Sonar System Market

Sonar System Market by Product Type (Hull Mounted, Stern Mounted, Sonobuoy, DDS), Application (Commercial, Defense), Platform (Ship Type, Airborne), End User (Line Fit, Retrofit), Solution (Hardware, Software), Region - Global Forecast to 2023

Report Code: AS 3041 Feb, 2019, by marketsandmarkets.com

[183 Pages Report] The sonar system market is projected to grow from USD 2.6 billion in 2018 to USD 3.7 billion by 2023, at a CAGR of 7.0% from 2018 to 2023. The major factors driving the growth of the market are the increasing global seaborne trade activities, growing requirement of shipowners to comply with the maritime safety norms, and flourishing maritime tourism sector.

Sonar System Market

Based on ship type platform, the defense segment of the sonar system market is projected to grow at a higher CAGR than the commercial segment during the forecast period

Based on ship type platform, the defense segment of the sonar system market is projected to grow at a higher CAGR than the commercial segment from 2018 to 2023. The growth of this segment can be attributed to the increased demand for different types of ships by naval forces of different countries. Moreover, the increasing demand for equipping naval ships with updated Anti-submarine Warfare (ASW) systems is expected to drive the growth of the defense segment of the market.

Increasing demand for retrofitting existing commercial vessels from the European and Asia Pacific regions is expected to drive the growth of the retrofit segment of the sonar system market from 2018 to 2023.

Based on end user, the retrofit segment of the sonar system market is projected to grow at a higher CAGR than the line fit segment during the forecast period. The increase in the number of orders for retrofitting existing commercial ships is leading to the growth of the retrofit segment of the market.

Sonar System Market

The Europe sonar system market is projected to grow at the highest CAGR from 2018 to 2023.

The Europe sonar system market is projected to grow at the highest CAGR during the forecast period. Although the shipbuilding industry in the region is currently going through a slump, the increased demand for autonomous ships and cruise ships in the European region is expected to fuel the growth of the sonar system market in this region from 2018 to 2023.

Key market players

The major players in the sonar system market include Raytheon (US), Lockheed Martin (US), Thales (France), Kongsberg Gruppen (Norway), Ultra Electronics (UK), L3 (US), Teledyne (US), Sonardyne (UK), Atlas Elektronik (Germany), Furuno (Japan), Navico (Norway), Japan Radio (JRC) Co. Ltd. (Japan), DSIT (Israel), EdgeTech (US), and Aselsan (Turkey), among others. These players have adopted the key strategies of contracts and new product developments to strengthen their position in the sonar system market.

Kongsberg Gruppen, a Norway-based company, provides high-technology systems to its customers in the marine, oil & gas, and aerospace & defense industries. The company offers marine engine monitoring systems through its Kongsberg maritime business segment. In recent years, Kongsberg maritime has received several contracts from governments as well as shipyards of different countries across the globe. For instance, in 2018, Kongsberg Gruppen received a contract from the Ocean Infinity for supplying 5 HUGIN autonomous underwater vehicle systems. These autonomous underwater vehicle systems are fitted with the latest generation HISAS 1032 synthetic aperture sonars of Kongsberg maritime.

Raytheon is one of the largest defense contractors across the globe serving both, government and commercial clients. The company delivers solutions through 5 business segments, namely, missile systems; integrated defense systems; space and airborne systems; intelligence, information & services; and Forcepoint. For instance, in 2017, Raytheon received a contract worth USD 28.0 million from the US Navy to supply variable depth sonars for its littoral combat ship class.

Key questions addressed by the report

  • What is the growth perspective of the sonar system market? What are the key dynamics and trends that govern the market?
  • What are the key sustainability strategies adopted by leading players operating in the sonar system market?
  • What are the new emerging technologies and use cases disrupting the marine industry?
  • Which are the key applications, wherein synthetic aperture sonars play a significant role?
  • What are the key trends and opportunities in the sonar system market across different regions and their respective countries?
  • Who are the key players and innovators in the partnership ecosystem of the sonar system market?
  • How is the competitive landscape changing in the client ecosystem and impacting revenue shares of clients?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 20)
    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 Market Stakeholders

