Underwater Acoustic Communication Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Interface Platform ; By Communication Depth ; By Application ; By End User ; By Region

Description

Global Underwater Acoustic Communication Market Size More Than Doubles to Cross USD 4 Billion by 2029.

Global underwater acoustic communication market is flourishing because of the growing use of acoustic navigation for underwater locating, rising environmental awareness, and increasing adoption of underwater acoustic modems in naval defense.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global underwater acoustic communication market size at USD 1.9 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global underwater acoustic communication market size to grow at a significant CAGR of 13.6% reaching a value of USD 4 billion by 2029. Major growth factors for global underwater acoustic communication market include the increasing use of underwater acoustic communication for exploration, security, and monitoring by a variety of end users. Due to the increase in security threats, major countries, such as the US and Canada, are increasingly employing underwater acoustic communication devices for naval and security purposes in unmanned underwater vehicles. Continuous R&D to tackle the challenges of underwater communication is expected to propel the industry forward. Another market driver is an increase in environmental consciousness and a major increase in efforts to conserve and protect the environment. A surge in underwater exploration programs for environmental protection is another aspect driving expansion. Underwater acoustic communication devices are gaining ground on established methods for seafloor mapping and data collection. Underwater audio communication is also becoming more popular as a warning system for underwater earthquakes or tsunamis, as well as for monitoring underwater pollutants and habitat. They are also used to check water quality and forecast the weather. These factors are expected to drive the expansion of global underwater acoustic communication during the forecast period.

Global Underwater Acoustic Communication Market - Overview

Underwater acoustic communication is a method of sending and receiving signals beneath the surface of the water. Underwater acoustic communication differs from terrestrial communication in that it uses acoustic waves rather than electromagnetic signals. Sound waves are used for improved communication in underwater acoustic communication because they move well under water. Underwater acoustic communication is concerned with the underwater propagation of sound and mechanical wave interactions that aid in the development of sound within water. In the recent decade, underwater vehicles have been used to explore natural undersea resources and collect critical data in underwater marine research operations.

Impact of COVID-19 on Global Underwater Acoustic Communication Market

COVID-19 had a limited impact on the underwater acoustic modem business. Rising coronavirus incidence around the world resulted in stringent social distance and lockdown norms, causing supply chain disruption and hurting product demand. There was a decrease in military and defense spending, affecting product demand during the pandemic.

Global Underwater Acoustic Communication Market - By End User

Based on end user, global underwater acoustic communication market is segmented into Oil & Gas, Military & Defense, Homeland Security, Scientific Research & Development, and Marine. The Military & Defense segment holds the highest market share. A key factor driving the global underwater acoustic communication market is the growing need for dependable long-distance communication in order to transmit acoustically encoded tactical messages from a user-controlled station to a submerged submarine or other underwater asset. Unreliable or unsecure systems provide unacceptable risks, resulting in asset and person loss. Submarine communications systems, including AUV communication and diver communications systems, are among the many applications of underwater acoustic communication. These advanced communication networks are used by Special Forces for mine clearance and other military missions. In order to strengthen the robustness of large-scale underwater network deployment and high data-rate underwater communication, underwater communications and networks are embracing more modern technologies and innovations.

Competitive Landscape:

Major players operating in global underwater acoustic communication market include: Thales Group, Teledyne Technologies, Ultra-Electronics, Kongsberg Gruppen ASA, L3 Harris, Sonardyne Int. Ltd, General Dynamics, Nortek Group, Sparton Corp, Sercel Underwater Acoustic, EvoLogics GmbH, Hydroacoustics, Inc., Gavial Holdings, UniEnergy Technologies., Mistral Solutions Pvt. Ltd., Proserv UK Ltd., and Subnero Pte Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Underwater Acoustic Communication Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Underwater Acoustic Communication Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23011

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Underwater Acoustic Communication Market Insights

3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
  - 3.1.2.1. Growing Deployment of Acoustic Navigation for Underwater Positioning
  - 3.1.2.2. Increase in Consciousness Regarding the Environment
- 3.1.3. Restraints
  - 3.1.3.1. Delayed Delivery Rates in Underwater Communication
- 3.1.4. Opportunities
  - 3.1.4.1. Usage of 5G Network for Underwater Communication
- 3.1.5. Challenges
  - 3.1.5.1. Security Threat in Underwater Communication
3.2. Technological Advancement/Recent Developments
3.3. Regulatory Framework
3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry

