Underwater Acoustic Communication Market by Interface Platform, Communication Range, Application (Environmental Monitoring, Pollution Monitoring, Climate Recording, Hydrography, Oceanography), End User, and Geography - Global Forecast to 2023

The underwater acoustic communication market is expected to grow from USD 1.15 Billion in 2016 to USD 2.86 Billion by 2023, at a CAGR of 13.8% during the forecast period. The base year considered for the study is 2016, and the market size forecast is given for the period between 2017 and 2023.

Objective of the Study:

• Define, describe, segment, and forecast the underwater acoustic communication market, in terms of value, segmented on the basis of interface platform, communication range, application, and end users
• Define, describe, and forecast the global underwater acoustic communication market, in terms of volume
• Forecast the market size of various segments with respect to 4 main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• Provide detailed information regarding major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• Analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall  market
• Profile the key players and their core competencies2 and provide the details of the competitive landscape for market leaders
• Analyze competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, product developments, and research and development (R&D) activities in the underwater acoustic communication market

Research Methodology:

The research methodology used to estimate and forecast the underwater acoustic communication market begins with capturing data on key vendor revenues through secondary research such as Hoovers, Bloomberg Business, Factiva, and OneSource. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global underwater acoustic communication market from the revenues of the key market players. After arriving at the overall market size, the total market has been split into several segments and subsegments, and the market sizes of all these segments have then been verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary respondents has been depicted in the figure below.

To know about the assumptions considered for the study, download the pdf brochure

The major players in the underwater acoustic communication market are Teledyne Technologies (US), Kongsberg Gruppen (Norway), Thales Group (France), Ultra Electronics (UK), Sonardyne International (UK), Evologics (Germany), DSPComm (Australia), Mistral (US), Nortek (Norway), Aquatec Group (UK), Baltrobotics (Poland), Tritech International (UK), Gavial Holdings (US), Hydroacoustic (US), LinkQuest (US), AquaSent (US), Proserv (UK), Subnero (Singapore), RTSys (Caudan), G5 Scientific (US), JPAnalytics (US), Seagnal (France).

Key Target Audience

• Original equipment manufacturers (OEMs)
• OEM technology solution providers
• Research institutes
• Market research and consulting firms
• Forums, alliances, and associations
• Technology investors
• Governments and financial institutions
• Analysts and strategic business planners

Scope of the Report:

The research report segments the underwater acoustic communication market into the following submarkets:

By Interface Platform:

• Sensor Interface
• Acoustic Modem
• Others (Sonobuoys and Buoys)

By Communication Range:

• Shallow Water Range
• Medium Water Range
• Long Water Range
• Full Ocean Range

By Application:

• Environmental Monitoring
• Pollution Monitoring
• Climate Recording
• Hydrography
• Oceanography
• Others (Aquaculture, Fisheries, Diving, and Mine Reconnaissance)

By End User:

• Oil & Gas
• Military & Defense
• Homeland Security
• Scientific Research & Development
• Marine

By Geography:

• Americas
• Europe
• Asia Pacific
• RoW

Available Customizations:

• Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Analysis
           1.3.3 Years Considered for This Study
    1.4 Currency
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation Methodology
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Market Opportunities in Underwater Acoustic Communication Market
    4.2 Underwater Acoustic Communication Market, By Interface Platform
    4.3 Underwater Acoustic Communication Market, By Communication Range
    4.4 Underwater Acoustic Communication Market, By Application
    4.5 Underwater Acoustic Communication Market in North America, By Application and Countries
    4.6 Underwater Acoustic Communication Market, By Geography

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Adoption of Underwater Acoustic Modems in Naval Defense
                    5.2.1.2 Growing Importance of Reliable and Secured Communication in Defense and Homeland Security End User
           5.2.2 Restraints
                    5.2.2.1 Limited Speed of Data Transmission and Delayed Delivery Rates Due to the Relatively Slow Speed of Sound in Water
           5.2.3 Opportunities
                    5.2.3.1 Growing Demand for Environmental Protection
           5.2.4 Challenges
                    5.2.4.1 Availability of Limited Usable Frequency Band

