Global Military Towed Array Sonar Market Growth (Status and Outlook) 2023-2029

Global Military Towed Array Sonar Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Military Towed Array Sonar Industry Forecast” looks at past sales and reviews total world Military Towed Array Sonar sales in 2022, providing a comprehensive analysis by region and market sector of projected Military Towed Array Sonar sales for 2023 through 2029. With Military Towed Array Sonar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Military Towed Array Sonar industry.

This Insight Report provides a comprehensive analysis of the global Military Towed Array Sonar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Military Towed Array Sonar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Military Towed Array Sonar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Military Towed Array Sonar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Military Towed Array Sonar.

The global Military Towed Array Sonar market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Military Towed Array Sonar is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Military Towed Array Sonar is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Military Towed Array Sonar is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Military Towed Array Sonar players cover Lockheed Martin, Raytheon, Thales, L3Harris Technologies, Leonardo, Ultra Electronics, Atlas Elektronik, Kongsberg and CMIE, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Military Towed Array Sonar market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Passive Sonar
Active Sonar

Segmentation by application
Surface Vessels
Submarines

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lockheed Martin
Raytheon
Thales
L3Harris Technologies
Leonardo
Ultra Electronics
Atlas Elektronik
Kongsberg
CMIE
Cohort
DSIT Solutions
GeoSpectrum Technologies
SAES

Please note: The report will take approximately 2 business days to prepare and deliver.