Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Do The Historic and Forecast Market Sizes Indicate About The Hydrographic Survey Equipment Market?
The hydrographic survey equipment market has seen substantial growth in recent years, rising from $3.07 billion in 2024 to a projected $3.27 billion in 2025, at a compound annual growth rate (CAGR) of 6.6%. The historic growth can be attributed to factors such as increased maritime safety, a rise in port and harbor maintenance, offshore resource exploration, environmental monitoring, and infrastructure development.
The sector is predicted to continue its strong growth trajectory, reaching $4.35 billion by 2029, with a CAGR of 7.3%. This future growth is set to be driven by factors like climate change and sea-level rise, increasing offshore renewable energy, blue economy growth, international collaboration, and rising underwater archaeology. Furthermore, significant trends such as multi-beam sonar systems, unmanned survey vessels, lidar technology integration, real-time data processing, and integration with GIS and remote sensing will shape the market in the forecast period.
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What Is Driving Growth In The Hydrographic Survey Equipment Market?
An increase in maritime trade is expected to propel the growth of the hydrographic survey equipment market. Maritime trade, which involves the use of ships to transport goods by sea, is crucially supported by hydrographic surveying, a civil engineering service that maps the physical features of an underwater area. For instance, in 2022, data from the Switzerland-based intergovernmental organization, the United Nations Conference on Trade and Development, projects maritime trade to decelerate to 1.4% in 2022. However, it is anticipated to grow at an annual rate of 2.1% from 2023 to 2027. This steady growth would further fuel the demand for hydrographic survey equipment.
How Is The Hydrographic Survey Equipment Market Segmented?
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
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Which Companies Hold Significant Market Share In The Hydrographic Survey Equipment Market?
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, Hemisphere GNSS, Hydrotechnik Lübeck GmbH, JFE Advantech Co. Ltd., Knudsen Engineering Limited, L-3 Communications Klein Associates Inc.
What Are The Emerging Trends In The Hydrographic Survey Equipment Market?
Technological advancements play a key role in the hydrographic survey equipment market. Companies are focused on developing new solutions to solidify their market position. For instance, in March 2022, Kongsberg Maritime, a European operator in the hydrographic survey equipment market, launched a cNODE Mantis, an addition to acoustic modems that provides a live video feed for multiple subsea installations. This technology supports subsea installation projects by visually monitoring the placement of structures on the seabed.
Which Region Dominates The Hydrographic Survey Equipment Market?
In 2024, Asia-Pacific was the largest region in the hydrographic survey equipment market. The market report covers other regions including Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Exactly Is The Hydrographic Survey Equipment Market Offering?
Hydrographic survey equipment constitutes hardware and software solutions used to collect data needed for creating underwater charts related to water depth, topography, tide measurements, and other physical features. These charts serve to provide surface navigational information. The Hydrographic Survey Equipment Market thus provides a comprehensive view of the global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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