The Underwater Acoustic Communication Market And Its Importance
With the advancement of science and technology, the communication technology is also getting expanded. Currently, the underwater acoustic communication is gaining a massive popularity and it is considered to be one of the most important technique for receiving and sending messages through underwater. With the medium of hydrophones, one can easily communicate through underwater. Often, underwater communication becomes difficult due to several issues like time variations, multi- path propagation, strong signal attenuation and small bandwidth. With the introduction of the underwater acoustic communication system, people can now navigate, communicate and also monitor under the water through data transmission under the water. The underwater acoustic communication system consists of modems which are mainly used in the military and defense along with the oil and gas industry in order to gather data and monitor the marine applications. The rising research and other developmental activities is giving rise to the growth of the underwater acoustic communication market.
Segmentation of the underwater acoustic communication market
The underwater acoustic communication market is classified on the basis of its communication range, interface platform, end-user industry, application and also by regional demand. Based on the interface platform, the underwater acoustic communication market is classified as sensor interface, an acoustic modem and others. On the basis of its communication range, the market is divided into shallow, medium, long water range and full ocean range. Based on its application, the market is divided as hydrography, pollution and environmental monitoring, climate recording, oceanography, and others. End-user industries like oil and gas, military and defense, homeland security, scientific research centers and marine make use of the underwater acoustic communication technology. Based on its regional demand, the underwater acoustic communication market is divided into regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. Amongst all these regions, North America holds the largest share.
Factors affecting the growth of the underwater acoustic communication market
There are several factors that are responsible for the growth of the underwater acoustic communication market. Rising importance of the best and reliable underwater security measure is allowing the growth of the market. Also, growing adoption of the various underwater acoustic modems in the defense industry is boosting the market growth. However, there is also an increase in the production of offshore oil and gas that is creating several growth opportunities in the market. However, the limited data transmission speed along with delaying delivery rates would hamper the growth of the underwater acoustic communication market.
Key players in the underwater acoustic communication market
Some of the prominent key players in the underwater acoustic communication market includes companies like Teledyne Technologies (US), Thales Group (France), Kongsberg Gruppen (Norway), Ultra Electronics (UK), Evologics (Germany), Sonardyne International (UK), DSPComm (Australia), Nortek (Norway), Mistral (US), and others. Through the best Industry Research Firm, one can know about the underwater acoustic communication market in details.
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