What Happened
Naval Modernization Drives Growth In Global Frigates Market
The global military frigates market has reached a milestone of USD 27 billion, driven by naval modernization, defense spending, and the adoption of advanced combat systems. According to a report by Ken Research, the market is expected to continue growing, with multi-role frigates remaining the dominant vessel category. The report highlights the importance of technological transformation in naval warfare, including the integration of combat-management systems, stealth technologies, and artificial intelligence. This was reported by Ken Research.