Enjoy complimentary customisation on priority with our Enterprise License!
The sound navigation and ranging (SONAR) system market size is forecast to increase by USD 1.52 billion, at a CAGR of 7.35% between 2023 and 2028. The market's growth rate is influenced by several factors, including the increasing preference for integrated SONAR systems, the rising adoption of SONAR systems in Intelligence, Surveillance, and Reconnaissance (ISR) operations, and the growing frequency of maritime attacks. These factors collectively drive the demand for SONAR systems, indicating a shift towards more advanced and integrated solutions in maritime security and defense. Our report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.
Moreover, in the APAC region, the demand for SONAR systems and associated equipment is poised for significant growth, driven by the continuous enhancement of undersea capabilities in countries like China, India, Japan, South Korea, and Australia. ASELSAN AS, a prominent player in this market, offers advanced solutions such as the ASELSAN Intercept Sonar System. This system boasts the capability to detect, track, and analyze active acoustic sources within a frequency range from 1 kHz to 100 kHz.
_system_market_size_abstract_2024_v1.jpg.webp?v4.1.20)
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.