How big is the Marine Acoustic Sensors Market?

The Marine Acoustic Sensors Market size is expected to reach USD 1.46 billion in 2024 and grow at a CAGR of 6.41% to reach USD 1.99 billion by 2029. Read More

What is the current Marine Acoustic Sensors Market size?

In 2024, the Marine Acoustic Sensors Market size is expected to reach USD 1.46 billion. Read More

Which is the fastest growing region in Marine Acoustic Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Marine Acoustic Sensors Market?

In 2024, the North America accounts for the largest market share in Marine Acoustic Sensors Market. Read More

What years does this Marine Acoustic Sensors Market cover, and what was the market size in 2023?

In 2023, the Marine Acoustic Sensors Market size was estimated at USD 1.37 billion. The report covers the Marine Acoustic Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Marine Acoustic Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Marine Acoustic Sensors Market Size & Share Analysis - Industry Research Report

Marine Acoustic Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Marine Acoustic Sensors Market is Segmented by Product (Hydrophones, Underwater Transducer, Acoustic Towed Array, Side-Scan Sonar) and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments

Marine Acoustic Sensors Industry Overview

The market studied is fragmented with the presence of major players like BAE Systems PLC, Garmin Ltd, Teledyne Marine Technologies (Teledyne Technologies Incorporated), Ocean Sonics Ltd, and Geospectrum Technologies Inc. Players in the market studied are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

June 2023 - Thales reinforced its collaboration with the Italian Navy by inaugurating a new integrated service center at the La Spezia naval base. This center will serve as the exclusive service partner of the Navy for the upkeep of sonar systems installed on minesweeper vessels and the waterfront support of frigate vessels operating in the Naval Bases of Naples and Taranto.
In January 2023, the company announced the acquisition of a new GaviaOsprey AUV by the Royal Netherlands Institute for Sea Research (NIOZ). NIOZ is the Netherlands' national oceanographic institute conducting multidisciplinary applied marine research to address major scientific questions about the company's oceans and seas. NIOZ studies the ocean's role in changing climate from equator to pole, from the continental shelf to the deep ocean, and from present to past.