Market Research Future (MRFR) analyzed the Sonobuoy Launcher Market 2020 through the review period across the assessment period till 2023. By 2023, the sonobuoy market can surge at decent pace to earn substantial revenue. The increase in demand for expendable and portable sonar system can favor expansion of the market in the review period. The rise in its application, such as ISR, maritime patrol, underwater research, and submarine detection, among others. In addition, the increase in demand for sonobuoy launchers favor expansion of the market in the years to come. The introduction of advanced sonobuoy launchers to offer better aircraft and the need for effective weapon management systems can support expansion of the market in analysis period
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ALKAN S.A. (France), Harris Corporation (US), JSK Naval Support Inc. (Canada), and GEOSPECTRUM Technologies Inc. (Canada)
The segment assessment for Global Sonobuoy Launcher Market is done by launch mode, launch configuration, and launch platform.
The launch configuration-based segments of the sonobuoy launcher market are multiple rotary launch system and single launch system. The multiple rotary launch system segment can rise at high pace that can witness high CAGR across the review period.
The launch mode-based segments of the sonobuoy launcher market are pneumatic and others. Others include spring-loaded, cartridge activated devices (CAD), gravity release, and mechanical ejectors. The pneumatic segment can rise at high CAGR across the review period.
As per MRFR regional study, Asia Pacific sonobuoy launcher market can rise at high pace as modern technologies are observed to protect nations from any potential maritime threats. The increase in demand for antisubmarine warfare that is used by naval forces to encounter underwater threats can promote expansion of the regional market. The rise in demand for underwater acoustic surveillance technology along with increase in demand for patrol vessels and aircraft carriers to execute critical maritime operations can favor expansion of the market in the near future. In Europe, the rise in adoption of underwater acoustic surveillance systems can support sonobuoy launcher market. The rapid development and introduction of sonobuoy launchers for UAVs can hold major business opportunities that can favor expansion of the market in the near future.
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