MarkNtel Advisors – Leading Market Research Company found Global Sonar System Market is expected to reach 6.9% CAGR Growth By 2028.

This report provides a comprehensive analysis of the Global Sonar System Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the Sonar System Market

Base Year: 2022

Forecast Years: 2023-2028

Historical Years: 2018-2021

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Scope of the Sonar System Market Report:

The Global Sonar System Market size was valued at USD 1.5 billion in 2022 and is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2023-28. The market's growth is driven primarily by the rapidly soaring defense budgets for building warships & deploying nuclear submarines as a part of military strategies because of the rising number of terrorist acts worldwide.

Moreover, the growing utilization of sonars in preventive defense processes & Anti-Submarine Warfare (ASW), leading to the increasing development of advanced systems like Synthetic Aperture Sonar (SAS) that generate high-resolution images, is also driving the global market.

Which prominent factor is expected to drive the Sonar System Market during 2023-28?

The Rising Demand for Advanced Sonar Systems in Defense & Maritime Security: With the increasing implication of maritime security, nations are heavily investing in avant-garde Sonar systems to enhance their defense capabilities and safeguard their coastlines, as these systems facilitate crucial underwater surveillance capabilities, detect and track submarines, underwater mines, and other potential threats in both shallow and deep waters. Such massive investments stemmed from the rising number of terrorist acts worldwide, requiring a robust and advanced defense infrastructure to counter these threats effectively. Thus, the need for accurate and real-time underwater situational awareness has become vital, driving the demand for advanced Sonar and, subsequently, market expansion.

What are the different Segment Available in the Sonar System Market?

By Application

• Defense- Market Size & Forecast 2018-2028, (USD Million)
  • Port Security- Market Size & Forecast 2018-2028, (USD Million)
  • Diver Detection- Market Size & Forecast 2018-2028, (USD Million)
  • Mine Detection & Countermeasure Systems- Market Size & Forecast 2018-2028, (USD Million)
  • Search & Rescue- Market Size & Forecast 2018-2028, (USD Million)
• Commercial- Market Size & Forecast 2018-2028, (USD Million)
  • Fisheries- Market Size & Forecast 2018-2028, (USD Million)
  • Hydrography- Market Size & Forecast 2018-2028, (USD Million)
  • Navigation- Market Size & Forecast 2018-2028, (USD Million)

By Product Type

• Hull Mounted Sonar- Market Size & Forecast 2018-2028, (USD Million)
  • Forward Looking Sonar- Market Size & Forecast 2018-2028, (USD Million)
  • Omni-Directional Sonar- Market Size & Forecast 2018-2028, (USD Million)
  • Echosounders- Market Size & Forecast 2018-2028, (USD Million)
• Stern-Mounted Sonar- Market Size & Forecast 2018-2028, (USD Million)
  • Variable Depth- Market Size & Forecast 2018-2028, (USD Million)
  • Towed Array- Market Size & Forecast 2018-2028, (USD Million)
  • Dipping Sonar- Market Size & Forecast 2018-2028, (USD Million)
  • Sonobuoy- Market Size & Forecast 2018-2028, (USD Million)

By Solution

• Hardware- Market Size & Forecast 2018-2028, (USD Million)
• Software- Market Size & Forecast 2018-2028, (USD Million)

By End User

• Line Fit- Market Size & Forecast 2018-2028, (USD Million)
• Retrofit- Market Size & Forecast 2018-2028, (USD Million)

By Installation

• Vessel Mounted- Market Size & Forecast 2018-2028, (USD Million)
• Towed- Market Size & Forecast 2018-2028, (USD Million)
• Airborne- Market Size & Forecast 2018-2028, (USD Million)
• Unmanned Underwater Vehicles- Market Size & Forecast 2018-2028, (USD Million)
• Port- Market Size & Forecast 2018-2028, (USD Million)

By Mode of Operation

• Active- Market Size & Forecast 2018-2028, (USD Million)
• Passive- Market Size & Forecast 2018-2028, (USD Million)
• Dual- Market Size & Forecast 2018-2028, (USD Million)

By Platform

• Ship Type- Market Size & Forecast 2018-2028, (USD Million)
  • Commercial- Market Size & Forecast 2018-2028, (USD Million)
    • Bulk Carrier- Market Size & Forecast 2018-2028, (USD Million)
    • Gas Tanker- Market Size & Forecast 2018-2028, (USD Million)
    • Tanker- Market Size & Forecast 2018-2028, (USD Million)
    • Passenger Cruise- Market Size & Forecast 2018-2028, (USD Million)
    • Dry Cargo- Market Size & Forecast 2018-2028, (USD Million)
    • Others- Market Size & Forecast 2018-2028, (USD Million)
  • Defense- Market Size & Forecast 2018-2028, (USD Million)
    • Aircraft Carriers- Market Size & Forecast 2018-2028, (USD Million)
    • Amphibious- Market Size & Forecast 2018-2028, (USD Million)
    • Destroyers- Market Size & Forecast 2018-2028, (USD Million)
    • Frigates- Market Size & Forecast 2018-2028, (USD Million)
    • Submarines- Market Size & Forecast 2018-2028, (USD Million)
    • Corvettes- Market Size & Forecast 2018-2028, (USD Million)
    • Others- Market Size & Forecast 2018-2028, (USD Million)
  • Airborne- Market Size & Forecast 2018-2028, (USD Million)

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

Browse Full Report Along with TOC and Figures -

Leading Sonar System companies operating in the Market

• Reytheon
• Thales
• Lockheed Martin
• L3 Harris
• Ultra Technologies
• Kongsberg Gruppen
• Teledyne
• Sonardyne
• Atlas Elektronik
• Furuno
• Others.

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