Passive Sonars Market
Passive Sonars Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Passive Sonars Market Size and Growth
The Passive Sonars market is experiencing significant growth due to rising naval expenditures and advancements in underwater surveillance technologies. The global market size is projected to reach approximately $1.5 billion by 2026, reflecting a compound annual growth rate (CAGR) of 4.2%. Increased demand for maritime security is driving this expansion.
Companies Covered
(Covid 19 Impact Covered)
◍ Kongsberg
◍ Ultra
◍ Wartsila
◍ Klein Marine Systems
◍ Tritech
◍ IXblue
◍ Dynamics Mission Systems
◍ Imagenex
◍ NORBIT
◍ L3Harris Technologies
◍ GeoSpectrum
◍ SOLARSUB
◍ Leonardo SpA
The Passive Sonar Market features players like Kongsberg, Ultra, Wartsila, and L3Harris Technologies, focusing on advanced technology and solutions. These companies enhance underwater surveillance, offering innovative systems that improve defense and marine monitoring. For instance, Kongsberg reported sales of approximately $2.8 billion, contributing significantly to market growth.
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Market Segmentation
By Application
Commercial Area
Scientific Area
Military Area
Others
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By Product
Low Frequency
Medium Frequency
High Frequency
Market Growth
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$ X Billion USD
