Sonobuoy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The sonobuoy market is experiencing significant growth driven by its vital role in recording underwater sounds and transmitting these signals to end users. These devices are primarily utilized in military and defense sectors as well as in research, particularly for tracking and detecting submarines, underwater devices, and shoals of fish, and for monitoring underwater volcanic activities.With the market valued at $1.17 billion in 2024 and projected to reach $2.33 billion by 2031, it is expected to grow at a compound annual growth rate (CAGR) of 10.30%.

Sonobuoys play a crucial role in identifying and tracking objects beneath the water surface. This capability is essential for obtaining necessary information and updates to take appropriate measures, such as identifying enemy submarines or studying marine life and activities. By region, the market in North America has been a dominant force, holding a significant share of the global Analysis, followed by Europe.

What Influences the Sonobuoy Market?

"Defence Budgets and the Requirement of Anti-Submarine Warfare Technology Determine Demand for Sonobuoys"

Sonobuoys are integral to anti-submarine warfare (ASW) solutions used by naval and military forces worldwide. Consequently, governments and the military are the primary customers of this technology. Several factors influence the purchase of sonobuoys, including the defense budget of a country, the marine area under its control, and potential threats from countries with unstable relations. While defense remains the primary sector investing in sonobuoys, marine research and various underwater infrastructure, such as underwater data centers, also drive market demand.

Elbit America and Sparton Acquisition: Elbit America, a branch of Israel's Elbit Systems, acquired Sparton, a sonobuoy supplier to the US Navy. This acquisition strengthens Elbit America's presence with US customers and enhances its product offerings.
Thales Group's SonoFlash: The French government defense agency commissioned Thales Group for the manufacture and dispatch of SonoFlash sonobuoys, which are essential for the French Navy's ASW needs.

Factors Driving the US Sonobuoy Market

"US is a Market Leader for Sonobuoys Due to Massive Defence Expenditure"

The US boasts several large weapon manufacturers that supply sonobuoys to strategically aligned countries. Given its extensive coastline, the US military's deployment of sonobuoys is critical for safety and security. Historically, this has necessitated substantial investment in defense infrastructure, allowing for widespread deployment of sonobuoys in the US.

Why Sonobuoy Market is in High Demand in India?

"Unstable Relations with Neighbouring Countries Drive the Demand for Sonobuoys in India"

India's challenging relationships and border disputes with neighboring countries, along with concerns over pirate ship intrusions and unauthorized vessel entries, create a continuous demand for sonobuoys. As a peninsula with a large coastline, India requires the deployment and replacement of sonobuoys for defense purposes, driving market growth.

China's Increasing Use of Sonobuoy Technology

"Disputes with Several Countries Drives Demand for Sonobuoys in China"

China, with one of the largest naval fleets globally, is a significant market for sonobuoys. The country's uncertain relationships with neighbors and interactions with other naval fleets necessitate sonobuoy deployment for defense. Additionally, China's non-defensive stances in the past indicate potential use for spying and surveillance, contributing to market growth.

Category-wise Insights

Why Active Sonobuoys Have the Largest Market Share by Type

Active sonobuoys, capable of detecting underwater movements and emitting sound signals, can confuse or jam enemy submarine radars and signals. This functionality makes them a popular choice, leading to a dominant market share.

Why Detection and Tracking is Estimated to Maintain the Largest Market Share throughout the Forecast Period

The primary purpose of sonobuoys across various domains is to detect movement by recording and forwarding underwater sounds. This essential function ensures that detection and tracking remain the largest market share holders.

Why Size A Sonobuoy has the Largest Market Share

Size A sonobuoys are portable, easily carried by individuals, and can be loaded onto airplanes and ships in large quantities. Their manageable size allows for easy deployment underwater, making them the most popular choice in the market.

Competitive Analysis

The sonobuoy market is primarily dominated by weapon manufacturers catering to defense forces and governments. These clients often have established suppliers and place large orders that take years to deliver. Unstable relations between countries can negatively impact sonobuoy manufacturers.

