The underwater acoustic communication market is anticipated to flourish at a healthy CAGR of 10.5% between 2023 and 2033. The market is expected to hold a market share of US$ 7.6 billion by 2033, while the market is likely to reach a value of US$ 2.8 billion in 2023.
The long range of applications, effective navy planning, and scientific exploration projects greatly garner market growth. Furthermore, the seismic monitoring operations adopt the new high-speed underwater acoustic communication channels for enhanced transmission and performance. The increasing applications and challenges in acoustic communication technologies are pushing vendors to extend their research and development facilities.
The security applications involve underwater surveillance along with marines roaming underwater to ensure safety. The UAVs and underwater rovers for scientific exploration also use effective acoustic communication channels to communicate, send signals, and share information. Governments around the world focusing on underwater mining for ore exploration and species discoveries are expected to flourish the market growth during the forecast period.
Another factor garnering the market's upward momentum is through it enriching the economy. The ocean, with unlimited resources, offers oil & gasses. Hence, private and public companies explore the seafloor before operations to ensure the presence of any ore or any other help. Furthermore, data collection and scientific exploration are promoted through various wings of research studies. These fields involve marine biology, marine archeology, and oceanology. Underwater research also leads climate researchers to find elements that help the health and medical industry with modern inventions. These elements do detect different levels of pollution through pollution monitoring. Lastly, the search and rescue operations apply these underwater acoustic communication networks at the time of any calamity.
The effective underwater channels also help in avoiding the huge cost of wired network deployment and conducting experiments over extensive distances. Higher trust and integrity in data transmission are ensured as the chances of hackers and suspects accessing underwater communication technology are low. Alongside this, the secure PHY and MAC layers are also helpful for adapting routing. The highly secretive and confidential data is stored underwater in special chambers. These operations require effective and secure communication channels.
| Attributes | Details |
|---|---|
| Underwater Acoustic Communication Market CAGR (2023 to 2033) | 10.5% |
| Underwater Acoustic Communication Market Size (2023) | US$ 2.8 billion |
| Underwater Acoustic Communication Market Size (2033) | US$ 7.6 billion |
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The global demand for underwater acoustic communication recorded a CAGR of 12.5% from 2018 to 2022. The higher research and fixed forecast period helped the market to shape during this period. The companies extending their ocean exploration programs are also helping the market expand their boundaries. Deep ocean exploration enthusiasts are also gearing up for the projects and increasing the sales of underwater acoustic communication tools.
The new period between 2023 and 2033 is likely to witness a CAGR of 10.5%. The growth is expected to be attributed to robots exploring deep-sea exploration. Other than this, the increased scientific information, technological innovation, extraction, and medical advances are anticipated to proliferate deep-sea exploration projects.
For example, United States NOAA provides ocean exploration as a career option and hence provides a maritime heritage career of exploring history underwater.
Growing Popularity of Underwater Exploration, Government Searching for Oil & Gas and Other Resources, Defense and Pollution Monitoring Trends in the Market
New government-backed ocean exploration missions, including deep-sea discoveries and private tours, are increasing the adoption of underwater acoustic communication channels. Furthermore, the increased budget of personal authorities to stay underwater and get something new out of the sea is projected to fuel market growth. The travel and tourism ministries of countries with wide coastlines also promote underwater exploration as a travel element. These trends are expected to garner market growth during the anticipation period.