4. Global Underwater Acoustic Communication Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Interface Platform
  - 4.2.1.1. Sensor Interface
  - 4.2.1.2. Acoustic Modem
  - 4.2.1.3. Others
- 4.2.2. By Communication Depth
  - 4.2.2.1. Shallow Water
  - 4.2.2.2. Medium Water
  - 4.2.2.3. Long Water
  - 4.2.2.4. Full Ocean
- 4.2.3. By Application
  - 4.2.3.1. Environmental Monitoring
  - 4.2.3.2. Pollution Monitoring
  - 4.2.3.3. Climate Monitoring
  - 4.2.3.4. Hydrography
  - 4.2.3.5. Oceanography
  - 4.2.3.6. Others
- 4.2.4. By End User
  - 4.2.4.1. Oil & Gas
  - 4.2.4.2. Military & Defense
  - 4.2.4.3. Homeland Security
  - 4.2.4.4. Scientific Research & Development
  - 4.2.4.5. Marine
- 4.2.5. By Region
  - 4.2.5.1. North America
  - 4.2.5.2. Europe
  - 4.2.5.3. Asia Pacific (APAC)
  - 4.2.5.4. Latin America
  - 4.2.5.5. Middle East and Africa (MEA)

5. North America Underwater Acoustic Communication Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Interface Platform
- 5.2.2. By Communication Depth
- 5.2.3. By Application
- 5.2.4. By End User
- 5.2.5. By Country
  - 5.2.5.1. United States
  - 5.2.5.1.1. By Interface Platform
  - 5.2.5.1.2. By Communication Depth
  - 5.2.5.1.3. By Application
  - 5.2.5.1.4. By End User
  - 5.2.5.2. Canada
  - 5.2.5.2.1. By Interface Platform
  - 5.2.5.2.2. By Communication Depth
  - 5.2.5.2.3. By Application
  - 5.2.5.2.4. By End User

6. Europe Underwater Acoustic Communication Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Interface Platform
- 6.2.2. By Communication Depth
- 6.2.3. By Application
- 6.2.4. By End User
- 6.2.5. By Country
  - 6.2.5.1. Germany
  - 6.2.5.1.1. By Interface Platform
  - 6.2.5.1.2. By Communication Depth
  - 6.2.5.1.3. By Application
  - 6.2.5.1.4. By End User
  - 6.2.5.2. U.K.
  - 6.2.5.2.1. By Interface Platform
  - 6.2.5.2.2. By Communication Depth
  - 6.2.5.2.3. By Application
  - 6.2.5.2.4. By End User
  - 6.2.5.3. Italy
  - 6.2.5.3.1. By Interface Platform
  - 6.2.5.3.2. By Communication Depth
  - 6.2.5.3.3. By Application
  - 6.2.5.3.4. By End User
  - 6.2.5.4. France
  - 6.2.5.4.1. By Interface Platform
  - 6.2.5.4.2. By Communication Depth
  - 6.2.5.4.3. By Application
  - 6.2.5.4.4. By End User
  - 6.2.5.5. Spain
  - 6.2.5.5.1. By Interface Platform
  - 6.2.5.5.2. By Communication Depth
  - 6.2.5.5.3. By Application
  - 6.2.5.5.4. By End User
  - 6.2.5.6. The Netherlands
  - 6.2.5.6.1. By Interface Platform
  - 6.2.5.6.2. By Communication Depth
  - 6.2.5.6.3. By Application
  - 6.2.5.6.4. By End User
  - 6.2.5.7. Rest of Europe
  - 6.2.5.7.1. By Interface Platform
  - 6.2.5.7.2. By Communication Depth
  - 6.2.5.7.3. By Application
  - 6.2.5.7.4. By End User

7. Asia Pacific Underwater Acoustic Communication Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Interface Platform
- 7.2.2. By Communication Depth
- 7.2.3. By Application
- 7.2.4. By End User
- 7.2.5. By Country
  - 7.2.5.1. China
  - 7.2.5.1.1. By Interface Platform
  - 7.2.5.1.2. By Communication Depth
  - 7.2.5.1.3. By Application
  - 7.2.5.1.4. By End User
  - 7.2.5.2. India
  - 7.2.5.2.1. By Interface Platform
  - 7.2.5.2.2. By Communication Depth
  - 7.2.5.2.3. By Application
  - 7.2.5.2.4. By End User
  - 7.2.5.3. Japan
  - 7.2.5.3.1. By Interface Platform
  - 7.2.5.3.2. By Communication Depth
  - 7.2.5.3.3. By Application
  - 7.2.5.3.4. By End User
  - 7.2.5.4. South Korea
  - 7.2.5.4.1. By Interface Platform
  - 7.2.5.4.2. By Communication Depth
  - 7.2.5.4.3. By Application
  - 7.2.5.4.4. By End User
  - 7.2.5.5. Australia & New Zealand
  - 7.2.5.5.1. By Interface Platform
  - 7.2.5.5.2. By Communication Depth
  - 7.2.5.5.3. By Application
  - 7.2.5.5.4. By End User
  - 7.2.5.6. Indonesia
  - 7.2.5.6.1. By Interface Platform
  - 7.2.5.6.2. By Communication Depth
  - 7.2.5.6.3. By Application
  - 7.2.5.6.4. By End User
  - 7.2.5.7. Malaysia
  - 7.2.5.7.1. By Interface Platform
  - 7.2.5.7.2. By Communication Depth
  - 7.2.5.7.3. By Application
  - 7.2.5.7.4. By End User
  - 7.2.5.8. Singapore
  - 7.2.5.8.1. By Interface Platform
  - 7.2.5.8.2. By Communication Depth
  - 7.2.5.8.3. By Application
  - 7.2.5.8.4. By End User
  - 7.2.5.9. Philippines
  - 7.2.5.9.1. By Interface Platform
  - 7.2.5.9.2. By Communication Depth
  - 7.2.5.9.3. By Application
  - 7.2.5.9.4. By End User
  - 7.2.5.10. Vietnam
  - 7.2.5.10.1. By Interface Platform
  - 7.2.5.10.2. By Communication Depth
  - 7.2.5.10.3. By Application
  - 7.2.5.10.4. By End User
  - 7.2.5.11. Rest of APAC
  - 7.2.5.11.1. By Interface Platform
  - 7.2.5.11.2. By Communication Depth
  - 7.2.5.11.3. By Application
  - 7.2.5.11.4. By End User

