Underwater Acoustic Communication Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: ESR 86734 Report Format: PDF + Excel (Delivery in 48 Hrs)

Underwater Acoustic Communication Market Overview

Underwater Acoustic Communication Market size is projected to reach US$4.19 billion by 2026 and is estimated to grow at a CAGR 13.8% during the forecast period 2021-2026. Increasing adoption of underwater acoustic communication solutions by naval defense systems enabling reliable and safe communication is the key factor driving the underwater acoustic communication market. The rising integration of autonomous unmanned underwater vehicles with advanced acoustic sensors offering surveillance and threat detection solutions is augmenting the market. The growing demand for underwater acoustic modems for reliable and high-speed homeland security and defense communication has contributed to the growth of the market. Furthermore, with the rising underwater exploration projects and environmental protection applications the demand for high-capacity, reliable underwater acoustic networks have gained huge traction.

Report Coverage

The report: “Underwater Acoustic Communication Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Underwater Acoustic CommunicationMarket
By Interface Platform: Sensor Interface, Acoustic Modem (Hardware, Software), others
By Communication Range: Shallow water range, Medium water range, long water range, full ocean range
By Application: Environmental monitoring, Pollution monitoring, Climate Monitoring, Hydrography, Oceanography, others
By End User: Oil & gas, Military & Defense, Homeland Security, Scientific Research & Development, Marine, Others
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, Australia, and Others), South America(Brazil, Argentina, and others),  and RoW (Middle East and Africa)

Key Takeaways

  • North America is estimated to dominate the market during2021-2026 owing to high investments in the defense sector and maritime research.
  • Environmental monitoring is analyzed to hold a major market share of 30% by 2026 due to the growth in environmental protection act.
  • Increasing adoption of an underwater acoustic communication system in naval defense and environmental monitoring is anticipated to drive the growth of Underwater Acoustic Communication Market during the forecast period 2021-2026
  • Bandwidth limitation is one of the major challenges impeding the market growth between 2021- and 2026. 

Global Underwater Acoustic Communication Market Value, 2020-2026 ($B)

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Underwater Acoustic Communication Market Segment Analysis- By Application

By application, Underwater Acoustic Communication market has been segmented into environmental monitoring, Pollution monitoring, Climate Monitoring, Hydrography, Oceanography and others. Environmental monitoring dominated the market in 2020 acquiring a share of 22% and is analyzed to hold the major market with a market share of 30% by 2026 due to rising environmental protection act. Acoustic communication technology is poised to grow in popularity over traditional technologies for seabed mapping and data collection offering a wide range of environmental applications such as underwater pollution and habitat monitoring, pre-warning solution for underwater earthquake and tsunami. Such environmental protection applications generate significant revenue pockets for the underwater acoustic communication market.

Underwater Acoustic Communication Market Segment Analysis- By End User

By end-user, the Underwater Acoustic Communication market has been segmented into Oil & gas, Military & Defense, Homeland Security, Scientific Research & Development, Marine andOthers. Research & development sector dominated the market in 2020 acquiring a share of 36%. Major players in the oil & gas sectors are anticipated to increase their exploration capital expenditure by 20% during the later stages of the forecast period to develop reliable new communication solutions integrated with sophisticated functions within the underwater environment. The ongoing trend of the transition from wired to underwater wireless communication systems coupled with continuous advancements in networking technologies are boosting the underwater acoustic communication market. In June 2021, Sonardyne and SeeByte collaborated and received funding from UK Defense Science and Technology Laboratory to enhance and extend the capabilities of unmanned underwater vehicles leveraging autonomous networked underwater acoustic communication system. Such developments are stimulating underwater acoustic communication market growth.

