Global Sonar System Market - Analysis By Solution (Hardware, Software), End-User, Defence Application, Commercial Application, By Region, By Country (2020 Edition): Opportunities and Forecast (2019-2024)

Global Sonar System Market - Analysis By Solution (Hardware, Software), End-User, Defence Application, Commercial Application, By Region, By Country (2020 Edition): Opportunities and Forecast (2019-2024)

Executive Summary

The Global Sonar System Market, valued at USD 2.71 billion in the year 2018 has been witnessing unprecedented growth in the last few years on the back of increasing expenditure on military or naval forces. Moreover, factors that are backing the growth of sonar system market are increasing global sea trade, growing maritime tourism, increasing demand of autonomous underwater vehicles as well as ongoing improvement in the marine navigational safety.

Among the Solutions segment in the sonar system market (Hardware, Software), Hardware Solution has been gaining popularity among various end-user segments and is expected to keep major market share in the forecast period on the back of higher underwater security measures from threats and conflicts. The Hardware solution segment includes components such as sensors, transducers, etc.

Based on End-User segment, Defence sector dominates the market share in year 2018 and is also expected to show dominance during the forecast period owing to rising initiatives by the regional government’s on providing more and better security measures to ensure the safety of lives from underwater threats and terrorist attacks.

The Asia Pacific market is estimated to be the leading market for sonar system during the forecast period with China being the leading country in the region followed by Japan and India. Moreover, burgeoning demand for medical applications and rising demand for sonar system in strategic defence operations are some of the key factors fuelling the demand of sonar system in the region.



Scope of the Report

  • The report analyses the sonar System market at global, regional and country level.
  • The report analyses the Sonar System Market by Solution (Hardware, Software).
  • The report assesses the Sonar System market by its end-user industry (Commercial, Defence).
  • The report assesses the Sonar System market by Defence Application (Anti-submarine warfare, Mine Detection & Countermeasure, Others).
  • The report assesses the Sonar System market by Commercial Application (Navigation, Hydrography, Fishing).
  • The Global Sonar System Market has been analysed by Region (North America, Europe, Asia Pacific, LAMEA) and by Country (United States, Canada, Russia, France, United Kingdom, China, Japan, India)
  • The attractiveness of the market has been presented by region, solution, end-user industry, defence application and commercial application. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
  • The report tracks competitive developments, strategies, key developments in the market and new product development. The companies analysed in the report include Norbit, Raytheon, Northrop Grumman, Kongsberg Gruppen, Teledyne Technologies, Furuno, Thales, Ultra Electronics, Atlas Elektronik, Lockheed Martin.
  • The report presents the analysis of Sonar system market for the historical period of 2014-2018 and the forecast period of 2019-2024.
Key Target Audience
  • Sonar System Manufacturers
  • Consulting and Advisory Firms
  • Government and Policy Makers
  • Investment Banks and Equity Firms
  • Regulatory Authorities


