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Global Sonobuoy Market Report 2020: Market is Poised to Grow by $178.29 Million

Research and Markets
·3-min read

Dublin, Sept. 29, 2020 (GLOBE NEWSWIRE) -- The "Global Sonobuoy Market 2020-2024" report has been added to's offering.

The sonobuoy market is poised to grow by $ 178.29 million during 2020-2024 progressing at a CAGR of 7% during the forecast period.

The reports on sonobuoy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for strengthening ASW capabilities, increasing deployment of UAV/UUV, and increasing number of submarines. In addition, growing demand for strengthening ASW capabilities is anticipated to boost the growth of the market as well.

This study identifies the introduction of new software for communication as one of the prime reasons driving the sonobuoy market growth during the next few years. Also, miniature sonobuoys, and introduction of solid state bipolar battery for high power sonobuoy applications will lead to sizable demand in the market.

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sonobuoy market vendors that include ALCEN, General Dynamics Corp., RADIXON Group Pty. Ltd., Rostec State Corp., SeaLandAire Technologies Inc., Sociedad Anonima de Electronica Submarina, Sparton Corp., Tata Power SED, Thales Group, and Ultra Electronics Holdings Plc.

Also, the sonobuoy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by End user

  • Market segments

  • Comparison by End user

  • Defense - Market size and forecast 2019-2024

  • Commercial - Market size and forecast 2019-2024

  • Special purpose - Market size and forecast 2019-2024

  • Market opportunity by End user

Market Segmentation by Function

  • Market segments

  • Comparison by Function

  • Passive - Market size and forecast 2019-2024

  • Active - Market size and forecast 2019-2024

  • Market opportunity by Function

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • Key leading countries

  • Market opportunity by geography

  • Volume driver - Demand led growth

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors


  • General Dynamics Corp.

  • RADIXON Group Pty. Ltd.

  • Rostec State Corp.

  • SeaLandAire Technologies Inc.

  • Sociedad Anonima de Electronica Submarina

  • Sparton Corp.

  • Tata Power SED

  • Thales Group

  • Ultra Electronics Holdings Plc


For more information about this report visit and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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