The global sonar system market witnessed moderate growth over the past few years on account of growing applications of these systems in the military and naval sectors coupled with technological innovations. 

According to the latest market research report by IMARC Group, titled “Sonar System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global sonar system market reached a value of US$ 4.2 Billion in 2018. Sonar stands for Sound Navigation and Ranging which is a remote sensing technique that uses sound waves to detect, locate and identify objects in the water.

Global Sonar System Market Segmentation:

Market Breakup by Mode of Operation

1. Commercial Active 
2. Military Dual Mode 
3. Military Passive

Market Breakup by Product Type

1. General-Purpose Hull Mounted Sonar 
2. Seabed Imaging and Information Sonar 
3. Stern Mounted Sonar 
4. Dipping Sonar 
5. Others

Market Breakup by Installation

1. Vessel Mounted 
2. Towed 
3. Hand-Held and Pole Mounted 
4. Airborne
5. UUV 
6. Others

Market Breakup by Operating Frequency

1. High 
2. Medium 
3. Low

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Market Breakup by Application

1. Hydrographic Charting 
2. Offshore Oil and Gas 
3. Port and Harbour Management 
4. Coastal Engineering

Market Breakup by Region

1. North America 
2. Europe 
3. Asia Pacific
4. Middle East and Africa
5. Latin America

Source: Sonar System Market to Reach US$ 5.3 Billion by 2024 - IMARC Group