8. Latin America Underwater Acoustic Communication Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Interface Platform
- 8.2.2. By Communication Depth
- 8.2.3. By Application
- 8.2.4. By End User
- 8.2.5. By Country
  - 8.2.5.1. Brazil
  - 8.2.5.1.1. By Interface Platform
  - 8.2.5.1.2. By Communication Depth
  - 8.2.5.1.3. By Application
  - 8.2.5.1.4. By End User
  - 8.2.5.2. Mexico
  - 8.2.5.2.1. By Interface Platform
  - 8.2.5.2.2. By Communication Depth
  - 8.2.5.2.3. By Application
  - 8.2.5.2.4. By End User
  - 8.2.5.3. Argentina
  - 8.2.5.3.1. By Interface Platform
  - 8.2.5.3.2. By Communication Depth
  - 8.2.5.3.3. By Application
  - 8.2.5.3.4. By End User
  - 8.2.5.4. Peru
  - 8.2.5.4.1. By Interface Platform
  - 8.2.5.4.2. By Communication Depth
  - 8.2.5.4.3. By Application
  - 8.2.5.4.4. By End User
  - 8.2.5.5. Rest of LATAM
  - 8.2.5.5.1. By Interface Platform
  - 8.2.5.5.2. By Communication Depth
  - 8.2.5.5.3. By Application
  - 8.2.5.5.4. By End User

9. Middle East & Africa Underwater Acoustic Communication Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Interface Platform
- 9.2.2. By Communication Depth
- 9.2.3. By Application
- 9.2.4. By End User
- 9.2.5. By Country
  - 9.2.5.1. Saudi Arabia
  - 9.2.5.1.1. By Interface Platform
  - 9.2.5.1.2. By Communication Depth
  - 9.2.5.1.3. By Application
  - 9.2.5.1.4. By End User
  - 9.2.5.2. UAE
  - 9.2.5.2.1. By Interface Platform
  - 9.2.5.2.2. By Communication Depth
  - 9.2.5.2.3. By Application
  - 9.2.5.2.4. By End User
  - 9.2.5.3. Qatar
  - 9.2.5.3.1. By Interface Platform
  - 9.2.5.3.2. By Communication Depth
  - 9.2.5.3.3. By Application
  - 9.2.5.3.4. By End User
  - 9.2.5.4. Kuwait
  - 9.2.5.4.1. By Interface Platform
  - 9.2.5.4.2. By Communication Depth
  - 9.2.5.4.3. By Application
  - 9.2.5.4.4. By End User
  - 9.2.5.5. South Africa
  - 9.2.5.5.1. By Interface Platform
  - 9.2.5.5.2. By Communication Depth
  - 9.2.5.5.3. By Application
  - 9.2.5.5.4. By End User
  - 9.2.5.6. Nigeria
  - 9.2.5.6.1. By Interface Platform
  - 9.2.5.6.2. By Communication Depth
  - 9.2.5.6.3. By Application
  - 9.2.5.6.4. By End User
  - 9.2.5.7. Algeria
  - 9.2.5.7.1. By Interface Platform
  - 9.2.5.7.2. By Communication Depth
  - 9.2.5.7.3. By Application
  - 9.2.5.7.4. By End User
  - 9.2.5.8. Rest of MEA
  - 9.2.5.8.1. By Interface Platform
  - 9.2.5.8.2. By Communication Depth
  - 9.2.5.8.3. By Application
  - 9.2.5.8.4. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Underwater Acoustic Communication Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Underwater Acoustic Communication Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. Thales Group
12.2. Teledyne Technologies
12.3. Ultra-Electronics
12.4. Kongsberg Gruppen ASA
12.5. L3 Harris
12.6. Sonardyne Int. Ltd
12.7. General Dynamics
12.8. Nortek Group
12.9. Sparton Corp
12.10. Sercel Underwater Acoustic
12.11. EvoLogics GmbH
12.12. Hydroacoustics, Inc.
12.13. Gavial Holdings
12.14. UniEnergy Technologies.
12.15. Mistral Solutions Pvt. Ltd.
12.16. Proserv U.K. Ltd.
12.17. Subnero Pte. Ltd
12.18. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations