The Underwater Acoustic Modem Market is segmented by Interface Platform (Sensor Interface, Acoustic Modem [Hardware, Software], Others), Application (Environmental Monitoring, Pollution Monitoring, Climate Monitoring, Hydrography, Oceanography, Others), End-Use (Oil & Gas, Military & Defense, Homeland Security, Scientific Research & Development, Marine) and Region (North America, Europe, Asia-Pacific, and the Rest of the World).

Market Insights

What is an underwater acoustic modem?

Underwater acoustic communication may be a technique of propagating sound in water. it's a framework for the underwater acoustic communication system. It consists of channels, propagation models, and statistical characterization. it's a contact of the mechanical waves which create sound between the water and its boundaries.

Key Players

Key players operating in the underwater acoustic modem market are-

• Teledyne Technologies (US)

• Kongsberg Gruppen (Norway)

• Thales Group (France)

• Ultra Electronics (UK)

• Sonardyne International (UK)

• Evologics (Germany)

• Dspcomm (Australia)

• Mistral (India)

• Nortek (US)

• Aquatec Group (US).

Market Dynamics

Strong adoption of underwater acoustic modems in naval defense and the growing importance of effective and safe communication in homeland and defense security is expected to boost the market growth in the coming years. In addition, the rising demand for environmental protection acts as an opportunity. However, due to the relatively slow speed of sound in water, delayed delivery times, reduced data transmission speed are hampering the product demand.

COVID-19 Impact

The COVID-19 outbreak has moderately affected the underwater acoustic modem industry. Rising coronavirus cases across the globe resulted in stringent social distance and lockdown norms across the globe, which led to supply chain disruption, thus affecting the product demand. There was a decline in expenditure in the military and defense sector which affected the UUVs, thus affecting the product demand amid the pandemic.