Sub Sensors Market Dives Deep To Surface Successfully

Transparency Market Research’s latest report, “Submarine Sensor Market, Ballistic Missile Submarines, and Diesel Electric Submarine - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025”, eyes the intensely competitive vendor landscape of the global submarine sensors market. To compete in this highly competitive market, companies are focused on the development of advanced, high-quality, and economical products. Investments aimed at geographical expansion, improving R&D and distribution networks across lucrative regional markets, and strategic partnerships with leading submarine manufacturers are also some of the key growth strategies adopted by vendors operating in the global submarine sensors market.

 

According to the report, the global submarine sensor market is expected to expand at a CAGR of 3.6% over a period between 2017 and 2025, rising from a valuation of $230.48 million in 2016 to $315.17 million by 2025. Some of the leading companies operating in the global submarine sensors market are Atlas Elektronik, Safran Electronics & Defense, Harris, DRS Technologies, Lockheed Martin, L3 KEO, Northrop Grumman, Ducommun, and Raytheon.

SENSORS MIDWEST

Sensors Midwest Hits Rosemont, IL October 16-17!

Sensors Midwest, the industry's largest event focusing on sensors, design, and IIoT in the Midwest region, is scheduled for October 16-17 at the Donald E. Stephens Convention Center in Rosemont, IL. Co-located with STMA, the event draws over 1,000 engineers and engineering professionals that are looking for access to the latest sensor advancements and will provide an opportunity to connect with the area's greatest technology leaders and suppliers.

 

Highlights 

 

Acoustic Sensors to Witness More Preference and Increased Demand

Increased Deployment of Attack Submarines in Naval Sector to Drive Market

Submarines have grown to be an integral part of the defense sector in the recent years

North America and Europe together account for nearly half of the market

 

Market has been segmented as follows:

 

Submarine Sensor Market, by Sensor Type

•Sonar

•Acoustic

•Fiber Optic

•Electromagnetic

 

Submarine Sensor Market, by Submarine Type

•Nuclear-Powered Attack submarine (SSN)

•Ballistic Missile Submarines (SSBN)

•Diesel Electric Submarine (SSK)

 

Submarine Sensor Market, by Application

•Marine Environmental Monitoring

•Underwater species protection

•Detection of Oil Resources

•Underwater Communication

•Underwater Communication

•Others

 

If you are ready to dive, torpedo yourself a comprehensive brochure of the report or, dive deep into your pocket to purchase a copy.

 

Transparency Market Research

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