Sonar Systems Market Growth Is Aided By The Rising Number Of Terrorist Attacks
Sonar Systems Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company’s Sonar Systems Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, March 29, 2022 /EINPresswire.com/ -- The rising number of terrorist attacks is significantly contributing to the sonar systems market growth. Terrorism is defined as the violence in an asymmetrical conflict that is designed to induce terror and psychic fear. Sonar systems can be used to find and tackle terror plans such as bombing, underground bomb fixing, unknown submarines in oceans, and others. Therefore, the rising number of terrorist attacks is driving the sonar systems market.
Technological advancement in sonar systems is a key trend shaping the sonar systems market value. Companies are increasingly innovating to produce technologically-advanced sonar systems for military and warfare. For instance, in 2021, Thales Group, a France-based multinational company for aerospace and defense security, received the contract to develop, test, and manufacture the SonoFlash air-droppable sonobuoy from French Defence Procurement Agency (DGA) to strengthen its anti-submarine warfare systems in the French Naval force. This advanced technology provides a complex sonar system, which can be used in open-ocean environments. In addition, SonoFlash offers long endurance and is suitable for a wide array of deployment scenarios.
Read more on the Global Sonar Systems Market Report
https://www.thebusinessresearchcompany.com/report/sonar-systems-global-market-report
The global sonar systems market size is expected to grow from $3.37 billion in 2021 to $3.52 billion in 2022 at a compound annual growth rate (CAGR) of 4.52%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global sonar systems market share is expected to reach $4.46 billion in 2026 at a CAGR of 6.05%.
North America was the largest region in the sonar systems market in 2021. Asia Pacific is expected to be the fastest-growing region in the global sonar systems market during the forecast period. The regions covered in the global sonar system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players covered in the global sonar systems industry are Ultra Electronics, Thales Group, NAVICO, L3Harris Technologies Inc., ATLAS ELEKTRONIK, Kongsberg Gruppen, Lockheed Martin, Teledyne Technologies Incorporated, Sonardyne, Aselsan, FURUNO ELECTRIC CO. LTD, Japan Radio Co., DSIT Solutions Ltd, Northrop Grumman., and General Dynamics Mission Systems Inc.
TBRC’s global sonar systems market report is segmented by product into hull-mounted sonar, stern-mounted sonar, dipping sonar, sonobuoy, by installation into fixed, deployable, by acoustic frequency into ultrasonic, infrasonic, by application into anti-submarine warfare, port security, mine detection and countermeasure systems, search and rescue, navigation, diver detection, seabed terrain investigation, scientific.
Sonar Systems Global Market Report 2022 – By Product (Hull-Mounted Sonar, Stern-Mounted Sonar, Dipping Sonar, Sonobuoy), By Installation (Fixed, Deployable), By Acoustic Frequency (Ultrasonic, Infrasonic), By Application (Anti-Submarine Warfare, Port Security, Mine Detection and Countermeasure Systems, Search and Rescue, Navigation, Diver Detection, Seabed Terrain Investigation, Scientific) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a sonar systems market overview, forecast sonar systems market size and growth for the whole market, sonar systems market segments, geographies, sonar systems market trends, sonar systems market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request for a Sample of the Global Sonar Systems Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5736&type=smp
Not what you were looking for? Here is a list of similar reports by The Business Research Company:
Search, Detection, And Navigation Instruments Global Market Report 2022 – By Type (Compasses, Aeronautical and Space Navigation Instruments, Nautical Navigation Instruments, Radio Navigational Aid Apparatus), By Technology (Radio Frequency Identification based (RFID), Cellular, Network, Bluetooth, Remote Sensing Services, Real Time Kinetic), By Application (Marine, Aviation, Military) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/search-detection-and-navigation-instruments-global-market-report
Real-Time Location Systems (RTLS) Global Market Report 2022 – By Component (Solutions, Services), By Technology (RFID, Wi-Fi, Ultra-wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS), By Application (Inventory Or Asset Tracking And Management, Personnel Or Staff Locating And Monitoring, Access Control And Security, Environmental Monitoring, Supply Chain Management And Operational Automation Or Visibility), By End Use Industry (Transportation And Logistics, Healthcare, Retail, Manufacturing And Processing) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/real-time-location-systems-global-market-report
Integrated Geophysical Services Global Market Report 2022 - By Method (Vertical Electrical Sounding, Electrical Resistivity Tomography (ERT), Seismic Refraction, Microgravity Survey With Differential GPS, Magnetic Profiles, Induced Polarization, 2d Seismic Prospection (Refraction Tomography And Reflection Sections), Ground Penetrating Radar (GPR)), By Application (Infrastructure And Building Constructions, Offshore Wind Farm Surveys, Offshore Cable Tracking Surveys, Mineral Exploration And Mining Engineering, Natural Resources And Energy, Water Resource, Environment And Waste Management, Archaeological Surveys), By Survey Type (Aerial-Based, Land-Based) - Market Size, Trends, And Global Forecast 2022 – 2026
https://www.thebusinessresearchcompany.com/report/integrated-geophysical-services-global-market-report
About The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Check out our:
LinkedIn: https://bit.ly/3b7850r
Twitter: https://bit.ly/3b1rmjS
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn
Market Research Products, Services, Solutions For Your Business - TBRC
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
