Global Sonar Systems Market Projections 2015-2019

Global Defence Technology | Issue 3 | May 2011

The Key Players in Global Sonar Systems Market 2015-2019

The report, now available on ASDReports, recognizes the following companies in the Global Sonar Systems Market.
Key Vendors

• Kongsberg Maritime
• Lockheed Martin
• Raytheon
• Thales
• Ultra Electronics

Other Prominent Vendors

• Altas Elektronik
• Edge Tech
• Exelis
• Neptune Sonar
• Northrop Grumman
• R-2 Sonic
• Sound Metrics
• Teledyne Reson

Related/Background

Report: SONAR Systems Market at $4.9 Bln by 2020 | Subsea World News

SONAR Systems & Technology Market by Type (Active & Passive) - 2020 | MarketsandMarkets

 KEY TAKE-AWAYS

• The SONAR systems and technology market size is expected to grow during the forecast period
• Synthetic Aperture Sonar (SAS) Market has the highest business potential throughout the study period
• Passive SONAR is expected to be the maximum revenue generator among the different types of SONARs
• Enhancement in anti-submarine warfare techniques and advancement in digital signal processing are expected to be the major market drivers
• Thales and Ultra Electronics are the market leaders in the SONAR systems and technology market, holding approximately 40% of the market share