LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors for the global sonobuoy market in their latest research report. This report also lists three other prominent vendors who are expected to contribute to this market’s growth over the forecast period.
To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. The report provides a global overview, market shares and segmentation by application (defense and application), and growth opportunities by region (Americas, EMEA, and APAC).
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“The US Navy is the largest investor in the procurement of unmanned underwater vehicles, ASW systems, and acquisition of sonobuoys for marine mammal research. It also spends extensively on tracking hostile submarine movement to counter unseen threats in the ocean. However, ongoing naval border disputes in the South China Sea and the Indian Ocean have raised concerns over the deployment of anti-submarine and naval warfare systems. Deployment of sonobuoys will be a viable option to counter such maritime threats,” said Abhay Singh, one of Technavio’s lead analysts for defense.
“End-users of the global sonobuoy market are shifting their focus from quantity to quality. There is also an increased emphasis on cost-efficiency in military operations and emerging markets in APAC and the Middle East. Western military forces are looking for high-end, modernized weapons and are upgrading their defense systems,” added Abhay.
Top five leading vendors in the global sonobuoy market:
General Dynamics Mission Systems-Canada
General Dynamics Mission Systems-Canada was founded in 1948 and is headquartered in Ottawa, Canada. It operates as one of the major defense system integrators in Canada.
The company manufactures and supplies comprehensive underwater intelligence, surveillance, and reconnaissance (ISR) solutions that are used for tracking submerged threats in coastal and deep water, as well as for ensuring coverage against torpedo threat in blue and littoral water environments. It offers sonobuoy acoustic processing system, under the brand name UYS-505 VENOM 3U, which enhances the signal processing capabilities and assists in detecting modern submerged threats.
RADIXON Group was founded in 1991 and is headquartered in Melbourne, Australia. It supplies radio communications monitoring and surveillance systems to the customers in commercial and defense industries. It operates as a subsidiary of an Australia-based specialty consumer and professional equipment provider, Robotron. The company operates subsidiaries in the US, the UK, and Slovakia. The company manufactures and sells sonobuoys and associated products to the customers in the global naval industry. The company operates four regional offices and markets its products through over 30 prime dealers globally.
Sparton has been supplying ASW systems to the US Navy for the last 60 years. The company manufactures both active and passive sonobuoys for the US Navy and allied forces. In 1987, it established a joint venture with a US-based hydroacoustic sensors manufacturer, Ultra Electronics, under the legal name ERAPSCO, for supplying sonobuoys and transducers to the US Navy for its ASW operations.
Sparton, together with its partner, Ultra Electronics, offers International Traffic in Arms Regulations (ITAR)-approved and the US specification-qualified sonobuoys and associated technical support services through Sonobuoy TechSystems (a division of ERAPSCO).
The company, through its wholly owned subsidiary, Thales Underwater Systems, provides a comprehensive array of solutions for submarines, surface and mine-countermeasures vessels, and aircraft. Its product portfolio includes hull-mounted, variable depth, towed and dipping sonar systems, sonobuoy processing systems, sonobuoys, sonar support systems, torpedo homing heads, and antennas.
Thales Underwater Systems has operations in the UK, France, and Australia with a total workforce of over 2,000 employees.
Intel manufactures integrated digital technology platforms. The company sells these platforms to OEMs, original design manufacturers, and industrial and communications equipment manufacturers in different industries. Their platforms are used in applications such as PCs, data centers, tablets, smartphones, automobiles, automated factory systems and medical devices. Intel also develops and sells software and services primarily focused on security and technology integration. It offers platforms that incorporate different components and technologies, including a microprocessor and chipset.
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