The global Marine Sensors market, valued at $1.85 billion in 2020, is projected to expand to $5.37 billion by 2028, growing at a compound annual growth rate (CAGR) of 13.84% from 2021 to 2028. This significant growth is driven by a variety of macroeconomic and microeconomic factors, including the increasing demand for thermometric sensors within the marine industry.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Component Type (Magnetic Sensors, Acoustic Sensors, Sonars, Pressure Sensors, Flow And Level Sensors, Temperature Sensors)
By Application (Command And Control, Intelligence And Reconnaissance, Target Recognition)
Key players
Gill Instruments
Honeywell International Inc.
Lockheed Martin Corporation
NRG Systems Inc.
Raytheon Company
Saab AB
Thales Group
BAE Systems
Kongsberg
Thales Group
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