2 Research Methodology (Page No. - 24)
    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
           2.1.3 Market Definition & Scope
           2.1.4 By Segments and Subsegments
           2.1.5 Segment Definitions
                    2.1.5.1 Sonar System Market, By Mode of Operation
                    2.1.5.2 Sonar System Market, By Product Type
                    2.1.5.3 Sonar System Market, By Installation
                    2.1.5.4 Sonar System Market, By Solution
                    2.1.5.5 Sonar System Market, By Platform
                    2.1.5.6 Sonar System Market, By End User
                    2.1.5.7 Sonar System Market, By Application
    2.2 Research Approach & Methodology
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Regional Sonar System Market
                    2.2.1.2 General Approach for Sonar System Market
                    2.2.1.3 Sonar System Market Approach, By Product Type, Installation, Solution, Platform, End User, Application, Mode of Operation, and Region
           2.2.2 Top-Down Approach
           2.2.3 Pricing Analysis
    2.3 Triangulation & Validation
           2.3.1 Triangulation Through Secondary
           2.3.2 Triangulation Through Primaries
    2.4 Research Assumptions
           2.4.1 Market Sizing
           2.4.2 Market Forecasting
    2.5 Risks
    2.6 Others
           2.6.1 Limitations/Gray Areas
                    2.6.1.1 Pricing

3 Executive Summary (Page No. - 37)

4 Premium Insights (Page No. - 40)
    4.1 Attractive Opportunities in Sonar System Market
    4.2 Sonar System Market, By Product Type
    4.3 Sonar System Market Share and CAGR of Top 10 Countries
    4.4 Hull-Mounted Sonar Segment, By Subtype
    4.5 Sonar System Market, By Region

5 Market Overview (Page No. - 43)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increase in the Number of Sonar Programs for Anti-Submarine Warfare (ASW) Techniques
                    5.2.1.2 Rising Demand for Sonobouy for Tactical Defense Operations
                    5.2.1.3 Growing Demand for Fisheries
                    5.2.1.4 Increasing Demand for High-Resolution Imaging for Seabed Mapping
                    5.2.1.5 Advancements in Active Sonar Technologies
           5.2.2 Restraints
                    5.2.2.1 Side-Effects of Sonar on Marine Life
           5.2.3 Opportunities
                    5.2.3.1 Growing Need for Cost-Effective Sonar Systems for Anti-Submarine Warfare
                    5.2.3.2 Increase in Defense Spending
                    5.2.3.3 Increase in Demand for Unmanned Underwater Vehicles
           5.2.4 Challenges
                    5.2.4.1 Complex Training Involved in Building Anti-Submarine Warfare Capability

6 Industry Trends (Page No. - 48)
    6.1 Introduction
    6.2 Industry Trends
           6.2.1 Shift From 2D Sonar Processing to 3D Sonar Processing for Seabed Imaging and Charting
           6.2.2 Sonar for Naval Applications
           6.2.3 Introduction of AUVS, ROVS & UUVS
    6.3 Technology Trends
           6.3.1 Diver Detection Sonar Systems
           6.3.2 Synthetic Aperture Sonar
           6.3.3 Surveillance Network Sonar
           6.3.4 Twin Inverted Pulse Sonar (TWIPS)
           6.3.5 Torpedo Countermeasure System
           6.3.6 Chirp Technology
           6.3.7 Dual-Axis Sonar (DAS)
    6.4 Innovations and Patent Registrations

7 Sonar System Market, By Application (Page No. - 54)
    7.1 Introduction
    7.2 Defense
           7.2.1 Anti-Submarine Warfare
                    7.2.1.1 Increasing Focus on ASW Upgradation is Driving the Demand for Sonar System Market
           7.2.2 Port Security
                    7.2.2.1 Increasing Underwater Threats are Driving the Demand for Sonar Systems Required in Port Security
           7.2.3 Diver Detection
                    7.2.3.1 Demand for DDS Systems are Increasing in the Regions of APAC and Europe
           7.2.4 Mine Detection and Countermeasure Systems
                    7.2.4.1 Rapid Increase in Mine Capable Countries is Boosting the Demand for Mine Detection and Countermeasure Systems
           7.2.5 Search & Rescue
                    7.2.5.1 Increasing World Maritime Traffic is Affecting the Demand for Search and Rescue Operations Which is Directly Increasing the Demand for Search and Rescue Vessels
           7.2.6 Other
    7.3 Commercial
           7.3.1 Fisheries
                    7.3.1.1 Advancements in Fishing Sonar Technologies is Increasing the Demand for Fish Chirp Soanrs
           7.3.2 Hydrography
                    7.3.2.1 Increasing Oil & Gas Survey Applications in Near Future Will Boost the Demand for Hydrographic Surveys
           7.3.3 Navigation
                    7.3.3.1 Increasing Overall Ship Delivery and Retrofitting Operations Will Affect the Demand for Sonar Systems

