The sonar system market Detailed Analysis Of Current Industry Trends, Growth Forecast To 2026
Summary:
According to the new market research report “sonar system market” is published by Whipsmartmi.com
Keywords:
sonar system market, sonar system industry, naval forces report, retrofit segment market, autonomous ships market, cruise ships market, sonar system key players market
The sonar system market is projected to grow at a CAGR 5.97% rate from 2021 to 2026. The major factors driving the growth of the market are the increasing global seaborne trade activities, growing requirement of ship owners to comply with the maritime safety norms, and flourishing maritime tourism sector.
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The increased demand for autonomous ships and cruise ships in the European region are reasons for the Europe sonar system market is projected to grow at the highest CAGR by 2026.
Key Market Players includes Raytheon (US), Lockheed Martin (US), Thales (France), Kongsberg Gruppen (Norway), Ultra Electronics (UK), L3 (US), Teledyne (US), Sonardyne (UK), Atlas Elektronik (Germany), Furuno (Japan), Navico (Norway), Japan Radio (JRC) Co. Ltd. (Japan), DSIT (Israel), EdgeTech (US), and Aselsan (Turkey), among others.
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