine Combat System Market to Observe 10% CAGR to 2025
Europe holds a significant revenue share in the submarine combat systems market owing to the presence of multiple manufacturers across the region. Industry players are engaged in strategic partnerships and joint ventures for improving their market share. For instance, in October 2017, Thyssenkrupp Marine System and Kongsberg established a joint venture named Kta Naval Systems for developing and maintaining next generation combat systems for the Norwegian Defense.
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