Underwater Acoustic Communication

Underwater Acoustic Communication
Global Underwater Acoustic Communication Market to Reach $3.6 Billion by 2030
The global market for Underwater Acoustic Communication estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$3.6 Billion by 2030, growing at a CAGR of 11.1% over the period 2022-2030. Sensor Interface, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Acoustic Modem segment is estimated at 12.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $499.7 Million, While China is Forecast to Grow at 13.1% CAGR
The Underwater Acoustic Communication market in the U.S. is estimated at US$499.7 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$611.7 Million by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.2% and 10.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.Select Competitors (Total 46 Featured) - QinetiQ Group PLCQinetiQ North America, Inc.Proserv UK Ltd.Aquatec Group Ltd.DspcommBaltRobotics Sp.z.o.o.EvoLogics GmbHiXBlue SASLinkQuest Inc.Sonardyne International Ltd.Nortek GroupSercelMistral Inc.Alseamar-alcenDesert Star Systems LLCPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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