Global Sonobuoy Sales Market Report 2021

A sonobuoy (a portmanteau of sonar and buoy) is a relatively small buoy (typically 13 cm or 5 in, in diameter and 91 cm or 3 ft long) expendable sonar system that is dropped/ejected from aircraft or ships conducting anti-submarine warfare or underwater acoustic research. A tactical sonar system for transmitting submarine activity, the sonobuoy is a core technology for anti-submarine warfare.
The Major regions to produce Sonobuoy are North America and Europe which accounting for about 90 % of sales revenue in total. North America is the largest demand region (sales value share 68% in 2017). Sonobuoy product demand is in a certain space, and the main consumer countries are moderately developed countries and developed countries.

Market Analysis and Insights: Global Sonobuoy Market
The global Sonobuoy market was valued at US$ 313 in 2020 and will reach US$ 384.8 million by the end of 2027, growing at a CAGR of 3.5% during 2022-2027.

Global Sonobuoy Scope and Market Size
The global Sonobuoy market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sonobuoy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Active Sonobuoy
Passive Sonobuoy
Special Purpose Sonobuoy

Segment by Application
Defense
Civil

The Sonobuoy market is analysed and market size information is provided by regions (countries). Segment by Application, the Sonobuoy market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Sparton
Ultra Electronics
Thales

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