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.

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.