Principal Consultant
| Country | United States |
|---|---|
| CAGR % Between 2023 and 2033 | 9.3% |
| Expected Value (2033) | US$ 2.4 billion |
| Country | United Kingdom |
|---|---|
| CAGR % Between 2023 and 2033 | 9.7% |
| Expected Value (2033) | US$ 352.9 million |
| Country | China |
|---|---|
| CAGR % Between 2023 and 2033 | 11.5% |
| Expected Value (2033) | US$ 650.6 million |
| Country | Japan |
|---|---|
| CAGR % Between 2023 and 2033 | 9.9% |
| Expected Value (2033) | US$ 549.7 million |
| Country | South Korea |
|---|---|
| CAGR % Between 2023 and 2033 | 10.9% |
| Expected Value (2033) | US$ 306.6 million |
Wide Coastline, Advanced Ocean-based Research and Development Projects, and Underwater Tourism is Guiding the Regional Market in the Future of Ocean Exploration
The United States underwater acoustic communication market is expected to record a CAGR of 9.3% between 2023 and 2033, as per the FMI’s recent analysis. This is attributable to the rapid expansion of private companies doing marine mining, travel brands introducing ocean exploration, and deep-sea exploration programs. Government authorities like National Oceanic and Atmospheric Administration (NOAA) have introduced the Maritime Heritage Career option along with the summer expeditions and advanced capturing and audio recording technology.
The increased per capita income and zeal for exploring new waters are pushing vendors to make communication measures easy and fast. Hence, the brands are introducing wireless data-collecting, information-sharing technology. The regional market is anticipated to surpass US$ 2.4 billion by 2033.
According to Future Market Insights, China’s underwater acoustic communication market is expected to expand at a CAGR of 11.5% through 2033. Demand in the country is driven by its defense-based surveillance programs, as it shares a coastline with the South China Sea. The strategic importance of the sea is so much from the point of its security. Hence, the deployment of AUVs and ROVs has increased and is likely to be so during the forecast period. Furthermore, the scientific exploration funded by the Chinese government is also helping the market shape its way in the region. The market is expected to reach US$ 650.6 million by 2033.
Next-generation Technology for Ocean Resources Exploration Flourishes the Regional Growth.
The Japanese high-end research and development around ocean activities are pushing the authorities to develop new technology. Unmanned robots, deep sea exploration vehicles, etc., are garnering the industry. Japan Agency for Marine-Earth Science and Technology is also growing faster and more efficient communication technology for underwater operations.
Based on these facts, the Japanese underwater acoustic communication market is expected to expand at 9.9% CAGR with an expected value to reach US$ 549.7 million by 2033.
| Category | By Application Type |
|---|---|
| Leading Segment | Environmental Monitoring |
| CAGR | 10.4% |
| Category | By End Use |
|---|---|
| Leading Segment | Scientific Research and Development |
| CAGR | 10.3% |
Climate Forecast, Climate Change, and Pollution Monitoring are Propelling the Segmental Growth
As per FMI, environmental monitoring leads the market with a CAGR of 10.4% between 2023 and 2033. The growth is attributed to the researcher wanting to understand the pollution levels inside the ocean while predicting its effect on people living around. Furthermore, the features like advanced sensors, effective acoustic communication, and advanced imaging and video technology are making the segment useful for climate forecast as well. The segment thrived at an escalated CAGR of 12.2 between 2018 and 2022.
The Underwater Acoustic Communication System Sales Remain Concentrated in Scientific Research & Development
Based on the end-use industry, the scientific research and development segment is expected to continue to dominate the global underwater acoustic communication market during the forecast period. As per FMI, in 2023, the segment is anticipated to thrive at a CAGR of 10.3% during the forecast period. The segment's expansion is likely attributed to companies looking for new metals and elements. Furthermore, government-based research operations and deep-sea exploration consume a massive market. The segment thrived at a CAGR of 11.9% during the previous forecast period.
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The key vendor companies are focusing on an effective wireless communication channel with higher battery life. The increased transmission and longer range are expected through the companies offering these acoustic communication systems.
Recent Developments :
Key Players
The market is valued at US$ 2.8 billion in 2023.
Teledyne Technologies, and Thales Group, are key market players.
The market shall reach US$ 7.6 billion in 2033.
The market is forecast to register a CAGR of 10.5% through 2033.