8 Sonar System Market, By Installation (Page No. - 59)
    8.1 Introduction
    8.2 Vessel-Mounted
           8.2.1 Growing Naval and Commercial Ship Delivery Will Grow the Demand for Vessel Mounted Sonars
    8.3 Towed
           8.3.1 Increased Naval Spending and Military Ship Upgradation Programs
    8.4 Airborne
           8.4.1 Increased Spending on ASW Capabilities is Growing the Market for Sonar Systems
    8.5 Unmanned Underwater Vehicles
           8.5.1 Increasing Autonomy and Less Human Interventions are Drivers for Unmanned Vehicles
    8.6 Port
           8.6.1 Increasing Funding on Port Security By Various Countries

9 Sonar System Market, By Mode of Operation (Page No. - 63)
    9.1 Introduction
    9.2 Active
           9.2.1 Growing Commercial Ship Deliveries Globally is Driving the Demand for Active Sonar Systems
    9.3 Passive
           9.3.1 Growing Naval Vessel Procurement and Upgradation Activities is Increasing the Demand for Sonar Systems
    9.4 Dual
           9.4.1 Growth in Usage of Dual Sonars in Increasing the Market for Sonar Systems

10 Sonar System Market, By Product Type (Page No. - 66)
     10.1 Introduction
     10.2 Hull-Mounted Sonar
             10.2.1 Forward-Looking Sonar
                        10.2.1.1 Demand for Safety and Efficiency of Vessels Will Drive the Growth for Vessel Traffic Management Systems
             10.2.2 Omni-Directional Sonar
                        10.2.2.1 Installation of Sensors in Vessel Systems Will Boost Demand for Voyage Data Recorders
             10.2.3 Echosounders
                        10.2.3.1 Increasing Commercial Ship Demand Due to Increasing Maritime Trade is Expected to Increase the Demand for Echosounders
     10.3 Stern-Mounted Sonar
             10.3.1 Variable Depth Sonar
                        10.3.1.1 Increasing Focus of Countries on Their ASW Capabilities is Boosting the Demand for Variable Depth Sonars
             10.3.2 Towed Array Sonar
                        10.3.2.1 Increasing Focus on Surveillance and Reconnaissance Activities is Increasing the Demand for Towed Array Sonar Systems
     10.4 Dipping Sonar
             10.4.1 Increasing Focus of Countries on Their ASW Capabilities is Boosting the Demand for Dipping Sonars
     10.5 Sonobuoy
             10.5.1 Increasing Seriousness of Country’s Navies Against Submarine Attack Threats is Boosting the Demand for Dipping Sonars
             10.5.2 Diver Detection Sonar

11 Sonar System Market, By Solution (Page No. - 72)
     11.1 Introduction
     11.2 Hardware
             11.2.1 Increasing Demand for Ships From the Asia Pacific Region is Projected to Drive Market for Hardware
     11.3 Software
             11.3.1 Increase in Demand for Advanced Multifunctional Sonar Software is Projected to Drive the Market for Sonar Systems

12 Sonar System Market, By End User (Page No. - 75)
     12.1 Introduction
     12.2 Line Fit
             12.2.1 Increase in the Deliveries of New Ship is Expected to Drive the Demand in Linefit Segment
     12.3 Retrofit
             12.3.1 Rise in the Upgradation of Connected Systems for Older Vessels is Expected to Drive the Demand in Retrofit Segment

