Underwater Acoustic Communication Market

Underwater Acoustic Communication Market-An Overview

Underwater acoustic communication is a mode of sending and receiving messages under water. Underwater acoustic communication varies from terrestrial communication, as it has lower data rates and employs acoustic waves instead of electromagnetic waves.

In underwater acoustic communication, sound waves are deployed for improved communication since they travel easily under water.  Underwater acoustic communication relates to the underwater propagation of sound and mechanical waves interactions, which helps develop sound within water.

The underwater acoustic communication market is anticipated to witness strong growth during the forecast period between 2021 and 2031.

Underwater vehicles have been deployed in natural undersea resources exploration and in procuring key data in underwater sea exploration missions in the last decade.

Underwater Acoustic Communication Market-Trends and Opportunities

Rising underwater exploration activities, particularly for environmental protection, is the key growth driver for the global underwater acoustic communication market.

The deployment of underwater acoustic sensors to track different pollution levels such as chemical, biological, and nuclear is expected to help fuel the demand for underwater acoustic communication products.

Also, increasing demand for high-speed defense and homeland security communication is anticipated to drive the growth in the underwater acoustic communication market in the coming years.

Rise in the deployment of underwater vehicles and sensors, which offer surveillance solutions, is also expected to increase the demand for underwater acoustic communication products.

The environmental monitoring application segment is expected to contribute substantially underwater acoustic communication market, in future since underwater acoustic equipment have been actively deployed to monitor rates of different types of pollution.

The military end-use segment is expected to make a huge contribution to the overall underwater acoustic communication market, owing to the increased deployment of underwater acoustics in various activities, in the coming years.

Underwater Acoustic Communication Market-Competitive Landscape

The global underwater acoustic communication market has several well-established players, many of whom are expected to hold a large share in the overall market in the coming years.

Prominent players in the underwater acoustic communication market may look to collaborate with the lesser-known players in a bid to expand their market presence and increase their revenue shares.

Research & development undertakings to develop improved underwater acoustic communication devices are expected to be a key growth strategy for leading underwater acoustic communication market players, in the years ahead.

Leading players in the underwater acoustic communication market could also establish R&D centers in different parts of the world, which would exclusively function to produce improved quality of product.

Some of the key players in the global underwater acoustic communication market include BaltRobotics, Thales Group. Gavial Holdings, Ultra Electronics Group, DSPComm, and GS Scientific. 

Underwater Acoustic Communication Market-Regional Assessment

The global underwater acoustic communication market is divided into five regions, namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

North America and Europe are expected to account for a large share in the global market in future, owing to the presence of well-established players in countries such as the U.S and UK.

Asia Pacific is expected to witness substantial growth in the overall underwater acoustic communication market, due to increasing expenditure on underwater exploration activities in countries such as India and China, In addition to this, rising expenditure on military spending in these countries is also anticipated to assist in the growth of the market in Asia Pacific.

Other regions such as Latin America and Middle East and Africa are expected to witness moderate growth in the underwater acoustic communication market, owing to a lack of presence of leading players in countries, in both the regions.