Global Towed Array Sonar System Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI10246933

Publication Date:

October 9, 2024

Pages:

113

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Towed Array Sonar System market size was valued at US$ 1357 million in 2023. With growing demand in downstream market, the Towed Array Sonar System is forecast to a readjusted size of US$ 1946.8 million by 2030 with a CAGR of 5.3% during review period.
The research report highlights the growth potential of the global Towed Array Sonar System market. Towed Array Sonar System are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Towed Array Sonar System. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Towed Array Sonar System market.
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.
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 23%.
Key Features:
The report on Towed Array Sonar System market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Towed Array Sonar System market. It may include historical data, market segmentation by Type (e.g., Passive Sonar, Active Sonar), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Towed Array Sonar System market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Towed Array Sonar System market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Towed Array Sonar System industry. This include advancements in Towed Array Sonar System technology, Towed Array Sonar System new entrants, Towed Array Sonar System new investment, and other innovations that are shaping the future of Towed Array Sonar System.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Towed Array Sonar System market. It includes factors influencing customer ' purchasing decisions, preferences for Towed Array Sonar System product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Towed Array Sonar System market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Towed Array Sonar System market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Towed Array Sonar System market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Towed Array Sonar System industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Towed Array Sonar System market.
Market Segmentation:
Towed Array Sonar System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Passive Sonar
Active Sonar
Segmentation by application
Surface Vessels
Submarines
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lockheed Martin
Raytheon
Thales
L3Harris Technologies
Leonardo
Ultra Electronics
Atlas Elektronik
Kongsberg
CMIE
Cohort
DSIT Solutions
GeoSpectrum Technologies
SAES

