The global sonobuoy market size reached US$ 468.2 Million in 2022. Looking forward, the analyst expects the market to reach US$ 641.1 Million by 2028, exhibiting a growth rate (CAGR) of 5.26% during 2023-2028.
A sonobuoy refers to a portable sonar system that is used for tracking underwater objects and conducting research. It consists of a radio transmitter and hydrophones for transmitting ultra-high frequency (UHF). The sonobuoys are launched into the ocean by aircraft and ships for marine patrol and anti-submarine warfare applications. Some of the common types of sonobuoys include passive, active, multi-static, bathythermograph and Differential Acoustic Frequency Analysis and Reading (DIFAR) buoys. They transmit sound waves to the seabed, which gets reflected to the buoy, and assist in detecting the presence of other submarines within the range to prevent potential attacks.
Significant growth in the maritime industry across the globe is one of the key factors creating a positive outlook of the market. Furthermore, the increasing adoption of sonobuoys to detect the presence of other submarines and monitor underwater seismic waves is also driving the market growth. Sonobuoys also find extensive applications across the oil and gas industry wherein they are used for mapping the composition of the seabed layers to identify salt domes and oil deposits. This, along with various technological advancements, such as the utilization of advanced sensing, range and direction capabilities, is acting as another growth-inducing factor. Active sonobuoys are incorporated with advanced radio transducers, receivers and acoustic sensing systems to enhance operational efficiency. Other factors, including increasing defense expenditure and the growing adoption of unmanned underwater vehicles, are expected to drive the market further.
2. What is the expected growth rate of the global sonobuoy market during 2023-2028?
3. What are the key factors driving the global sonobuoy market?
4. What has been the impact of COVID-19 on the global sonobuoy market?
5. What is the breakup of the global sonobuoy market based on the function?
6. What is the breakup of the global sonobuoy market based on the technology?
7. What is the breakup of the global sonobuoy market based on installation?
8. What is the breakup of the global sonobuoy market based on the size?
9. What is the breakup of the global sonobuoy market based on the range?
10. What is the breakup of the global sonobuoy market based on the application?
11. What are the key regions in the global sonobuoy market?
12. Who are the key players/companies in the global sonobuoy market?
A sonobuoy refers to a portable sonar system that is used for tracking underwater objects and conducting research. It consists of a radio transmitter and hydrophones for transmitting ultra-high frequency (UHF). The sonobuoys are launched into the ocean by aircraft and ships for marine patrol and anti-submarine warfare applications. Some of the common types of sonobuoys include passive, active, multi-static, bathythermograph and Differential Acoustic Frequency Analysis and Reading (DIFAR) buoys. They transmit sound waves to the seabed, which gets reflected to the buoy, and assist in detecting the presence of other submarines within the range to prevent potential attacks.
Significant growth in the maritime industry across the globe is one of the key factors creating a positive outlook of the market. Furthermore, the increasing adoption of sonobuoys to detect the presence of other submarines and monitor underwater seismic waves is also driving the market growth. Sonobuoys also find extensive applications across the oil and gas industry wherein they are used for mapping the composition of the seabed layers to identify salt domes and oil deposits. This, along with various technological advancements, such as the utilization of advanced sensing, range and direction capabilities, is acting as another growth-inducing factor. Active sonobuoys are incorporated with advanced radio transducers, receivers and acoustic sensing systems to enhance operational efficiency. Other factors, including increasing defense expenditure and the growing adoption of unmanned underwater vehicles, are expected to drive the market further.
Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global sonobuoy market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on function, technology, installation, size, range and application.Breakup by Function:
- Active
- Passive
- Special Purpose
Breakup by Technology:
- Bathythermo Buoy
- Directional Command Activated
- Data Link Communications
- Directional Frequency Analysis and Recording
- Low Frequency Analysis and Recording
- Others
Breakup by Installation:
- Spring
- Pneumatic
- Free-Fall
- Cartridge
Breakup by Size:
- Size A
- Size B
- Size C
- Others
Breakup by Range:
- Short Range
- Long Range
Breakup by Application:
- Defense
- Commercial
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being General Dynamics Mission Systems, Radixon Group Pty Ltd (Robotron PTY Ltd.), Sealandaire Technologies Inc., Sparton Corporation, Tata Advanced Systems, Thales Group and Ultra Group.Key Questions Answered in This Report
1. What was the size of the global sonobuoy market in 2022?2. What is the expected growth rate of the global sonobuoy market during 2023-2028?
3. What are the key factors driving the global sonobuoy market?
4. What has been the impact of COVID-19 on the global sonobuoy market?
5. What is the breakup of the global sonobuoy market based on the function?
6. What is the breakup of the global sonobuoy market based on the technology?
7. What is the breakup of the global sonobuoy market based on installation?
8. What is the breakup of the global sonobuoy market based on the size?
9. What is the breakup of the global sonobuoy market based on the range?
10. What is the breakup of the global sonobuoy market based on the application?
11. What are the key regions in the global sonobuoy market?
12. Who are the key players/companies in the global sonobuoy market?
Table of Contents
1 Preface3 Executive Summary14 Value Chain Analysis16 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Sonobuoy Market
6 Market Breakup by Function
7 Market Breakup by Technology
8 Market Breakup by Installation
9 Market Breakup by Size
10 Market Breakup by Range
11 Market Breakup by Application
12 Market Breakup by Region
13 SWOT Analysis
15 Porters Five Forces Analysis
17 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- General Dynamics Mission Systems
- Radixon Group Pty Ltd (Robotron PTY Ltd.)
- Sealandaire Technologies Inc.
- Sparton Corporation
- Tata Advanced Systems
- Thales Group
- Ultra Group
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 147 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 468.2 Million |
| Forecasted Market Value ( USD | $ 641.13 Million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 7 |
