Global Sonobuoy Market Forecast to Reach USD 178.29 Million by 2024, Amid COVID-19 Crisis

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The demand for strengthening ASW capabilities is one of the major factors propelling the market growth. However, factors such as effects on marine life will hamper the market growth.

More details: https://www.technavio.com/report/sonobuoy-market-industry-analysis

Sonobuoy Market: Geographic Landscape

North America will offer several growth opportunities to market vendors during the forecast period. The introduction of new software for communication will significantly influence the sonobuoy market's growth in this region. 44% of the market's growth will originate from North America during the forecast period. The US is the key market for sonobuoy market in North America. 

Companies Covered:

• ALCEN
• General Dynamics Corp.
• RADIXON Group Pty. Ltd.
• Rostec State Corp.
• SeaLandAire Technologies Inc.
• Sociedad Anonima de Electronica Submarina
• Sparton Corp.
• Tata Power SED
• Thales Group
• and Ultra Electronics Holdings Plc.

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Marine Electronics Market by Product and Geography - Forecast and Analysis 2020-2024: The marine electronics market size has the potential to grow by USD 927.70 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights:

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What our reports offer:

• How businesses can stay relevant
• What values are driving customer loyalty
• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Covers market data for 2020, 2021, until 2025
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations

Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Defense - Market size and forecast 2019-2024
• Commercial - Market size and forecast 2019-2024
• Special purpose - Market size and forecast 2019-2024
• Market opportunity by End-user

Market Segmentation by Function

• Market segments
• Comparison by Function
• Passive - Market size and forecast 2019-2024
• Active - Market size and forecast 2019-2024
• Market opportunity by Function

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume driver - Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ALCEN
• General Dynamics Corp.
• RADIXON Group Pty. Ltd.
• Rostec State Corp.
• SeaLandAire Technologies Inc.
• Sociedad Anonima de Electronica Submarina
• Sparton Corp.
• Tata Power SED
• Thales Group
• Ultra Electronics Holdings Plc

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report: https://www.technavio.com/report/sonobuoy-market-industry-analysis

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