PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1490918
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1490918
Underwater Communication System Market Size - By Components (Hardware, Software, Services), By Technology (Acoustic Communication, Radio Frequency (RF) Communication, Optical Communication), By Application, By End Use & Forecast, 2024 - 2032
Underwater Communication System Market size is projected to expand at over 9% CAGR from 2024 to 2032, led by the increasing demand for underwater monitoring and surveillance applications in sectors, such as defense, oil & gas, and marine research. Significant advancements in acoustic communication technologies are improving product reliability and efficiency.
The launch of new underwater communication systems by key players is positively influencing the market growth. For instance, in April 2024, EvoLogics unveiled a novel Diver Navigation System (DNS) designed to enable real-time tracking of underwater positions of divers. The growing exploration and exploitation activities in deep-sea environments is further driving the need for robust communication solutions. The rising investments in underwater infrastructure development and underwater robotics are also creating opportunities for underwater communication system providers.
The industry is bifurcated into component, technology, application, end-use, and region.
Based on component, the underwater communication system industry from the software segment is estimated to rise at notable rate between 2024 and 2032. This is owing to the increasing demand for efficient data processing and analysis. Groundbreaking innovations in signal processing algorithms and communication protocols are improving the performance and reliability of underwater communication systems. The integration of AI and machine learning capabilities is further increasing the functionality and efficiency of software components s.
Underwater communication system market size from the oceanography application segment will expand exponentially by 2032. The increasing investments in oceanographic research and exploration initiatives are driving the demand for reliable communication systems for data transmission and retrieval. The increasing maritime activities, such as underwater surveys and monitoring are necessitating robust communication infrastructure. Growing advancements in sensor technologies and data analytics capabilities are increasing the efficiency and accuracy of oceanographic studies.
Regionally, the Asia Pacific underwater communication system market is estimated to grow at significant rate from 2024 to 2032. The rapid expansion in offshore oil & gas exploration activities is necessitating reliable communication solutions for underwater operations. The increasing investments in marine research and underwater infrastructure development are encouraging the deployment of these systems. The growing adoption of autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) for various applications will further boost the demand for the systems across the region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
- 1.3 Forecast model
- 1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
Chapter 2 Executive Summary
- 2.1 Industry 360-degree synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Technology providers
- 3.2.2 Equipment manufacturers
- 3.2.3 System integrators
- 3.2.4 Defence contractors
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Growing need for underwater communication systems for military and defense applications
- 3.8.1.2 Expansion of offshore oil and gas exploration activities
- 3.8.1.3 Advancements in underwater robotics and autonomous vehicles
- 3.8.1.4 Increasing adoption in maritime transportation
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Technical challenges due to the attenuation and distortion of signals
- 3.8.2.2 Cost expensive due to the need for specialized equipment
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Component, 2021 - 2032 ($Bn)
- 5.1 Key trends
- 5.2 Hardware
- 5.2.1 Transducers
- 5.2.2 Modems
- 5.2.3 Antennas
- 5.2.4 Cables and connectors
- 5.2.5 Others
- 5.3 Software
- 5.3.1 Modem control & configuration
- 5.3.2 Signal processing
- 5.3.3 Network management
- 5.3.4 Simulation & testing
- 5.3.5 Others
- 5.4 Services
Chapter 6 Market Estimates & Forecast, By Technology, 2021 - 2032 ($Bn)
- 6.1 Key trends
- 6.2 Acoustic communication
- 6.3 Radio Frequency (RF) communication
- 6.4 Optical communication
Chapter 7 Market Estimates & Forecast, By Application, 2021 - 2032 ($Bn)
- 7.1 Key trends
- 7.2 Defense and security
- 7.3 Scientific research
- 7.4 Hydrography
- 7.5 Oceanography
- 7.6 Others
Chapter 8 Market Estimates & Forecast, By End Use, 2021 - 2032 ($Bn)
- 8.1 Key trends
- 8.2 Military and defense
- 8.3 Oil & Gas
- 8.4 Scientific research institutions
- 8.5 Telecommunication companies
- 8.6 Maritime transportation
- 8.7 Tourism and recreation
- 8.8 Others
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 ($Bn)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Russia
- 9.3.6 Spain
- 9.3.7 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 AquaComms
- 10.2 Aquatic Sensor Network Technology
- 10.3 BlueComm
- 10.4 DSPComm
- 10.5 EvoLogics GmbH
- 10.6 Hydromea SA
- 10.7 Kongsberg Gruppen ASA
- 10.8 Kraken Robotics Inc.
- 10.9 L3Harris Technologies, Inc.
- 10.10 LinkQuest Inc.
- 10.11 Modulus Discovery, Inc.
- 10.12 Nortek AS
- 10.13 Ocean Innovations
- 10.14 Oceanserver Technology, Inc.
- 10.15 SAAB AB
- 10.16 Sonardyne International Ltd.
- 10.17 Subnero Pte Ltd.
- 10.18 Teledyne Technologies Inc.
- 10.19 Thales Group
- 10.20 Wavefront Technologies Inc.
