Sonar Systems Market 2023 – Market Share, Size, Key Players, Industry Growth | Ultra Electronics, Thales Group, NAVICO, L3Harris Technologies Inc., ATLAS ELEKTRONIK

Sonar Systems Market

The Business Research Company’s Sonar Systems Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Sonar Systems Global Market Report 2023 evaluates sonar systems market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global sonar systems market size grew from $3.59 billion in 2022 to $3.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sonar systems market size is expected to grow to $5.01 billion in 2027 at a CAGR of 6.9%.

The sonar systems market segments in the report are:

1) Sonar Systems Market By Product: Hull-Mounted Sonar, Stern-Mounted Sonar, Dipping Sonar, Sonobuoy

2) Sonar Systems Market By Installation: Fixed, Deployable

3) Sonar Systems Market By Acoustic Frequency: Ultrasonic, Infrasonic

4) Sonar Systems Market By Application: Anti-Submarine Warfare, Port Security, Mine Detection and Countermeasure Systems, Search and Rescue, Navigation, Diver Detection, Seabed Terrain Investigation, Scientific

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Top Major Players

Ultra Electronics

Thales Group

NAVICO

L3Harris Technologies Inc.

ATLAS ELEKTRONIK

The table of contents in TBRC’s sonar systems market report includes:

1. Executive Summary

2. Sonar Systems Market Characteristics

3. Sonar Systems Market Trends And Strategies

4. Sonar Systems Market – Macro Economic Scenario

5. Sonar Systems Market Size And Growth

………..

26. Africa Sonar Systems Market

27. Sonar Systems Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Sonar Systems Market

29. Sonar Systems Market Future Outlook and Potential Analysis

30. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Sonar Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Sonar Systems Market, Segmentation By Installation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Sonar Systems Market, Segmentation By Acoustic Frequency, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

…….

Table 47: Ultra Electronics Financial Performance

Table 48: Thales Group Financial Performance

Table 49: Navico Financial Performance

Table 50: L3Harris Technologies Inc. Financial Performance

Table 51: ATLAS ELEKTRONIK Financial Performance

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