Press release
Sonobuoy Market Analysis 2020-2025 || By General Dynamics Corporation (US), Lockheed Martin Corporation (US), Lone Star Electronics Co. (US), Radixon (Australia)
The global sonobuoy market is expected to register a 6.62% CAGR during the forecast period from 2019 to 2025.In 2018, the market was led by North America with a 31.83% share, followed by Asia-Pacific and Europe with shares of 23.46% and 21.67%, respectively. The growth of the global sonobuoy market can be attributed to the growing demand for submarines and rise in industrial applications of sonobuoy.
The Sonobuoy Market research report covers the latest market statistics, industry growth driving factors, size, share, trends, as well as Forecast till 2025. The Global Menthol market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
A sonobuoy is specialized equipment that uses sonar for its operation. The name is derived by combining two words that describe it, sonar and buoy. Basically, it is an information collection device that uses sonar and can float. It can be used in several industries but is mainly utilized in military applications and oil and gas exploration.
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Key players covered in this report:
General Dynamics Corporation (US)
Lockheed Martin Corporation (US)
Lone Star Electronics Co. (US)
Radixon (Australia)
Sealandaire Technologies Inc. (US) and more....
A sonobuoy is a device used to detect and identify moving objects in the water. It is compact and expendable and has an acoustic sensor. It is 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.
Typically, the application of sonobuoy is to detect submarines by either listening for the sounds produced by propellers and machinery, known as passive detection or by bouncing a sonar "ping" off the surface of the submarine known as active detection. Specialized sonobuoys can also locate electric fields and magnetic anomalies. It measuring environmental parameters such as water temperature versus depth, barometric pressure, air temperature, and wave height.
Objective of the Global Sonobuoy Market Report - Forecast to 2025
o To provide insights into factors influencing the market growth
o To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their key countries
o To provide historical and forecast revenue of the market segments based on type, application, size, deployment, and region
o To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
Highlighted points of the global market research report:
It includes global market driving and restraining factors
It offers business profiles of various global investors
Analysis of micro and macro-economic factors impacting on the global market
Influence of the Sonobuoy market report:
-Comprehensive assessment of all opportunities and risk in the Sonobuoy market.
- Sonobuoy market recent innovations and major events.
-Detailed study of business strategies for growth of the Sonobuoy market-leading players.
-Conclusive study about the growth plot of Sonobuoy market for forthcoming years.
-In-depth understanding of Sonobuoy market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Sonobuoy market.
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