Global Hydrographic Survey Equipment Market was valued at USD 3.20 Billion in 2018 and expected to reach at USD 5.74 Billion by 2026, at a CAGR of 5.39% during forecast period 2018-2026.
Hydrographic survey is a process used to measure and describe the physical features of the navigable earth’s surface, such as oceans, lakes and rivers. The equipment’s used in such surveys are known as hydrographic equipment’s.
Increasing demand from the offshore oil & gas industries are drive the growth of Hydrographic Survey Equipment’s market during forecast period. Development of offshore marine infrastructure fields such as bridges, effluent disposal systems, and ports for various industries and coastal thermal power plants are drive the market growth. Advanced techniques, modularization, and standardization in the construction, defense sectors, aerospace and offshore oil and gas exploration are preferred choice for engineers. These techniques will lead to complete work on time and cost effective is the key factors drive the growth of global hydrographic survey equipment market growth. However cost associated with carrying the hydrographic surveys and time taken to conduct hydrographic can act as the main restraint the growth of hydrographic equipment market.
The global hydrographic survey equipment market is segmented into application as charting application, seabed feature mapping, offshore oil & gas survey, hydrographic survey, pipeline route survey, port & harbor management, and dredge operations. Among the all segment, pipeline route survey segment is expected to grow at the highest XX% CAGR during the forecast period, thanks to its increasing demand from oil & gas, telecommunication, and energy & power industries. Hydrographic survey exactly observes the topography of seafloor and identifies attaching zones and optimum routes. In terms of end-user, the Global Hydrographic Survey Equipment Market is segmented into Commercial, Research and Defense.
On the basis of region Global Hydrographic Survey Equipment Market divided into five region such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, Asia Pacific had largest market share in 2018 and is projected to lead the market during the forecast period, by reason of growth in the maritime trade in developing economies such as India and other Asian country. Rise in exploration and production, port & harbor management, along with the development of offshore wind energy parks in the region are fueling the growth of the hydrographic survey equipment market in the Asia Pacific.
The objective of the report is to present comprehensive analysis of Global Hydrographic Survey Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Hydrographic Survey Equipment Market dynamics, structure by analyzing the market segments, and project the Global Hydrographic Survey Equipment Market size. Clear representation of competitive analysis of key players by Global Hydrographic Survey Equipment Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Hydrographic Survey Equipment Market make the report investor’s guide.
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Scope of Global Hydrographic Equipment Market Segmentation:
Global Hydrographic Survey Equipment Market, By Type
• Sensing Systems
• Positioning Systems
• Water level league
• Unmanned Vehicles
Global Hydrographic Survey Equipment Market, By Depth
• Shallow Water
• Deep Water
Global Hydrographic Survey Equipment Market, By Platform
• Surface Vehicles
• UUVs & USVs
Global Hydrographic Survey Equipment Market, By Application
• Charting Application
• Offshore Oil & Gas Survey
• Port & Harbor Management
• Cable/Pipeline Route Survey
• Hydrographic/Bathymetric Survey
Global Hydrographic Survey Equipment Market, By End User
Global Hydrographic Survey Equipment Market, by Region
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Key Players in Global Hydrographic Survey Equipment Market
• Kongsberg Maritime (Norway)
• Teledyne Technologies (US)
• INNOMAR Technologie GmbH (Germany),
• Edgetech (US)
• Sonardyne International (UK)
• IXblue SaS (France)
• SyQwest Inc. (UK)
• Atlas Electronics
• Teledyne Marine
• Raytheon Company
• Teledyne Reson A/S
• Atlas Elektronik Gmbh
• Seafloor Systems
• IIC Technologies
• Teledyne Odom Hydrographic
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