1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
2.1 Concentration on Product and Market development strategies.
2.2 Software synchronized control strategy.
3. Product Outlook
4. Global Sonar System Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2014-2024
Table 1: Global Sonar System Market Size, By Value, 2014-2024 (USD Million)
Table 2: Global Seaborne Trade Growth (%), 2014-2018
Table 3: Global GDP Growth (%), 2014-2018
Table 4: Global Active Fleet Growth(%), 2014-2018
Table 5: Global Military Expenditure (USD Trillion), 2014-2018
Table 6: Global Military Spending, By Top 15 Countries, Year 2018 (In USD Billion)
Table 7: Order Backlog by Leading Shipbuilders in 2018, (CGT)
Table 8: Global Industry (Including Construction), value added (annual growth %)
5. Global Sonar System Market Segmentation By Solution
5.1 Competitive Scenario of Global Sonar System: By Solution
Table 9: Global Sonar System Market Share - By Solution (2018 & 2024)
5.2 Hardware – Market Size and Forecast (2019-2024)
Table 10: Global Sonar System Market- By Hardware, By Value (USD Million), 2014-2024
5.3 Software - Market Size and Forecast (2019-2024)
Table 11: Global Sonar System Market- By Software, By Value (USD Million), 2014-2024
6. Global Sonar System Market Segmentation By End-User
6.1 Competitive Scenario of Global Sonar System: By End-User
Table 12: Global Sonar System Market Share- By End-User (2018 & 2024)
6.2 Commercial– Market Size and Forecast (2019-2024)
Table 13: Global Sonar System Market- By Commercial, By Value (USD Million), 2014-2024
6.3 Defence- Market Size and Forecast (2019-2024)
Table 14: Global Sonar System Market- By Defence, By Value (USD Million), 2014-2024
7. Global Sonar System Market Segmentation By Defence Application
7.1 Competitive Scenario of Global Sonar System: By Defence Application
Table 15: Global Sonar System Market Share- By Defence Application (2018 & 2024)
7.2 Anti-Submarine warfare – Market Size and Forecast (2019-2024)
Table 16: Global Sonar System Market- By Anti-submarine warfare, By Value (USD Million), 2014-2024
7.3 Mine Detection & Countermeasure - Market Size and Forecast (2019-2024)
Table 17: Global Sonar System Market- By Mine Detection & Countermeasure, By Value (USD Million), 2014-2024
7.4 Others – Market Size and Forecast (2019-2024)
Table 18: Global Sonar System Market- By Others, By Value (USD Million), 2014-2024
8. Global Sonar System Market Segmentation By Commercial Application
8.1 Competitive Scenario of Global Sonar System: By Commercial Application
Table 19: Global Sonar System Market Share- By Commercial Application (2018 & 2024)
8.2 Navigation – Market Size and Forecast (2019-2024)
Table 20: Global Sonar System Market- By Navigation, By Value (USD Million), 2014-2024
8.3 Hydrography - Market Size and Forecast (2019-2024)
Table 21: Global Sonar System Market- By Hydrography, By Value (USD Million), 2014-2024
8.4 Fishing - Market Size and Forecast (2019-2024)
Table 22: Global Sonar System Market- By Fishing, By Value (USD Million), 2014-2024
9. Global Sonar System Market: Regional Analysis
9.1 Competitive Scenario of Global Sonar System: By Region
Table 23: Global Sonar System Market Share- By Region (2018 & 2024)
10. North America Sonar System Market: Segmentation By Solution, End-User (2019-2024)
10.1 North America Sonar System Market: Size and Forecast (2019-2024)
Table 24: North America Sonar System Market Size, By Value, 2014-2024 (USD Million)
10.2 North America Sonar System Market – Prominent Companies
Table 25: America container Port Volume (20 Foot Equivalent Unit), 2016-17
Table 26: Americas Seaborne Trade, 2017 (% share in world Tonnage)
Table 27: North America Oil Production & Consumption (Million tones), 2014–2018
Table 28: North America Military Expenditure (USD Billion), 2014-2018
10.3 Market Segmentation By Solution (Hardware, Software)
Table 29: North America Sonar System Market- By Solution, By Value (USD Million), 2014-2024
