The Sonar Systems Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Sonar Systems Market?
The market size of the sonar systems has seen considerable growth lately. In 2024, it was worth $4.24 billion and is predicted to increase to $4.61 billion in 2025. The compound annual growth rate (CAGR) is at 8.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Sonar Systems Industry?
The Sonar Systems Global Market is predicted to expand to a value of $5.99 billion by 2029, with a Compound Annual Growth Rate of 6.8%.
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What are the Key Growth Drivers Fueling the Sonar Systems Market?
The key drivers in the sonar systems market are:
• Rising popularity and utilization of off-grid solar trackers for power generation
• Increased global demand for energy
• Growing awareness and interest in the environmental benefits of solar power
• Favorable government policies and initiatives promoting solar power use
Global Market Segmentation: Identifying Major Sonar Systems Industry Segments
The sonar systems market covered in this report is segmented –
1) By Product: Hull-Mounted Sonar, Stern-Mounted Sonar, Dipping Sonar, Sonobuoy
2) By Installation: Fixed, Deployable
3) By Acoustic Frequency: Ultrasonic, Infrasonic
4) By Application: Anti-Submarine Warfare, Port Security, Mine Detection and Countermeasure Systems, Search and Rescue, Navigation, Diver Detection, Seabed Terrain Investigation, Scientific
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What are the Emerging Trends Shaping the Future of the Sonar Systems Market?
The key trends in the marine propulsion engines market are:
• Artificial Intelligence (AI) and Machine Learning (ML) are emerging as transformative forces in the sonar systems global market.
• The advancement of 3D sonar imaging and mapping technology is another significant trend.
• The prominence of Counter-Submarine Warfare (ASW) is also shaping the sonar systems market's trajectory.
• Sensor fusion and data integration, along with smart inverters, are key trends visible in this market.
Who Are the Top Competitors & Leading Players in the Sonar Systems Market?
Major companies in the sonar systems market are:
• Ultra Electronics Holdings plc
• Thales Group
• Navico Holding AS
• L3Harris Technologies Inc.
• Atlas Elektronik GmbH
• Kongsberg Gruppen ASA
• Lockheed Martin Corporation
• Teledyne Technologies Incorporated
• Sonardyne International Ltd
• Aselsan Elektronik Sanayi ve Ticaret A.S.
• Furuno Electric Co. Ltd.
• Japan Radio Co. Ltd.
• DSIT Solutions Ltd.
• Northrop Grumman Corporation
• General Dynamics Mission Systems Inc.
• Raytheon Technologies Corporation
• Nautel Limited
• Mistral Solutions Pvt. Ltd.
• thyssenkrupp AG
• Western Marine Electronics Inc.
• Koç Bilgi ve Savunma Teknolojileri A.S.
• SonarTech Underwater Systems LLC
• Meteksan Defense Industry Inc.
• GeoSpectrum Technologies Inc.
• Koc Bilgi ve Savunma Teknolojileri AS
Regional Dominance: Which Area Leads the Global Sonar Systems Market?
North America was the largest region in the sonar systems market in 2024
