Sonar Systems Market to be dominated by Hull-mounted Sonar through 2027
Advancements in sensor
technology and growing demand for seaborne trade activities are expected to
drive the demand for global sonar systems market in the forecast period, 2023-2027.
According to TechSci Research
report, “Sonar Systems Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global sonar systems market is
anticipated to witness impressive growth in the forecast period, 2023-2027.
Sound navigation and ranging (SONAR) can be defined as a technique that uses
sound waves for navigating, detecting lost or hazardous objects, and
communication purposes. It sends the sound waves reflected from objects and
detected by the sonar systems. Sonar systems find applications in nautical
charting activities, oil exploration, fishing, hydrography, and marine
observation activities.
The major factors driving the
growth of global sonar systems marker are rapidly expanding naval fleet by
modernization of the existing fleet and purchase of new ships and submarines.
Also, the increased demand for sonobuoy for tactical purposes influences market
demand. They use an advanced transducer and a radio transmitter to transmit and
record underwater sounds. Advanced sonobuoys can provide additional information
about water temperature and wave height, which is the major reason for their
high sales among the end-users.
However, concerns regarding
the adverse effect of the sonar system on marine animals may restrain the
growth of the global sonar systems market in the forecast period.
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Sonar Systems Market"
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The global sonar systems
market is segmented into product, installation, platform., application,
regional distribution, and competitive landscape.
Based on product, the market
is divided into hull-mounted sonar, stern-mounted sonar, dipping sonar, and
sonobuoy. Hull-mounted sonar is expected to hold the largest market share in
the forecast period. They are the most commonly used sonars, and they are
attached to the bottom of the vessel. The hull-mounted sonars can be used to
perform different tasks like fish finding, anti-submarine warfare, seabed monitoring,
and diver detection. They can be classified into omnidirectional sonar,
forward-looking sonar, and echo sounders.
Based on the installation,
the market is bifurcated into fixed and deployable. Deployable sonars are
expected to capture the highest market share in the next five years. Deployable
sonar is dopped via aircraft into water or dip, and they can be dropped from an
altitude of 30,000 feet. It uses radio transmitters and transducers to detect,
record, and convey underwater convoys.
Based on the platform, the
market is divided into commercial vessels, defense vessels, unmanned underwater
vehicles (UUVs), aircrafts, and ports. Commercial vessels are expected to
capture the highest market share over the next five years. The naval sonars are
capable of operating both in active and passive conditions. Sonars do not
transmit signals as they act as listening signals. The passive operating mode
can identify enemy ships and animals in the ocean as they can maintain stealth
and secrecy during the operations.
Based on application, the
market is divided into anti-submarine warfare, port security, mine detection
& countermeasure systems, search & rescue, navigation, diver detection,
and others. Anti-submarine warfare applications are expected to witness the fastest
incremental growth in the forecast period. Anti-submarine warfare employs the
use of surface warships to locate, track and destroy enemy submarines. With the
launch of advanced anti-submarine, the detecting capability is improving,
boosting their sales among the end-users.
Major market players
operating in the global sonar systems market are:
·
Aselsan
AS
·
Sonardyne
International Ltd
·
Ultra
Electronics Holdings
·
Northrop
Grumman Corporation
·
ThyssenKrupp
AG
·
Western
Marine Electronics Inc.
·
Lockheed
Martin Corporation
·
Kongsberg
Gruppen ASA
·
Thales
Group
·
GeoSpectrum
Technologies Inc.
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“The Asia-pacific region is
expected to be the most lucrative market for the global sonar systems market in
the forecast period. The location of the Asia-pacific region has made it a
hotspot for armed standoffs between the countries around the South China Sea.
China has increased its investment in the modernization of the anti-submarine
warfare capabilities to enhance its situational awareness in the sea. Also, the
countries are increasing their naval expenditure to buy new platforms and
equipment and are encouraging the advancement of sonar systems which is
expected to propel the growth of the global sonar systems market till 2027”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Sonar Systems Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented
By Product (Hull-mounted Sonar, Stern-mounted Sonar, Dipping Sonar, Sonobuoy),
By Installation (Fixed, Deployable), By Platform (Commercial Vessels, Defense
Vessels, Unmanned Underwater Vehicles (UUVs), Aircrafts, Ports), By Application
(Anti-submarine Warfare, Port Security, Mine Detection & Countermeasure
Systems, Search & Rescue, Navigation, Diver Detection, Others), and By
Region”, has evaluated the future growth
potential of global sonar systems market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global sonar systems market.
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