Asia Pacific Oceanographic Monitoring System Market Forecast to 2030 - Regional Analysis - by Type (Sensors, Underwater Communication System, and Buoys Observation Monitoring System) and Application (Onshore and Offshore)

Asia Pacific Oceanographic Monitoring System Market Forecast to 2030 - Regional Analysis - by Type (Sensors, Underwater Communication System, and Buoys Observation Monitoring System) and Application (Onshore and Offshore)

The Asia Pacific oceanographic monitoring system market was valued at US$ 321.21 million in 2022 and is expected to reach US$ 507.96 million by 2030; it is estimated to record a CAGR of 5.9% from 2022 to 2030.

Growing Demand for Environmental Monitoring Fuels Asia Pacific Oceanographic Monitoring System Market

Oceanographic monitoring systems play an important part in environmental monitoring as they provide critical data on numerous aspects of the ocean's health. Ocean buoys, gliders, and profiling floats continuously monitor temperature and salinity at different depths. This data is used to detect ocean currents, comprehend global climate trends, and monitor the effects of climate change on the ocean's physical features. Also, monitoring sea level rise using tide gauges and satellite altimetry is critical for understanding the effects of melting glaciers and ocean thermal expansion. This information is vital for coastal towns facing a rise in sea levels, which leads to associated disasters such as floods and erosion. Moreover, there is a growing focus on comprehending and reducing the environmental impact of human activity in the ocean. investigate the effects of climate change and evaluate and monitor the health of marine environments. Thus, the growing demand for environmental monitoring is expected to create opportunities for the growth of the oceanographic monitoring system market during the forecast period.

Asia Pacific Oceanographic Monitoring System Market Overview

The Asia Pacific oceanographic monitoring system market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. These countries have established several stations that collect data on oceanographic phenomena. For example, the Australian National Moorings Network (ANMN) consists of a number of National Reference Stations and regional mooring arrays. These oceanographic moorings collect data on currents, temperature, salinity, and other water quality characteristics at various depths. Australia Institute of Marine Science (AIMS) manages moorings on the Great Barrier Reef and across northern Australia. Further, AIMS manages and maintains two of Australia's seven National Reference Stations. The Q-IMOS Great Barrier Reef National Reference Station, situated near the wreck of the SS Yongala, and the IMOS Darwin National Reference Station collect long-term baseline data on ocean conditions that include currents, waves, weather, temperature, salinity, plankton, and water quality/biogeochemistry.

Moreover, India is developing and deploying various equipment to measure water pressure to detect tsunami waves. For example, in May 2023, Sonardyne updated a network of deep-water acoustic sensors that offers India's coastal communities an early warning of tsunami waves. The sensors are deployed at significant locations in the Arabian Sea and the Bay of Bengal; the network of Sonardyne's Bottom Pressure Recorders (BPRs) is maintained and operated by India's National Institute of Ocean Technology (NIOT) as part of the country's Tsunami Early Warning System (TEWS). The BPRs detect the distinctive changes in water pressure (as minute as 1cm in 4,000m depth) affected by an earthquake in the deep ocean. Thus, the rising development of such sensors creates demand for oceanographic monitoring systems.

Asia Pacific Oceanographic Monitoring System Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Oceanographic Monitoring System Market Segmentation

The Asia Pacific oceanographic monitoring system market is categorized into type, application, and country.

Based on type, the Asia Pacific oceanographic monitoring system market is categorized into sensors, underwater communication system, and buoys observation monitoring systems. The sensors segment held the largest market share in 2022.

In terms of application, the Asia Pacific oceanographic monitoring system market is bifurcated into onshore and offshore. The onshore segment held a larger market share in 2022.

By country, the Asia Pacific oceanographic monitoring system market is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific oceanographic monitoring system market share in 2022.

GOST Global, Hitachi Zosen Corporation, Sonardyne, Xylem, Trelleborg Marine and Infrastructure, Sercel, MOBILIS, and Smart Buoy Co are some of the leading companies operating in the Asia Pacific oceanographic monitoring system market.

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