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INS Sagardhwani flagged off from Kochi for SAGAR-MAITRI Mission-2: Navy

Indian HAL Dhruv Helicopters Likely To Emerge Victorious Over Airbus Choppers In Philippines Defense Deal

MIL-OSI: Underwater Drone Market Value Predicted To Reach US$ 7,500 2 Million By 2028 Covering COVID-19 Impact: Acumen Research and Consulting

Underwater Drone Market is expected to grow at a CAGR of around 11.8% from 2021 to 2028 and reach the market value of over US$ 7500.2 Mn by 2028. Europe will maintain a steady growth in the forecast period; North America holds the dominating share; Asia Pacific to record fastest growing CAGR Europe is the second-largest market for underwater drones after the United States. This is because the navy uses underwater drones extensively in the oil and gas industry. This is one of the most important factors driving market expansion. Underwater drones have received a lot of attention as offshore oil and gas production is a significant indigenous energy source of hydrocarbons in Europe.

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