Market Overview:
The global echo sounders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increase in maritime trade, rise in demand for advanced navigational equipment, and increase in spending on defense by countries across the world. The global echo sounders market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into dual frequency echo sounder and single frequency echo sounder. Dual frequency echo sounders are further sub-segmented into pulse compression dual frequency (PCDF)echo Sounders and swept-frequency dual-frequency (SFDF)echo Sounders. Single frequency Echo Sounder are further sub-segmented into narrowband single-frequency (NSF)echo Soundersand broadband single-frequency(BSF)echo Sounders .
Product Definition:
An echo sounder is a type of sonar that uses sound waves to measure the depth of water. Echo Sounders are important for navigation, fishing and studying marine life.
Dual Frequency Echo Sounder:
Dual frequency echo sounder is a device used to measure the depth of water and other liquids. It works on the principle of ultrasonic vibrations that are generated in the liquid and reflected back to the transducer. The time taken for these reflections to occur is recorded and used for determining water depth.
Single Frequency Echo Sounder:
Single frequency echo sounder is a device used to measure the depth of water. It works on the principle of creating a pulse and then measuring the time it takes for that pulse to return. The faster or longer the time taken,the deeper is the water and vice-versa.
The single frequency echo sounder has different applications in different types of ships including tugs, tankers, barges, etc.
Application Insights:
The marine survey application segment dominated the global echo Sounders market in terms of revenue share in 2017. The growth can be attributed to the growing use of these systems for patrolling and tracking submarines across the world's oceans. Moreover, increasing adoption of multi-beam echosounders by major maritime nations such as India, China, Japan and Australia is expected to drive demand over the forecast period.
Fishing was another prominent application segment that accounted for a significant market share in 2017 owing to extensive usage along with other applications such as offshore oil & gas exploration and hydrographic surveys among others. The technology used has helped reduce casting nets by 80% which results into lesser damage done to fish eggs or fry due to entrapment within fishing nets leading to reduced mortality rate among juvenile fishes species particularly at sea areas with high fishing activities globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing offshore oil and gas activities, marine research, and fishing activities across U.S., Canada, and Mexico. Moreover, rising demand for recreational boating is also anticipated to drive the regional product demand over the forecast period.
The Asia Pacific market for echo Sounders is expected to witness significant growth during the forecast years on account of increasing government spending on maritime transportation facilities across China.
Europe's Echo Sounders Market Size Is Expected To Surpass The North American Market By 2030 Due To Increasing Fishing And Recreational Boating Trends In European Countries Such As Norway And U.K.
Growth Factors:
- Increasing demand from the commercial sector for echo sounders as a tool to improve safety and efficiency in operations
- Growing popularity of echo sounders in the recreational boating market
- Advances in technology that have led to smaller, more affordable and easier-to-use echo Sounders
- The increasing number of coastal communities implementing regulations requiring the use of echo Sounders by vessels operating within their waters
- The growing awareness among consumers of the importance of using echo Sounders for safe navigation
Scope Of The Report
Report Attributes
Report Details
Report Title
Echo Sounders Market Research Report
By Type
Dual Frequency Echo Sounder, Single Frequency Echo Sounder
By Application
Marine Survey, Fishing, Other
By Companies
Merchant Marine, FURUNO ELECTRIC, Teledyne Odom Hydrographic, CEE HydroSystems, Lowrance, Simrad, Syqwest, SKIPPER, Sonardyne, SEA, Koden
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Echo Sounders Market Report Segments:
The global Echo Sounders market is segmented on the basis of:
Types
Dual Frequency Echo Sounder, Single Frequency Echo Sounder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Marine Survey, Fishing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Merchant Marine
- FURUNO ELECTRIC
- Teledyne Odom Hydrographic
- CEE HydroSystems
- Lowrance
- Simrad
- Syqwest
- SKIPPER
- Sonardyne
- SEA
- Koden
Highlights of The Echo Sounders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dual Frequency Echo Sounder
- Single Frequency Echo Sounder
- By Application:
- Marine Survey
- Fishing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Echo Sounders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Echo Sounders is a Seattle-based startup that provides voice-activated assistant technology for cars. The company's Echo Auto product allows drivers to control their vehicles using voice commands, and it has been installed in more than 1 million vehicles worldwide.
Some of the major companies in the echo sounders market are Merchant Marine, FURUNO ELECTRIC, Teledyne Odom Hydrographic, CEE HydroSystems, Lowrance, Simrad, Syqwest, SKIPPER, Sonardyne, SEA, Koden.
The echo sounders market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Echo Sounders Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Echo Sounders Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Echo Sounders Market - Supply Chain
4.5. Global Echo Sounders Market Forecast
4.5.1. Echo Sounders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Echo Sounders Market Size (000 Units) and Y-o-Y Growth
4.5.3. Echo Sounders Market Absolute $ Opportunity
5. Global Echo Sounders Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Echo Sounders Market Size and Volume Forecast by Type
5.3.1. Dual Frequency Echo Sounder
5.3.2. Single Frequency Echo Sounder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Echo Sounders Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Echo Sounders Market Size and Volume Forecast by Application
6.3.1. Marine Survey
6.3.2. Fishing
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Echo Sounders Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Echo Sounders Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Echo Sounders Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Echo Sounders Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Echo Sounders Demand Share Forecast, 2019-2026
9. North America Echo Sounders Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Echo Sounders Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Echo Sounders Market Size and Volume Forecast by Application
9.4.1. Marine Survey
9.4.2. Fishing
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Echo Sounders Market Size and Volume Forecast by Type
9.7.1. Dual Frequency Echo Sounder
9.7.2. Single Frequency Echo Sounder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Echo Sounders Demand Share Forecast, 2019-2026
10. Latin America Echo Sounders Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Echo Sounders Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Echo Sounders Market Size and Volume Forecast by Application
10.4.1. Marine Survey
10.4.2. Fishing
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Echo Sounders Market Size and Volume Forecast by Type
10.7.1. Dual Frequency Echo Sounder
10.7.2. Single Frequency Echo Sounder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Echo Sounders Demand Share Forecast, 2019-2026
11. Europe Echo Sounders Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Echo Sounders Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Echo Sounders Market Size and Volume Forecast by Application
11.4.1. Marine Survey
11.4.2. Fishing
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Echo Sounders Market Size and Volume Forecast by Type
11.7.1. Dual Frequency Echo Sounder
11.7.2. Single Frequency Echo Sounder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potntial Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Echo Sounders Demand Share, 2019-2026
12. Asia Pacific Echo Sounders Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Echo Sounders Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Echo Sounders Market Size and Volume Forecast by Application
12.4.1. Marine Survey
12.4.2. Fishing
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Echo Sounders Market Size and Volume Forecast by Type
12.7.1. Dual Frequency Echo Sounder
12.7.2. Single Frequency Echo Sounder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Echo Sounders Demand Share, 2019-2026
13. Middle East & Africa Echo Sounders Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Echo Sounders Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Echo Sounders Market Size and Volume Forecast by Application
13.4.1. Marine Survey
13.4.2. Fishing
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Echo Sounders Market Size and Volume Forecast by Type
13.7.1. Dual Frequency Echo Sounder
13.7.2. Single Frequency Echo Sounder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Echo Sounders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Echo Sounders Market: Market Share Analysis
14.2. Echo Sounders Distributors and Customers
14.3. Echo Sounders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Merchant Marine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FURUNO ELECTRIC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Teledyne Odom Hydrographic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CEE HydroSystems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lowrance
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Simrad
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Syqwest
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SKIPPER
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sonardyne
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SEA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Koden
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook