Global SONAR System Market Overview
SONAR stands for Sound Navigation and Ranging. This technique is used to detect an object on or under the surface of the water. It can be used for a variety of applications such as military, commercial, scientific, underwater mines, fisheries, hydrography, anti-submarine warfare, and threat detection. SONAR systems are also used to measure robot navigation and SODAR for atmospheric investigations. SONAR system uses acoustic frequencies, which ranges from very low to extremely high. Side scan and multi-beam SONARs is the leading technology, which helps in detailed mapping and imaging of the seabed. SONAR Systems market accounted for US$ 2.83 billion in 2019 and is estimated to be US$ 5.5 billion by 2029 and is anticipated to register a CAGR of 7.0%.
Impact of COVID19 Pandemic on Market
At the starting of 2020, COVID-19 disease began to spread around the world; many more peoples are infected with COVID-19 disease, and major countries around the world send the orders to companies for employee prohibition and work stoppage. Every organization is prepared for the loss by this pandemic. Hence the SONAR system also affected by the COVID-19 lockdown scenario, as it ultimately links to distribution, manufacturers, market size, marketing channels, and market factors. This report will quantify the impact of this pandemic on the SONAR system market.
Global SONAR System Market Dynamics
Government and major companies are heavily investing in this new technology which may give rise to the global SONAR systems and technology market growth. Constant innovation in the synthetic aperture SONARs in order to enhance the resolution quality for complementary applications and accomplishment of the various contracts is anticipated to drive the market. Some of the major factors that are influencing the global market are enhancements in the anti-submarine warfare techniques, advancements in digital signal processing which has enhanced the underwater SONAR signal processing and communication, rising demand for sonobuoy in tactical defense operations, and advancements in active and passive SONAR technologies. Increasing investment in the research, use of unmanned underwater vehicles (UUVs), and procurement in the last few years has significantly enhanced the market. UUVs have become platforms for many commercial and military applications, which include reconnaissance and mine countermeasures. This is anticipated to spur the global SONAR systems and technology market in the coming years.
However, the side effects in marine life due to the use of SONAR are a significant challenge in the market.
Global SONAR System Market Segmentation
SONAR system market is segmented based on component, acoustic frequency, application, system type and region. Based on components, the market is segmented into receiver, transmitter, hydrophone, beam forming processor and others. In 2018, the beam forming processor segment dominated the market and this segment is anticipated to be dominant in the coming years. Increase in the demand for multi beam sonar systems market and advancement in passive and active sonar and sensor technologies are some of the key factor boosting the demand of SONAR system market for the forecast period. On the basis of acoustic frequency, the market is segmented into infrasonic SONARs and ultrasonic SONARs. The ultrasonic SONARs segment dominated the market in the coming years. Enhancement of the technology is one of the key factors driving the ultrasonic SONARs segment.
Depending upon application, the market is segmented into military, commercial and scientific applications. The military segment dominated the market due to increase in the demand for SONAR systems in tactical defense operations is one of the key factor fueling the demand of the military segment during the forecast period. Based on system type, the market is segmented into single beam scanning SONAR systems, multi beam SONAR systems, synthetic aperture SONAR systems and others. The multi beam SONAR systems segment dominated the market. Increase in the demand for multi beam SONAR systems segment in several applications such as weapons and submarine among others.
Regional Insights:
According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading player in terms of shipment. Europe is following the same trend; growing focus on improving the safety of marine transportation is anticipating fueling the global market growth in Europe. Rising investments in UUVs and anti-submarine warfare (ASW) systems is projected to propel the market growth in the Latin American region.
