Market Overview:
The global ship echo sounder 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 number of cruise ships. Based on type, the global ship echo sounder market is segmented into dual frequency echo sounder and single frequency echo sounder. Dual frequency echo sounders are expected to hold a larger share of the market during the forecast period owing to their ability to provide accurate depth measurements even in deep waters. Based on application, the global ship Echo Sounder Market is segmented into deep water and shallow water applications.
Product Definition:
A ship echo sounder is a device used to measure the depth of water beneath a vessel. It emits an acoustic pulse that travels down through the water and is reflected off the seafloor. The time it takes for the pulse to return to the sounder can be used to calculate the depth of water at that location. Ship echo sounders are important for navigation, as they allow vessels to avoid shallow or hazardous areas.
Dual Frequency Echo Sounder:
The dual frequency echo sounder is a device used to measure the depth of water bodies. It works on the principle of sending out two short pulses of acoustic energy, one after the other. The time between these two pulses is measured and an accurate reflection of wave action in deep water can be determined.
The primary application area for this device includes commercial.
Single Frequency Echo Sounder:
Single frequency echo sounder is a device used for measuring the depth of water surface under ship. It works on the principle of acoustic signal reflection, which is generated by underwater object and return to the transducer unit. The data collected by this device is used for determining water depth near the ship’s hull.
Application Insights:
The deep water segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing use of deep-water Echo Sounders for oil and gas exploration, marine navigation, offshore wind energy production and other applications.
The shallow water segment is expected to witness significant growth over the forecast period owing to its rising adoption for coastal bathymetric mapping, hydrographic surveying and oceanographic research applications. Shallow-water sounders provide continuous coverage across a range of frequencies which enables users to cover large areas of sea floor with a single system while maintaining good accuracy at depth. These systems are also used extensively by fishermen as an aid in fishing activities by providing accurate information on sea conditions such as temperature, salinity and current strength etc., thereby driving their demand globally over the forecast period.
Regional Analysis:
North America dominated the global ship echo sounder market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major players such as Sea Echo Systems, Inc.; Simrad Electronics; and Global Marine Advanced Sensing (GMS). The region is expected to maintain its dominance throughout the forecast period owing to technological advancements and increasing demand for advanced marine technology.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising government initiatives pertaining maritime safety & security along with growing offshore oil & gas exploration activities in this region. Increasing number of accidents involving ships are also driving manufacturers from different sectors including defense industry, electronics industry, and others towards providing solutions that can be integrated on-board vessels thus improving their efficiency and enhancing their safety features thereby augmenting market growth during the estimated time span.
Growth Factors:
- Increasing demand for maritime transportation: The global seaborne trade has been growing at a CAGR of around 4% in the past few years and is expected to grow further in the coming years, driven by factors such as globalization, rising middle-class population, and increasing trade among developing countries. This is expected to result in an increase in demand for echo sounders over the forecast period.
- Technological advancements: Echo sounders are becoming increasingly sophisticated with each new generation, with features such as 3D imaging and color displays becoming more common. This is resulting in increased adoption of echo sounders by shipping companies, which is driving market growth.
- Regulatory mandates: Many countries have introduced regulations mandating the use of echo sounders on certain types of vessels or within specific areas (e.g., near coastal areas). Such regulations are helping to drive market growth as shipping companies invest in echo sounders to comply with these mandates.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Echo Sounder Market Research Report
By Type
Dual Frequency Echo Sounder, Single Frequency Echo Sounder
By Application
Deep Water, Shallow Water
By Companies
JRC USA, Kongsberg Maritime, Raytheon Anschütz, SKIPPER Electronics, Furuno, Consilium Marine & Safety, GEM Elettronica, FURUNO DEEPSEA, Raymarine, Koden Electronics, JRC USA, Teledyne Odom Hydrographic, CEE HydroSystems, Lowrance, Simrad, Syqwest, Sonardyne
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Ship Echo Sounder Market Report Segments:
The global Ship Echo Sounder 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
Deep Water, Shallow Water
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:
- JRC USA
- Kongsberg Maritime
- Raytheon Anschütz
- SKIPPER Electronics
- Furuno
- Consilium Marine & Safety
- GEM Elettronica
- FURUNO DEEPSEA
- Raymarine
- Koden Electronics
- JRC USA
- Teledyne Odom Hydrographic
- CEE HydroSystems
- Lowrance
- Simrad
- Syqwest
- Sonardyne
Highlights of The Ship Echo Sounder 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:
- Deep Water
- Shallow Water
- 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 Ship Echo Sounder 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.
