Sonobuoy Market

Global Market Study on Sonobuoys: Demand for Passive Sonobuoys to Remain High through 2031

Sonobuoy Market Segmented By Passive, Active Type in Detection and Tracking, Safety and Security, Oil and Gas

Market Snapshot

The revised sonobuoy industry analysis by Persistence Market Research provides an in-detail analysis of the current market landscape, as well as predicts a realistic forecast for the next ten years. These sonobuoys industry insights estimated the current market worth around US$ 324.7 Mn, and speculate it to increase 1.8X by the end of the decade.

The market is expected to expand at a positive CAGR of 6.3% over the next ten years. The market in Germany is anticipated to surge at a healthy CAGR of more than 7% over the next ten years.

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Companies

  • ERAPSCO (joint venture between Sparton Corporation and Ultra Electronics USSI)
  • Radixon
  • Thales Group
  • Sealandaire Technologies, Inc.
  • General Dynamics Corporation
  • Lockheed Martin Corporation
  • Others

Key Points Covered in Sonobuoy Industry Survey:

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, country-wise, and region n-wise analysis
  • Competition mapping and benchmarking
  • Brand share and market share analysis
  • Key product innovations and regulatory climate
  • COVID-19 impact on demand for sonobuoys and how to navigate
  • Recommendation on key winning strategies

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Developments in Sonobuoy Market Landscape

Increasing spending on military and defense has created demand for various supplies, from ammunition to detection and radar systems. Radars and other detection systems have gained massive demand in recent years. Use of sonobuoys is also gaining traction as navies are the world are aiming to strengthen their defense against submarines.

  • Recently, Naval Air Systems Command at Patuxent River Naval Air Station, Md. announced an order worth US$ 71.3 Mn for multi-static sonobuoys for airborne ASW operations. The order, placed on 28th July 2021, is to ERAPSCO in Columbia City, Ind., for 20,000 AN/SSQ-125 multi-static sonobuoys.
  • Northrop Grumman has partnered with sonobuoy designer Ultra Electronics to advance its efforts in creating sonobuoy dispensers for ship-based unmanned aerial vehicles (UAVs). Engineers at Northrop Grumman are testing the feasibility of its MQ-8B Fire Scout unmanned helicopter to carry as many as 40 sonobuoys on a mission. The prototype was recently tested off the coast of California in a mock combat scenario.

With increasing research & development in sonobuoys, there seems to be major uncharted growth that will be realized shortly.

sonobuoy-market

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Market Overview

Sonobuoys are acoustic sensors built on the principle of Sound Navigation and Ranging (SONAR) system, for detecting the presence of submarines, sunken ships, oil and gas deposits, etc. They are carried in a Sonobuoy Launch Container (SLC) in ships and aircraft for pneumatic or free-fall launch.

They are built with hydrophones or transducers for converting sound signal to an electrical signal and transmitting it to the patrolling aircraft or ship. On the basis of operation, they are classified into passive and active sonobuoys. Sonobuoys are manufactured in sizes A and B. Size A sonobuoys have dimensions of 4.75” x 36”, whereas size B sonobuoys have dimensions of 6.875” x 60”.

Revenue generated by the global sonobuoy market is estimated to be US$ 324.7 Mn in 2021. Passive sonobuoys are estimated to hold the largest share among the types of sonobuoys available. The global sonobuoy market is forecasted to register 6.3% CAGR during the period of 2021-2031, and close in on US$ 600 Mn in revenue by 2031-end.

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Market Dynamics

Sonobuoys are acoustic sensing systems, released in the ocean from an aircraft or ship, for detecting sound signals underwater. These anti-submarine warfare systems consist of hydrophones, which are used for listening and recording acoustic signals emitted from other submarines. These signals are sent back to the aircraft or ship using radio transmitters in the sonobuoys.

Early detection of enemy submarines can help prevent potential attacks and loss of resources. These factors are driving naval forces around the world to deploy sonobuoys, and hence driving the growth of the global sonobuoy market.

Some sonobuoys are used for echo sounding, to measure the depth of a water body. Sonobuoy transmits a sound wave that gets reflected back from the seafloor. The time it takes for the wave to travel back to the ship is recorded and used for calculating depth and thickness of the seabed, identifying composition of the layers in the seabed, and detecting salt domes and seeps.

Overtime, salt accumulates to form a dome from where oil and gas pipe can be extracted. As oil and gas are valuable resources, various governments are making major investments for installation of sonobuoys to locate sand domes and seeps, thereby driving the growth of the global sonobuoy market.

