"Underwater Acoustic Communication Market by Interface Platform, Communication Range, Application (Environmental Monitoring, Pollution Monitoring, Climate Recording, Hydrography, Oceanography), End User, and Geography - Global Forecast to 2023"
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Environmental monitoring is useful in supervising potential effects of terrestrial and nearshore environment on onshore construction activities. Various unmanned underwater vehicles (UUVs) equipped with underwater acoustic modems are used to explore natural undersea resources and gather scientific data in collaborative monitoring missions. The oil & gas industry is expected to largely drive the growth of the underwater acoustic communication market for the environmental monitoring application.
The underwater acoustic communication market is expected to grow from USD 1.15 Billion in 2016 to USD 2.86 Billion by 2023, at a CAGR of 13.8% during the forecast period. The base year considered for the study is 2016, and the market size forecast is given for the period between 2017 and 2023.
Scope of the Report:
The research report segments the underwater acoustic communication market into the following submarkets:
By Interface Platform:
• Sensor Interface
• Acoustic Modem
• Others (Sonobuoys and Buoys)
By Communication Range:
• Shallow Water Range
• Medium Water Range
• Long Water Range
• Full Ocean Range
By Application:
• Environmental Monitoring
• Pollution Monitoring
• Climate Recording
• Hydrography
• Oceanography
• Others (Aquaculture, Fisheries, Diving, and Mine Reconnaissance)
By End User:
• Oil & Gas
• Military & Defense
• Homeland Security
• Scientific Research & Development
• Marine
By Geography:
• Americas
• Europe
• Asia Pacific
• RoW
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