SONAR is a system that uses sound transmission to communicate, navigate the objects on or under the surface of the water. Based on type, the market is segmented into passive SONAR systems market and active SONAR systems market. In 2016, among the various type, active SONAR systems segment dominated the market followed by passive SONAR systems. In addition, active SONAR systems is also expected to grow at the highest rate for the coming years. Improvement in anti-submarine warfare techniques is one of the key factor fueling the demand of active SONAR systems segment in SONAR system market.
Based on components, the market is segmented into receiver, transmitter, hydrophone, beam forming processor and others. In 2016, the beam forming processor segment dominated the market followed by hydrophone and this segment is anticipated to be dominant in the coming years. Increase in the demand for multi beam sonar systems market and advancement in passive and active sonar and sensor technologies are some of the key factor boosting the demand of SONAR system market for the forecast period.
Based on acoustic frequency, the market is segmented into infrasonic SONARs and ultrasonic SONARs. In 2016, the ultrasonic SONARs segment dominated the market followed by infrasonic SONARs and this segment is anticipated to be dominant in the coming years. Enhancement of the technology is one of the key factor driving the ultrasonic SONARs segment in SONAR system market during the forecast period of 2017 – 2025.
Planning to lay down future strategy? Perfect your plan with our report sample here https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=28979
Based on application, the market is segmented into military, commercial and scientific applications. In 2016, the military segment dominated the market followed by scientific and this segment is anticipated to be dominant in the coming years. Increase in the demand for SONAR systems in tactical defense operations is one of the key factor fueling the demand of the military segment during the forecast period. Military segment is further being segmented into weapons, submarine applications, portable SONARs and others. Scientific segment is further being segmented into water velocity measurement, biomass estimation, synthetic aperture sonar, medical imaging, parametric SONAR and others. Commercial segment is further being segmented into fisheries and hydrography.
Based on system type, the market is segmented into single beam scanning SONAR systems, multi beam SONAR systems, synthetic aperture SONAR systems and others. In 2016, the multi beam SONAR systems segment dominated the market followed by single beam SONAR systems and this segment is anticipated to be dominant in the coming years. Increase in the demand for multi beam SONAR systems segment in several applications such as weapons and submarine among others.
The geographical split of the market includes North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. In 2016, North America was slated to be the key market followed by Europe. In 2016, the U.S. was the major market for North America as well as globally. Improvement in sensor technologies and passive and active SONAR is one of the key factor driving the market for the SONAR system market in the U.S. as well as North America region. Asia Pacific is expected to grow at the highest CAGR during the forecast period. China is expected to be the major market in Asia Pacific region. Growing demand for medical applications and increasing demand for SONAR system in tactical defense operations are some of the key factor fueling the demand of SANAR system in China as well as Asia Pacific. Increase in the use of SONAR system is various applications such as fisheries, weapons, medical and infrastructure survey among others is one of the key factor driving the market for SONAR system in India. Europe is expected to grow at the stable rate. The U.K. and Germany is the major markets for the SONAR system market for Europe region. Increase in the demand for SONAR system in tactical defense operations is one of the key factor driving the market in Europe for the forecast period of 2017 – 2025. Latin America and Middle East & Africa is expected to grow at a healthy rate during the forecast period. Saudi Arabia and UAE are major market for the Middle East and Africa. Increase in the demand of SONAR system in various applications such as defense, medical and survey among others is one of the key factor boosting the demand of the market in Middle East and Africa.
The major players in the SONAR system market are Ultra Electronics (United Kingdom), Neptune SONAR (United Kingdom), Kongsberg Maritime (Norway), Exelis (United States), Thales Underwater Systems Ltd. (United Kingdom), Lockheed Martin (United States), L-3 Klein Associates (United States), General Dynamics Canada (Canada), Teledyne Reson (Denmark) and Raytheon (United States).
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Looking for exclusive market insights from business experts? Buy Now Report here https://www.transparencymarketresearch.com/checkout.php?rep_id=28979<ype=S
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
