Global Sonar (Sound Navigation and Ranging) System Market: Size, Trends and Forecasts (2019-2023)

Global Sonar (Sound Navigation and Ranging) System Market: Size, Trends and Forecasts (2019-2023)

Scope of the Report

The report titled “Global Sonar (Sound Navigation and Ranging) System Market: Size, Trends and Forecasts (2019-2023)”, provides an in depth analysis of the global sonar system market by value, by application, by region, etc. The report provides a detailed analysis of the commercial and defense sonar system market by application. The report also provides a regional analysis of the sonar system market, including the following regions: North America, Europe, Asia Pacific and ROW.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global sonar system market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global sonar system market is highly fragmented with many market players operating worldwide. Some sonar system market players operating on a local level while other players operating on a regional and global level. Many local and regional vendors are offering specific application sonar systems for varied end-users. Further, key players of the sonar system market are Thales Group (Thales Underwater Systems), Ultra Electronics Holdings plc, Raytheon Company, Lockheed Martin Corporation, are also profiled with their financial information and respective business strategies.

Country Coverage

North America
Europe
Asia Pacific
ROW

Company Coverage

Thales Group (Thales Underwater Systems)
Ultra Electronics Holdings plc
Raytheon Company
Lockheed Martin Corporation

Executive Summary

Sonar (Sound Navigation and Ranging), refers to a technique that is used to detect or locate objects, especially under the surface of water by using sound waves. Sonar systems can be divided into two categories: Active Sonar (consists of transmitter and receiver) and Passive Sonar (contains only a receiver).

The main uses of sonar system include: for estimation of direction of arrival objects such as submarines; for finding out lost ships and submarines; for communication between sub-merged submarines; for locating mines and underwater hazards in order to achieve safe navigation; for seafloor mapping and seafloor imaging, etc.

The sonar system has a very significant history with continuous introduction of new and innovative technologies. The sonar system market can be segmented on the basis of application (Commercial & Defense); product type (Hull Mounted Sonars; Stern Mounted Sonars; Sonobuoy; Diver Detection Systems & Unmanned Underwater Vehicle (UUV) Sonars); frequency (High; Medium & Low) and installation (Vessel-mounted; Towed; Airborne; Port & Unmanned Underwater Vehicles (UUVs). The commercial and defense sonar system market can be further segmented into applications: commercial sonar system application (Navigation; Hydrography & Fishing) and defense sonar system application (Anti-submarine Warfare; Mine Detection & Countermeasure; Diver Detection; Port Security; Search & Rescue and Others).

The global sonar system market has increased significantly during the years 2017-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The sonar system market is expected to increase due to the expanding maritime tourism sector, increasing seaborne trade activities, rise in the new ship orders, growing use of sonar system in fishery industry, increasing consumption of oil and gas, etc. Yet the market faces some challenges such as the side effects on marine life from the usage of sonar, shortage of qualified professionals in maritime industry, etc.


