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Towed Array Sonar Market - Top Companies and Manufacturers

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Report ID: 2854
Published Date: Jul 23, 2024
Report Format: PDF, PPT

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Companies Dominating the Towed Array Sonar Landscape

NORBIT ASA
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Coda Octopus Products Ltd.
L3Harris Technologies Inc.
Neptune Sonar
Thales Group.

Browse Key Market Insights with Data Illustration:

Towed Array Sonar Market Size, Forecast Report 2036

In the News

L3Harris Technologies Inc. received a multi-million-dollar contract to deliver two low-frequency active towed sonar systems to a NATO member that will be utilized on marine vessels for detecting, tracing, and engaging all kinds of submarines.

To support the newest United Kingdom MoD and BAe Maritime Platform, Neptune's new modularized communications array is a custom design.

Author Credits: Dhruv Bhatia

Report ID: 2854
Published Date: Jul 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of towed array sonar is estimated at USD 2.17 Billion.

The towed array sonar market size was over USD 2.09 Billion in 2023 and is poised to cross USD 3.61 Billion by the end of 2036, growing at more than 4.3% CAGR during the forecast period i.e., between 2024-2036. Augmentation in Maritime Border Security, Increasing Usage of Towed Array Sonar in Fishing and Oil & Gas Industry and Increasing Investment in Research and Development

North America industry is expected to hold largest revenue share of 40.2% by 2036, impelled by growing demand for towed array sonar in the region.

NORBIT ASA, Coda Octopus Products Ltd., L3Harris Technologies Inc., Neptune Sonar, Thales Group.

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