DUBLIN–(BUSINESS WIRE)–October 4, 2022–
The “Sound Buoys Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecasts 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global sonobuoy market size reached US$440 million in 2021. Looking forward, the publisher expects the market to reach US$609 million by 2027, growing at a CAGR of 5 .57% in 2021-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.
A sonobuoy refers to a portable sonar system used to track underwater objects and conduct research. It consists of a radio transmitter and hydrophones to transmit in ultra-high frequency (UHF). Sonobuoys are launched into the ocean by aircraft and ships for maritime patrol and anti-submarine warfare applications.
Some of the common types of sonobuoys include passive, active, multistatic, bathythermograph, and DIFAR (Differential Acoustic Frequency Analysis and Reading) buoys. They transmit sound waves to the seabed, which are reflected off the buoy, and help detect the presence of other submarines within range to prevent potential attacks.
The significant growth in the maritime industry across the globe is one of the key factors creating a positive market outlook. Furthermore, increasing adoption of sonobuoys to detect the presence of other submarines and monitor underwater seismic waves is also driving the growth of the market. Sonobuoys also find many applications in the oil and gas industry, where they are used to map the composition of seabed layers to identify salt domes and oil deposits.
This, along with various technological advancements, such as the use of advanced sensing, range, and direction capabilities, acts as another growth driver. Active sonobuoys are incorporated with radio transducers, receivers and advanced acoustic detection systems to improve operational efficiency. Other factors including rising defense spending and growing adoption of unmanned underwater vehicles are expected to further drive the market.
Key Market Segmentation:
The publisher provides analysis of key trends in each sub-segment of the global sonobuoy market report, as well as forecasts at the global, regional and country levels from 2022 to 2027. Our report has categorized the market based on function, technology, installation, size, range and application.
Breakdown by function:
- special purpose
Breakdown by technology:
- Bathythermo buoy
- Directional control on
- Data link communications
- Analysis and recording of directional frequencies
- Analysis and recording of low frequencies
Breakdown by facility:
- Free fall
Breakdown by size:
Breakdown by range:
Breakdown by application:
Breakdown by region:
- North America
- United States
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
Main topics covered:
2 Scope and methodology
3 Executive summary
5 Global Sonobuoy Market
6 Breakdown of the market by function
7 Market Breakdown by Technology
8 Market Breakdown by Installation
9 Market Breakdown by Size
10 Market Breakdown by Range
11 Market Breakdown by Application
12 Market Breakdown by Region
13 SWOT Analysis
14 Value chain analysis
15 Analysis of the five forces of carriers
16 Price Analysis
17 Competitive landscape
- General Dynamics Mission Systems
- Radixon Group Pty Ltd (Robotron PTY Ltd.)
- Sealandaire Technologies Inc.
- Spartan Company
- Tata Advanced Systems
- Thales Group
- Ultra Group.
For more information about this report visit https://www.researchandmarkets.com/r/3d0xc4
See the source version on businesswire.com: https://www.businesswire.com/news/home/20221004005878/en/
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KEYWORD INDUSTRY: OTHER DEFENSE EQUIPMENT OIL/GAS MINING/MINERALS ENERGY TECHNOLOGY DRONES NATURAL RESOURCES MARITIME DEFENSE GOVERNMENT TECHNOLOGY MILITARY TRANSPORT
SOURCE: Research and Markets
Copyright BusinessWire 2022.
PUBLISHED: 04/10/2022 11:01 AM/DISC: 04/10/2022 11:03 AM
Copyright BusinessWire 2022.