Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Hydrographic Survey Equipment Market to reach USD 5.12 billion by the end of 2029.

Global Hydrographic Survey Equipment Market Size study & Forecast, by Type (Sensing Systems, Positioning Systems, Subsea Sensors, Software, Unmanned Vehicles) By Depth (Shallow Water, Deep Water) By Application (Hydrographic Charting, Offshore Oil & Gas Survey, Port & Harbor Management, Coastal Engineering) By End User (Commercial, Research, Defense) and Regional Analysis, 2022-2029

Product Code: SSAD-38119979
Publish Date: 5-05-2023
Page: 200

Global Hydrographic Survey Equipment Market is valued at approximately USD 3.28 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.73% over the forecast period 2022-2029. Hydrographic survey equipment is used to collect and analyze data about the physical features of bodies of water, such as oceans, lakes, and rivers. The Hydrographic Survey Equipment market is expanding because of factors such as growing Maritime Trade and increased adoption of the autonomous underwater vehicle.

The equipment is critical for producing accurate navigational charts, identifying potential hazards to navigation, and assessing the impact of human activities on the marine environment. Its prevalence has progressively increased during the last few decades. According to Statista, in 2021, the volume of global seaborne trade was estimated to be around 11 billion tons. Furthermore, Of the around 58,000 merchant ships trading internationally, some 17,800 ships were Ro-Ro/general cargo ships as of January 1, 2022. General cargo ships thus accounted for nearly 31 per cent of the world’s merchant fleet. Another important component driving space is the increasing adoption of the autonomous underwater vehicle. According to an autonomous vehicle market forecast by Next Move Strategy Consulting, the global autonomous vehicle market reached nearly the size of 106 billion U.S. dollars in 2021. It is projected that in 2030, the market will reach the size of over 2.3 trillion U.S. dollars. In addition, it is expected that the global UUV market will be sized at around four billion U.S. dollars by 2021. Also, rising technological Advancements in the marine industry and a rising number of Offshore Renewable Wind Energy Projects would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Hydrographic Survey Equipment stifles market growth throughout the forecast period of 2022-2029.

Major market player included in this report are:
KONSBERG GRUPPEN ASA
Teledyne Technologies Inc.,
Innomar Technologie GmbH,
Edgetech Air Systems Pvt. Ltd.
Sonardyne International Ltd.,
Tritech International Ltd,
Ixblue SAS,
Syqwest Inc.,
Valeport Ltd.,
Xylem Inc.

Recent Developments in the Market:
Ø In February 2020, Kongsberg Maritime and the Indian National Institute of Ocean Technology about to sell a HUGIN AUV system to the NIOT. The NIOT’s HUGIN AUV system was equipped with an EM2040 multiband imaging device, which was designed for seabed and hydrographic applications.

Global Hydrographic Survey Equipment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Depth, Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Sensing Systems
Positioning Systems
Subsea Sensors
Software
Unmanned Vehicles

By Depth
Shallow Water
Deep Water

By Application
Hydrographic Charting
Offshore Oil & Gas Survey
Port & Harbor Management
Coastal Engineering

