Market Snapshot:
Dipping Sonar System are sonar systems which are lowered into the oceans or seas and have primary role as an Anti-submarine warfare system. They are use sound propagation technology to detect presence of any object or submarine under water. There are three major technologies used in dipping sonar systems, which are active that is sonar listens to noise created by the submarine, then there is passive sonars which emit sounds and detect for any echoes, and the third type of radars are using dual technology which uses both passive & active technology. Helicopter borne dipping sonar systems are increasing in popularity, although Unmanned Surface Vehicles are have huge potential to grow over the coming years. Geographically, North America is the biggest market owing to large defence spending by US military.
Highlights from Dipping Sonar System Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Manufacturers profiled in the report are Thales Group (France), Kongsberg Gruppen (Norway), Raytheon (United States), Ultra Electronics (United Kingdom), ThyssenKrupp Marine Systems (Germany), Sonardyne (United Kingdom), Aselsan (Turkey), L3 Technologies (United States), Furuno Electric Co., Ltd. (Japan) and Navico(Norway). Additionally, other players that are part of this comprehensive study are DSIT Solutions Ltd. (Israel), Teledyne (United States) and EdgeTech (United States).
Geographic Breakdown and Segment Analysis
The Global Dipping Sonar System market presents a comprehensive analysis of the Dipping Sonar System market by end-user/application (Military and Commercial), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Dipping Sonar System industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Dipping Sonar System market
Analyst at AMA have segmented the market study of Global Dipping Sonar System market by Type, Application and Region.
Influencing Trend:
Helicopter Borne Dipping Sonar Systems Segment is rising in Popularity
Market Growth Drivers:
Advancement in Technology, Growing Military Spending and Increase in Commercial Maritime Trade and Other Operations
Challenges:
Technical Failures and Poor Maintenance Services in Developing Countries
Restraints:
High Cost of Setup
Opportunities:
Unmanned Surface Vehicles Dipping Sonar Systems have High Market Potential
Market Developments Activities:
In 2021, Lockheed Martin Corporation, an American Defence and Aerospace company has announced that it has selected Thales Group to deliver around 55 airborne anti-submarine warfare sonars, which makes Thales the tier 1 supplier of dipping sonar systems to Lockheed Martin. This systems will be deployed in Mh-60 R Seahawk multirole helicopters, which are to be delivered to 4 navies including US navy and Indian navy.
Growing Hostilities over maritime border claims worldwide has accelerated defence spending on naval military assets, one of them being dipping sonar systems which plays a vital role in anti-submarine warfare. Other than that growing commercial maritime fishing, and exploratory researches has also increased the demand for dipping sonar systems. Geographically, North America because of United States of America’s massive defence budget is the biggest market of dipping sonar systems.
Key Target Audience
Dipping Sonar System Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries