Sonar Systems and Technology Market Research Report Information by Product Type (Hull-Mounted Sonar, Stern-Mounted Sonar, Dipping Sonar, and Sonobuoy), Mode of Operation (Active, Passive and Dual), Solution (Hardware and Software), Application (Defense [Anti-Submarine Warfare, Port Security, Diver Detection, Mine Detection, and Countermeasure Systems, Search & Rescue ] Commercial [Fisheries, Hydrography, and Navigation]) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) - Forecast 2030

Sonar Systems Technology Market Summary

As per Market Research Future Analysis, the Global Sonar Systems and Technology Market is valued at USD 6.15 Billion and is projected to grow at a CAGR of 2% from 2023 to 2030. The market is driven by the increasing demand for advanced military equipment, particularly in naval forces, and the need for enhanced security against underwater threats. The COVID-19 pandemic caused a moderate decline in growth due to disruptions in manufacturing and supply chains. However, the market is expected to recover as defense sectors continue to invest in sonar systems for naval operations. Key segments include hull-mounted sonar, active mode of operation, and defense applications, which are anticipated to witness significant growth.

Key Market Trends & Highlights

The Sonar Systems and Technology Market is experiencing notable trends and opportunities.

• Market Growth Rate: Expected CAGR of 6.88% with a projected value of USD 4,214.4 Million by 2025.
• Key Drivers: Increased military vessel deliveries and trading activities through water bodies.
• Market Challenges: Transition from 2D to 3D sonar processing presents significant challenges.
• Emerging Opportunities: Rising adoption of Unmanned Underwater Vehicles (UUVs) for marine activities.

Market Size & Forecast

Current Market Size: USD 6.15 Billion

Forecasted CAGR: 2% from 2023 to 2030

Projected Market Size by 2025: USD 4,214.4 Million

Largest Regional Market Share: North America

Major Players

Raytheon Company (US), Lockheed Martin Corporation (US), Thales Group (France), L3Harris Technologies, Inc (US), Kongsberg Maritime (Norway), Aselsan AŞ (Turkey), Teledyne Technologies Incorporated (US), Ultra Electronics (UK), Wärtsilä (Finland), FURUNO Electric Co., Ltd (Japan), Sonardyne (UK), Atlas Elektronik Group (Germany), Navico (Norway), Japan Radio Co. (Japan), DSIT Solutions Ltd (Israel), EdgeTech (US)

The military forces are the backbone of the nation’s peace; hence the rise in global concern for the protection of military forces is propelling the growth of various markets related to the defense sectors. These markets are enhancing with tremendous growth due to its widespread demand among the military sectors across the world. The rise in demand for advanced military equipment and materials is emerging with huge opportunities. The Sonar Systems And Technology Market is noticing remarkable growth due to its growing demand in defense sectors, especially for the naval forces. 

Sonar System refers to sound navigation and ranging technique that uses sound propagation for navigation and communication purposes. They are even used to detect underwater objects or obstacles. This technology has been effective for water travel services and transportation, as it helps ships and submarines detect objects that can be a risk factor for water transports. The sonar system has shown its crucial role for the naval militaries. It helps them travel through the water bodies efficiently by detecting threats and other risky objects. Due to these factors, the Sonar Systems And Technology Market Growth is trending globally. The rise in the risk of terror attacks through the water bodies uplifts market demand. The defense sectors are highly demanding for sonar systems for the naval forces, which is propelling the Sonar Systems And Technology Market Size. The trading activities between the nations are even upgrading the market trends through the water bodies. 

The defense entities and the government’s investments in the Sonar Systems And Technology Market to procure advanced sonar systems in the naval operation or mission and run the trading services smoothly is bringing huge opportunities for the market. Due to these factors, the Sonar Systems And Technology Market to witness a strong CAGR of 6.88 % with a USD value of $4,214.4 Million by 2025 during the forecast period. 

COVID-19 Analysis

The pandemic period has shown the worst impact on almost every market sector. The Sonar Systems And Technology Market also faced a moderate decline in the growth graph due to the lockdown effect. The rules and regulations of lockdown have shown a bad impact on different operational services. It restricted the manufacturing operations and production process and disrupted the supply chains related to shipping services. The trading activities were even halted, showing a worse impact on the Sonar Systems And Technology Market Value. The key players plan their strategies to regain the financial losses before reaching the forecast period.

Chief Factors Existing In The Market

• Key Market Drivers

The key drivers of the Sonar Systems And Technology Market are enhancing the market's growth. The stable growth in delivering military vessels is one of the major driving factors of the market. The increase of trading activities through the water bodies boosts the Sonar Systems And Technology Market Growth.

