South America Sonar Systems and Technology Market By Product Type Forecast (2018-2025)
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Year HULL-MOUNTED SONAR STERN-MOUNTED SONAR DIPPING SONAR SONOBUOY
2018 $ 15.8 $ 4.3 $ 10.7 $ 6.9
2019 $ 17.8 $ 4.9 $ 12.3 $ 7.9
2020 $ 19.6 $ 5.5 $ 13.9 $ 8.9
2021 $ 21.4 $ 6.1 $ 15.5 $ 9.9
2022 $ 23.0 $ 6.6 $ 17.0 $ 10.9
2023 $ 24.5 $ 7.2 $ 18.5 $ 11.8
2024 $ 25.7 $ 7.6 $ 19.8 $ 12.6
2025 $ 26.7 $ 8.0 $ 21.1 $ 13.3
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South America Sonar Systems and Technology Market By Product Type Forecast (2018-2025)

Synopsis
The above chart is Global Sonar Systems and Technology market [2018-2025] South America by Product Type

Market Dynamics

hull mounted sonar segment accounted for the largest market share in 2018, this market is expected to reach usd 26.70 million in 2025 from usd 15.80 million in 2018. this market is projected to grow at a cagr of 6.99% 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 9.41% during the forecast period 2019 - 2025.

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