13 Sonar System Market, By Platform (Page No. - 78)
     13.1 Introduction
     13.2 Ship Type
             13.2.1 Commercial
                        13.2.1.1 Bulk Carrier
                                     13.2.1.1.1 Increasing Maritime Trade, Especially in Asia Pacific Region is Boosting the Demand for Bulk Carriers
                        13.2.1.2 Gas Tanker
                                     13.2.1.2.1 Increasing Demand for Oil and Gas Products Especially From Developing Economies of China and India is Increasing the Demand for Gas Tankers in the Region
                        13.2.1.3 Tanker
                                     13.2.1.3.1 Increasing Fuel Requirements By Emerging Economies of China and India is Increasing the Demand for New Tankers Which is Also Increasing the Demand for Sonar Systems
                        13.2.1.4 Passenger Cruise
                                     13.2.1.4.1 Increasing Focus on Navigation Capabilities in Shallow Water is Increasing the Demand for Sonar Systems
                        13.2.1.5 Dry Cargo
                                     13.2.1.5.1 Container
                                                    13.2.1.5.1.1 Increasing Maritime Trade Especially From Countries Like China is Increasing the Demand for Container Based Sonar Systems
                                     13.2.1.5.2 General Cargo
                                                    13.2.1.5.2.1 Upgradation in the Dry Cargos for Enhanced Navigation Requirements is Driving the Growth
                        13.2.1.6 Others
                                     13.2.1.6.1 Research Vessels
                                                    13.2.1.6.1.1 Increasing Oil & Gas Exploration Activities in South China Sea
                                     13.2.1.6.2 Dredgers
                                                    13.2.1.6.2.1 Increasing Infrastructure Development Activities is Increasing the Demand for Dredgers
                                     13.2.1.6.3 Others
             13.2.2 Defense
                        13.2.2.1 Aircraft Carriers
                                     13.2.2.1.1 Upgradation of New Components is Driving the Growth of the Market for Aircraft Carriers
                        13.2.2.2 Amphibious
                                     13.2.2.2.1 Increase in Demand for Amphibious Warfare Ships By Various Countries is Expected to Drive the Sonar System Market
                        13.2.2.3 Destroyers
                                     13.2.2.3.1 Increase in Demand for Destroyers to Help Large Vessels and Protect Them Against Small But Powerful Short-Range Attackers
                        13.2.2.4 Frigates
                                     13.2.2.4.1 Increasing Demand for Frigates is Driving the Demand for Variable Depth Sonars
                        13.2.2.5 Submarines
                                     13.2.2.5.1 Increasing Submarine Modernization Programs are Driving the Demand for Submarine-Based Sonar Systems
                        13.2.2.6 Corvettes
                                     13.2.2.6.1 Increasing Upgradation and New Vessel Procurement Activities is Driving the Demand for Sonar System Market
                        13.2.2.7 Offshore Patrol Vessels
                                                    13.2.2.7.1.1 Increasing Coastal Security Concerns is Increasing the Demand for OPV’s
                                     13.2.2.7.2 Diver Detection System
                                                    13.2.2.7.2.1 Increasing Territorial Conflicts are Expected to Drive the Demand for DDS Systems
                                     13.2.2.7.3 Others
     13.3 Airborne
             13.3.1 Sonobuoys
                        13.3.1.1 Early Detection of Enemy Submarines for the Prevention of Potential Attacks and Loss of Resources Driving Demand for Sonobuoys
             13.3.2 Dipping Sonars
                        13.3.2.1 Advantages Over Hull Based Sonars are Projected to Drive the Demand for Dipping Sonars in Anti-Submarine Warfare Systems(ASWs)

14 Sonar System Market, By Region (Page No. - 87)
     14.1 Introduction
     14.2 North America
             14.2.1 US
                        14.2.1.1 Increase in Naval Shipbuilding in the Country is Driving the Growth of the Market
             14.2.2 Canada
                        14.2.2.1 Canada’s Development of Its Own Indigenous Marine Industry to Drive Market Growth
     14.3 Europe
             14.3.1 UK
                        14.3.1.1 Increasing Investment in the Upgradation of Marine Systems is Expected to Drive the Sonar System Market in the UK
             14.3.2 France
                        14.3.2.1 Increasing Requirement of Naval Vessels is Expected to Drive the Market for Sonar System in France
             14.3.3 Germany
                        14.3.3.1 Upgradation of Ship Equipment Will Boost the Demand for Sonar System Market in Germany
             14.3.4 Russia
                        14.3.4.1 Introduction of Advanced Threat Detection and Identification Technologies in Naval Ships Will Boost the Demand for Sonar Systems in Russia
             14.3.5 Italy
                        14.3.5.1 Retrofitting of Autonomous Ship Technologies in Vessels is Driving the Growth of the Sonar System Market in Italy
             14.3.6 Rest of Europe
     14.4 Asia Pacific
             14.4.1 China
                        14.4.1.1 Increase in Naval Spending and Rise in Domestic Ship Production are Expected to Drive the Sonar System Market in China
             14.4.2 India
                        14.4.2.1 Upgradation of Old Ships With New Systems is Expected to Drive the Sonar Systems Market in India
             14.4.3 Japan
                        14.4.3.1 Increasing Delivery of Commercial Ships is Driving the Growth of the Sonar System Market in Japan
             14.4.4 South Korea
                        14.4.4.1 Integration of Automation to Ship Systems By Various Shipbuilding Players to Drive Growth for Sonar Systems in South Korea
             14.4.5 Rest of Asia Pacific
             14.4.6 Middle East
                        14.4.6.1 Development of National Shipbuilding Companies Have Provided Momentum to the Shipbuilding Industry in the Middle East
             14.4.7 Latin America
                        14.4.7.1 Rise in Maritime Trade and Ship Overhauling is Driving the Demand for Ships in Latin America

