Global Underwater Acoustic Communication Market Size and Forecast 2023-2032|Thales Group, L3Harris Technologies Inc., Teledyne Technologies Inc., Saab AB, Moog Inc.

The Underwater Acoustic Communication Global Market Report 2023, provides comprehensive information on the underwater acoustic communication market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global underwater acoustic communication market size is expected to grow from $1.90 billion in 2022 to $2.15 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of underwater acoustic communication market is expected to reach $3.44 billion in 2027 at a CAGR of 12.4%.

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The adoption of new technologies is a key trend gaining popularity in the underwater acoustic communication market. Major companies operating in the underwater acoustic communication market are adopting new technologies to sustain their position in the market. For instance, in March 2022, Kongsberg Maritime, a Norway-based maritime technology company, launched cNODE MiniS transponder. The new transponder units are primarily intended for placing ROVs, AUVs, and towed bodies. They are also well suited for activities requiring additional depth data or depth assisting, such as detecting subsea structures. It is especially suitable for windfarm installation assistance applications. The 100m-rated unit is appropriate for windfarm installation, and the 1,000m- and 4,000m-rated devices are ideal for subsea construction, deep-water research, towfish tracking, and AUV missions.

The underwater acoustic communication market is segmented:

1) By Interface Platform: Sensor Interface, Acoustic Modem, Other Interface Platforms

2) By Communication Depth: Shallow Water, Medium Water, Long Water, Full Ocean

3) By Application: Environmental Monitoring, Pollution Monitoring, Climate Recording, Hydrography, Oceanography, Other Applications

4) By End-User: Oil And Gas, Military And Defense, Scientific Research And Development, Homeland Security, Marine

North America was the largest region in the underwater acoustic communication market in 2022.

The table of contents in TBRC’s underwater acoustic communication market report includes:

1. Executive Summary

2. Underwater Acoustic Communication Market Characteristics

3. Underwater Acoustic Communication Market Trends And Strategies

4. Underwater Acoustic Communication Market – Macro Economic Scenario

5. Underwater Acoustic Communication Market Segmentation

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26. South America Underwater Acoustic Communication Market

27. Brazil Underwater Acoustic Communication Market

28. Middle East Underwater Acoustic Communication Market

29. Africa Underwater Acoustic Communication Market

30. Underwater Acoustic Communication Market Competitive Landscape And Company Profiles

Top Major Players:

• Thales Group
• L3Harris Technologies Inc
• Teledyne Technologies Inc
• Saab AB
• Moog Inc

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