North America Sonobuoy Market Size & Outlook, 2023-2030

The sonobuoy market in North America is expected to reach a projected revenue of US$ 311.9 million by 2030. A compound annual growth rate of 6.5% is expected of North America sonobuoy market from 2024 to 2030.
Revenue, 2023 (US$M)
$201.3
Forecast, 2030 (US$M)
$311.9
CAGR, 2024 - 2030
6.5%
Report Coverage
North America

North America sonobuoy market, 2018-2030 (US$M)

North

North America sonobuoy market highlights

  • The North America sonobuoy market generated a revenue of USD 201.3 million in 2023.
  • The market is expected to grow at a CAGR of 6.5% 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.


North America data book summary

Market revenue in 2023USD 201.3 million
Market revenue in 2030USD 311.9 million
Growth rate6.5% (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, North America region accounted for 46.9% 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.

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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

North America 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 North America sonobuoy market based on active covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of sonobuoy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America sonobuoy market , including forecasts for subscribers. This continent databook contains high-level insights into North America sonobuoy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America sonobuoy market

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