Towed Array Sonar market

Towed Array Sonar Market, Global Outlook and Forecast 2023-2030

  • 23 January 2023
  • Chemicals and Materials
  • 79 Pages
  • Report code : PMR-7541604

  • 4.7 (158)

Towed Array Sonar Market

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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.

Towed Array Sonar Market contains market size and forecasts of Towed Array Sonar in global, including the following market information:

Global Towed Array Sonar Market Revenue, 2018-2023, 2023-2030, ($ millions)

Global Towed Array Sonar Market Sales, 2018-2023, 2023-2030, (Units)

Global top five Towed Array Sonar companies in 2022 (%)

The global Towed Array Sonar market was valued at 1427.3 million in 2022 and is projected to reach US$ 2340.5 million by 2030, at a CAGR of 7.3% during the forecast period 2023-2030.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.

Passive Sonar Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Towed Array Sonar include Lockheed Martin, Raytheon, Thales, L3Harris Technologies, Leonardo, Ultra Electronics, Atlas Elektronik, Kongsberg and CMIE, etc. In 2022, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Towed Array Sonar manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Towed Array Sonar Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Units)

Global Towed Array Sonar Market Segment Percentages, by Type, 2022 (%)

Passive Sonar

Active Sonar

Global Towed Array Sonar Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Units)

Global Towed Array Sonar Market Segment Percentages, by Application, 2022 (%)

Surface Vessels

Submarines

Others

Global Towed Array Sonar Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Units)

Global Towed Array Sonar Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Towed Array Sonar revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Towed Array Sonar revenues share in global market, 2022 (%)

Key companies Towed Array Sonar sales in global market, 2018-2023 (Estimated), (Units)

Key companies Towed Array Sonar sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Lockheed Martin

Raytheon

Thales

L3Harris Technologies

Leonardo

Ultra Electronics

Atlas Elektronik

Kongsberg

CMIE

Cohort

DSIT Solutions

GeoSpectrum Technologies

SAES

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