North America Sonar Systems and Technology Market Forecast (2018-2025)
The above chart is Global Sonar Systems and Technology market [2018-2025] by North America
united states accounted for the larger market share in 2018 in the north america sonar systems and technology market, and is expected to reach usd 1717.30 million in 2025 from usd 1201.30 million in 2018. however, canada is the fastest growing market, which is expected to grow at a cagr of 6.63% during the forecast period 2019 - 2025. hardware segment accounted for the larger market share in 2018, this market is expected to reach usd 1411.30 million in 2025 from usd 1019.00 million in 2018. this market is projected to grow at a cagr of 4.76% during the forecast period from 2019 - 2025. however, software segment is the fastest growing market, which is expected to grow at a cagr of 7.09% during the forecast period 2019 - 2025. commercial segment accounted for the larger market share in 2018, this market is expected to reach usd 1233.50 million in 2025 from usd 908.00 million in 2018. this market is projected to grow at a cagr of 4.46% during the forecast period from 2019 - 2025. however, defense segment is the fastest growing market, which is expected to grow at a cagr of 7.07% 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 801.40 million in 2025 from usd 596.90 million in 2018. this market is projected to grow at a cagr of 4.30% 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 6.53% during the forecast period 2019 - 2025. active segment accounted for the largest market share in 2018, this market is expected to reach usd 1341.70 million in 2025 from usd 901.10 million in 2018. this market is projected to grow at a cagr of 5.85% during the forecast period from 2019 - 2025.