10.4 Market Segmentation By End-User (Defence, Commercial)
Table 30: North America Sonar System Market- By End-User, By Value (USD Million), 2014-2024
10.5 North America Sonar System Market: Country Analysis
10.6 Market Opportunity Chart of North America Sonar System Market - By Country, By Value (Year-2024)
Table 31: Market Opportunity Chart of North America Sonar System Market - By Country, By Value (Year-2024)
10.7 Competitive Scenario of North America Sonar System: By Country
Table 32: North America Sonar System Market Share- By Country (2018 & 2024)
10.8 United States Sonar System Market: Size and Forecast (2019-2024)
Table 33: United States Sonar System Market Size, By Value, 2014-2024 (USD Million)
10.8.1 Few Major Players in United States Sonar System Market
10.9 United States Sonar System Market Segmentation By Solution, End-User
Table 34: United States Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 35: United States Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 36: United States Oil Production & Consumption (Million tones), 2014–2018
Table 37: United States Military Expenditure (USD Billion), 2014–2018
Table 38: United States Average Rig counts, 2014-2018
Table 39: U.S Industry (Including Construction), Value added (annual growth %), 2013-17
Table 40: Ship Built by U.S.A of building, 2014-18 (Gross Tonnage)
Table 41: U.S Manufacturing Value added, annual growth(%), 2013-17
Table 42: United States Urban Population(% of Total Population)
10.10 Canada Sonar System Market: Size and Forecast (2019-2024)
Table 43: Canada Sonar System Market Size, By Value, 2014-2024 (USD Million)
10.11 Canada Sonar System Market Segmentation By Solution, End-User
Table 44: Canada Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 45: Canada Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 46: Canada Oil Production & Consumption (Million tones), 2014–2018
Table 47: Canada Military Expenditure (USD Billion), 2014–2018
Table 48: Canada Average Rig counts, 2014-2018
Table 49: Canada’s Urban Population Growth (annual %), 2013-18
Table 50: Ship Built by Canada of building, 2014-18 (Gross Tonnage)
Table 51: Canada Industry (Including Construction), Value added (annual growth %), 2013-18
Table 52: Canada Manufacturing Value added, annual growth(%), 2013-18
11. Europe Sonar System Market: Segmentation By Solution, End-User (2019-2024)
11.1 Europe Sonar System Market: Size and Forecast (2019-2024)
Table 53: Europe Sonar System Market Size, By Value, 2014-2024 (USD Million)
11.2 Europe Sonar System Market – Prominent Companies
Table 54: European Union Military Expenditure (USD Billion), 2014-2018
Table 55: Europe Seaborne Trade, 2017-18 (% share in world Tonnage)
Table 56: European Union Urban Population growth (annual %), 2013-18
Table 57: Europe GDP Growth rate, 2014-2018 (%)
11.3 Market Segmentation By Solution (Hardware, Software)
Table 58: Europe Sonar System Market- By Solution, By Value (USD Million), 2014-2024
11.4 Market Segmentation By End-User (Defence, Commercial)
Table 59: Europe Sonar System Market- By End-User, By Value (USD Million), 2014-2024
11.5 Europe Sonar System Market: Country Analysis
11.6 Market Opportunity Chart of Europe Sonar System Market - By Country, By Value (Year-2024)
Table 60: Market Opportunity Chart of Europe Sonar System Market - By Country, By Value (Year-2024)
11.7 Competitive Scenario of Europe Sonar System: By Country
Table 61: Europe Sonar System Market Share- By Country
11.8 Russia Sonar System Market: Size and Forecast (2019-2024)
Table 62: Russia Sonar System Market Size, By Value, 2014-2024 (USD Million)
11.9 Russia Sonar System Market Segmentation By Solution, End-User
Table 63: Russia Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 64: Russia Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 65: Russia Oil Production & Consumption (Million tones), 2014–2018
Table 66: Russia Military Expenditure (USD Billion), 2014–2018
