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According to Fortune Business Insights™, the global underwater warfare market size was valued at USD 14.70 billion in 2024 and is projected to grow from USD 15.68 billion in 2025 to USD 25.63 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period. North America led the market in 2024, holding 41.5% of the global share, fueled by robust naval modernization programs and defense budgets.

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Published by Rishika Chavan, 2025-07-11 02:52:48

Underwater Warfare Market

According to Fortune Business Insights™, the global underwater warfare market size was valued at USD 14.70 billion in 2024 and is projected to grow from USD 15.68 billion in 2025 to USD 25.63 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period. North America led the market in 2024, holding 41.5% of the global share, fueled by robust naval modernization programs and defense budgets.

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