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Global Sonobuoy Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The sonobuoy market is poised to grow by $ 178.29 million during 2020-2024 progressing at a CAGR of 7% during the forecast period. The reports on sonobuoy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for strengthening ASW capabilities, increasing deployment of UAV/UUV, and increasing number of submarines. In addition, growing demand for strengthening ASW capabilities is anticipated to boost the growth of the market as well.
The sonobuoy market analysis includes end-user segment and geographic landscapes.
The sonobuoy market is segmented as below:
By End User
- Defense
- Commercial
- Special purpose
By Geographic Landscapes
- North America
- APAC
- Europe
- South America
- MEA
This study identifies the introduction of new software for communication as one of the prime reasons driving the sonobuoy market growth during the next few years. Also, miniature sonobuoys, and introduction of solid state bipolar battery for high power sonobuoy applications will lead to sizable demand in the market.
The sonobuoy market covers the following areas:
- Sonobuoy market sizing
- Sonobuoy market forecast
- Sonobuoy market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sonobuoy market vendors that include ALCEN, General Dynamics Corp., RADIXON Group Pty. Ltd., Rostec State Corp., SeaLandAire Technologies Inc., Sociedad Anonima de Electronica Submarina, Sparton Corp., Tata Power SED, Thales Group, and Ultra Electronics Holdings Plc. Also, the sonobuoy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
This study presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
The market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End user
Market Segmentation by Function
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global sonobuoy market: ALCEN, General Dynamics Corp., RADIXON Group Pty. Ltd., Rostec State Corp., SeaLandAire Technologies Inc., Sociedad Anonima de Electronica Submarina, Sparton Corp., Tata Power SED, Thales Group, and Ultra Electronics Holdings Plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is introduction of new software for communication."
According to the report, one of the major drivers for this market is the growing demand for strengthening asw capabilities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ALCEN
- General Dynamics Corp.
- RADIXON Group Pty. Ltd.
- Rostec State Corp.
- SeaLandAire Technologies Inc.
- Sociedad Anonima de Electronica Submarina
- Sparton Corp.
- Tata Power SED
- Thales Group
- Ultra Electronics Holdings Plc
