Market Size (2018)
2018
$2.65B
Aerospace
Sonar Systems and Technology Market
By Segment, By Region, And Segment Forecasts, 2018 – 2025
Vertical: AnDBase Year: 20189 Sections
Executive Summary
Sonar Systems and Technology Market — Snapshot
Projected (2025)
2025
$4.21B
CAGR (2018–2025)
6.9%
6.9%Key Players
107+
The global sonar systems and technology market is expected to grow at a significant rate during the forecast period due to the increase in demand for sonar systems by the naval forces in emerging economies. Defense authorities across the world are focused on purchasing advanced sonar systems, especially in countries that are currently involved in conflicts and territorial disputes. These systems are used for anti-submarine warfare, which is driving market growth.
Key Insight
The Sonar Systems and Technology Market market is projected to grow at a CAGR of 6.9% from 2018 to 2025.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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What this report covers
- Geographic Coverage: This analysis covers 5 regions: Middle East and Africa, North America, Asia Pacific, Europe, South America.
- Market Segmentation: The market is analyzed across key segments with forecasts from 2018 to 2025.
- Competitive Landscape: 107 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Sonar Systems and Technology Market — Growth Trajectory
Sonar systems and technologies are used for military and commercial applications including mine detection, diver detection, port security, and hydrography. The report covers sonar for active, passive, and dual modes of operation. It also covers hardware and software solutions for sonar systems and technologies.
Market Size Trend (USD Mn)
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View Subscription PlansMarket Dimensions
How this market is segmented
- Product Type Product Type is broken down into: Hull-Mounted Sonar, Stern-Mounted Sonar, Dipping Sonar, Sonobuoy.
- Mode of Operation Mode of Operation is broken down into: Active, Passive, Dual.
- Solution Solution is broken down into: Hardware, Software.
- Application Application is broken down into: Defense, Commercial.
Geographic Analysis
Regional market breakdown
- Middle East and Africa Middle East and Africa market size reached $139.90M in 2018 and is projected to reach $257.90M by 2025, growing at a CAGR of 9.1%.
- North America North America market size reached $1.43B in 2018 and is projected to reach $2.07B by 2025, growing at a CAGR of 5.5%.
- Asia Pacific Asia Pacific market size reached $188.90M in 2018 and is projected to reach $354.90M by 2025, growing at a CAGR of 9.4%.
- Europe Europe market size reached $851.30M in 2018 and is projected to reach $1.46B by 2025, growing at a CAGR of 8.0%.
- South America South America market size reached $37.80M in 2018 and is projected to reach $69.10M by 2025, growing at a CAGR of 9.0%.
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View Subscription PlansResearch Methodology
Sonar Systems and Technology Market — How We Researched This Market
Market Research Future analysis is based on interviews with industry experts who offer insight into the market structure, market segmentation, technology assessment, competitive landscape (CL), market penetration, as well as the emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on years of professional expertise in their respective industries. Our analysts also predict where the market will be headed in the next five to 10 years, by analyzing historical trends and the current market position. Furthermore, the varying trends in segments and categories in each region are studied and estimated based on primary and secondary research.
MARKET SIZE ESTIMATION
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of the overall global Connected Aircraft market. The key players in the market were identified through secondary research, and their market contributions in different applications across the globe were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Market Research Future added before being presented in this report. The following figure shows an illustrative representation of the overall market size estimation process employed for the purpose of this study.
Base Year
2018
Historical Period
2018 – 2018
Forecast Period
2018 – 2025
Primary Interviews
150+
Research Process
Historical data (2018–2018) and forecast period (2018–2025)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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View Subscription PlansCompetitive Landscape & Porter's Five Forces
Sonar Systems and Technology Market — Competitive Analysis
Threat of New Entrants
The global sonar systems and technology market is expected to grow at a considerable rate during the forecast period. The need for modest initial investments, easy formation of a client base, high profit margins, and moderate technological requirements facilitate the entry of new players in the market. However, the presence of a number of established players and an extremely high level of competition pose as entry barriers. Therefore, new entrants present a moderate threat to the major stakeholders in the market.