US Navy Orders: In a significant transaction, the US Navy ordered a substantial number of sonobuoys from ERAPSCO to replenish its ASW equipment inventory.
New Sonobuoy Development: The US Navy has initiated the development of new sonobuoys capable of detecting modern submarines equipped with jamming systems and quieter operations, enhancing their ASW capabilities.

Key Companies Profiled

ERAPSCO
Radixon
Thales Group
Sealandaire Technologies, Inc.
General Dynamics Corporation
Lockheed Martin Corporation
Ultra Electronics Group
Sparton Corporation
Aselsan

Key Segments of Sonobuoy Market Industry Research

By Type:

Passive
Active

By Application:

Detection & Tracking
Safety & Security
Oil & Gas
Others

By Size:

Size A
Size B
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Sonobuoy Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. PESTLE Analysis

3. Global Sonobuoy Market Outlook, 2019 - 2031

3.1. Global Sonobuoy Market Outlook, by Type, Value (US$ Bn), 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Passive
  - 3.1.1.2. Active
3.2. Global Sonobuoy Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Detection & Tracking
  - 3.2.1.2. Safety & Security
  - 3.2.1.3. Oil & Gas
  - 3.2.1.4. Others
3.3. Global Sonobuoy Market Outlook, by Size, Value (US$ Bn), 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Size A
  - 3.3.1.2. Size B
  - 3.3.1.3. Others
3.4. Global Sonobuoy Market Outlook, by Region, Value (US$ Bn), 2019 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Sonobuoy Market Outlook, 2019 - 2031

4.1. North America Sonobuoy Market Outlook, by Type, Value (US$ Bn), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Passive
  - 4.1.1.2. Active
4.2. North America Sonobuoy Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Detection & Tracking
  - 4.2.1.2. Safety & Security
  - 4.2.1.3. Oil & Gas
  - 4.2.1.4. Others
4.3. North America Sonobuoy Market Outlook, by Size, Value (US$ Bn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Size A
  - 4.3.1.2. Size B
  - 4.3.1.3. Others
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Sonobuoy Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 4.4.1.2. U.S. Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 4.4.1.3. U.S. Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 4.4.1.4. Canada Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 4.4.1.5. Canada Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 4.4.1.6. Canada Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Sonobuoy Market Outlook, 2019 - 2031

5.1. Europe Sonobuoy Market Outlook, by Type, Value (US$ Bn), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Passive
  - 5.1.1.2. Active
5.2. Europe Sonobuoy Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Detection & Tracking
  - 5.2.1.2. Safety & Security
  - 5.2.1.3. Oil & Gas
  - 5.2.1.4. Others
5.3. Europe Sonobuoy Market Outlook, by Size, Value (US$ Bn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Size A
  - 5.3.1.2. Size B
  - 5.3.1.3. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Sonobuoy Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.2. Germany Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.3. Germany Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 5.4.1.4. U.K. Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.5. U.K. Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.6. U.K. Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 5.4.1.7. France Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.8. France Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.9. France Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 5.4.1.10. Italy Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.11. Italy Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.12. Italy Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 5.4.1.13. Turkey Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.14. Turkey Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.15. Turkey Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 5.4.1.16. Russia Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.17. Russia Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.18. Russia Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 5.4.1.19. Rest of Europe Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.20. Rest of Europe Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.21. Rest of Europe Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Sonobuoy Market Outlook, 2019 - 2031

6.1. Asia Pacific Sonobuoy Market Outlook, by Type, Value (US$ Bn), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Passive
  - 6.1.1.2. Active
6.2. Asia Pacific Sonobuoy Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Detection & Tracking
  - 6.2.1.2. Safety & Security
  - 6.2.1.3. Oil & Gas
  - 6.2.1.4. Others
6.3. Asia Pacific Sonobuoy Market Outlook, by Size, Value (US$ Bn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Size A
  - 6.3.1.2. Size B
  - 6.3.1.3. Others
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Sonobuoy Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.2. China Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.3. China Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 6.4.1.4. Japan Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.5. Japan Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.6. Japan Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 6.4.1.7. South Korea Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.8. South Korea Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.9. South Korea Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 6.4.1.10. India Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.11. India Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.12. India Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 6.4.1.13. Southeast Asia Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.14. Southeast Asia Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.15. Southeast Asia Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 6.4.1.16. Rest of Asia Pacific Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.17. Rest of Asia Pacific Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.18. Rest of Asia Pacific Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Sonobuoy Market Outlook, 2019 - 2031

