Global SONAR System Market to Grow at a CAGR Of 8.12% and Forecast to 2021

Pune India - June 29, 2017 /MarketersMedia/ —

SONAR System Market 2017

Executive Summary
Sound navigation and ranging, also known as sonar, is a sensing technique of employing sound propagation for navigating, detecting, and communicating with underwater objects. Sonar systems emit sound pulses and measure their return after they are reflected from man-made or biological/physical objects. The effective use of sonar systems ensures effective exploration and mapping of oceans by using sound waves. These waves travel farther in water compared to light waves and radar. Sonar also has effective uses in various non-defense applications such as oil and gas exploration, fishing and fishery management, and hydrographic research.
The analysts forecast the global SONAR system market to grow at a CAGR of 8.12% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global SONAR system market for 2017-2021. To calculate the market size, the report considers the sale of active and passive sonar systems that are being used by naval agencies or other government/private organizations in various applications, including anti-submarine warfare (ASW), hydrography, marine observation, and oil and gas exploration activities.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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The report, Global SONAR System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ATLAS ELEKTRONIK
• Kongsberg Maritime
• Lockheed Martin
• Raytheon
• Thales
• Ultra-Electronics

Other prominent vendors
• ASELSAN
• ERAPSCO
• Klein Marine Systems
• L3 Ocean Systems
• Northrop Grumman

Market driver
• Growing preference for deploying integrated SONAR system
• For a full, detailed list, view our report

Market challenge
• Challenges associated with the growing complexities in data management
• For a full, detailed list, view our report

Market trend
• Growing investments in UUV and other undersea warfare capabilities
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?


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Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology

PART 04: Introduction
• Market outline

PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis

PART 06: Market segmentation by sonar types
• Market overview

PART 07: Market segmentation by application
• Global sonar system market segmentation by application
• Global sonar system market for defense application
• Global sonar system market in civil and commercial application

PART 08: Geographical segmentation
• Geographical segmentation of global sonar system market
• Sonar system market in the Americas
• Sonar system market in APAC
• Sonar market in EMEA

PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Market challenges

PART 11: Market trends
• Emergence of 3D printing technology
• Growing investments in UUV and other undersea warfare capabilities
• Advances in acoustic sensors and electromagnetic technologies
..…..Continued

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Release ID: 212554