The global Naval Vessels And Surface Combatants Market size is projected to reach USD 41.82 billion by 2026 owing to the advancement in technology in naval warships. Such warships are used for sea-based battlefield operations and are inclusive of vertical missile launchers, rocket launchers, torpedo launching systems, and anti-submarine rocket launchers. The value of the market was USD 34.24 billion in 2018 and is anticipated to exhibit a CAGR of 2.52% during the forecast period set from 2023 to 2026.
Source: https://www.fortunebusinessins....ights.com/naval-vess
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