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Sonobuoy Market

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Sonobuoy Market by Technology (SAR, DICASS, CASS, Others), Type (Active, Passive), Application (Detection & Tracking, Safety & Security, Oil & Gas, Others), Size (A, B, C), Deployment (Spring, Pneumatic, Free Fall, Cartridge) & Region – Forecast til
Sonobuoy Market Research Report By
Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Sonobuoy Market Research Report - Forecast to 2023
Global Sonobuoy Market Information by Type (Manpack Radios, Vehicular Radios), By End-User (Marines
and Ground Forces) And Sonobuoy Market by Technology (SAR, DICASS, CASS, Others), Type (Active,
Passive), Application (Detection & Tracking, Safety & Security, Oil & Gas, Others), Size (A, B, C),
Deployment (Spring, Pneumatic, Free Fall, Cartridge) & Region – Forecast till 2023Region - Forecast To
2023
A sonobuoy is a compact, expandable, and air-deployed acoustic sensor designed to be dropped from an aircraft. As it
enters the water, it separates into an underwater acoustic sensor and an on-the-surface radio transmitter, and relays
underwater acoustic signals to detect the aircraft and track submarines at sea. The radio frequency transmission is received
and processed to detect, locate, and track submarines in sea. It provides the airborne platform with the capability of using
underwater sound to determine if an enemy submarine is present. Technology advances in submarine and antisubmarine
sensors would require highly accurate sonobuoy systems. Significant investments have been made on the development of
sonobuoy systems, which would lead to rapid growth of the market during the forecast period. However, major restraint of
the sonobuoys is the limited capability to detect stealthier submarines in littoral zones and impact of sonobuoys on marine
life.
Moreover, procurement of unmanned underwater vehicles, Anti-Submarine Warfare (ASW) systems, and acquisition of
sonobuoys for marine mammal research has bolstered the growth of the market. Maritime disputes between China and the
U.S., such as the East China Sea dispute, have increased the need for deployment of sonobuoy in waterways. For instance, in
2018, ERAPSCO signed a contract with the U.S. Navy to manufacture and supply sonobuoys.
The increased need for cost-effective ASW systems will offer new growth opportunities to the market players. The factors
responsible for the growth of the global sonobuoy market are the growing usage of unmanned underwater vehicles,
increase in the efficiency of sonobuoy, and rise in maritime disputes. Several contracts have been signed to bolster the
growth of the market. In 2013, General Dynamics signed a contract with Republic of Korea Navy (RoKN) to provide nextgeneration acoustic processing systems. In 2015, Ultra Electronics signed a contract with the Royal Navy’s marine to supply
sonobuoys for maritime patrol helicopter.
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Sonobuoy Market Research Report - Forecast to 2023
Drivers
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Sonobuoy Market Research Report - Forecast to 2023
Segmentation and Regional Analysis
The global sonobuoy market has been segmented by technology, type, application, size, deployment, and region. Among
technology type, Low-Frequency Analysis and Ranging (LOFAR) is the most widely used and have the largest market share
due to increasing demand for technology advancement in antisubmarine sensors. On the basis of type, the passive
sonobuoys segment is estimated to witness the largest demand during the forecast period, owing to their ability to prevent
the detection of a tracking aircraft by a submarine. On the basis of application, the detection and tracking segment is
expected to witness the largest demand during the forecast period, owing to increase military expenses by countries
towards strengthening their anti-submarine warfare capabilities. On the basis of size, the size A segment is estimated to
witness the largest demand during the forecast period, owing to increasing demand for lightweight sonobuoy.
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin
America. North America is expected to dominate the market in the coming years, due to the presence of major
manufacturers and increasing military expenses. Asia Pacific follows the North America region in the global sonobuoy
market and is estimated to trail North America during the forecast period due to the rise in maritime disputes and increased
government spending by countries, such as China. Furthermore, the Chinese government had increased the investment due
to a dispute over territory among Brunei, Phillippines, and Malaysia.
The global sonobuoy market is estimated to witness a CAGR of 8%, from 2018 to 2023.
Report Sample @ https://www.marketresearchfuture.com/sample_request/6191
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Sonobuoy Market Research Report - Forecast to 2023
key players
The key players in global sonobuoy market are General Dynamics Corporation (U.S.), Radixon (Australia), Sparton (U.S.),
Thales Group (France), Ultra Electronics Group (U.K), SeaLandAire Technologies Inc (U.S.), Lone Star Electronics Co. (U.S.),
Lockheed Martin Corporation (U.S.), ERAPSCO (U.S.), and Sigma Pi-Power Sources Pvt Ltd (India).
The report for Global Sonobuoy Market of Market Research Future comprises extensive primary research, along with the
detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders; it helps
the reader gain a deeper insight into the market and industry performance. The report gives a clear picture of current
market scenario, including historical and projected market size in terms of value and volume, technological advancement,
macroeconomic and governing factors in the market. The report provides detailed information and strategies of the top key
players in the industry. The report also contains a broad study of the different market segments and regions.
Browse Report @ https://www.marketresearchfuture.com/reports/sonobuoy-market-6191
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Author
Monica Nerkar
Monica Nerkar337   documents Email
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