With over 451 submarines in service worldwide, the global market of submarines fleet is expected to surge up to $100 billion for the next decade. According to Technavios Global Submarine Market 2016-2020, the submarine market is expected to grow at a moderate CAGR of more than 4% during the forecast period
As the role of Unmanned Aerial Vehicles (UAVs) expands from traditional low-resolution reconnaissance to high-res video and infra-red besides precision-attack, so also is the need to guide and position the UAVs at the right place and at the right time by visualizing the operating environment in real time. According to a survey conducted by Markets Research Media in January this year, the US military UAV market alone is projected to grow at 12% CAGR reaching $18
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