As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Market Overview
The global sonobuoy market is anticipated to witness considerable growth during forecast period. North America is projected to be prominent region for sonobuoy market due to presence of key manufacturers such as General Dynamics Corporation, Sparton, and Lockheed Martin Corporation. Europe held second-largest share of global sonobuoy market in 2010. Growing investments in the research to conduct the underwater acoustic surveillance in regions such as Asia-Pacific and Middle East are predictable to drive growth of global sonobuoy market in coming years. Furthermore, naval modernization programs are driving the market growth in the Asia-Pacific. The rising demand for submarines and increase in industrial applications of the sonobuoys are key drivers for growth of global sonobuoy market. Additionally, 2020, COVID 19 pandemic is further expected to create vital impact on the market.
Segment Overview
The active sonobuoys segment is anticipated to command the major market share of global sonobuoy market, by type, during forecast period. Active sonobuoys produce soundwaves that redirect off objects in water. They are utlilized to identify quiet diesel submarines or the submarines in attack mode. Active sonobuoys are similarly used in the command activated sonobuoy systems and the DICASS (i.e. Directional Command Activated Sonobuoy Systems). The active segment accounted for the larger market share of over 60% in 2019, with market value of over USD 250.0 million.
Regional Overview
The global market has been divided, by region, into Asia-Pacific, Europe, North America, the Middle East & Africa (MEA), and Latin America. In North America, a rise in investments in the environmental research by the 2035 is anticipated to create the opportunities for players in the market. Naval innovation efforts and building of naval capabilities, including use for submarine detection, are motivating market growth in the region.
Competitor overview
In Dec 2018, Lockheed Martin signed contract with ERAPSCO, Inc. to supply and manufacture advanced sonobuoys to U.S. Navy.
In Oct 2018, the General Dynamics Corporation-Canada, subsidiary of the General Dynamics Corporation, signed contract to deliver significant anti-submarine warfare upgrade for Royal Canadian Navy product 12 Halifax-class frigates.
In Oct 2018, Thales Group launched sonobuoy called SonoFlash, which combines powerful emitter and high-performance and the low-frequency passive sensor.
In Aug 2018, Sparton signed contract with the Ultra Electronics Group to provide sonobuoys to U.S. Navy.
Key Players
- Radixon
- Ultra-Electronics Group
- Sparton
- General Dynamics Corporation
- Thales Group
- Lockheed Martin Corporation
- Sealandaire Technologies Inc.
- Lone Star Electronics Co.
- Sigma Pi-Power Sources Pvt. Ltd
Market Segmentation
By Type
- Passive
- Active
- Safety and Security
- Detection and Tracking
- Oil & Gas
- Others
- Pneumatic
- Spring
- Free Fall
- Cartridge
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
1 Executive Summary 14
2 Market Introduction 16
- 2.1 Definition 17
- 2.2 Scope of the Study 17
- 2.3 Market Structure 17
- 2.4 Key Takeaways 18
- 2.5 Key Buying Criteria 18
3 Research Methodology 19
- 3.1 Research Process 20
- 3.2 Primary Research 20
- 3.3 Secondary Research 21
- 3.4 Market Size Estimation 22
- 3.5 Forecast Model 23
- 3.6 List of Assumptions 24
4 Market Dynamics 25
- 4.1 Introduction 26
- 4.2 Drivers 26
- 4.2.1 Growing Demand for Submarines 26
- 4.2.2 Rise in Industrial Applications of Sonobuoy 26
- 4.3 Restraints 27
- 4.3.1 Impact on Marine Life 27
- 4.3.2 Limited Detection Capability in Littoral Zones 27
- 4.4 Opportunities 27
