Underwater Acoustic Communication Market Forecast by Key Players: Teledyne Technologies Incorporated, KONGSBERG, UniEnergy Technologies, Ultra Electronics, Thales, Mistral Solutions Pvt. Ltd, Hydroacoustics Inc., Proserv, RTSYS

The key players of the Global Underwater Acoustic Communication Market are making moves like product launches, joint ventures, developments, merges and accusations which is affecting the market and Information and Communication Technology Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. Underwater Acoustic Communication Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The key players operating in the global underwater acoustic communication market are -

Teledyne Technologies Incorporated, Kongsberg Group, UniEnergy Technologies., Ultra Electronics group website Ltd, Thales Group, EvoLogics COO., Mistral Solutions Pvt. Ltd, Hydroacoustics, Gavial Holdings, AquaSeNT LLC., Proserv., Rtsys, Subnero, G5 Scientific, Jpanalytic and Seagnal and among others.

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Market Analysis: Global Underwater Acoustic Communication Market

The Global Underwater Acoustic Communication Market is expected to reach USD 3.3 billion by 2025, from USD 2.1 billion in 2017 growing at a CAGR of 15.1 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Report Definition:

Underwater acoustic communication is defined as a technique of propagating sound in water. It is a framework for the underwater acoustic communication system. It contains channels, propagation models and statistical characterization. It is a contact of the mechanical waves that create sound with the water and its boundaries. The frequency of underwater acoustics is between 10 Hz and 1 MHz. Underwater acoustic communication has various factors which includes time variations of the channel, small available bandwidth, multi-path propagation and strong signal attenuation. It has wide number of application which includes environmental monitoring, pollution monitoring, climate recording, hydrography and oceanography. It is used in different industries oil & gas, military & defense, homeland security, scientific research & development, marine. In marine industry, it plays a vital role such as environmental monitoring, underwater exploration and scientific data collection.

For instances, in 2012, EvoLogics GmbH launched Underwater Acoustic Modems an embedded network protocol development platform. It was a great tool to effectively design, test and implement underwater acoustic network protocols. It is used for multiple maritime and offshore applications.

Furthermore, in 2017, North Atlantic Treaty Organisation launched a new era of digital underwater communications named Janus which acts as an effective underwater communication network to allow undersea robots to work together and report back home.

Major Market Drivers:

• Growing adoption of underwater acoustic modems in naval defense.
• Growing importance of reliable and secured communication in defense.
• Increasing homeland security end user.
• Increasing offshore oil & gas production.
• Delayed delivery rates due to the relatively slow speed of sound in water.

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Report Segmentation:

Based on interface platform:

• Sensor Interface
• Acoustic Modem
• Others

Others are sub segmented into:

• Sonobuoys
• Buoys

Based on communication range:

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

On the basis of application:

• Environmental Monitoring
• Pollution Monitoring
• Climate Recording
• Hydrography
• Oceanography
• Others

Based on end user:

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

Based on geography:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.

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Competitive Analysis:

The global underwater acoustic communication market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of underwater acoustic communication market for global, Europe, North America, Asia pacific and South America.

Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Underwater Acoustic Communication Market.

– Highlights key business priorities in order to assist companies to realign their business strategies.

– The key findings and recommendations highlight crucial progressive industry trends in the Global Underwater Acoustic Communication Market, thereby allowing players to develop effective long term strategies.

– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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