The new report by Expert Market Research titled, ‘Sonobuoy Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Global Sonobuoy Market, assessing the market based on its segments like function, size of the product, range, installation type, applications, and major regions which include North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/sonobuoy-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Forecast CAGR (2021-2026): 6.5%The market growth can be attributed to the robust growth of the maritime industry globally.
The increased defence spending by developed countries, such as the United States of America and Europe, is expected to further propel the growth of the market.Industry Definition and Major SegmentsSonobuoy refers to a SONAR portable device (SOund NAvigation and Ranging).
Sonobuoy helps to detect submarines and perform underwater research when it is released from an aircraft or a ship.
It is dependent on sound waves to detect/locate objects in a specific area.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/sonobuoy-marketBased on function, the industry can be segmented as follows:ActivePassiveSpecial PurposeBased on the size, the market can be divided into the following:Size ASize BSize COthersBased on the range of the product, the market can be divided as follows:Short RangeLong RangeThe market, on the basis of installation type, can be segmented as follows:SpringPneumaticFree-fallCartridgeBy application, the market is segmented into:Detection and TrackingSafety and SecurityOil and GasOthersLatest Global News on Sonobuoy Market@ https://www.expertmarketresearch.com/pressrelease/global-sonobuoy-marketOn the basis of regional markets, the industry is divided into:1 North America1.1 United States of America1.2 Canada2 Europe2.1 Germany2.2 United Kingdom2.3 France2.4 Italy2.5 Others3 Asia Pacific3.1 China3.2 Japan3.3 India3.4 ASEAN3.5 Others4 Latin America4.1 Brazil4.2 Argentina4.3 Mexico4.4 Others5 Middle East & Africa5.1 Saudi Arabia5.2 United Arab Emirates5.3 Nigeria5.4 South Africa5.5 OthersMarket TrendsSonobuoys are acoustic sensing instruments that are released to detect underwater sound signals from aircraft or ships in the ocean.
As oil and gas are important resources, several governments are making substantial investments in the construction of sonobuoys to locate sand domes and seeps, driving the growth of the demand for sonobuoys.