Europe Sonar Systems and Technology Market Forecast (2018-2025)
The above chart is Global Sonar Systems and Technology market [2018-2025] by Europe
united kingdom accounted for the largest market share in 2018 in the europe sonar systems and technology market, and is expected to reach usd 527.10 million in 2025 from usd 304.00 million in 2018. however, france is the fastest growing market, which is expected to grow at a cagr of 9.58% during the forecast period 2019 - 2025. active segment accounted for the largest market share in 2018, this market is expected to reach usd 136.30 million in 2025 from usd 81.20 million in 2018. this market is projected to grow at a cagr of 7.67% during the forecast period from 2019 - 2025. hardware segment accounted for the larger market share in 2018, this market is expected to reach usd 995.00 million in 2025 from usd 607.70 million in 2018. this market is projected to grow at a cagr of 7.30% during the forecast period from 2019 - 2025. however, software segment is the fastest growing market, which is expected to grow at a cagr of 9.68% during the forecast period 2019 - 2025. hull mounted sonar segment accounted for the largest market share in 2018, this market is expected to reach usd 565.00 million in 2025 from usd 356.00 million in 2018. this market is projected to grow at a cagr of 6.82% during the forecast period from 2019 - 2025. however, dipping sonar segment is the fastest growing market, which is expected to grow at a cagr of 9.11% during the forecast period 2019 - 2025. commercial segment accounted for the larger market share in 2018, this market is expected to reach usd 869.70 million in 2025 from usd 541.50 million in 2018. this market is projected to grow at a cagr of 6.99% during the forecast period from 2019 - 2025. however, defense segment is the fastest growing market, which is expected to grow at a cagr of 9.67% during the forecast period 2019 - 2025.