Table 67: Russia GDP growth (annual %), 2014-2018
11.10 France Sonar System Market: Size and Forecast (2019-2024)
Table 68: France Sonar System Market Size, By Value, 2014-2024 (USD Million)
11.10.1 Major Players in France Sonar System Market
11.11 France Sonar System Market Segmentation By Solution, End-User
Table 69: France Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 70: France Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 71: France Manufacturing Value Added (annual % growth), 2014-18
Table 72: Ship Built by France of building, 2015-18 (Gross Tonnage)
Table 73: France Military Expenditure (USD Billion), 2014-18
Table 74: France GDP growth (annual %), 2014-18
11.12 United Kingdom Sonar System Market: Size and Forecast (2019-2024)
Table 75: United Kingdom Sonar System Market Size, By Value, 2014-2024 (USD Million)
11.10.1 Major Players in France Sonar System Market
11.13 United Kingdom Sonar System Market Segmentation By Solution, End-User
Table 76: United Kingdom Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 77: United Kingdom Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 78: United Kingdom Oil Production & Consumption (Million tones), 2014–2018
Table 79: United Kingdom Military Expenditure (USD Billion), 2014–2018
Table 80: United Kingdom GDP growth (annual %), 2014-2018
11.14 Rest Of Europe Sonar System Market: Size and Forecast (2019-2024)
Table 81: Rest Of Europe Sonar System Market Size, By Value, 2014-2024 (USD Million)
11.15 Rest Of Europe Sonar System Market Segmentation By Solution, End-User
Table 82: Rest Of Europe Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 83: Rest Of Europe Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 84: Europe’s Countries Oil Consumption (Million tones), 2014–2018
Table 85: Europe’s Countries Oil Production (Million tones), 2014–2018
Table 86: Developing Countries Industry (Including Construction), Value added (annual growth %), 2013-18
Table 87: Developing Countries Manufacturing Value added, annual growth(%), 2014-18
Table 88: European countries Military Expenditure (USD Billion), 2014-2018
12. Asia Pacific Sonar System Market: Segmentation By Solution, End-User (2019-2024)
12.1 Asia Pacific Sonar System Market: Size and Forecast (2019-2024)
Table 89: Asia Pacific Sonar System Market Size, By Value, 2014-2024 (USD Million)
Table 90: East Asia & Pacific Military Expenditure (USD Billion), 2014-2018
Table 91: APAC Seaborne Trade, 2017 (% share in world Tonnage)
Table 92: APAC Urban Population growth (annual %), 2013-18
Table 93: East Asia & Pacific GDP Growth rate, 2013-2018 (%)
12.2 Market Segmentation By Solution (Hardware, Software)
Table 94: Asia Pacific Sonar System Market- By Solution, By Value (USD Million), 2014-2024
12.3 Market Segmentation By End-User (Defence, Commercial)
Table 95: Asia Pacific Sonar System Market- By End-User, By Value (USD Million), 2014-2024
12.4 Asia Pacific Sonar System Market: Country Analysis
12.5 Market Opportunity Chart of Asia Pacific Sonar System Market - By Country, By Value (Year-2024)
Table 96: Market Opportunity Chart of Asia Pacific Sonar System Market - By Country, By Value (Year-2024)
12.6 Competitive Scenario of Asia Pacific Sonar System: By Country
Table 97: Asia Pacific Sonar System Market Share – By Country
12.7 China Sonar System Market: Size and Forecast (2019-2024)
Table 98: China Sonar System Market Size, By Value, 2014-2024 (USD Million)
Table 99: Official Chinese Defence Budget, By Value (USD Billion), 2013-2019
12.8 China Sonar System Market Segmentation By Solution, End-User
Table 100: China Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 101: China Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 102: China Oil Production & Consumption (Million tones), 2014–2018
Table 103: China Military Expenditure (USD Billion), 2014–2018
Table 104: China GDP growth (annual %), 2013-2018
