Hydrographic Survey Positioning Systems Market Industry Trends

 

Hydrographic Survey Positioning Systems Market is the process of recording physical features of coastal areas, oceans, rivers, seas, and lakes.

The equipment that are used to do such surveys are called hydrographic survey equipment. Hydrographic surveys test the depth and analyzes the distance from the coast between survey ships. Moreover, hydrographic survey describes the features that affect maritime navigation, dredging, offshore oil exploration, maritime construction, and related activities. Earlier, hydrographic technology was using hardware setup to connect with satellites for accessing information.

However, at present, hydrographic technology has moved from hardware setup to software such as QINSy (Quality Integrated Navigation System). The main objective of hydrographic surveys is to ensure the safety of maritime navigation.

Rise in offshore renewable wind energy projects, increase in maritime commerce & transport, and rise in use of AUV & ROV are some of the major factors that drive the growth of the global hydrographic survey positioning systems market. However, factors such as high costs associated with carrying out hydrographic surveys and lack of technical expertise in undertaking hydrographic surveys are expected to restrain the growth of the market. On the contrary, technological advancements in hydrographic survey positioning sensors and rise in offshore oil & gas exploration expenditure are expected to further boost the growth of the global hydrographic survey positioning systems market in the future.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞
Chesapeake Technology
SyQwest
Saab AB
EdgeTech
KONGSBERG
Mitcham Industries Inc.
SONARDYNE
Tritech International Limited
Innomar Technologie GmbH
Teledyne Technologies Incorporated