Sonobuoy Launcher Market Industry Growth, Outlook, Trends By 2027

Sonobuoy Launcher Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Multiple Rotary Launch System and Single Launch System), Ejection Platform (Aircraft and Ships), and Geography

Publication Month : Aug 2020

  • Report Code : TIPRE00010252
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 114
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The sonobuoy launcher market was valued US$ 169.79 million in 2019 and is expected to reach US$ 261.93 million by 2027; it is estimated to grow at a CAGR of 5.5% during 2020–2027.

Technologies act as the most important shield to protect nations from potential threats such as maritime threats. Antisubmarine warfare are used by naval forces to combat underwater threats. They leverage the underwater acoustic surveillance technology with aircraft carriers and patrol vessels to carry out critical maritime operations. Therefore, the growing adoption of underwater acoustic surveillance systems is supporting the growth of the sonobuoy launcher market. The development of sonobuoy launchers for UAVs is a major business opportunity for the market players. However, the long lifespan of sonobuoy launchers and availability of other submarine detection technologies hinder the growth of the sonobuoy launcher market.

Due to remarkable rise in submarine warfare, countries are focusing more on adopting maritime patrol vessels, thus increasing the use of sonobuoy in antisubmarine warfare. This would directly trigger the adoption of sonobuoy launchers as well. Moreover, the rising defense budgets in the emerging countries for developing advanced technologies to ensure nationals security is another factor supporting the growth of the sonobuoy launcher market. Further, the integration of the combat management systems and sonobuoy launchers for improving anti-submarine warfare capabilities would benefit the sonobuoy launcher manufacturers worldwide.

Impact of COVID-19 Pandemic on Sonobuoy Launcher Market

The defense manufacturing industry is heavily dependent on the availability of manpower. Owing to lockdowns imposed by most countries in the world, to control the spread of COVID–19, the defense equipment manufacturing industry is experiencing shortage of labors in several manufacturing facilities. However, several countries such India and Thailand have announced reduced defense expenditure due to the impact of the pandemic on their respective economies; a majority of governments are rather focusing on investing in the measures to contain the spread of the virus. This factor is also anticipated lower the production of various defense equipment, including sonobuoy launchers, in late 2020.

Lucrative Regional Sonobuoy Launcher Market

Lucrative Regional Sonobuoy Launcher Market
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Market Insights–Sonobuoy Launcher Market

Focus on Anti-Submarine Warfare Stimulating Market Growth

Warfare has drastically changed over the years, and it modernization continues every year. Naval warfare, including both surface and underwater warfare, has significantly risen over the years. Naval forces worldwide are observing notable growth in submarine warfare, which creates high demand for antisubmarine warfare. To successfully conduct antisubmarine warfare (ASW), the adoption of maritime patrol aircraft (MPA) and patrol vessels, capable of launching sonobuoy, is growing substantially. Surge in newer orders for MPA and patrol vessels is generating greater demands for sonobuoy launchers.

Type-Based Insights–Sonobuoy Launcher Market

There is greater demand for sonobuoy launching dispensers for single-launch systems; however, with the emergence of its counterpart, the adoption of the former type is decreasing every year. Nonetheless, several platforms still use single launch systems, which is driving the growth of the market this segment.

Sonobuoy Launcher Market, by Type– 2019 and 2027

Sonobuoy Launcher Market, by Type– 2019 and 2027
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Ejection Platform-Based Insights–Sonobuoy Launcher Market

The maritime patrolling activities have been on focus in recent times among the naval forces; this is mainly attributed to the rise in the submarine or underwater warfare. Several naval forces are leveraging sonobuoy systems to combat the incoming threat from submarines. These systems are ejected from either maritime patrol aircraft or patrol boats, which needs sonobuoy launchers installed on these vehicles.

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Sonobuoy Launcher Market: Strategic Insights

sonobuoy-launcher-market
Market Size Value inUS$ 169.79 Million in 2019
Market Size Value byUS$ 261.93 Million by 2027
Growth rateCAGR of 5.5% from 2020-2027
Forecast Period2020-2027
Base Year2020
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The sonobuoy launcher market players focus on product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

  • In 2019, SEA CORP was awarded a five-year follow-on contract supporting Navy Strike Systems. As per the contract, which was worth US$ 70 million, the company will provide engineering services, technical services, and materials to the Undersea Warfare (USW) Combat Systems Department of the Naval Undersea Warfare Center in Newport.
  • In 2019, Ultra Electronics Command & Sonar Systems became the preferred bidder to the UK Ministry of Defence to provide the in-service support for its Surface Ship Torpedo Defence (SSTD) system for the next decade.

Sonobuoy Launcher Market – By Type

  • Multiple Rotary Launch System
  • Single Launch System Deadbolts

Sonobuoy Launcher Market – By Ejection Platform

  • Aircraft
  • Ships

Sonobuoy launcher Market – Companies Profiles

  • Alkan
  • 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
  • Ultra Electronics
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type , Ejection Platform , and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Canada, China, France, Germany, India, Japan, MEA, Russian Federation, SAM, South Korea, United Kingdom, United States

Frequently Asked Questions


Which region led the sonobuoy launcher market in 2019?

The North American region led the sonobuoy launcher market and is expected to continue to dominate the market throughout the forecast period. Factors such as imprints of leading sonobuoy dispenser companies such as L3Harris Technologies, JSK Naval Support, Boeing, Sonobuoy TechSystems in the countries; increasing demand to combat underwater maritime threats, are expected to trigger the growth of the sonobuoy launcher in the region. Additionally, in respect to security, enhancement in underwater acoustic surveillance technology is encouraging the naval forces of the region to invest a substantial amount in developing stated technology to combat the situation of rising underwater threats.

Which factor is driving the sonobuoy launcher market?

The modern warfare has drastically changed over the years and is continuing to modernize year on year. Over the past few years, naval warfare has significantly risen showcasing naval surface warfare and underwater warfare. The naval forces across the globe are observing notable growth in submarine warfare, owing to which the demand for anti-submarine warfare is considerably rising. In order to successfully conduct anti-submarine warfare (ASW), adoption of maritime patrol aircraft (MPA) and patrol vessels capable of launching sonobuoys is growing substantially. The growth in newer orders for MPA and patrol vessels is generating demands for sonobuoy launchers, which is throttling the sonobuoy launcher market.

Which type led the sonobuoy launcher market?

The sonobuoy launcher market is bifurcated on the basis of types of launching containers, namely; multiple rotary launch systems and single launch system. The sonobuoy launcher market is dominated by the multiple rotary launch system segment and is foreseen to continue its dominance throughout the forecast period. The supremacy of multiple rotary launch system over its counterpart is due to the capability of dispensing multiple sonobuoys at a time. Additionally, the interest among the end users and maritime patrol aircraft OEM and patrol boat OEMs is high towards multiple rotary launch system. This factor is also a vital booster for the growth of the segment.

The List of Companies - Sonobuoy Launcher Market

  1. Alkan
  2. Geospectrum Technologies Inc.
  3. L3Harris Technologies Inc.
  4. Aurora Flight Science
  5. JSK Naval Support Inc.
  6. Marshall Aerospace and Defence Group
  7. MES S.p.A
  8. Systems Engineering Associates Corporation (SEA Corp)
  9. SAES
  10. Ultra Command & Sonar Systems (Ultra  Electronics Group)

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

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Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

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