Sonobuoy Launcher Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, Ejection Platform, and Geography

With the surge in demand for sonobuoy among end users, the sonobuoy launching container manufacturers are striving hard to develop technologically robust systems.This factor is anticipated to drive the sonobuoy launcher market in the future.

Since the demand for various types of antisubmarine warfare (ASW) technologies is rising among the naval forces, the manufacturers are continuously engaging in research and development of robust devices and systems.Sonobuoy are among the most attractive antisubmarine warfare technologies used for detecting and locating enemy submarines.

On the other hand, torpedoes and underwater missiles are used to destroy enemy submarines.Integrating sonobuoy launchers with combat management systems is an emerging trend in the sonobuoy launcher market.

The development of sonobuoy launchers for UAVs is creating business opportunities for the market players. However, long lifespan of sonobuoy launchers and availability of other submarine detection technologies hinder the growth of the market.

The US, Canada, and Mexico are major economies in North America.Amid continuous technological developments, the need to ensure the security of nations is becoming essential.

The major countries in North America leverage advanced technologies to maintain antiwarfare situations and combat underwater threats to ensure the high-end security.Advancements in underwater acoustic surveillance technologies are encouraging the naval forces in the region to invest substantial amounts in adopting technology to combat the rising number of underwater threats.

This would promote the use of sonobuoy systems to detect potential threats, thereby fueling the sonobuoy launcher market.

The global sonobuoy launcher market is segmented on the basis of type and ejection platform.Based on type, the market is segmented into multiple rotary launch system and single launch system.

Based on the ejection platform, the market is segmented as aircraft and ships.

Key players operating in the global sonobuoy launcher market, which are profiled in this market study, include Alcan, Geospectrum Technologies Inc., L3Harries, Aurora Flight Sciences, JSK Naval Support Inc., Marshall Aerospace and Defence Group, MES S.P.A., Systems Engineering Associates Corporation, SAES, and Ultra Electronics.

The global sonobuoy launcher market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the sonobuoy launcher market with respect to all the segments.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the sonobuoy launcher market.