Market Overview:
The Sonobuoy Launcher Market is estimated to register a CAGR of nearly 4% during the forecast period by 2027.
Market Research Future (MRFR) analysed the Sonobuoy Launcher Market 2020 through the review period across the assessment period till 2027. By 2027, the sonobuoy market can surge at decent pace to earn substantial revenue. The increase in demand for expendable and portable sonar system can favour expansion of the market in the review period. The rise in its application, such as ISR, maritime patrol, underwater research, and submarine detection among others. In addition, the increase in demand for sonobuoy launchers favour expansion of the market in the years to come.
The introduction of advanced sonobuoy launchers to offer better aircraft and the need for effective weapon management systems can support expansion of the market in analysis period. The availability of effective designing for sonobuoy launch systems can support market surge. Rise in emphasis on maritime security and subsequent rise in naval budgets, along with international seaborne trade can support market expansion. The growing focus on safe operations and increase in underwater exploration activities can positively impact the worldwide Sonobuoy Launcher Market upsurge. The rise in defense expenditure and subsequent increase in demand for anti-submarine warfare technology can boost expansion of the sonobuoy launcher market CAGR in the years to come.
Key Players:
The key players in the global Sonobuoy Launcher Market are Harris Corporation (US), Alkan S.A. (France), JSK Naval Support Inc. (Canada), and Geospectrum Technologies Inc. (Canada).
Market Segmentation:
The global Sonobuoy Launcher Market has been segmented based on launch configuration, launch mode, launch platform, and region.
Based on launch configuration, the Sonobuoy Launcher Market is divided into single launch system and multiple rotary launch system. The multiple rotary launch system segment is estimated to account for the largest market share and is projected to witness the highest CAGR during the forecast period as it can eject as much as forty sonobuoys. The aircraft mounted launchers can also be reloaded during flight.
Based on launch mode, the Sonobuoy Launcher Market is divided into pneumatic and others. Others include cartridge activated devices (CAD), spring-loaded, mechanical ejectors, and gravity release. The pneumatic segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. This type of launcher system is being offered by almost all players in the market.
Based on launch platform, the Sonobuoy Launcher Market is divided into aircraft and naval vessels. The aircraft segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. Meanwhile, the ships can carry heavier launcher systems and can deploy sonobuoys for maritime patrol, submarine detection, and other applications.
Regional Analysis:
Based on region, the sonobuoy launcher market data is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for sonobuoys in countries such as China, and India owing to rising maritime disputes.
Related reports:
In-flight Catering Services Market Research Report Information by Aircraft Class (First Class, Business Class, Premium Economy Class, and Economy Class), by Flight Type (Full Service and Low Cost), by Catering Type (Bakery Confectionary, Meals, Beverages and others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
航空宇宙積層造形市場調査レポート：プラットフォーム別（航空機 [固定翼および回転翼]、無人航空機および宇宙船）、用途（エンジン、構造物およびその他）、材料タイプ（金属合金、プラスチック、ゴムなど）、技術（3D印刷、レーザー焼結（直接金属および（選択的）、ステレオリソグラフィー、溶融堆積モデリング、電子ビーム溶融）と地域（北米、ヨーロッパ、アジア太平洋、中東、アフリカ、ラテンアメリカ）-2027年までの予測
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
Contact:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor, New York, New York 10013,
United States of America
+1 646 845 9312
