Global Sonar System Market Report 2023: Burgeoning Demand for Sonobuoy for Tactical Defense Fuels the Sector

DUBLIN, May 30, 2023 /PRNewswire/ -- The "Sonar System Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War" report has been added to  ResearchAndMarkets.com's offering.

The global sonar system market is expected to grow at a CAGR of around 6.8% during 2023-2030.

Companies Mentioned

• Atlas Elektronik
• Furuno
• JRC
• Kongsberg Gruppen
• L3 Technologies
• Lockheed Martin
• Navico
• Raytheon
• Sonardyne
• Teledyne
• Thales
• Ultra Electronics

This report on global sonar system market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global sonar system market by segmenting the market based on operation, application, ports, installation and region.

Also, detailed profiles of companies operating in the sonar system market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Dynamics

Drivers

• Increasing naval ship procurement
• Rising commercial ship deliveries worldwide
• Burgeoning demand for sonobuoy for tactical defense

Challenges

• Negative impact of COVID-19 pandemic
• Supply Issues

Historical & Forecast Period

• Base Year: 2022
• Historical Period: 2018-2022
• Forecast Period: 2023-2030

Market Segmentation

by Type of Operation

• Active
• Passive
• Dual

by Application

• Commercial
• Military
• Scientific

by Ports

• Hull Mounted
• Stern Mounted
• Dipping
• Sonobuoy

by Installation

• Airborne
• Port
• Towed
• Unmanned Underwater Vehicle
• Vessel-Mounted

by Region

• Europe
• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Rest of Asia Pacific
• Latin America
• Mexico
• Brazil
• Argentina
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Iran
• Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/3tqhf2

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SOURCE Research and Markets