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Worldwide SONAR Systems Market Forecasts to 2019

A SONAR system works on using the same technology that is used by animals such as dolphins and bats for detecting objects. The technology was first recorded by Leonardo da Vinci in 1490, but intense research on it started after the Titanic mishap. During the World War I, the need to detect submarines fueled more research for SONAR system development. A SONAR system is divided into two types: active and passive. Active SONAR system is mostly used for civilian purposes like oil exploration activities, fishing, and hydrographic and nautical charting activities. Passive SONAR system is used for military activities.

The analysts forecast global SONAR systems market to grow at a CAGR of 7.01% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the global SONAR systems market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of SONAR systems.

The report, Global SONAR Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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