Sonar System Market (By Installation: Vessel Mounted, Hand-Held and Pole Mounted, Towed, Airborne, UUV, Other Installations; By Mode of Operation: Commercial Active, Military Passive, and Military Dual Mode; By Product Type: General-Purpose Hull Mounted Sonar, Stern Mounted Sonar, Seabed Imaging and Information Sonar, Dipping Sonar, and Other Sonar; By Operating Frequency: High, Medium, and Low; By Application: Defense, and Commercial; By Geography: North America, Europe, Asia-Pacific and Row) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

Published by MRO | On Aug-2018 | Pages : 100 | Report ID : 649198

Sonar System Market Overview :

Global Sonar System market is estimated to reach $4.8 Billion by 2025; growing at a CAGR of 4.0% from 2017 to 2025. A Sonar system is used to send sound waves to locate objects under the surface of the water. SONAR stands for Sound Navigation and Ranging. It is helpful for exploring and mapping the ocean because sound waves travel farther in the water than do radar and light waves. The primary factors to drive the growth of the global sonar system market are increasing demand of sonar systems in advanced defense forces, growing adoption in the anti-submarine warfare methods, and rising application of these systems in the fishery industry. However, adverse effects of sonar system in marine life is the major restraint for the market. Moreover, augmented implementation of UAVs for military and commercial applications and rising demand for high-resolution imaging for seabed mapping is also expected to further boost the market creating immense opportunities for the global sonar system market.

The global sonar system market is classified on the basis of installation, mode of operation, product type, operating frequency, application, and geography. The installation segment is sub-segmented into vessel mounted, hand-held and pole mounted, towed, airborne, unmanned underwater vehicles (UUV), other installations. Commercial active, military passive, and military dual mode are the segregations of the mode of operation segment. On the basis of product type the segmentations includes general-purpose hull mounted sonar, stern mounted sonar, seabed imaging and information sonar, dipping sonar, and other sonars. High, medium, and low are the operating frequencies covered in the market. Furthermore, defense, and commercial are the segments of application.

On the basis of geography, global sonar system market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

The key players operating in the market include General Dynamics Corporation, Raytheon Company, Neptune SONAR, Ultra Electronics, Kongsberg Maritime, Thales Underwater Systems Ltd., Lockheed Martin Corporation, Harris Corporation, L-3 Klein Associates, and Teledyne RESON among others

The key takeaways from the report

  1. The report will provide detailed analysis of Global Sonar System Market with respect to major segments such as installation, mode of operation, product type, operating frequency, application and geography
  2. The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
  3. Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
  4. An exhaustive regional analysis of Global Sonar System Market has been included in the report
  5. Profile of the key players in the Global Sonar System Market will be provided, which include key financials, product & services, new developments and business strategies

Scope of the Global Sonar System Market

Installation Segments

  1. Vessel Mounted
  2. Hand-Held and Pole Mounted
  3. Towed
  4. Airborne
  5. Unmanned Underwater Vehicle (UUV)
  6. Other Installations

Mode of Operation Segments

  1. Commercial Active
  2. Military Passive
  3. Military Dual Mode

Product Type Segments

  1. General-Purpose Hull Mounted Sonar
  2. Stern Mounted Sonar
  3. Seabed Imaging and Information Sonar
  4. Dipping Sonar
  5. Other Sonar

Operating Frequency Segments

  1. High
  2. Medium
  3. Low

Application Segments

  1. Defense
  2. Commercial

Geographical Segments

  1. North America
    1. U.S.
    2. Canada
    3. Mexico
  2. Europe
    1. UK
    2. Germany
    3. France
    4. Italy
    5. Rest of Europe
  3. Asia-Pacific
    1. India
    2. China
    3. Japan
    4. South Korea
    5. Rest of Asia-Pacific
  4. RoW
    1. South America
    2. Middle East
    3. Africa