Underwater Connector Market Revenue To Cross $1.5bn By 2027


Source: eedesignit.com eedesignit.com

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On May 12, 2021 Share According to latest report by Global Market Insights the market valuation of underwater connectors will cross $1.5 billion by 2027. The market growth is credited to increasing defense budgets across developed economies such as the US, China, Russia, the UK, and Germany. The report is titled ‘Underwater Connector Market by Type (Rigid Shell, Inductive Coupling, Rubber Molded, Underwater Electrical Mateable Connectors), Application (Defense, Oil & Gas, Remotely Operated Underwater Vehicles (ROVs)/Autonomous Underwater Vehicles (AUVs), Telecommunication, Oceanographic), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2027’. The race to gain technological advancement in underwater warfare...