Sound
Navigation and Ranging (SONAR) System Market will register a CAGR of %
during 2020-2024. The market’s growth momentum will Accelerate.
increased demand for technology transfer options will be one of the major
factors driving the growth of this market. Additionally, key Sound Navigation
and Ranging (SONAR) System Market trends such as the growing focus on improving
marine transportation safety will also influence market growth during the
forecast period.
Sound Navigation and Ranging (SONAR) System Market Size
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growth and the market share of various regions
During the forecast period, the Sound Navigation and Ranging (SONAR) System
Market size will grow by USD 1.01 bn.
Sound Navigation and Ranging (SONAR) System Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Sound Navigation and Ranging (SONAR)
System Market. Though the forecast period offers opportunities for vendors to
increase their market share, factors such as the will also challenge
the growth of the companies.
ASELSAN AS | Furuno Electric Co. Ltd. | Kongsberg Gruppen ASA | L3Harris
Technologies Inc. | Lockheed Martin Corp. | Northrop Grumman Corp. | Raytheon
Technologies Corp. | Thales Group | thyssenkrupp AG | Ultra Electronics
Holdings Plc.list
are some of the companies covered in Technavio’s Sound Navigation and
Ranging (SONAR) System Market report for 2020-2024.
Sound Navigation and Ranging (SONAR) System Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Sound Navigation and Ranging (SONAR)
System Market.
The APAC will account for the largest Sound Navigation and Ranging (SONAR)
System Market share and during 2020-2024, the region will contribute to
40% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Sound
Navigation and Ranging (SONAR) System Market report also analyzes the market by
Passive
SONAR | Active SONAR | APAC | North America | Europe | South America | MEA |
defense and civil | commercial.comma
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tailored Sound Navigation and Ranging (SONAR) System Market information to meet
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