Sonobuoy Market to Account US$ 518.4 Mn in 2016 | Page 3

R e s e a r c h

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.
To understand and assess the demand and opportunities in this market, the report is
categorically split into four major sections, namely market analysis – by type, by application, by
size, and by region.
The section – market analysis, by type, comprehensively analyzes the market on the basis of
type and presents an in-depth analysis of the market in terms of value for 2016-2024. In 2015,
the passive sonobuoy segment dominated the global sonobuoy market, followed by the active

M a r k e t

sonobuoy segment. The passive sonobuoy segment is anticipated to expand at the fastest
CAGR of 6.5% over the forecast period in the global sonobuoy market in terms of revenue,
followed by the active sonobuoy segment.
The section – market analysis by application, analyzes the global sonobuoy market on the basis
of application and the data is provided in terms of value for 2016-2024. The detection & tracking
segment is expected to expand at the highest CAGR of 6.7% in terms of value during the
forecast period. In terms of market share, detection & tracking segment accounted for a major
percentage of the revenue share of the overall market in 2015 and is expected to dominate the
global sonobuoy market throughout the forecast years, followed by safety & security segment.

P e r s i s t e n c e

Download Report Table of Content, Figures, and Tables @

http://www.persistencemarketresearch.com/market-research/sonobuoy-market/toc
The section – market analysis by region, includes an in-depth country level analysis of all global
regions namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa by
type, application, size, and countries; and provides market data in terms of value for 2016-2024.
In 2015, the market in North America region dominated the overall global sonobuoy market,
followed by the market in the Europe region. The sonobuoy market in North America region is
projected to register the highest CAGR over the forecast period, followed by Asia Pacific and
Latin America regions respectively.
Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/sonobuoy-market.asp

Global Sonobuoy Market 2016-2024