Europe Oceanographic Monitoring System Market Forecast to 2030 - Regional Analysis - by Type (Sensors, Underwater Communication System, and Buoys Observation Monitoring System) and Application (Onshore and Offshore)

BMIRE00030995 | Pages: 91 | Electronics and Semiconductor | Nov 2024 | Type: Regional | Status: Published

The Europe oceanographic monitoring system market was valued at US$ 418.97 million in 2022 and is expected to reach US$ 634.67 million by 2030; it is estimated to record a CAGR of 5.3% from 2022 to 2030.

Increasing Occurrence of Tsunamis, Storm Surges, and Extreme Waves Boosts Europe Oceanographic Monitoring System Market

Weather forecasting relies heavily on data gathered from ocean observations. It provides early warning of threats such as tsunamis, storm surges, and high waves, which helps save lives and allows marine operators to remain efficient. There are frequent occurrences of natural phenomena such as tsunamis, storm surges, and extreme waves, which are creating the demand for oceanographic monitoring. For example, according to National Geographic, the majority of tsunamis, i.e., ~80%, occur along the Pacific Ocean's "Ring of Fire," a geologically active area where tectonic movements cause volcanoes and earthquakes.

The Hohai University in China led the first global trend study that examined long-term variations in the height and surface area coverage of ocean surface waves from tropical cyclones worldwide since 1979. Researchers discovered that the North Atlantic Ocean's coverage area of ocean waves caused by tropical cyclones grew by ~20% (167,000 km2 or the size of Florida State) every ten years. In January 2024, their findings were published in Nature Communications. The increasing occurrence of tsunamis and high rogue waves can cause huge damage, loss of life, and mass injuries. Thus, the increasing occurrence of hazards such as tsunamis, storm surges, and extreme waves drives the oceanographic monitoring system market.

Europe Oceanographic Monitoring System Market Overview

The Europe oceanographic monitoring system market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Europe has a strong presence in offshore industries, including oil and gas exploration. These activities necessitate real-time data on ocean conditions in order to operate safely and efficiently, resulting in a demand for monitoring systems. Additionally, catastrophes such as the 2020 Arctic oil spill highlight the importance of monitoring to assess environmental effects. Thus, such instances propelled the growth of the oceanographic monitoring system market.

Europe Oceanographic Monitoring System Market Revenue and Forecast to 2030 (US$ Million)

Europe Oceanographic Monitoring System Market Revenue and Forecast to 2030 (US$ Million)

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Europe Oceanographic Monitoring System Market Segmentation

The Europe oceanographic monitoring system market is categorized into type, application, and country.

Based on type, the Europe oceanographic monitoring system market is categorized into sensors, underwater communication system, and buoys observation monitoring systems. The underwater communication system segment held the largest market share in 2022.

In terms of application, the Europe oceanographic monitoring system market is bifurcated into onshore and offshore. The onshore segment held a larger market share in 2022.

By country, the Europe oceanographic monitoring system market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe oceanographic monitoring system market share in 2022.

GOST Global, Ocean Scientific International Ltd, Sonardyne, Xylem, Seatools B.V, Trelleborg Marine and Infrastructure, Valeport Ltd, Sercel, MOBILIS, AXYS Technologies Inc, TechWorks Marine, and Sea-Bird Scientific are some of the leading companies operating in the Europe oceanographic monitoring system market.

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Oceanographic Monitoring System Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.3.1 List of Vendors in the Value Chain

5. Europe Oceanographic Monitoring System Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Government Investment in Ocean Monitoring

5.1.2 Increasing Occurrence of Tsunamis, Storm Surges, and Extreme Waves

5.1.3 Growing Demand for Sustainable Ocean Management

5.2 Market Restraints

5.2.1 High Initial Investment and Operational Cost

5.3 Market Opportunities

5.3.1 Growing Demand for Environmental Monitoring

5.3.2 Expansion of Maritime Activities

5.4 Future Trends

5.4.1 Incorporation of Autonomous Underwater Vehicles and Unmanned Surface Vehicles for Collecting Oceanographic Data

5.4.2 Use of Remote Sensing Technologies and Satellite Imaging

5.5 Impact of Drivers and Restraints:

6. Oceanographic Monitoring System Market - Europe Market Analysis

6.1 Oceanographic Monitoring System Market Revenue (US$ Million), 2020-2030

6.2 Oceanographic Monitoring System Market Forecast Analysis

7. Europe Oceanographic Monitoring System Market Analysis - by Type

7.1 Sensors

7.1.1 Overview

7.1.2 Sensors: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

7.2 Underwater Communication System

7.2.1 Overview

7.2.2 Underwater Communication System: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

7.3 Buoys Observation Monitoring System

7.3.1 Overview

7.3.2 Buoys Observation Monitoring System: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

8. Europe Oceanographic Monitoring System Market Analysis - by Application

8.1 Onshore

8.1.1 Overview

8.1.2 Onshore: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

8.2 Offshore

8.2.1 Overview

8.2.2 Offshore: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9. Europe Oceanographic Monitoring System Market - Country Analysis

