Sonar System Market by Product Type, Installation (Vessel Mount, Towed, Hand-Held & Pole Mounted, Airborne, UUV), Mode of Operation, Operating Frequency (High, Medium, Low), Application (Defense, Commercial), and Region - Global Forecast to 2022

  • ID: 4410330
  • Report
  • Region: Global
  • 157 Pages
  • Markets and Markets
1 of 5
The Sonar System Market is Projected to Grow from USD 3.49 Billion in 2016 to USD 3.72 Billion By 2022, at a CAGR of 4.33% from 2017 to 2022.

FEATURED COMPANIES

  • Atlas Elektronik
  • JRC
  • L3
  • Navico
  • Sonardyne
  • Thales
  • MORE

"Sonar system market is projected to grow at a CAGR of 4.33% during the forecast period."

The sonar system market is projected to grow from USD 3.49 billion in 2016 to USD 3.72 billion by 2022, at a CAGR of 4.33% from 2017 to 2022. The growth in this market can be attributed to the rising demand for sonar systems in tactical defense operations, increased adoption of sonars for Anti-Submarine Warfare (ASW) techniques, and growing demand for sonar systems from the fishing industry. However, factors including radiations emitted from sonars at high frequencies that affect the marine life and water vegetation can restrain the growth of the sonar system market in the future.

"Based on product type, the seabed imaging and information sonar segment is expected to grow at the highest CAGR during the forecast period."

The growth in the sonar system market can be attributed to the increasing demand for unmanned underwater vehicles in the commercial exploration of oil & gas and ongoing technological advancements in the field of autonomous underwater vehicles.

"Based on installation, the vessel mount segment accounted for the largest share of the sonar system market in 2016."

Based on installation, the vessel mount segment accounted for the largest share of the sonar system market in 2016. This can be attributed to the increase in various commercial and defense shipbuilding activities. These sonars are installed in ships in their hull. North America is expected to lead the vessel mount segment during the forecast period mainly due to by large naval shipbuilding orders in the US and Canada.

"North America was the largest market for sonar systems in 2016."

North America led the sonar system market in 2016. The North America sonar system market has been studied for the US and Canada. The US is leading the sonar system market in North America. Factors responsible for the growth of the North America sonar system market are procurement of advanced sonar systems to incorporate in improved naval defense systems for the security of the country and increase in R&D for technological advancements of sonar systems by major players in the region.

The break-up of the profile of primary participants for this report:

  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, Tier 3 - 20%
  • By Designation: C level - 35%, Director level - 25%, Others - 40%
  • By Region: North America - 50%, Europe- 30%, Asia Pacific - 15%, Rest of the World - 5%

Major players in the sonar system market are Kongsberg Gruppen ASA (Norway), Lockheed Martin Corporation (US), ATLAS ELEKTRONIK GmbH (Germany), Furuno Electric Co, Ltd. (Japan), Navico (Norway), and Thales Group (France), among others.

Research Coverage

The study segments the sonar system market on the basis of mode of operation (commercial active, military dual mode, and military passive), product type (general-purpose hull mounted sonar, seabed imaging and information sonar, stern mounted sonar, dipping sonar, and others), installation (vessel mounted, towed, hand-held and pole mounted, airborne, UUV, others), frequency of operation (high, medium, low), application (defense and commercial), and region (North America, Europe, Asia Pacific and Rest of the World). The report provides in-depth market intelligence regarding market dynamics and major factors that influence the growth of the sonar system market (drivers, restraints, opportunities, and industry-specific challenges), along with analyzing micromarkets with respect to individual growth trends, prospects, and their contribution to the sonar system market.

