Hydrographic Survey Equipment Market Worth 2.74 Billion USD by 2022
PUNE, India, July 28, 2017 /PRNewswire/ --
The report "Hydrographic Survey Equipment Market by Type (Sensing System, Positioning System, Subsea Sensor, Unmanned Vehicle, Software), Application (Port & Harbor, Oil & Gas, Cable, Charting), Depth, Platform, End User, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Hydrographic Survey Equipment Market is projected to grow from USD 2.07 Billion in 2016 to USD 2.74 Billion by 2022, at a CAGR of 5.39% from 2017 to 2022 during the forecast period. Growth in this market can be attributed to the rise in maritime trade, increased use of UUVs and USVs to conduct hydrographic and oil & gas surveys.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 102 Market Data Tables and 48 Figures spread through 196 Pages and in-depth TOC on "Hydrographic Survey Equipment Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/hydrographic-survey-equipment-market-38915154.html
Early buyers will receive 10% customization on this report
The unmanned vehicles segment is estimated to account for the largest share in the hydrographic survey equipment market in 2017 and is projected to grow at the highest CAGR during the forecast period.
Based on type, the unmanned vehicles segment is estimated to account for the largest share in the hydrographic survey equipment market in 2017 and is projected to grow at the highest CAGR during the forecast period. The use of unmanned vehicles increases safety during critical operations due to the least human interventions and reduces risks and costs associated as against the use of a manned vehicle.
The offshore oil & gas survey segment is estimated to account for the largest share of the hydrographic survey equipment market in 2017 and is projected to grow at the highest CAGR during the forecast period
Based on application, the offshore oil & gas survey segment is estimated to account for the largest share in the hydrographic survey equipment market in 2017 and is projected to grow at the highest CAGR during the forecast period. The offshore oil & gas industry relies on survey & positioning for exploration and planning facilities, construction, and maintenance. Growth of this segment can be attributed to the rising demand for crude oil energy across the world.
Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=38915154
The deep water segment is projected to grow at the highest CAGR during the forecast period
Based on depth, the deep water segment is projected to grow at the highest CAGR during the forecast period. Growth of this segment can be attributed to the increasing number of deepwater operations in oil field development projects in the Gulf of Mexico, Brazil, and West Africa, as well as other emerging regions, which is expected to drive the demand for hydrographic survey equipment.
The Asia Pacific hydrographic survey equipment market is projected to witness the highest growth during the forecast period
The hydrographic survey equipment market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022. Countries in this region include China, India, Malaysia, and the Rest of Asia Pacific. Rise in exploration and production, port & harbor management, along with the development of offshore wind energy parks in the region are fueling the growth of the hydrographic survey equipment market in the Asia Pacific.
Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=38915154
Major players in the hydrographic survey equipment market are Kongsberg Gruppen ASA (Norway), Teledyne Technologies (US), INNOMAR Technologie GmbH (Germany), Edgetech (US), Sonardyne International (UK), iXblue SaS (France), and SyQwest Inc. (UK), among others.
Browse Related Reports
Unmanned Underwater Vehicles (UUV) Market by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, Payload, and Region - Global Forecasts to 2022
http://www.marketsandmarkets.com/Market-Reports/unmanned-underwater-vehicles-market-140710720.html
Unmanned Surface Vehicle (USV) Market by Application (Defense, Scientific Research, Commercial, Miscellaneous), Size (Small, Medium, Large, Extra Large), Propulsion System, Modes of Operation, Payload & Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/unmanned-surface-vehicle-market-220162588.html
Subscribe Reports from Aerospace & Defence Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: [email protected]
Visit Our Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article