QYR Market Research Global Sonobuoy market research | Page 5

QYResearch
Increasing need amongst emerging economies to strengthen their
anti-submarine operations and to monitor their natural resources
are major factors driving the growth of the global sonobuoy market.
Demand for sonobuoys is strongly associated with the growth of
anti-submarine warfare market. Moreover, demand for passive
sonobuoys is expected to increase because of the fact that it
performs detection and tracking without notifying the target object
about its presence, and this is expected to reflect in the revenue
forecast. However, stringent regulations, high costs associated with
deployment and monitoring of sonobuoys, technical limitations, etc.
are major challenges expected to be faced by market players in the
global sonobuoy market during the forecast period.
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