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Towed Array Sonar System Market Size 2019-2030
2.1.2 Towed Array Sonar System Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Towed Array Sonar System Segment by Type
2.2.1 Passive Sonar
2.2.2 Active Sonar
2.3 Towed Array Sonar System Market Size by Type
2.3.1 Towed Array Sonar System Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Towed Array Sonar System Market Size Market Share by Type (2019-2024)
2.4 Towed Array Sonar System Segment by Application
2.4.1 Surface Vessels
2.4.2 Submarines
2.4.3 Others
2.5 Towed Array Sonar System Market Size by Application
2.5.1 Towed Array Sonar System Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Towed Array Sonar System Market Size Market Share by Application (2019-2024)
3 Towed Array Sonar System Market Size by Player
3.1 Towed Array Sonar System Market Size Market Share by Players
3.1.1 Global Towed Array Sonar System Revenue by Players (2019-2024)
3.1.2 Global Towed Array Sonar System Revenue Market Share by Players (2019-2024)
3.2 Global Towed Array Sonar System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Towed Array Sonar System by Regions
4.1 Towed Array Sonar System Market Size by Regions (2019-2024)
4.2 Americas Towed Array Sonar System Market Size Growth (2019-2024)
4.3 APAC Towed Array Sonar System Market Size Growth (2019-2024)
4.4 Europe Towed Array Sonar System Market Size Growth (2019-2024)
4.5 Middle East & Africa Towed Array Sonar System Market Size Growth (2019-2024)
5 Americas
5.1 Americas Towed Array Sonar System Market Size by Country (2019-2024)
5.2 Americas Towed Array Sonar System Market Size by Type (2019-2024)
5.3 Americas Towed Array Sonar System Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Towed Array Sonar System Market Size by Region (2019-2024)
6.2 APAC Towed Array Sonar System Market Size by Type (2019-2024)
6.3 APAC Towed Array Sonar System Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Towed Array Sonar System by Country (2019-2024)
7.2 Europe Towed Array Sonar System Market Size by Type (2019-2024)
7.3 Europe Towed Array Sonar System Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Towed Array Sonar System by Region (2019-2024)
8.2 Middle East & Africa Towed Array Sonar System Market Size by Type (2019-2024)
8.3 Middle East & Africa Towed Array Sonar System Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Towed Array Sonar System Market Forecast
10.1 Global Towed Array Sonar System Forecast by Regions (2025-2030)
10.1.1 Global Towed Array Sonar System Forecast by Regions (2025-2030)
10.1.2 Americas Towed Array Sonar System Forecast
10.1.3 APAC Towed Array Sonar System Forecast
10.1.4 Europe Towed Array Sonar System Forecast
10.1.5 Middle East & Africa Towed Array Sonar System Forecast
10.2 Americas Towed Array Sonar System Forecast by Country (2025-2030)
10.2.1 United States Towed Array Sonar System Market Forecast
10.2.2 Canada Towed Array Sonar System Market Forecast
10.2.3 Mexico Towed Array Sonar System Market Forecast
10.2.4 Brazil Towed Array Sonar System Market Forecast
10.3 APAC Towed Array Sonar System Forecast by Region (2025-2030)
10.3.1 China Towed Array Sonar System Market Forecast
10.3.2 Japan Towed Array Sonar System Market Forecast
10.3.3 Korea Towed Array Sonar System Market Forecast
10.3.4 Southeast Asia Towed Array Sonar System Market Forecast
10.3.5 India Towed Array Sonar System Market Forecast
10.3.6 Australia Towed Array Sonar System Market Forecast
10.4 Europe Towed Array Sonar System Forecast by Country (2025-2030)
10.4.1 Germany Towed Array Sonar System Market Forecast
10.4.2 France Towed Array Sonar System Market Forecast
10.4.3 UK Towed Array Sonar System Market Forecast
10.4.4 Italy Towed Array Sonar System Market Forecast
10.4.5 Russia Towed Array Sonar System Market Forecast
10.5 Middle East & Africa Towed Array Sonar System Forecast by Region (2025-2030)
10.5.1 Egypt Towed Array Sonar System Market Forecast
10.5.2 South Africa Towed Array Sonar System Market Forecast
10.5.3 Israel Towed Array Sonar System Market Forecast
10.5.4 Turkey Towed Array Sonar System Market Forecast
10.5.5 GCC Countries Towed Array Sonar System Market Forecast
10.6 Global Towed Array Sonar System Forecast by Type (2025-2030)
10.7 Global Towed Array Sonar System Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Lockheed Martin
11.1.1 Lockheed Martin Company Information
11.1.2 Lockheed Martin Towed Array Sonar System Product Offered
11.1.3 Lockheed Martin Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Lockheed Martin Main Business Overview
11.1.5 Lockheed Martin Latest Developments
11.2 Raytheon
11.2.1 Raytheon Company Information
11.2.2 Raytheon Towed Array Sonar System Product Offered
11.2.3 Raytheon Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Raytheon Main Business Overview
11.2.5 Raytheon Latest Developments
11.3 Thales
11.3.1 Thales Company Information
11.3.2 Thales Towed Array Sonar System Product Offered
11.3.3 Thales Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Thales Main Business Overview
11.3.5 Thales Latest Developments
11.4 L3Harris Technologies
11.4.1 L3Harris Technologies Company Information
11.4.2 L3Harris Technologies Towed Array Sonar System Product Offered
11.4.3 L3Harris Technologies Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 L3Harris Technologies Main Business Overview
11.4.5 L3Harris Technologies Latest Developments
11.5 Leonardo
11.5.1 Leonardo Company Information
11.5.2 Leonardo Towed Array Sonar System Product Offered
11.5.3 Leonardo Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Leonardo Main Business Overview
11.5.5 Leonardo Latest Developments
11.6 Ultra Electronics
11.6.1 Ultra Electronics Company Information
11.6.2 Ultra Electronics Towed Array Sonar System Product Offered
11.6.3 Ultra Electronics Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Ultra Electronics Main Business Overview
11.6.5 Ultra Electronics Latest Developments
11.7 Atlas Elektronik
11.7.1 Atlas Elektronik Company Information
11.7.2 Atlas Elektronik Towed Array Sonar System Product Offered
11.7.3 Atlas Elektronik Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Atlas Elektronik Main Business Overview
11.7.5 Atlas Elektronik Latest Developments
11.8 Kongsberg
11.8.1 Kongsberg Company Information
11.8.2 Kongsberg Towed Array Sonar System Product Offered
11.8.3 Kongsberg Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Kongsberg Main Business Overview
11.8.5 Kongsberg Latest Developments
11.9 CMIE
11.9.1 CMIE Company Information
11.9.2 CMIE Towed Array Sonar System Product Offered
11.9.3 CMIE Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 CMIE Main Business Overview
11.9.5 CMIE Latest Developments
11.10 Cohort
11.10.1 Cohort Company Information
11.10.2 Cohort Towed Array Sonar System Product Offered
11.10.3 Cohort Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Cohort Main Business Overview
11.10.5 Cohort Latest Developments
11.11 DSIT Solutions
11.11.1 DSIT Solutions Company Information
11.11.2 DSIT Solutions Towed Array Sonar System Product Offered
11.11.3 DSIT Solutions Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 DSIT Solutions Main Business Overview
11.11.5 DSIT Solutions Latest Developments
11.12 GeoSpectrum Technologies
11.12.1 GeoSpectrum Technologies Company Information
11.12.2 GeoSpectrum Technologies Towed Array Sonar System Product Offered
11.12.3 GeoSpectrum Technologies Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 GeoSpectrum Technologies Main Business Overview
11.12.5 GeoSpectrum Technologies Latest Developments
11.13 SAES
11.13.1 SAES Company Information
11.13.2 SAES Towed Array Sonar System Product Offered
11.13.3 SAES Towed Array Sonar System Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 SAES Main Business Overview
11.13.5 SAES Latest Developments
12 Research Findings and Conclusion

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