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The Global Naval Sonar Market 2019-2029

November 2019 | 165 pages | ID: G8C0871AF82EN
GlobalData

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The Global Naval Sonar Market 2019-2029

SUMMARY

The Global Naval Sonar Market 2019-2029 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next ten years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by industry participants. It also offers insights regarding several factors and government programs that are expected to influence the demand for naval sonars over the forecast period.

The demand for naval sonars will be driven by the increasing focus on developing robust anti-submarine warfare (ASW) capability and fleet expansion initiatives by emerging economies such as India and Pakistan in the Asia-Pacific region.

The increased focus on induction of technologically advanced submarines equipped with Integrated Sonar Suite (ISS) is anticipated to be a major factor driving the global naval sonar market worldwide. The ISS is specifically designed to enhance the performance of sonar sensors by simultaneously processing multiple-inputs to deliver significant performance enhancements in comparison to the traditional systems.

In particular, the report provides an in-depth analysis of the following -
  • Market size and drivers: detailed analysis during 2019-2029, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
  • Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of sonar segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
  • Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
  • Major programs: details of the key programs in each segment, which are expected to be executed during 2019-2029.
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the global naval sonar market. It provides an overview of key players, strategic initiatives, and financial analysis.
SCOPE
  • The global naval sonar market is expected to grow at a CAGR of 3.54% over the forecast period.
  • The naval sonar market is classified into of five categories: Hull Mounted Sonar, Towed Sonar, Sonobuoys, Dipping Sonar, and Diver Detection Sonar.
  • Asia Pacific region is expected to dominate the naval sonar market over the forecast period with a market share of 37.3%, followed by North America and Europe.
  • The Hull Mounted Sonar segment is expected to dominate the naval sonar market over the forecast period.
REASONS TO BUY
  • Determine prospective investment areas based on a detailed trend analysis of the global naval sonar market over the next ten years
  • Gain in-depth understanding about the underlying factors driving demand for different sonar segments in the top spending countries across the world and identify the opportunities offered by each of them
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
  • Identify the major channels that are driving the global naval sonar market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global naval sonar market
  • Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top naval sonar providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
Executive Summary
Global Naval Sonar Market - Overview
Global Naval Sonar Market By Region, 2019-2029
Global Naval Sonar Market By Segment, 2019-2029 Market Dynamics
Demand Drivers: Growing impetus to Anti-Submarine Warfare by navies across the globe to drive demand
Trends: Growing adoption of Integrated Sonar Suites (ISS) on surface ships and submarines
Technological Developments: Deployment of advanced sonar suites on unmanned and autonomous underwater vessels
Key Challenges: Increasing adoption of acoustic quieting technologies in submarines and surface ships Global Naval Sonar Market - Segment Analysis
Segment Analysis: Hull Mounted Sonar
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Segment Analysis: Towed Sonar
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Segment Analysis: Sonobuoys
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Segment Analysis: Dipping Sonar
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Segment Analysis: Diver Detection Sonar
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029 Global Naval Sonar Market - Regional Analysis
Global Naval Sonar - Regional Overview, 2019 & 2029
Regional Analysis: Asia-Pacific
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Top Suppliers
Regional Analysis: North America
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Top Suppliers
Regional Analysis: Europe
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Top Suppliers
Regional Analysis: Middle East
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Top Suppliers
Regional Analysis: Africa
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Top Suppliers
Regional Analysis: Latin America
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Top Suppliers Global Naval Sonar Market - Trend Analysis
Global Naval Sonar - Country Overview, 2019 & 2029
Leading Segments in Key Countries
Country Analysis - 10 leading countries
Market size and CAGR growth analysis, 2019-2029
Change in market share, 2019-2029
Segmental Share (%), 2019-2029
Country Share (%), 2019 & 2029
Major Suppliers
Segmental Analysis
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
ompetitive Landscape Analysis
Competitive analysis - 10 leading companies
Major Products and Services
Financial Analysis covering Revenue, Operating Profit and Net Profit
Financial Deal and Contracts
Appendix

COMPANIES MENTIONED

Raytheon
Atlas Elektronik
Thales
L3Harris Technologies
Leonardo
Ultra Electronics
Northrop Grumman
Lockheed Martin
Bharat Electronics Limited
Kongsberg Gruppen
ERAPSCO


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