Side-scan sonar (also sometimes called side scan sonar, sidescan sonar, side imaging sonar, side-imaging sonar and bottom classification sonar) is a category of sonar system that is used to efficiently create an image of large areas of the sea floor.
In the coming years there is an increasing demand for Side Scan Sonars in the regions of United States and Europe that is expected to drive the market for more advanced Side Scan Sonars. Growth in government budgets in the principal countries, increasing of commercial fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Side Scan Sonars will drive growth in United States and Europe markets.
Globally, the Side Scan Sonars industry market is concentrated as the manufacturing technology of Side Scan Sonars is relatively matures than some high-tech equipment. And some enterprises, like Klein Marine Systems, EdgeTech, Kongsberg Maritime, etc. are well-known for the wonderful performance of their Side Scan Sonars and related services. At the same time, Europe, occupied 31.24% sales market share in 2017, is remarkable in the global Side Scan Sonars industry because of their market share and technology status of Side Scan Sonars.
The consumption volume of Side Scan Sonars is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Side Scan Sonars industry may not keep that fast. But it is surely forecasted that the market of Side Scan Sonars is still promising.
According to this study, over the next five years the Side Scan Sonars market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 3 million by 2024, from US$ 2 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Side Scan Sonars business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Side Scan Sonars market by product type, application, key manufacturers and key regions and countries.
This study considers the Side Scan Sonars value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single-beam
Multi-beam
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Commercial Application
Underwater Research
Defense & Security
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Klein Marine Systems
EdgeTech
Kongsberg Maritime
Marine Sonic
Imagenex Technology
JW Fishers
Syqwest
DeepVision
C-MAX
Hi-Target
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Side Scan Sonars consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Side Scan Sonars market by identifying its various subsegments.
Focuses on the key global Side Scan Sonars manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Side Scan Sonars with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Side Scan Sonars submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Side Scan Sonars . Industry analysis & Market Report on Side Scan Sonars is a syndicated market report, published as Global Side Scan Sonars Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Side Scan Sonars market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.