Global Acoustic Doppler Current Profilers (ADCP) Market Growth 2023-2029

Global Acoustic Doppler Current Profilers (ADCP) Market Growth 2023-2029

An acoustic Doppler current profiler (ADCP) is a hydroacoustic current meter similar to a sonar, attempting to measure water current velocities over a depth range using the Doppler effect of sound waves scattered back from particles within the water column. The term ADCP is a generic term for all acoustic current profilers although the abbreviation originates from an instrument series introduced by RD Instruments in the 1980s. The working frequencies range of ADCPs range from 38 kHz to several Megahertz.

LPI (LP Information)' newest research report, the “Acoustic Doppler Current Profilers (ADCP) Industry Forecast” looks at past sales and reviews total world Acoustic Doppler Current Profilers (ADCP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Acoustic Doppler Current Profilers (ADCP) sales for 2023 through 2029. With Acoustic Doppler Current Profilers (ADCP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acoustic Doppler Current Profilers (ADCP) industry.

This Insight Report provides a comprehensive analysis of the global Acoustic Doppler Current Profilers (ADCP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acoustic Doppler Current Profilers (ADCP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acoustic Doppler Current Profilers (ADCP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acoustic Doppler Current Profilers (ADCP) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acoustic Doppler Current Profilers (ADCP).

The global Acoustic Doppler Current Profilers (ADCP) market size is projected to grow from US$ 90 million in 2022 to US$ 131.8 million in 2029; it is expected to grow at a CAGR of 131.8 from 2023 to 2029.

North America is the largest producer of Acoustic Doppler Current Profilers (ADCP), with a market share about 55%. It was followed by Europe with 40%. Teledyne Marine and Nortek are the leaders of of industry, and they had more than 80% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Acoustic Doppler Current Profilers (ADCP) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

2 Beams ADCP

3 Beams ADCP

4 Beams ADCP

5 Beams ADCP

Others

Segmentation by application

Bottom Tracking

Discharge Measurements

DVL

Wave Measurements

Turbulence

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Teledyne Marine

Nortek

LinkQuest

SonTek

HaiYing Marine

Rowe Technologies

Rickly

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acoustic Doppler Current Profilers (ADCP) market?

What factors are driving Acoustic Doppler Current Profilers (ADCP) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acoustic Doppler Current Profilers (ADCP) market opportunities vary by end market size?

How does Acoustic Doppler Current Profilers (ADCP) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.