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The sound navigation and ranging (SONAR) system market is forecasted to grow by USD 1.52 bn during 2023-2028, accelerating at a CAGR of 7.35% during the forecast period. The report on the sound navigation and ranging (SONAR) system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing preference for deploying integrated sonar systems, increasing adoption of sonar systems in ISR operations, and increasing maritime attacks.
The sound navigation and ranging (SONAR) system market is segmented as below:
By Type
- Passive SONAR
- Active SONAR
By Application
- Defense
- Civil
- commercial
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the sound navigation and ranging (SONAR) system market covers the following areas:
- Sound navigation and ranging (SONAR) system market sizing
- Sound navigation and ranging (SONAR) system market forecast
- Sound navigation and ranging (SONAR) system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global sound navigation and ranging (SONAR) system market: ASELSAN AS, Cobham Ltd., EdgeTech, Furuno Electric Co. Ltd., Garmin Ltd., General Dynamics Corp., GeoSpectrum Technologies Inc., Hanwha Corp., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., Massa Products Corp., Mistral Solutions Pvt. Ltd., RTX Corp., Simrad Yachting, Teledyne Technologies Inc., Thales Group, thyssenkrupp AG, and Western Marine Electronics Inc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is advances in acoustic sensors and electromagnetic technologies.'
According to the report, one of the major drivers for this market is the growing preference for deploying integrated SONAR systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASELSAN AS
- Cobham Ltd.
- EdgeTech
- Furuno Electric Co. Ltd.
- Garmin Ltd.
- General Dynamics Corp.
- GeoSpectrum Technologies Inc.
- Hanwha Corp.
- Kongsberg Gruppen ASA
- L3Harris Technologies Inc.
- Lockheed Martin Corp.
- Massa Products Corp.
- Mistral Solutions Pvt. Ltd.
- RTX Corp.
- Simrad Yachting
- Teledyne Technologies Inc.
- Thales Group
- thyssenkrupp AG
- Western Marine Electronics Inc.