From 2018 to 2022, the market registered a CAGR of 12.5%.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Interface Platform 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Interface Platform, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Interface Platform, 2023 to 2033 5.3.1. Sensor Interface 5.3.2. Acoustic Modem 5.3.3. Others 5.4. Y-o-Y Growth Trend Analysis By Interface Platform, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Interface Platform, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033 6.3.1. Environmental Monitoring 6.3.2. Pollution Monitoring 6.3.3. Climate Recording 6.3.4. Hydrography 6.3.5. Oceanography 6.3.6. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By End User, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2023 to 2033 7.3.1. Oil & Gas 7.3.2. Military & Defense 7.3.3. Scientific Research & Development 7.3.4. Marine 7.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Interface Platform 9.2.3. By Application 9.2.4. By End User 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Interface Platform 9.3.3. By Application 9.3.4. By End User 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Interface Platform 10.2.3. By Application 10.2.4. By End User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Interface Platform 10.3.3. By Application 10.3.4. By End User 10.4. Key Takeaways 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Interface Platform 11.2.3. By Application 11.2.4. By End User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Interface Platform 11.3.3. By Application 11.3.4. By End User 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Interface Platform 12.2.3. By Application 12.2.4. By End User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Interface Platform 12.3.3. By Application 12.3.4. By End User 12.4. Key Takeaways 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Interface Platform 13.2.3. By Application 13.2.4. By End User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Interface Platform 13.3.3. By Application 13.3.4. By End User 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2022 14.1.2.1. By Interface Platform 14.1.2.2. By Application 14.1.2.3. By End User 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2022 14.2.2.1. By Interface Platform 14.2.2.2. By Application 14.2.2.3. By End User 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2022 14.3.2.1. By Interface Platform 14.3.2.2. By Application 14.3.2.3. By End User 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2022 14.4.2.1. By Interface Platform 14.4.2.2. By Application 14.4.2.3. By End User 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2022 14.5.2.1. By Interface Platform 14.5.2.2. By Application 14.5.2.3. By End User 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2022 14.6.2.1. By Interface Platform 14.6.2.2. By Application 14.6.2.3. By End User 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2022 14.7.2.1. By Interface Platform 14.7.2.2. By Application 14.7.2.3. By End User 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2022 14.8.2.1. By Interface Platform 14.8.2.2. By Application 14.8.2.3. By End User 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2022 14.9.2.1. By Interface Platform 14.9.2.2. By Application 14.9.2.3. By End User 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2022 14.10.2.1. By Interface Platform 14.10.2.2. By Application 14.10.2.3. By End User 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2022 14.11.2.1. By Interface Platform 14.11.2.2. By Application 14.11.2.3. By End User 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2022 14.12.2.1. By Interface Platform 14.12.2.2. By Application 14.12.2.3. By End User 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2022 14.13.2.1. By Interface Platform 14.13.2.2. By Application 14.13.2.3. By End User 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2022 14.14.2.1. By Interface Platform 14.14.2.2. By Application 14.14.2.3. By End User 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2022 14.15.2.1. By Interface Platform 14.15.2.2. By Application 14.15.2.3. By End User 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2022 14.16.2.1. By Interface Platform 14.16.2.2. By Application 14.16.2.3. By End User 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2022 14.17.2.1. By Interface Platform 14.17.2.2. By Application 14.17.2.3. By End User 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2022 14.18.2.1. By Interface Platform 14.18.2.2. By Application 14.18.2.3. By End User 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2022 14.19.2.1. By Interface Platform 14.19.2.2. By Application 14.19.2.3. By End User 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2022 14.20.2.1. By Interface Platform 14.20.2.2. By Application 14.20.2.3. By End User 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Interface Platform 15.3.3. By Application 15.3.4. By End User 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Teledyne Technologies 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.2. Thales Group 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.3. Sonardyne International 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.4. Ultra Electronics 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.5. Aquatec Group 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.6. Tritech International 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.7. Hydroacoustic 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.8. Evologics 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.9. Nortek 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.10. DSPComm 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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Underwater Acoustic Communication Market