By End User
Commercial
Research
Defense

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Hydrographic Survey Equipment Market, by Region, 2019-2029 (USD Billion)
1.2.2. Hydrographic Survey Equipment Market, by Type, 2019-2029 (USD Billion)
1.2.3. Hydrographic Survey Equipment Market, by Depth, 2019-2029 (USD Billion)
1.2.4. Hydrographic Survey Equipment Market, by Application, 2019-2029 (USD Billion)
1.2.5. Hydrographic Survey Equipment Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hydrographic Survey Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hydrographic Survey Equipment Market Dynamics
3.1. Hydrographic Survey Equipment Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Growing Maritime Trade
3.1.1.2. Increase adoption of autonomous underwater vehicles.
3.1.2. Market Challenges
3.1.2.1. High Cost of Hydrographic Survey Equipment
3.1.3. Market Opportunities
3.1.3.1. Rising technological advancements in marine industry
3.1.3.2. Rising number of Offshore Renewable Wind Energy Projects
Chapter 4. Global Hydrographic Survey Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Hydrographic Survey Equipment Market, by Type
6.1. Market Snapshot
6.2. Global Hydrographic Survey Equipment Market by Type, Performance – Potential Analysis
6.3. Global Hydrographic Survey Equipment Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Hydrographic Survey Equipment Market, Sub Segment Analysis
6.4.1. Sensing Systems
6.4.2. Positioning Systems
6.4.3. Subsea Sensors
6.4.4. Software
6.4.5. Unmanned Vehicles
Chapter 7. Global Hydrographic Survey Equipment Market, by Depth
7.1. Market Snapshot
7.2. Global Hydrographic Survey Equipment Market by Depth, Performance – Potential Analysis
7.3. Global Hydrographic Survey Equipment Market Estimates & Forecasts by Depth 2019-2029 (USD Billion)
7.4. Hydrographic Survey Equipment Market, Sub Segment Analysis
7.4.1. Shallow Water
7.4.2. Deep Water
Chapter 8. Global Hydrographic Survey Equipment Market, by Application
8.1. Market Snapshot
8.2. Global Hydrographic Survey Equipment Market by Application, Performance – Potential Analysis
8.3. Global Hydrographic Survey Equipment Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Hydrographic Survey Equipment Market, Sub Segment Analysis
8.4.1. Hydrographic Charting
8.4.2. Offshore Oil & Gas Survey
8.4.3. Port & Harbour Management
8.4.4. Coastal Engineering
Chapter 9. Global Hydrographic Survey Equipment Market, by End User
9.1. Market Snapshot
9.2. Global Hydrographic Survey Equipment Market by End User, Performance – Potential Analysis
9.3. Global Hydrographic Survey Equipment Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
9.4. Hydrographic Survey Equipment Market, Sub Segment Analysis
9.4.1. Commercial
9.4.2. Research
9.4.3. Defense
Chapter 10. Global Hydrographic Survey Equipment Market, Regional Analysis
10.1. Hydrographic Survey Equipment Market, Regional Market Snapshot
10.2. North America Hydrographic Survey Equipment Market
10.2.1. U.S. Hydrographic Survey Equipment Market
10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
10.2.1.2. Depth breakdown estimates & forecasts, 2019-2029
10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
10.2.1.4. End User breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Hydrographic Survey Equipment Market
10.3. Europe Hydrographic Survey Equipment Market Snapshot
10.3.1. U.K. Hydrographic Survey Equipment Market
10.3.2. Germany Hydrographic Survey Equipment Market
10.3.3. France Hydrographic Survey Equipment Market
10.3.4. Spain Hydrographic Survey Equipment Market
10.3.5. Italy Hydrographic Survey Equipment Market
10.3.6. Rest of Europe Hydrographic Survey Equipment Market
10.4. Asia-Pacific Hydrographic Survey Equipment Market Snapshot
10.4.1. China Hydrographic Survey Equipment Market
10.4.2. India Hydrographic Survey Equipment Market
10.4.3. Japan Hydrographic Survey Equipment Market
10.4.4. Australia Hydrographic Survey Equipment Market
10.4.5. South Korea Hydrographic Survey Equipment Market
10.4.6. Rest of Asia Pacific Hydrographic Survey Equipment Market
10.5. Latin America Hydrographic Survey Equipment Market Snapshot
10.5.1. Brazil Hydrographic Survey Equipment Market
10.5.2. Mexico Hydrographic Survey Equipment Market
10.5.3. Rest of Latin America Hydrographic Survey Equipment Market
10.6. Rest of The World Hydrographic Survey Equipment Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. KONSBERG GRUPPEN ASA
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Teledyne Technologies Inc.,
11.2.3. Innomar Technologie GmbH,
11.2.4. Edgetech Air Systems Pvt. Ltd.
11.2.5. Sonardyne International Ltd.,
11.2.6. Tritech International Ltd,
11.2.7. Ixblue SAS,
11.2.8. Syqwest Inc.,
11.2.9. Valeport Ltd.,
11.2.10. Xylem Inc

Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now