air independent propulsion system

Investments in Defence Sector Propels The Adoption of Submarine AIP Systems Industry

According to a latest research analysis by Fact.MR, the global market for submarine AIP systems will expand at a sluggish CAGR during 2019 to 2027. Sales of submarine AIP systems across the globe are estimated to exceed USD 229 Mn in revenues by 2027-end. Air independent propulsion (AIP) systems are marine propulsion technologies that are commonly integrated to non-nuclear submarines for operation of naval vessels, without having access to oxygen from the