Table 105: Ship Built by China of building, 2014-18 (Gross Tonnage)
12.9 Japan Sonar System Market: Size and Forecast (2019-2024)
Table 106: Japan Sonar System Market Size, By Value, 2014-2024 (USD Million)
12.10 Japan Sonar System Market Segmentation By Solution, End-User
Table 107: Japan Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 108: Japan Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 109: Leading shipbuilding companies in Japan as of March 2018, by total assets (Japanese Billion Yen)
Table 110: Japan Military Expenditure (USD Billion), 2014–2018
Table 111: Japan GDP growth (annual %), 2014-2018
Table 112: Ship Built by Japan of building, 2014-18 (Gross Tonnage)
Table 113: Japan’s Manufacturing Value added (USD T), 2013-17
Table 114: Japan Urban Population (% of Total Population), 2014-18
Table 115: Japan Industry (including construction), value added (USD Trillion), 2013-17
12.11 India Sonar System Market: Size and Forecast (2019-2024)
Table 116: India Sonar System Market Size, By Value, 2014-2024 (USD Million)
12.12 India Sonar System Market Segmentation By Solution, End-User
Table 117: India Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 118: India Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 119: India Oil Production & Consumption (Million tones), 2014–2018
Table 120: India Military Expenditure (USD Billion), 2014–2018
Table 121: India GDP Growth Rate (annual %), 2014-2018
Table 122: India’s Urban Population (% of Population), 2014-2018
12.13 Rest Of APAC Sonar System Market: Size and Forecast (2019-2024)
Table 123: Rest Of APAC Sonar System Market Size, By Value, 2014-2024 (USD Million)
12.14 Rest Of APAC Sonar System Market Segmentation By Solution, End-User
Table 124: Rest Of APAC Sonar System Market- By Solution, By Value (USD Million), 2014-2024
Table 125: Rest Of APAC Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 126: APAC Countries Oil Consumption (Million tones), 2014–2018
Table 127: APAC Countries Oil Production (Million tones), 2014–2018
Table 128: APAC Developing Countries Industry (Including Construction), Value added (USD Billion), 2013-18
Table 129: Developing Countries Manufacturing Value added, annual growth(%), 2014-18
Table 130: APAC countries Military Expenditure (USD Billion), 2014-2018
Table 131: South Korea Shipbuilding Orderbook, 2017-18 (M dwt)
13. LAMEA Sonar System Market: Segmentation By Solution, End-User (2019-2024)
13.1 LAMEA Sonar System Market: Size and Forecast (2019-2024)
Table 132: LAMEA Sonar System Market Size, By Value, 2014-2024 (USD Million)
13.2 Market Segmentation By Solution (Hardware, Software)
Table 133: LAMEA Sonar System Market- By Solution, By Value (USD Million), 2014-2024
13.3 Market Segmentation By End-User (Defence, Commercial)
Table 134: LAMEA Sonar System Market- By End-User, By Value (USD Million), 2014-2024
Table 135: Middle East Oil Production & Consumption (Million tones), 2014–2018
Table 136: Africa Oil Production & Consumption (Million tones), 2014–2018
Table 137: MENA Annual GDP Growth rate (%) 2014–2018
Table 138: MEA Urban Population (% of Population), 2014-2018
Table 139: LAMEA countries Military Expenditure (USD Billion), 2014-2018
Table 140: Developing Countries Urban Population Growth (annual %), 2013-18
14. Global Sonar System Market Dynamics
14.1 Global Sonar System Market Drivers
14.2 Global Sonar System Market Restraints
14.3 Global Sonar System Market Trends
15. Market Attractiveness and Strategic Analysis
15.1 Market Attractiveness
15.1.1 Market Attractiveness Chart of Global Sonar System Market - By Solution (Year 2024)
Table 141: Market Attractiveness Chart of Global Sonar System Market - By Solution (Year-2024)
15.1.2 Market Attractiveness Chart of Global Sonar System Market - By End-User (Year 2024)
Table 142: Market Attractiveness Chart of Global Sonar System Market - By End-User (Year-2024)
15.1.3 Market Attractiveness Chart of Global Sonar System Market - By Defence Application (Year-2024)