9.1 Europe Oceanographic Monitoring System Market Overview

9.1.1 Europe: Oceanographic Monitoring System Market - Revenue and Forecast Analysis - by Country

9.1.1.1 Europe: Oceanographic Monitoring System Market - Revenue and Forecast Analysis - by Country

9.1.1.2 Germany: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.2.1 Germany: Oceanographic Monitoring System Market Breakdown, by Type

9.1.1.2.2 Germany: Oceanographic Monitoring System Market Breakdown, by Application

9.1.1.3 United Kingdom: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.3.1 United Kingdom: Oceanographic Monitoring System Market Breakdown, by Type

9.1.1.3.2 United Kingdom: Oceanographic Monitoring System Market Breakdown, by Application

9.1.1.4 France: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.4.1 France: Oceanographic Monitoring System Market Breakdown, by Type

9.1.1.4.2 France: Oceanographic Monitoring System Market Breakdown, by Application

9.1.1.5 Italy: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.5.1 Italy: Oceanographic Monitoring System Market Breakdown, by Type

9.1.1.5.2 Italy: Oceanographic Monitoring System Market Breakdown, by Application

9.1.1.6 Russia: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.6.1 Russia: Oceanographic Monitoring System Market Breakdown, by Type

9.1.1.6.2 Russia: Oceanographic Monitoring System Market Breakdown, by Application

9.1.1.7 Rest of Europe: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.7.1 Rest of Europe: Oceanographic Monitoring System Market Breakdown, by Type

9.1.1.7.2 Rest of Europe: Oceanographic Monitoring System Market Breakdown, by Application

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players

10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 GOST Global

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Ocean Scientific International Ltd

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Sonardyne

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Seatools B.V.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Xylem

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Trelleborg Marine and Infrastructure

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Valeport Ltd

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 SERCEL

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 MOBILIS

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 AXYS Technologies Inc.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11 TechWorks Marine

12.11.1 Key Facts

12.11.2 Business Description

12.11.3 Products and Services

12.11.4 Financial Overview

12.11.5 SWOT Analysis

12.11.6 Key Developments

12.12 Sea-Bird Scientific

12.12.1 Key Facts

12.12.2 Business Description

12.12.3 Products and Services

12.12.4 Financial Overview

12.12.5 SWOT Analysis

12.12.6 Key Developments

13. Appendix

13.1 About The Insight Partners

 

 

 

List of Tables

Table 1. Oceanographic Monitoring System Market Segmentation

Table 2. List of Vendors

Table 3. Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

Table 4. Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million) - by Type

Table 5. Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 6. Europe: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Country

Table 7. Germany: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 8. Germany: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 9. United Kingdom: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 10. United Kingdom: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 11. France: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 12. France: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 13. Italy: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 14. Italy: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 15. Russia: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 16. Russia: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 17. Rest of Europe: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type

Table 18. Rest of Europe: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 19. Heat Map Analysis by Key Players

 

List of Figures

Figure 1. Oceanographic Monitoring System Market Segmentation, by Country

Figure 2. PEST Analysis

Figure 3. Ecosystem Analysis

Figure 4. Oceanographic Monitoring System Market - Key Market Dynamics

Figure 5. Impact Analysis of Drivers and Restraints

Figure 6. Oceanographic Monitoring System Market Revenue (US$ Million), 2020-2030

Figure 7. Oceanographic Monitoring System Market Share (%) - by Type (2022 and 2030)

Figure 8. Sensors: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

Figure 9. Underwater Communication System: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

Figure 10. Buoys Observation Monitoring System: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

Figure 11. Oceanographic Monitoring System Market Share (%) - by Application (2022 and 2030)

Figure 12. Onshore: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

Figure 13. Offshore: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)

Figure 14. Europe: Oceanographic Monitoring System Market, by Key Country- Revenue (2022) (US$ Million)

Figure 15. Europe: Oceanographic Monitoring System Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 16. Germany: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)

Figure 17. United Kingdom: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)

Figure 18. France: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)

Figure 19. Italy: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)

Figure 20. Russia: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)

Figure 21. Rest of Europe: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)

Figure 22. Company Positioning & Concentration

  1. AXYS Technologies Inc.
  2. GOST Global
  3. MOBILIS
  4. Ocean Scientific International Ltd
  5. Sea-Bird Scientific
  6. Seatools B.V.
  7. SERCEL
  8. Sonardyne
  9. TechWorks Marine
  10. Trelleborg Marine and Infrastructure
  11. Valeport Ltd
  12. Xylem
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe oceanographic monitoring system market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe oceanographic monitoring system market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe oceanographic monitoring system market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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