Market Overview:
The global underwater transducer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydrophones and other underwater transducers for various applications such as transmitting, sonar, and others. Moreover, the growing popularity of recreational diving is also propelling the growth of this market. However, factors such as high installation cost and lack of skilled professionals are restraining the growth of this market. On the basis of type, low frequency underwater transducers held a major share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their ability to transmit sound waves over long distances without losing clarity or intensity.
Product Definition:
An underwater transducer is a device that emits sound waves and detects the reflections of those waves off objects in the water. This information can be used to create a map of the underwater environment, identify objects in the water, or measure distances between objects.
Low Frequency:
Low frequency (LF) is a vibration with a period of time less than 1 second. The sound waves have higher frequencies than the human voice usually ranges from 20 to 16,000 hertz. Low-frequency sound waves are generated by underwater transducers and used for measuring water depth or liquid level in tanks without the need for any other equipment.
Intermediate Frequency:
Intermediate frequency (IF) is the middle band of a very high or very low range radio frequency. It can be used as an underwater transducer to measure water temperature, depth and salinity with great accuracy and precision. IF is also known as intermediate waveband which means it occupies a place between lower/ upper CBR bands at the same frequencies. Lower CBR bands are used for long-range communication while upper CBRs help in monitoring weather conditions from satellites.
Application Insights:
The hydrophone application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The demand for these devices is primarily driven by their applications in military, oil & gas and marine industries. Hydrophones are used to collect acoustic data underwater, which can be processed using digital signal processing techniques to extract information from the sound waves.
Transmitting applications are expected to witness a CAGR of XX% over the forecast period owing to its increasing use in renewable energy projects such as wind turbines and solar panels across various industries such as power generation, telecoms etc.
Regional Analysis:
Asia Pacific dominated the global underwater transducer market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for marine survey equipment, rising offshore oil & gas activities, and growing fishing industry. Moreover, rising number of hydropower projects in China & India are expected to drive product demand over the next eight years.
The Asia Pacific underwater transducer market is also driven by other factors such as favorable government policies regarding marine surveys and fisheries monitoring that encourage foreign investments along with high economic growth rate of emerging economies such as China & India which leads to an increase in domestic consumption for products including Underwater Transducers (UTs).
North America emerged as a prominent regional market owing to presence of major UT manufacturers along with several UT-based companies providing services such as installation/service contracts or rental agreements for ships’ operators.
Growth Factors:
- Increasing demand for underwater transducers in the defense sector for sonar applications is expected to drive the market growth.
- The increasing use of underwater transducers in oil and gas exploration and production activities is also anticipated to fuel the market growth over the forecast period.
- Growing popularity of unmanned underwater vehicles (UUVs) is projected to create new opportunities for the underwater transducer market during the forecast period.
- Rising demand from end-use industries such as marine, defense, aerospace, and oil & gas is expected to propel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Underwater Transducer Market Research Report
By Type
Low Frequency, Intermediate Frequency, High Frequency
By Application
Hydrophone, Transmitting, Others
By Companies
Teledyne Reson, Benthowave, Chelsea, Ace Aquatec, Lubell Labs, DSPComm, Aphysci, Sensor Technology, Technologies Group, Neptune Sonar Ltd, Teledyne Reson, Directindustry
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Underwater Transducer Market Report Segments:
The global Underwater Transducer market is segmented on the basis of:
Types
Low Frequency, Intermediate Frequency, High Frequency
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
Hydrophone, Transmitting, Others
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:
- Teledyne Reson
- Benthowave
- Chelsea
- Ace Aquatec
- Lubell Labs
- DSPComm
- Aphysci
- Sensor Technology
- Technologies Group
- Neptune Sonar Ltd
- Teledyne Reson
- Directindustry
Highlights of The Underwater Transducer 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:
- Low Frequency
- Intermediate Frequency
- High Frequency
- By Application:
- Hydrophone
- Transmitting
- Others
- 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 Underwater Transducer 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?
Underwater transducers are devices that convert sound waves into electrical signals. They are used to transmit sound and data underwater.
Some of the major companies in the underwater transducer market are Teledyne Reson, Benthowave, Chelsea, Ace Aquatec, Lubell Labs, DSPComm, Aphysci, Sensor Technology, Technologies Group, Neptune Sonar Ltd, Teledyne Reson, Directindustry.
The underwater transducer 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 Underwater Transducer 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 Underwater Transducer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Underwater Transducer 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 Underwater Transducer 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 Underwater Transducer Market Size & Forecast, 2018-2028
4.5.1 Underwater Transducer Market Size and Y-o-Y Growth
4.5.2 Underwater Transducer Market Absolute $ Opportunity
Chapter 5 Global Underwater Transducer 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 Underwater Transducer Market Size Forecast by Type
5.2.1 Low Frequency
5.2.2 Intermediate Frequency
5.2.3 High Frequency
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Underwater Transducer 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 Underwater Transducer Market Size Forecast by Applications
6.2.1 Hydrophone
6.2.2 Transmitting
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Underwater Transducer 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 Underwater Transducer 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 Underwater Transducer Analysis and Forecast
9.1 Introduction
9.2 North America Underwater Transducer 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 Underwater Transducer Market Size Forecast by Type
9.6.1 Low Frequency
9.6.2 Intermediate Frequency
9.6.3 High Frequency
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 Underwater Transducer Market Size Forecast by Applications
9.10.1 Hydrophone
9.10.2 Transmitting
9.10.3 Others
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 Underwater Transducer Analysis and Forecast
10.1 Introduction
10.2 Europe Underwater Transducer 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 Underwater Transducer Market Size Forecast by Type
10.6.1 Low Frequency
10.6.2 Intermediate Frequency
10.6.3 High Frequency
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 Underwater Transducer Market Size Forecast by Applications
10.10.1 Hydrophone
10.10.2 Transmitting
10.10.3 Others
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 Underwater Transducer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Underwater Transducer 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 Underwater Transducer Market Size Forecast by Type
11.6.1 Low Frequency
11.6.2 Intermediate Frequency
11.6.3 High Frequency
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 Underwater Transducer Market Size Forecast by Applications
11.10.1 Hydrophone
11.10.2 Transmitting
11.10.3 Others
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 Underwater Transducer Analysis and Forecast
12.1 Introduction
12.2 Latin America Underwater Transducer 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 Underwater Transducer Market Size Forecast by Type
12.6.1 Low Frequency
12.6.2 Intermediate Frequency
12.6.3 High Frequency
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 Underwater Transducer Market Size Forecast by Applications
12.10.1 Hydrophone
12.10.2 Transmitting
12.10.3 Others
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) Underwater Transducer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Underwater Transducer 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) Underwater Transducer Market Size Forecast by Type
13.6.1 Low Frequency
13.6.2 Intermediate Frequency
13.6.3 High Frequency
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) Underwater Transducer Market Size Forecast by Applications
13.10.1 Hydrophone
13.10.2 Transmitting
13.10.3 Others
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 Underwater Transducer Market: Competitive Dashboard
14.2 Global Underwater Transducer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teledyne Reson
14.3.2 Benthowave
14.3.3 Chelsea
14.3.4 Ace Aquatec
14.3.5 Lubell Labs
14.3.6 DSPComm
14.3.7 Aphysci
14.3.8 Sensor Technology
14.3.9 Technologies Group
14.3.10 Neptune Sonar Ltd
14.3.11 Teledyne Reson
14.3.12 Directindustry
