Global Sonar System Market

Global Sonar System Market Size, Share, Growth Analysis, By Type of Sonar(Active Sonar, Passive Sonar), By Installation Platform(Vessel-Mounted, Airborne), By Application(Defense, Commercial) - Industry Forecast 2023-2030


Report ID: SQMIG45I2178 | Region: Global | Published Date: July, 2037
Pages: 197 | Tables: 93 | Figures: 76

Global Sonar System Market Insights

Global Sonar System Market size was valued at USD 1.13 Billion in 2022 and is poised to grow from USD 1.22 Billion in 2023 to USD 2.26 Billion by 2031, at a CAGR of 8% during the forecast period (2024-2031).

The Global Sonar System Market is characterised by way of massive boom, propelled by means of numerous packages across protection, maritime, and underwater exploration sectors. The growing call for for advanced anti-submarine conflict (ASW) abilities, underwater surveillance, and navigation safety contributes drastically to marketplace expansion. Technological advancements in sonar structures, together with the combination of artificial intelligence and progressed sign processing, decorate detection skills. The marketplace is driven via growing naval modernization programs and the growing need for underwater domain awareness. North America and Asia-Pacific are key regions, pushed through protection investments and maritime sports. Key trends include the improvement of compact and lightweight sonar structures for unmanned underwater cars (UUVs) and the integration of sonar with independent technology.

Market snapshot - 2024-2031

Global Market Size

USD 1.13 Billion

Largest Segment

Vessel-Mounted

Fastest Growth

UUVs Mounted sonar

Growth Rate

8% CAGR

Global Sonar System Market ($ Bn)
Market Share For North America Region (%)
Global Sonar System Market By Installation Platform ($ Bn)
Global Sonar System Market By Installation Platform ($ Bn)

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Global Sonar System Market Segmental Analysis

The global Sonar System market is segmented into four major segments i.e. by Type of Sonar, Installation Platform, Application, and region. Based on Type, it is divided into Active Sonar, Passive Sonar, Dual Sonar. Based on Installation Platform, it is bifurcated as Vessel-Mounted, Airborne, Handheld, UUVs (Unmanned Underwater Vehicles). Based on Application it is segregated into, Defense, Commercial, Fisheries, Hydrography, Oil and Gas Exploration. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.

Analysis by Type

Dual Sonar structures are predicted to dominate the marketplace because of their versatility. Dual Sonar combines both active and passive sonar abilities, supplying a complete answer for a wide variety of applications, which includes anti-submarine warfare, underwater surveillance, and navigation safety.

Sonar systems designed for UUVs are expected to be the fastest-developing type. The increasing use of unmanned underwater motors in maritime exploration, protection, and surveillance drives the call for compact and lightweight sonar structures tailor-made for these self-sustaining platforms. The capability of UUVs to operate in difficult underwater environments propels the increase of sonar systems customized for this application, making it the quickest-developing segment within the sonar machine market.

Analysis by Installation

Vessel-mounted sonar systems are anticipated to dominate the market. Vessels, which include naval ships and business vessels, widely install sonar for anti-submarine battle, underwater surveillance, and navigation, making vessel-installed installations the fundamental desire.

UUV-mounted sonar structures are expected to be the fastest-developing installation type. The increasing adoption of unmanned underwater motors in numerous programs, such as defense and underwater exploration, fuels the call for specialised sonar systems tailored for UUVs. The versatility and maneuverability of UUVs make a contribution to the speedy growth of sonar installations on these self reliant systems.

Global Sonar System Market By Installation Platform, 2022 (%)

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Global Sonar System Market Regional Insights

North America is poised to dominate the Sonar System Market. The area has a strong presence of protection groups making an investment in superior sonar technologies for maritime security and anti-submarine warfare. Additionally, the considerable maritime sports and ongoing modernization efforts make a contribution to the dominance of North America in the Sonar System Market.

Asia-Pacific is predicted to be the quickest-growing location in the Sonar System Market. Rising geopolitical tensions and the growing naval competencies of countries inside the region pressure vast investments in sonar systems for defense functions. The increase of business applications, which include fisheries and offshore exploration, in addition propels the demand for superior sonar structures in the Asia-Pacific region.