Sonobuoys detect presence of enemy submarines, and transmit the signal back to aircraft or ship. For locating accurate position of the submarine, sonobuoys are launched in a particular pattern.

Hence, each sonobuoy is required to be assigned a different radio frequency for transmitting signals. These sonobuoys can only be launched by ships and aircrafts that have sonobuoy launchers. Technicians on these aircrafts and ships need to continuously monitor these received signals to prevent potential threats.

Monitoring and analysis of acoustic signals transmitted by these sonobuoys needs employment of skilled technicians. Thus, various additional costs are associated with sonobuoys, apart from initial purchase costs. Most governments of underdeveloped economies are unable to afford such expenses, which adversely affects deployment of sonobuoys.

Governments of various countries have laid down certain regulations for deployment of sonobuoys. These regulations are set to limit the use of sonobuoys in areas where marine life exists and this is expected to act as a restraint for the global sonobuoy market.

Segment Analysis

Among all the types of sonobuoys, passive sonobuoy segment is estimated to account for maximum market revenue share by 2031, owing to the fact that passive sonobuoys can perform detection without revealing their presence to the target.

Active sonobuoys segment is estimated to account for the second largest market revenue share by 2031, owing to the fact that active sonobuoys are used for localization and tracking of targets.

In the application segment, detection and tracking segment is estimated to increase at the highest growth rate in the forecast period, followed by safety and security segment. Detection and tracking the presence of adversary submarines is a major factor expected to drive demand for this application segment.

Regional Analysis

The sonobuoy market in North America region is expected to be the largest revenue generator by 2031, and is expected to account for majority of revenue share owing to the presence of established sonobuoy manufacturers and increased defense spending by respective governments.

Key Market Players

Some key vendors such as ERAPSCO, Radixon, and Thales Group focus on collaborating with naval forces to provide enhanced product offerings specifically suited for defense applications, to consolidate their position in the market.

ERAPSCO is a joint venture between Sparton Corporation and Ultra Electronics USSI, focused on manufacturing sonobuoys and related products for antisubmarine operations.

Media Release

- FAQs -

Top 5 players L3Harris, Ultra Electronics, Sparton Corporation, JSK Naval Support Inc., and MES S.P.A. collectively account for nearly 50% of the global market share.
The global sonobuoy industry is anticipated to attain a total worth of close to US$ 600 Mn by 2031.
The U.S., Germany, Japan, U.K., and South Korea are at the forefront of the sonobuoys industry landscape in terms of demand.
The sonobuoy market increased at a steady CAGR of 5.5% from 2016 to 2020.
The U.S., China, Germany, and Japan are leading nations in terms of export.
The sonobuoy industry currently enjoys a valuation of US$ 324.7 Mn, and is expected to rise at a CAGR of 6.3% over the next ten years.
Growing application of sonobuoys for detection of oil & gas deposits is a major trend guiding industry expansion.
North America is dominating the global sonobuoy market as it holds 33% of the global market share.
The market in Germany is expected to progress at a healthy CAGR of over 7% through the forecast period.
Increasing focus of navies on strengthening their anti-submarine warfare capabilities is a prime factor sculpting the demand for sonobuoys.
The sonobuoy market in Japan and South Korea is anticipated to surge at CAGRs of 7.2% and 7.7%, respectively.
Increasing deployment to detect presence of submarines is expected to fuel the demand outlook for sonobuoys.
Top 5 players L3Harris, Ultra Electronics, Sparton Corporation, JSK Naval Support Inc., and MES S.P.A. collectively account for nearly 50% of the global market share.
The global sonobuoy industry is anticipated to attain a total worth of close to US$ 600 Mn by 2031.
The U.S., Germany, Japan, U.K., and South Korea are at the forefront of the sonobuoys industry landscape in terms of demand.
The sonobuoy market increased at a steady CAGR of 5.5% from 2016 to 2020.
The U.S., China, Germany, and Japan are leading nations in terms of export.
The sonobuoy industry currently enjoys a valuation of US$ 324.7 Mn, and is expected to rise at a CAGR of 6.3% over the next ten years.
Growing application of sonobuoys for detection of oil & gas deposits is a major trend guiding industry expansion.
North America is dominating the global sonobuoy market as it holds 33% of the global market share.
The market in Germany is expected to progress at a healthy CAGR of over 7% through the forecast period.
Increasing focus of navies on strengthening their anti-submarine warfare capabilities is a prime factor sculpting the demand for sonobuoys.
The sonobuoy market in Japan and South Korea is anticipated to surge at CAGRs of 7.2% and 7.7%, respectively.
Increasing deployment to detect presence of submarines is expected to fuel the demand outlook for sonobuoys.

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