Reasons to buy the report:

From an insight perspective, this research report focuses on various levels of analyses - industry analysis (industry trends); market share analysis of top players; company profiles; emerging and high-growth segments of the market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on sonar systems offered by top players in the market
  • Market Sizing: Market size in the financial year 2015-2016 and projection of the market size from 2017 to 2022
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the sonar system market
  • Market Overview: Market dynamics and subsequent analyses of associated trends, drivers, restraints, and opportunities prevailing in the sonar system market
  • Market Development: Comprehensive information about lucrative markets by analyzing markets for sonar systems across various regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the sonar system market
  • Regional Analysis: Factors influencing market shares of North America, Europe, Asia Pacific, and the Rest of the World
  • Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading market players.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Atlas Elektronik
  • JRC
  • L3
  • Navico
  • Sonardyne
  • Thales
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Study Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Sonar System Market
    4.2 Sonar System Market, By Product Type
    4.3 Sonar System Market: Market Share and CAGR of Top 10 Countries
    4.4 Seabed Imaging and Information Sonar Segment, By Sub-Type
    4.5 North America Sonar System Market

5 Market Overview
    5.1 Introduction
           5.1.1 Sonar System Market, By Mode of Operation
           5.1.2 Sonar System Market, By Product Type
           5.1.3 Sonar System Market, By Installation
           5.1.4 Sonar System Market, By Operating Frequency
           5.1.5 Sonar System Market, By Application
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for Sonar Systems to Enhance Anti-Submarine Warfare Capabilities of Naval Forces Across the Globe
                    5.2.1.2 Growing Use of Sonar Systems in the Fishery Industry
                    5.2.1.3 Increasing Demand for High-Resolution Imaging for Seabed Mapping
                    5.2.1.4 Ongoing Advancements in Active Sonar Technologies
           5.2.2 Restraints
                    5.2.2.1 Adverse Effects of Sonar Systems on Marine Life
           5.2.3 Opportunities
                    5.2.3.1 Increasing Defense Spending Across the Globe for Early Detection of Enemy Submarines
                    5.2.3.2 Rising Demand for Unmanned Underwater Vehicles for Commercial and Defense Applications
           5.2.4 Challenges
                    5.2.4.1 Adhering to Various Environmental Regulations
                    5.2.4.2 Undergoing Complex Training Procedures to Use Sonar Systems for Anti-Submarine Warfare

6 Industry Trends
    6.1 Introduction
    6.2 Frequency of Operation
           6.2.1 High
           6.2.2 Medium
           6.2.3 Low
    6.3 Industry Trends
           6.3.1 Shift From 2D to 3D Sonar Data Acquisition for Seabed Imaging and Charting
           6.3.2 Passive Sonar Operations in Naval Applications
           6.3.3 Sonar Systems for Unmanned Underwater Vehicles
    6.4 Technology Trends
           6.4.1 Diver Detection Sonar Systems
           6.4.2 Synthetic Aperture Sonar Systems
           6.4.3 Surveillance Network Sonar Systems
           6.4.4 Twin Inverted Pulse Sonar (TWIPS) Systems
           6.4.5 Torpedo Countermeasure Systems
           6.4.6 Chirp Technology
    6.5 Sonar System Market: Overview
    6.6 Innovations & Patent Registrations

7 Sonar System Market, By Product Type
    7.1 Introduction
    7.2 General-Purpose Hull Mounted Sonar
           7.2.1 Forward-Looking Sonar
           7.2.2 Omni-Directional Sonar
    7.3 Seabed Imaging and Information Sonar
           7.3.1 Side Scan Sonar
           7.3.2 Synthetic Aperture Sonar
           7.3.3 Echosounder
           7.3.4 Sub Bottom Profilers
    7.4 Stern Mounted Sonar
           7.4.1 Variable Depth Sonar
           7.4.2 Towed Array Sonar
    7.5 Dipping Sonar
    7.6 Others

8 Sonar System Market, By Installation
    8.1 Introduction
    8.2 Vessel Mount
    8.3 Towed
    8.4 Hand-Held and Pole Mounted
    8.5 Airborne
    8.6 UUV

9 Sonar System Market, By Mode of Operation
    9.1 Introduction
    9.2 Commercial Active
    9.3 Military Dual Mode
    9.4 Military Passive

