DataLibraryResearch is tracking the market dynamics of the crisis in the Aerospace & Defense industry amid lock-down changes in the supply chain.

Get detailed analysis of the COVID-19 impact on the Sonobuoy Market

Global Sonobuoy Market Opportunities and Forecast 2020-2027

Name: Sonobuoy Market
Brand: Data Library Research
SKU: Aerospace & Defense
Price: 3799.0 USD
Availability: InStock
Rating: 4.5 (5 reviews)

DLR1853
19 September, 2020
Aerospace & Defense
Pages: 120
Global

Summary

Global Sonobuoy Market, By Type (Passive, Active), By Application (Safety and Security, Detection and Tracking, Oil & Gas, Others) By Deployment (Pneumatic, spring, Free Fall, Cartridge) opportunities and forecast 2020-2027

Covid-19 Impact on Sonobuoy Market:

As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.

Market Overview

The global sonobuoy market is anticipated to witness considerable growth during forecast period. North America is projected to be prominent region for sonobuoy market due to presence of key manufacturers such as General Dynamics Corporation, Sparton, and Lockheed Martin Corporation. Europe held second-largest share of global sonobuoy market in 2010. Growing investments in the research to conduct the underwater acoustic surveillance in regions such as Asia-Pacific and Middle East are predictable to drive growth of global sonobuoy market in coming years. Furthermore, naval modernization programs are driving the market growth in the Asia-Pacific. The rising demand for submarines and increase in industrial applications of the sonobuoys are key drivers for growth of global sonobuoy market. Additionally, 2020, COVID 19 pandemic is further expected to create vital impact on the market.

Segment Overview

The active sonobuoys segment is anticipated to command the major market share of global sonobuoy market, by type, during forecast period. Active sonobuoys produce soundwaves that redirect off objects in water. They are utlilized to identify quiet diesel submarines or the submarines in attack mode. Active sonobuoys are similarly used in the command activated sonobuoy systems and the DICASS (i.e. Directional Command Activated Sonobuoy Systems). The active segment accounted for the larger market share of over 60% in 2019, with market value of over USD 250.0 million.

Regional Overview

The global market has been divided, by region, into Asia-Pacific, Europe, North America, the Middle East & Africa (MEA), and Latin America. In North America, a rise in investments in the environmental research by the 2035 is anticipated to create the opportunities for players in the market. Naval innovation efforts and building of naval capabilities, including use for submarine detection, are motivating market growth in the region.

Competitor overview

In Dec 2018, Lockheed Martin signed contract with ERAPSCO, Inc. to supply and manufacture advanced sonobuoys to U.S. Navy.

In Oct 2018, the General Dynamics Corporation-Canada, subsidiary of the General Dynamics Corporation, signed contract to deliver significant anti-submarine warfare upgrade for Royal Canadian Navy product 12 Halifax-class frigates.

In Oct 2018, Thales Group launched sonobuoy called SonoFlash, which combines powerful emitter and high-performance and the low-frequency passive sensor.

In Aug 2018, Sparton signed contract with the Ultra Electronics Group to provide sonobuoys to U.S. Navy.

Key Players

Radixon
Ultra-Electronics Group
Sparton
General Dynamics Corporation
Thales Group
Lockheed Martin Corporation
Sealandaire Technologies Inc.
Lone Star Electronics Co.
Sigma Pi-Power Sources Pvt. Ltd

Market Segmentation

By Type

Passive
Active

By Application

Safety and Security
Detection and Tracking
Oil & Gas
Others

By Deployment

Pneumatic
Spring
Free Fall
Cartridge

By Geography

North America
- US
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA

Table of Contents

1 Executive Summary 14

2 Market Introduction 16

2.1 Definition 17
2.2 Scope of the Study 17
2.3 Market Structure 17
2.4 Key Takeaways 18
2.5 Key Buying Criteria 18

3 Research Methodology 19

3.1 Research Process 20
3.2 Primary Research 20
3.3 Secondary Research 21
3.4 Market Size Estimation 22
3.5 Forecast Model 23
3.6 List of Assumptions 24

4 Market Dynamics 25

4.1 Introduction 26
4.2 Drivers 26
- 4.2.1 Growing Demand for Submarines 26
- 4.2.2 Rise in Industrial Applications of Sonobuoy 26
4.3 Restraints 27
- 4.3.1 Impact on Marine Life 27
- 4.3.2 Limited Detection Capability in Littoral Zones 27
4.4 Opportunities 27
- 4.4.1 Surge in demand for Unmanned Underwater Vehicles 27
- 4.4.2 Rising Need for Cost-Effective ASW Systems 27

5 Market Factor Analysis 28

5.1 Supply Chain Analysis 29
- 5.1.1 Design and Development 29
- 5.1.2 Raw Material Supply 29
- 5.1.3 Manufacturing 29
- 5.1.4 Supply and Distribution 29
- 5.1.5 End-User 29
5.2 Porter’s Five Forces Model 30
- 5.2.1 Threat of New Entrants 30
- 5.2.2 Bargaining Power of Suppliers 30
- 5.2.3 Bargaining Power of Buyers 30
- 5.2.4 Threat of Substitutes 31
- 5.2.5 Rivalry 31