- 4.4.1 Surge in demand for Unmanned Underwater Vehicles 27
- 4.4.2 Rising Need for Cost-Effective ASW Systems 27
5 Market Factor Analysis 28
- 5.1 Supply Chain Analysis 29
- 5.1.1 Design and Development 29
- 5.1.2 Raw Material Supply 29
- 5.1.3 Manufacturing 29
- 5.1.4 Supply and Distribution 29
- 5.1.5 End-User 29
- 5.2 Porter’s Five Forces Model 30
- 5.2.1 Threat of New Entrants 30
- 5.2.2 Bargaining Power of Suppliers 30
- 5.2.3 Bargaining Power of Buyers 30
- 5.2.4 Threat of Substitutes 31
- 5.2.5 Rivalry 31
6 Global Sonobuoy Market, by Type 32
- 6.1 Overview 33
- 6.1.1 Active Sonobuoy 33
- 6.1.2 Passive Sonobuoy 33
7 Global Sonobuoy Market, by Application 34
- 7.1 Overview 35
- 7.1.1 Detection & Tracking 35
- 7.1.2 Safety & Security 36
- 7.1.3 Oil & Gas 36
- 7.1.4 Others 36
8 Global Sonobuoy Market, by Size 37
- 8.1 Overview 38
- 8.1.1 Size A 38
- 8.1.2 Size B 39
- 8.1.3 Size C 39
9 Global Sonobuoy Market, by Deployment 40
- 9.1 Overview 41
- 9.1.1 Spring 41
- 9.1.2 Pneumatic 42
- 9.1.3 Free Fall 42
- 9.1.4 Cartridge 42
10 Global Sonobuoy Market, by Region 43
- 10.1 Overview 44
- 10.2 North America 45
- 10.2.1 US 47
- 10.2.2 Canada 49
- 10.3 Europe 51
- 10.3.1 Germany 53
- 10.3.2 UK 55
- 10.3.3 Russia 56
- 10.3.4 France 58
- 10.3.5 Spain 59
- 10.3.6 Rest of the Europe 61
- 10.4 Asia-Pacific 63
- 10.4.1 China 65
- 10.4.2 Japan 67
- 10.4.3 India 69
- 10.4.4 Australia 70
- 10.4.5 South Korea 72
- 10.4.6 Rest of Asia-Pacific 74
- 10.5 Latin America 76
- 10.5.1 Brazil 78
- 10.5.2 Chile 80
- 10.5.3 Colombia 81
- 10.5.4 Rest of Latin America 83
- 10.6 Middle East and Africa 85
- 10.6.1 UAE 87
- 10.6.2 Saudi Arabia 89
- 10.6.3 Israel 90
- 10.6.4 Rest of Middle East and Africa 92
11 Competitive Landscape 94
- 11.1 Competitive Scenario 95
- 11.2 Market Share Analysis 95
- 11.3 Competitive Benchmarking 96
12 Company Profiles 97
- 12.1 Radixon 98
- 12.1.1 Company Overview 98
- 12.1.2 Financial Overview 98
- 12.1.3 Products Offered 98
- 12.1.4 Key Developments 98
- 12.1.5 SWOT Analysis 98
- 12.1.6 Key Strategy 98
- 12.2 Ultra-Electronics Group 99
- 12.2.1 Company Overview 99
- 12.2.2 Financial Overview 99
- 12.2.3 Products Offered 100
- 12.2.4 Key Developments 100
- 12.2.5 SWOT Analysis 101
- 12.2.6 Key Strategy 101
- 12.3 Sparton 102
- 12.3.1 Company Overview 102
- 12.3.2 Financial Overview 102
- 12.3.3 Products Offered 103
- 12.3.4 Key Developments 103
- 12.3.5 SWOT Analysis 103
- 12.3.6 Key Strategy 103
- 12.4 General Dynamics Corporation 104
- 12.4.1 Company Overview 104
- 12.4.2 Financial Overview 104
- 12.4.3 Product Offered 105
- 12.4.4 Key Developments 105
- 12.4.5 SWOT Analysis 106
- 12.4.6 Key Strategy 106
- 12.5 Thales Group 107
- 12.5.1 Company Overview 107
- 12.5.2 Financial Overview 107
- 12.5.3 Products Offered 108
- 12.5.4 Key Developments 108
- 12.5.5 SWOT Analysis 109
- 12.5.6 Key Strategy 109
- 12.6 Lockheed Martin 110
- 12.6.1 Company Overview 110
- 12.6.2 Financial Overview 110
- 12.6.3 Product Offered 111
- 12.6.4 Key Developments 111
- 12.6.5 SWOT Analysis 111
- 12.6.6 Key Strategy 112
- 12.7 Sealandaire Technologies In 113
- 12.7.1 Company Overview 113
- 12.7.2 Financial Overview 113
- 12.7.3 Products Offered 113
- 12.7.4 Key Developments 113
- 12.7.5 SWOT Analysis 114
- 12.7.6 Key Strategy 114
- 12.8 Lone Star Electronics Co. 115
- 12.8.1 Company Overview 115
- 12.8.2 Financial Overview 115
- 12.8.3 Product Offered 115
- 12.8.4 Key Developments 115
- 12.8.5 SWOT Analysis 115
- 12.8.6 Key Strategy 115
- 12.9 Sigma Pi-Power Sources Pvt Ltd 116
- 12.9.1 Company Overview 116
- 12.9.2 Financial Overview 116
- 12.9.3 Product Offered 116
- 12.9.4 Key Developments 116
- 12.9.5 SWOT Analysis 116
- 12.9.6 Key Strategy 117
13 Appendix 118
- 13.1 References 119
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