Detail Segmentation:
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Attribute |
Details |
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The base year for estimation |
2019 |
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Forecast Period |
2019 - 2029 |
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Market Representation |
Revenue in USD Million & CAGR from 2019-2029 |
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Market Segmentation |
By Component - Receiver, Transmitter, Hydrophone, Beam Forming Processor, and Others By Acoustic Frequency - Infrasonic SONARs, and Ultrasonic SONARs By Application - Military, Commercial, and Scientific By Service Type - Single Beam Scanning SONAR Systems, Multi Beam SONAR Systems, Synthetic Aperture SONAR Systems and Others By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Regional Scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered in the report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the SONAR systems market report based on component, acoustic frequency, application, service type and region.
SONAR System Market, By Component
- Receiver
- Transmitter
- Hydrophone
- Beam Forming Processor
- Others
SONAR System Market, By Acoustic Frequency
- Infrasonic SONARs
- Ultrasonic SONARs
SONAR System Market, By Application
- Military
- Commercial
- Scientific
SONAR System Market, By Service type
- Single Beam Scanning SONAR Systems
- Multi Beam SONAR Systems
- Synthetic Aperture SONAR Systems
- Others
SONAR System Market, By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global SONAR System Market Key Players
Major prominent players in the SONAR systems and technology market include Northrop Grumman, Teledyne Reson, Ultra Electronics, Kongsberg Mesotech, Lockheed Martin, Atlas Elecktronik, Raytheon, Thales Group, R-2 Sonic, and Edge Tech. These players have adopted the key strategies of contracts and new product developments to strengthen their position in the sonar system market.
Global SONAR System Market Company Profile
- Northrop Grumman
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Teledyne Reson
- Ultra Electronics
- Kongsberg Mesotech
- Lockheed Martin
- Atlas Elecktronik
- Raytheon
- Thales Group
- R-2 Sonic
- Edge Tech
Global SONAR System Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for SONAR Systems Strategies
- Key Questions this Study will Answer
- Market Snippet, By Component
- Market Snippet, By Acoustic Frequency
- Market Snippet, By Application
- Market Snippet, By Service Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Component, 2019 – 2029, (US$ Mn)
- Receiver
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Transmitter
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Hydrophone
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Beam Forming Processor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Receiver
- Market Segmentation, By Acoustic Frequency, 2019 – 2029, (US$ Mn)
- Infrasonic SONARs
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Ultrasonic SONARs
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Infrasonic SONARs
- Market Segmentation, By Application, 2019 – 2029, (US$ Mn)
- Military
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Commercial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Scientific
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Military
- Market Segmentation, By Service Type, 2019 – 2029, (US$ Mn)
- Single Beam Scanning SONAR Systems
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Multi Beam SONAR Systems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Synthetic Aperture SONAR Systems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Single Beam Scanning SONAR Systems
- Global Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Acoustic Frequency, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Service Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Acoustic Frequency, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Service Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Acoustic Frequency, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Service Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Acoustic Frequency, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Service Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Acoustic Frequency, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Service Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Northrop Grumman
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Teledyne Reson
- Ultra Electronics
- Kongsberg Mesotech
- Lockheed Martin
- Atlas Elecktronik
- Raytheon
- Thales Group
- R-2 Sonic
- Edge Tech
- Northrop Grumman
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- The Last Word
- Future Impact
- About Us
- Contact
Global SONAR System Market Highlights
FAQs
The SONAR System Market is segmented into Component, Acoustic Frequency, Application, Service Type and Region.
Growing maritime security concerns, advancements in underwater surveillance technology, increasing offshore activities, and the need for efficient marine navigation and detection.
High costs of advanced SONAR systems, environmental concerns related to underwater noise pollution, potential interference from marine life, and limitations in certain underwater environments.
North America, Europe, Asia-Pacific, Latin America. North America is expected to dominate due to a strong naval presence and technological advancements, particularly in the United States. Europe and Asia-Pacific are also significant markets.
The key players operating the target market includes Northrop Grumman, Teledyne Reson, Ultra Electronics, Kongsberg Mesotech, Lockheed Martin, Atlas Elecktronik, Raytheon, Thales Group, R-2 Sonic, and Edge Tech.