The global undersea warfare systems market is expected to grow at a CAGR of 3.85% over the forecast period. The market consists of four categories: Combat Systems, Manned & Unmanned Systems, Sensors, Communication & Countermeasures. It is expected to be dominated by the Combat Systems segment, followed by Sensors and Manned & Unmanned Systems. The Asia Pacific region is forecasted to dominate the sector with a share of 34.1%, followed by the North America market, which is dominated by the US market. Russia, France and the UK account for major market share in the European region.
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The demand for USW systems is expected to be driven by growing disputes over maritime borders, offshore resources and trade routes. Anti-access area denial (A2/AD) and counter A2/AD are becoming a vital part of maritime strategies employed by major navies across the world and undersea warfare is expected to regain its prominence. New developments in maritime technology such as unmanned vehicles and maritime robots, stealth submarines, enhanced detection ranges of sonar, undersea communications and network centric warfare etc. are also anticipated to encourage investment in R&D projects
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