Global Warship and Naval Vessels Market Will Grow at a CAGR of 1.7% During 2014-2019: ResearchMoz
On the basis of vessel type, naval vessels can be categorized into high-end war-fighting vessels installed with expensive weapons systems, submarines, and basic patrol vessels for low-intensity missions equipped with essential equipment, sensors, and weapons. Naval vessels are selected based on the requirement of a country, geographical location, and specific purpose of the application. Technavio's analysts forecast the global warship and naval vessels market to grow at a CAGR of 1.7% over the period 2014-2019.
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