Towed Array Sonar Market Size

  • Report ID: 2854
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Towed Array Sonar Market Size

Towed Array Sonar Market size was valued at USD 2.18 billion in 2024 and is expected to reach USD 3.82 billion by 2037, expanding at around 4.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of towed array sonar is evaluated at USD 2.34 billion.
 

The growth of the market can be accredited to the growing demand for naval systems and submarines globally. In detecting and tracking soft sound, such as the low noise emissions from submarine threats or Seismic signals, towed array sonar is an efficient tool.

In detecting and tracking faint sounds, such as low noise emitting submarine threats or seismic signals, towed array sonar is effective. This applies to the baffles, which are a blind spot for hull-mounted sonar.


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Author Credits:  Dhruv Bhatia


  • Report ID: 2854
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of towed array sonar is evaluated at USD 2.34 billion.

The towed array sonar market size was valued at USD 2.18 billion in 2024 and is expected to reach USD 3.82 billion by 2037, expanding at around 4.4% CAGR during the forecast period i.e., between 2025-2037. Augmentation in Maritime Border Security, Increasing Usage of Towed Array Sonar in Fishing and Oil & Gas Industry and Increasing Investment in Research and Development will drive the market growth.

North America industry is expected to dominate majority revenue share of 40% by 2037, impelled by growing demand for towed array sonar in the region.

The major players in the market are NORBIT ASA, Coda Octopus Products Ltd., L3Harris Technologies Inc., Neptune Sonar, Thales Group, and others.
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