Global Towed Array Sonar Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

SKU ID : GIR- 23548483

Publishing Date : 19-Apr-2023

No. of pages : 101

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  • A towed array sonar is a system of hydrophones towed behind a submarine or a surface ship on a cable. Trailing the hydrophones behind the vessel, on a cable that can be kilometers long, keeps the array's sensors away from the ship's own noise sources, greatly improving its signal-to-noise ratio, and hence the effectiveness of detecting and tracking faint contacts, such as quiet, low noise-emitting submarine threats, or seismic signals.
    The Towed Array Sonar industry can be broken down into several segments, Active Sonar, Passive Sonar, etc.
    Across the world, the major players cover Kongsberg, Ultra Electronics, Cohort, Klein Marine Systems, Tritech, CMIE, Dynamics Mission Systems, Imagenex, NORBIT, L3Harris Technologies, etc.

    According to our Researcher latest study, the global Towed Array Sonar market size was valued at USD 1427.3 million in 2022 and is forecast to a readjusted size of USD 2340.5 million by 2029 with a CAGR of 7.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

    Global core towed array sonar manufacturers include Lockheed Martin, Raytheon etc.The top 3 companies hold a share about 60%.Asia Pacific is the largest market, with a share about 40%, followed by North America and Europe with the share about 22% and 21%.In terms of product, passive sonar is the largest segment, with a share over 50%. And in terms of application, the largest application is surface vessels, followed by submarines.

    This report is a detailed and comprehensive analysis for global Towed Array Sonar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

    Key Features:

    Global Towed Array Sonar market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (Million US$/Unit), 2018-2029

    Global Towed Array Sonar market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (Million US$/Unit), 2018-2029

    Global Towed Array Sonar market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (Million US$/Unit), 2018-2029

    Global Towed Array Sonar market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (Million US$/Unit), 2018-2023

    The Primary Objectives in This Report Are:

    To determine the size of the total market opportunity of global and key countries

    To assess the growth potential for Towed Array Sonar

    To forecast future growth in each product and end-use market

    To assess competitive factors affecting the marketplace

    This report profiles key players in the global Towed Array Sonar market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lockheed Martin, Raytheon, Thales, L3Harris Technologies and Leonardo, etc.

    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

    Market Segmentation

    Towed Array Sonar market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

    Market segment by Type

    Passive Sonar

    Active Sonar

    Market segment by Application

    Surface Vessels

    Submarines

    Others

    Major players

    covered

    Lockheed Martin

    Raytheon

    Thales

    L3Harris Technologies

    Leonardo

    Ultra Electronics

    Atlas Elektronik

    Kongsberg

    CMIE

    Cohort

    DSIT Solutions

    GeoSpectrum Technologies

    SAES

    Market segment by region, regional analysis covers

    North America (United States, Canada and Mexico)

    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

    South America (Brazil, Argentina, Colombia, and Rest of South America)

    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

    The content of the study subjects, includes a total of 15 chapters:



    Chapter 1, to describe Towed Array Sonar product scope, market overview, market estimation caveats and base year.

    Chapter 2, to profile the top manufacturers of Towed Array Sonar, with price, sales, revenue and global market share of Towed Array Sonar from 2018 to 2023.

    Chapter 3, the Towed Array Sonar competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

    Chapter 4, the Towed Array Sonar breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

    Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Towed Array Sonar market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

    Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

    Chapter 13, the key raw materials and key suppliers, and industry chain of Towed Array Sonar.

    Chapter 14 and 15, to describe Towed Array Sonar sales channel, distributors, customers, research findings and conclusion.


    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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