USD 1.8 billion
Underwater Acoustic Modems Market Size, Share, and Growth Analysis
Underwater Acoustic Modems Market By Type (Shallow Water Acoustic Modems, Medium Water Acoustic Modems), By Interface (RS-232 Interface, RS-485 Interface), By Depth Range, By End User, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45J2157 |
Region:
Global |
Published Date: December, 2024
Pages:
165
|Tables:
64
|Figures:
75
Format -
Underwater Acoustic Modems Market Insights
Global Underwater Acoustic Modems Market size was valued at USD 1.8 billion in 2023 and is poised to grow from USD 1.95 billion in 2024 to USD 3.66 billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032).
Acoustic modems, or underwater modems, are used to send and receive data and voice communications below the water's surface. Digital signals are converted into underwater-transmittable sound waves via underwater modems, allowing for the conversation below the waves. Underwater modems operate by modulating and demodulating communication signals in a manner distinct from that which occurs on dry ground. Underwater modem manufacturers are working on cutting-edge innovations to boost the reliability of wireless data transmission below the waves. This market is gaining momentum due to increasing participation and continuous research and development to develop high-quality signal transmitters to have seamless underwater communication which will propel the underwater acoustic modems’ growth during the forecast period.
US Underwater Acoustic Modems Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Submarine Communications
Fastest Growth
Submarine Communications
Growth Rate
8.2% CAGR
Global Underwater Acoustic Modems Market 2022-2028 ($ Mn)
Country Share for North America Region- 2021 (%)
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Underwater Acoustic Modems Market Segments Analysis
Global Underwater Acoustic Modems Market is segmented by Type, Interface, Depth Range, End User and region. Based on Type, the market is segmented into Shallow Water Acoustic Modems, Medium Water Acoustic Modems, Long-Range Acoustic Modems and Full Ocean Depth Acoustic Modems. Based on Interface, the market is segmented into RS-232 Interface, RS-485 Interface, Ethernet Interface and Others. Based on Depth Range, the market is segmented into Below 1000 Meters, 1000–6,000 Meters, Above 6,000 Meters. Based on End User, the market is segmented into Oil & Gas Industry, Military & Defense, Scientific Research Organizations, Commercial Organizations and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Underwater Acoustic Modems Market Analysis by Application
The global underwater acoustic modems market is dominated by the defense sector in the year 2021 as its mainly used in submarines for underwater communication and data sharing. Such as, data and intelligence are collected via underwater acoustic modems, which are then used for data transmission. As the amount of data transmitted every day grows, more storage space within modems is required which is fulfilled by the use of standardized data loggers that can store a large amount of data for later use. The use of an underwater acoustic modem for the exploration of oil and natural gas fields is expected to show tremendous growth during the analysis period. These are some of the major factors that are propelling the demand for an acoustic modem and will drive the market growth during the forecast period.
Global Underwater Acoustic Modems Market By Application, 2021 (%)
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Underwater Acoustic Modems Market Regional Insights
In 2021, North America accounted for the largest market share of the global market and is expected to do so during the analysis period. The US accounts for the largest naval fleet globally and consists of the highest submarine count that is equipped with underwater acoustic modems which are mainly used in the defense sector or by the navy for storing valuable information and other sensitive data. Increasing defense expenditure and growing R&D in naval ships are the major drivers for the use of these acoustic modems in it and will drive the market during the forecast period.
Global Underwater Acoustic Modems Market By Geography, 2022 - 2028
- Largest
- Fastest
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Underwater Acoustic Modems Market Dynamics
Underwater Acoustic Modems Market Driver
Revenue growth in the underwater acoustic modem market is anticipated to be primarily driven by the rise in oil and gas mining globally.
- Revenue growth in the underwater acoustic modem market is anticipated to be primarily driven by the rise in oil and gas mining globally, especially in emerging economies such as Brazil, Russia, India, China, and South Africa. These underwater acoustic modems are installed in oil fields and processing plants for use with pipeline monitoring equipment, environmental monitoring equipment, and oceanographic instruments.