10 Sonar System Market, By Application
     10.1 Introduction
     10.2 Defense
             10.2.1 Anti-Submarine Warfare
             10.2.2 Underwater Port Security & Diver Detection
             10.2.3 Mine Detection and Countermeasure Systems
             10.2.4 Search and Rescue
     10.3 Commercial
             10.3.1 Fisheries
             10.3.2 Hydrography (Cartography)
             10.3.3 Navigation

11 Geographical Analysis
     11.1 Introduction
     11.2 North America
             11.2.1 By Product Type
             11.2.2 By Installation
             11.2.3 By Mode of Operation
             11.2.4 By Application
             11.2.5 By Country
                        11.2.5.1 US
                                     11.2.5.1.1 By Installation
                                     11.2.5.1.2 By Application
                        11.2.5.2 Canada
                                     11.2.5.2.1 By Installation
                                     11.2.5.2.2 By Application
     11.3 Europe
             11.3.1 By Product Type
             11.3.2 By Installation
             11.3.3 By Mode of Operation
             11.3.4 By Application
             11.3.5 By Country
                        11.3.5.1 UK
                                     11.3.5.1.1 By Installation
                                     11.3.5.1.2 By Application
                        11.3.5.2 France
                                     11.3.5.2.1 By Installation
                                     11.3.5.2.2 By Application
                        11.3.5.3 Germany
                                     11.3.5.3.1 By Installation
                                     11.3.5.3.2 By Application
                        11.3.5.4 Russia
                                     11.3.5.4.1 By Installation
                                     11.3.5.4.2 By Application
                        11.3.5.5 Italy
                                     11.3.5.5.1 By Installation
                                     11.3.5.5.2 By Application
                        11.3.5.6 Rest of Europe
                                     11.3.5.6.1 By Installation
                                     11.3.5.6.2 By Application
     11.4 Asia Pacific
             11.4.1 By Product Type
             11.4.2 By Installation
             11.4.3 By Mode of Operation
             11.4.4 By Application
             11.4.5 By Country
                        11.4.5.1 China
                                     11.4.5.1.1 By Installation
                                     11.4.5.1.2 By Application
                        11.4.5.2 India
                                     11.4.5.2.1 By Installation
                                     11.4.5.2.2 By Application
                        11.4.5.3 Japan
                                     11.4.5.3.1 By Installation
                                     11.4.5.3.2 By Application
                        11.4.5.4 South Korea
                                     11.4.5.4.1 By Installation
                                     11.4.5.4.2 By Application
                        11.4.5.5 Australia
                                     11.4.5.5.1 By Installation
                                     11.4.5.5.2 By Application
                        11.4.5.6 Rest of Asia Pacific
                                     11.4.5.6.1 By Installation
                                     11.4.5.6.2 By Application
     11.5 Rest of the World
             11.5.1 By Product Type
             11.5.2 By Installation
             11.5.3 By Mode of Operation
             11.5.4 By Application
             11.5.5 By Country
                        11.5.5.1 Saudi Arabia
                                     11.5.5.1.1 By Installation
                                     11.5.5.1.2 By Application
                        11.5.5.2 United Arab Emirates
                                     11.5.5.2.1 By Installation
                                     11.5.5.2.2 By Application
                        11.5.5.3 Israel
                                     11.5.5.3.1 By Installation
                                     11.5.5.3.2 By Application
                        11.5.5.4 Brazil
                                     11.5.5.4.1 By Installation
                                     11.5.5.4.2 By Application
                        11.5.5.5 Others
                                     11.5.5.5.1 By Installation
                                     11.5.5.5.2 By Application

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
     12.1 Raytheon
     12.2 Lockheed Martin
     12.3 Thales
     12.4 Kongsberg Gruppen
     12.5 Ultra Electronics
     12.6 L3
     12.7 Teledyne
     12.8 Sonardyne
     12.9 Atlas Elektronik
     12.10 Furuno
     12.11 Navico
     12.12 JRC