6 Underwater Acoustic Communication Market, By Interface Platform (Page No. - 37)
    6.1 Introduction
    6.2 Sensor Interface
    6.3 Acoustic Modem
           6.3.1 Hardware
           6.3.2 Software
    6.4 Others

7 Underwater Acoustic Communication Market, By Communication Range (Page No. - 43)
    7.1 Introduction
    7.2 Shallow Water Range
    7.3 Medium Water Range
    7.4 Long Water Range
    7.5 Full Ocean Range

8 Underwater Acoustic Communication Market, By Application (Page No. - 49)
    8.1 Introduction
    8.2 Environmental Monitoring
    8.3 Pollution Monitoring
    8.4 Climate Monitoring
    8.5 Hydrography
    8.6 Oceanography
    8.7 Others

9 Underwater Acoustic Communication Market, By End User (Page No. - 60)
    9.1 Introduction
    9.2 Oil & Gas
    9.3 Military & Defense
    9.4 Homeland Security
    9.5 Scientific Research & Development
    9.6 Marine

10 Geographic Analysis (Page No. - 81)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 UK
             10.3.3 France
             10.3.4 Italy
             10.3.5 Spain
             10.3.6 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Rest of Asia Pacific
     10.5 Rest of the World
             10.5.1 Middle East & Africa
             10.5.2 South America

11 Competitive Landscape (Page No. - 92)
     11.1 Overview
     11.2 Ranking of Players, 2016
     11.3 Competitive Scenario
             11.3.1 Product Launches
             11.3.2 Partnerships, Contracts, Agreements, and Collaborations

12 Company Profiles (Page No. - 96)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     12.1 Teledyne Technologies
     12.2 Kongsberg Gruppen
     12.3 Thales Group
     12.4 Ultra Electronics
     12.5 Sonardyne International
     12.6 Evologics
     12.7 Dspcomm
     12.8 Mistral
     12.9 Nortek
     12.10 Aquatec Group
     12.11 Baltrobotics
     12.12 Tritech International
     12.13 Gavial Holdings
     12.14 Hydroacoustic
     12.15 Linkquest
     12.16 Aquatic Sensor Network Technology
     12.17 Proserv
     12.18 Startup Ecosystem
             12.18.1 Subnero
             12.18.2 Rtsys
             12.18.3 G5 Scientific
             12.18.4 Jpanalytics
             12.18.5 Seagnal

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 130)
     13.1 Insights From Industry Experts
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customization
     13.6 Related Reports
     13.7 Author Details

List of Tables (61 Tables)