Global Sonar System Market Geography, 2024-2031
  • Largest
  • Fastest

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Global Sonar System Market Dynamics

Drivers

Increasing Demand For Advanced Anti-Submarine Warfare (Asw)

  • The escalating call for superior anti-submarine battle (ASW) skills is a primary driving force, with international locations specializing in bolstering their naval protection. Technological improvements, particularly in sign processing and artificial intelligence integration, enhance sonar systems' detection and analysis abilities.

Restraints

High Complexity Of Regulatory Frameworks

  • One of the main market restraints is the complexity of regulatory frameworks, which often vary across areas and may impede the seamless deployment of sonar systems. Additionally, the excessive prices associated with growing and preserving superior sonar technologies act as a deterrent, especially for smaller players in the market.

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Global Sonar System Market Competitive Landscape

The competitive environment of the Sonar System market is dynamic and is marked by strong opposition amongst key gamers vying for technological innovation and market percentage. Major defense contractors, technology companies, and specialised sonar gadget companies are central figures in this panorama. Continuous studies and development efforts symbolize the market, with a focus on improving detection competencies, variety, and signal processing.

Top Player’s Company Profiles

  • Kongsberg Gruppen ASA (Norway)
  • Teledyne Technologies Incorporated (USA)
  • Raytheon Technologies Corporation (USA)
  • Thales Group (France)
  • Lockheed Martin Corporation (USA)
  • Ultra Electronics Holdings plc (UK)
  • L3Harris Technologies Inc. (USA)
  • General Dynamics Corporation (USA)
  • ATLAS ELEKTRONIK GmbH (Germany)
  • Navico Holding AS (Norway)
  • Aselsan Elektronik Sanayi A.Ş. (Turkey)
  • FURUNO ELECTRIC CO. LTD (Japan)
  • Japan Radio Co., Ltd. (Japan)
  • Northrop Grumman Corporation (USA)
  • DSIT Solutions Ltd (Canada)
  • Kraken Robotics Inc. (Canada)
  • iXblue (France)
  • Tritech International Ltd (UK)
  • EDO Corporation (USA)
  • Sonardyne International Ltd (UK)

Recent Developments

  • In November 2023, LIG NEX1, a defense firm based in South Korea, said that the technical responsibilities associated with the Conformal Array Sonar Technology Development Program for submarines had been completed. 
  • October 2023: Infineon Technologies declared the crowning glory of the acquisition of GaN Systems Inc. The Ottawa-situated employer provides a extensive range of strength conversion answers primarily based on gallium nitride (GaN) at the side of superior software know-how.  
  • July 2023:  Negotiations are reportedly underway among representatives of the Saudi Arabian Defense Electronic Company (SADEC) and Lockheed Martin for the acquisition of a sophisticated sonar machine, accompanied by means of discussions on a Transfer of Technology (ToT) settlement. 
  • In May 2023, Advanced anti-submarine warfare (ASW) missions were jointly unveiled by Israel Aerospace Industries and ATLAS ELEKTRONIK during the Undersea Defence Technology (UDT) Conference and Exhibition in Rostock, Germany.

Global Sonar System Key Market Trends

  • Rising Shift Towards The Integration Of Artificial Intelligence (Ai) And Machine Learning (Ml): The discernible shift towards the mixing of synthetic intelligence (AI) and system studying (ML) algorithms in sonar structures, enhancing actual-time information evaluation and enhancing detection competencies. Secondly, there may be a fashion toward the development of compact and lightweight sonar systems, especially for unmanned underwater vehicles (UUVs), reflecting the industry's drive for increased mobility and flexibility.

Global Sonar System Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

Global Sonar System marketplace analysis exhibits a dynamic market with a number of standout traits and difficulties. The Market is pushed by using heightened demand for for superior anti-submarine battle competencies and underwater surveillance. Technological improvements, specifically AI integration and lightweight structures for unmanned underwater cars, propel marketplace increase. Regulatory complexities, high improvement fees, and environmental issues act as restraints. Dominated by way of important defense contractors, the market is marked with the aid of strategic collaborations and R&D investments.

