Underwater Wireless Communication Market Introduction and Overview
According to SPER Market Research, the Global Underwater Wireless Communication Market is estimated to reach USD 6.86 billion by 2034 with a CAGR of 10.5%.
The report includes an in-depth analysis of the Global Underwater Wireless Communication Market, including market size and trends, product mix, Applications, and supplier analysis. The global underwater wireless communication industry, which is an essential component of marine communication infrastructure, has shown rapid growth in recent years. The expansion is mostly due to rapid developments in wireless communication technology, increased exploration activity in the offshore oil and gas sector, and greater expenditure in underwater defense and surveillance systems. The market is characterized by fierce competition between a wide range of international enterprises and regional businesses. To strengthen their market position, key firms are investing in product innovation, strategic mergers and acquisitions, and collaborations. Emerging technologies, such as AI and IoT, are being more integrated into underwater communication systems, improving data transmission efficiency and reliability.
By Type Insights: The underwater wireless communication market is divided into two types: acoustic communication and radio frequency (RF) communication. Acoustic communication is expected to grow the fastest and have the largest market share in 2024. It uses sound waves to send information underwater and is used in areas like underwater surveillance, offshore oil and gas exploration, environmental monitoring, and navigation. The rise in demand for real-time data and reliable communication systems is boosting the use of acoustic communication, supported by advancements in technology.
By Technology Insights: The market for underwater wireless communication can be further divided into two technological segments: sensor technology and vehicular technology. In 2024, vehicular technology is expected to maintain its dominant position in the global market and generate a sizable portion of revenue. For communication purposes, this technology is mostly utilized in underwater vehicles, such as remotely controlled vehicles (ROVs) and autonomous underwater vehicles (AUVs).
By Application Insights: The underwater wireless communication market is divided by application into environmental monitoring, underwater monitoring, offshore monitoring, and others. Environmental monitoring is expected to have the largest market share in 2024. It tracks and analyzes the effects of onshore activities on the environment.
By Industry Insights: The scientific research and development segment is expected to have a large share of the market in 2024. Major oil companies are likely to increase spending on exploration and restart deep-water drilling for more hydrocarbon assets. This will lead to a significant rise in demand for underwater wireless communication systems in offshore oil and gas exploration. Over the last ten years, researchers focused on creating technologies like acoustic modems and underwater sensor networks, which will help grow this market.
By Regional Insights: Europe is predicted to lead the worldwide underwater wireless communications (UWC) market because it envisions using underwater robots to execute operations and take appropriate measures depending on the information gathered. Underwater robots (underwater vehicles) have several advantages since they eliminate the need for human divers to conduct dangerous offshore tasks.
Market Competitive Landscape
The top market companies, such as Benthowave Instrument Inc, Bruel and Kjar, DSPComm, EvoLogics GmbH, Fugro, Kongsberg Gruppen, Nortek AS, Ocean Technology Systems, RJE International, Inc, SAAB AB, and others, are eager to solidify their market positions through strategic initiatives like mergers, collaborations, and acquisitions.
Recent Developments:
- In September 2021, Popoto Modem launched NATO's first low-cost OEM ANEP-87 undersea communications system (JANUS). This modem improves interoperability with the outside world by implementing the JANUS submarine communication protocol.
- In February 2022, Sonardyne intends to improve the effectiveness and security of sea mine countermeasures (MCM), explosive ordnance disposal (EOD), and demolition operations by introducing a wireless and secure submarine initiating capability.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2021-2034 |
Base year considered | 2024 |
Forecast period | 2025-2034 |
Segments covered | By Type, By Technology, By Application, By Industry.
|
Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
Companies Covered | Benthowave Instrument Inc, Bruel and Kjar, DSPComm, EvoLogics GmbH, Fugro, Kongsberg Gruppen, Nortek AS, Ocean Technology Systems, RJE International, Inc, SAAB AB. |
Key Topics Covered in the Report:
- Global Underwater Wireless Communication Market Size (FY’2021-FY’2034)
- Overview of Global Underwater Wireless Communication Market
- Segmentation of Global Underwater Wireless Communication Market By Type (Acoustic Communications, Optical Communications, RF Communications and Others)
- Segmentation of Global Underwater Wireless Communication Market By Technology (Sensor Technology and Vehicular Technology)
- Segmentation of Global Underwater Wireless Communication Market By Application (Environmental Monitoring, Pollution Monitoring, Seismic Monitoring, Ocean Current Monitoring, Climate Recording, Marine Archaeology, Search and Rescue Mission, Others)
- Segmentation of Global Underwater Wireless Communication Market By Industry (Oil and Gas, Military and Defense, Marine, Scientific Research and Development, Civil, Commercial, Others)
- Statistical Snap of Global Underwater Wireless Communication Market
- Expansion Analysis of Global Underwater Wireless Communication Market
- Problems and Obstacles in Global Underwater Wireless Communication Market
- Competitive Landscape in the Global Underwater Wireless Communication Market
- Details on Current Investment in Global Underwater Wireless Communication Market
- Competitive Analysis of Global Underwater Wireless Communication Market
- Prominent Players in the Global Underwater Wireless Communication Market
- SWOT Analysis of Global Underwater Wireless Communication Market
- Global Underwater Wireless Communication Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Underwater Wireless Communication Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Underwater Wireless Communication Market
7. Global Underwater Wireless Communication Market, By Type (USD Million) 2021-2034
7.1. Acoustic Communications
7.2. Optical Communications
7.3. RF Communications
7.4. Others
8. Global Underwater Wireless Communication Market, By Technology (USD Million) 2021-2034
8.1. Sensor Technology
8.2. Vehicular Technology
9. Global Underwater Wireless Communication Market, By Application (USD Million) 2021-2034
9.1. Environmental Monitoring
9.2. Pollution Monitoring
9.3. Seismic Monitoring
9.4. Ocean Current Monitoring
9.5. Climate Recording
9.6. Marine Archaeology
9.7. Search and Rescue Mission
9.8. Others
10. Global Underwater Wireless Communication Market, By Industry (USD Million) 2021-2034
10.1. Oil and Gas
10.2. Military and Defense
10.3. Marine
10.4. Scientific Research and Development
10.5. Civil
10.6. Commercial
10.7. Others
11. Global Underwater Wireless Communication Market, (USD Million) 2021-2034
11.1. Global Underwater Wireless Communication Market Size and Market Share
12. Global Underwater Wireless Communication Market, By Region, (USD Million) 2021-2034
12.1. Asia-Pacific
12.1.1. Australia
12.1.2. China
12.1.3. India
12.1.4. Japan
12.1.5. South Korea
12.1.6. Rest of Asia-Pacific
12.2. Europe
12.2.1. France
12.2.2. Germany
12.2.3. Italy
12.2.4. Spain
12.2.5. United Kingdom
12.2.6. Rest of Europe
12.3. Middle East and Africa
12.3.1. Kingdom of Saudi Arabia
12.3.2. United Arab Emirates
12.3.3. Qatar
12.3.4. South Africa
12.3.5. Egypt
12.3.6. Morocco
12.3.7. Nigeria
12.3.8. Rest of Middle-East and Africa
12.4. North America
12.4.1. Canada
12.4.2. Mexico
12.4.3. United States
12.5. Latin America
12.5.1. Argentina
12.5.2. Brazil
12.5.3. Rest of Latin America
13. Company Profile
13.1. Benthowave Instrument Inc
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Bruel and Kjar
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. DSPComm
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. EvoLogics GmbH
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Fugro
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Kongsberg Gruppen
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Nortek AS
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Ocean Technology Systems
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. RJE International, Inc
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. SAAB AB
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.