15 Competitive Landscape (Page No. - 116)
     15.1 Introduction
     15.2 Competitive Scenario
             15.2.1 Introduction
             15.2.2 Visionary Leaders
             15.2.3 Innovators
             15.2.4 Dynamic Differentiators
             15.2.5 Emerging Companies
     15.3 Ranking Analysis
     15.4 Competitive Situation and Trends
             15.4.1 Recent Developments, January 2015–November 2018
     15.5 Competitive Benchmarking
             15.5.1 Strength of Product Portfolio
             15.5.2 Business Strategy Excellence

16 Company Profiles (Page No. - 123)
(Business Overview, Strength of Product Portfolio, Business Strategy Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     16.1 Raytheon
     16.2 Lockheed Martin
     16.3 Thales
     16.4 Kongsberg Gruppen
     16.5 Ultra Electronics
     16.6 L3
     16.7 Teledyne
     16.8 Sonardyne
     16.9 Atlas Elektronik
     16.10 Furuno
     16.11 Navico
     16.12 Japan Radio (JRC) Co., Ltd.
     16.13 Aselsan
     16.14 Dsit
     16.15 Edgetech

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

17 Appendix (Page No. - 177)
     17.1 Discussion Guide
     17.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     17.3 Available Customizations
     17.4 Related Reports
     17.5 Author Details


List of Tables (68 Tables)

Table 1 Types of Sonar Processing
Table 2 Companies and Their Sonar Data Acquisition & Processing Software
Table 3 Passive Sonar Products
Table 4 Important Innovations and Patent Registrations, 2012-2017
Table 5 Defense Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 6 Commercial Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 7 Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 8 Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 9 Sonar System Market Size, By Product Type, 2016–2023 (USD Million)
Table 10 Hull-Mounted Sonar Market Size, By Type, 2016–2023 (USD Million)
Table 11 Stern-Mounted Sonar Market Size, By Type, 2016–2023 (USD Million)
Table 12 Dipping Sonar Market Size, By Region, 2016–2023 (USD Million)
Table 13 Sonar System Market Size, By Solution, 2016–2023 (USD Million)
Table 14 Sonar System Market Size, By End User, 2016–2023 (USD Million)
Table 15 Sonar System Market Size, By Ship Type, 2016-2023 (USD Million)
Table 16 Sonar System Market Size for Commercial, By Ship Type, 2018-2023 (USD Million)
Table 17 Sonar System Market Size for Dry Cargo Ship, By Ship Type, 2018-2023 (USD Million)
Table 18 Sonar System Market Size for Others, By Ship Type, 2018-2023 (USD Million)
Table 19 Sonar System Market Size for Defense, By Ship Type, 2016-2023 (USD Million)
Table 20 Sonar System Market Size, By Region, 2016–2023 (USD Million)
Table 21 North America: Sonar System Market Size, By Product Type, 2016–2023 (USD Million)
Table 22 North America: Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 23 North America: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 24 North America: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 25 North America: Sonar System Market Size, By Country, 2016–2023 (USD Million)
Table 26 US: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 27 US: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 28 Canada: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 29 Canada: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 30 Europe: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 31 Europe: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 32 Europe: Sonar System Market Size, By Country, 2016–2023 (USD Million)
Table 33 UK: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 34 UK: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 35 France: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 36 France: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 37 Germany: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 38 Germany: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 39 Russia: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 40 Russia: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 41 Italy: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 42 Italy: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 43 Rest of Europe: Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 44 Rest of Europe: Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 45 Asia Pacific Sonar System Market Size, By Product Type, 2016–2023 (USD Million)
Table 46 Asia Pacific Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 47 Asia Pacific Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 48 Asia Pacific Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 49 Asia Pacific Sonar System Market Size, By Country, 2016–2023 (USD Million)
Table 50 China Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 51 China Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 52 India Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 53 India Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 54 Japan Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 55 Japan Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 56 South Korea Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 57 South Korea Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 58 Rest of Asia Pacific Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 59 Rest of Asia Pacific Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 60 Rest of the World Sonar System Market Size, By Product Type, 2016–2023 (USD Million)
Table 61 Rest of the World Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 62 Rest of the World Sonar System Market Size, By Mode of Operation, 2016–2023 (USD Million)
Table 63 Rest of the World Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 64 Rest of the World Sonar System Market Size, By Region, 2016–2023 (USD Million)
Table 65 Middle East Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 66 Middle East & Africa Sonar System Market Size, By Application, 2016–2023 (USD Million)
Table 67 Latin America Sonar System Market Size, By Installation, 2016–2023 (USD Million)
Table 68 Latin America Sonar System Market Size, By Application, 2016–2023 (USD Million)


