Sonobuoy Market By Technology Key Players, Revenue Size & Share, Industry Analysis 2020

0
0

Latest Industry News

Sparton Corporation and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), have inked subcontracts valued at the US $9.3 mn from their ERAPSCO/Sonobuoy TechSystems joint venture. ERAPSCO/Sonobuoy TechSystems will provide manufacturing subcontracts in the amount of $4.5 mn to Sparton DeLeon Springs, LLC and $4.8 mn to Ultra Electronics USSI. 10 AUG 2018

ERAPSCO has earned a contract worth the US $9.6 mn for engineering support for the Navy’s underwater active sonobuoys. 25 JAN 2018

A sonobuoy is useful for detecting the aircraft and track submarines at sea. It also provides the airborne platform with the capability of using underwater sound to determine the presence of an enemy submarine. Market Research Future (MRFR) has published a research report that expects aggrandizement for the global sonobuoy market with 8% CAGR (Compound Annual Growth Rate) between 2018 and 2023.

The key factors that drive the growth of this market include technological advancement, increasing demand for the development of the sonobuoy system, and increased need for cost-effective Anti-Submarine Warfare (ASW) systems. However, shortcomings like the low capability of sonobuoys to detect increasing stealthier submarines in littoral zones can restrain the growth of this market.

Sonobuoy Market Technology Key Players

The key players in the Sonobuoy Market Technology include ERAPSCO (USA), General Dynamics Corporation (USA), Lockheed Martin Corporation (USA), Lone Star Electronics Co. (USA), Radixon (Australia), SeaLandAire Technologies Inc (USA), Sigma Pi-Power Sources Pvt Ltd (India), Sparton (USA), Thales Group (France), and Ultra Electronics Group (UK).

The global sonobuoy market has been segmented on the basis of application, deployment, size, technology, type, and lastly, region. On the basis of application, this market has been segmented into detection & tracking, oil & gas, safety & security, and others. Based on deployment, the market has been segmented into the cartridge, free fall, pneumatic, and spring. By size, the market has been segmented into A, B, and C. The technology-based segmentation segments the market into command activated sonobuoy system, directional command activated sonobuoy system, directional frequency analysis and recording, low-frequency analysis and ranging, search and rescue, and others.

By types, the market has been segmented into active and passive. Active sonobuoys emit sound energy (pings) into the water and listen for the returning echo before transmitting ultra-high information frequency (UHF)/ very high frequency (VHF) radio to a receiving ship or aircraft. Passive sonobuoys emit nothing into the water. They just listen, waiting for sound waves from ships or submarines, or other acoustic signals of interest to reach the hydrophone.

The regional segmentation of the Sonobuoy Market Technology covers The Americas (North America & South America), Europe, Asia Pacific, and Middle East & Africa (MEA). During the forecast period, North America is expected to dominate the market, due to the presence of major manufacturers and increasing military expenses. The biggest country based markets in this region include the United States of America (USA) and Canada. North America is a bigger market than South America due to growing government funding for research and developments for military-related projects.

Due to technological advancement, Europe is a significant market. The most important market in this region comprise of France, Germany, Russia, and the United Kingdom (UK). The MEA region is a small market due to lack of awareness, lack of education, lack of technological development.

Global Sonobuoy Market: Information by Type (Active and Passive), Size (Size A, Size B, Size C), Application (Detection & Tracking, Safety & Security, Oil & Gas, Others), Deployment (Spring, Pneumatic, Free Fall, & Cartridge), & Region—Forecast till 2023 @ https://www.marketresearchfuture.com/reports/sonobuoy-market-6191

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.