SONAR Systems and Technology Market – Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 – 2026
International SONAR Systems and Technology Market estimated to be valued at a CAGR during 2019 to 2026. And Industry Research is Growing adoption of sonobuoy for tactical defense operations is one of the major factors driving the market globally. However, adverse effect of SONAR on marine life is expected to hinder the growth of market during the forecast period.
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Some of the key players operating in this market include:-
- Raytheon Company
- Lockheed Martin Corporation
- Thales Group
- Kongsberg Gruppen
- Ultra Electronics
- L3 Technologies
- …..
On the basis of solution, the market is split into:
- Hardware
- Software
Based on application, the market is divided into:
- Anti-Submarine Warfare
- Hydrography
- Diver Detection
- Others
Based on mode of operation, the market is divided into:
- Active
- Passive
- Dual
Global SONAR Systems and Technology Industry is spread across 121 pages, profiling 10 top companies and supported with tables and figures.
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Target Audience:
- SONAR Systems and Technology Providers
- Research and Consulting Firms
- Government and Research Organizations
- Associations and Industry Bodies
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The
Secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
- SONAR Systems and Technology Solution Providers
- Government Body and Association
- Research Institutes
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