The global underwater acoustic communication market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The underwater acoustic modems transmit records wirelessly within the water or marine surroundings. With the usage of underwater modems, the army can navigate, monitor, and can communicate beneath water. The use of technologies, together with GPS and Wi-Fi, under the water surface, has been made feasible via the creation of underwater modems, that are additionally referred to as acoustic modems. Researchers and scientists are performing extensive research to overcome the difficulties inherent in the propagation of information bearing signals underwater.
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The underwater communication demands reliable, and high-capacity underwater acoustic networks. End users, which include gas and offshore oil, navy have been relying on the information gathered through acoustic communication for their business operations. Therefore, several end users rely upon acoustic modems to carry out underwater communication in preference to other traditional communication method.
There have been some recent efforts to develop underwater acoustic networks in shallow and medium water regions such as Deployable Autonomous Distributed System (DADS) funded by the Office of Naval Research (ONR) and the Autonomous Oceanographic Sampling Network sponsored by the ONR and the National Science Foundation. For instance, the DADS, which provide undersea surveillance, is an underwater array of fixed sensor platforms interconnected by acoustic modems. All these factors have extended the adoption of underwater acoustic communication modems in naval defense.
The global underwater acoustic communication market analysis includes some of the key market players such as Teledyne Technologies Incorporated, Kongsberg Gruppen, Thales Group, Ultra Electronics Group, Sonardyne International Ltd., among others. In order to maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.
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Market Coverage
- Segment Covered
- Regions Covered- Globally
Competitive Landscape: Teledyne Technologies Incorporated, Kongsberg Gruppen, Thales Group, Ultra Electronics Group, Sonardyne International Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Underwater Acoustic Communication Market By Segment
By Application
- Environmental Monitoring
- Pollution Monitoring
- Climate Recording
- Hydrography
- Oceanography
- Others
By End User
- Oil & Gas
- Military & Defense
- Scientific Research & Development
- Marine
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