A study on the Underwater Wireless Communication Market has been conducted to understand the landscape in 2022.
Survey Period: November 08 – November 16, 2022
Researcher: SDKI Inc.
Survey Base: We surveyed 536 market players of all sizes.
Number of valid answers: 536
Survey method: 224 field surveys, 312 internet surveys
Survey Respondents: The survey was conducted among companies based on revenue. Survey results:
Question: What made you want underwater wireless communication technology? Wireless communication technology plays an important role in our daily life. Technological innovations and advancements over the last few years have led to the use of wireless communication technology for underwater applications for the following reasons:
Underwater wireless communication (UWC) is replacing wired wireless systems due to its high communication reliability.
UWC technology eliminates cables, reduces deployment and maintenance time, and increases flexibility.
In unmanned underwater vehicles (UUV), wireless underwater
communication employs other technologies such as acoustic, optical, and magnetic induction for underwater communication.
Q: What is the underwater wireless communication market size? What is the expected revenue size?
The global underwater wireless communication (UWC) market is valued at USD 4 billion in 2021 and is projected to reach USD 22 billion by 2035, growing at a CAGR of 23%.
Question: What are the factors driving the growth of the underwater wireless communications market?
Various factors driving the growth of the underwater wireless communication market are:
Growing offshore oil and gas industry – Underwater wireless
communication technology to transfer information relying on radio frequency, light and acoustic transmission forms a key factor in oil and gas exploration activities. Offshore oil and gas exploration activities require efficient remote control and data recovery. This is to cover a wide variety of communication tasks by tightly integrating communication systems with other instruments.
Water Pollution Monitoring – Underwater wireless communication is required to collect data from the seafloor and analyze it for comparative and general research.
Data Transmission Between Ships –Underwater wireless communication systems are critical for transmitting data and require a suitable network. Thick cables have been used for the past two decades to establish high-speed communication channels between remote sources and the surface of the earth. However, its high cost and low durability are major drawbacks. Real-time Surveillance, Surveillance, and New Object Detection – Wireless communication not only facilitates underwater surveillance and surveillance, but also helps detect natural phenomena and climate change.
Facilitating cost-effective underwater development: Less investment in infrastructure and management, better results.
Q: What are the challenges associated with the underwater wireless communications market?
The major constraints challenging the underwater wireless
communications market are:-
Security concerns when transmitting radio signals
Limited bandwidth and power constraints
The transit time of a message since the speed of sound is several orders of magnitude slower than the speed of light. Packet transit time between underwater wireless communication nodes is also a big issue.
Q: How is the underwater wireless communications market segmented? The underwater wireless communications market is segmented as follows: By Application (Oil & Gas Industry, Military & Defense Industry, Scientific Research & Development, Marine Industry)
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Based on application, the market is segmented into oil and gas, military and defense, scientific research and development, marine, and others. Military and defense accounts for the largest market share as of 2021.Underwater wireless communications in military and defense applications are primarily used for harbor monitoring and control, mine detection, and border protection from illegal battleships or submarines. It focuses on protection, and conducting distributed tactical surveillance. It uses a combination of underwater sensors to proactively identify potential enemies.
By product (acoustic communication, optical communication, RF communication) The product segments are classified into acoustic, optical, and RF communications. Among them, optical communication is expected to capture the largest market share. Due to its wide bandwidth, underwater wireless communications can support higher data rates at low latency levels compared to their acoustic and RF counterparts. [Image 3
Question: Who are the key players in the underwater wireless communications market and what are some of the recent developments? Key players in the underwater wireless communications market include Aquatec Group Ltd, BaltRobotics, Sp.z.o.o., DSPComm, SONARDYNE, SubneroPte Ltd., Teledyne Technologies Incorporated, EvoLogics GmBH, Kongsberg Gruppen, Furgo, Saab AB, and others.
Latest developments in this field
The Teledyne Marine TSS SATURN navigation gyrocompass range is the first to be approved in the UK and carry the UK ‘Red Ensign’ conformity mark for installation on UK registered vessels.
Sonardyne has launched the new Initiation Transponder 6 (IT 6) designed to connect directly to remotely deployed non-electrical demining equipment such as ECS Special Projects’ Viper MDS. It aims to improve the safety and efficiency of unexploded ordnance (UXO) clearance during offshore energy.
Q: Which regions offer profitable growth opportunities for the underwater wireless communications market?
North America is currently leading the underwater wireless
communications market. This is due to the massive adoption of remote applications for underwater surveillance in various industries. According to a report, the US underwater acoustic communications market was estimated at USD 458 million in 2021. The country accounts for 32% of the global market share. Canada is also projected to grow at 9.5% during the analysis period.
Asia Pacific follows closely. China is estimated to reach a market size of USD 380 million in 2026, reaching a CAGR of 12% throughout the analysis period. Other notable geographic markets in the region include Japan and South Korea.
In Europe, Germany is expected to grow at a CAGR of around 8.9%, while the rest of the European market is estimated to reach USD 423.5 million over the next decade.
SKI’s purpose is to provide clients with reliable research insights including growth indicators, challenges, trends and the competitive landscape. We have the expertise to work with various market sectors to provide our clients with the best possible service and help them make smart decisions.
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