Global Sonar Systems and Technology Market Brazil and Rest Of South America
| Label | Europe | Germany | France | United Kingdom | Russian Federation | Rest of Europe |
|---|---|---|---|---|---|---|
| 2018 | 30349.5 USD Mn | 6426.0 USD Mn | 4824.3 USD Mn | 10839.4 USD Mn | 3673.9 USD Mn | 4586.0 USD Mn |
| 2019 | 31232.20 USD Mn | 6586.50 USD Mn | 5036.50 USD Mn | 11171.20 USD Mn | 3745.50 USD Mn | 4692.50 USD Mn |
| 2020 | 32140.60 USD Mn | 6750.90 USD Mn | 5258.00 USD Mn | 11513.20 USD Mn | 3818.60 USD Mn | 4799.90 USD Mn |
| 2021 | 33075.40 USD Mn | 6919.50 USD Mn | 5489.20 USD Mn | 11865.70 USD Mn | 3893.00 USD Mn | 4908.00 USD Mn |
| 2022 | 34037.40 USD Mn | 7092.30 USD Mn | 5730.60 USD Mn | 12228.90 USD Mn | 3969.00 USD Mn | 5016.60 USD Mn |
| 2023 | 35027.40 USD Mn | 7269.40 USD Mn | 5982.70 USD Mn | 12603.20 USD Mn | 4046.40 USD Mn | 5125.70 USD Mn |
| 2024 | 36046.20 USD Mn | 7451.00 USD Mn | 6245.80 USD Mn | 12989.10 USD Mn | 4125.30 USD Mn | 5235.00 USD Mn |
| 2025 | 37094.60 USD Mn | 7637.00 USD Mn | 6520.50 USD Mn | 13386.70 USD Mn | 4205.80 USD Mn | 5344.60 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
United Kingdom accounted for the largest market share in 2018 in the Europe c5isr market, and is expected to reach USD 13386.70 Million in 2025 from USD 10839.40 Million in 2018. However, France is the fastest growing market, which is expected to grow at a CAGR of 4.40% during the forecast period 2019 - 2025. land segment accounted for the largest market share in 2018, this market is expected to reach USD 15683.60 Million in 2025 from USD 13623.90 Million in 2018. This market is projected to grow at a CAGR of 2.03% during the forecast period from 2019 - 2025. However, airborne segment is the fastest growing market, which is expected to grow at a CAGR of 3.85% during the forecast period 2019 - 2025. defense segment accounted for the larger market share in 2018, this market is expected to reach USD 23688.60 Million in 2025 from USD 19763.60 Million in 2018. This market is projected to grow at a CAGR of 2.62% during the forecast period from 2019 - 2025.
However, commercial segment is the fastest growing market, which is expected to grow at a CAGR of 3.43% during the forecast period 2019 - 2025. surveillance and reconnaissance segment accounted for the largest market share in 2018, this market is expected to reach USD 9047.40 Million in 2025 from USD 7978.90 Million in 2018. This market is projected to grow at a CAGR of 1.81% during the forecast period from 2019 - 2025. However, electronic warfare segment is the fastest growing market, which is expected to grow at a CAGR of 4.82% during the forecast period 2019 - 2025. in theatre segment accounted for the larger market share in 2018, this market is expected to reach USD 23440.10 Million in 2025 from USD 19539.00 Million in 2018. This market is projected to grow at a CAGR of 2.63% during the forecast period from 2019 - 2025. However, back office segment is the fastest growing market, which is expected to grow at a CAGR of 3.39% during the forecast period 2019 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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