Bargaining Power of Suppliers
In this market, the suppliers include providers of components such as sensors transmitters, receivers, transducers, casing, displays, and other basic components. The supplier concentration in the market is high. However, the suppliers are subject to stringent regulatory review and the components need to be certified suitable for maritime applications. This limits the number of key suppliers in the market. Moreover, manufacturers of sonar systems tend to form long-term agreements with suppliers of components, which increases switching costs. This results in a moderate bargaining power of suppliers in the market.
1.1.3 Bargaining Power of Buyers
The buyers in the global sonar systems and technology market are commercial and defense end users. There are a number of buyers in the global sonar systems and technology market. However, these buyers are highly reliant on successful and established manufacturers that provide sonar systems and technology. Moreover, there is moderate product differentiation in the market. Hence, the bargaining power of buyers in the global sonar systems and technology market is projected to be low.
Threat of Substitutes
Sonar systems are used to navigate and communicate with or detect objects on or under the surface of the water. Presently, integrated undersea surveillance systems and non-acoustic submarine detection technologies are some of the substitutes for sonar systems and technology. However, sonar systems are more widely used than these substitutes and the adoption of sonar systems and technology has been steadily increasing over the last few years. Thus, the threat of substitutes in the market is expected to be moderate during the forecast period.
Rivalry
There is intense competition among the existing players in the market with manufacturers investing heavily in the research and development of high-quality, advanced, and cost-effective systems. Moreover, due to the increase in the use of sonar for anti-submarine warfare, along with improved safety standards at sea, the rivalry for market share is set to increase. Thus, the rivalry in the market is projected to be high during the review period.
Quantitative Analysis
Regional Breakdown
Regional market breakdown for Sonar Systems and Technology Market.
Regional Market Size (USD Mn)
Market estimates by geography (2025)
USD Mn
InsightNorth America leads with $2.07B by 2025, while Asia Pacific is projected to grow fastest at a 9.4% CAGR.
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View Subscription PlansRegional Market Data
| REGION | 2018 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| Middle East and Africa | $139.90M | $198.50M | $257.90M | 9.1% | 6% |
| North America | $1.43B | $1.77B | $2.07B | 5.5% | 49% |
| Asia Pacific | $188.90M | $270.80M | $354.90M | 9.4% | 8% |
| Europe | $851.30M | $1.16B | $1.46B | 8.0% | 35% |
| South America | $37.80M | $57.60M | $69.10M | 9.0% | 2% |
| Total | $2.65B | $3.45B | $4.21B | 6.9% | 100% |
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Analytics
Sonar Systems and Technology Market — Key Findings
Analytical insights on Sonar Systems and Technology Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Sonar Systems and Technology Market market is projected to reach $4.21B by 2025, growing at 6.9% CAGR.
Market Dynamics
The global sonar systems and technology market is growing at a rapid rate due to increased military spending and the widespread use of sonar for anti-submarine warfare and surge in international seaborne trade. The improved safety standards at sea and upgrade of fishing vessels are also fueling market growth. However, the impact on marine life is expected to hamper the growth of the market during the forecast period.
Market Drivers
Globally, military spending has increased significantly in recent years. According to the Stockholm International Peace Research Institute (SIPRI), global military expenditure rose by 1.1% to approximately USD 1.74 trillion from 2016 to 2017. During the same period, China, Saudi Arabia, and India increased military spending by 5.6%, 9.2%, and 5.5%, respectively. Furthermore, India overtook the UK to become the fifth-largest defense spender in the world. Although there was a slight decline in US defense spending, it is estimated that the US will spend significantly more on its military for the next two years, with a focus on the modernization of conventional systems. Other countries have also announced plans to invest in advanced technologies and are focusing on expanding, modernizing, and enhancing the operational capabilities of their armed forces.
