Hydrographic survey is the science of measurement and description of features which affect maritime navigation, marine construction, dredging, offshore oil exploration/offshore oil drilling and related activities. Strong emphasis is placed on soundings, shorelines, tides, currents, seabed and submerged obstructions that relate to the previously mentioned activities.
Among types, the unmanned vehicles segment is estimated to account for the largest share in the hydrographic survey equipment market in 2017. Growth in the unmanned vehicles segment is attributed to the increased demand for unmanned vehicles from the commercial sector, owing to their application for deep water exploration and production activities, drilling support and pipeline inspection, and hydrographic surveys.
Among end users, the commercial segment is projected to be the fastest-growing market during the forecast period in the hydrographic survey equipment market. Increase in dredging operations, pipeline & cable laying, oil & gas exploration, offshore surveys, and drilling activities by commercial companies is expected to drive this segment.
North America is estimated to account for the largest share in the hydrographic survey equipment market in 2018, which includes the US and Canada. The US is leading the market for hydrographic survey equipment in North America. Factors responsible for the leading position of North America are the extensive use of hydrographic survey equipment in dredging, subsea research activities, and oil and gas exploration in the region.
The global Hydrographic Survey Equipment market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major players covered in this report
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
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UUVs & USVs
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