Global Underwater Acoustic Communication Market valued approximately USD 1.26 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.9% over the forecast period 2017-2025. Increasing adoption from defense sector and homeland security. Although lesser effective than terrestrial communication underwater acoustic communication has witnessed significant adoption as a more reliable and secured medium. However, factors such as slow data transmission and availability of limited usable frequency band are hampering the market growth.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Interface Platform:
> Sensor Interface
> Acoustic Modem
> Others
Communication Range:
> Shallow Water Range
> Medium Water Range
> Long Water Range
> Full Ocean
Application:
> Environment Monitoring
> Pollution Monitoring
> Climate Monitoring
> Hydrography
> Oceanography
> Others
End-User:
> Oil & Gas
> Military & Defense
> Homeland Security
> Scientific Research & Development
> Marine
Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market are Teledyne Technologies, Thales Group, Sonardyne International, Nortek, Kongsberg Gruppen, Evologics, DSPComm, Ultra Electronics, Mistral, Aquatec Group.
Target Audience of the Underwater Acoustic Communication Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