List of Figures (44 Figures)

Figure 1 Sonar System Market Segmentation
Figure 2 Report Flow
Figure 3 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 Assumptions for the Research Study
Figure 9 Regional Analysis: Global Sonar System Market
Figure 10 Hull Mounted Sonar Segment By Product Type Projected to Be Largest Market During Forecast Period
Figure 11 Active Sonar Projected to Be Largest Segment By Mode of Operation During Forecast Period
Figure 12 Increasing Adoption By Naval Forces to Enhance Anti-Submarine Warfare Capabilities Fuels Market Growth
Figure 13 Hull-Mounted Sonar Segment to Lead the Market From 2018 to 2023
Figure 14 China Estimated to Account for the Largest Market Share in 2018
Figure 15 Echosounders to Lead the Hull-Mounted Sonar Segment From 2018 to 2023
Figure 16 Sonar System Market, By Region (2018 & 2023)
Figure 17 Sonar System Market: Drivers, Restraints, Opportunities & Challenges
Figure 18 Evolution of Sonar Systems
Figure 19 Industry Trends in Sonar System Market
Figure 20 Technology Trends in Sonar System Market
Figure 21 Sonar System Market, By Application, 2018 & 2023
Figure 22 Based on Installation, the Vessel Mount Segment is Projected to Lead the Market During the Forecast Period
Figure 23 Active Mode Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Hull-Mounted Sonar Segment Projected to Lead the Sonar System Market During the Forecast Period
Figure 25 Hardware Segment to Lead Sonar System Market From 2018 to 2023
Figure 26 Sonar System Market, By End User, 2018 & 2023
Figure 27 Defense Segment to Lead Sonar System Market During Forecast Period
Figure 28 Norway is Expected to Be the Fastest-Growing Market for Sonar Systems From 2018 to 2023
Figure 29 North America Sonar System Market Snapshot
Figure 30 Europe Sonar System Market Snapshot
Figure 31 Asia Pacific Sonar System Market Snapshot
Figure 32 Companies Adopted Contracts as Key Growth Strategy From January 2015 to November 2018
Figure 33 Revenue and Product-Based Ranking Analysis of Top Players in Sonar System Market in 2018
Figure 34 Competitive Leadership Mapping of Sonar System Market in 2018
Figure 35 Raytheon: Company Snapshot
Figure 36 Lockheed Martin: Company Snapshot
Figure 37 Thales: Company Snapshot
Figure 38 Kongsberg Gruppen: Company Snapshot
Figure 39 Ultra Electronics: Company Snapshot
Figure 40 L3: Company Snapshot
Figure 41 Teledyne: Company Snapshot
Figure 42 Furuno: Company Snapshot
Figure 43 JRC: Company Snapshot
Figure 44 Aselsan: Company Snapshot

Exhaustive secondary research was undertaken to obtain information on the sonar system market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing by industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the market. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of different segments and subsegments of the market.

Secondary Research

In the secondary research process, sources such as Hoovers, Bloomberg, and BusinessWeek were referred to so as to identify and collect information for this study on the sonar system market. These sources also included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and databases related to sonar systems.

