Product Code: SR112023A2331
Abstract
Market Overview:
The global sonobuoy market size reached US$ 468.2 Million in 2022. Looking forward, IMARC Group 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.
Key Market Segmentation:
IMARC Group 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 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Sonobuoy Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Function
- 6.1 Active
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Passive
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Special Purpose
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Bathythermo Buoy
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Directional Command Activated
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Data Link Communications
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Directional Frequency Analysis and Recording
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Low Frequency Analysis and Recording
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Installation
- 8.1 Spring
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Pneumatic
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Free-Fall
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Cartridge
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Size
- 9.1 Size A
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Size B
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Size C
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Range
- 10.1 Short Range
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Long Range
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Application
- 11.1 Defense
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Commercial
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Others
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
12 Market Breakup by Region
- 12.1 North America
- 12.1.1 United States
- 12.1.1.1 Market Trends
- 12.1.1.2 Market Forecast
- 12.1.2 Canada
- 12.1.2.1 Market Trends
- 12.1.2.2 Market Forecast
- 12.2 Asia Pacific
- 12.2.1 China
- 12.2.1.1 Market Trends
- 12.2.1.2 Market Forecast
- 12.2.2 Japan
- 12.2.2.1 Market Trends
- 12.2.2.2 Market Forecast
- 12.2.3 India
- 12.2.3.1 Market Trends
- 12.2.3.2 Market Forecast
- 12.2.4 South Korea
- 12.2.4.1 Market Trends
- 12.2.4.2 Market Forecast
- 12.2.5 Australia
- 12.2.5.1 Market Trends
- 12.2.5.2 Market Forecast
- 12.2.6 Indonesia
- 12.2.6.1 Market Trends
- 12.2.6.2 Market Forecast
- 12.2.7 Others
- 12.2.7.1 Market Trends
- 12.2.7.2 Market Forecast
- 12.3 Europe
- 12.3.1 Germany
- 12.3.1.1 Market Trends
- 12.3.1.2 Market Forecast
- 12.3.2 France
- 12.3.2.1 Market Trends
- 12.3.2.2 Market Forecast
- 12.3.3 United Kingdom
- 12.3.3.1 Market Trends
- 12.3.3.2 Market Forecast
- 12.3.4 Italy
- 12.3.4.1 Market Trends
- 12.3.4.2 Market Forecast
- 12.3.5 Spain
- 12.3.5.1 Market Trends
- 12.3.5.2 Market Forecast
- 12.3.6 Russia
- 12.3.6.1 Market Trends
- 12.3.6.2 Market Forecast
- 12.3.7 Others
- 12.3.7.1 Market Trends
- 12.3.7.2 Market Forecast
- 12.4 Latin America
- 12.4.1 Brazil
- 12.4.1.1 Market Trends
- 12.4.1.2 Market Forecast
- 12.4.2 Mexico
- 12.4.2.1 Market Trends
- 12.4.2.2 Market Forecast
- 12.4.3 Others
- 12.4.3.1 Market Trends
- 12.4.3.2 Market Forecast
- 12.5 Middle East and Africa
- 12.5.1 Market Trends
- 12.5.2 Market Breakup by Country
- 12.5.3 Market Forecast
13 SWOT Analysis
- 13.1 Overview
- 13.2 Strengths
- 13.3 Weaknesses
- 13.4 Opportunities
- 13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
- 15.1 Overview
- 15.2 Bargaining Power of Buyers
- 15.3 Bargaining Power of Suppliers
- 15.4 Degree of Competition
- 15.5 Threat of New Entrants
- 15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
- 17.1 Market Structure
- 17.2 Key Players
- 17.3 Profiles of Key Players
- 17.3.1 General Dynamics Mission Systems
- 17.3.1.1 Company Overview
- 17.3.1.2 Product Portfolio
- 17.3.2 Radixon Group Pty Ltd (Robotron PTY Ltd.)
- 17.3.2.1 Company Overview
- 17.3.2.2 Product Portfolio
- 17.3.3 Sealandaire Technologies Inc.
- 17.3.3.1 Company Overview
- 17.3.3.2 Product Portfolio
- 17.3.4 Sparton Corporation
- 17.3.4.1 Company Overview
- 17.3.4.2 Product Portfolio
- 17.3.5 Tata Advanced Systems
- 17.3.5.1 Company Overview
- 17.3.5.2 Product Portfolio
- 17.3.6 Thales Group
- 17.3.6.1 Company Overview
- 17.3.6.2 Product Portfolio
- 17.3.6.3 Financials
- 17.3.6.4 SWOT Analysis
- 17.3.7 Ultra Group
- 17.3.7.1 Company Overview
- 17.3.7.2 Product Portfolio
- 17.3.7.3 Financials