Global Hydrographic Survey Equipment System Market Size study & Forecast, by Type (Sensing System, Positioning System, Subsea Sensors, Software, Unmanned Vehicles, Other), by Depth (Shallow Water, Deep Water), by Platform (Aircraft, Surface Vehicles, UVVs & USVs), by Application (Charting Application, Offshore Oil & Gas Survey, Port & Harbor Management, Cable/Pipeline Route Survey, Hydrographic/Bathymetric Survey, Others), by End User (Commercial, Research, Defense) and Regional Analysis, 2023-2030
Global Hydrographic Survey Equipment System Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. A hydrographic survey equipment system refers to a comprehensive collection of tools, instruments, and software used for conducting hydrographic surveys. Hydrographic surveys involve the measurement and mapping of underwater features, including the depth of water bodies, the shape of the seabed, and the location of submerged objects. The equipment system is designed to gather accurate and precise data about the marine environment to support various activities such as navigation, coastal engineering, resource exploration, and environmental management. The Hydrographic Survey Equipment System is expanding because of factors such as increased demand for seabed mapping exploration and expansion of offshore oil & gas.
The estimated coverage of mapped seafloor in the General Bathymetric Chart of the Oceans (GEBCO) grid for its 2022 release has increased to 23.4%, showing a growth from 20.6% in 2021 The need for precise and updated hydrographic data for safe navigation and maritime operations is a significant driver for the hydrographic survey equipment system market. Exploration and production activities for oil and gas in the offshore sector are growing, According to the IEA Currently, the extraction and transportation of oil and gas account for approximately 15% of the total global energy-related greenhouse gas (GHG) emissions. Moreover, the Integration of artificial intelligence (AI) and machine learning (ML) can improve the capabilities of hydrographic survey positioning systems, rising focus on safety and efficiency resulting in the market growth. However, technological advancement and data integration and processing will halt market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Hydrographic Survey Equipment System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America has been a leading region in the hydrographic survey equipment system market due to its extensive coastline, significant offshore oil and gas activities, and advanced marine infrastructure. The United States, in particular, has a strong presence in this market with well-established hydrographic survey companies, government agencies, and research institutes.
Major market player included in this report are:
EdgeTech
Innomar Technologies GmbH
Ixblue SaS
Kongsberg Gruppen
Sonardyne Inc
SyQwest
Teledyne Technologies
Tritech International Limited
Valeport Ltd
Xylem
Recent Developments in the Market:
In the year 2022, ECHO81 made a significant acquisition by procuring EdgeTech's Model 2300, a cutting-edge deep tow system with an impressive capability to reach depths of up to 3,000 meters. This advanced system offers superior bathymetry, side scan, and sub-bottom sensors, enhancing ECHO81's capabilities for underwater surveying and exploration. This acquisition is expected to have a substantial impact on ECHO81's operations, enabling them to provide more precise and comprehensive data for their clients in various sectors, such as marine research, offshore energy, and environmental monitoring, ultimately contributing to their growth and success in the industry.
In July 2023, Sonardyne, deployed at key locations in the Bay of Bengal and the Arabian Sea, the network of Sonardyne’s Bottom pressure recorder (BPR) is owned and operated by India’s National Institute of Ocean Technology (NIOT) as part of the country’s Tsunami Early Warning System (TEWS).
Global Hydrographic Survey Equipment System Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, Depth, Platform, Application, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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:
By Type:
Inertial Navigation System (INS)
Acoustic Positioning System (LBL, SBL, and USBL)
Satellite Bases Positioning System
Land Based Positioning System
By Depth:
Shallow Water
Deep Water
By Platform:
Aircraft
Surface Vehicles
UVVs & USVs
By Application:
Charting Application
Offshore Oil & Gas Survey
Port & Harbor Management
Cable/Pipeline Route Survey
Hydrographic/Bathymetric Survey
Others
By End User:
Commercial
Research
Defence
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
EdgeTech
Innomar Technologies GmbH
Ixblue SaS
Kongsberg Gruppen
Sonardyne Inc
SyQwest
Teledyne Technologies
Tritech International Limited
Valeport Ltd
Xylem
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