Market Overview:
The global maritime sonar systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for maritime security and safety measures, rising concerns over illegal fishing and piracy, and the growing popularity of recreational boating. The global maritime sonar systems market can be segmented on the basis of type into single beam scanning sonar system, multi-beam sonar system, side scan sonar system, and other types. The single beam scanning sonar system segment is expected to account for the largest share of the global maritime sonar systems market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its low cost and easy installation compared with other types of marine sensors such as multi-beam or side scansonars . On the basis of application ,the global maritime Sonarsystemsmarket can be divided into commercial area ,scientific area ,military areaand other applications .
Product Definition:
A maritime sonar system is a system used on ships to detect objects underwater. Sonar systems work by emitting sound waves and then measuring the time it takes for those sound waves to return. This information can be used to create a map of the area around the ship, allowing objects like submarines to be detected. Maritime sonar systems are important for ensuring safety at sea, especially in areas where there are many submarines or other underwater obstacles.
Single Beam Scanning Sonar System:
Single beam scanning sonar system is a type of side-scanning sonar system that sends out a narrow, high frequency sound beam and receives the reflected sound waves. The received signal is processed by an analog to digital converter to generate a digital image of the surroundings.
Multi-beam Sonar System:
Multi-beam sonar system is a device used to measure sound waves and it's frequency. It works on the principle of interaction between sound and matter. Sonar systems are mainly used in ships for detecting objects underwater which helps in navigation as well as helps avoid collision with other vessels.
The multi-beam sonar system market size was valued at USD 1,Billion in 2015.
Application Insights:
The military area application segment led the market in 2017 and is projected to expand at a significant CAGR over the forecast period. The growth can be attributed to increasing spending on defense by various countries, including China, India, Japan, and Australia. For instance; in 2016-2017 fiscal year, the Indian government planned to invest USD 5 billion for purchasing five submarines for its navy.
The commercial area segment is expected register a notable CAGR from 2018 to 2030 owing to rising demand from oil & gas companies for scanning large areas of seabed looking for petroleum deposits or natural gas fields. Moreover; this technology helps detect objects that are too deep underwater as it emits high-frequency sound waves and listens for the return echoes with an advanced sensor system on board ship¢â‚¬â„¢s hulls called transducers.
Regional Analysis:
Asia Pacific maritime sonar systems market is expected to grow at the highest CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing offshore oil and gas exploration activities in China, India, South Korea, Indonesia, Malaysia and Thailand. Furthermore SonarsySTEM is a regional project funded by the Japan International Cooperation Agency (JICA) for developing marine technology in Southeast Asian countries including Indonesia and Philippines.
The Middle East & Africa region accounted for over 15% share of global revenue in 2017 owing to increased offshore oil & gas exploration activities mainly off the coast of Saudi Arabia and UAE. Moreover several major players are also operating or have plans for exploring areas around Egypt while Morocco continues its operations near Western Sahara with both South African companies Sea-Doo Ltd.,and Yamaha Motor Co.,Ltd.
Growth Factors:
- Increasing demand for maritime security and safety
- Proliferation of submarines and underwater vessels
- Development of advanced sonar technologies
- Growing naval expenditure by countries across the world
- Expansion in maritime trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Maritime Sonar Systems Market Research Report
By Type
Single Beam Scanning Sonar System, Multi-beam Sonar System, Side Scan Sonar System, Other
By Application
Commercial Area, Scientific Area, Military Area, Other
By Companies
Thales Underwater Systems Ltd, Ultra Electronics, Northrop Grumman, Atlas Elecktronik, Lockheed Martin, Raytheon, Exelis, Kongsberg Mesotech, Sonardyne, L-3 Klein Associates, Furuno, Teledyne, DSME, Edge Tech, Haiying-Cal, HITARGET
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Maritime Sonar Systems Market Report Segments:
The global Maritime Sonar Systems market is segmented on the basis of:
Types
Single Beam Scanning Sonar System, Multi-beam Sonar System, Side Scan Sonar System, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Area, Scientific Area, Military Area, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thales Underwater Systems Ltd
- Ultra Electronics
- Northrop Grumman
- Atlas Elecktronik
- Lockheed Martin
- Raytheon
- Exelis
- Kongsberg Mesotech
- Sonardyne
- L-3 Klein Associates
- Furuno
- Teledyne
- DSME
- Edge Tech
- Haiying-Cal
- HITARGET
Highlights of The Maritime Sonar Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Beam Scanning Sonar System
- Multi-beam Sonar System
- Side Scan Sonar System
- Other
- By Application:
- Commercial Area
- Scientific Area
- Military Area
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Maritime Sonar Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Maritime sonar systems are used to detect and track objects at sea. They can be used for navigation, search and rescue, environmental monitoring, and more.
Some of the major players in the maritime sonar systems market are Thales Underwater Systems Ltd, Ultra Electronics, Northrop Grumman, Atlas Elecktronik, Lockheed Martin, Raytheon, Exelis, Kongsberg Mesotech, Sonardyne, L-3 Klein Associates, Furuno, Teledyne, DSME, Edge Tech, Haiying-Cal, HITARGET.
The maritime sonar systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Maritime Sonar Systems Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Maritime Sonar Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Maritime Sonar Systems Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Maritime Sonar Systems Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Maritime Sonar Systems Market Size & Forecast, 2020-2028 4.5.1 Maritime Sonar Systems Market Size and Y-o-Y Growth 4.5.2 Maritime Sonar Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Beam Scanning Sonar System
5.2.2 Multi-beam Sonar System
5.2.3 Side Scan Sonar System
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Area
6.2.2 Scientific Area
6.2.3 Military Area
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Maritime Sonar Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Maritime Sonar Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Beam Scanning Sonar System
9.6.2 Multi-beam Sonar System
9.6.3 Side Scan Sonar System
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Area
9.10.2 Scientific Area
9.10.3 Military Area
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Beam Scanning Sonar System
10.6.2 Multi-beam Sonar System
10.6.3 Side Scan Sonar System
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Area
10.10.2 Scientific Area
10.10.3 Military Area
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Beam Scanning Sonar System
11.6.2 Multi-beam Sonar System
11.6.3 Side Scan Sonar System
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Area
11.10.2 Scientific Area
11.10.3 Military Area
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Beam Scanning Sonar System
12.6.2 Multi-beam Sonar System
12.6.3 Side Scan Sonar System
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Area
12.10.2 Scientific Area
12.10.3 Military Area
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Beam Scanning Sonar System
13.6.2 Multi-beam Sonar System
13.6.3 Side Scan Sonar System
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Area
13.10.2 Scientific Area
13.10.3 Military Area
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Maritime Sonar Systems Market: Competitive Dashboard
14.2 Global Maritime Sonar Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thales Underwater Systems Ltd
14.3.2 Ultra Electronics
14.3.3 Northrop Grumman
14.3.4 Atlas Elecktronik
14.3.5 Lockheed Martin
14.3.6 Raytheon
14.3.7 Exelis
14.3.8 Kongsberg Mesotech
14.3.9 Sonardyne
14.3.10 L-3 Klein Associates
14.3.11 Furuno
14.3.12 Teledyne
14.3.13 DSME
14.3.14 Edge Tech
14.3.15 Haiying-Cal
14.3.16 HITARGET