Navy, an important part of any country’s defence system, is mainly responsible for maritime defense. It runs maritime security operations to check sea based terrorism and other illegitimate activities including hijacking, piracy, and slavery. Navy carries its defense operations via fleet of military vessels (including amphibious ships, surface ships, and submarines), advanced weapon systems, drones, missiles, robots and seaborne aviation.
Naval industry has witnessed tremendous technological modifications in 21st century. Modern naval vessels are built with advanced water resistant marine electronics including satellite television, Sonar, Marine VHF radio, marine radar, GPS, etc. Moreover, maritime VSAT which helps in tracking ships and crew members is an emerging technology in maritime industry. Maritime VSAT systems are shifting towards IP applications which enable sailors to communicate seamlessly with their counterparts and family members at the time of emergency.
Geographically, Asia Pacific region is leading spender in acquiring naval ships and submarines; however, naval spending in US and Europe has gone down because of defense budget cuts. Naval weapon systems market is projected to grow in the future, majorly driven by extensive procurement of anti-ship missile defense systems and man-portable air-defense systems by combat ships.
ASDReport.com is a one-stop shop for your market research requirements on naval industry. Extensive coverage is available on developed and emerging technologies like Sonobuoy, Inertial Navigation System, Military Radar System, Maritime Domain Awareness, and Ship Self-defense among others.