The industry’s prospects for continued growth remain bright, thanks to the increasing efficiency of shipping as a mode of transportation and further economic liberalisation.

Growing adoption of advanced technologies such as big data analytics, IoT, AI, and AR & VR that have enabled planners to make decisions based on insightful data.

The growing use of USVs in military applications such as border and littoral zone patrol, submarine hunting, minesweeping, ISR, offensive capabilities, and seaborne targets is projected to support the market’s robust expansion.

Developing as well as developed countries are investing substantially in the latest defence systems to enhance their military capabilities such as surveillance and sighting for their armed forces.

Hypersonic weaponry’s increasing pursuit is mainly due to its immense manoeuvrability and perceived invulnerability to current defensive systems, as well as its substantial manoeuvrability and perceived invulnerability to existing defensive systems.