Persistence Market Research analyzes the global sonobuoy market over an eight year period from 2016 to 2024. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the global sonobuoy market over the forecast period (2016 – 2024).
The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global sonobuoy market.
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Sonobuoys are acoustic sensors built on the principle of Sound Navigation and Ranging (SONAR) system, for detecting the presence of submarines, sunken ships, oil and gas deposits, etc. They are carried in a Sonobuoy Launch Container (SLC) in ships and aircraft for pneumatic or free-fall launch.
They are built with hydrophones or transducers for converting sound signal to an electrical signal and transmitting it to the patrolling aircraft or ship. On the basis of operation, they are classified into passive and active sonobuoys. Sonobuoys are manufactured in sizes A and B. Size A sonobuoys have dimensions of 4.75” x 36”, whereas size B sonobuoys have dimensions of 6.875” x 60”.
This 149 page report gives readers a comprehensive overview of the Sonobuoy Market. Browse through Table. Browse through 72 figures and 24 data tables to unlock the hidden opportunities in this market.
The final section of the global sonobuoy market report presents a competitive landscape of the global sonobuoy market to provide report audiences with a dashboard view of leading market players operating in the global sonobuoy market, along with information on their market performance, SWOT analysis, and key business strategies. Some of the key players identified in the global sonobuoy market include ERAPSCO, Radixon, and Thales Group.
The global sonobuoy market report utilizes extensive primary and secondary research to ascertain overall market size, top industry players, top products, etc. The report incorporates various viewpoints based on secondary research. Furthermore, data points such as regional split and market split by product type, application type and region; and qualitative inputs from industry experts have been taken into consideration to arrive at suitable market estimates.
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The report begins by sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the ever-fluctuating nature of the global economy, the report presents forecasts not only in terms of CAGR, but also analyzes the global sonobuoy market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global sonobuoy market.
Some key vendors such as ERAPSCO, Radixon, and Thales Group focus on collaborating with naval forces to provide enhanced product offerings specifically suited for defense applications, to consolidate their position in the market. ERAPSCO is a joint venture between Sparton Corporation and Ultra Electronics USSI, focused on manufacturing sonobuoys and related products for antisubmarine operations.
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