Sonobuoy Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Sonobuoy Market size is expected to grow at an annual average of 6% during 2021-2027. Sonobuoy is an acoustic sensor built on the principles of the Sound Navigation and Ranging (SONAR) system to detect the presence of submarines, sunken ships, oil and gas deposits, etc. These are transported in the Sonobuoy Launch Container (SLC) on ships and aircraft. Use of pneumatic or free-fall feet. They are built as hydrophones or transducers to convert sound signals into electrical signals and transmit them to patrol aircraft or ships.

The following segmentation are covered in this report:

By Application

• Defense
• Civil

By Function

• Active
• Passive
• Special Purpose

Company Profile

• ERAPSCO (joint venture between Sparton Corporation and Ultra Electronics USSI)
• Radixon
• Thales Group
• Sealandaire Technologies, Inc.
• General Dynamics Corporation
• Lockheed Martin Corporation

Scope of the report

The research study analyses the Sonobuoy Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Sonobuoy Market Report

• What was the Sonobuoy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Sonobuoy Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.