Global SONAR System Market Size, Share, Forecasts to 2033 sphericalinsights.com

The Global SONAR System Market Size is expected to reach USD 5.7 Billion by 2033, at a CAGR of 5.00% during the forecast period 2023 to 2033. When it comes to identifying submarines, underwater mines, and other possible dangers, SONAR systems are essential to naval defence. Defence resources set aside for the purchase of SONAR systems are probably going to fuel market expansion because of rising geopolitical tensions and the requirement for improved maritime security.