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Hydrographic Survey Equipment Market by Type (Sensing Systems, Positioning Systems, Subsea Sensors, Software, Unmanned Vehicles, and Others), Depth (Shallow Water and Deep Water), Platform (Aircraft, Surface Vehicles, and UUVs & USVs), Application (Charting Application, Offshore Oil & Gas Survey, Port & Harbor Management, Pipeline Route Survey, Bathymetric Survey, and Others), and End User (Commercial, Defense, and Research): Global Opportunity Analysis and Industry Forecast, 2020–2027

A07761
Pages: NA
Dec 2020 | 88 Views
 
Author(s) : NA
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Hydrographic survey is the process of recording physical features of coastal areas, oceans, rivers, seas, and lakes. The equipment that are used to do such surveys are called hydrographic survey equipment. Hydrographic surveys test the depth and analyzes the distance from the coast between survey ships. Moreover, hydrographic survey describes the features which affect maritime navigation, dredging, offshore oil exploration, maritime construction, and related activities. Earlier, hydrographic technology used hardware setup in order to connect with satellites for accessing information. However, at present, hydrographic technology has moved from hardware setup to software such as QINSy (Quality Integrated Navigation System).  The main objective of hydrographic surveys is to ensure the safety of maritime navigation.

Market scope and structure analysis:

               Report Metric

                                      Details

  Market size available for years  

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Depth, Platform, Application, End User, and Region

  Region covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Saab AB, KONGSBERG, Teledyne Technologies Incorporated., Innomar Technologie GmbH, EdgeTech, SONARDYNE, Mitcham Industries Inc., Tritech International Limited, SyQwest, and CHESAPEAKE TECHNOLOGY

 

COVID-19 scenario analysis:

  • Due to COVID-19 situation, the ongoing research & development in hydrographic survey equipment has been affected due to the declared lockdowns and government restrictions on public gatherings.
  • The business of offshore companies has negatively affected due to COVID-19 restrictions, which will directly affect the demand of hydrographic survey equipment.
  • The government all across the globe has closed the boundaries of their countries to curb the transmission of virus, which is restricting engineers & other workers to move and hence affecting production of hydrographic survey equipment.
  • Demand may rise significantly in near future in the global hydrographic survey equipment market in upcoming quarter as industry’s production has started to get momentum after tough phase of COVID-19.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Rise in offshore renewable wind energy projects, increase in maritime commerce & transport, and increase in the use of AUV & ROV are some of the major factors which drive the growth of the global hydrographic survey equipment market. However, factors including the high costs associated with carrying out hydrographic surveys and lack of technical expertise in undertaking hydrographic surveys is expected to restrain the growth of the hydrographic survey equipment market. Contrarily, technological advancements in hydrographic survey equipment and rise in offshore oil & gas exploration expenditure are expected to further boost the growth of global hydrographic survey equipment market in the future.

Rise in offshore oil & gas exploration expenditure 

Development in offshore infrastructure projects such as bridges, effluent disposal systems, and ports for various industries & coastal thermal power plants has been increased. Such projects use hydrographic survey equipment for several activities such as measuring the depth of the sea, navigation etc. Hence, rise in offshore oil & gas expenditure is encouraging the development in the hydrographic survey equipment market, and thereby expected to generate significant demand in the global hydrographic equipment market in the future.

Key segments covered:

               Segments

                                   Sub-segments

  Type

  • Sensing Systems
  • Bathymetric Systems
  • Single Beam Echo Sounders (SBES)
  • Multi Beam Echo Sounders (MBES)
  • Interferometric Sonars
  • Side Scan Sonars
  • Sub Bottom Profilers
  • Synthetic Aperture Sonars (SAS)
  • Positioning Systems
  • Inertial Navigation Systems (INS)
  • Acoustic Positioning Systems (LBL, SBL, and USBL)
  • Satellite Based Positioning Systems
  • Land Based Positioning Systems
  • Subsea Sensors
  • Motion Reference Units
  • Tide Gauges & Wave Recorders
  • Magnetometers
  • Current Meters
  • Profilers (Sound Velocity and CTD Systems)
  • Software
  • Data Acquisition Software
  • Data Processing Software
  • Database Management Software (DBMS)
  • Unmanned Vehicles
  • Unmanned Underwater Vehicles (UUVs)
  • Autonomous Underwater Vehicles (AUVs)
  • Remotely Operated Vehicles (ROVs)
  • Unmanned Surface Vehicles (USVs)
  • Others

  Depth

  • Shallow Water
  • Deep Water

  Platform

  • Aircraft
  • Surface Vehicles
  • UUVs & USVs

  Application

  • Charting Application
  • Offshore Oil & Gas Survey
  • Port & Harbor Management
  • Pipeline Route Survey
  • Bathymetric Survey
  • Others

  End User

  • Commercial
  • Defense
  • Research

 

Key benefits of the report:

  • This study presents the analytical depiction of the hydrographic survey equipment industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global hydrographic survey equipment market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global hydrographic survey equipment market growth scenario.
  • Porter’s five forces analysis illustrates the potency of the buyers & suppliers in the market. 
  • The report provides a detailed global hydrographic survey equipment market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the hydrographic survey equipment market research report:

  • Which are the leading market players active in the global hydrographic survey equipment market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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