Underwater Acoustic Communication Market Segment Analysis- By Geography

By Geography, Underwater The Acoustic Communication market has been segmented under North America, Europe, APAC, South America, and Others. North America is estimated to account for the largest market share of 34%by 2026 with a CAGR of 10.6% owing to huge investments in the defense sector and maritime research. Increasing penetration of unmanned underwater vehicles in the US and Canada offering wide range of defense operations such as security, surveillance, anti-submarine warfare are stimulating the market. In January 2021, U.S. Office of Naval Research announced a contract of US$ 9.3 Million to Advanced Acoustic Concepts LLC to develop enabling technologies for unmanned underwater vehicle to detect and manipulate objects in deep ocean environment. Such government investments are driving the market in this region.APAC is estimated to witness significant growth during the forecast period 2021-2026 due to the rising adoption of unmanned autonomous underwater vehicles in countries like China for collaborative monitoring and vital data collection in defense missions.

Underwater Acoustic Communication Market Drivers

Increasing penetration of underwater acoustic modems in naval defense

The growing adoption of underwater acoustic modems in navy to navigate, monitor and communicate beneath the water surface leveraging GPS, Wi-fi technology is anticipated to boost the market during the forecast period 2021-2026. The rising integration of unmanned underwater vehicles with advanced acoustic sensors offering monitoring, surveillance, threat detection and strategic solutions are driving the market. The recent transition from wired to underwater wireless the communication system is holding significant potential for growth in defense sector. By 2026, the underwater wireless communication system is estimated to grow by 90% as wireless acoustic communication provides reliable and accurate data lowering the energy consumption. In June 2020, GeoSpectrum Technologies announced that it was selected by an undisclosed western customer to deliver long-range acoustic messaging (LRAM) system, designed for robust operation over long range to send acoustically encoded tactical messages from underwater asset in a two-way communication channel. Such developments in underwater acoustic communication market are propelling the growth of the market.

Rising demand for unmanned acoustic communication in environmental monitoring

Rapid and massive adoption of unmanned acoustic communication technology in environmental monitoring for wide range of applications including weather forecast, ocean current and wind monitoring, underwater earthquake and tsunami warning, climate change detection and many others have significantly triggered the market growth. Wireless underwater sensor network (WUSN) system assists in water quality monitoring to curb the underwater pollution by detecting pH,turbidity,Biochemical Oxygen Demand (BOD), conductivity, dissolved oxygen (DO), temperature, Oxidation-Reduction Potential (ORP). Therefore, with the rising environmental protection concerns unmanned acoustic communication has gained a huge traction.

Underwater Acoustic Communication Market Challenges

Bandwidth Limitation

Availability of limited usable frequency band is one the major challenges hampering the growth of the market. Frequency-dependent attenuation of acoustic signals limit the communication frequency in water and thus resulting in a low speed of sound in water, low data transmission rate and reduced delivery time. Such limiting factors are challenging the growth of underwater acoustic communication market.

Underwater Acoustic CommunicationMarket Landscape

Product innovations, acquisitions, Partnerships, and R&D activities are key strategies adopted by players in the Underwater Acoustic Communication market. In 2020, the market of Underwater Acoustic Communicationindustry outlook has been fragmented by several companies.  Underwater Acoustic Communication top 10 companies include Thales Group, Teledyne Technologies Incorporated, Evologics GmbH, Tritech International Limited, Sonardyne International Ltd., G5 Scientific, LLC., Mistral, Inc., Gavial Holdings, Inc.AquaSent LLC., Nortek AS.

Acquisitions/Product Innovations

  • In July 2021, a start-up firm in Krakow announced to develop ocean ecosystem monitoring solutions in a collaboration with Polish Academy of Sciences by constructing a fish-shaped unmanned underwater vehicle to collect acoustic, chemical, geological and visual data without human intervention for up to six months.
  • In January 2021, Teledyne Marine launched new ultra compact acoustic modem to expand its reliable wireless underwater acoustic communication solution.