The governments of countries around the world are modernizing their naval defense units by incorporating submarines, surface-mine countermeasure unmanned underwater vehicles, and other combat and tactical unmanned underwater vehicles. This rise in underwater warfare activities is leading militaries to deploy sonar systems. Countries such as the US, China, and India are deploying sonar systems to detect underwater threats. In July 2019, the US Navy signed a contract of worth USD 1 billion with ERAPSCO, a joint venture of Sparton and Ultra Electronics, to build and deliver 932,500 sonobuoys—a relatively small buoy expendable sonar system that is dropped/ejected from aircraft or ships for anti-submarine warfare or underwater acoustic research. Likewise, in 2018, the Indian Navy awarded a contract to Atlas Elektronik to deliver six-low frequency Active Towed Array Sonar (ACTAS) systems for the Kamorta-class corvettes to detect enemy submarines. Therefore, the increase in military spending is expected to drive the demand for sonar systems and technology for anti-submarine warfare.
Market Opportunities
Coastal and maritime tourism is a vital part of the global tourism sector. This industry has been experiencing significant growth globally. According to a 2014 European Commission report, coastal and maritime tourism is the largest maritime activity in Europe and employs almost 3.2 million people, generating a total of approximately USD 212 billion (EUR 183 billion) in gross value added and representing over one-third of the maritime economy. Moreover, the UAE saw its maritime tourists and cruises increase significantly by 15% and 18%, respectively, from 2016 to 2017. Furthermore, according to the Cruise Lines International Association (CLIA), the global cruise industry will continue to see steady growth in 2018 with more than two dozen deliveries scheduled to keep pace with demand. The Chinese government has earmarked cruise shipbuilding as a major objective in its Made in China 2025 program to upgrade domestic manufacturing.
These factors will necessitate the demand for advanced safety and security systems such as ship security reporting, automatic identification, global maritime distress safety, long-range tracking and identification, and sonar systems. Hence, the rise in coastal and maritime tourism is likely to be an opportunity for growth for players in the global sonar systems and technology market during the forecast period.
Market Restraints
Ocean noise includes everything from noise pollution from ships to low-frequency sonar. The effect of underwater noise pollution is catastrophic for whales, dolphins, and other marine animals. Ocean noise pollution can lead to deaths due to hemorrhage, migration to other areas, changed diving patterns, damage to internal organs, and an overall panic response to foreign sounds. It can also disturb normal communication between marine animals. Moreover, the death of animals can occur mere hours after exposure to extreme underwater noise. Therefore, the governments of various countries have laid down specific regulations for the use of sonar. This is expected to limit the use of sonar systems and restrict sonar exercises, thereby hindering the growth of the global sonar systems and technology market.
Strategic Outlook and Future Directions
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Companies
Key companies profiled in Sonar Systems and Technology Market
Profiles of 107 companies operating in the Sonar Systems and Technology Market market, including revenue, employee count, and market positioning where available.
Showing 107 of 107 companies
WÄRTSILÄ
WÄRTSILÄ
Aerospace
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions that caters to the requirements of marine and energy industries. It operates through three segments, namely, marine solutions, energy solutions, and services. The company provides diesel gensets under the marine business segment. This segment is engaged in developing products such as ship machinery, propulsion, & maneuvering solutions including engines and generating sets, reduction gears, propulsion equipment, control systems, and sealing solutions for all types of vessels, traditional merchant vessels, gas carriers, cruise & ferry, navy, and special vessels. Moreover, the company has three key customer segments including utilities, independent power producers (IPPs), and industrial customers. Wärtsilä has operations in more than 200 locations across worldwide including the countries of the US, the UK, Canada, Brazil, Germany, Denmark, Italy, Spain, India, China, Japan, and Australia. It has a significant presence in the marine industry in the UK, Russia, China, and a few East Asian countries. Some of its subsidiaries are Wärtsilä Danmark A/S, Wärtsilä Finland Oy, Wärtsilä UK Ltd, Wärtsilä Italia S.p.A, Wärtsilä North America, Inc., Wärtsilä India Ltd, Wärtsilä Propulsion (Wuxi) Co. Ltd., and Wärtsilä LLC. It primarily competes with companies such as MAN Energy Solutions, Caterpillar Inc, and HHI Engine & Machinery Division.
