Underwater Communication System Market: Adoption by Navel Defense to influence the market growth

Underwater Communication System Market was valued at USD 3.2 Bn. in 2022 and is expected to reach USD 8.9 Bn. by 2029, at a CAGR of 10.4% over the forecast period (2023-2029).
Global Underwater Communication System Market Overview:
Underwater communication System is a technique of transmitting and receiving messages under water. The research is primarily focused on the use of optical signals, electromagnetic signals and the propagation of acoustic and ultrasonic signals. Hydrophones are used for underwater communication. There are various modulation techniques used for underwater communication, including FSK, PSK, FHSS, DSSS, PPM, MFSK, and FPPM.To know about the Research Methodology :- Request Free Sample Report

Underwater Communication System Market Scope and Research Methodology

The objective of the report is to present a comprehensive analysis of the Underwater Communication System Market. The Underwater Communication System Market is segmented by Component, Application, Connectivity, and End user. The report on Underwater Communication System market is an investor guide that provides a comprehensive analysis of the competitive benchmarking of major market players in the Underwater Communication System Market by services, revenue, financial status, portfolio, growth strategies, and geographical presence.

Data for the Underwater Communication System Market report is collected by both primary and secondary research methods. Bottom-Up approach was used to estimate the Underwater Communication System Market size.

The report includes detailed analysis of the Underwater Communication System Market by country, regional and global presence. The report is equipped with a competitive analysis of the Underwater Communication System Market players. SWOT, PESTLE and Porter’s Five Force analysis were used to analyse the strengths, weaknesses, and economic conditions of the Underwater Communication System market.
Underwater Communication System Market Dynamics:
Integration of Underwater Communication Systems within Naval Defense Application to influence the market growth

Underwater Communication is mostly used for communication, navigation, and monitoring underwater conditions by transmitting data through water.The Underwater acoustic modems are having wide applications in the naval defence sector for the collection of data and for monitoring marine applications. Underwater Communication Systems are reliable and have a large capacity for underwater communication. Data is send wirelessly to the sea or other marine environments using underwater acoustic modem. The navy can communicate and navigate underwater with the help of system. The use of Underwater Communication system in naval defense is expected to boost market growth.

Technological advancement in the communication system to boost the Underwater Communication Systems Market growth

Technological advancements throughout industries are accelerated. Various technological advancements have been made across underwater communication system with increased reliability, speed, and accuracy. Large amount of underwater data and incorporating new methods, advances in underwater audio communication technology are being made and are factors influencing the Underwater Communication Systems Market growth.

Demand for autonomous underwater vehicles is expected to boost the Underwater Communication Systems Market growth

Autonomous underwater vehicles are very important for military, navy, and coastal security forces, especially for subsea operations. The navy uses these vehicles for applications such as mine countermeasures (MCM), intelligence, surveillance & reconnaissance, identification (ID) and anti-submarine warfare (ASW).

Benefits of underwater communication systems are:

 Economy: Underwater communication systems are used for business applications, majorly in oil and gas industry. The ocean is rich with resources, where this systems are used to explore these resources. AUVs are employed in the oil and gas business, to map the seabed before operations. This helps oil and gas industry professionals updated as they built pipeline and other infrastructure.

 Scientific Exploration and Data Collecting: The system is highly valuable to research as it is utilized for underwater exploration and data collection. Marine biology, archaeology, and oceanology is studied with the help of communication system.

 Environmental Monitoring: Underwater communication system helps for weather forecasting and environmental monitoring. Oil and gas sector activities are monitored in terms of how they affect the environment.

Underwater Communication System market restraining factor:

High cost of the system is expected to restrain the Underwater Communication System Market growth. Limited data transmission speed & delayed delivery rates may hinder the market growth. Slow speed of data transmission due to low bandwidth the technology is major barrier for the use of underwater communication system. As compared to radio communication underwater communication system is relatively slow.

Underwater communication system Market growth opportunities:

Use of Communication systems in offshore oil and gas applications and development of new technologies for underwater communication presents lucrative opportunities for the growth of the market.

Technological advancement for autonomous underwater vehicles

Increased underwater research operations for protection of environment
Challenging factor for the market growth:

Limited availability of usable frequency band
Underwater communication system Market Regional Insights
North America region to dominate the underwater communication System market over the forecast period

Increase in security activities such as anti-submarine warfare, marine security, surveillance, unmanned underwater vehicles, and submarine increases security concerns in the region. Use of Underwater Communication System in defense and commercial sectors is expected to influence the North America market growth.

European region is expected to grow at a significant growth rate over the forecast period. Aquaculture is one of important food industry sectors, contributing significantly to food security in Europe. There are technological and regulatory obstacles to expand aquaculture sector that Europe is attempting to overcome by promoting innovation and digitization.

Increasing focus of companies on medium-range shallow water communication for scientific Research & Development activities and oil & gas exploration, create a new market for these systems in Asia Pacific region.