Relevant Report Titles:

Unmanned Underwater Vehicles (UUV) Market – Forecast (2021 - 2026)
Report Code: AD 0001
Next Generation Communication Technologies Market – Forecast(2021 - 2026)
Report Code: ESR 0029
 

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1. Underwater Acoustic Communication Market Overview
    1.1 Definitions and Scope
2. Underwater Acoustic Communication Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Service Type
    2.3 Key Trends segmented by Geography
3. Underwater Acoustic Communication Market
    3.1 Comparative Analysis
        3.1.1 Product/Service Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Underwater Acoustic Communication Market – By Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital Funding
5. Underwater Acoustic Communication Market – By Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework
    5.2 Customer Analysis
    5.3 Case Studies
    5.4 Ease of Doing Business Index
6. Underwater Acoustic Communication Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Network of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Network of substitutes
7. Underwater Acoustic Communication Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Suppliers and Distributors
8. Underwater Acoustic Communication Market – By interface platform
    8.1  Sensor interface
    8.2  Acoustic modem
        8.2.1 Software
        8.2.2 Hardware
    8.3  Others
9. Underwater Acoustic Communication Market – By communication range
    9.1  Shallow water
    9.2  Medium water
    9.3  Full water
    9.4  Full ocean
10.  Underwater Acoustic Communication Market - By End User
    10.1 Oil & gas
    10.2 Military& Defense
    10.3 Homeland Security
    10.4 Scientific Research & Development
    10.5 Marine
    10.6 Others
11. Underwater Acoustic Communication Market – By Region
    11.1  North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2  South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Rest of South America
    11.3  Europe
        11.3.1 Germany
        11.3.2 France
        11.3.3 UK
        11.3.4 Italy
        11.3.5 Spain
        11.3.6 Russia
        11.3.7 Rest of Europe
    11.4  APAC
        11.4.1 China
        11.4.2 Japan
        11.4.3 South Korea
        11.4.4 India
        11.4.5 Australia
        11.4.6 Rest of APAC
    11.5  RoW
        11.5.1 Middle East
        11.5.2 Africa
12. Underwater Acoustic Communication Market - Industry Landscape Analysis (Premium)
    12.1  Market Share by Region
    12.2  Market Share by Industry
    12.3  Market Share by Type
13. Underwater Acoustic Communication Market - Key Companies by Country (Premium)
14. Underwater Acoustic Communication Market Entropy
    14.1  New Product Launches
    14.2  M&As, Collaborations, JVs and Partnerships
15. Underwater Acoustic Communication Market - Company Analysis
    15.1  Thales Group
    15.2  Teledyne Technologies Incorporated
    15.3  Evologics GmbH
    15.4  G5 Scientific, LLC
    15.5  Sonardyne International Ltd
    15.6  Company 6
    15.7  Company 7
    15.8  Company 8
    15.9  Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 ($M)
1.1 Sensor Interface Market 2019-2024 ($M) - Global Industry Research
1.2 Acoustic Modem Market 2019-2024 ($M) - Global Industry Research
1.2.1 Hardware Market 2019-2024 ($M)
1.2.2 Software Market 2019-2024 ($M)
2.Global Underwater Acoustic Communication Market By Communication Range Market 2019-2024 ($M)
2.1 Shallow Water Range Market 2019-2024 ($M) - Global Industry Research
2.2 Medium Water Range Market 2019-2024 ($M) - Global Industry Research
2.3 Long Water Range Market 2019-2024 ($M) - Global Industry Research
2.4 Full Ocean Range Market 2019-2024 ($M) - Global Industry Research
3.Global Underwater Acoustic Communication Market By End User Market 2019-2024 ($M)
3.1 Oil & Gas Market 2019-2024 ($M) - Global Industry Research
3.2 Military & Defense Market 2019-2024 ($M) - Global Industry Research
3.3 Homeland Security Market 2019-2024 ($M) - Global Industry Research
3.4 Scientific Research & Development Market 2019-2024 ($M) - Global Industry Research
3.5 Marine Market 2019-2024 ($M) - Global Industry Research
4.Global Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 (Volume/Units)
4.1 Sensor Interface Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Acoustic Modem Market 2019-2024 (Volume/Units) - Global Industry Research
4.2.1 Hardware Market 2019-2024 (Volume/Units)
4.2.2 Software Market 2019-2024 (Volume/Units)
5.Global Underwater Acoustic Communication Market By Communication Range Market 2019-2024 (Volume/Units)