Revenue$5.1B
EmployeesN/A
Market CapN/A
FoundedN/A
United States, North America
ULTRA ELEC
ULTRA ELECTRONICS
Aerospace
Company Headquarters: Greenford, London, UK Founded: 1920 Workforce: ~4,100 Company Working: Ultra Electronics offers a wide range of specialist capabilities, generating highly-differentiated solutions and products in the security & cyber, defense & aerospace, transport, and energy markets. It provides support to its customers through the design, delivery, and support phases of a program. It focuses on a high degree of operational autonomy to provide quality products and aftersales support to customers and partners. Operationally, the group is organized into three major divisions, namely aerospace & infrastructure, communications & security, and maritime & land. The firm provides sonar systems under its maritime & land segment.
Revenue$0.8B
Employees4,100
Market CapN/A
Founded1919
Greenford, London, UK
ASELSAN AŞ
ASELSAN AŞ
Aerospace
Company Headquarters: Yenimahalle, Türkiye Founded: 1975 Workforce: ~ 9,460 Company Working: ASELSAN A.Ş. is a leading Turkish defense electronics company, specializing in the design, development, production, and integration of advanced defense and security systems. The company's primary focus is on developing and manufacturing advanced technologies for the defense industry, including communication systems, radar systems, electronic warfare systems, electro-optic systems, avionics, naval systems, command and control systems, and homeland security solutions. ASELSAN's products and solutions are designed to enhance the capabilities of military forces, ensure national security, and contribute to the defense and surveillance needs of Turkey and its allies. ASELSAN operates across various sectors, including land, naval, and aerospace systems, offering a wide range of solutions for both military and civilian applications. The company has extensive expertise in developing high-tech defense systems that integrate various technologies, such as software-defined radios, integrated sensor systems, guided missiles, laser systems, and autonomous platforms.
Revenue$0.0B
Employees9,460
Market CapN/A
Founded1974
Yenimahalle, Türkiye
KONGSBERG
KONGSBERG MARITIME
Aerospace
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Revenue$1.8B
Employees6,900
Market CapN/A
Founded1915
Kirkegardsveien, Kongsberg, Norway
Thales Gro
Thales Group
Aerospace
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Revenue$18.5B
EmployeesN/A
Market CapN/A
FoundedN/A
United States, North America
Raytheon C
Raytheon Company
Aerospace
Company Headquarters: Waltham, Massachusetts, US Founded: 1922 Workforce: ~60,000 Company Working: Raytheon Company develops combined products, services, and solutions for defense and other government sectors worldwide. It operates through five segments, namely integrated defense systems (IDS), intelligence, information, and services (IIS), missile systems (MS), space and airborne systems (SAS), and force point. The IDS segment provides integrated airborne and missile systems; land and sea-based radar solutions; control, computers, communications, cyber, and intelligence solutions; and ship electronic systems. The IIS segment provides a number of technical and professional services, such as intelligence, surveillance, and reconnaissance, navigation, cybersecurity, analytics, training, logistics, mission support, and air traffic management systems. The SAS segment offers secure sensor solutions, intelligence, surveillance, and reconnaissance systems (ISRS), electronic warfare systems, space systems, and integrated communication systems. It assists the US Department of Defense (DOD), the US Intelligence Community, the US Armed Forces, National Oceanic and Atmospheric Administration, Federal Aviation Administration, Department of Homeland Security, National Aeronautics and Space Administration, and other international customers.
Revenue$23.3B
Employees60,000
Market CapN/A
Founded1921
Waltham, Massachusetts, US
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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Sonar Systems and Technology Market
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