Underwater communication system market to reach USD 9.7 billion by 2032 with growth.

From GlobeNewswire: 2025-04-09 10:00:00

The Underwater Communication System Market was valued at USD 4.2 billion in 2023, projected to reach USD 9.7 billion by 2032 with a CAGR of 9.68%. Major players include Sonardyne International, Teledyne Technologies, and Ultra Electronics. The U.S. market is growing due to defense investments and advanced technology adoption.

Hardware dominates the market with 59% revenue share, driven by underwater sensor demand. Services segment to see fastest CAGR due to maintenance needs. Wired connectivity leads with 66% revenue share, while hardwired is expected to grow fastest. Environmental monitoring dominates applications, with oceanography set for fastest growth.

Scientific research & development leads end-users, while military & defense is expected to grow fastest. North America holds the largest market share, with Asia-Pacific showing the fastest growth. The market is expanding due to increasing investments in defense systems and environmental monitoring projects. The Asia-Pacific region is set to lead in underwater communication technology growth due to increased investment in naval defense and marine research. Recent advancements include L3Harris Technologies’ CUUUWi system, Kongsberg Gruppen’s HUGIN Endurance AUV, and Teledyne Geospatial’s coastal mapping solution. The market is segmented by component, connectivity, application, and end-user, offering a comprehensive analysis for stakeholders. SNS Insider offers consulting services for market assessment and competitive benchmarking to support industry decision-making.



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