Global Submarine Payload and Launch Systems to Grow at a CAGR of 4.44% During the Period 2016-2020
Submarines are the centerpieces of naval fleets due to their multi-operational capabilities and ability to complement other strategic resources. These submarines are also equipped with payloads and launch systems, which accommodates advanced technologies and enhanced warfighting capabilities. Moreover, regional disputes between China-Japan and India-Pakistan have triggered the demand for nuclear submarines.
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