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Global Sonobuoy Market to Grow at a CAGR of 6.58% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Sonobuoy Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 04/21/2016 -- Report forecast the global sonobuoy market to grow at a CAGR of 6.58% during the period 2016-2020.

Sonobuoys are key aspects of naval forces and underwater acoustic research institutions. They are mainly deployed by ships and aircraft in the ocean to extract information about submarines of nemeses and mammals. Hydrophone sensors, sonar systems, radio transmitters, and receivers are some of the key components of sonobuoys. They are of three types: active, passive, and special purpose sonobuoys.

The report covers the present scenario and the growth prospects of the global sonobuoy market for the period 2016-2020. It provides a global overview, market shares and segmentation by application (defense and application), and growth prospects by region

The market is divided into the following segments based on geography:
- Americas

According to the report, the market is expected to be driven by the procurement of anti-submarine warfare (ASW) systems by countries such China, the US, Vietnam, and Indonesia. They are effective in combat against indigenous nuclear attack submarines and anti-ship cruise missiles systems.

Further, the report states that growing procurement and deployment of sonobuoys into sea waters have a significant impact on the environment and mammals. Noise from sonar systems disrupts marine mammal migration, nursing, and feeding.

Global Sonobuoy Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Sonobuoy Market: General Dynamics Mission Systems-Canada, RADIXON Group, Sparton, Thales Group, and Ultra Electronics.

Other Prominent Vendors in the market are: SEALANDAIRE TECHNOLOGIES, Lone Star Electronics, and Sigma-Pi Power Sources.

Market driver
- Increase in anti-submarine warfare
- For a full, detailed list, view our report

Market challenge
- Issues in marine mammal research and monitoring
- For a full, detailed list, view our report

Market trend
- Use of lightweight systems
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 54 pages and 32 Exhibit "Global Sonobuoy Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Global aerospace and defense value chain system, Global aerospace and defense supply chain system, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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