5.1 Shallow Water Range Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Medium Water Range Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 Long Water Range Market 2019-2024 (Volume/Units) - Global Industry Research
5.4 Full Ocean Range Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Underwater Acoustic Communication Market By End User Market 2019-2024 (Volume/Units)
6.1 Oil & Gas Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Military & Defense Market 2019-2024 (Volume/Units) - Global Industry Research
6.3 Homeland Security Market 2019-2024 (Volume/Units) - Global Industry Research
6.4 Scientific Research & Development Market 2019-2024 (Volume/Units) - Global Industry Research
6.5 Marine Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 ($M)
7.1 Sensor Interface Market 2019-2024 ($M) - Regional Industry Research
7.2 Acoustic Modem Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Hardware Market 2019-2024 ($M)
7.2.2 Software Market 2019-2024 ($M)
8.North America Underwater Acoustic Communication Market By Communication Range Market 2019-2024 ($M)
8.1 Shallow Water Range Market 2019-2024 ($M) - Regional Industry Research
8.2 Medium Water Range Market 2019-2024 ($M) - Regional Industry Research
8.3 Long Water Range Market 2019-2024 ($M) - Regional Industry Research
8.4 Full Ocean Range Market 2019-2024 ($M) - Regional Industry Research
9.North America Underwater Acoustic Communication Market By End User Market 2019-2024 ($M)
9.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
9.2 Military & Defense Market 2019-2024 ($M) - Regional Industry Research
9.3 Homeland Security Market 2019-2024 ($M) - Regional Industry Research
9.4 Scientific Research & Development Market 2019-2024 ($M) - Regional Industry Research
9.5 Marine Market 2019-2024 ($M) - Regional Industry Research
10.South America Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 ($M)
10.1 Sensor Interface Market 2019-2024 ($M) - Regional Industry Research
10.2 Acoustic Modem Market 2019-2024 ($M) - Regional Industry Research
10.2.1 Hardware Market 2019-2024 ($M)
10.2.2 Software Market 2019-2024 ($M)
11.South America Underwater Acoustic Communication Market By Communication Range Market 2019-2024 ($M)
11.1 Shallow Water Range Market 2019-2024 ($M) - Regional Industry Research
11.2 Medium Water Range Market 2019-2024 ($M) - Regional Industry Research
11.3 Long Water Range Market 2019-2024 ($M) - Regional Industry Research
11.4 Full Ocean Range Market 2019-2024 ($M) - Regional Industry Research
12.South America Underwater Acoustic Communication Market By End User Market 2019-2024 ($M)
12.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
12.2 Military & Defense Market 2019-2024 ($M) - Regional Industry Research
12.3 Homeland Security Market 2019-2024 ($M) - Regional Industry Research
12.4 Scientific Research & Development Market 2019-2024 ($M) - Regional Industry Research
12.5 Marine Market 2019-2024 ($M) - Regional Industry Research
13.Europe Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 ($M)
13.1 Sensor Interface Market 2019-2024 ($M) - Regional Industry Research
13.2 Acoustic Modem Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Hardware Market 2019-2024 ($M)
13.2.2 Software Market 2019-2024 ($M)
14.Europe Underwater Acoustic Communication Market By Communication Range Market 2019-2024 ($M)
14.1 Shallow Water Range Market 2019-2024 ($M) - Regional Industry Research
14.2 Medium Water Range Market 2019-2024 ($M) - Regional Industry Research
14.3 Long Water Range Market 2019-2024 ($M) - Regional Industry Research
14.4 Full Ocean Range Market 2019-2024 ($M) - Regional Industry Research
15.Europe Underwater Acoustic Communication Market By End User Market 2019-2024 ($M)
15.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
15.2 Military & Defense Market 2019-2024 ($M) - Regional Industry Research
15.3 Homeland Security Market 2019-2024 ($M) - Regional Industry Research
15.4 Scientific Research & Development Market 2019-2024 ($M) - Regional Industry Research
15.5 Marine Market 2019-2024 ($M) - Regional Industry Research
16.APAC Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 ($M)
16.1 Sensor Interface Market 2019-2024 ($M) - Regional Industry Research
16.2 Acoustic Modem Market 2019-2024 ($M) - Regional Industry Research
16.2.1 Hardware Market 2019-2024 ($M)
16.2.2 Software Market 2019-2024 ($M)
17.APAC Underwater Acoustic Communication Market By Communication Range Market 2019-2024 ($M)
17.1 Shallow Water Range Market 2019-2024 ($M) - Regional Industry Research