Table 1 Underwater Acoustic Communication Market, By Interface Platform, 2015–2023 (USD Million)
Table 2 Underwater Acoustic Communication Market, By Interface Platform, 2015–2023 (Thousand Units)
Table 3 Underwater Acoustic Communication Market for Sensor Interface, By Communication Range, 2015–2023 (USD Million)
Table 4 Underwater Acoustic Communication Market for Acoustic Modem, By Communication Range, 2015–2023 (USD Million)
Table 5 Underwater Acoustic Communication Market for Acoustic Modem, By Offering, 2015–2023 (USD Million)
Table 6 Underwater Acoustic Communication Market for Others, By Communication Range, 2015–2023 (USD Million)
Table 7 Underwater Acoustic Communication Market, By Communication Range, 2015–2023 (USD Million)
Table 8 Underwater Acoustic Communication Market for Shallow Water Range, By Application, 2015–2023 (USD Million)
Table 9 Underwater Acoustic Communication Market for Medium Water Range, By Application, 2015–2023 (USD Million)
Table 10 Underwater Acoustic Communication Market for Long Water Range, By Application, 2015–2023 (USD Million)
Table 11 Underwater Acoustic Communication Market for Full Ocean Range, By Application, 2015–2023 (USD Million)
Table 12 Underwater Acoustic Communication Market, By Application, 2015–2023 (USD Million)
Table 13 Underwater Acoustic Communication Market for Environmental Monitoring, By End User, 2015–2023 (USD Million)
Table 14 Underwater Acoustic Communication Market for Environmental Monitoring, By Region, 2015–2023 (USD Million)
Table 15 Underwater Acoustic Communication Market for Pollution Monitoring, By End User, 2015–2023 (USD Million)
Table 16 Underwater Acoustic Communication Market for Pollution Monitoring, By Region, 2015–2023 (USD Million)
Table 17 Underwater Acoustic Communication Market for Climate Monitoring, By End User, 2015–2023 (USD Million)
Table 18 Underwater Acoustic Communication Market for Climate Monitoring, By Region, 2015–2023 (USD Million)
Table 19 Underwater Acoustic Communication Market for Hydrography, By End User, 2015–2023 (USD Million)
Table 20 Underwater Acoustic Communication Market for Hydrography, By Region, 2015–2023 (USD Million)
Table 21 Underwater Acoustic Communication Market for Oceanography, By End User, 2015–2023 (USD Million)
Table 22 Underwater Acoustic Communication Market for Oceanography, By Region, 2015–2023 (USD Million)
Table 23 Underwater Acoustic Communication Market for Others, By End User, 2015–2023 (USD Million)
Table 24 Underwater Acoustic Communication Market for Others, By Region, 2015–2023 (USD Million)
Table 25 Underwater Acoustic Communication Market, By End User, 2015–2023 (USD Million)
Table 26 Underwater Acoustic Communication Market for Oil & Gas, By Application, 2015–2023 (USD Million)
Table 27 Underwater Acoustic Communication Market for Oil & Gas, By Region, 2015–2023 (USD Million)
Table 28 Underwater Acoustic Communication Market for Oil & Gas in North America, By Country, 2015–2023 (USD Million)
Table 29 Underwater Acoustic Communication Market for Oil & Gas in Europe, By Country, 2015–2023 (USD Million)
Table 30 Underwater Acoustic Communication Market for Oil & Gas in APAC, By Country, 2015–2023 (USD Million)
Table 31 Underwater Acoustic Communication Market for Oil & Gas in Rest of the World, By Region, 2015–2023 (USD Million)
Table 32 Underwater Acoustic Communication Market for Military & Defense, By Application, 2015–2023 (USD Million)
Table 33 Underwater Acoustic Communication Market for Military & Defence, By Region, 2015–2023 (USD Million)
Table 34 Underwater Acoustic Communication Market for Military & Defense in North America, By Country, 2015–2023 (USD Million)
Table 35 Underwater Acoustic Communication Market for Military & Defense in Europe, By Country, 2015–2023 (USD Million)
Table 36 Underwater Acoustic Communication Market for Military & Defense in APAC, By Country, 2015–2023 (USD Million)
Table 37 Underwater Acoustic Communication Market for Military & Defense in Rest of the World, By Region, 2015–2023 (USD Million)
Table 38 Underwater Acoustic Communication Market for Homeland Security, By Application, 2015–2023 (USD Million)
Table 39 Underwater Acoustic Communication Market for Homeland Security, By Region, 2015–2023 (USD Million)
Table 40 Underwater Acoustic Communication Market for Homeland Security in North America, By Country, 2015–2023 (USD Million)
Table 41 Underwater Acoustic Communication Market for Homeland Security in Europe, By Country, 2015–2023 (USD Million)
Table 42 Underwater Acoustic Communication Market for Homeland Security in APAC, By Country, 2015–2023 (USD Million)
Table 43 Underwater Acoustic Communication Market for Homeland Security in Rest of the World, By Region, 2015–2023 (USD Million)
Table 44 Underwater Acoustic Communication Market for Scientific Research & Development, By Application, 2015–2023 (USD Million)
Table 45 Underwater Acoustic Communication Market for Scientific Research & Development, By Region, 2015–2023 (USD Million)
Table 46 Underwater Acoustic Communication Market for Scientific Research & Development in North America, By Country, 2015–2023 (USD Million)
Table 47 Underwater Acoustic Communication Market for Scientific Research & Development in Europe, By Country, 2015–2023 (USD Million)
Table 48 Underwater Acoustic Communication Market for Scientific Research & Development in APAC, By Country, 2015–2023 (USD Million)
Table 49 Underwater Acoustic Communication Market for Scientific Research & Development in Rest of the World, By Region, 2015–2023 (USD Million)
Table 50 Underwater Acoustic Communication Market for Marine, By Application, 2015–2023 (USD Million)
Table 51 Underwater Acoustic Communication Market for Marine, By Region, 2015–2023 (USD Million)
Table 52 Underwater Acoustic Communication Market for Marine in North America, By Country, 2015–2023 (USD Million)
Table 53 Underwater Acoustic Communication Market for Marine in Europe, By Country, 2015–2023 (USD Million)
Table 54 Underwater Acoustic Communication Market for Marine in APAC, By Country, 2015–2023 (USD Million)
Table 55 Underwater Acoustic Communication Market for Marine in Rest of the World, By Region, 2015–2023 (USD Million)
Table 56 Underwater Acoustic Communication Market, By Region, 2015–2023 (USD Million)
Table 57 Underwater Acoustic Communication Market in North America, By Country, 2015–2023 (USD Million)
Table 58 Underwater Acoustic Communication Market in Europe, By Country, 2015–2023 (USD Million)
Table 59 Underwater Acoustic Communication Market in APAC, By Country, 2015–2023 (USD Million)
Table 60 Underwater Acoustic Communication Market in RoW, By Region, 2015–2023 (USD Million)
Table 61 Ranking Analysis of Top 5 Companies in Underwater Acoustic Communication Market, 2016

