About Hydrographic Acquisition Software
Hydrographic acquisition software is used to predict the feature of underwater areas and processing hydrographic data like water depth, topographic features, tide measurement etc. However, for the construction of docks, harbors, and dams it is very important to analyze water depth in and around ports are sufficient to allow for ships to safely enter and berth. The software allows users to create hydrography maps, target detection, a difference analysis between new and old surveys as well as many other features for a wide variety of applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products & Services with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hydrographic Acquisition Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Measutronics (United States), HYPACK (United States), Fugro (Netherlands), EIVA (Denmark), BeamworX (Netherlands), Teledyne Marine (United States), Chesapeake Technology, Inc. (United States), Quality Positioning Services B.V. (Netherlands), CEE Hydrosystems (United States) and Geo-matching (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hydrographic Acquisition Software market by Type (Single Beam Acquisition Software and Multibeam Acquisition Software), Application (Marine, Construction, Industrial, Power Industry and Others) and Region.
On the basis of geography, the market of Hydrographic Acquisition Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing Trend of UAVs to Collect Harmonising Lidar Data with Photogrammetry and MATLAB Based Software
Market Growth Drivers:
Increasing Demand of Advanced Technological Solutions for Studying and Real-time Measurement of Underwater Area and Government Investments in Advanced Technologies for Hydrographic or Geodesy Surveys
Challenges:
Slow Adoption of the Software Due to Lack of Awareness Among People
Restraints:
High Installation Cost as It Requires Various Equipment or Sensors to Collect Accurate Data and Lack of Skillful Staff
Opportunities:
Growing Marine Industry Across the Globe Will Create Many Opportunities
Market Leaders and their expansionary development strategies
EIVA a/s announced it recently acquired Danish hydrographic survey company SensorSurvey a/s. The partnership can involve them even more in development and testing of new features and solutions for hydrographic surveys and subsea inspections.
In December 2020, Lloyd's Register signed an agreement to acquire Navico Group’s C-MAP commercial marine business. Navico Group is a leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software. The acquisition will help LR to expand its business with the aim of conquering the challenge of isolated and disconnected maritime systems.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Hydrographic Acquisition Software Providers, Hydrographic Survey Equipment Manufacturers, Suppliers & Distributors of Hydrographic Survey Equipment, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.