Global Hydrographic Survey Equipment Market Report and Forecast 2024-2032

Global Hydrographic Survey Equipment Market Outlook

The global hydrographic survey equipment market attained a value of about USD 3.42 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.8% to reach nearly USD 6.19 billion by 2032.

Rising Demand for Hydrographic Survey Equipment in Harbour and Port Management Bolstering the Market Growth

The increasing use of hydrographic survey equipment in ports and harbours is propelling the market growth. As water level changes are crucial to determine the crest elevation of water, hydrographic survey equipment is deployed in the construction of ports and harbours, thereby augmenting the market growth.

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Moreover, the requirement for precise accuracy in the construction of ports and harbours is surging the utilisation of hydrographic survey equipment, which is driving the growth of the industry.

With the growing use of bathymetric data in the maintenance and operations of ports and harbours, the market for hydrographic survey equipment is witnessing robust growth. In addition, such data is further utilised to ensure the safety of vessels, which is significantly contributing to the growth of the hydrographic survey equipment industry. As vessels are increasingly becoming larger and heavier, hydrographic surveys are essential to ensure their compliance with regulatory standards. This, in turn, is further fuelling the market for hydrographic survey equipment.

Hydrographic Survey Equipment: Market Segmentation

Hydrographic survey equipment refers to instruments that are deployed to navigate the physical features of water bodies and land areas near them. It is used to map out water depth and aids in the identification of shapes of the seafloor as well as the location of potential obstructions in water bodies. Hydrographic survey equipment also enhances the safety and efficiency of maritime transportation.

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The major types of hydrographic survey hydrographic are:

• Sensing Systems
• Positioning Systems
• Subsea Sensors
• Software
• Unmanned Vehicles
• Others

By depth, the market is bifurcated into:

• Shallow Water
• Deep Water

The market can be broadly categorised on the basis of its platforms into:

• Surface Vessels
• USVs and UUVs
• Aircraft

Based on application segment, the market is classified into:

• Hydrographic or Bathymetry Survey
• Port and Harbour Management
• Offshore Oil and Gas Survey
• Cable or Pipeline Route Survey
• Others

The market, based on end user, is divided into:

• Commercial
• Research
• Defence

The EMR report looks into the regional markets of hydrographic survey equipment like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Increasing Research Activities on Water Bodies to Propel the Growth of the Hydrographic Survey Equipment Industry

As the attempts to surge the understanding of water bodies is increasing, the demand for hydrographic survey equipment is increasing, thereby invigorating the industry growth. The growing utilisation of autonomous surface vessels to analyse and gain high-resolution topical data in currents and tides, among others, is driving the market growth of hydrographic survey equipment. Moreover, the rising use of hydrographic survey equipment that provides faster and more accurate hydrographic results is augmenting the growth of the market.

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With rapid technological advancements, new technologies are increasingly integrated to efficiently process and analyse large volumes of data derived from hydrographic survey equipment. The development of hydrographic survey equipment that can be efficiently deployed in challenging environments is expected to propel the market growth. Moreover, leading companies are increasingly deploying innovative methods to equip vessels with hydrographic survey equipment for accessing unreachable areas, which is estimated to augment the growth of the industry in the forecast period.

Key Industry Players in the Global Hydrographic Survey Equipment Market

The report presents a detailed analysis of the following key players in the global hydrographic survey equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• EdgeTech
• Valeport Ltd
• CEE HydroSystems
• SyQwest Incorporated
• Teledyne Technologies Incorporated
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report