Report Metric Details
Market size value in 2022 USD 1.13 Billion
Market size value in 2031 USD 2.26 Billion
Growth Rate 8%
Base year 2022
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type of Sonar
    • Active Sonar, Passive Sonar, Dual Sonar
  • Installation Platform
    • Vessel-Mounted, Airborne, Handheld, UUVs (Unmanned Underwater Vehicles)
  • Application
    • Defense, Commercial, Fisheries, Hydrography, Oil and Gas Exploration
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Kongsberg Gruppen ASA (Norway)
  • Teledyne Technologies Incorporated (USA)
  • Raytheon Technologies Corporation (USA)
  • Thales Group (France)
  • Lockheed Martin Corporation (USA)
  • Ultra Electronics Holdings plc (UK)
  • L3Harris Technologies Inc. (USA)
  • General Dynamics Corporation (USA)
  • ATLAS ELEKTRONIK GmbH (Germany)
  • Navico Holding AS (Norway)
  • Aselsan Elektronik Sanayi A.Ş. (Turkey)
  • FURUNO ELECTRIC CO. LTD (Japan)
  • Japan Radio Co., Ltd. (Japan)
  • Northrop Grumman Corporation (USA)
  • DSIT Solutions Ltd (Canada)
  • Kraken Robotics Inc. (Canada)
  • iXblue (France)
  • Tritech International Ltd (UK)
  • EDO Corporation (USA)
  • Sonardyne International Ltd (UK)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Sonar System Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Sonar System Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Sonar System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Sonar System Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Sonar System Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Sonar System Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Sonar System Market size was valued at USD 1.13 Billion in 2022 and is poised to grow from USD 1.22 Billion in 2023 to USD 2.26 Billion by 2031, at a CAGR of 8% during the forecast period (2024-2031).

The competitive environment of the Sonar System market is dynamic and is marked by strong opposition amongst key gamers vying for technological innovation and market percentage. Major defense contractors, technology companies, and specialised sonar gadget companies are central figures in this panorama. Continuous studies and development efforts symbolize the market, with a focus on improving detection competencies, variety, and signal processing. 'Kongsberg Gruppen ASA (Norway)', 'Teledyne Technologies Incorporated (USA)', 'Raytheon Technologies Corporation (USA)', 'Thales Group (France)', 'Lockheed Martin Corporation (USA)', 'Ultra Electronics Holdings plc (UK)', 'L3Harris Technologies Inc. (USA)', 'General Dynamics Corporation (USA)', 'ATLAS ELEKTRONIK GmbH (Germany)', 'Navico Holding AS (Norway)', 'Aselsan Elektronik Sanayi A.Ş. (Turkey)', 'FURUNO ELECTRIC CO. LTD (Japan)', 'Japan Radio Co., Ltd. (Japan)', 'Northrop Grumman Corporation (USA)', 'DSIT Solutions Ltd (Canada)', 'Kraken Robotics Inc. (Canada)', 'iXblue (France)', 'Tritech International Ltd (UK)', 'EDO Corporation (USA)', 'Sonardyne International Ltd (UK)'

The escalating call for superior anti-submarine battle (ASW) skills is a primary driving force, with international locations specializing in bolstering their naval protection. Technological improvements, particularly in sign processing and artificial intelligence integration, enhance sonar systems' detection and analysis abilities.

Rising Shift Towards The Integration Of Artificial Intelligence (Ai) And Machine Learning (Ml): The discernible shift towards the mixing of synthetic intelligence (AI) and system studying (ML) algorithms in sonar structures, enhancing actual-time information evaluation and enhancing detection competencies. Secondly, there may be a fashion toward the development of compact and lightweight sonar systems, especially for unmanned underwater vehicles (UUVs), reflecting the industry's drive for increased mobility and flexibility.

North America is poised to dominate the Sonar System Market. The area has a strong presence of protection groups making an investment in superior sonar technologies for maritime security and anti-submarine warfare. Additionally, the considerable maritime sports and ongoing modernization efforts make a contribution to the dominance of North America in the Sonar System Market.

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