The World Market for Sonar Systems 2019-2023: Analyzed by Product Type, Application, Platform, End-user, Solution and Region - ResearchAndMarkets.com

The "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 has been added to ResearchAndMarkets.com's
offering.

The sonar system market is estimated to be USD 2,648.2 million in 2018
and is projected to reach USD 3,711 million by 2023, at a CAGR of 6.98%
from 2018 to 2023. This report segments the sonar system market on the
basis of product type, solution, platform, installation, mode of
operation, application, end user, and region. It also contains revenue
forecasts and technological trends predominant in this market.

The growth of this market can be attributed to the rise in maritime
trade, developments in the offshore energy sector, and fisheries. The
commercial sonar market in fisheries is experiencing high growth to
locate fish breeding ocean waters as excessive fishing has resulted in
lower catches. The hydrographic sonar industry is growing due to the
increasing oil & gas exploration and dredging activities. The military
sonar market is driven by new ship orders and upgradation.

Ships such as destroyers and frigates are installed with hull-mounted
and towed array sonars. Submarine platforms installed are intercept
array, cylindrical array, flank array, and towed array sonar.
Mine-hunting ships are installed with high-end systems, such as
Synthetic Aperture Sonar (SAS) and others. Increasing threats to ports
from unidentified divers have led to an increase in the utilization of
diver detection sonars for surveillance and threat detection in waters
surrounding ports.

By product type, sonar systems are segmented into hull-mounted sonars,
stern mounted sonars, dipping sonars, sonobuoy, unmanned underwater
vehicle sonars, and diver detection systems. Hull-mounted sonars are
used for navigation and detection of threats from enemy ships.
Stern-mounted sonars are military sonar comprising variable depth sonars
and towed array sonars. These help in the detection of enemy ships
approaching from the stern side. Dipping sonars are used on helicopter
platforms. Mode of operation takes into account active, passive, and
dual sonars. Due to technological advancements, military sonars are now
commercially available in the dual mode (active as well as passive).
Passive sonars are preferred for usage in submarines as they provide
stealth capabilities required for the purpose of gathering intelligence.

By region, the report covers 4 regions, North America, Europe, Asia
Pacific, and Rest of the World. Asia-Pacific is projected to be the
leading market for sonar systems during the forecast period and is
estimated to account for the highest share for 2018 and Europe is
projected to be the second largest market. The rise in military orders
and the growth of the fishing industry are the key drivers for the
growth of the Asia Pacific market.

Major players in the defense sonar system market include Thales
Underwater Systems Ltd. (UK), ATLAS ELEKTRONIK GmbH (Germany), Raytheon
Company (US), Lockheed Martin (US), L-3 Technologies Inc. (US) and Ultra
Electronics (UK). Major players in the hydrographic sonar market include
Kongsberg Gruppen ASA (Norway), Teledyne Technologies Inc. (US), and
Sonardyne (UK). Navigation and fisheries sonars are provided by Furuno
Electric Co., Ltd. (Japan), Japan Radio Company (Japan), Navico
(Norway), and FLIR Systems (US). The report covers various industry
trends and new technological innovations in the sonar system market for
the period, 2016-2023.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
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
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
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
7.1
Introduction
7.2 Defense
7.3 Commercial

8 Sonar System Market, By Installation
8.1
Introduction
8.2 Vessel-Mounted
8.3 Towed
8.4 Airborne
8.5
Unmanned Underwater Vehicles
8.6 Port

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

10 Sonar System Market, By Product Type
10.1
Introduction
10.2 Hull-Mounted Sonar
10.3 Stern-Mounted Sonar
10.4
Dipping Sonar
10.5 Sonobuoy

11 Sonar System Market, By Solution
11.1
Introduction
11.2 Hardware
11.3 Software

12 Sonar System Market, By End User
12.1
Introduction
12.2 Line Fit
12.3 Retrofit

13 Sonar System Market, By Platform
13.1
Introduction
13.2 Ship Type
13.3 Airborne

14 Sonar System Market, By Region
14.1 Introduction
14.2
North America
14.3 Europe
14.4 Asia-Pacific

15 Competitive Landscape
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 & 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
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

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