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.
Very interesting to observe that, increasing production of composites rich commercial and regional aircraft, development of new composite applications in different industries, an advancement in materials, increasing investment in research & development, increasing demand for light-weight materials, and rising quality and safety standards are major growth drivers of the testing market in the composites industry. According to Research and Markets, the global composites testing market was valued at US$ 1,189.7 million in 2016 and is projected to witness an excellent CAGR of 7.2% over the next five years to reach US$ 1,819.9 million in 2022.
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