Chemical & Material report: Status and future development trend of Towed Array Sonar

According to our (Global Info Research) latest study, the global Towed Array Sonar market size was valued at US$ xx million in 2022 and is forecast to a readjusted size of USD xx million by 2029 with a CAGR of xx% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report is a detailed and comprehensive analysis for global Towed Array Sonar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

A towed array sonar is a system of hydrophones towed behind a submarine or a surface ship on a cable. Trailing the hydrophones behind the vessel, on a cable that can be kilometers long, keeps the array's sensors away from the ship's own noise sources, greatly improving its signal-to-noise ratio, and hence the effectiveness of detecting and tracking faint contacts, such as quiet, low noise-emitting submarine threats, or seismic signals. The Towed Array Sonar industry can be broken down into several segments, Active Sonar, Passive Sonar, etc. Across the world, the major players cover Kongsberg, Ultra Electronics, Cohort, Klein Marine Systems, Tritech, CMIE, Dynamics Mission Systems, Imagenex, NORBIT, L3Harris Technologies, etc.

This report provides the 2018-2029 market data review and forecast by Type, by Application, and by region & country.

The report considers 2022 as the base year. All calculations involving quantitative data are based on 2022. The values represented in the report are actual values for 2022, whereas the values are estimated for the period 2023–2029.

Market segment by Type: Passive Sonar, Active Sonar

Market segment by Application: Surface Vessels, Submarines, Others

Major players covered: Lockheed Martin, Raytheon, Thales, L3Harris Technologies, Leonardo, Ultra Electronics, Atlas Elektronik, Kongsberg, CMIE, Cohort, DSIT Solutions, GeoSpectrum Technologies, SAES

Market segment by region, regional analysis covers: North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)