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Underwater Acoustic Communication Market Size, Share Impressive Industry Growth Report 2031

10-18-2024 04:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Underwater Acoustic Communication Market

Underwater Acoustic Communication Market

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

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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