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The global sonar systems market was valued at US$ 3.74 Billion in 2020.
The rising adoption of sonar systems as a surveillance technique in naval ships and submarines for facilitating underwater communications as well as detecting and tracking enemy vessels and torpedoes, is currently driving the global sonar systems market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units pertaining to sonar systems.
Based on the mode of operation, the global sonar systems market can be segmented into active, passive, and active cum passive. Currently, active holds the majority of the total market share.
Based on the product type, the global sonar systems market has been segregated into hull mounted sonar, towed array sonar, sonobuoys, dipping sonar, and driver detection sonar, where hull mounted sonar currently represents the largest segment.
Based on the installation, the global sonar systems market can be categorized into vessel mounted, airborne, towed, UUV, hand-held and pole mounted, and others. Currently, vessel mounted exhibits a clear dominance in the market.
Based on the application, the global sonar systems market can be segmented into military, hydrographic charting, offshore oil and gas, port and harbor management, coastal engineering, and others. Among these, hydrographic charting currently represents the largest segment.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global sonar systems market include Raytheon, Lockheed Martin, Thales, Kongsberg Gruppen, Ultra Electronics, L3 Technologies, Teledyne, Sonardyne, Atlas Elektronik, Furuno, Navico, and JRC.
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