Sonar Systems Market Expansion Continues, with Forecast Valuation of $5.99 Billion by 2029

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Sonar Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for sonar systems has witnessed a significant increase in recent years. The market is projected to expand from $4.24 billion in 2024 to $4.61 billion in 2025, registering a compound annual growth rate (CAGR) of 8.7%. This robust growth during the historic period is largely owing to factors including investments in naval defense, exploration of resources underwater, the emergence of autonomous underwater vehicles (auvs), the commercial fishing industry, and environmental monitoring.

Sonar Systems Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated robust expansion is on the horizon for the sonar systems market, with projections placing its value at $5.99 billion by 2029, reflecting a 6.8% compound annual growth rate (CAGR). This progression in the estimated period owes to a surge in solar power projects, growing acceptance of off-grid solar trackers for power production, amplified energy demand, escalating cognizance of solar power's environmental advantages, and supportive governmental policies and strategies. Key trends to look out for during this period encompass artificial intelligence (AI) and machine learning (ML), 3D sonar imaging and mapping, counter-submarine warfare (ASW), sensor fusion and data convergence, and smart inverters.

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What Are the Drivers Transforming the Sonar Systems Market?
The escalating prevalence of terrorism is significantly stimulating the expansion of the sonar systems market. Terrorism, characterized as violence in an unequal conflict designed to incite fear and mental dread, can be efficiently tackled using sonar systems. These systems can detect and thwart terrorist activities like bombing, subterranean bomb placement, unidentified submarines in seas, etc. For example, the Global Terrorism Index (GTI) 2023 reveals that in March 2023, the number of deaths more than doubled from nine in 2021 to 19 in 2022, with 11 such incidents in the US alone. This surge in terrorist activities thus propels the market growth of sonar systems.

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What Long-Term Trends Will Define the Future of the Sonar Systems Market?
In the sonar systems market, a key emerging trend is the evolution of advanced technological innovations. Companies are progressively developing cutting-edge sonar systems primarily for military and warfare application. For instance, Thales Group, a multinational corporation based in France specializing in aerospace and defense security, was awarded a contract in 2021 by the French Defense Procurement Agency (DGA) to strengthen the anti-submarine warfare systems of the French Naval force through the development, testing, and production of Sono Flash, an air-droppable sonobuoy. This high-end technology provides a sophisticated sonar system apt for deployment in open-ocean environments. Additionally, Sono Flash boasts an impressive endurance and is adaptable to a wide range of deployment scenarios.

Which Segments in the Sonar Systems Market Offer the Most Profit Potential?
The sonar systems market covered in this report is segmented -

1) By Product: Hull-Mounted Sonar, Stern-Mounted Sonar, Dipping Sonar, Sonobuoy
2) By Installation: Fixed, Deployable
3) By Acoustic Frequency: Ultrasonic, Infrasonic
4) By Application: Anti-Submarine Warfare, Port Security, Mine Detection and Countermeasure Systems, Search and Rescue, Navigation, Diver Detection, Seabed Terrain Investigation, Scientific

Subsegments:
1) By Hull-Mounted Sonar: Active Hull-Mounted Sonar, Passive Hull-Mounted Sonar, Multibeam Hull-Mounted Sonar
2) By Stern-Mounted Sonar: Active Stern-Mounted Sonar, Passive Stern-Mounted Sonar, Side-Scanning Stern-Mounted Sonar
3) By Dipping Sonar: Helicopter Dipping Sonar, Shipborne Dipping Sonar
4) By Sonobuoy: Active Sonobuoys, Passive Sonobuoys, Directional Sonobuoys

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Which Firms Dominate the Sonar Systems Market by Market Share and Revenue in 2025?
Major companies operating in the sonar systems market include Ultra Electronics Holdings plc, Thales Group, Navico Holding AS, L3Harris Technologies Inc., Atlas Elektronik GmbH, Kongsberg Gruppen ASA, Lockheed Martin Corporation, Teledyne Technologies Incorporated, Sonardyne International Ltd, Aselsan Elektronik Sanayi ve Ticaret A.S., Furuno Electric Co. Ltd., Japan Radio Co. Ltd., DSIT Solutions Ltd., Northrop Grumman Corporation, General Dynamics Mission Systems Inc., Raytheon Technologies Corporation, Nautel Limited, Mistral Solutions Pvt. Ltd., thyssenkrupp AG, Western Marine Electronics Inc., Koç Bilgi ve Savunma Teknolojileri A.S., SonarTech Underwater Systems LLC, Meteksan Defense Industry Inc., GeoSpectrum Technologies Inc., Koc Bilgi ve Savunma Teknolojileri AS

Which Regions Offer the Highest Growth Potential in the Sonar Systems Market?
North America was the largest region in the sonar systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sonar systems market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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