1. Executive Summary
2. Introduction
2.1 Sonar System: An Overview
2.1.1 Types of Sonar
Table 1: Types of Sonar
2.1.2 History of Sonar System
Table 2: History of Sonar System
2.1.3 Uses of Sonar System
Table 3: Uses of Sonar System
2.1.4 Harmful Effects of Sonar on Marine Life
Table 4: Possible Effects of Sonar on Marine Mammals
2.2 Sonar System Segmentation: An Overview
2.2.1 Sonar System Segmentation by Application
Table 5: Sonar System Segmentation by Application
2.2.2 Sonar System Segmentation by Product Type
Table 6: Sonar System Segmentation by Product Type
2.2.3 Sonar System Segmentation by Frequency and Installation
Table 7: Sonar System Segmentation by Frequency and Installation
3. Global Market Analysis
3.1 Global Sonar System Market: An Analysis
3.1.1 Global Sonar System Market by Value
Table 8: Global Sonar System Market by Value; 2017-2018 (US$ Billion)
Table 9: Global Sonar System Market by Value; 2019-2023 (US$ Billion)
3.1.2 Global Sonar System Market by Application (Defense and Commercial)
Table 10: Global Sonar System Market by Application; 2018 (Percentage, %)
3.1.3 Global Sonar System Market by Region (North America, Europe, Asia Pacific and ROW)
Table 11: Global Sonar System Market by Region; 2018 (Percentage, %)
3.2 Global Sonar System Market: Application Analysis
3.2.1 Global Defense Sonar System Market by Value
Table 12: Global Defense Sonar System Market by Value; 2017-2018 (US$ Billion)
Table 13: Global Defense Sonar System Market by Value; 2019-2023 (US$ Billion)
3.2.2 Global Defense Sonar System Market by Application (Anti-submarine Warfare, Mine Detection & Countermeasure and Others)
Table 14: Global Defense Sonar System Market by Application; 2018 (Percentage, %)
3.2.3 Global Commercial Sonar System Market by Value
Table 15: Global Commercial Sonar System Market by Value; 2017-2018 (US$ Billion)
Table 16: Global Commercial Sonar System Market by Value; 2019-2023 (US$ Billion)
3.2.4 Global Commercial Sonar System Market by Application (Navigation, Hydrography and Fishing)
Table 17: Global Commercial Sonar System Market by Application; 2018 (Percentage, %)
3.2.5 Global Navigation Commercial Sonar System Market by Value
Table 18: Global Navigation Commercial Sonar System Market by Value; 2018-2023
(US$ Million)
3.2.6 Global Hydrography Commercial Sonar System Market by Value
Table 19: Global Hydrography Commercial Sonar System Market by Value; 2018-2023
(US$ Million)
3.2.7 Global Fishing Commercial Sonar System Market by Value
Table 20: Global Fishing Commercial Sonar System Market by Value; 2018-2023 (US$ Million)
4. Regional Market Analysis
4.1 North America Sonar System Market: An Analysis
4.1.1 North America Sonar System Market by Value
Table 21: North America Sonar System Market by Value; 2017-2018 (US$ Billion)
Table 22: North America Sonar System Market by Value; 2019-2023 (US$ Billion)
4.2 Europe Sonar System Market: An Analysis
4.2.1 Europe Sonar System Market by Value
Table 23: Europe Sonar System Market by Value; 2017-2018 (US$ Million)
Table 24: Europe Sonar System Market by Value; 2019-2023 (US$ Million)
4.3 Asia Pacific Sonar System Market: An Analysis
4.3.1 Asia Pacific Sonar System Market by Value
Table 25: Asia Pacific Sonar System Market by Value; 2017-2018 (US$ Million)
Table 26: Asia Pacific Sonar System Market by Value; 2019-2023 (US$ Million)
4.4 ROW Sonar System Market: An Analysis
4.4.1 ROW Sonar System Market by Value
Table 27: ROW Sonar System Market by Value; 2017-2018 (US$ Million)
Table 28: ROW Sonar System Market by Value; 2019-2023 (US$ Million)
5. Market Dynamics
5.1 Growth Driver
5.1.1 Expanding Maritime Tourism Sector
Table 29: Global Ocean Cruise Passengers; 2013-2019 (Million)
5.1.2 Increasing Seaborne Trade Activities
Table 30: Global Seaborne Trade by Volume; 2017-2023 (Million Tons)
5.1.3 Rise in the New Ship Orders
Table 31: Global Shipbuilding Market; 2018-2025 (US$ Billion)
5.1.4 Growing Use of Sonar System in Fishery Industry
Table 32: Global Fish Exports; 2016-2030 (Thousand Tonnes)
Table 33: Global Fish Imports; 2016-2030 (Thousand Tonnes)
5.1.5 Rising Defense Expenditure
Table 34: Global Military Expenditure by Region; 2017-2018 (US$ Billion)
5.1.6 Increasing Consumption of Oil and Gas
Table 35: Global Total Oil Demand; 2013-2018 (Million Tonnes)
5.2 Challenges
5.2.1 Side Effects on Marine Life from the Usage of Sonar
5.2.2 Shortage of Qualified Professionals in Maritime Industry
5.3 Market Trends
5.3.1 Escalating Demand for Autonomous Underwater Vehicles (UUVs)
Table 36: Global Autonomous Underwater Vehicles (AUVs) Demand by Sector; 2016-2020 (Units)
5.3.2 Growing Popularity of Synthetic Aperture Sonar (SAS)
5.3.3 Increasing Use of Sonars for Anti-submarine Warfare (ASW) Techniques
5.3.4 Rising Focus on Real Time 3D Sonars
6. Competitive Landscape
6.1 Global Sonar System Market Players: A Financial Comparison
Table 37: Global Sonar System Market Players: A Financial Comparison; 2018
6.2 Global Sonar System Market Players by Revenue CAGR
Table 38: Global Sonar System Market Players by Revenue CAGR; 2018-2021 (Percentage, %)
6.3 Global Sonar System Market Players by Research & Development (R&D) Expenses
Table 39: Global Sonar System Market Players by Research & Development (R&D) Expenses; 2016-2018 (US$ Million)
7. Company Profiles
7.1 Thales Group (Thales Underwater Systems)
7.1.1 Business Overview
7.1.2 Financial Overview
Table 40: Thales Group (Thales Underwater Systems) Sales; 2014-2018 (US$ Billion)
Table 41: Thales Group (Thales Underwater Systems) Sales by Segments; 2018
(Percentage, %)
Table 42: Thales Group (Thales Underwater Systems) Sales by Region; 2018 (Percentage, %)
7.1.3 Business Strategy
7.2 Ultra Electronics Holdings plc
7.2.1 Business Overview
7.2.2 Financial Overview
Table 43: Ultra Electronics Holdings plc Revenue; 2014-2018 (US$ Billion)
Table 44: Ultra Electronics Holdings plc Revenue by Segments; 2018 (Percentage, %)
Table 45: Ultra Electronics Holdings plc Revenue by Region; 2018 (Percentage, %)
7.2.3 Business Strategy
7.3 Raytheon Company
7.3.1 Business Overview
7.3.2 Financial Overview
Table 46: Raytheon Company Net Sales; 2014-2018 (US$ Billion)
Table 47: Raytheon Company Net Sales by Segments; 2018 (Percentage, %)
Table 48: Raytheon Company Net Sales by Region; 2018 (Percentage, %)
7.3.3 Business Strategy
7.4 Lockheed Martin Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
Table 49: Lockheed Martin Corporation Net Sales; 2014-2018 (US$ Billion)
Table 50: Lockheed Martin Corporation Net Sales by Segments; 2018 (Percentage, %)
Table 51: Lockheed Martin Corporation Net Sales by Region; 2018 (Percentage, %)
7.4.3 Business Strategy

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