China Underwater Communication System Market Size & Outlook
The underwater communication system market in China is expected to reach a projected revenue of US$ 489.8 million by 2030. A compound annual growth rate of 10.8% is expected of China underwater communication system market from 2024 to 2030.
Revenue, 2023 (US$M)
$239.7
Forecast, 2030 (US$M)
$489.8
CAGR, 2024 - 2030
10.7%
Report Coverage
China
China underwater communication system market, 2017-2030 (US$M)
Related Markets
China underwater communication system market highlights
- The China underwater communication system market generated a revenue of USD 239.7 million in 2023 and is expected to reach USD 489.8 million by 2030.
- The China market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Underwater communication system market data book summary
| Market revenue in 2023 | USD 239.7 million |
| Market revenue in 2030 | USD 489.8 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Kongsberg Gruppen ASA, L3Harris Technologies Inc, Thales, Saab AB ADR, Teledyne Technologies Inc |
Other key industry trends
- In terms of revenue, China accounted for 6.6% of the global underwater communication system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China underwater communication system market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 275.9 million by 2030.
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Underwater Communication System Market Scope
Underwater communication system market segmentation & scope
Others
Underwater Communication System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China underwater communication system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to underwater communication system market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 48.02% in 2023. Horizon Databook has segmented the China underwater communication system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- China Underwater Communication System Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
- China Underwater Communication System Connectivity Outlook (Revenue, USD Million, 2017-2030)
- Hardwired
- Wireless
- China Underwater Communication System Application Outlook (Revenue, USD Million, 2017-2030)
- Climate Monitoring
- Environmental Monitoring
- Hydrography
- Oceanography
- Pollution Monitoring
- Others
- China Underwater Communication System End User Outlook (Revenue, USD Million, 2017-2030)
- Marine
- Military & Defense
- Oil & Gas
- Scientific Research & Development
- Others
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Our clientele includes a mix of underwater communication system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China underwater communication system market , including forecasts for subscribers. This country databook contains high-level insights into China underwater communication system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China underwater communication system market size, by component, 2017-2030 (US$M)
China Underwater Communication System Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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