Global Sonobuoy Market 2018-2022
Sonobuoys are buoys that are used to detect the presence of submarines, sunken ships, oil and gas deposits, etc underwater using sound navigation and ranging. They are carried in a sonobuoy launch container in ships and aircraft for pneumatic or free-fall launch. They are built with hydrophones or transducers for converting sound signal to an electrical signal and transmitting it to the patrolling aircraft or ship.
Technavio’s analysts forecast the global sonobuoy market to grow at a CAGR of 6.53% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global sonobuoy market for 2018-2022. To calculate the market size, the report considers the revenue generated by the use of sonobuoys across several end-user industries.
The market is divided into the following segments based on geography:
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