Global Sonobuoy Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Function;

Active, Passive and Special Purpose.

By Application;

Defense and Civil.

By Technology;

Bathythermo Buoy, , Search & Rescue Buoy, Directional Command Activated, Data Link Communications, Directional Frequency Analysis and Recording, Low Frequency Analysis and Recording, Extended Echo Ranging, Air Deployable Active Receiver and Vertical Line Array Directional Frequency Analysis and Recording.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn674137156 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Sonobuoy Market (USD Million), 2020 - 2030

In the year 2023, the Global Sonobuoy Market was valued at USD 388.31 million. The size of this market is expected to increase to USD 622.73 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The global sonobuoy market represents a critical segment within the defense and maritime industries, offering essential capabilities for underwater surveillance, anti-submarine warfare (ASW), and marine research. Sonobuoys are small, expendable sonar devices deployed from aircraft or ships to detect, track, and classify underwater targets, including submarines, surface vessels, and marine life. They serve as integral components of ASW operations, providing naval forces with situational awareness and threat detection capabilities in maritime environments, thereby enhancing maritime security and defense readiness.

The increasing maritime threats and evolving submarine capabilities among both state and non-state actors drive the demand for sonobuoys worldwide. As submarines continue to pose significant challenges to maritime security, navies invest in advanced ASW technologies like sonobuoys to maintain a tactical advantage and safeguard territorial waters. Moreover, growing tensions in strategic waterways and the rise of asymmetric threats heighten the importance of effective underwater surveillance and detection systems, further fueling the demand for sonobuoys across military and defense sectors globally.

Technological advancements play a crucial role in shaping the global sonobuoy market, driving innovation in sonar sensor technology, communication systems, and deployment methods. Manufacturers focus on developing lightweight, compact sonobuoys with enhanced detection capabilities and longer endurance to meet the evolving requirements of modern naval operations. Additionally, integration with unmanned systems and networked platforms enables more efficient deployment and data sharing, enhancing the overall effectiveness of sonobuoy systems in maritime surveillance and ASW missions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Function
    2. Market Snapshot, By Application
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Region
  4. Global Sonobuoy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Maritime Security Concerns
        2. Growing Demand for Anti-Submarine Warfare (ASW) Solutions
        3. Technological Advancements in Sonobuoy Systems
      2. Restraints
        1. Budget Constraints in Defense Spending
        2. Environmental Regulations
        3. Integration Challenges with Existing Systems
      3. Opportunities
        1. Rising Adoption of Unmanned Sonobuoys
        2. Emerging Applications in Offshore Energy Exploration
        3. Development of Multi-Function Sonobuoy Systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sonobuoy Market, By Function, 2022 - 2032 (USD Million)
      1. Active
      2. Passive
      3. Special Purpose
    2. Global Sonobuoy Market, By Application, 2022 - 2032 (USD Million)
      1. Defense
      2. Civil
    3. Global Sonobuoy Market, By Technology, 2022 - 2032 (USD Million)
      1. Bathythermo Buoy
      2. Search & Rescue Buoy
      3. Directional Command Activated
      4. Data Link Communications
      5. Directional Frequency Analysis and Recording
      6. Low Frequency Analysis and Recording
      7. Extended Echo Ranging
      8. Air Deployable Active Receiver
      9. Vertical Line Array Directional Frequency Analysis and Recording
    4. Global Sonobuoy Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ultra Electronics Holdings plc
      2. Thales Group
      3. Sparton Corporation
      4. Lockheed Martin Corporation
      5. General Dynamics Corporation
      6. Sonardyne International Ltd
      7. RADIXON Group
      8. L3Harris Technologies, Inc.
      9. SEALANDAIRE Technologies, Inc.
      10. GeoSpectrum Technologies Inc.
  7. Analyst Views
  8. Future Outlook of the Market

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