Hydrographic survey equipment refers to the combination of software and hardware solutions designed to gather essential data for creating charts related to water depth, topography, tide measurements, and other underwater physical features. These charts are crucial for providing navigational information on the water surface.
The main categories of hydrographic survey equipment include sensing systems, positioning systems, optical systems, profilers, software, and other types. Sensing systems involve the use of technologies such as radar, video, sound, or infrared technology to detect the presence of objects or individuals. These systems are measured by the placement of a 12-inch high by 12-inch diameter cylinder within a minimum area. Various platforms for hydrographic survey equipment include surface vessels, Unmanned Surface Vehicles (USV), Unmanned Underwater Vehicles (UUV), and aircraft, covering depths from shallow water to deep water. Applications for this equipment include port and harbor management, offshore oil and gas surveys, cable or pipeline route surveys, hydrographic or bathymetry surveys, among others. The end-users of hydrographic survey equipment span commercial, research, and defense sectors.
The hydrographic survey equipment market research report is one of a series of new reports that provides hydrographic survey equipment market statistics, including hydrographic survey equipment industry global market size, regional shares, competitors with a hydrographic survey equipment market share, detailed hydrographic survey equipment market segments, market trends and opportunities, and any further data you may need to thrive in the hydrographic survey equipment industry. This hydrographic survey equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hydrographic survey equipment market size has grown strongly in recent years. It will grow from $2.91 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth observed in the historical period can be attributed to factors such as an increase in maritime safety measures, a rise in port and harbor maintenance efforts, increased exploration of offshore resources, heightened environmental monitoring initiatives, and an increase in infrastructure development.
The hydrographic survey equipment market size is expected to see strong growth in the next few years. It will grow to $4.15 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth in the forecast period can be attributed to concerns about climate change and sea-level rise, the increasing development of offshore renewable energy sources, growth in the blue economy, international collaboration efforts, and a rising interest in underwater archaeology. Key trends expected in the forecast period include the adoption of multi-beam sonar systems, the use of unmanned survey vessels, integration of lidar technology, real-time data processing capabilities, and the incorporation of Geographic Information System (GIS) and remote sensing technologies.
The hydrographic survey equipment market is anticipated to experience growth, driven by the increase in maritime trade. Maritime trade involves the transportation of goods by sea using ships, and hydrographic surveying, a civil engineering service, plays a crucial role in determining the physical features of underwater areas to support maritime activities. According to data from the United Nations Conference on Trade and Development in 2021, maritime trade is expected to see a 4.3% increase. This surge in maritime trade serves as a driving force for the hydrographic survey equipment market.
The growth of the hydrographic survey equipment market is expected to be propelled by the increasing global trade and shipping activities. Shipping trade, which involves the cost-effective and efficient transportation of goods between countries, relies on hydrographic survey equipment for the production of accurate nautical charts to enhance marine expedition safety. According to the World Trade Organization in April 2023, the value of world merchandise trade rose by 12% to $25.3 trillion in 2022, underscoring the importance of hydrographic survey equipment in supporting the safety and efficiency of global trade and shipping.
A notable trend in the hydrographic survey equipment market is the adoption of technological advancements. Major companies in this market are actively engaged in developing innovative technological solutions to strengthen their market position. For example, Kongsberg Maritime, a Europe-based company in the hydrographic survey equipment sector, launched the cNODE Mantis in March 2022. This addition to acoustic modems provides a new capability for streaming live video feeds for various subsea installations, enhancing subsea installation projects by visually monitoring seabed structure placements.
Major players in the hydrographic survey equipment market are introducing innovative solutions, including fully electric survey vessels. These vessels operate on electricity rather than traditional fossil fuels, offering a more environmentally friendly option with reduced emissions and noise pollution. The Port of London Authority (PLA) unveiled a fully electric remotely operated survey vessel in collaboration with the University College of London (UCL) in May 2023. Equipped with innovative sonar and scanning systems, the vessel ensures precise data gathering for navigation, safety, and maintenance, particularly in situations where traditional survey vessels may not be suitable.
In February 2022, Woolpert, a US-based hydrographic engineering and survey company, acquired eTrac Inc. This strategic acquisition aims to enhance integrated architecture, engineering, and geospatial (AEG) capabilities for Woolpert, with eTrac Inc. being a hydrographic survey and marine technology firm based in the United States.
Major companies operating in the hydrographic survey equipment market include Kongsberg Maritime AS, Sonardyne International Ltd., Innomar Technologie GmbH, Edgetech Air Systems Pvt. Ltd., Tritech International Limited, Teledyne Technologies Incorporated, iXblue SaS, SyQwest Inc., Valeport Ltd., Xylem Inc., Raytheon Technologies Corporation, Fugro N.V., Thales Group, Atlas Electronics Inc., Odom Hydrographic Systems Inc., Stewart Technology Associates, H.J. Merrihue GmbH, Mesco Inc., Teg Oceanographic Services Inc., Waterway Surveys Inc., R2Sonic LLC., WASSP Ltd., Applied Acoustics International, ECHO81, Geomares Publishing, Hemisphere GNSS, Hydrotechnik Lübeck GmbH, JFE Advantech Co. Ltd., Knudsen Engineering Limited, L-3 Communications Klein Associates Inc.
