Press release
Key Factor Supporting Underwater Global Positioning System (GPS) Market Development in 2025: Increasing Investments In Oceanographic Research Fueling The Growth Of The Market Due To Rising Demand For Precise Underwater Navigation
Underwater Global Positioning System (GPS) Market
How Large Will the Underwater Global Positioning System (GPS) Market Size By 2025?
The market size for the global underwater positioning system (GPS) has seen robust expansion in the past few years. Expanding from $1.08 billion in 2024, this market is projected to reach $1.19 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%. Factors such as the surge in underwater exploration activities, amplified requirement for offshore oil and gas mapping, intensifying usage of remotely operated vehicles, broadening of marine scientific research, and the growth in maritime defense operations have contributed to the historic growth period.
How Big Is the Underwater Global Positioning System (GPS) Market Size Expected to Grow by 2029?
Anticipated robust expansion in the underwater global positioning system (GPS) market is predicted, with a size forecasted to touch $1.68 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.1%. Factors contributing to this forecasted growth period include a surge in subsea infrastructure investment, the amplified requirement for precise underwater navigation, escalating usage of autonomous underwater vehicles, augmented marine conservation initiatives, and a rising demand for underwater communication tech. Trends expected in the forecast period incorporate progression in acoustic signal processing, blending artificial intelligence with underwater tracking, the invention of condensed yet durable GPS devices, ongoing research and development specific to underwater navigation, and innovation pertaining to hybrid GPS positioning systems.
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Which Key Market Drivers Powering Underwater Global Positioning System (GPS) Market Expansion and Growth?
The underwater global positioning system (GPS) market is expected to experience a surge due to the increase in investment for oceanographic research. A significant part of this research involves the study of marine ecosystems, seabed mapping, and underwater geological processes. These functions rely heavily on the precise navigation and positioning technologies that an underwater GPS can provide. The importance of these research activities is becoming more recognized as they contribute to our understanding of the ocean's role in regulating the Earth's climate, maintaining biodiversity, and supporting human life. The underwater GPS plays a crucial role in this research as it provides a precise location for sensors, submersibles, and other research equipment, either in deep or shallow waters. To illustrate, the United States Department of the Navy revealed in March 2023 that there will be an increase in its Naval Innovative Science and Engineering funding from 2% to 3% of budgeted orders in 2024. This increase in investment aims to enhance research, technology, and workforce development. With such increasing investment in oceanographic research, it's clear that the underwater global positioning system (GPS) market is anticipated to grow.
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Which Fast-Growing Trends Are Poised to Disrupt the Underwater Global Positioning System (GPS) Market?
The key emphasis of significant corporations functioning within the global underwater GPS market is the creation of novel products like the compact autonomous GPS, aimed at providing superior navigation solutions which not only boost underwater exploration but also increase operational efficiency. This compact autonomous GPS is essentially a diminutive, independent navigation system designed to self-determine its location without needing constant external input. The system ingeniously combines components like a GPS receiver, an onboard processor, and power supply within a tiny unit. For example, Teledyne Marine, a company based in the US offering marine technology solutions, introduced in April 2025, the Teledyne Compact Navigator. This is an ultra-compact autonomous integrated navigation system, specially designed for both subsea and surface vehicles. It utilizes advanced features like the phased array Doppler Velocity Log technology, minimal power usage, depth ratings that extend up to 4,000 meters and a completely autonomous operation mode. The system is optimally suited for applications such as remotely operated vehicles, autonomous underwater vehicles, and dynamic positioning under tough marine environments.
What Are the Emerging Segments in the Underwater Global Positioning System (GPS) Market?
The underwater global positioning system (GPS) market covered in this report is segmented -
1) By Device Type: Handheld Global Positioning System Units, Integrated Systems, Wearable Devices, Robotic Navigation Systems
2) By Technology: Acoustic Global Positioning System (GPS), Optical Global Positioning System (GPS), Radio Frequency Global Positioning System (GPS), Hybrid Systems
3) By Application: Commercial Diving, Recreational Diving, Marine Research, Fisheries Management, Search And Rescue Operations
4) By Distribution Channel: Online Retail, Offline Retail, Direct Sales
5) By End-User: Military And Defense, Commercial, Aquaculture, Recreational Users
Subsegments:
1) By Handheld Global Positioning System Units: Single-Frequency Handheld Units, Multi-Frequency Handheld Units, Waterproof Handheld Units
2) By Integrated Systems: Fixed Integrated Systems, Modular Integrated Systems, Portable Integrated Systems
3) By Wearable Devices: Wrist-Worn Global Positioning System Devices, Helmet-Mounted Global Positioning System Devices, Clip-On Global Positioning System Devices
4) By Robotic Navigation Systems: Autonomous Underwater Vehicles Navigation, Remotely Operated Vehicles Navigation, Surface Vehicle Navigation Systems
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Who Are the Global Leaders in the Underwater Global Positioning System (GPS) Market?
Major Companies operating in the underwater global positioning system (GPS) market are Kongsberg Maritime AS, Teledyne Technologies Incorporated, Garmin Ltd., Kongsberg Gruppen ASA, Ocean Infinity Group Limited, Sonardyne International Ltd., Advanced Navigation Pty Ltd., AML Oceanographic Ltd., Meitrack Group Ltd., ATrack Technology Inc., JASCO Applied Sciences Inc., Edgetech Instruments Inc., Okeanus Science & Technology LLC, Notilo Plus, Digital Matter Ltd., EvoLogics GmbH, Underwater Inspection Sonar (UWIS), Underwater Communication & Navigation Laboratory, Water Linked AS, Blueprint Subsea AS
Which are the Top Profitable Regional Markets for the Underwater Global Positioning System (GPS) Industry?
North America was the largest region in the underwater global positioning system (GPS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the underwater global positioning system (GPS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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