Global Sonobuoy Market By Application, By Product, and By Region 2019-2024

20off

In this report, Research Reports Inc covers the present scenario (with the base year being 2018) and the growth prospects of global Sonobuoy market for 2019-2024.

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 2018). Sonobuoy product demand is in a certain space, and the main consumer countries are moderately developed countries and developed countries.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Increasing need amongst emerging economies to strengthen their anti-submarine operations and to monitor their natural resources are major factors driving the growth of the global sonobuoy market. Demand for sonobuoys is strongly associated with the growth of anti-submarine warfare market. Moreover, demand for passive sonobuoys is expected to increase because of the fact that it performs detection and tracking without notifying the target object about its presence, and this is expected to reflect in the revenue forecast. However, stringent regulations, high costs associated with deployment and monitoring of sonobuoys, technical limitations, etc. are major challenges expected to be faced by market players in the global sonobuoy market during the forecast period.
Over the next five years, Research Reports Inc projects that Sonobuoy will register a 4.4% CAGR in terms of revenue, reach US$ 350 million by 2024, from US$ 270 million in 2018.

This report presents a comprehensive overview, market shares, and growth opportunities of Sonobuoy market by product type, application, key manufacturers and key regions.

To calculate the market size, Research Reports Inc considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Active Sonobuoy
Passive Sonobuoy
Special Purpose Sonobuoy
Segmentation by application:
Defense
Civil

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Sparton
Ultra Electronics
Thales
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Sonobuoy consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2018, and forecast to 2024.
To understand the structure of Sonobuoy market by identifying its various subsegments.
Focuses on the key global Sonobuoy manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sonobuoy with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sonobuoy submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Contents

2019-2024 Global Sonobuoy Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sonobuoy Consumption 2015-2024
2.1.2 Sonobuoy Consumption CAGR by Region
2.2 Sonobuoy Segment by Type
2.2.1 Active Sonobuoy
2.2.2 Passive Sonobuoy
2.2.3 Special Purpose Sonobuoy
2.3 Sonobuoy Consumption by Type
2.3.1 Global Sonobuoy Consumption Market Share by Type (2015-2018)
2.3.2 Global Sonobuoy Revenue and Market Share by Type (2015-2018)
2.3.3 Global Sonobuoy Sale Price by Type (2015-2018)
2.4 Sonobuoy Segment by Application
2.4.1 Defense
2.4.2 Civil
2.5 Sonobuoy Consumption by Application
2.5.1 Global Sonobuoy Consumption Market Share by Application (2015-2018)
2.5.2 Global Sonobuoy Value and Market Share by Application (2015-2018)
2.5.3 Global Sonobuoy Sale Price by Application (2015-2018)

3 Global Sonobuoy by Players
3.1 Global Sonobuoy Sales Market Share by Players
3.1.1 Global Sonobuoy Sales by Players (2016-2018)
3.1.2 Global Sonobuoy Sales Market Share by Players (2016-2018)
3.2 Global Sonobuoy Revenue Market Share by Players
3.2.1 Global Sonobuoy Revenue by Players (2016-2018)
3.2.2 Global Sonobuoy Revenue Market Share by Players (2016-2018)
3.3 Global Sonobuoy Sale Price by Players
3.4 Global Sonobuoy Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Sonobuoy Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Sonobuoy Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Sonobuoy by Regions
4.1 Sonobuoy by Regions
4.1.1 Global Sonobuoy Consumption by Regions
4.1.2 Global Sonobuoy Value by Regions
4.2 Americas Sonobuoy Consumption Growth
4.3 APAC Sonobuoy Consumption Growth
4.4 Europe Sonobuoy Consumption Growth
4.5 Middle East & Africa Sonobuoy Consumption Growth

5 Americas
5.1 Americas Sonobuoy Consumption by Countries
5.1.1 Americas Sonobuoy Consumption by Countries (2015-2018)
5.1.2 Americas Sonobuoy Value by Countries (2015-2018)
5.2 Americas Sonobuoy Consumption by Type
5.3 Americas Sonobuoy Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Sonobuoy Consumption by Countries
6.1.1 APAC Sonobuoy Consumption by Countries (2015-2018)
6.1.2 APAC Sonobuoy Value by Countries (2015-2018)
6.2 APAC Sonobuoy Consumption by Type
6.3 APAC Sonobuoy Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Sonobuoy by Countries
7.1.1 Europe Sonobuoy Consumption by Countries (2015-2018)
7.1.2 Europe Sonobuoy Value by Countries (2015-2018)
7.2 Europe Sonobuoy Consumption by Type
7.3 Europe Sonobuoy Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Sonobuoy by Countries
8.1.1 Middle East & Africa Sonobuoy Consumption by Countries (2015-2018)
8.1.2 Middle East & Africa Sonobuoy Value by Countries (2015-2018)
8.2 Middle East & Africa Sonobuoy Consumption by Type
8.3 Middle East & Africa Sonobuoy Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.2 Sonobuoy Distributors
10.3 Sonobuoy Customer

