SONAR Systems and Technology Market Worth $3.12 Billion by 2020 - New Report by MarketsandMarkets

Sonar systems and technology market forecast & analysis report categorizes global market by type - active, passive, by application [commercial (hydrography, fisheries), military (anti warfare, airborne, weapons, and submarine), scientific (biomass estimation, wave measurement, bathymetric mapping, and medical imaging)], system type (single beam scanning, multi-beam, side scan, synthetic aperture, diver detection sonar) and geography.


Dallas, TX -- (SBWIRE) -- 04/20/2015 -- According to a new market research report "SONAR Systems and Technology Market by Type - Active, Passive, By Application - Commercial (hydrography, fisheries), Military (anti warfare, airborne, weapons, and submarine), Scientific (biomass estimation, wave measurement, bathymetric mapping, and medical imaging), System Type - Single Beam Scanning, Multi-beam, Side Scan, Synthetic Aperture, Diver Detection SONAR, and Geography - Forecasts & Analysis to 2014 - 2020", the SONAR systems and technology market is estimated to grow at a CAGR of 6.22% from 2014, to reach $3.12 Billion by 2020.

Browse 89 market data tables and 67 figures spread through 314 pages and in-depth TOC on "SONAR Systems and Technology Market - Forecasts & Analysis to 2014 - 2020"

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The report provides market analysis of the SONAR systems and technology market for the next six years. It explains market and technology trends to gain competitive market intelligence. The market share of the leading companies in this market has been covered under competitive analysis. The impact of drivers and restraints has been analyzed and their impact on this market has been listed to provide an in-depth insight of the market.

he report provides information of the leading competitors in the SONAR systems and technology market; it also provides details on their financial positions, key products, their unique selling points, and key developments. This research report categorizes the global market on the basis of type, application, types of systems, regions, and by countries, along with forecasting revenues, market share, and analyzing trends in each of the sub sectors.

All the percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been viewed in extensive detail, verified through primary research, and analysed to procure the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets, and is presented in this report.

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The percentage split-ups of the segments categorized under the global market were used to arrive at the market sizes of each of the individual segments of the end-user verticals. The SONAR systems and technology market has been classified by type, application, system type, and geography. Thus, data was triangulated among five major categories based on their market sizes by types, application, system type, geography, and company revenue.

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