Abstract
Summary
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.
LPI (LP Information)' newest research report, the “Towed Array Sonar System Industry Forecast” looks at past sales and reviews total world Towed Array Sonar System sales in 2022, providing a comprehensive analysis by region and market sector of projected Towed Array Sonar System sales for 2023 through 2029. With Towed Array Sonar System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Towed Array Sonar System industry.
This Insight Report provides a comprehensive analysis of the global Towed Array Sonar System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Towed Array Sonar System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Towed Array Sonar System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Towed Array Sonar System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Towed Array Sonar System.
The global Towed Array Sonar System market size is projected to grow from US$ 1357 million in 2022 to US$ 1946.8 million in 2029; it is expected to grow at a CAGR of 5.3% from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Towed Array Sonar System market by product type, application, key players and key regions and countries.
Market Segmentation:
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
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.
LPI (LP Information)' newest research report, the “Towed Array Sonar System Industry Forecast” looks at past sales and reviews total world Towed Array Sonar System sales in 2022, providing a comprehensive analysis by region and market sector of projected Towed Array Sonar System sales for 2023 through 2029. With Towed Array Sonar System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Towed Array Sonar System industry.
This Insight Report provides a comprehensive analysis of the global Towed Array Sonar System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Towed Array Sonar System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Towed Array Sonar System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Towed Array Sonar System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Towed Array Sonar System.
The global Towed Array Sonar System market size is projected to grow from US$ 1357 million in 2022 to US$ 1946.8 million in 2029; it is expected to grow at a CAGR of 5.3% from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Towed Array Sonar System market by product type, application, key players and key regions and countries.
Market Segmentation:
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
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 2018-2029
2.1.2 Towed Array Sonar System Market Size CAGR by Region 2018 VS 2022 VS 2029
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 (2018 VS 2022 VS 2029)
2.3.2 Global Towed Array Sonar System Market Size Market Share by Type (2018-2023)
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 (2018 VS 2022 VS 2029)
2.5.2 Global Towed Array Sonar System Market Size Market Share by Application (2018-2023)
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 (2018-2023)
3.1.2 Global Towed Array Sonar System Revenue Market Share by Players (2018-2023)
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) & (2021-2023)
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 (2018-2023)
4.2 Americas Towed Array Sonar System Market Size Growth (2018-2023)
4.3 APAC Towed Array Sonar System Market Size Growth (2018-2023)
4.4 Europe Towed Array Sonar System Market Size Growth (2018-2023)
4.5 Middle East & Africa Towed Array Sonar System Market Size Growth (2018-2023)
5 Americas
5.1 Americas Towed Array Sonar System Market Size by Country (2018-2023)
5.2 Americas Towed Array Sonar System Market Size by Type (2018-2023)
5.3 Americas Towed Array Sonar System Market Size by Application (2018-2023)
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 (2018-2023)
6.2 APAC Towed Array Sonar System Market Size by Type (2018-2023)
6.3 APAC Towed Array Sonar System Market Size by Application (2018-2023)
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 (2018-2023)
7.2 Europe Towed Array Sonar System Market Size by Type (2018-2023)
7.3 Europe Towed Array Sonar System Market Size by Application (2018-2023)
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 (2018-2023)
8.2 Middle East & Africa Towed Array Sonar System Market Size by Type (2018-2023)
8.3 Middle East & Africa Towed Array Sonar System Market Size by Application (2018-2023)
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 (2024-2029)
10.1.1 Global Towed Array Sonar System Forecast by Regions (2024-2029)
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 (2024-2029)
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 (2024-2029)
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 (2024-2029)
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 (2024-2029)
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 (2024-2029)
10.7 Global Towed Array Sonar System Forecast by Application (2024-2029)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
11.13.4 SAES Main Business Overview
11.13.5 SAES Latest Developments
12 Research Findings and Conclusion