Top 4 Leading Companies Helping in Detecting Submarines in the Global Sonobuoy Market

The global sonobuoy market is expected to grow with a CAGR of 6.5% in the forecast period of 2022-2027.

Sonobuoys are small buoys equipped with sonar systems. They are deployed from aircraft or ships to conduct underwater acoustic research and submarine detection. Naval forces all across the world deploy sonobuoys so as to detect submarines as early as possible. Oceanographers often use sonobuoys to find out the depth of a particular area in the ocean, which enables them to study the lifeforms in that area accordingly. These factors have aided in the growth of the sonobuoy market.

The seafloor reflects the sound wave emitted by the sonobuoy. The time it takes for the wave to return to the ship is recorded and used to determine the depth and thickness of the seabed, along with the composition of the seabed layers and the presence of salt domes and seeps. Salt builds up over time, forming a dome from which oil and gas can be extracted. Since oil and gas are lucrative commodities, several governments are investing heavily in the installation of sonobuoys to find sand domes and seeps, propelling the sonobuoy market forward.

North America is likely to be one of the most important markets for sonobuoys owing to the rising consumer demand. Various technological advancements, including the usage of enhanced sensing, range, and directional capabilities, have aided the market's expansion. Growing defence spending and the increased deployment of unmanned underwater vehicles are projected to propel the industry forward even further. Europe, on the other hand, is experiencing strong growth and is expected to continue doing so during the projected period of 2022-2027.

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Top 4 Global Sonobuoy Companies:

Sparton Corporation

Sparton is a world leader in the sonobuoy market. The company has deployed over 6 million sonobuoys to its customers, and it has been doing so for over 60 years now. United States Specification Sonobuoys are sold through ERAPSCO, which is a joint venture of Sparton Corporation and Ultra Electronics Limited.

Thales Group

Thales is a global technology leader. It invests in digital innovations such as connectivity, big data, artificial intelligence, and cybersecurity, among  others. It also provides sonobuoy processing system in the form of its product line called BlueTracker. The first product BlueTracker MK1 could process up to 16 buoys simultaneously, while BlueTracker MK2 can process up to 64 buoys simultaneously. The company has multiple subsidiaries, and together have generated over USD 22 billion as revenue.

RADIXON Group

Radixon Group is the pioneer and industry leader of computer-based and software-defined radio receivers, and general-purpose as well as application-specific surveillance and monitoring systems. The products in the system include the WR series, which are receivers; the MS series, which are rack-mount enclosures; and the AX series, which are antennas. Radixon has four regional offices and around thirty major dealerships worldwide.

Ultra Electronics Limited

Ultra Electronics focuses on intelligent systems in the defence, security, critical detection, and control markets. The company provides multiple sonobuoys systems, including Multistatic Sonobuoys, Bathythermal Sonobuoys, Directional Command Active Sonobuoys, Passive Directional Sonobuoys, Passive Search Sonobuoys, and Wide Band Omni Directional Passive Surveillance Sonobuoys. It has employed over 4,500 employees across the globe and is listed on the London Stock Exchange.

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