17.2 Medium Water Range Market 2019-2024 ($M) - Regional Industry Research
17.3 Long Water Range Market 2019-2024 ($M) - Regional Industry Research
17.4 Full Ocean Range Market 2019-2024 ($M) - Regional Industry Research
18.APAC Underwater Acoustic Communication Market By End User Market 2019-2024 ($M)
18.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
18.2 Military & Defense Market 2019-2024 ($M) - Regional Industry Research
18.3 Homeland Security Market 2019-2024 ($M) - Regional Industry Research
18.4 Scientific Research & Development Market 2019-2024 ($M) - Regional Industry Research
18.5 Marine Market 2019-2024 ($M) - Regional Industry Research
19.MENA Underwater Acoustic Communication Market By Interface Platform Market 2019-2024 ($M)
19.1 Sensor Interface Market 2019-2024 ($M) - Regional Industry Research
19.2 Acoustic Modem Market 2019-2024 ($M) - Regional Industry Research
19.2.1 Hardware Market 2019-2024 ($M)
19.2.2 Software Market 2019-2024 ($M)
20.MENA Underwater Acoustic Communication Market By Communication Range Market 2019-2024 ($M)
20.1 Shallow Water Range Market 2019-2024 ($M) - Regional Industry Research
20.2 Medium Water Range Market 2019-2024 ($M) - Regional Industry Research
20.3 Long Water Range Market 2019-2024 ($M) - Regional Industry Research
20.4 Full Ocean Range Market 2019-2024 ($M) - Regional Industry Research
21.MENA Underwater Acoustic Communication Market By End User Market 2019-2024 ($M)
21.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
21.2 Military & Defense Market 2019-2024 ($M) - Regional Industry Research
21.3 Homeland Security Market 2019-2024 ($M) - Regional Industry Research
21.4 Scientific Research & Development Market 2019-2024 ($M) - Regional Industry Research
21.5 Marine Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
2.Canada Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
3.Mexico Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
4.Brazil Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
5.Argentina Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
6.Peru Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
7.Colombia Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
8.Chile Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
9.Rest of South America Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
10.UK Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
11.Germany Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
12.France Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
13.Italy Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
14.Spain Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
15.Rest of Europe Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
16.China Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
17.India Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
18.Japan Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
19.South Korea Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
20.South Africa Underwater Acoustic Communication Market Revenue, 2019-2024 ($M)
21.North America Underwater Acoustic Communication By Application
22.South America Underwater Acoustic Communication By Application
23.Europe Underwater Acoustic Communication By Application
24.APAC Underwater Acoustic Communication By Application
25.MENA Underwater Acoustic Communication By Application
26.Teledyne Technologies, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Kongsberg Gruppen, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Thales Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Ultra Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Sonardyne International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Evologics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Dspcomm, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Mistral, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Nortek, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Aquatec Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Baltrobotics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Tritech International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Gavial Holdings, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Hydroacoustic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Linkquest, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.Aquatic Sensor Network Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Proserv, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.Startup Ecosystem, Sales /Revenue, 2015-2018 ($Mn/$Bn)