I have a
pleasure to recall that, there are increasing
possibilities of undersea attacks as security measures become stricter around
international borders. Countries that are situated along coastlines need to
protect themselves from such threats. These countries are investing in building
their maritime defense capabilities in the interest of national security. Of
all the other naval platforms, submarines
are used for ensuring a high level of naval defense. This is due to its
capabilities to launch covert counter attacks and its ability to stay submerged
for extended periods without being detected.
For many analysts , the increasing need for inventory level management and the movement of goods in real time to minimize the lack-of-stock situations are the major reasons for the growth of the market. Increased product availability and reduced inventory costs are also driving the market growth, according to Technavio Research.
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