The global sonobuoy market grew at a CAGR of around 6% during 2014-2019. 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. Looking forward, IMARC Group expects the global sonobuoy market to continue its moderate growth during the next five years.
Breakup by Function:
Breakup by Technology:
Directional Command Activated
Data Link Communications
Directional Frequency Analysis and Recording
Low Frequency Analysis and Recording
Breakup by Installation:
Breakup by Size:
Breakup by Range:
Breakup by Application:
Breakup by Region:
Middle East and Africa
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 Power SED, Thales Group and Ultra Group.
Key questions answered in this report:
How has the global sonobuoy market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global sonobuoy market?
What are the key regional markets?
What is the breakup of the market based on the function?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the installation?
What is the breakup of the market based on the size?
What is the breakup of the market based on the range?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global sonobuoy market and who are the key players?
What is the degree of competition in the industry?