Asia-Pacific was the largest region in the hydrographic survey equipment market in 2023. The regions covered in the hydrographic survey equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the hydrographic survey equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The hydrographic survey equipment market consists of multibeam echo sounders (MBES), side scan sonar, laser scanners, sound speed profilers, sound velocity profilers, portable tide gauges, radar level sensors, interferometric sonar systems, and other hydrographic survey equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main categories of hydrographic survey equipment include sensing systems, positioning systems, optical systems, profilers, software, and other types. Sensing systems involve the use of technologies such as radar, video, sound, or infrared technology to detect the presence of objects or individuals. These systems are measured by the placement of a 12-inch high by 12-inch diameter cylinder within a minimum area. Various platforms for hydrographic survey equipment include surface vessels, Unmanned Surface Vehicles (USV), Unmanned Underwater Vehicles (UUV), and aircraft, covering depths from shallow water to deep water. Applications for this equipment include port and harbor management, offshore oil and gas surveys, cable or pipeline route surveys, hydrographic or bathymetry surveys, among others. The end-users of hydrographic survey equipment span commercial, research, and defense sectors.
The hydrographic survey equipment market research report is one of a series of new reports that provides hydrographic survey equipment market statistics, including hydrographic survey equipment industry global market size, regional shares, competitors with a hydrographic survey equipment market share, detailed hydrographic survey equipment market segments, market trends and opportunities, and any further data you may need to thrive in the hydrographic survey equipment industry. This hydrographic survey equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hydrographic survey equipment market size has grown strongly in recent years. It will grow from $2.91 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth observed in the historical period can be attributed to factors such as an increase in maritime safety measures, a rise in port and harbor maintenance efforts, increased exploration of offshore resources, heightened environmental monitoring initiatives, and an increase in infrastructure development.
The hydrographic survey equipment market size is expected to see strong growth in the next few years. It will grow to $4.15 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth in the forecast period can be attributed to concerns about climate change and sea-level rise, the increasing development of offshore renewable energy sources, growth in the blue economy, international collaboration efforts, and a rising interest in underwater archaeology. Key trends expected in the forecast period include the adoption of multi-beam sonar systems, the use of unmanned survey vessels, integration of lidar technology, real-time data processing capabilities, and the incorporation of Geographic Information System (GIS) and remote sensing technologies.
The hydrographic survey equipment market is anticipated to experience growth, driven by the increase in maritime trade. Maritime trade involves the transportation of goods by sea using ships, and hydrographic surveying, a civil engineering service, plays a crucial role in determining the physical features of underwater areas to support maritime activities. According to data from the United Nations Conference on Trade and Development in 2021, maritime trade is expected to see a 4.3% increase. This surge in maritime trade serves as a driving force for the hydrographic survey equipment market.
The growth of the hydrographic survey equipment market is expected to be propelled by the increasing global trade and shipping activities. Shipping trade, which involves the cost-effective and efficient transportation of goods between countries, relies on hydrographic survey equipment for the production of accurate nautical charts to enhance marine expedition safety. According to the World Trade Organization in April 2023, the value of world merchandise trade rose by 12% to $25.3 trillion in 2022, underscoring the importance of hydrographic survey equipment in supporting the safety and efficiency of global trade and shipping.
A notable trend in the hydrographic survey equipment market is the adoption of technological advancements. Major companies in this market are actively engaged in developing innovative technological solutions to strengthen their market position. For example, Kongsberg Maritime, a Europe-based company in the hydrographic survey equipment sector, launched the cNODE Mantis in March 2022. This addition to acoustic modems provides a new capability for streaming live video feeds for various subsea installations, enhancing subsea installation projects by visually monitoring seabed structure placements.
Major players in the hydrographic survey equipment market are introducing innovative solutions, including fully electric survey vessels. These vessels operate on electricity rather than traditional fossil fuels, offering a more environmentally friendly option with reduced emissions and noise pollution. The Port of London Authority (PLA) unveiled a fully electric remotely operated survey vessel in collaboration with the University College of London (UCL) in May 2023. Equipped with innovative sonar and scanning systems, the vessel ensures precise data gathering for navigation, safety, and maintenance, particularly in situations where traditional survey vessels may not be suitable.
In February 2022, Woolpert, a US-based hydrographic engineering and survey company, acquired eTrac Inc. This strategic acquisition aims to enhance integrated architecture, engineering, and geospatial (AEG) capabilities for Woolpert, with eTrac Inc. being a hydrographic survey and marine technology firm based in the United States.
Major companies operating in the hydrographic survey equipment market include Kongsberg Maritime AS, Sonardyne International Ltd., Innomar Technologie GmbH, Edgetech Air Systems Pvt. Ltd., Tritech International Limited, Teledyne Technologies Incorporated, iXblue SaS, SyQwest Inc., Valeport Ltd., Xylem Inc., Raytheon Technologies Corporation, Fugro N.V., Thales Group, Atlas Electronics Inc., Odom Hydrographic Systems Inc., Stewart Technology Associates, H.J. Merrihue GmbH, Mesco Inc., Teg Oceanographic Services Inc., Waterway Surveys Inc., R2Sonic LLC., WASSP Ltd., Applied Acoustics International, ECHO81, Geomares Publishing, Hemisphere GNSS, Hydrotechnik Lübeck GmbH, JFE Advantech Co. Ltd., Knudsen Engineering Limited, L-3 Communications Klein Associates Inc.
Asia-Pacific was the largest region in the hydrographic survey equipment market in 2023. The regions covered in the hydrographic survey equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the hydrographic survey equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The hydrographic survey equipment market consists of multibeam echo sounders (MBES), side scan sonar, laser scanners, sound speed profilers, sound velocity profilers, portable tide gauges, radar level sensors, interferometric sonar systems, and other hydrographic survey equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Hydrographic Survey Equipment Market Characteristics3. Hydrographic Survey Equipment Market Trends And Strategies31. Global Hydrographic Survey Equipment Market Competitive Benchmarking32. Global Hydrographic Survey Equipment Market Competitive Dashboard33. Key Mergers And Acquisitions In The Hydrographic Survey Equipment Market
4. Hydrographic Survey Equipment Market - Macro Economic Scenario
5. Global Hydrographic Survey Equipment Market Size and Growth
6. Hydrographic Survey Equipment Market Segmentation
7. Hydrographic Survey Equipment Market Regional And Country Analysis
8. Asia-Pacific Hydrographic Survey Equipment Market
9. China Hydrographic Survey Equipment Market
10. India Hydrographic Survey Equipment Market
11. Japan Hydrographic Survey Equipment Market
12. Australia Hydrographic Survey Equipment Market
13. Indonesia Hydrographic Survey Equipment Market
14. South Korea Hydrographic Survey Equipment Market
15. Western Europe Hydrographic Survey Equipment Market
16. UK Hydrographic Survey Equipment Market
17. Germany Hydrographic Survey Equipment Market
18. France Hydrographic Survey Equipment Market
19. Italy Hydrographic Survey Equipment Market
20. Spain Hydrographic Survey Equipment Market
21. Eastern Europe Hydrographic Survey Equipment Market
22. Russia Hydrographic Survey Equipment Market
23. North America Hydrographic Survey Equipment Market
24. USA Hydrographic Survey Equipment Market
25. Canada Hydrographic Survey Equipment Market
26. South America Hydrographic Survey Equipment Market
27. Brazil Hydrographic Survey Equipment Market
28. Middle East Hydrographic Survey Equipment Market
29. Africa Hydrographic Survey Equipment Market
30. Hydrographic Survey Equipment Market Competitive Landscape And Company Profiles
34. Hydrographic Survey Equipment Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Hydrographic Survey Equipment Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on hydrographic survey equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for hydrographic survey equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Type: Sensing Systems; Positioning Systems; Optical System; Profilers; Software; Other Types 2) By Platform: Surface Vessels; USV And UUV; Aircraft 3) By Depth: Shallow Water; Deep Water 4) By Application: Port And Harbor Management; Offshore Oil And Gas Survey; Cable Or Pipeline Route Survey; Hydrographic Or Bathymetry Survey; Other Applications 5) By End User: Commercial; Research; Defense
- Companies Mentioned: Kongsberg Maritime AS; Sonardyne International Ltd.; Innomar Technologie GmbH; Edgetech Air Systems Pvt. Ltd.; Tritech International Limited
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Kongsberg Maritime AS
- Sonardyne International Ltd.
- Innomar Technologie GmbH
- Edgetech Air Systems Pvt. Ltd.
- Tritech International Limited
- Teledyne Technologies Incorporated
- iXblue SaS
- SyQwest Inc.
- Valeport Ltd.
- Xylem Inc.
- Raytheon Technologies Corporation
- Fugro N.V.
- Thales Group
- Atlas Electronics Inc.
- Odom Hydrographic Systems Inc.
- Stewart Technology Associates
- H.J. Merrihue GmbH
- Mesco Inc.
- Teg Oceanographic Services Inc.
- Waterway Surveys Inc.
- R2Sonic LLC.
- WASSP Ltd.
- Applied Acoustics International
- ECHO81
- Geomares Publishing
- Hemisphere GNSS
- Hydrotechnik Lübeck GmbH
- JFE Advantech Co. Ltd.
- Knudsen Engineering Limited
- L-3 Communications Klein Associates Inc.
Methodology
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