Insights on the Underwater Communication System Global Market to 2030 - Increased Undersea Research Operations are Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Underwater Communication System Market Size, Share & Trends Analysis Report by Component, by Connectivity, by Application (Environmental Monitoring, Pollution Monitoring), by End-user, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global underwater communication system market size is expected to reach USD 7.20 billion by 2030, according to this report. The market is anticipated to expand at a CAGR of 10.1% from 2022 to 2030.

Companies Mentioned

• Kongsberg
• L3Harris Technologies, Inc.
• Thales
• Saab AB
• Teledyne Marine
• Ultra Electronics Holding plc
• Sonardyne
• DSPComm
• Undersea Systems International, Inc.
• Sea and Land Technologies Pte Ltd.

Underwater communication is a way of transmitting and receiving messages beneath the water surface. The use of acoustic waves rather than electromagnetic messages distinguishes underwater acoustic communication from terrestrial communication. The worldwide underwater acoustic communication market is being driven by increased undersea research operations, notably for environmental protection.

Underwater communications are classified into two types, namely, hardwired and wireless. Data is transported by cable in a hardwired connection. By removing the impact of outside elements, hardwired communications, comparable to a landline phone, provide the highest quality and most dependable kind of underwater communications. Water is used to convey data in wireless communication. Underwater wireless communications are used for environmental monitoring, underwater exploration, and scientific data collection.

One of the primary causes for the expansion of underwater communication systems is an increase in defense spending by various countries. Threats, concerns about disputed territories, and security concerns have led to an increase in worldwide defense spending. The naval defense system relies heavily on underwater communication for safety and dependability. It is used by the military to detect incursions and perform underwater surveillance.

Underwater Communication System Market Report Highlights

• The demand for underwater acoustic sensors to analyze various concentrations of pollution from chemical, biological, and radioactive contaminants is anticipated to propel the demand for underwater acoustic communication technology. Underwater acoustic digital signal processors and communications are a growing subject of applied research.
• In August 2022, Stanford University researchers developed a robot capable of diving deep into sunken planes and ruins. Its operators can have the same sense as OceanOneK's underwater trips. OceanOneK's 3D camera catches the underwater environment in vivid color, and its arms and hands can reach those of a diver.
• The wireless segment is estimated to hold the major market share and expand at a CAGR of 10.4% from 2022 to 2030.
• The oceanography segment is projected to grow at the highest CAGR over the forecast period.
• The military & defense segment is expected to grow at the highest CAGR over the forecast period.
• Key players in the market include Kongsberg, L3Harris Technologies, Inc., Thales, and Saab AB.

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Variables, Trends, & Scope Outlook

3.1. Market Segmentation

3.2. Underwater Communication Systems Market Size & Growth Prospects

3.3. Underwater Communication Systems Market - Value Chain Analysis

3.4. Underwater Communication Systems Market Dynamics

3.4.1. Market Driver Analysis

3.4.2. Market Restraint Analysis

3.4.3. Market Opportunity Analysis

3.5. Underwater Communication Systems Penetration & Growth Prospects Mapping

3.6. Underwater Communication Systems Market - Porter's Five Forces Analysis

3.7. Underwater Communication Systems Market - PEST Analysis

3.8. COVID-19 Impact Analysis

Chapter 4. Underwater Communication Systems Market Component Outlook

Chapter 5. Underwater Communication Systems Market Connectivity Outlook

Chapter 6. Underwater Communication Systems Market Application Outlook

Chapter 7. Underwater Communication Systems Market End-user Outlook

Chapter 8. Underwater Communication Systems Market: Regional Estimates & Trend Analysis

Chapter 9. Competitive Analysis

9.1. Recent Developments and Impact Analysis, by Key Market Participants

9.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging, Niche Players)

9.3. Vendor Landscape

9.3.1. Key company market share analysis, 2021

9.4. Company Analysis Tools

9.4.1. Market Position Analysis

9.4.2. Competitive Dashboard Analysis

Chapter 10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/gilr8u