Sonar System Market Worth 3.72 Billion USD by 2022
According to the new market research report "Sonar System Market by Product Type, Installation (Vessel Mount, Towed, Hand-Held & Pole Mounted, Airborne, UUV), Mode of Operation, Operating Frequency (High, Medium, Low), Application (Defense, Commercial), and Region - Global Forecast to 2022", The sonar system market is projected to grow from USD 3.49 Billion in 2016 to USD 3.72 Billion by 2022, at a CAGR of 4.33% from 2017 to 2022.
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