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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?
Ship Echo Sounder is a sound detection and ranging instrument aboard the NOAA Ship Okeanos Explorer. It uses a hydrophone array to listen for acoustic signals in water, measuring both long and short-period waves. These data are used to map the seafloor, measure ocean temperature, and track marine life.
Some of the major companies in the ship echo sounder market are JRC USA, Kongsberg Maritime, Raytheon Ansch¼tz, SKIPPER Electronics, Furuno, Consilium Marine & Safety, GEM Elettronica, FURUNO DEEPSEA, Raymarine, Koden Electronics, JRC USA, Teledyne Odom Hydrographic, CEE HydroSystems, Lowrance, Simrad, Syqwest, Sonardyne.
The ship echo sounder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ship Echo Sounder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ship Echo Sounder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ship Echo Sounder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ship Echo Sounder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ship Echo Sounder Market Size & Forecast, 2018-2028
4.5.1 Ship Echo Sounder Market Size and Y-o-Y Growth
4.5.2 Ship Echo Sounder Market Absolute $ Opportunity
Chapter 5 Global Ship Echo Sounder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ship Echo Sounder Market Size Forecast by Type
5.2.1 Dual Frequency Echo Sounder
5.2.2 Single Frequency Echo Sounder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ship Echo Sounder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ship Echo Sounder Market Size Forecast by Applications
6.2.1 Deep Water
6.2.2 Shallow Water
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ship Echo Sounder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ship Echo Sounder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ship Echo Sounder Analysis and Forecast
9.1 Introduction
9.2 North America Ship Echo Sounder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ship Echo Sounder Market Size Forecast by Type
9.6.1 Dual Frequency Echo Sounder
9.6.2 Single Frequency Echo Sounder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ship Echo Sounder Market Size Forecast by Applications
9.10.1 Deep Water
9.10.2 Shallow Water
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ship Echo Sounder Analysis and Forecast
10.1 Introduction
10.2 Europe Ship Echo Sounder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ship Echo Sounder Market Size Forecast by Type
10.6.1 Dual Frequency Echo Sounder
10.6.2 Single Frequency Echo Sounder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ship Echo Sounder Market Size Forecast by Applications
10.10.1 Deep Water
10.10.2 Shallow Water
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ship Echo Sounder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ship Echo Sounder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ship Echo Sounder Market Size Forecast by Type
11.6.1 Dual Frequency Echo Sounder
11.6.2 Single Frequency Echo Sounder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ship Echo Sounder Market Size Forecast by Applications
11.10.1 Deep Water
11.10.2 Shallow Water
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ship Echo Sounder Analysis and Forecast
12.1 Introduction
12.2 Latin America Ship Echo Sounder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ship Echo Sounder Market Size Forecast by Type
12.6.1 Dual Frequency Echo Sounder
12.6.2 Single Frequency Echo Sounder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ship Echo Sounder Market Size Forecast by Applications
12.10.1 Deep Water
12.10.2 Shallow Water
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ship Echo Sounder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ship Echo Sounder Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ship Echo Sounder Market Size Forecast by Type
13.6.1 Dual Frequency Echo Sounder
13.6.2 Single Frequency Echo Sounder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ship Echo Sounder Market Size Forecast by Applications
13.10.1 Deep Water
13.10.2 Shallow Water
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ship Echo Sounder Market: Competitive Dashboard
14.2 Global Ship Echo Sounder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JRC USA
14.3.2 Kongsberg Maritime
14.3.3 Raytheon Anschütz
14.3.4 SKIPPER Electronics
14.3.5 Furuno
14.3.6 Consilium Marine & Safety
14.3.7 GEM Elettronica
14.3.8 FURUNO DEEPSEA
14.3.9 Raymarine
14.3.10 Koden Electronics
14.3.11 JRC USA
14.3.12 Teledyne Odom Hydrographic
14.3.13 CEE HydroSystems
14.3.14 Lowrance
14.3.15 Simrad
14.3.16 Syqwest
14.3.17 Sonardyne