6 Global Sonobuoy Market, by Type 32

6.1 Overview 33
- 6.1.1 Active Sonobuoy 33
- 6.1.2 Passive Sonobuoy 33

7 Global Sonobuoy Market, by Application 34

7.1 Overview 35
- 7.1.1 Detection & Tracking 35
- 7.1.2 Safety & Security 36
- 7.1.3 Oil & Gas 36
- 7.1.4 Others 36

8 Global Sonobuoy Market, by Size 37

8.1 Overview 38
- 8.1.1 Size A 38
- 8.1.2 Size B 39
- 8.1.3 Size C 39

9 Global Sonobuoy Market, by Deployment 40

9.1 Overview 41
- 9.1.1 Spring 41
- 9.1.2 Pneumatic 42
- 9.1.3 Free Fall 42
- 9.1.4 Cartridge 42

10 Global Sonobuoy Market, by Region 43

10.1 Overview 44
10.2 North America 45
- 10.2.1 US 47
- 10.2.2 Canada 49
10.3 Europe 51
- 10.3.1 Germany 53
- 10.3.2 UK 55
- 10.3.3 Russia 56
- 10.3.4 France 58
- 10.3.5 Spain 59
- 10.3.6 Rest of the Europe 61
10.4 Asia-Pacific 63
- 10.4.1 China 65
- 10.4.2 Japan 67
- 10.4.3 India 69
- 10.4.4 Australia 70
- 10.4.5 South Korea 72
- 10.4.6 Rest of Asia-Pacific 74
10.5 Latin America 76
- 10.5.1 Brazil 78
- 10.5.2 Chile 80
- 10.5.3 Colombia 81
- 10.5.4 Rest of Latin America 83
10.6 Middle East and Africa 85
- 10.6.1 UAE 87
- 10.6.2 Saudi Arabia 89
- 10.6.3 Israel 90
- 10.6.4 Rest of Middle East and Africa 92

11 Competitive Landscape 94

11.1 Competitive Scenario 95
11.2 Market Share Analysis 95
11.3 Competitive Benchmarking 96

12 Company Profiles 97

12.1 Radixon 98
- 12.1.1 Company Overview 98
- 12.1.2 Financial Overview 98
- 12.1.3 Products Offered 98
- 12.1.4 Key Developments 98
- 12.1.5 SWOT Analysis 98
- 12.1.6 Key Strategy 98
12.2 Ultra-Electronics Group 99
- 12.2.1 Company Overview 99
- 12.2.2 Financial Overview 99
- 12.2.3 Products Offered 100
- 12.2.4 Key Developments 100
- 12.2.5 SWOT Analysis 101
- 12.2.6 Key Strategy 101
12.3 Sparton 102
- 12.3.1 Company Overview 102
- 12.3.2 Financial Overview 102
- 12.3.3 Products Offered 103
- 12.3.4 Key Developments 103
- 12.3.5 SWOT Analysis 103
- 12.3.6 Key Strategy 103
12.4 General Dynamics Corporation 104
- 12.4.1 Company Overview 104
- 12.4.2 Financial Overview 104
- 12.4.3 Product Offered 105
- 12.4.4 Key Developments 105
- 12.4.5 SWOT Analysis 106
- 12.4.6 Key Strategy 106
12.5 Thales Group 107
- 12.5.1 Company Overview 107
- 12.5.2 Financial Overview 107
- 12.5.3 Products Offered 108
- 12.5.4 Key Developments 108
- 12.5.5 SWOT Analysis 109
- 12.5.6 Key Strategy 109
12.6 Lockheed Martin 110
- 12.6.1 Company Overview 110
- 12.6.2 Financial Overview 110
- 12.6.3 Product Offered 111
- 12.6.4 Key Developments 111
- 12.6.5 SWOT Analysis 111
- 12.6.6 Key Strategy 112
12.7 Sealandaire Technologies In 113
- 12.7.1 Company Overview 113
- 12.7.2 Financial Overview 113
- 12.7.3 Products Offered 113
- 12.7.4 Key Developments 113
- 12.7.5 SWOT Analysis 114
- 12.7.6 Key Strategy 114
12.8 Lone Star Electronics Co. 115
- 12.8.1 Company Overview 115
- 12.8.2 Financial Overview 115
- 12.8.3 Product Offered 115
- 12.8.4 Key Developments 115
- 12.8.5 SWOT Analysis 115
- 12.8.6 Key Strategy 115
12.9 Sigma Pi-Power Sources Pvt Ltd 116
- 12.9.1 Company Overview 116
- 12.9.2 Financial Overview 116
- 12.9.3 Product Offered 116
- 12.9.4 Key Developments 116
- 12.9.5 SWOT Analysis 116
- 12.9.6 Key Strategy 117

13 Appendix 118

13.1 References 119

List of Figures