According to IMARC Group’s latest report, titled “Sonobuoy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global sonobuoy market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.4% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A sonobuoy is a portable sonar system used to detect objects underwater and conduct multiple research and exploration activities. It consists of a radio transmitter and hydrophones for transferring ultra-high frequency. Sonobuoy is launched into the ocean by ships and aircraft for marine surveillance and anti-submarine warfare applications. Several types of sonobuoys include bathythermograph, multi-static, passive, active, and Differential Acoustic Frequency Analysis and Reading (DIFAR) buoys. These devices transmit sound waves to the seabed that gets reflected in the buoy and aid in detecting other submarines within the range to prevent potential attacks.
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The increasing adoption of sonobuoys in the naval defense sector due to rising incidences of cross-border marine encroachments is primarily driving the market growth. Moreover, the expanding oil and gas industry, coupled with the growing demand for sonobuoys in mapping the composition of the seabed layers to identify reserves, is further augmenting the global market. Several technological upgradations have led to the emergence of sonobuoys with advanced sensing, range, and direction capabilities. In addition to this, the rising adoption of unmanned underwater vehicles is further expected to drive the market for sonobuoys.
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List of Key Companies Covered in this Market Report:
- General Dynamics Mission Systems
- Radixon Group Pty Ltd (Robotron PTY Ltd.)
- Sealandaire Technologies Inc.
- Sparton Corporation
- Tata Power SED
- Thales Group
- Ultra Group
The report has segmented the market on the basis of function, technology, installation, size, range, application and geography
Breakup by Function:
- Special Purpose
Breakup by Technology:
- Bathythermo Buoy
- Directional Command Activated
- Data Link Communications
- Directional Frequency Analysis and Recording
- Low Frequency Analysis and Recording
Breakup by Installation:
Breakup by Size:
- Size A
- Size B
- Size C
Breakup by Range:
- Short Range
- Long Range
Breakup by Application:
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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