Sonobuoy Launcher Market Size worth US$ 261.93 Million by 2027 | CAGR: 5.5%

According to our latest market study on “Sonobuoy Launcher Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Type (Multiple Rotary Launch System, Single Launch System); Ejection Platform (Aircraft, Ships), and Geography,” the market was valued at US$ 169.79 million in 2019 and is projected to reach US$ 261.93 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027. The report highlights the key factors driving the market growth, and prominent players and their developments in the market.

The procurement of maritime patrol aircraft integrated with sonobuoy and antisubmarine warfare technologies is at a constant rise. The increase in the need of marine patrol aircraft with these technologies is generating substantial demand for sonobuoy launchers among MPA manufacturers. Apart from fixed-wing aircraft, several rotary-wing aircraft or helicopters are also being adopted and inducted as maritime patrol aircraft integrated with sonobuoy launchers. Recently, the US Navy, South Korean Navy, and New Zealand Navy awarded a contract to Boeing to deliver 18 units of P8 Poseidon MPA integrated with sonobuoy launchers for respective naval surveillance.

Major Key Players Covered In This Report: Alkan, Geospectrum Technologies Inc., L3Harries, Aurora Flight Sciences, JSK Naval Support Inc., Marshall Aerospace and Defence Group, MES S.P.A., Systems Engineering Associates Corporation, SAES, and Ultra Electronics are among the leading players operating in the market.

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Sonobuoy Launcher market. The researcher provides an extensive analysis of the Sonobuoy Launcher market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

The report segments the global sonobuoy launcher market as follows:

• By Type
o Multiple Rotary Launch System
o Single Launch System

• By Ejection Platform
o Aircraft
o Ships

Sonobuoy Launcher Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2020 – 2027, considering 2020 as the base year and 2020 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Sonobuoy Launcher market.

Sonobuoy Launcher Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Sonobuoy Launcher Market.
• Key market trends cracking up the growth of the Sonobuoy Launcher Market.
• Challenges to market growth.
• Key vendors of Sonobuoy Launcher Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Sonobuoy Launcher Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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