Submarine sensors market to reach $292M by 2026: reportNews
July 05, 2022
The study, published by Global Industry Analysts Inc., also states that nuclear attack submarine sensors will grow at a 2.1% CAGR and reach $138.8 million over that period. Further, it states that diesel electric submarine sensors will grow 2.2% CAGR over the next seven years.
China is expected to be one of the biggest players, growing by 4.2% CAGR over the analysis period to $56.2 million by 2026. By comparison, the United States market is at $70.5 million today.