IMARC Group's report titled "Sonobuoy Market Report by Function (Active, Passive, Special Purpose), Technology (Bathythermo Buoy, Directional Command Activated, Data Link Communications, Directional Frequency Analysis and Recording, Low Frequency Analysis and Recording, and Others), Installation (Spring, Pneumatic, Free-Fall, Cartridge), Size (Size A, Size B, Size C, and Others), Range (Short Range, Long Range), Application (Defense, Commercial, and Others), and Region 2024-2032". The global sonobuoy market size reached US$ 496.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 785.6 Million by 2032, exhibiting a growth rate (CAGR) of 5.16% during 2024-2032.Factors Affecting the Growth of the Global Sonobuoy Industry:
Rising Submarine Threats:
The rising menace of submarines, whether conventional or nuclear-powered, underscores the escalating demand for sonobuoys in naval defense tactics. With submarines advancing in stealth and evasion capabilities, sonobuoys emerge as indispensable assets in anti-submarine warfare.
Increasing Search and Rescue Operation:
Search and rescue (SAR) missions at sea rely on cutting-edge technology for locating and aiding distressed vessels and individuals. Sonobuoys, fitted with acoustic listening devices, are increasingly integral to SAR operations, detecting underwater signals, including distress calls and emergency beacons, emitted by distressed ships and aircraft.
Growing Commercial Applications:
In addition to their military and defense roles, sonobuoys are increasingly serving various commercial purposes. These include applications in sectors like offshore oil and gas exploration and marine research. Within the oil and gas industry, sonobuoys are utilized for underwater surveys, environmental monitoring, and pipeline inspections.
Leading Companies Operating in the Global Sonobuoy Industry:
General Dynamics Mission Systems
Radixon Group Pty Ltd (Robotron PTY Ltd.)
Sealandaire Technologies Inc.
Sparton Corporation
Tata Advanced Systems
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/sonobuoy-market/requestsample
Sonobuoy Market Report Segmentation:
By Function:?
Active
Passive
Special Purpose
By Technology:
Bathythermo Buoy
Directional Command Activated
Data Link Communications
Directional Frequency Analysis and Recording
Low Frequency Analysis and Recording
By Installation:
Spring
Pneumatic
Free-Fall
Cartridge
By Size:
Size A
Size B
Size C
By Range:
Short Range
Long Range
By Application:
Defense
Commercial
Others
Sonobuoy Market Trends:
The sonobuoy sector is experiencing notable technological progress. Manufacturers are crafting sonobuoys equipped with upgraded acoustic sensors, signal processing prowess, and communication setups. These enhancements bolster the sonobuoys' capacity to pinpoint and monitor underwater targets more accurately, heightening their efficacy in anti-submarine warfare and maritime surveillance.
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