What is SONAR Systems and Technology Market?
SONAR Systems and Technology is a technique used to detect an object on or under the surface of the water. It can be used for a variety of applications such as military, commercial, scientific, underwater mines, fisheries, hydrography, anti-submarine warfare, and threat detection. SONAR systems are also used to measure robot navigation and SODAR for atmospheric investigations. SONAR system uses acoustic frequencies, which range from very low to extremely high. Side-scan and multi-beam SONARs is the leading technology, which helps in detailed mapping and imaging of the seabed. growing focus on improving the safety of marine transportation is anticipating fueling the global market growth in Europe
The market study is being classified by Type (Multi-Beam SONAR, Diver Detection SONAR, Single Beam Scanning SONAR, Synthetic Aperture SONAR and Side Scan SONAR), by Application (Scientific, Commercial, Military and Others) and major geographies with country level break-up.
Northrop Grumman (United States), Teledyne Reson (Demark), Ultra Electronics(United Kingdom), Lockheed Martin (United States), Atlas Elecktronik (Germany), Raytheon(United States), Thales Group (France), R-2 Sonic (United States), DSIT (Israel) and EdgeTech (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Aselsan (Turkey).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global SONAR Systems and Technology market throughout the predicted period.
Analyst at AMA have segmented the market study of Global SONAR Systems and Technology market by Type, Application and Region.
On the basis of geography, the market of SONAR Systems and Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in the anti-submarine warfare techniques
- Advancements in digital signal processing which has advanced in the underwater SONAR signal processing and communication
- Growing demand for sonobuoy in tactical defence operations
- Government and major companies are heavily investing in this new technology which may give rise to the global SONAR systems and technology market growth
- The adverse effect of sonar waves on S Marine Life
- Constant innovation in the synthetic aperture SONARs in order to enhance the resolution quality for complementary applications and accomplishment of the various contracts is anticipated to drive the market.
- The complexity associated with the building anti-submarine warfare capability
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, SONAR Systems and Technology Provider, Government Regulatory and Research Organizations and End-Use Industry
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