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Over the past few years, there has been a significant growth rate in the Sonobuoy Launcher market, propelled by the increasing need for sophisticated anti-submarine warfare (ASW) capabilities. The detection of submarines necessitates using sonobuoys, which have seen a rise in demand for efficient launching systems among world navies seeking better undersea warfare capabilities. One of the main factors responsible for the growing profitability of Sonobuoy Launcher is escalating geopolitical tensions arising from a renewed focus on maritime security. To address potential submarine threats, states realize they cannot overlook ASW enhancement efforts anymore. Sonobuoy launchers are instrumental when it comes to deploying or activating sonobuoys, ensuring exactness while speeding up the underwater threat detection process, thereby making them outstanding tools used globally by navies upgrading their ASW capacities.
Technology improvements have also resulted in changes in market trends for the sonobuoys system. Modern designs for sonobuoy launchers feature advanced qualities like several launches at one go, quick reloading, or integration with complicated sensor networks, among other things. These breakthroughs make ASW more efficient through increased application of sonobuoy launchers on diverse naval platforms. Increased dependence on unmanned underwater vehicles (UUVs) has also contributed to the growing demand for sonobuoy launchers. Robust and adaptive launch systems are now required by UUVs in naval operations today, hence the need for sonobuoy launchers. Sonobuoy launchers that can be effectively linked with UUVs give greater flexibility to naval forces, thereby broadening their submarine detection capabilities underwater. This trend is in line with overall maritime strategy changes aimed at using unmanned devices in reconnaissance and surveillance missions.
Even without military purposes, commercial factors influence trends in the sonobuoy launcher market. For example, the offshore energy industry, including oil and gas drilling companies, appreciates the use of sonobuoys to monitor sub-marine conditions when dangerous phenomena occur. Applications of its kind include conducting underwater surveying or observing an environment – these two spheres provide useful information for offshore activities. Defense contractors, technologists providers, and naval forces have recently become more inclined towards collaborating through a number of shared projects like this ones, and it is leading to greater integration among such organizations involved in defense supply chains. These collaborative relationships promote innovation within industries, which leads to research & development programs as well as retaining the cutting-edge technology that comes with modern ASW capabilities.
Sonobuoy Launcher Market Highlights:
Sonobuoy Launcher Market Scenario
Sonobuoy is a portable and expendable sonar system which is used for various applications such as maritime patrol, ISR, submarine detection, underwater research, and so on. These small buoys are ejected from aircraft or ships using a launching system installed in them known as sonobuoy launchers. Over a period, advanced sonobuoy launchers have been developed which are adaptable to any aircraft type and can be configured without weapon management systems. Till date, only a limited number of players are involved in designing and manufacturing of sonobuoy launch systems.
Factors such as growing emphasis on maritime security and subsequent increase in naval budgets; surge in international seaborne trade and focus on safe operations; and rise in underwater exploration activities are positively impacting the sonobuoy launcher market growth. In addition, the rise in defense expenditure, especially in developing countries and subsequent demand for anti-submarine warfare technology further boosts the market growth. However, the environmental regulations and impact of sonobuoys on marine life hinders market growth to a certain extent. Meanwhile, rising maritime disputes and focus on counter operations create promising growth opportunities for the sonobuoy launcher Industry.
The sonobuoy launcher Industry has been segmented by launch configuration, launch mode, launch platform, and region. Based on launch configuration, the market is divided into single launch system and multiple rotary launch system. In 2017, the multiple rotary launch system segment accounted for the largest market share as it is much effective. For instance, the sonobuoy launcher provided by Harris Corporation can launch a buoy every three seconds. It can also launch 40 sonobuoys on a single 5000 psi charge and can operate at lower pressures as well. Based on launch mode, the market is divided into pneumatic and others. In 2017, the pneumatic segment accounted for the largest market share as it offers number of advantages over other ejection mechanism, including reduced maintenance expenses. Based on launch platform, the market is divided into aircraft and naval vessels. In 2017, the aircraft segment accounted for the largest market share as airborne vehicles can deploy multiple sonobuoys effectively in desired locations.
The global market has also been segmented into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. North America is estimated to account for the largest share during the review period owing to the focus of defense organizations to upgrade the electronics, weapon, and control system of aircraft and ships. North America region in this report includes the US and Canada. Furthermore, there is a considerable demand for sonobuoys in the US and Canada which generates a further scope of the market in this region. The global market is estimated to register a CAGR of nearly 4% during the forecast period of 2018 to 2023.
Intended Audience
- Sonobuoy Manufactures
- Sonobuoy Launcher Manufacturers
- Providers of Dispensing Units for Sonobuoys
- Defense Organizations
- Research Institutes
- Regulatory Bodies
Key Players
The key players in the global sonobuoy launcher Industry are Harris Corporation (US), Alkan S.A. (France), JSK Naval Support Inc. (Canada), and Geospectrum Technologies Inc. (Canada).
The report on the global sonobuoy launcher Industry by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report offers a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value, and the technological, macroeconomic, and governing factors of the market. The report also provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Segmentation of the Global Sonobuoy Launcher Market
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