September 11, 2012 04:01 ET

Airborne ASW Sensor Market to Be Worth $2.47 Billion According to Latest Research

ROCKVILLE, MD--(Marketwire - Sep 11, 2012) - has announced the addition of "Anti-Submarine Warfare: The Market for Airborne ASW Sensors," to their collection of Naval Vessels & Warships market reports. For more information, visit

This analysis examines programs and systems considered to be representative of the world airborne ASW sensor market. Both system production and value forecasts are provided, as are value forecasts for non-physical items such as R&D programs, advanced technical demonstrations, and network integration. "The Market for Airborne ASW Sensors" reviews trends and makes projections for the years 2012 through 2021. (The relevant statistics were generated on March 8, 2012.) Based on this assessment, the airborne ASW sensor market (using a representative sampling of 48 individual line item forecasts of programs and systems, and 10 companies) will be worth at least $2.470 billion over the course of the 10-year period reviewed. Note that because some programs and systems are not available for examination, such as classified programs, company-developed projects, and programs yet to be announced, the true global airborne ASW sensor market value will likely be much higher. Forecast International forecasts a likely minimum value.

As this analysis is limited to covering a sampling of existing and future programs, the projected 72.18 percent ($309.98 million) decline in sales between 2012 and 2021 indicates that nearly three quarters of the programs examined will be completed by the end of the 10-year forecast period. The forecast numbers in this analysis are arranged by company, with 10 lines of separate companies examined, along with a "Manufacturer Varies" line and a "Manufacturer Not Selected" line. The Manufacturer Varies line consists of programs involving numerous companies that cannot easily be assigned a percentage of program work, and the Manufacturer Not Selected line covers programs still in the developmental stage.

Note: This analysis is based on a sampling of the airborne anti-submarine warfare systems and units currently in service, on the market, or in development. This survey is not inclusive of every airborne ASW sensor system or technology, but examines a number of leading products and systems in order to ascertain market patterns. Figures and monetary amounts represent systems in production or development and indicate where those systems are heading in terms of market sales. From such trends, an overall picture of the market is formulated and a forecast prepared.

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