11 Global Sonobuoy Market Forecast
11.1 Global Sonobuoy Consumption Forecast (2019-2024)
11.2 Global Sonobuoy Forecast by Regions
11.2.1 Global Sonobuoy Forecast by Regions (2019-2024)
11.2.2 Global Sonobuoy Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Sonobuoy Forecast by Type
11.8 Global Sonobuoy Forecast by Application

12 Key Players Analysis
12.1 Sparton
12.1.1 Company Details
12.1.2 Sonobuoy Product Offered
12.1.3 Sparton Sonobuoy Sales, Revenue, Price and Gross Margin (2016-2018)
12.1.4 Main Business Overview
12.1.5 Sparton News
12.2 Ultra Electronics
12.2.1 Company Details
12.2.2 Sonobuoy Product Offered
12.2.3 Ultra Electronics Sonobuoy Sales, Revenue, Price and Gross Margin (2016-2018)
12.2.4 Main Business Overview
12.2.5 Ultra Electronics News
12.3 Thales
12.3.1 Company Details
12.3.2 Sonobuoy Product Offered
12.3.3 Thales Sonobuoy Sales, Revenue, Price and Gross Margin (2016-2018)
12.3.4 Main Business Overview
12.3.5 Thales News
...

13 Research Findings and Conclusion

Research Process

The research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistic agencies, and paid databases. This information creates a base for the study. This information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analysed to extract crisp data points which currently affect or are likely to affect the industry over the forecast period. After analysing the information, a proprietary market estimation & forecast technique is applied, which generates the quantitative figures/sizes of the market/sub-segments in the current scenario as well as for over the forecast period. After populating the market sizes & estimates, numbers are verified with the industry participants and key opinion leaders. The wide network of industry participants performs a value addition in the research and verify the numbers & estimates of the study. In the last stage of the research process, a final report is prepared which is then published on different websites as well as distributed through various channels. Below figure contains the different stages of the whole research performed to produce the report.

After populating the market sizes & estimates, numbers are verified with the industry participants and key opinion leaders. The wide network of industry participants performs a value addition in the research and verify the numbers & estimates of the study. In the last stage of the research process, a final report is prepared which is then published on different websites as well as distributed through various channels. Below figure contains the different stages of the whole research performed to produce the report.

DATA MINING

Data mining is one of the extensive stages of our research process. It involves the procurement of market data and related information through different verified & credible sources. This step helps to obtain the raw information about the supply chain of the industry, the monetary process of different Products & End-Uses, the pool of market participants & the nature of the industry and the scope of the study. The data mining stage comprises both primary as well as secondary sources of information. Some of the key data sources are as follows:

Secondary Research In the process of secondary research, various sources are referred to identify and collect industry trends and information for the research process. We at having access to some of the most diversified and extensive paid databases which give us the most accurate data/information on markets sizes, Products and pricing.

In the primary research process for data mining, various key industry participants from both supply and demand side are interviewed to obtain both qualitative as well as quantitative information on the market. In-depth interviews with key primary respondents, including industry professionals, subject matter experts (SMEs), industry consultants, and C-level executives of major companies are conducted to obtain critical qualitative and quantitative aspects pertaining to the market, as well as to assess the prospects for market growth over the forecast period.

ANALYSIS

This step involves the analysis & mapping of all the information procured from the previous step. This step also encompasses the scrutiny of data discrepancies observed across various data sources and finalising the appropriate data for estimation and forecasting. This analysis is done by our experienced panel of industry analysts.

MARKET ESTIMATION

Understanding and penetrating the market in terms of valuation is a crucial task in the process of business research. This again becomes significantly important while investing and choosing the business opportunities. In this regard, we perform two ways market sizing approach simultaneously namely top-down and bottom-up approaches. In this step, we place different data points, numeric attributes, information, and industry trends at an appropriate space in order to deduce the estimates & forecast values over the coming years. We use different mathematical models to estimate the market sizes of different economies and segments. Each of which is further summed up to define the total market. We own a proprietary tool for market estimations which helps us to comprehend market size estimates & forecasts for different markets and industries. Below figure explains the process of market estimation using independent tool employed by our analysts to get the sizing off the market.