Underwater Acoustic Modems Market Restraint
Limited resource availability and high cost of production are major restraints.
- The global underwater acoustic modems market is very cost sensitive as these are very costly and need a huge cost for production which will restrain the market growth during the analysis period.
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Underwater Acoustic Modems Market Competitive Landscape
The Underwater Acoustic Modems market is relatively fragmented, with a high level of competition. Few large players, like Teledyne Technologies, Thales Group, and Kongsberg Gruppen, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
Top Players in Underwater Acoustic Modems Market
- Teledyne Technologies (US)
- Kongsberg Gruppen (Norway)
- EvoLogics GmbH (Germany)
- Sonardyne International (UK)
- Ocean Innovations (US)
- DSPComm (Australia)
- LinkQuest Inc. (US)
- Nortek AS (Norway)
- Aquatic Sensor Network Technology (AquaSeNT LLC) (US)
- Sound Metrics Corp. (US)
- Evologics GmbH (Germany)
- Edgetech (US)
- L-3 Communications Klein Associates, Inc. (US)
- Gisma Steuerungstechnologie GmbH (Germany)
- Marimatech AS (Denmark)
- R2Sonic, LLC (US)
- Tritech International Ltd (UK)
- Mitsui E&S Holdings Co., Ltd. (Japan)
- RTsys (France)
- OceanSonics Ltd. (Canada)
Underwater Acoustic Modems Market Recent Developments
- In August 2022, Kongsberg Maritime announced EcoAdvisorTM, an intelligent and dynamic decision assistance system. EcoAdvisorTM is a technology to monitor and minimize greenhouse gas emissions during vessel operations.
- In July 2022, Teledyne Technologies announced it acquired NL Acoustics in Helsinki, Finland. NL Acoustics' cameras and analytics provide easy-to-use imaging and monitoring solutions. Multiple applications, including power distribution, compressed air systems, and factory condition monitoring, can detect important faults and make informed maintenance decisions.
Underwater Acoustic Modems Key Market Trends
- Due to the development of underwater acoustic modems, it is now possible to employ technologies like GPS and Wi-Fi below the surface of the water. Since modems are frequently used in wet environments, they quickly deteriorate due to corrosion. As a result, manufacturers are working on corrosion-proof acoustic modems. These acoustic modems are protected from the elements and have a longer lifespan thanks to their hard-coat anodized aluminum composite housing. One such modem is the Teledyne ATM-925 from their 920 Series.
- As the Internet of Things expands rapidly, more and more connected smart gadgets will be used to link everything from individual kitchen appliances to submerged cargo containers. Examples of this can be seen in underwater robots that utilize sonar to communicate with one another, much like dolphins and whales are developed using these acoustic modems. These all factors will drive the demand for underwater acoustic modems and propel the market growth during the analysis period.
Underwater Acoustic Modems Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global market is segmented based on type, application, industry, and region. The market is gaining momentum due to increasing participation and continuous research and development to develop high-quality signal transmitters. Submarine communications, submarine wireless command, and control submarine data & file transfer are some of the most popular applications. Based on region, the global market is segmented into North America, Europe, Asia-Pacific, South America, and MEA. In 2021, North America accounted for the largest market share of the global underwater acoustic modems market and is expected to do so during the analysis period. Increasing defense expenditure and growing R&D in naval ships are the major drivers for the use of these modems in it. The US Navy has the largest nave fleet globally and consists of the highest submarineD count that is equipped with accommodating which are mainly used in the defense sector or the navy for storing valuable information and other sensitive data.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.8 billion |
| Market size value in 2032 | USD 3.66 billion |
| Growth Rate | 8.2% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Underwater Acoustic Modems Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Underwater Acoustic Modems Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Underwater Acoustic Modems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Underwater Acoustic Modems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Underwater Acoustic Modems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Underwater Acoustic Modems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Underwater Acoustic Modems Market Report Snapshots
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