Sonar System Market Share, Size, Analysis, Growth, Industry Statistics and Forecast 2030

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Sonar System Market size was valued at USD 3.19 Billion in 2022 and is projected to reach USD 6.12 Billion by 2030, growing at a CAGR of 7.23%.

 Sonar refers to the navigation and ranging technique, where sound waves are used for obstacle detection and navigation.

This technique is generally used in the marine circle for the reason that the sound waves travel farther than the light and radar.

It is useful for communicating, exploring, and mapping oceans. In addition to this, it also has various applications in the commercial and military sectors.

There are two types of sonar systems used depending on the application: Active Sonar and Passive Sonar.

They are widely used in applications such as fish finding, seafloor imaging, seafloor mapping, finding submarines, underwater navigation and so on.

The increasing naval feet of the armed forces due to the procurement of new ships and submarines and the upgrade programs for the existing naval vessels are driving the growth of the Sonar System.

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Market. In addition, the growth of the market is also attributed to the rise in maritime trade, increasing oil and gas exploration, dredging, and fishing operations.

The countries that are dependent on basic fish finders are expected to generate a high demand for advanced sonar devices during the forecast period.

Technological advancements may lead countries across the world to procure advanced sonar systems for their naval fleet, and this is expected to propel the growth of the market studied in the near future.

Key Trends: Growth Determinants and Challenges

  • Stable Growth in the Deliveries of Military Vessels

The stable growth in the deliveries of military vessel will drive the market for sonar systems. Military vessels use few of the most advanced sonar systems for achieving the precision of the highest level. In military vessels, Sonar systems are used for several applications like mine detection, seabed terrain investigation, anti-submarine warfare, diver detection, port security etc. Different type of ships uses different sonar for different applications for example, submarines use passive sonar for moving in the enemy waters undetected, whereas vessels like frigates, corvettes use multi-static sonar for enemy detection.

  • Shift from 2D sonar processing to 3D sonar processing for seabed imaging and charting

Anti-submarine warfare involves the use of various sensors and weapon technologies. Thorough training is required for personnel using these technologies to attain the required technical expertise. A typical ASW technique involves detecting, followed by classifying, locating, and tracking the target submarine, for which end users undergo a rigorous and complex training to fully comprehend the functioning of these systems.

Competitive Landscape:

  • Lockheed Martin
  • L3Harris
  • Thales Group
  • Kongsberg Maritime
  • Northrop Grumman Corporation

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Segmental Analysis of Global Sonar System Market:

By Application

  • Anti-submarine Warfare
  • Port Security
  • Mine Detection Countermeasure Systems
  • Search Rescue
  • Navigation
  • Diver Detection
  • Seabed Terrain Investigation
  • Scientific
  • Others

By Platform

  • Commercial Vessels
  • Defence Vessels
  • Unmanned Underwater Vehicles (UUVs)
  • Aircrafts
  • Ports

By Product

  • Hull-mounted Sonar
  • Stern-mounted Sonar
  • Dipping Sonar
  • Sonobuoy

Sonar buoys (sonobuoys)” are made to drop from the aircraft into the water or dip. It uses transducer and radio transmitter to detect, record and convey underwater echoes. The use of sonobuoys for wide-ranging area zone multi static surveillance transforms the field of aerial SONAR, providing a substantial surge in capability. Aircraft can drop sonobuoys from the altitude of 30,000 feet.

By Installation

  • Fixed
  • Deployable

 

Based on Region

North America (US, Canada), Europe (UK, France, Spain, Italy, Germany), Asia-pacific (India, China, Japan, South Korea, Australia), Latin America (Mexico, Brazil), Middle East and Africa (UAE, Saudi Arabia, South Africa)

The Asia Pacific market is projected to contribute the largest share in the market. Asia Pacific is estimated to account for the largest share of 39.0% of the market. The market in Europe is projected to reach USD 2602.7 million by 2026, growing at a CAGR 2.7% during the forecast period.

Major developments:

o          In May 2021, the new Echoscope PIPE Real-Time XYZ series sonar has been developed specifically for OEM and system integrators to allow simple integration of our unique real-time volumetric imaging sonars. The PIPE Real-Time XYZ series sonar generates this XYZ data in real-time as part of the beamforming image process output.

 

o          In October 2020, The WINGHEAD dual-head configuration offers multiple advantages for bathymetric surveys. The user can benefit from 2,048 true soundings, 1024 for each of the NORBIT WINGHEAD multibeam, echosounders and use each one differently, either to extend the visible sector or to increase the along-track sounding density.

Frequently Asked Questions

  • What ae the major growth factors, trends and challenges in the Global Sonar System Market?
  • Which region accounts for the largest revenue in the Global Sonar System Market?
  • Which leading companies are contributing in the growth of Global Sonar System Market?


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