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Global Submarine Sensors Market to Grow at a CAGR of 3.12% over Forecast 2016-2020

ResearchMoz added Latest Research Report titled " Global Submarine Sensors Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.


Albany, NY -- (SBWIRE) -- 12/20/2016 -- A submarine employs a comprehensive array of sensors consisting of a group of passive and active sonars to detect targets. Active sonar sensors record audible pings to generate echoes and reveal objects around the submarine. However, while doing so, active sonars can simultaneously reveal the submarines presence to the enemies. Therefore, the use of sonars is increasingly becoming unpopular among naval forces. The passive sonar sensors consist of a set of different and sensitive hydrophones that are integrated into the hull or trailed in a towed array.

The global submarine sensors market to grow at a CAGR of 3.12% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global submarine sensors market for 2016-2020. To calculate the market size, the report provides a comprehensive overview of the submarine sensors market along with market segmentation by the hull classification symbols of submarines.

The market is divided into the following segments based on geography:
- Americas

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Technavio's report, Global Submarine Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Harris
- Lockheed Martin
- Northrop Grumman
- Raytheon
- Thales

Other prominent vendors
- DRS Technologies
- Ducommun
- L-3 KEO
- Safran Electronics & Defense

Market driver
- Advancement of electromagnetic and acoustic sensors.
- For a full, detailed list, view our report

Market challenge
- High maintenance and retrofitting costs.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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