The global towed array sonar market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for towed array sonars in submarines and surface vessels, as well as an increase in the number of torpedo launches from submarines.
Active Towed Array Sonar: Active towed array sonars are used for submarine detection and tracking, and are also used for detecting torpedoes fired from submarines or surface vessels. Active towed array sonars are more expensive than passive ones due to their higher performance levels; however, they have lower power consumption rates than active systems with comparable performance levels. Active towed array sonars are expected to account for a significant share of the global market during the forecast period owing to their high demand in military applications such as submarine detection and tracking, which is expected to drive their adoption rate over passive systems with comparable performance levels.
Passive Towed Array Sonar: Passive towed arrays provide low-cost solutions that do not require any power supply on board; however, they have lower performance levels when compared with active systems with comparable prices owing to their limited range capabilities (typically less than 10 km). Passive tow arrays are mainly used by surface vessels such as warships or patrol boats that need long-range detection capabilities but do not require high-performance features such as target classification or identification capabilities offered by active systems; these applications typically use passive tow arrays due to their low cost and ease of installation on board ships without requiring any power supply on board.
- Increasing demand for deep water exploration and production activities in the oil and gas industry is expected to drive the Towed Array Sonar market.
- Increasing demand for offshore wind farms in Europe is expected to drive the Towed Array Sonar market.
- Increasing demand for offshore wind farms in Asia Pacific is expected to drive the Towed Array Sonar market.
- Growing need for accurate data on seabed topography, currents, and other environmental parameters will fuel the growth of this market.
Industry Growth Insights published a new data on “Towed Array Sonar Market”. The research report is titled “Towed Array Sonar Market research by Types (Active Towed Array Sonar, Passive Towed Array Sonar), By Applications (Submarines, Torpedoes, Surface Vessels, Others), By Players/Companies GeoSpectrum Technologies, Leonardo, Teledyne Marine, Lockheed Martin, L3Harris, Atlas Elektronik, Dalian Taosonics Instrument”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Towed Array Sonar Market Research Report
By Type
Active Towed Array Sonar, Passive Towed Array Sonar
By Application
Submarines, Torpedoes, Surface Vessels, Others
By Companies
GeoSpectrum Technologies, Leonardo, Teledyne Marine, Lockheed Martin, L3Harris, Atlas Elektronik, Dalian Taosonics Instrument
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Towed Array Sonar Market Report Segments:
The global Towed Array Sonar market is segmented on the basis of:
Types
Active Towed Array Sonar, Passive Towed Array Sonar
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
Submarines, Torpedoes, Surface Vessels, Others
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:
- GeoSpectrum Technologies
- Leonardo
- Teledyne Marine
- Lockheed Martin
- L3Harris
- Atlas Elektronik
- Dalian Taosonics Instrument
Highlights of The Towed Array Sonar 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:
- Active Towed Array Sonar
- Passive Towed Array Sonar
- By Application:
- Submarines
- Torpedoes
- Surface Vessels
- Others
- 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 Towed Array Sonar 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?
Towed Array Sonar is a type of sonar that uses an array of acoustic transducers towed behind a vessel. The transducers emit sound waves that travel through the water and reflect off objects near the surface. By measuring the time it takes for these waves to return, researchers can calculate how deep an object is located.
Some of the key players operating in the towed array sonar market are GeoSpectrum Technologies, Leonardo, Teledyne Marine, Lockheed Martin, L3Harris, Atlas Elektronik, Dalian Taosonics Instrument.
The towed array sonar market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Towed Array Sonar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Towed Array Sonar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Towed Array Sonar Market - Supply Chain
4.5. Global Towed Array Sonar Market Forecast
4.5.1. Towed Array Sonar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Towed Array Sonar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Towed Array Sonar Market Absolute $ Opportunity
5. Global Towed Array Sonar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Towed Array Sonar Market Size and Volume Forecast by Type
5.3.1. Active Towed Array Sonar
5.3.2. Passive Towed Array Sonar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Towed Array Sonar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Towed Array Sonar Market Size and Volume Forecast by Application
6.3.1. Submarines
6.3.2. Torpedoes
6.3.3. Surface Vessels
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Towed Array Sonar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Towed Array Sonar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Towed Array Sonar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Towed Array Sonar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Towed Array Sonar Demand Share Forecast, 2019-2026
9. North America Towed Array Sonar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Towed Array Sonar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Towed Array Sonar Market Size and Volume Forecast by Application
9.4.1. Submarines
9.4.2. Torpedoes
9.4.3. Surface Vessels
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Towed Array Sonar Market Size and Volume Forecast by Type
9.7.1. Active Towed Array Sonar
9.7.2. Passive Towed Array Sonar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Towed Array Sonar Demand Share Forecast, 2019-2026
10. Latin America Towed Array Sonar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Towed Array Sonar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Towed Array Sonar Market Size and Volume Forecast by Application
10.4.1. Submarines
10.4.2. Torpedoes
10.4.3. Surface Vessels
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Towed Array Sonar Market Size and Volume Forecast by Type
10.7.1. Active Towed Array Sonar
10.7.2. Passive Towed Array Sonar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Towed Array Sonar Demand Share Forecast, 2019-2026
11. Europe Towed Array Sonar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Towed Array Sonar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Towed Array Sonar Market Size and Volume Forecast by Application
11.4.1. Submarines
11.4.2. Torpedoes
11.4.3. Surface Vessels
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Towed Array Sonar Market Size and Volume Forecast by Type
11.7.1. Active Towed Array Sonar
11.7.2. Passive Towed Array Sonar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Towed Array Sonar Demand Share, 2019-2026
12. Asia Pacific Towed Array Sonar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Towed Array Sonar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Towed Array Sonar Market Size and Volume Forecast by Application
12.4.1. Submarines
12.4.2. Torpedoes
12.4.3. Surface Vessels
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Towed Array Sonar Market Size and Volume Forecast by Type
12.7.1. Active Towed Array Sonar
12.7.2. Passive Towed Array Sonar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Towed Array Sonar Demand Share, 2019-2026
13. Middle East & Africa Towed Array Sonar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Towed Array Sonar Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Towed Array Sonar Market Size and Volume Forecast by Application
13.4.1. Submarines
13.4.2. Torpedoes
13.4.3. Surface Vessels
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Towed Array Sonar Market Size and Volume Forecast by Type
13.7.1. Active Towed Array Sonar
13.7.2. Passive Towed Array Sonar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Towed Array Sonar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Towed Array Sonar Market: Market Share Analysis
14.2. Towed Array Sonar Distributors and Customers
14.3. Towed Array Sonar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GeoSpectrum Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Leonardo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Teledyne Marine
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lockheed Martin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. L3Harris
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atlas Elektronik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dalian Taosonics Instrument
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
