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Sonobuoy Market Global Size

Sonobuoys are manufactured in sizes A and B. Size A sonobuoys have dimensions of 4.75” x 36”, whereas size B sonobuoys have dimensions of 6.875” x 60”.

Sonobuoys are manufactured in sizes A and B. Size A sonobuoys have dimensions of 4.75” x 36”, whereas size B sonobuoys have dimensions of 6.875” x 60”.

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P e r s i s t e n c e M a r k e t R e s e a r c h<br />

However, stringent regulations, high costs associated with deployment and monitoring of<br />

sonobuoys, technical limitations, etc. are major challenges expected to be faced by market<br />

players in the global sonobuoy market during the forecast period.<br />

To understand and assess the demand and opportunities in this market, the report is<br />

categorically split into four major sections, namely market analysis – by type, by application, by<br />

size, and by region.<br />

The section – market analysis, by type, comprehensively analyzes the market on the basis of<br />

type and presents an in-depth analysis of the market in terms of value for 2016-2024. In 2015,<br />

the passive sonobuoy segment dominated the global sonobuoy market, followed by the active<br />

sonobuoy segment. The passive sonobuoy segment is anticipated to expand at the fastest<br />

CAGR of 6.5% over the forecast period in the global sonobuoy market in terms of revenue,<br />

followed by the active sonobuoy segment.<br />

The section – market analysis by application, analyzes the global sonobuoy market on the basis<br />

of application and the data is provided in terms of value for 2016-2024. The detection & tracking<br />

segment is expected to expand at the highest CAGR of 6.7% in terms of value during the<br />

forecast period. In terms of market share, detection & tracking segment accounted for a major<br />

percentage of the revenue share of the overall market in 2015 and is expected to dominate the<br />

global sonobuoy market throughout the forecast years, followed by safety & security segment.<br />

Download Report Table of Content, Figures, and Tables @<br />

http://www.persistencemarketresearch.com/market-research/sonobuoy-market/toc<br />

The section – market analysis by region, includes an in-depth country level analysis of all global<br />

regions namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa by<br />

type, application, size, and countries; and provides market data in terms of value for 2016-2024.<br />

In 2015, the market in North America region dominated the overall global sonobuoy market,<br />

followed by the market in the Europe region. The sonobuoy market in North America region is<br />

projected to register the highest CAGR over the forecast period, followed by Asia Pacific and<br />

Latin America regions respectively.<br />

Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/sonobuoy-market.asp<br />

<strong>Global</strong> <strong>Sonobuoy</strong> <strong>Market</strong> 2016-2024

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