Sonar Systems Market to be dominated by Hull-mounted Sonar through 2027
Advancements in sensor technology and growing demand for seaborne trade activities are expected to drive the demand for global sonar systems market in the forecast period, 2023-2027. According to TechSci Research report, “Sonar Systems Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” , the global sonar systems market is anticipated to witness impressive growth in the forecast period, 2023-2027. Sound navigation and ranging (SONAR) can be defined as a technique that uses sound waves for navigating, detecting lost or hazardous objects, and communication purposes. It sends the sound waves reflected from objects and detected by the sonar systems. Sonar systems find applications in nautical charting activities, oil exploration, fishing, hydrography, and marine observation activities. The major factors driving the growth of global sonar systems marker are rapidly expanding naval fleet by modernization of the existing fleet and purchase of n...