Global Sonobuoys Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sonobuoys industry revenue is expected to be around $845.4 million in 2025 and expected to showcase growth with 6.7% CAGR between 2025 and 2034. The sustained growth of the Sonobuoys market highlights its importance in the industry sector. The primary reason for this significance is the growing demand for prosecution mechanisms in naval fleets and the increasing reliance on marine data collection for research and exploration purposes. Moreover due to mounting concerns about maritime security the necessity for sturdy underwater surveillance systems has increased significantly. This has further enhanced the attraction, towards Sonobuoys. Given their range of applications and impact it is evident that Sonobuoys will remain a crucial asset.
Sonobuoys play a role in diverse marine activities as a portable sonar system that detects and identifies submarine dangers to strengthen naval defense systems. They offer functions such, as passive and active listening abilities and the collection of environmental data which has expanded their applications beyond defense to include scientific research, marine mammal research and oil & gas exploration.
Market Key Insights
- The Sonobuoys market is projected to grow from $792.3 million in 2024 to $1.52 billion in 2034. This represents a CAGR of 6.7%, reflecting rising demand across Anti-Submarine Warfare, Underwater Search and Rescue and Oceanographic Data Collection.
- Sparton Corporation, Ultra Electronics, Thales Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and Canada are the top markets within the Sonobuoys market and are expected to observe the growth CAGR of 4.4% to 6.4% between 2024 and 2030.
- Emerging markets including Indonesia, UAE and Brazil are expected to observe highest growth with CAGR ranging between 7.7% to 9.2%.
- Transition like Emergence of Multistatic Sonobuoys has greater influence in United States and Canada market's value chain; and is expected to add $36 million of additional value to Sonobuoys industry revenue by 2030.
- The Sonobuoys market is set to add $723 million between 2024 and 2034, with industry players targeting Safety & Security & Research & Survey Application projected to gain a larger market share.
- With Enhancing maritime security, and Technological advancements in sonobuoys, Sonobuoys market to expand 91% between 2024 and 2034.
Opportunities in the Sonobuoys
In the evolving realm of sonobuoys technology advancements including expanded frequency ranges and superior detection capabilities coupled with enhanced durability drive remarkable market growth potential, for companies unveiling cutting edge sonobuoys.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Enhancing Maritime Security, and Increasing Application in Scientific Research
The market is also experiencing a range of advancements in Sonobuoys design and features recently. Innovations like the static active coherent technology have also enhanced the operational speed, range and efficiency of Sonobuoys leading to their increased use, by naval forces worldwide.
Restraint: High Production Costs
Opportunity: Expanding Naval Operations and Strategic Collaborations and Partnerships
The sonobuoys sector is expanding significantly. Creating opportunities for strategic collaborations and partnerships to emerge. There is potential, for defense companies technology firms and research institutions to join forces and pool their knowledge to develop sonobuoys that can tap into the markets unrealized potential.
Challenge: Regulatory Compliance Challenges
Supply Chain Landscape
Thermo Fisher Scientific
LyondellBasell Industries
CeramTec
Sparton Corporation
Ultra Electronics
General Dynamics Mission Systems
Naval Defense
Anti-submarine warfare
Thermo Fisher Scientific
LyondellBasell Industries
CeramTec
Sparton Corporation
Ultra Electronics
General Dynamics Mission Systems
Naval Defense
Anti-submarine warfare