Table 143: Market Attractiveness Chart of Global Sonar System Market - By Defence Application (Year-2024)
15.1.4 Market Attractiveness Chart of Global Sonar System Market - By Commercial Application (Year-2024)
Table 144: Market Attractiveness Chart of Global Sonar System Market - By Commercial Application (Year-2024)
15.1.5 Market Attractiveness Chart of Global Sonar System Market - By Region, By Volume, (Year-2024)
Table 145: Market Attractiveness Chart of Global Sonar System Market - By Region, By Value, (Year-2024)
15.2 Strategic Analysis
15.2.2 Key Developments in Sonar System Market
16. Competitive Landscape
16.1 Market Share Analysis
16.2 Competitive Positioning (Leaders, Challengers, Followers, Niche Players)
Table 146: Competitive Positions of Sonar System Companies (2018)
17. Company Profiles (Business Description, Financial Analysis, Business Strategy)
17.1 Norbit
Table 147: NORBIT Annual Revenue (USD Million), Year 2015-2018
Table 148: NORBIT Net Profit/Loss(USD Million), Year 2015-2018
Table 149: NORBIT Sales Revenue Split, By Business Segment (%), FY2018
17.2 Kongsberg Gruppen
Table 150: Kongsberg Gruppen Annual Revenue (USD Million), Year 2014-2018
Table 151: Kongsberg Gruppen Net Profit/Loss(USD Million), Year 2014-2018
Table 152: Kongsberg Gruppen Sales Revenue Split, By Business Segment (%), FY2018
Table 153: Kongsberg Gruppen Sales Revenue Split, By Geography (%), FY2018
17.3 Raytheon
Table 154: Raytheon Annual Sales Revenue (USD Million), 2014-2018
Table 155: Raytheon Annual Net Income/Loss (USD Million), 2014-2018
Table 156: Raytheon Sales Revenue, By Business Segment(%), FY2018
Table 157: Raytheon Sales Revenue, By Geography(%), FY2018
Table 158: Raytheon Sales Revenue, By Contract-Type(%), FY2018
17.4 Lockheed Martin
Table 159: Lockheed Martin Annual Sales Revenue (USD Million),2014-2018
Table 160: Lockheed Martin Annual Net Income/Loss (USD Million), 2014-2018
Table 161: Lockheed Martin Sales Revenue, By Product Segment(%), FY-2018
Table 162: Lockheed Martin Sales Revenue By Geographic Region(%), FY-2018
Table 163: Lockheed Martin Sales Revenue, By Contract-Type(%), FY2018
Table 164: Lockheed Martin Sales Revenue, By Customer(%), FY2018
17.5 Ultra Electronics
Table 165: Ultra Electronics Annual Revenue (USD Million), Year 2014-2018
Table 166: Ultra Electronics Net Profit/Loss(USD Million), Year 2014-2018
Table 167: Ultra Electronics Sales Revenue Split, By Business Segment (%), FY2018
Table 168: Ultra Electronics Sales Revenue Split, By Market (%), FY2018
Table 169: Ultra Electronics Sales Revenue Split, By Geography Segment (%), FY2018
17.6 Atlas Elektronik
17.7 Furuno
Table 170: Furuno Annual Revenue (USD Million), Year 2015-2019
Table 171: Furuno Net Profit/Loss(USD Million), Year 2015-2019
Table 172: Furuno Sales Revenue Split, By Business Segment (%), FY2019
Table 173: Furuno Sales Revenue Split, By Market (%), FY2019
17.8 Thales
Table 174: Thales Annual Revenue (USD Million), Year 2014-2018
Table 175: Thales Net Income (USD Million), Year 2014-2018
Table 176: Thales Sales Revenue Split, By Business Segment (%), FY2018
Table 177: Thales Sales Revenue Split, By Geographical Region (%), FY2018
17.9 Northrop Grumman
Table 178: Northrop Grumman Annual Revenue (USD Million), Year 2014-2018
Table 179: Northrop Grumman Net Income (USD Million), Year 2014-2018
Table 180: Northrop Grumman Sales Revenue Split, By Business Segment (%), FY2018
Table 181: Northrop Grumman Sales Revenue Split, By Geographical Region (%), FY2018
17.10 Teledyne Technologies
Table 182: Teledyne Technologies Annual Revenue (USD Million), Year 2014-2018
Table 183: Teledyne Technologies Net Income (USD Million), Year 2014-2018
Table 184: Teledyne Technologies Sales Revenue Split, By Business Segment (%), FY2018
Table 185: Teledyne Technologies Sales Revenue Split, By Geographical Region (%), FY2018

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