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Market Research Report

Global Underwater Connectors Market - 2019-2026

Published by DataM Intelligence Product code 908324
Published Content info 130-180 Pages
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Global Underwater Connectors Market - 2019-2026
Published: August 1, 2019 Content info: 130-180 Pages
Description

Market Overview

The global Underwater Connectors Market expected to reach $XX billion by 2026, at a CAGR of over 7% during the forecast period. Due to its high usage in marine equipment for remotely operating vehicles and other equipment & instrumentation solutions, is expected to propel growth in global underwater connectors market.

The report covers all the major trends and drivers playing a vital role in the growth of the global market. The market has been segmented on the basis of region, application, type, and connection.

Underwater power connectors are designed to connect power in applications that include equipment placed on the ocean floor. Market players are forced to distinguish their products and services through clear and unique value propositions to survive and succeed in this competitive environment. For instance, TE Connectivity's SEACON series offer a wide range of over 2500 underwater electrical and fiber optic connectors. Products include electrical dry-mate, optical hybrid dry-mate, electrical underwater mateable, and others.

Market Dynamics

The global underwater connectors market growth is driven by the growing demand for Autonomous Underwater Vehicles (AUVs). AUVs are being deployed for underwater survey missions required in defense, commercial, and scientific research sectors. These vehicles require connectors, which are water and corrosion resistant as they are majorly exposed to seawater. The implementation of underwater connectors in AUVs provides wireless power transfer, increasing its adoption in these vehicles.

Underwater application areas that require underwater power connectors are offshore oil and gas, defense systems and equipment, and others. Moreover, According to the Stockholm International Peace Research Institute (SIPRI), total world military expenditure rose to $1,822 billion in 2018, representing an increase of 2.6 per cent from 2017. The five biggest spenders in 2018 were the United States, China, Saudi Arabia, India and France, which together accounted for 60% of global military spending.

Besides, oil & gas sector offers promising growth for underwater connectors in the coming future. In 2018, according to the International Energy Administration, China had record oil and gas imports and remains the number one crude oil importer in the world after surpassing the United States in 2017 and is the number two natural gas importer, behind Japan.

Steady rise in oil and gas industry coupled with significant increase in military and defense spending is expected to fuel growth in global underwater connectors market.

Segment Analysis

By Type, the global underwater connectors market is segmented into Rubber-molded, Inductive Coupling, Fluid-filled Underwater Mateable Connector, and Rigid-shell/Bulk-headed. In 2018, rubber-molded segment accounted for the majority share in the market. Rubber molded underwater are cost effective, therefore used in wide range of industry verticals. Suitable for underwater lights and cameras, ROV systems, diver communication, and towed-array cable systems, rubber molded connectors have also witnessed relatively high innovations and investments. For instance, in 2018, SEACON announced that all TE Connectivity MOG (Marine, Oil & Gas) Rubber Molded Series will be manufactured complying with RoHS guidelines and requirements.

By Application, the global underwater connectors market is segmented into Oil and Gas, Military and Defense, Telecommunication, and others. Underwater connectors have enabled significant progress in the modularization of multiple systems in oil & gas, defense, and oceanographic industries. In the oil & gas industry, the demand for advanced technology is being witnessed. These connectors are being highly used during the extraction process of oil & gas from ocean floors. They provide smooth performance and optical connection in extreme environmental conditions. Several underwater connectors market players are focusing on providing innovative products to improve the efficiency of the underwater equipment.

Regional Analysis

By geography, the global Underwater Connectors Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).

In 2018, North America and Asia-Pacific together accounted for more than 60% market share in the global market. Demand for underwater power connectors in the region is likely to increase in the next few years, owing to the rise of new production centers. Moreover, the rising development of the oil & gas sector will further boost deamand for underwater connectors.

The increasing demand for high data transfer rates with a higher signal to noise ratio is accelerating its application in subsea cable systems, especially in developing economies like India, Brazil, China, and Indonesia. Fiber optic underwater connectors simplify installation, maintenance, and handling operations, providing quick, reliable, and high-performance connection. Several manufacturers are offering these devices by implementing advanced technologies to provide high accuracy and stabilization.

Competitive Analysis

Global Underwater Connectors Market is fragmented with the presence of global and regional players in the market. Market players are focusing on partnerships & collaborations to increase and improve their product lines. Intense rivalry among top players in the market has started fierce competition at various levels. In addition, Manufacturing companies can focus on improving the quality of Underwater Connectors products by improving the infrastructure thus creating potential opportunities in Underwater Connectors market.

Some major players in the market are Eaton Corporation, Fischer Connectors SA, Birns Aquamate LLC, Marshall Underwater Industries, Inc., and Hydro Group PLC. Other key players in the market are Glenair Inc, Birns Aquamate LLC, Teledyne Marine, GISMA Steckverbinder GmbH, and Amphenol Corporation.

Why Purchase the Report?