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

List of Tables
Table 1 2D Sonar Data Acquisition vs 3D Sonar Data Acquisition
Table 2 Sonar Data Acquisition & Processing Software Being Used Globally
Table 3 Sonar Systems Operating in Different Modes
Table 4 Market Overview in the Sonar System Market, 2016
Table 5 Important Innovations & Patent Registrations, 2012-2017
Table 6 Sonar System Market, By Product Type, 2015-2022 (USD Million)
Table 7 General-Purpose Hull Mounted Sonar Segment, By Subsegment, 2015-2022 (USD Million)
Table 8 Forward-Looking Sonar Subsegment, By Region, 2015-2022 (USD Million)
Table 9 Omni-Directional Sonar Subsegment, By Region, 2015-2022 (USD Million)
Table 10 Seabed Imaging and Information Sonar Segment, By Subsegment, 2015-2022 (USD Million)
Table 11 Side Scan Sonar Subsegment, By Region, 2015-2022 (USD Million)
Table 12 Synthetic Aperture Sonar Subsegment, By Region, 2015-2022 (USD Million)
Table 13 Echosounder Subsegment, By Region, 2015-2022 (USD Million)
Table 14 Sub Bottom Profilers Subsegment, By Region, 2015-2022 (USD Million)
Table 15 Stern Mounted Sonar Segment, By Subsegment, 2015-2022 (USD Million)
Table 16 Variable Depth Sonar Subsegment, By Region, 2015-2022 (USD Million)
Table 17 Towed Array Sonar Subsegment, By Region, 2015-2022 (USD Million)
Table 18 Dipping Sonars Segment, By Region, 2015-2022 (USD Million)
Table 19 Others Segment, By Region, 2015-2022 (USD Million)
Table 20 Sonar System Market, By Installation, 2015-2022 (USD Million)
Table 21 Vessel Mount Sonar System Market, By Region, 2015-2022 (USD Million)
Table 22 Towed Sonar System Market, By Region, 2015-2022 (USD Million)
Table 23 Hand-Held and Pole Mounted Sonar System Market, By Region, 2015-2022 (USD Million)
Table 24 Airborne Sonar System Market, By Region, 2015-2022 (USD Million)
Table 25 UUV Sonar System Market, By Region, 2015-2022 (USD Million)
Table 26 Sonar System Market, By Mode of Operation, 2015-2022 (USD Million)
Table 27 Commercial Active Segment, By Region, 2015-2022 (USD Million)
Table 28 Military Dual Mode Segment, By Region, 2015-2022 (USD Million)
Table 29 Military Passive Segment, By Region, 2015-2022 (USD Million)
Table 30 Sonar System Market, By Application, 2015-2022 (USD Million)
Table 31 Defense Sonar System Market, By Region, 2015-2022 (USD Million)
Table 32 Defense Sonar System Market, By Application, 2015-2022 (USD Million)
Table 33 Anti-Submarine Warfare Sonar System Market for Defense, By Region, 2015-2022 (USD Million)
Table 34 Underwater Port Security & Diver Detection Sonar System Market for Defense, By Region, 2015-2022 (USD Million)
Table 35 Mine Detection and Countermeasure Systems Sonar System Market for Defense, By Region, 2015-2022 (USD Million)
Table 36 Search & Rescue Sonar System Market for Defense, By Region, 2015-2022 (USD Million)
Table 37 Commercial Sonar System Market, By Region, 2015-2022 (USD Million)
Table 38 Commercial Sonar System Market, By Application, 2015-2022 (USD Million)
Table 39 Fisheries Sonar System Market for Commercial, By Region, 2015-2022 (USD Million)
Table 40 Hydrography Sonar System Market for Commercial, By Region, 2015-2022 (USD Million)
Table 41 Navigation Sonar System Market for Commercial, By Region, 2015-2022 (USD Million)
Table 42 Sonar System Market Size, By Region, 2015-2022 (USD Billion)
Table 43 North America Sonar System Market Size, By Product Type, 2015-2022 (USD Million)
Table 44 North America Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 45 North America Sonar System Market Size, By Mode of Operation, 2015-2022 (USD Million)
Table 46 North America Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 47 North America Sonar System Market Size, By Country, 2015-2022 (USD Million)
Table 48 US Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 49 US Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 50 Canada Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 51 Canada Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 52 Europe Sonar System Market Size, By Product Type, 2015-2022 (USD Million)
Table 53 Europe Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 54 Europe Sonar System Market Size, By Mode of Operation, 2015-2022 (USD Million)
Table 55 Europe Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 56 Europe Sonar System Market Size, By Country, 2015-2022 (USD Million)
Table 57 UK Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 58 UK Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 59 France Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 60 France Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 61 Germany Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 62 Germany Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 63 Russia Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 64 Russia Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 65 Italy Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 66 Italy Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 67 Rest of Europe Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 68 Rest of Europe Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 69 Asia Pacific Sonar System Market Size, By Product Type, 2015-2022 (USD Million)
Table 70 Asia Pacific Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 71 Asia Pacific Sonar System Market Size, By Mode of Operation, 2015-2022 (USD Million)
Table 72 Asia Pacific Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 73 Asia Pacific Commercial Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 74 Asia Pacific Defense Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 75 Asia Pacific Sonar System Market Size, By Country, 2015-2022 (USD Million)
Table 76 China Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 77 China Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 78 India Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 79 India Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 80 Japan Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 81 Japan Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 82 South Korea Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 83 South Korea Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 84 Australia Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 85 Australia Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 86 Rest of Asia Pacific Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 87 Rest of Asia Pacific Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 88 RoW Sonar System Market Size, By Product Type, 2015-2022 (USD Million)
Table 89 RoW Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 90 RoW Sonar System Market Size, By Mode of Operation, 2015-2022 (USD Million)
Table 91 RoW Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 92 RoW Commercial Sonar System Market Size, By Type, 2015-2022 (USD Million)
Table 93 RoW Defense Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 94 RoW Sonar System Market Size, By Country, 2015-2022 (USD Million)
Table 95 Saudi Arabia Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 96 Saudi Arabia Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 97 UAE Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 98 UAE Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 99 Israel Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 100 Israel Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 101 Brazil Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 102 Brazil Sonar System Market Size, By Application, 2015-2022 (USD Million)
Table 103 Others Sonar System Market Size, By Installation, 2015-2022 (USD Million)
Table 104 Others Sonar System Market Size, By Application, 2015-2022 (USD Million)

List of Figures
Figure 1 Sonar System Market Segmentation
Figure 2 Research Process Flow
Figure 3 Sonar System Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Among Product Types, the General-Purpose Hull Mounted Sonar Segment is Projected to Lead the Sonar System Market From 2017 to 2022
Figure 9 The Unmanned Underwater Vehicles Segment is Expected to Grow at the Highest CAGR From 2017 to 2022
Figure 10 Among Mode of Operations, the Military Dual Mode Segment is Projected to Lead the Sonar System Market From 2017 to 2022
Figure 11 Among Applications, the Defense Segment is Projected to Lead the Sonar System Market From 2017 to 2022
Figure 12 North America is Estimated to Account for the Largest Share of the Sonar System Market in 2017
Figure 13 Increasing Adoption of Sonar Systems to Enhance Anti-Submarine Warfare Capabilities of Naval Forces Across the Globe is Fueling the Growth of the Sonar System Market
Figure 14 The General-Purpose Hull Mounted Sonar Segment is Projected to Lead the Sonar System Market From 2017 to 2022
Figure 15 The US is Estimated to Account for the Largest Share of the Sonar System Market in 2017
Figure 16 The Echosounder Subsegment is Projected to Lead the Seabed Imaging and Information Sonar Segment From 2017 to 2022
Figure 17 The Anti-Submarine Warfare and Hydrography Subsegments are Estimated to Lead the Defense and Commercial Application Segments, Respectively, in 2017
Figure 18 Sonar System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Evolution of Sonar Systems
Figure 20 Industry Trends in the Sonar System Market
Figure 21 Technology Trends in the Sonar System Market
Figure 22 Seabed Imaging and Information Sonar Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Based on Installation, the UUV Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Commercial Active Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Commercial Application Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 26 North America is Estimated to Account for the Largest Share of the Sonar System Market in 2017
Figure 27 North America Sonar System Market Snapshot
Figure 28 Europe Sonar System Market Snapshot
Figure 29 Asia Pacific Sonar System Market Snapshot
Figure 30 Raytheon: Company Snapshot
Figure 31 Lockheed Martin: Company Snapshot
Figure 32 Thales: Company Snapshot
Figure 33 Kongsberg Gruppen: Company Snapshot
Figure 34 Ultra Electronics: Company Snapshot
Figure 35 L3: Company Snapshot
Figure 36 Teledyne: Company Snapshot
Figure 37 Furuno: Company Snapshot
Figure 38 JRC: Company Snapshot

Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Atlas Elektronik
  • JRC
  • L3
  • Navico
  • Sonardyne
  • Thales
  • MORE

The sonar system market was valued at USD 3.49 Billion in 2016 and is projected to reach USD 3.72 Billion by 2022, at a CAGR of 4.33% from 2017 to 2022. Various factors such as growth in the defense spending of Asia Pacific and North American countries on naval platforms has led to a rise in the demand for sonar systems for defense in these regions. Moreover, growth in the usage of sonars for fish finding has led to the demand for commercial sonars.

Among applications, the defense segment is estimated to account for the largest share of the sonar system market in 2017. Anti-submarine warfare operations have the highest application of sonars in defense. Commercial application includes usage of sonars in hydrographic surveys, navigation, and fisheries. The demand for navigation sonar systems is mainly from shipbuilding countries.

Among product types, the general-purpose hull mounted sonar segment is estimated to account for the largest share of the sonar system market in 2017. These sonars are installed in ships’ hull for navigation and threat detection. The seabed imaging and information sonar segment is expected to account for the second-largest market share in 2017. These sonars are used for hydrographic surveying and sub bottom profiling.

Based on installation, the vessel mount segment is projected to lead the sonar system market during the forecast period. The growth of this segment can be attributed to the increase in shipbuilding activities wherein these sonars are installed in a ship’s hull. UUV is the fastest growing installation segment due to the increase in the utilization of Autonomous Undersea Vehicles (AUV) and Remotely Operated Vehicles (ROV). These vehicles are used for hydrographic surveys and underwater military surveillance.

Sonar System Market

The Asia Pacific sonar system market is projected to grow at the highest CAGR from 2017 to 2022. Countries in this region include China, Japan, South Korea, Australia, and India. Substantial investments by China in defense and investments by various Asia Pacific nations in shipbuilding capabilities are some of the factors driving the sonar system market in the Asia Pacific region.

However, adverse effects of sonar systems on the marine life are expected to act as a restraint for the market growth.

The types of sonar system offered by various companies in the market have been listed in this report. The recent developments section of the report lists latest and important developments by companies in the sonar system market between 2015 and 2017. The major players in the military sonar system market are Thales Group (France), Raytheon Company (US), Lockheed Martin Corporation (US), ATLAS ELECTRONIK GmbH (Germany), and Ultra Electronics Holdings PLC (UK). Major players offering hydrographic survey sonar systems include Kongsberg Gruppen ASA (Norway) and Teledyne Technologies Inc. (US). Fisheries and navigation sonars are provided by Furuno Electric Co., Ltd. (Japan), Japan Radio Company, Ltd. (Japan), and Navico (Norway) among others. New product launches and contracts accounted for the major share of all the growth strategies adopted by the leading players in the sonar system market.

Note: Product cover images may vary from those shown
5 of 5
  • Atlas Elektronik
  • Furuno
  • JRC
  • Kongsberg Gruppen
  • L3
  • Lockheed Martin
  • Navico
  • Raytheon
  • Sonardyne
  • Teledyne
  • Thales
  • Ultra Electronics
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll