Global Hydrographic Acquisition Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hydrographic Acquisition Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Hydrographic Acquisition Software is a software designed to obtain hydrological data.

Market Overview:

The latest research study on the global Hydrographic Acquisition Software market finds that the global Hydrographic Acquisition Software market reached a value of USD 68.55 million in 2022. It’s expected that the market will achieve USD 124.5 million by 2028, exhibiting a CAGR of 10.46% during the forecast period.

Limitations

and Opportunities
The current variety of Hydrographic Acquisition Software, which can customize different software for various types of industries, will be one of the development directions of future suppliers. In addition, information data security is also one of the trends that users’ value in the future. Cloud-based software is vulnerable to malicious attacks leading to information leakage. Therefore, suppliers will pay special attention to the implementation of information security measures in future product updates.
For example, China, India, Southeast Asia, and South America have a large population. The expansion of the city and the construction of large-scale water conservancy projects have brought about a large demand for the Hydrographic Acquisition Software. The development of local small businesses, the government's policy support for high-tech industries, and the improvement of software industry technology. These factors have contributed to the development of the Chemical Acquisition Software market in these regions.
In the industry, technical exchanges and cooperation between different suppliers, as well as mergers and acquisitions of small enterprises for small enterprises. Both contribute to the development of the industry. Technical exchanges and collaborations can help Hydrographic Acquisition Software improve quality and reverse the need for increased demand. And mergers and acquisitions can help further concentration of resources.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

HYPACK (Xylem) is one of the major players operating in the Hydrographic Acquisition Software market, holding a share of 27.69% in 2019.

Xylem Inc. has acquired Hypack Inc. a privatelyowned company specializing in hydrographic survey software used in ocean, coastal and surface water applications, for approximately $18 million. News of acquisition was shared in the company’s third quarter earnings announcement. Other terms of the transaction were not disclosed.

Located in Middletown, Conn., Hypack is a provider of hydrographic survey data acquisition, processing and visualization software. Used by government agencies, universities, and consultants, the products measure and map features in bodies of water in connection with maritime navigation, marine construction, dredging, offshore oil exploration, pipeline surveys, habitat assessments and search and recovery efforts. Hypack expects to generate revenue of approximately $8.5 million in 2015.

Teledyne Technologies Incorporated announced today that it has completed the acquisition of RESON. RESON, headquartered in Slangerup, Denmark, provides high-resolution marine acoustic imaging and measurement solutions. The acquired company will operate under the name Teledyne RESON. Terms of the transaction were not disclosed.

With more than 30 years of experience and approximately 1,400 RESON echosounders sold worldwide, RESON is a provider of multibeam sonar systems and specialty acoustic sensors for hydrography, global marine infrastructure and offshore energy operations. RESON’s multibeam sonar systems range from portable highresolution shallow water systems used on autonomous underwater vehicles (AUVs) to full ocean depth vessel mounted oceanographic systems.

Segmentation Overview:

Among different product types, Multibeam Acquisition Software segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Marine segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Hydrographic Acquisition Software market covered in Chapter 3:

Quality Positioning Services B.V.
Stema Systems
iXblue
Geomatrix Earth Science Ltd
Chesapeake Technology
CHC Navigation
EIVA
BeamworX BV
Teledyne RESON
HYPACK (Xylem)
Fugro

In Chapter 4 and Chapter 14.2, on the basis of types, the Hydrographic Acquisition Software market from 2018 to 2029 is primarily split into:

Single Beam Acquisition Software
Multibeam Acquisition Software

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydrographic Acquisition Software market from 2018 to 2029 covers:

Marine
Construction
Industrial
Power Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)