UK Underwater Communication System Market Size & Outlook
UK underwater communication system market, 2017-2030 (US$M)
Related Markets
UK underwater communication system market highlights
- The UK underwater communication system market generated a revenue of USD 211.6 million in 2023 and is expected to reach USD 450.4 million by 2030.
- The UK market is expected to grow at a CAGR of 11.4% 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 211.6 million |
| Market revenue in 2030 | USD 450.4 million |
| Growth rate | 11.4% (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, UK accounted for 5.8% 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 Europe, France underwater communication system market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 450.4 million by 2030.
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Underwater Communication System Market Scope
Underwater Communication System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 50.57% in 2023. Horizon Databook has segmented the UK underwater communication system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- UK Underwater Communication System Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
- UK Underwater Communication System Connectivity Outlook (Revenue, USD Million, 2017-2030)
- Hardwired
- Wireless
- UK Underwater Communication System Application Outlook (Revenue, USD Million, 2017-2030)
- Climate Monitoring
- Environmental Monitoring
- Hydrography
- Oceanography
- Pollution Monitoring
- Others
- UK 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK underwater communication system market , including forecasts for subscribers. This country databook contains high-level insights into UK underwater communication system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK underwater communication system market size, by component, 2017-2030 (US$M)
UK Underwater Communication System Market Outlook Share, 2023 & 2030 (US$M)
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