List of Figures (37 Figures)

Figure 1 Underwater Acoustic Communication Market
Figure 2 Research Design
Figure 3 Process Flow of Market Size Estimation
Figure 4 Data Triangulation
Figure 5 Underwater Acoustic Communication Market, By Interface Platform, 2017 vs 2023
Figure 6 Underwater Acoustic Communication Market, By Communication Range, 2017 vs 2023
Figure 7 Underwater Acoustic Communication Market, By Application, 2017–2023 (USD Million)
Figure 8 Underwater Acoustic Communication Market, By End User, 2017–2023 (USD Million)
Figure 9 Underwater Acoustic Communication Market, By Region, 2017
Figure 10 Oil & Gas and Naval Defense End Users Drive the Growth of Underwater Acoustic Communication Market Between 2017 and 2023
Figure 11 Acoustic Modem Expected to Dominate Underwater Acoustic Communication Market Between 2017 and 2023
Figure 12 Medium Water Range Expected to Dominate Underwater Acoustic Communication Market Between 2017 and 2023
Figure 13 Environmental Monitoring Expected to Lead Underwater Acoustic Communication Market Between 2017 and 2023
Figure 14 Environmental Monitoring Held Largest Share of Underwater Acoustic Communication Market Based on Applications in North America in 2017
Figure 15 US & India Expected to Register Highest CAGR in Underwater Acoustic Communication Market Between 2017 and 2023
Figure 16 Drivers, Restraints, Opportunities, and Challenges in Underwater Acoustic Communication Market
Figure 17 Acoustic Modem Expected to Grow at Highest CAGR in Underwater Acoustic Communication Market Between 2017 and 2023
Figure 18 Medium Water Range Expected to Register Highest CAGR in Underwater Acoustic Communication Between 2017 and 2023
Figure 19 Hydrography Expected to Hold Largest Share of Underwater Acoustic Communication Market for Long Water Range Between 2017 and 2023
Figure 20 Environmental Monitoring Expected to Register Highest CAGR for Underwater Acoustic Communication Market Between 2017 and 2023
Figure 21 Scientific Research & Development Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Pollution Monitoring Between 2017 and 2023
Figure 22 Scientific Research & Development Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Oceanography Between 2017 and 2023
Figure 23 Oil & Gas Expected to Register Highest CAGR in Underwater Acoustic Communication Market for End User Between 2017 and 2023
Figure 24 India Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Oil & Gas in APAC Between 2017 and 2023
Figure 25 North America Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Military & Defense Between 2017 and 2023
Figure 26 North America Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Homeland Security Between 2017 and 2023
Figure 27 North America Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Homeland Security Between 2017 and 2023
Figure 28 Pollution Monitoring Expected to Register Highest CAGR in Underwater Acoustic Communication Market for Marine Between 2017 and 2023
Figure 29 US Expected to Register Highest CAGR in Underwater Acoustic Communication Market Between 2017 and 2023
Figure 30 North America: Underwater Acoustic Communication Market Snapshot
Figure 31 Europe: Underwater Acoustic Communication Market Snapshot
Figure 32 APAC: Underwater Acoustic Communication Market Snapshot
Figure 33 Top Companies Adopted Partnerships, Agreements, Contracts, & Collaboration as Key Growth Strategies Between 2015 and 2017
Figure 34 Teledyne Technologies: Company Snapshot
Figure 35 Kongsberg Gruppen: Company Snapshot
Figure 36 Thales Group: Company Snapshot
Figure 37 Ultra Electronics: Company Snapshot

