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The Sonobuoy Launcher market is influenced by significant dynamics driven by advancements in underwater surveillance technology coupled with increasing emphasis on anti-submarine warfare capabilities. Technological innovation has been pivotal in driving this sector since manufacturers have always sought to increase launcher efficiency through the incorporation of advanced features into them. The development of sonar technology alongside signal processing has necessitated sophisticated sonobuoys, which require launching systems compatible with them that work efficiently at the same time. In order to meet the varied requirements of naval forces, there should be able to launch different types of sonobuoys, including active, passive as well as expendable ones that render tools useful for various anti-submarine warfare tasks.
The defense sector is a major factor behind the changing dynamics of the sonobuoy launchers market. In response to rising geopolitical tensions and the increased importance of the Maritimes, there is growing attention to augmenting naval capabilities, with a particular focus on anti-submarine warfare. Global navies are investing in modern sonobuoy launcher systems for advanced underwater surveillance and detection of threats. On the other hand, the widespread use of sonobuoys in military applications leads to substantial changes within this market. Sonobuoys have been used extensively for submarine hunting, underwater surveillance, and search and rescue missions. The versatility of these systems makes them essential in naval operations, hence influencing the market dynamics by driving demand for more sophisticated launcher technologies. This implies that as maritime security threats continue to multiply, naval engagements will greatly depend on sonobuoy launchers, thereby shaping future market dynamics even further.
Market dynamics are driven not only by the same players within the defense industries. Usually, companies in this sector form alliances and partnerships to combine their capabilities and devise integrated solutions. Joint ventures and strategic alliances have been very useful in promoting innovation, thus enabling firms to offer complete sonobuoy launcher systems that are responsive to changing characteristics of naval forces. Variations also influence the dynamics of a market for sonobuoy launchers in terms of regulations imposed on these devices, including compliance with international maritime laws and safety measures. In order to ensure that sonobuoy launcher systems meet both performance requirements and safety standards, it is necessary to adhere to regulatory frameworks. Moreover, product development, testing, and certification processes are influenced by the emerging regulatory environment since manufacturers attempt to conform their products to up-to-date benchmarks.
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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