Submarine-Launched Missile Market Size, Share & Global Trends 2024-2032
The global submarine-launched missile market size reached USD 330.5 Million in 2023 and is projected to reach USD 504.6 Million by 2032, exhibiting a growth rate (CAGR) of 4.67% during 2024-2032. The Submarine-Launched Missile Market is witnessing robust growth, driven by rising geopolitical tensions and ongoing naval modernization initiatives across the globe. Submarine-launched missiles, including both ballistic missiles (SLBMs) and cruise missiles (SLCMs), are critical components of modern naval warfare, providing strategic deterrence and offensive capabilities.
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