Global SONAR system Market key Insights Based on Product Type, End-use and Regional Demand Till 2025


Posted November 29, 2019 by nikitamanwar

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts.
 
The "Global SONAR system market: By Product Type (General-Purpose Hull Mounted Sonar, Stern Mounted Sonar, Seabed Imaging and Information Sonar, Dipping Sonar, Other Sonar) By Application Type (Commercial, Military), By Installation type (Vessel Mounted, Hand-Held and Pole Mounted, Towed, Airborne, Unmanned Underwater Vehicle (UUV), Other Installations) and By Geography – Opportunities and forecast, 2018-2025" report has been added to GMI Research offering.

A SONAR System is used to locate objects under the surface of the water by sending sound waves, in this acoustic signal or pulse is generated and sent in water which bounces off any object underwater and is received back. SONAR stands for Sound Navigation and Ranging. SONAR is very helpful for exploring, navigating, communicating, and detecting lost or hazardous objects and mapping the ocean because the speed of sound waves in water is more as compared to the radar and light waves.

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The main factors responsible for driving the growth of the Global Sonar System Market are increase in the demand of sonar systems in advanced defence and military forces for operations like preventive control and anti-submarine warfare. There has been a growing adoption in the methods as Sonar system’s application is rising in the fishery industry, different countries are collaborating for technology transfer. Moreover, there has been demand for high-resolution imaging for seabed mapping for military and commercial applications and this demand will also further boost the market creating huge opportunities for the global sonar system market, there has also been extreme demand for Unmanned Underwater Vehicles (UUVs) for many exploration and commercial purposes. However, adverse effects of sonar system on marine life as well as complexity associated to the installation of the integrated SONAR is the major restraint for the market.

Key players in this market are General Dynamics Corporation, Lockheed Martin Corporation, Raytheon Company, Neptune SONAR, Ultra Electronics, Kongsberg Maritime, Thales Underwater Systems Ltd., Harris Corporation, L-3 Klein Associates, and Teledyne RESON among others

Global Sonar System Market has been segmented on the basis of Product type, application areas, by type of installation and region. Based on the type of product it is segmented as General-Purpose Hull Mounted Sonar, Stern Mounted Sonar, Seabed Imaging and Information Sonar, Dipping Sonar, Other Sonar. Based on application verticals it is segmented as Commercial, Military. On the basis of type of installation, the market is segmented as Vessel Mounted, Hand-Held and Pole Mounted, Towed, Airborne, Unmanned Underwater Vehicle (UUV), Other Installations. The region in focus is entire world market. The report highlights the main market drivers fuelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Sonar system in global market. The competitive landscape section of the report captures and highlights the recent developments within the market.

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Market Segmentation

By Product Type
• General-Purpose Hull Mounted Sonar
• Stern Mounted Sonar
• Seabed Imaging and Information Sonar
• Dipping Sonar
• Other Sonar

By Application Type
• Commercial
• Military

By Installation Type
• Vessel Mounted
• Hand-Held and Pole Mounted
• Towed
• Airborne
• Unmanned Underwater Vehicle (UUV)
• Other Installations

By Geography
North America
As a part of customization
• By type
• By Application
• By type
• US
• Canada
• Mexico

Europe
As a part of customization
• By type
• By Application
• By type
• UK
• Germany
• Spain
• Rest of Europe

Asia-Pacific
As a part of customization
• By type
• By Application
• By type
• China
• Australia
• India
• Rest of APAC

ROW (rest of the world)
As a part of customization
• By type
• By Application
• By type
• Brazil
• South Africa
• GCC countries
• Rest of world (remaining countries of the LAMEA region)

Key market players here are
• General Dynamics Corporation
• Lockheed Martin Corporation
• Raytheon Company
• Neptune SONAR
• Ultra Electronics
• Kongsberg Maritime
• Thales Underwater Systems Ltd.
• Harris Corporation
• L-3 Klein Associates
• Teledyne RESON

Key questions answered in this research report:
1- At what pace is Global Sonar systems market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Sonar systems market?
4- What are the various application areas and how they are poised to grow?

For more information about this report visit https://www.gmiresearch.com/report/global-sonar-system-market/

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GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

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Last Updated November 29, 2019