7.1. Latin America Sonobuoy Market Outlook, by Type, Value (US$ Bn), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Passive
  - 7.1.1.2. Active
7.2. Latin America Sonobuoy Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
7.3. Latin America Sonobuoy Market Outlook, by Size, Value (US$ Bn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Size A
  - 7.3.1.2. Size B
  - 7.3.1.3. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Sonobuoy Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.2. Brazil Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.3. Brazil Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 7.4.1.4. Mexico Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.5. Mexico Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.6. Mexico Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 7.4.1.7. Argentina Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.8. Argentina Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.9. Argentina Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 7.4.1.10. Rest of Latin America Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.11. Rest of Latin America Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.12. Rest of Latin America Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Sonobuoy Market Outlook, 2019 - 2031

8.1. Middle East & Africa Sonobuoy Market Outlook, by Type, Value (US$ Bn), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Passive
  - 8.1.1.2. Active
8.2. Middle East & Africa Sonobuoy Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Detection & Tracking
  - 8.2.1.2. Safety & Security
  - 8.2.1.3. Oil & Gas
  - 8.2.1.4. Others
8.3. Middle East & Africa Sonobuoy Market Outlook, by Size, Value (US$ Bn), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Size A
  - 8.3.1.2. Size B
  - 8.3.1.3. Others
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Sonobuoy Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.2. GCC Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.3. GCC Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 8.4.1.4. South Africa Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.5. South Africa Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.6. South Africa Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 8.4.1.7. Egypt Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.8. Egypt Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.9. Egypt Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 8.4.1.10. Nigeria Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.11. Nigeria Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.12. Nigeria Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Sonobuoy Market by Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Sonobuoy Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Sonobuoy Market by Size, Value (US$ Bn), 2019 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2024
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. ERAPSCO
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Product Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. Radixon
  - 9.3.2.1. Company Overview
  - 9.3.2.2. Product Portfolio
  - 9.3.2.3. Financial Overview
  - 9.3.2.4. Business Strategies and Development
- 9.3.3. Thales Group
  - 9.3.3.1. Company Overview
  - 9.3.3.2. Product Portfolio
  - 9.3.3.3. Financial Overview
  - 9.3.3.4. Business Strategies and Development
- 9.3.4. Sealandaire Technologies, Inc.
  - 9.3.4.1. Company Overview
  - 9.3.4.2. Product Portfolio
  - 9.3.4.3. Financial Overview
  - 9.3.4.4. Business Strategies and Development
- 9.3.5. General Dynamics Corporation
  - 9.3.5.1. Company Overview
  - 9.3.5.2. Product Portfolio
  - 9.3.5.3. Financial Overview
  - 9.3.5.4. Business Strategies and Development
- 9.3.6. Lockheed Martin Corporation
  - 9.3.6.1. Company Overview
  - 9.3.6.2. Product Portfolio
  - 9.3.6.3. Financial Overview
  - 9.3.6.4. Business Strategies and Development
- 9.3.7. Ultra Electronics Group
  - 9.3.7.1. Company Overview
  - 9.3.7.2. Product Portfolio
  - 9.3.7.3. Financial Overview
  - 9.3.7.4. Business Strategies and Development
- 9.3.8. Sparton Corporation
  - 9.3.8.1. Company Overview
  - 9.3.8.2. Product Portfolio
  - 9.3.8.3. Financial Overview
  - 9.3.8.4. Business Strategies and Development
- 9.3.9. Others
  - 9.3.9.1. Company Overview
  - 9.3.9.2. Product Portfolio
  - 9.3.9.3. Financial Overview
  - 9.3.9.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations