Hydrographic Survey Equipment Market

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Industries such as oil & gas, defense, etc are expected to drive the growth of the Hydrographic Survey Equipment Market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Hydrographic survey records environmental features of coastal areas, oceans, rivers, seas, and lakes and the equipment used to carry out such surveys are called hydrographic survey equipment. Hydrographic survey is the science of measurement and description of features that affect maritime navigation, marine construction, dredging, offshore oil exploration/offshore oil drilling, and related activities. The aim of this survey is to ensure maritime navigation safety. Offshore industries such as oil & gas encourage the growth of the global hydrographic survey equipment market. Other factors responsible for market growth are the development of offshore marine infrastructure fields such as bridges, effluent disposal systems, and ports for various industries and coastal thermal power plants where it uses seawater as a coolant.

Key Factors Impacting Market Growth:

• Growth in maritime trade in developing economies such as India and China
• High investment cost and seasonal demand affecting sales of hydrographic survey equipment
• Technological advancements in hydrographic survey equipment offer growth opportunities in the hydrographic survey equipment market
• Fluctuation in prices of oil and gas is the biggest challenge for the market

Regional Outlook:

The Global Hydrographic Survey Equipment Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. The rest of the World includes South America and Africa. North America and the European region have been traditional regions for the aerospace & defense sector with the presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for the global hydrographic survey equipment market during the forecast period. Major countries in these regions include the US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region. The Asia Pacific is estimated to be the fastest-growing region with increasing expenditure on defense and space research. With the presence of some of the fastest-growing economies including India and China, this region is projected to be a major market for global hydrographic survey equipment during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for the global hydrographic survey equipment market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of the World is an emerging market for global hydrographic survey equipment with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered: Trimble Navigation Limited, Nikon-Trimble Co., Ltd., Faro Technologies, Inc., Atlas Electronik GmbH, Thales Group, and Hexagon AB. Other players influencing the global market are Teledyne Technologies, Inc., Topcon Corporation, Seco, Kongberg Gruppen ASA, and Raytheon Company., Innomar Technologies, Edgetech, Sonardyne International, Mitcham Industries, Tritech International, Ixblue, Syqwest, Sonartech/Sonarbeam, Valeport, Xylem, Chesapeake Technology, Saab, and ESRI…

Market Segmentation:

By Type:

• Sensing System
• GNSS/GPS
• Positioning System
• Subsea System
• Software
• Unmanned Vehicles
• Detection & Safety
• Scanners
• Acoustic Underwater System

By Depth:

• Shallow Water
• Deep Water

By Application:

• Commercial
• Research
• Defense

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Type
  • By Depth
  • By Application

• Europe
  • By Country (Germany, UK, France, Italy, Spain, Russia, Rest of Europe)
  • By Type
  • By Depth
  • By Application

• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Indonesia, Singapore, Rest of Asia Pacific)
  • By Type
  • By Depth
  • By Application

• Central and South America
  • By Country (Brazil, Argentina, Rest of South America)
  • By Type
  • By Depth
  • By Application

• Middle East and Africa
  • By Region (Saudi Arabia, Turkey, Rest of the Middle East and Africa)
  • By Type
  • By Depth
  • By Application

Reasons To Buy This Report:

• Market size estimation of the hydrographic survey equipment market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

For more information, contact: sales@quincemarketinsights.com

Hydrographic survey records environmental features of coastal areas, oceans, rivers, seas, and lakes and the equipment used to carry out such surveys are called hydrographic survey equipment. Hydrographic survey is the science