According to the new research report on the underwater acoustic communication market, the market is estimated to grow from USD 1.31 Billion in 2017 to USD 2.86 Billion by 2023, at a CAGR of 13.8% between 2017 and 2023. The growing importance of reliable underwater security measures all over the world and increasing offshore oil & gas production are the key factors driving the growth of the underwater acoustic communication market.

This report segments the underwater acoustic communication market on the basis of interface platform, communication range, application, end user, and geography. Based on interface platform, the market has been divided into sensor interface, acoustic modem, others. The larger market size of the acoustic modem can be attributed to the increasing adoption of underwater acoustic modems in naval defense to support the communication system drives the growth of the market for acoustic modems.

The market, based on communication range, has been segmented into shallow water range, medium water range, long water range, and full ocean range. The market for a medium-range shallow water communication system is expected to be the fastest-growing. Major industries such as oil & gas and military & defense are exploring the possibilities of using medium- and long-range underwater acoustic communication systems.

Based on application, environmental monitoring accounted for the largest share of the underwater acoustic communication market in 2017. Environmental monitoring is useful in supervising potential effects of the terrestrial and nearshore environment on onshore construction activities. The oil & gas industry is expected to largely drive the growth of the underwater acoustic communication market for the environmental monitoring application.

The scientific research and development segment accounted for the largest share of the underwater acoustic communication market in 2017. Researchers and scientists are continuously taking massive efforts to explore the underwater world fully. On the other hand, the oil & gas industry is expected to grow at the highest CAGR during 2017 and 2023. Leading oil companies are expected to increase their capital expenditure for exploration and resume drilling in deep water in a bid to build hydrocarbon-based assets.

North America held the largest share of the underwater acoustic communication market in 2017 and is expected to grow at the highest CAGR during the forecasted period. Owing to the growing security concerns in the US and Canada, these countries are using unmanned underwater vehicles (UUVs) for various defense operations such as anti-submarine warfare, security, and surveillance.

The limited speed of data transmission and delayed delivery rates due to the relatively slow speed of sound in water is expected to limit the growth of this market.

This report provides valuable insights into the ecosystem of underwater acoustic communication systems. Teledyne Technologies (US), Kongsberg Gruppen (Norway), Thales Group (France), Ultra Electronics (UK), Sonardyne International (UK), Evologics (Germany), DSPComm (Australia), Mistral (US), Nortek (Norway), Aquatec Group (UK), Baltrobotics (Poland), Tritech International (UK), Gavial Holdings (US), Hydroacoustic (US), LinkQuest (US), AquaSent (US), Proserv (UK), Subnero (Singapore), RTSys (Caudan), G5 Scientific (US), JPAnalytics (US), Seagnal (France) are the major players in the underwater acoustic communication market.

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