From GlobeNewswire: 2024-09-16 09:58:00

A new report by The Insight Partners highlights the growth of the global oceanographic monitoring system market due to increasing natural disasters and demand for sustainable ocean management. Governments worldwide are investing in these systems to prevent damage. The market is projected to reach US$ 2.19 billion by 2030 at a 5.0% CAGR. North America leads the market, followed by Europe and APAC.

Oceanographic monitoring systems are crucial for environmental monitoring, providing data on ocean health and climate change impacts. These systems, including buoys and profiling floats, monitor temperature and salinity at different depths. Growing demand for environmental monitoring is driving market growth, offering opportunities for stakeholders to navigate the evolving landscape effectively. Key players include Global Ocean Security Technologies, Hitachi Zosen Corporation, and Valeport Ltd.

Innovations like the integrated CTD sensor from NBOSI and the Bathy2 from Valeport are reshaping underwater data collection. Trelleborg Marine and Infrastructure has completed remote installation of its SafePilot Offshore technology. The Oceanographic Monitoring System market is expected to offer new opportunities for companies in various industries in the coming years. For customized research tailored to specific sectors or regions, contact The Insight Partners for more information.



Read more at GlobeNewswire: Oceanographic Monitoring System Market Worth $2.19 Billion,