Middle East & Africa Sonobuoy Market Size & Outlook

The sonobuoy market in Middle East & Africa is expected to reach a projected revenue of US$ 6.3 million by 2030. A compound annual growth rate of 5.4% is expected of Middle East & Africa sonobuoy market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.4
Forecast, 2030 (US$M)
$6.3
CAGR, 2024 - 2030
5.3%
Report Coverage
Middle East & Africa

Middle East & Africa sonobuoy market, 2018-2030 (US$M)

Middle

MEA sonobuoy market highlights

  • The MEA sonobuoy market generated a revenue of USD 4.4 million in 2023.
  • The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
  • In terms of segment, active was the largest revenue generating type in 2023.
  • Active is the most lucrative type segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2023USD 4.4 million
Market revenue in 2030USD 6.3 million
Growth rate5.4% (CAGR from 2023 to 2030)
Largest segmentActive
Fastest growing segmentActive
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationActive


Other key industry trends

  • In terms of revenue, MEA region accounted for 1.0% of the global sonobuoy market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 131.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Sonobuoy Market Scope

Sonobuoy market segmentation & scope
Active
Passive
Application
Defense
Commercial
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Sonobuoy Market Companies

Name Profile # Employees HQ Website

Middle East & Africa sonobuoy market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sonobuoy market will help companies and investors design strategic landscapes.


Active was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa sonobuoy market based on active covering the revenue growth of each sub-segment from 2018 to 2030.


Reasons to subscribe to Middle East & Africa sonobuoy market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Middle East & Africa sonobuoy market databook

  • Our clientele includes a mix of sonobuoy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa sonobuoy market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sonobuoy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Middle East & Africa sonobuoy market

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more