Hydrographic Survey Equipment Market is expected to reach 3.62 Billion USD by 2021

The report "Hydrographic Survey Equipment Market by Type (Positioning Systems, Acoustic Underwater Systems, Others), Application (Seabed Feature Mapping, Port & Harbour Management, Dredge Operations, Others), Platform and Region - Global Forecast to 2021", The total market is projected to reach USD 3.62 Billion by 2021, at a CAGR of 5.43% during the forecast period. Rise in maritime commerce, increase in demand for accurate nautical charts, and coastal zone management & development is expected to drive the hydrographic survey equipment market. 

PDF Sample Download :-

Browse 72 market data tables with 69 figures spread through 164 pages and in-depth TOC on "Hydrographic Survey Equipment Market - Global Forecast to 2021"
Early buyers will receive 10% customization on reports.

Acoustic Underwater Systems segment to dominate the hydrographic survey equipment market

The global hydrographic survey equipment market has been analyzed and segmented into five segments namely, positioning systems, acoustic underwater systems, non-acoustic marine geophysical systems, oceanographic system & samplers, and others. The acoustic underwater systems segment is expected to dominate the overall market in terms of market size, and is estimated to exhibit a similar trend during the next five years owing to the need for accurate nautical charts. In addition, there has been an increase trade activities in emerging countries. Thus, the acoustic underwater systems segment is estimated to witness growth in the hydrographic survey equipment market.

Cable/pipeline route survey application to witness high growth during the forecast period

The global hydrographic survey equipment market, by application, has been segmented into seven subsegments namely, hydrographic survey, seabed feature mapping, port & harbor management, dredge operations, offshore oil & gas survey, cable/pipeline route survey, and charting application. The cable/pipeline route survey subsegment is estimated to register the highest CAGR rate among all applications due to high demand from oil & gas, energy & power as well as telecommunication industries. These surveys accurately examine the topography of the seafloor, thereby identifying optimum routes and anchoring zones. The market for cable/pipeline route survey application is the largest in North America and Europe, owing to the developed oil/gas exploration market in these regions.

Hydrographic survey equipment market in the APAC region to grow at the highest rate during the forecast period

The hydrographic survey equipment market in the APAC region is expected to grow at the highest CAGR between 2016 and 2021 following rise in maritime trade in emerging economies, such as India and China. Coastal zone development as well as its management are also important factors fueling the growth of the market in this region.

Thales Group (France): One of the key players in the hydrographic survey equipment market

Make an Enquiry :-

The major players in this market are Thales Group (France), Teledyne Technologies, Inc. (United States), The Raytheon Company (Germany), Kongsberg Gruppen ASA (Norway), and Fugro (Netherlands).

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan          
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India

Visit MarketsandMarkets Blog@
Connect with us on LinkedIn @
Website :-