Demand grows for hydrographic survey tech
Global demand for hydrographic surveys and bathymetric analysis has boosted the market for equipment, a report finds.
The global hydrographic survey equipment market will shoot up from $1.3 billion in 2020 to $5.3 billion by the end of the decade, Research and Markets predicts.
the market will grow at a CAGR of 5.73% by 2030, the analysts say.
Dominated in 2020, the report says the Asia-Pacific region is growing most quickly, driven by China.
“The hydrographic survey equipment industry holds great potential in the near future due to the rise in the global maritime industry,” the report says. ”The arrival of unmanned vehicles that can be remotely piloted and the engagement of machine learning technologies to support complete autonomous operations notably impact the business dynamics.
“In addition, the rise in awareness about global warming, rising ocean levels across the globe and increasing carbon footprint has proliferated the need for hydrographic surveys in the research community to study the effect of such changes on ocean beds. Hydrographic surveys also allow researchers to gauge the quality of water and the impact of pollution on marine ecosystems.”
New 3D and 4D technologies also mean any developments in and around ports as well as the open sea can be better planned and designed.
