Sonobuoy Market 2018 Key Countries Analysis By General Dynamics, Radixon, Sparton, Thales, Ultra Electronics, SeaLandAire, ERAPSCO and Lockheed Martin

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 2023

Market Research Future published a half cooked research report on Sonobuoy. The Sonobuoy is estimated to witness a CAGR of 8% from 2018 to 2023.

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Market Highlights:

A sonobuoy is a compact, and air-deployed acoustic sensor designed to be dropped from an aircraft. It provides the acoustic information from underwater sound to airborne platform about the presence of enemy submarine. The technology advances in a submarine and antisubmarine sensors has led to the increasing demand for the development of sonobuoy system. The increased need for cost-effective Anti-Submarine Warfare (ASW) systems will enable manufacturers to offer new growth opportunities to the market players. However, there are some shortcomings, such as the low capability of sonobuoys to detect increasing stealthier submarines in littoral zones, which will restrain the growth of this market. The market for sonobuoy is estimated to witness a CAGR of 8% during the forecast period.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East, and Latin America. In North America, the presence of major manufacturers and increased defense expenses will boost the market. In Asia Pacific, the rise in maritime disputes and increased government spending by countries, such as China will boost the market. In 2013, General Dynamics signed a contract with Republic of Korea Navy (RoKN) to provide next-generation acoustic processing systems. In 2015, Ultra Electronics signed a contract with the Royal Navy’s marine to supply sonobuoys for maritime patrol helicopter. In 2018, ERAPSCO signed a contract with U.S. Navy to manufacture and supply sonobuoys.

Key Players

The key players in 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).

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The scope of the Report

This study provides an overview of the Sonobuoy Market, tracking five market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Sonobuoy by its technology, type, application, size, deployment, and region.

By Technology

• Search and Rescue
• Directional Command Activated Sonobuoy System
• Command Activated Sonobuoy System
• Directional Frequency Analysis and Recording
• Low-Frequency Analysis and Ranging
• Others

By Type

• Active
• Passive

By Application

• Detection & Tracking
• Safety & Security
• Oil & Gas
• Others

By Size

• A
• B
• C

By Deployment

• Spring
• Pneumatic
• Free Fall
• Cartridge

By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

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.

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

Continues....

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