Growing Applications in Preventive Defense Processes and Anti-Submarine Warfare
March 28, 2019 | PRNewswireEstimated reading time: 1 minute
The global sonar systems market was worth $ 4.2 billion in 2018. Sound navigation and ranging (SONAR) refers to a technique which employs sound waves for navigating, communicating, and detecting lost or hazardous objects. The sound waves are reflected from the objects and are detected by sonar systems which analyze the information contained in them. Sonar systems are generally divided into passive and active sonar.
Active sonar systems emit acoustic waves into the water and listen to their echoes underwater, whereas, passive sonars do not generate their own signals and listen to the sounds produced by other vessels. Nowadays, sonar systems are widely used for fishing, hydrography, oil exploration, marine observation and nautical charting activities.
Global Sonar Systems Market Drivers:
On account of the rising number of terrorist attacks, governments across the globe are increasing their defense budgets for building warships and deploying nuclear submarines as a part of their military strategies. Moreover, the growing applications of sonar systems in preventive defense processes and anti-submarine warfare (ASW) have boosted their demand across the globe.
In line with this, advanced systems are being developed, such as synthetic aperture sonar (SAS) which produces higher resolution images. In addition, consistent enhancements in the arena of autonomous underwater vehicles and rising demand for unmanned underwater vehicles (UUVs) for commercial exploration of oil and gas are also anticipated to bolster the growth of the market.
Suggested Items
LQDX Divests Aluminum Soldering Business - Mina™ - to Taiyo America Inc.
05/02/2024 | PRNewswireLQDX, formerly known as Averatek Corp., developer of high-performance materials for advanced semiconductor manufacturing, today announced that it has divested its aluminum soldering business – known as MinaTM – to Taiyo America Inc., a global market leader in advanced electronic materials.
IDTechEx Report on Quantum Technology: Nano-scale Physics for Massive Market Impact
04/30/2024 | PRNewswireThe quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions.
Guerrilla RF Completes Strategic Acquisition of GaN Device Portfolio from Gallium Semiconductor
04/29/2024 | BUSINESS WIREGuerrilla RF, Inc. has finalized the acquisition of Gallium Semiconductor's entire portfolio of GaN power amplifiers and front-end modules. Effective April 26th, 2024, GUER acquired all previously released components as well as new cores under development at Gallium Semiconductor.
Amphenol Reports Q1 2024 Results, Announces New Stock Repurchase Program
04/26/2024 | BUSINESS WIREAmphenol Corporation reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program.
Chinese Smartphone Market Maintains its Recovery Momentum at 6.5% Growth in 1Q24,
04/26/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 6.5% year over year (YoY) to 69.3 million units in 1Q24.