Recent Developments:

August 2022: KONGSBERG Marine has launched Eco Advisor, which monitors the vessel operations and its environment, including power generation. EcoAdivisor enables operators to reduce fuel, and maintenance cost without compromising vessel redundancy.

27 July 2022: Thales Defense & Security, Inc. (TDSI) acquired full ownership of Advanced Acoustic Concepts (AAC), a joint venture with Leonardo DRS. TDSI serves the defense, federal, and commercial markets as a US provider of mission-critical systems, and security domain. AAC is one of the main US technical players in the fields of advanced sonar.
Competitive Analysis:
Thales:

Thales is a leader in cyber security and data protection. They invest USD 1.08 Bn a year in self-funded Research & Development and their employees are directly involved in research and technology.

Teledyne marine:

Teledyne Marine is a group of leading-edge subsea technology companies, which is a part of Teledyne Technologies Incorporated. Teledyne's Marine Innovation Group is focusing on advancing marine technology through collaboration between Teledyne technology centers and industry partners.

Opportunities for partnership include:

1. Technology Licensing
2. OEM Product Brainstorming
3. Co-Branded Solutions
4. Government Program Support
5. Customer Vision Realization

L3Harris Technologies, Inc :

The L3Harris provides manned airborne electro-optical/infra-red (EO/IR) systems for the Indian Armed Forces and internal security organisations. L3Harris radios are used by Indian Armed Forces, as their standard means of communications. Traveling Wave Tube Amplifiers (TWTA) designed by L3Harris helps in the growth of Indian Space Research Organization (ISRO). Solutions provides by L3Harris

Technologies for India are:

1. Air Traffic Management
2. Defense
3. Maritime
4. Pilot Training
5. Space
4. Weather and Environmental Sensing
 Market Segment Analysis:
Based on Component, Hardware segment to dominate the market over the forecast period
Underwater communication hardware components include LCDs, capacitors, resistors, cables, connectors, and many more. These devices are used to transmit messages over water and these electronics components are assembles on circuit board. Components all over the world are manufactured, and provide maintenance for underwater tools and equipment.

Based on Application, environmental monitoring segment is expected to hold the largest market share over the forecast period

Underwater communication systems assist the government in keeping track of the environment. It is possible to track oil and gas industry functions in terms of their environmental impact.
Based on the End-user, military and defense segment to hold the largest market share in terms of revenue over the forecast period

The military makes use of underwater communication system for underwater surveillance and invasion detection. Deployment of communication system within the body of water alert the country to the hazard because adversarial states may plan sabotage via the water.

Based on Connectivity, wireless segment is expected to dominate the market over the forecast period
Data is transmitted through water in wireless transmission form. Underwater wireless communication is essential for scientific data collection, underwater exploration, and environmental monitoring.
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Underwater communication system Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 3.2 Bn.


Forecast Period 2023 to 2029 CAGR:
10.4%
Market Size in 2029:
US $ 8.9 Bn.


 Segments Covered:
by Component
1. Hardware
2. Software
3. Services


by Connectivity
1.  Hardwired
2. Wireless


by Application
1.Climate Monitoring
2. Environmental Monitoring
3. Hydrography
4. Oceanography
5.Pollution Monitoring
6. Others


by End User
1. Marine
2. Military & Defense
3. Oil & Gas
4.Scientific Research & Development
5. Others



Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Market Key players Include:
1. Saab AB
2. Thales
3. Teledyne Marine
4. Kongsberg
5. L3Harris Technologies, Inc.
6. EvoLogics GmbH
7. Sonardyne international ltd
8. Ultra Electronics Holdings plc
9. Sea and land technologies pte ltd
10. Kongsberg,
11. DSPComm
12. Hydromea, Markey Machinery
13. Desert Star Systems LLC
14. Ceebus Technologies
15. Ultra Electronics Maritime Systems
16. DIVELINK Underwater Communications Ltd.
17. RJE International, Inc.

Frequently Asked Questions:

1] What is the growth rate of the Global  Market?
Ans. The Global Underwater communication system Market is growing at a significant rate of 10.4% over the forecast period.

2] Which region is expected to dominate the Global Market?
Ans. North America region is expected to dominate the Underwater communication system Market over the forecast period.

3] What is the Global Market size by 2029?
Ans. The market size of the Underwater communication system Market is expected to reach USD 8.9 Bn by 2029.

4] Which are the top players of the Global  Market?
Ans. The major key players of the Global Underwater communication system Market are Saab AB, Thales, Teledyne Marine, Kongsberg, L3Harris Technologies, Inc., EvoLogics GmbH, Sonardyne international ltd.

5] What factors are expected to drive Global  growth by 2029?
Ans. Naval Defense Application is expected to drive the Underwater communication system Market growth over the forecast period (2023-2029).