Hydrographic Survey Equipment Market Size, Trend, Analysis, Growth, Forecast 2020 to 2028


Global Hydrographic Survey Equipment Market.

Market Forecast

Global Hydrographic Survey Equipment Market is projected to be valued at USD 3,760 Million by 2028, registering a CAGR of 5.41% from 2020 to 2028. 

The rise in maritime commerce is propelling the growth of this market. Transport has also significantly contributed to the expansion of the hydrographic survey equipment market. The hydrographic squadron of the British Royal Navy replaced its aging HMS Gleaner survey ship with the new hydrographic survey vessel, HMS Magpie. The increasing procurement of such hydrographic survey vessels by various countries is creating a strong demand for hydrographic equipment. This is expected to drive the market growth for hydrographic equipment during the forecast period.

However, factors including stringent regulations implemented by government authorities for the execution of hydrographic surveys, the high investment cost, as well as the lack of technical expertise in undertaking hydrographic surveys is expected to hinder the market growth.

Market USP

Increasing investment in autonomous vessels with advanced technologies is expected to drive the growth of the market.

Growth Opportunities in the Market

Unmanned Vehicles Segment to Register the Highest Growth Rate: The unmanned vehicles segment is expected to register the highest CAGR during the forecast period, 2020 to 2028. The use of unmanned vehicles increases safety during critical operations due to minimal human intervention and reduces the associated risks and costs as compared to the use of manned vehicles.

Deepwater Segment Is Expected to Grow at Higher CAGR: The deepwater segment is projected to record the higher CAGR during the review period. The increasing number of deepwater operations in oil field development projects in the Gulf of Mexico, Brazil, and West Africa, as well as other emerging regions, is expected to drive the growth of the segment.

Offshore Oil & Gas Segment Expected to Register the Highest CAGR: The offshore oil & gas survey segment is estimated to register the highest CAGR during the forecast period. The offshore oil & gas industry relies on survey & positioning for exploration and planning facilities, construction, and maintenance. The rising demand for crude oil energy across the world is also a significant factor in driving the growth of this segment.

Commercial Segment to Dominate the Market: The commercial segment is projected to be the fastest-growing segment during the forecast period. An increase in dredging operations, pipeline & cable laying, oil & gas exploration, offshore surveys, and drilling activities by commercial companies is expected to drive the growth of the segment.

Key Players

Kongsberg Gruppen ASA (Norway)

Chesapeake Technology (US)

EdgeTech (US)

Environmental Systems Research Institute, Inc. (ESRI) (US)

Innomar Technologie GmbH (Germany)

Ixblue SAS (France)

Mitcham Industries Inc. (US)

Saab AB (Sweden)

Sonardyne International Ltd. (UK)

Ixblue SAS (France)

Other Prominent Players

Syqwest Inc. (US)

Teledyne Technologies Inc. (US)

Tritech International Ltd. (UK)

Valeport Ltd. (UK)

Xylem, Inc. (US)

Moog Inc. (US)

Seafloor Systems Inc. (US)

Raytheon Technologies Corporation (US)

Thales Group (France)


Browse Full Report Details @ https://www.marketresearchfuture.com/reports/hydrographic-survey-equipment-market-9624


Showing 0 results
Your Answer

Please first to submit.

Get involved


As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us


Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs


Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.