PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1364698
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1364698
3D Imaging Sonars Market size was valued at USD 1,680.5 Million in 2022, expanding at a CAGR of 2.6% from 2023 to 2030.
3D imaging sonars are advanced underwater sonar systems that capture comprehensive three-dimensional images of underwater objects and environments. The sonar may also be used as a fixed installation to protect harbors or moored vessels from divers and unmanned vehicles. 3D sonar, point cloud enabled with high resolution. It is ideal for underwater structure monitoring and scour monitoring. Imaging sonar is useful in underwater port security tasks in identifying items of interest by producing a sonar reflection or a blockage, which produces a sonar shadow. Imaging sonar manufacturers have been able to miniaturize the sonar unit to fit aboard practically all sizes of ROV systems. Human divers are reduced in dangerous situations, such as deep-sea exploration zones or places with potentially harmful toxins, by installing robots equipped with 3D imaging sonars. Robots, when properly programmed, work with high precision, limiting the possibility of errors or disasters caused by human interaction.
Aquaculture farms are frequently attacked by predators. 3D imaging sonars can detect the presence of potential threats such as seals, larger predatory fish, or other unwanted species. 3D imaging sonars allow precise visualization of fish behavior within cages or ponds. This aids in understanding feeding patterns, analyzing general fish health, and spotting any odd behaviors suggestive of stress or sickness. According to Food Agricultural organization of the united nation, in 2020, global inland aquaculture production was 54.4 million tonnes, accounting for 44.4 percent of the world total aquaculture production of animal species and algae, and inland farming of aquatic animal species represented 62.2 percent of total aquaculture production. Furthermore, growing concerns about climate change and its impact on marine ecosystems can provide growth opportunity for market, however, High cost of advanced 3D imaging sonar systems may hamper the market growth.
The Global 3D Imaging Sonars Market is segmented on the basis of Product Type, Application, and Region.
The market is divided into two categories based on product type: Handheld and Bench Type. Handheld dominates the market. Handheld 3D imaging sonars can be used by divers for navigation, object detection, and underwater reconnaissance. And Bench sonars could be utilized in educational and training contexts to teach users how to read and evaluate sonar data.
The market is divided into two categories based on application: National Defense & Military, Energy, Transportation and Others. The national security and military sectors require the most modern and trustworthy 3D imaging sonars. The continuous advancement of sonar technology assures that defense forces are prepared to handle the diverse problems of underwater combat and security. And 3D imaging sonar applications in the energy and transportation sectors emphasize the technology's essential utility in assuring operating efficiency, safety, and infrastructure integrity. Demand for improved sonar systems is projected to rise as these industries evolve and grow.
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is anticipated to dominate the 3D Imaging Sonars market, due to Increasing demand for son buoy for tactical defense operation. The United States Navy operates on a worldwide scale and requires sophisticated technologies to preserve its tactical advantage. U.S. Navy anti-submarine warfare (ASW) experts are reloading their supplies of advanced multistate air-launched sub-hunting sonobuoys that work together with other sonobuoys to detect, pinpoint, and track enemy submarines. Navy orders 126,000 air-launched sonobuoys to detect underwater sounds in anti-submarine warfare (ASW), according to Military Aerospace Electronics. Europe and Asia pacific are expected to provide growth opportunity for the market in forecast period.
The key players offer a wide range of 3D imaging sonar systems for use in a variety of industries, including oil and gas exploration, marine archaeology, defense, and research. they Examine their product's level of innovation, particularly the incorporation of sophisticated technologies such as AI, machine learning, and real-time data processing. Also Manufactures are trying to enter or maintain its position in this industry should prioritize R&D, diversity, and knowing the end-users' specific needs. For example, September 6, 2022, Furuno Electric Co., Ltd., a company headquartered in Japan with bases in the U.S., has continued to focus on advancing technology for marine electronics, including radar systems, fish finders and navigational instruments.
In April 2023, NORBIT Subsea has launched its latest fully active stabilized multibeam sonar system. Building on the WBMS platform, the new iWBMSh Stabilised system was launched at the NORBIT Subsea Global Partner Day event held in Southampton, UK prior to Ocean Business 2023 exhibition, the company said.
The scope of this report covers the market by its major segments, which include as follows: