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Home » Aerospace and Defense » Homeland Security » Maritime and Border Security

Global Naval Sonar Market 2019 – 2029

The Global Naval Sonar Market 2019-2029 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next ten years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by industry participants. It also offers insights regarding several factors and government programs that are expected to influence the demand for naval sonars over the forecast period.

The demand for naval sonars will be driven by the increasing focus on developing robust anti-submarine warfare (ASW) capability and fleet expansion initiatives by emerging economies such as India and Pakistan in the Asia-Pacific region.

“Navies are enhancing their undersea warfare capabilities by commissioning advanced surface ships and submarines, primarily to gain asymmetric advantage over their opponents and to secure their territorial waters against any intrusion. Disputes over offshore territories and maritime boundaries, abetted by the need to exploit the offshore resources including unexplored oil & gas reserves and fertile fishing zones are expected to be a major driver for the strengthening of naval capabilities. Apart from surface vessels and submarines, the induction of maritime patrol aircrafts (MPA) and ASW helicopters to patrol the Exclusive Economic Zone (EEZ) is also expected to drive the sonobuoys and dipping sonar market worldwide.”

Scope

In particular, the report provides an in-depth analysis of the following:

  • Market size and drivers: detailed analysis during 2019-2029, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
  • Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of sonar segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
  • Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
  • Major programs: details of the key programs in each segment, which are expected to be executed during 2019-2029.
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the global naval sonar market. It provides an overview of key players, strategic initiatives, and financial analysis.

Key Highlights

– The global naval sonar market is expected to grow at a CAGR of 3.54% over the forecast period.

– The naval sonar market is classified into of five categories: Hull Mounted Sonar, Towed Sonar, Sonobuoys, Dipping Sonar, and Diver Detection Sonar.

– Asia Pacific region is expected to dominate the naval sonar market over the forecast period with a market share of 37.3%, followed by North America and Europe.

– The Hull Mounted Sonar segment is expected to dominate the naval sonar market over the forecast period.

Reasons to Buy

– Determine prospective investment areas based on a detailed trend analysis of the global naval sonar market over the next ten years

– Gain in-depth understanding about the underlying factors driving demand for different sonar segments in the top spending countries across the world and identify the opportunities offered by each of them

– Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others

– Identify the major channels that are driving the global naval sonar market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

– Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global naval sonar market

– Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top naval sonar providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Key Players

Raytheon

Atlas Elektronik

Thales

L3Harris Technologies

Leonardo

Ultra Electronics

Northrop Grumman

Lockheed Martin

Bharat Electronics Limited

Kongsberg Gruppen

ERAPSCO

Table of Contents

Table of Contents

Executive Summary

Global Naval Sonar Market – Overview

Global Naval Sonar Market By Region, 2019-2029

Global Naval Sonar Market By Segment, 2019-2029 Market Dynamics

Demand Drivers: Growing impetus to Anti-Submarine Warfare by navies across the globe to drive demand

Trends: Growing adoption of Integrated Sonar Suites (ISS) on surface ships and submarines

Technological Developments: Deployment of advanced sonar suites on unmanned and autonomous underwater vessels

Key Challenges: Increasing adoption of acoustic quieting technologies in submarines and surface ships Global Naval Sonar Market – Segment Analysis

Segment Analysis: Hull Mounted Sonar

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Segment Analysis: Towed Sonar

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Segment Analysis: Sonobuoys

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Segment Analysis: Dipping Sonar

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Segment Analysis: Diver Detection Sonar

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029 Global Naval Sonar Market – Regional Analysis

Global Naval Sonar – Regional Overview, 2019 & 2029

Regional Analysis: Asia-Pacific

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Top Suppliers

Regional Analysis: North America

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Top Suppliers

Regional Analysis: Europe

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Top Suppliers

Regional Analysis: Middle East

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Top Suppliers

Regional Analysis: Africa

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Top Suppliers

Regional Analysis: Latin America

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Top Suppliers Global Naval Sonar Market – Trend Analysis

Global Naval Sonar – Country Overview, 2019 & 2029

Leading Segments in Key Countries

Country Analysis – 10 leading countries

Market size and CAGR growth analysis, 2019-2029

Change in market share, 2019-2029

Segmental Share (%), 2019-2029

Country Share (%), 2019 & 2029

Major Suppliers

Segmental Analysis

Key Programs Analysis

Description of key programs

Delivery period, units and total expenditure

ompetitive Landscape Analysis

Competitive analysis – 10 leading companies

Major Products and Services

Financial Analysis covering Revenue, Operating Profit and Net Profit

Financial Deal and Contracts

Appendix

    Pricing

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