PUBLISHER: The Insight Partners | PRODUCT CODE: 1637694
PUBLISHER: The Insight Partners | PRODUCT CODE: 1637694
The Middle East & Africa oceanographic monitoring system market was valued at US$ 69.92 million in 2022 and is expected to reach US$ 87.40 million by 2030; it is estimated to record a CAGR of 2.8% from 2022 to 2030.
Incorporation of Autonomous Underwater Vehicles and Unmanned Surface Vehicles for Collecting Oceanographic Data Bolster Middle East & Africa Oceanographic Monitoring System Market
Autonomous Underwater Vehicles (AUVs) are unmanned submersibles integrated with advanced technologies that enable them to cruise the ocean automatically without the need for direct human involvement. These cutting-edge devices are loaded with sensors, cameras, and data collection equipment, offering scientists unprecedented access to the ocean's depths. AUVs' applications include traditional research vessels as well as making maritime exploration more efficient and cost-effective. AUVs lower the risk of diver-related safety hazards during deep-sea research and data collecting by eliminating the necessity for human presence underwater. Moreover, Unmanned Surface Vehicles (USVs) are used for a wide range of applications in sheltered waters, coastal areas, and offshore waters. Technological developments such as AUV and USV have improved the capabilities of oceanographic services, including the efficiency and precision of data collecting. These vehicles, along with complex sensors, can collect high-resolution information on a range of oceanographic characteristics, including wave height, salinity, temperature, and currents. When considering traditional methods such as ship-based sampling, the data collected through these vehicles is considerably more reliable and accurate. Thus, the incorporation of autonomous underwater vehicles (AUVs) and unmanned surface vehicles (USVs) for collecting oceanographic data is expected to fuel the Middle East & Africa oceanographic monitoring system market growth in the coming years.
Middle East & Africa Oceanographic Monitoring System Market Overview
The Middle East & Africa oceanographic monitoring system market is segmented into South Africa, Saudi Arabia, UAE, and the Rest of the Middle East & Africa. The Middle East & Africa has a vibrant marine economy, with key trade routes such as the Red Sea and the Suez Canal. This mandates the use of robust oceanographic monitoring systems to ensure safe navigation, avoid accidents, and enhance maritime operations. Further, rising sea levels, coastal erosion, and marine pollution are a few of the region's major environmental challenges. Oceanographic monitoring systems play an important role in overcoming these concerns by providing real-time data on water quality, currents, and other characteristics, allowing for more informed decisions about sustainable ocean management.
Middle East & Africa Oceanographic Monitoring System Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Oceanographic Monitoring System Market Segmentation
The Middle East & Africa oceanographic monitoring system market is categorized into type, application, and country.
Based on type, the Middle East & Africa oceanographic monitoring system market is categorized into sensors, underwater communication system, and buoys observation monitoring systems. The underwater communication system segment held the largest market share in 2022.
In terms of application, the Middle East & Africa oceanographic monitoring system market is bifurcated into onshore and offshore. The onshore segment held a larger market share in 2022.
By country, the Middle East & Africa oceanographic monitoring system market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa oceanographic monitoring system market share in 2022.
Hitachi Zosen Corporation, MOBILIS, SERCEL, Trelleborg Marine and Infrastructure, and Xylem are some of the leading companies operating in the Middle East & Africa oceanographic monitoring system market.