Sonobuoy Market, By Type, By Application, By Size, By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Sonobuoys are compact, expandable sonar devices used for a variety of underwater applications, including anti-submarine warfare and acoustic surveys. They are typically small, 13 cm (5 inches) in diameter and 91 cm (3 ft) long, making them easy to deploy from aircraft and ships. There are two main types of sonobuoys, active sonobuoys and passive sonobuoys, each designed for a specific mission. Active sonobuoys send sonar signals into the water and listen for their reflections, while passive sonobuoys simply listen and detect the presence of noise underwater.. Aircraft tasked with locating submarines operating underwater typically focus on specific target areas depending on the type of submarine they are looking for. The size of the target area depends on the characteristics of the target submarine.
Market Dynamics
Sonobuoys play an important role in underwater surveillance and detection. These are launched from ships and aircraft and detect underwater acoustic signals. In anti-submarine warfare, sonobuoys are equipped with hydrophones that can listen and record the acoustic signals emitted by submarines. These signals are transmitted wirelessly to ships and aircraft, enabling early detection of enemy ships and providing valuable information in wartime to prevent potential damage. This aspect is the major driver of the growth of the global sonobuoy market during the forecast period. In addition, sonobuoys are also used for oil and gas detection. By transmitting sound waves that are reflected off the seafloor, sonobuoys can measure the time it takes for the sound to return and calculate the thickness of the seafloor. This information helps discover subseafloor oil and gas deposits. Governments around the world are investing in oil and gas detection using sonobuoys because sonobuoys make an invaluable contribution to the development of nations by identifying valuable resources. The use of sonobuoys for oil and gas exploration is expected to lead to further growth of the global sonobuoy market during the forecast period. As technology continues to advance, sonobuoys may play an increasingly important role in enhancing both military and civilian applications, cementing their position as important underwater surveillance tools in a variety of fields.
Key Features of the Study
This report provides an in-depth analysis of the global sonobuoy market with market size (US$ Million) and CAGR (%) over the forecast period (2023 - 2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global sonobuoy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key companies covered in the global sonobuoy market include ERAPSCO (a joint venture between Sparton Corporation and Ultra Electronics USSI), Lockheed Martin Corporation, SEALANDAIRE TECHNOLOGIES, INC., Radixon, General Dynamics Corporation (General Dynamics Mission Systems, Inc.), and Thales Group.
Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to future product launches, technology upgrades, market expansion, and marketing tactics
Various strategy matrices used in analyzing the global sonobuoy market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
Global Sonobuoy Market, By Type:
Active
Passive:
Global Sonobuoy Market, By Application:
Detection
Safety & Security
Oil & Gas
Others
Global Sonobuoy Market, By Size:
Size A
Size B
Others
Global Sonobuoy Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
ERAPSCO (a joint venture between Sparton Corporation and Ultra Electronics USSI)*
Lockheed Martin Corporation
SEALANDAIRE TECHNOLOGIES, INC.
Radixon
General Dynamics Corporation (General Dynamics Mission Systems, Inc.)
Thales Group.
1. Research Objective and assumption
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Size
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing deployment of sonobuoys to detect the presence of submarines
Increasing demand for advanced anti-submarine warfare (ASW) capabilities in naval operations
Restraints
Strict regulatory policies enforced regarding the use of sonobuoys
Limited underwater communication range
Market Opportunities
Growing demand for anti-submarine warfare (ASW) capabilities.
Growing Maritime Security Concerns in Asia-Pacific Region
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New Product Approvals/Launch
4. Global Sonobuoy Market, By Type, 2018 – 2030, (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Active
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
Passive
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
5. Global Sonobuoy Market, By Application, 2018 – 2030, (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Detection
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
Safety & Security
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
Oil & Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
6. Global Sonobuoy Market, By Size, 2018 – 2030, (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Size A
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
Size B
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, 2018-2030,(US$ Million)
7. Global Sonobuoy Market,, By Region, 2017 - 2030 (US$ Million)
Introduction
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, By Type, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Application, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Size, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Country, 2018 – 2030, (US$ Million)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, By Type, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Application, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Size, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Country, 2018 – 2030, (US$ Million)
Germany
Italy
U.K.
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, By Type, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Application, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Size, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Country, 2018 – 2030, (US$ Million)
China
Japan
Australia
India
ASEAN
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, By Type, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Application, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Size, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Country, 2018 – 2030, (US$ Million)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth, By Type, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Application, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Size, 2018 – 2030, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, and Y-o-Y Growth , By Country, 2018 – 2030, (US$ Million)
GCC Countries
Israel
South Africa
Rest of Middle East & Africa
8. Competitive Landscape
Company Profiles
ERAPSCO (a joint venture between Sparton Corporation and Ultra Electronics USSI)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lockheed Martin Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
SEALANDAIRE TECHNOLOGIES, INC.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Radixon
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
General Dynamics Corporation (General Dynamics Mission Systems, Inc.)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Thales Group.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Section
References
Research Methodology
About us and Sales Contact
*Browse market data tables and figures on “Global Sonobuoy Market-forecast to 2030”.