Scope of the Study
Sonar (Sound Navigation and Ranging) system is electronic device used to Navigate and communicate with object using sound transmission under the surface of water. Sonar system is working by using echo. When any animal or machine makes noise, sonar system sends sound waves to object around it. Sonar System primarily used to detect noise of marine animal such as whales. Additionally, the operative usage of sonar systems confirms effective exploration and mapping of oceans by using sound waves. Sonar system has various usage such as defense, fishing, hydrographic research and oil and gas exploration. There are two type of sonar system including active sonar and passive sonar. In active sonar, the system releases a pulse of sound and then the operator listens for reverberations. In passive sonar, the worker listens to noises released by the object one is trying to locate.
The market study is being classified by Type (General-Purpose Hull Mounted Sonar, Seabed Imaging and Information Sonar, Stern Mounted Sonar, Dipping Sonar and Others), by Application (Commercial, Military, Scientific Exploration and Other) and major geographies with country level break-up. According to AMA, the Global Sonar System market is expected to see growth rate of 6.3%
Kongsberg Gruppen ASA (Norway), Lockheed Martin Corporation (United States), ATLAS ELEKTRONIK GmbH (Germany), Furuno Electric Co., Ltd. (Japan), Navico (Norway), Thales Group (France), Ultra Electronics (United Kingdom), Northrop Grumman (United States), Raytheon (United States) and Exelis (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Sonardyne (United Kingdom), L-3 Klein Associates (United States), Teledyne (United States), DSME (South Korea), Edge Tech (United States), Haiying-Cal (China) and HITARGET (China).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Sonar System market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Sonar System market by Type, Application and Region.
On the basis of geography, the market of Sonar System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Single Beam Scanning Sonar System will boost the Sonar System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Frequency, the sub-segment i.e. Infrasonic will boost the Sonar System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand in Fishery Industry
- Increasing Number of Marine Defense Ship
- Adoption of Integrated Sonar System
- Growing Dependency on High-Resolution Imaging for Seabed Mapping
- Contrary Effects of Sonar Systems on Marine Life
- Up Surging Demand in Defense Sector
- Fueling Demand of Unmanned Underwater Vehicles for Defense Applications
Market Leaders and their expansionary development strategies
On 6th July 2018, Kongsberg Gruppen ASA (KONGSBERG) has acquired Rolls-Royce Commercial Marine, leading global player of maritime operations.
On 5th December 2018, Lockheed Martin Corporation has offers 360-degree detection capability and situational awareness with high frequency passive sonar. Which is helping submarine commanders to improve their tactical control when working in harbors, shallow-water coastal zones as well as in the open ocean.
Key Target AudienceSonar System Equipment Suppliers, Sonar System Manufacturers, Sonar Training Bodies, Software/Hardware/Service Providers, Technology Developers, Regulatory Bodies, Shipping Industry, Defense and Military Industry, Government and Private Research Institutes and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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