The sonar system market was estimated at US$ 5.5 billion in 2021 and is expected to grow at a CAGR of 2.7% during 2022-2028 to reach US$ ~7.9 billion in 2028. The market for sonar systems will be driven by the consistent expansion in the deliveries of military vessels. Few of the most cutting-edge sonar systems are used by military warships to achieve the maximum level of accuracy. Sonar systems are employed on military ships for various purposes, including diver detection, mine detection, seabed topography exploration, anti-submarine warfare, and port security.
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