AN/SQS-504

Global Naval Sonar Market, Forecast to 2029 - A $2.9 Billion Opportunity, Driven by the Increased Focus on Induction of Technologically Advanced Submarines Equipped with ISS

Retrieved on: 
Tuesday, January 14, 2020

The hull mounted sonar is expected to be the largest segment in the global naval sonar market during the forecast period.

Key Points: 
  • The hull mounted sonar is expected to be the largest segment in the global naval sonar market during the forecast period.
  • The increased focus on induction of technologically advanced submarines equipped with Integrated Sonar Suite (ISS) is anticipated to be a major factor driving the global naval sonars market worldwide.
  • The naval sonar market is classified into of five categories: Hull Mounted Sonar, Towed Sonar, Sonobuoys, Dipping Sonar, and Diver Detection Sonar.
  • The Hull Mounted Sonar segment is expected to dominate the naval sonar market over the forecast period.