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Sonar System Market

Sonar System Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The sonar system market is projected to grow at a CAGR 6.18% rate during the forecast period. The major factors driving the growth of the market are the increasing global seaborne trade activities, growing requirement of ship owners to comply with the maritime safety norms, and flourishing maritime tourism sector.

The defense segment of the market is projected to grow at a higher CAGR than the commercial segment from 2018 to 2023. The growth will due to the increased demand for different types of ships by naval forces of different countries. Moreover, the increasing demand for equipping naval ships with updated Anti-submarine Warfare (ASW) systems is expected to drive the growth of the defense segment of the market.

The retrofit segment of the market is projected to grow at a higher CAGR. Increasing demand for retrofitting in existing commercial vessels from the European and Asia Pacific regions is expected to drive the growth of the retrofit segment of the market from 2018 to 2023.

The increased demand for autonomous ships and cruise ships in the European region are reasons for the Europe market is projected to grow at the highest CAGR from 2018 to 2023.

Key market players include Raytheon (US), Lockheed Martin (US), Thales (France), Kongsberg Gruppen (Norway), Ultra Electronics (UK), L3 (US), Teledyne (US), Sonardyne (UK), Atlas Elektronik (Germany), Furuno (Japan), Navico (Norway), Japan Radio (JRC) Co. Ltd. (Japan), DSIT (Israel), EdgeTech (US), and Aselsan (Turkey), among others.

Key questions addressed by the report

  • What is the growth perspective of the market? What are the key dynamics and trends that govern the market?
  • What are the key sustainability strategies adopted by leading players operating in the market?
  • What are the new emerging technologies and use cases disrupting the marine industry?
  • Which are the key applications, wherein synthetic aperture sonars play a significant role?
  • What are the key trends and opportunities in the market across different regions and their respective countries?
  • Who are the key players and innovators in the partnership ecosystem of the market?
  • How is the competitive landscape changing in the client ecosystem and impacting revenue shares of clients?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Sonar System Market, By Application

Defense

Commercial

6. Sonar System Market, By End User 

Line Fit

Retrofit

7. Sonar System Market, By Mode of Operation

Active

Passive

Dual

8. Sonar System Market, By Solution

Hardware

Software

9. Sonar System Market, By Installation 

Vessel-Mounted

Towed

Airborne

Unmanned Underwater Vehicles

Port

10. Sonar System Market, By Product Type

Stern-Mounted SONAR

Dipping Sonar

Sonobuoy

Hull-Mounted Sonar

11. Sonar System Market, By Region

North America

     US

     Canada

Europe

     UK

     Germany

     Spain

     France

     Turkey

     Rest of Europe

Asia Pacific

      China 

      Japan

      South Korea

      India 

      Australia

      Rest of APAC

Middle East

      UAE

      Saudi Arabia

      Rest of Middle East

Rest of the World

       Latin America

       Africa

12. Company Profiles

Lockheed Martin

Kongsberg Gruppen

L3

Sonardyne

Furuno

Japan Radio (JRC) Co., Ltd.

Dsit

Raytheon

Thales

Ultra Electronics

Teledyne

13. Appendix

About

Abbreviations

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