  • Identify new growth opportunities with In-depth insights for strategic business plans and design innovative strategies for sustainable growth.
  • Comprehensive details on factors that will drive or challenge the growth of market players.
  • Product mapping in excel for the key products of all major market players
  • Deep Sector-Specific Intelligence
  • Attractiveness and consumer behavior analysis for every region
  • Highlights of the competitive landscape

Target Audience:

  • Equipment Suppliers/ Buyers
  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
Table of Contents

Table of Contents

1. Global Underwater Connectors Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Underwater Connectors Market - Market Definition and Overview

3. Global Underwater Connectors Market - Executive Summary

  • 3.1 Market Snippet by Type
  • 3.2 Markey Snippet by Connection
  • 3.3 Market Snippet by Application
  • 3.4 Market Snippet by Region

4 Global Underwater Connectors Market - Market Dynamics

  • 4.1 Market Impacting Factors
    • 4.1.1 Drivers
      • 4.1.1.1 Increasing demand from Oil & Gas industry
    • 4.1.2 Restraints
      • 4.1.2.1 High volatility in raw material prices
    • 4.1.3 Impact Analysis

5 Global Underwater Connectors Market - Industry Analysis

  • 5.1 Porter's Five Forces Analysis
  • 5.2 Supply Chain Analysis

6 Global Underwater Connectors Market - By Type

  • 6.1 Introduction
    • 6.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 6.1.2 Market Attractiveness Index, By Type
  • 6.2 Rubber-molded*
    • 6.2.1 Introduction
    • 6.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%)
  • 6.3 Inductive Coupling
  • 6.4 Fluid-filled Underwater Mateable Connector
  • 6.5 Rigid-shell/Bulk-headed

7 Global Underwater Connectors Market - By Connection

  • 7.1 Introduction
    • 7.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Connection
    • 7.1.2 Market Attractiveness Index, By Connection
  • 7.2 Electrical*
    • 7.2.1 Introduction
    • 7.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%)
  • 7.3 Optical fiber
  • 7.4 Hybrid

8 Global Underwater Connectors Market - By Application

  • 8.1 Introduction
    • 8.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 8.1.2 Market Attractiveness Index, By Application
  • 8.2 Oil & Gas*
      • 8.2.1.1 Introduction
      • 8.2.1.2 Market Size Analysis, and Y-o-Y Growth Analysis (%)
  • 8.3 Military and Defense
  • 8.4 Telecommunications
  • 8.5 Others

9 Global Underwater Connectors Market - By Region

  • 9.1 Introduction
    • 9.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 9.1.2 Market Attractiveness Index, By Region
  • 9.2 North America
    • 9.2.1 Introduction
    • 9.2.2 Key Region-Specific Dynamics
    • 9.2.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.2.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Connection
    • 9.2.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.2.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.2.6.1 The U.S.
      • 9.2.6.2 Canada
      • 9.2.6.3 Mexico
  • 9.3 Europe
    • 9.3.1 Introduction
    • 9.3.2 Key Region-Specific Dynamics
    • 9.3.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.3.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Connection
    • 9.3.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.3.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.3.6.1 Germany
      • 9.3.6.2 The U.K.
      • 9.3.6.3 France
      • 9.3.6.4 Rest of Europe
  • 9.4 South America
    • 9.4.1 Introduction
    • 9.4.2 Key Region-Specific Dynamics
    • 9.4.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.4.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Connection
    • 9.4.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.4.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.4.6.1 Brazil
      • 9.4.6.2 Argentina
      • 9.4.6.3 Rest of South America
  • 9.5 Asia Pacific
    • 9.5.1 Introduction
    • 9.5.2 Key Region-Specific Dynamics
    • 9.5.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.5.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Connection
    • 9.5.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.5.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.5.6.1 China
      • 9.5.6.2 Japan
      • 9.5.6.3 South Korea
      • 9.5.6.4 Rest of Asia Pacific
  • 9.6 The Middle East and Africa
    • 9.6.1 Introduction
    • 9.6.2 Key Region-Specific Dynamics
    • 9.6.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.6.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Connection
    • 9.6.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

10 Global Underwater Connectors Market - Competitive Landscape

    • 10.1.1 Competitive Scenario
    • 10.1.2 Market Positioning/Share Analysis
    • 10.1.3 Mergers and Acquisitions Analysis

11 Company Profiles

  • 11.1 Amphenol Corporation*
    • 11.1.1 Company Overview
    • 11.1.2 Product Portfolio and Description
    • 11.1.3 Key Highlights
    • 11.1.4 Financial Overview
  • 11.2 SEACON (TE Connectivity)
  • 11.3 Eaton Corporation
  • 11.4 Fischer Connectors SA
  • 11.5 Birns Aquamate LLC
  • 11.6 Marshall Underwater Industries, Inc.
  • 11.7 Hydro Group PLC
  • 11.8 Glenair Inc
  • 11.9 Birns Aquamate LLC
  • 11.10 Teledyne Marine
  • 11.11 GISMA Steckverbinder GmbH

12 Global Underwater Connectors Market - Premium Insights

13 Global Underwater Connectors Market - DataM

  • 13.1 Appendix
  • 13.2 About Us and Services
  • 13.3 Contact Us
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