• Market Challenges

There are challenging factors of the Sonar Systems And Technology Market that are creating, which is letting the market face a challenging situation. The shifting from 2D sonar processing to 3D sonar processing is a major challenge for the market.

• Market Opportunities

The Sonar Systems And Technology Market Trends is receiving huge opportunities across the globe. The increase in UUVs (Unmanned underwater vehicles) adoption for different marine activities such as seabed terrain investigation, mine detection, and other activities is bringing up new growth opportunities for the market.

• Market Restraints

The restraining factors of the Sonar Systems And Technology Market are hampering its growth rate. The presence of similar effective technologies is one of the major restraining factors of the Sonar Systems And Technology Market Value.

Cumulative Evaluation Of The Market

The evaluated report shows the growth of the Sonar Systems And Technology Market Forecast in recent years. The role of market dynamics, such as the key drivers and opportunities, are boosting the Sonar Systems And Technology Market Growth. The challenging and restraining factors hinder the market’s growth rate, but the market is expected to overcome these factors to reach its estimated value during the forecast period.

Market Segmentation

The Sonar Systems And Technology Market Size is segmented into product type, mode of operation, solution, application, and commercial segments.

• By Product Type

Based on the product type, the Sonar Systems And Technology Market is classified into various segments such as hull-mounted sonar, stern-mounted sonar, dipping sonar, and sonobuoy. Among these segments, the hull-mounted segment is considered the dominating segment of the product type.

• By Mode of Operation

In the mode of operation segment, the Sonar Systems And Technology Market is divided into active, passive, and dual. The active segment is leading the market with a high USD value. Hence it is expected to reach the highest CAGR during the review period.

• By Solution

The Sonar Systems And Technology Market is sub-segmented into hardware and software under the solution segment. Between these two, the hardware segment reaches the highest CAGR during the forecast period because of its wide usage.

• By Application

The application segment is categorized into defense and commercial segments. The defense segment is classified into anti-submarine warfare, port security, diver detection, mine detection, countermeasure system, search & rescue, and others. In contrast, the commercial segment is further classified into fisheries, hydrography, and navigation. The defense segment has noticed steady growth, and it is expected to reach the highest CAGR.

Regional Analysis

According to the geographical status, the Sonar Systems And Technology Market Analysis has shown the market's development in various regions across the world, such as North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Among the above geographical region, North America accounted for the largest market share of the Sonar Systems And Technology Market Share. The presence of prominent players, especially in the region of the US, is driving the regional market of the North American Market. The European Market is accounted for the second-largest market share in the past years. The Asia Pacific market has noticed a significant share value of the Sonar Systems And Technology Market Share, and it is divided into various developing regions such as India, China, Japan, Australia, and the rest of the Asia Pacific region. The Middle East & Africa observe considerable share value due to the adoption of sonar systems to protect oil and gas sites. The Latin American region is even showing steady growth due to the increased investment by the government authorities in maritime commercial activities.

Competitive Intensity Within The Industry

The key players of the Sonar Systems And Technology Market Outlook are enhancing the market growth with their key strategies. They are responsible for emerging the Sonar Systems And Technology Market Value globally. Here is the list of prominent key players in the market.

• Raytheon Company (US)
• Lockheed Martin Corporation (US)
• Thales Group (France)
• L3Harris Technologies, Inc (US)
• Kongsberg Maritime (Norway)
• Aselsan AŞ (Turkey)
• Teledyne Technologies Incorporated (US)
• Ultra Electronics (UK)
• Wärtsilä (Finland)
•  FURUNO Electric Co., Ltd (Japan) 
• Sonardyne (UK)
• Atlas Elektronik Group (Germany)
• Navico (Norway),
• Japan Radio Co. (Japan)
• DSIT Solutions Ltd (Israel)
• EdgeTech (US)

Sonar Systems Technology Market Industry Developments

• Q2 2024: Thales launches new BlueWatcher Compact sonar for small naval platforms Thales announced the launch of its BlueWatcher Compact sonar system, designed for integration on small naval vessels and unmanned platforms, expanding its portfolio of anti-submarine warfare solutions.
• Q2 2024: Kongsberg Maritime wins contract to supply sonar systems for Norwegian Navy’s new mine countermeasure vessels Kongsberg Maritime secured a contract to deliver advanced sonar systems for the Royal Norwegian Navy’s new class of mine countermeasure vessels, supporting Norway’s maritime security modernization.
• Q2 2024: BAE Systems awarded $55 million contract for submarine sonar upgrades by U.S. Navy BAE Systems received a $55 million contract from the U.S. Navy to upgrade sonar systems on Virginia-class submarines, enhancing undersea detection and tracking capabilities.
• Q3 2024: Teledyne Technologies acquires marine sonar specialist Blueprint Subsea Teledyne Technologies announced the acquisition of UK-based Blueprint Subsea, a manufacturer of advanced sonar and acoustic positioning systems, to strengthen its marine instrumentation business.
• Q3 2024: Raytheon launches next-generation variable depth sonar for international navies Raytheon unveiled its new variable depth sonar system, designed to provide enhanced anti-submarine warfare capabilities for allied navies, with initial deliveries scheduled for late 2024.
• Q3 2024: Saab opens new sonar technology R&D center in Gothenburg, Sweden Saab inaugurated a new research and development center focused on sonar and underwater sensor technologies, aiming to accelerate innovation for defense and commercial maritime applications.
• Q4 2024: L3Harris Technologies secures $80 million contract for sonar systems for Australian Navy L3Harris Technologies was awarded an $80 million contract to supply and integrate advanced sonar systems for the Royal Australian Navy’s new fleet of surface combatants.
• Q4 2024: Ultra Electronics wins major sonar export deal with Indian Navy Ultra Electronics signed a multi-year agreement to provide hull-mounted sonar systems to the Indian Navy, marking a significant export win for the UK-based defense technology firm.
• Q1 2025: Thales and Leonardo announce partnership to co-develop next-generation sonar for European navies Thales and Leonardo entered a strategic partnership to jointly develop advanced sonar technologies for European naval forces, targeting integration on future frigate and submarine programs.
• Q1 2025: General Dynamics Mission Systems unveils new towed array sonar for unmanned underwater vehicles General Dynamics Mission Systems introduced a lightweight towed array sonar system optimized for unmanned underwater vehicles, expanding capabilities for autonomous maritime operations.
• Q2 2025: Japan’s Mitsubishi Electric wins contract to supply sonar systems for new coast guard vessels Mitsubishi Electric secured a contract to deliver advanced sonar systems for Japan Coast Guard’s next-generation patrol vessels, supporting maritime security and search-and-rescue missions.
• Q2 2025: Navantia and Indra launch joint venture for sonar technology development in Spain Spanish shipbuilder Navantia and technology firm Indra launched a joint venture focused on developing indigenous sonar systems for naval and commercial applications, aiming to boost Spain’s maritime technology sector.

Recent Market Development

• Kongsberg To Provide Sonar And Navigation Systems For Type 212CD Submarines. Active sonar suite and bottom navigation technology from Kongsberg Maritime (KONGSBERG) has been selected for installation on Type 212CD class submarines for both the Norwegian and German navies.
• According to the Taiwanese Naval Officials, IDS will be provided with MK-48 Mod 6 Advanced Technology heavyweight torpedoes, UGM-84L sub-launched Harpoon Block II missiles, and other combat and digital sonar systems provided by US suppliers Lockheed Martin and Raytheon.

Report Overview

The overall report of the Sonar Systems And Technology Market Outlook states about the growth rate of the market till the present year. The progress of the market was stated in the report. The COVID analysis showed the revenue loss, which is to be restored in the future days. The chief existing factors such as the key drivers and opportunities role to propel the growth of Sonar Systems And Technology Market Trends was reviewed. The presence of prominent key players across the globe was noticed to upgrade the services of the market. The segmentation analysis reported the growth and share of each segment in the coming years. 

Key Industrial Segments

By Product Type 

• Hull-Mounted Sonar
• Stern-Mounted Sonar
• Dipping Sonar
• Sonobuoy

By Mode of Operation

• Active
• Passive 
• Dual

By Solution

• Hardware 
• Software

By Application

• Defense (Anti-Submarine Warfare, Port Security, Diver Detection, Mine Detection, and Countermeasure Systems, Search & Rescue, and Others) 
• Commercial (Fisheries, Hydrography, and Navigation)

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 6.15 Billion (2030)
CAGR	2% (2023-2030)
Base Year	2023
Forecast Period	2030
Historical Data	2021
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and TrendsRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Product Type, Mode of Operation, Solution, Application
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Raytheon Company (US), Lockheed Martin Corporation (US), Thales Group (France), L3Harris Technologies, Inc. (the US), Kongsberg Maritime (Norway), Aselsan AŞ (Turkey), Teledyne Technologies Incorporated (US), Ultra Electronics (UK), Wärtsilä (Finland), FURUNO Electric Co., Ltd (Japan), Sonardyne (UK), Atlas Elektronik Group (Germany), Navico (Norway), Japan Radio Co. (Japan), DSIT Solutions Ltd (Israel), and EdgeTech (US).
Key Market Opportunities	Regional attractiveness and related growth opportunities
Key Market Drivers	Increasing Military Expenditure