Primary Research

The sonar system market comprises stakeholders such as Original Equipment Manufacturers (OEMs) of sonar systems, suppliers of electronic systems used in ships, marine navigation software/hardware/services and solution providers, ship operators, defense agencies, defense OEMs, and regulatory authorities in the supply chain of sonar systems. The supply side was characterized by advancements in technologies related to sonar systems and development of different types of sonar systems for different ships and related software. Various primary sources from both, supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.

Sonar System Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the sonar system market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size in terms of value were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes explained above, the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, demand and supply sides in the sonar system industry.

Objectives of the Report

  • To define, describe, and forecast the sonar system market based on mode of operation, product type, installation, application, solution, platform, end user, and region
  • To forecast the size of different segments of the market with respect to 4 major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective key countries
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the sonar system market
  • To identify industry trends and technology trends currently prevailing in the sonar system market
  • To analyze micromarkets with respect to their individual growth trends, prospects, and contribution to the overall market
  • To profile companies operating in the sonar system market based on their product portfolios, market shares, and key growth strategies
  • To analyze the degree of competition in the market by identifying and analyzing various parameters of leading players such as their financial positions, product portfolios, and key developments and ranking them based on these parameters
  • To track and analyze competitive developments such as contracts, new product developments, joint ventures/expansions, and partnerships/acquisitions undertaken by the key market players
  • To identify detailed financial positions, key products, and key developments of leading companies in the sonar system market
  • To strategically profile key players and comprehensively analyze their market shares and core competencies in the sonar system market

Scope of the Report

Report Metric

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value (USD Million)

Segments covered

By Mode of Operation, Product Type, Installation, Solution, Application, Platform, and End User

Geographies covered

North America, Asia Pacific, Europe, and Rest of the World (RoW)

Companies covered

Raytheon (US), Lockheed Martin (US), Thales (France), Kongsberg Gruppen (Norway), Ultra Electronics (UK), L3 (US), Teledyne (US), Sonardyne (UK), Atlas Elektronik (Germany), Furuno (Japan), Navico (Norway), Japan Radio (JRC) Co. Ltd. (Japan), DSIT (Israel), EdgeTech (US), and Aselsan (Turkey)

This research report categorizes the sonar system market as follows:

On the basis of platform, the sonar system market has been segmented as follows:

  • Ship Type
    • Commercial
      • Passenger & Cruise
      • Bulk Carrier
      • Dry Cargo
        • Container
        • General Cargo
      • Tanker
      • Gas Tanker
      • Commercial Unmanned Underwater Vehicle (UUV)
      • Others
        • Research Vessels
        • Dredgers
        • Others (Offshore Supply Vessels (PSV), Other Offshore Vessels, Fishing Vessels, Tugboats, and Offshore Barges)
    • Defense
      • Frigates
      • Corvettes
      • Destroyers
      • Offshore Patrol Vessels
      • Aircraft Carriers
      • Amphibious Ships
      • Submarines
      • Diver Detection Systems
      • Others (Minesweepers, Missile Carrying Boats, Supply Boats, and Oil Boats)
  • Airborne
    • Sonobuoy
    • Dipping Sonars

On the basis of mode of operation, the sonar system market has been segmented as follows:

  • Active
  • Passive
  • Dual

On the basis of end user, the sonar system market has been segmented as follows:

  • Line Fit
  • Retrofit

On the basis of product type, the sonar system market has been segmented as follows:

  • Hull Mounted Sonars
  • Stern Mounted Sonars
  • Dipping Sonars
  • Sonobuoy
  • Diver Detection Systems
  • Unmanned Underwater Vehicle (UUV) Sonars

On the basis of installation, the sonar system market has been segmented as follows:

  • Vessel-mounted
  • Towed
  • Airborne
  • Port
  • Unmanned Underwater Vehicles (UUVs)

On the basis of application, the sonar system market has been segmented as follows:

  • Defense
    • Anti-submarine Warfare
    • Mine Detection & Countermeasure
    • Diver Detection
    • Port Security
    • Search & Rescue
    • Others
  • Commercial
    • Navigation
    • Hydrography
    • Fishing

On the basis of solution, the sonar system market has been segmented as follows:

  • Hardware
  • Software

On the basis of region, the sonar system market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)
Report Code
AS 3041
Published ON
Feb, 2019
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Marie Steelle

Senior Research analyst- MarketsandMarkets

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