South & Central America 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)
The South & Central America Oceanographic Monitoring System Market was valued at US$ 90.63 million in 2022 and is expected to reach US$ 114.42 million by 2030; it is estimated to record a CAGR of 3.0% from 2022 to 2030.
Expansion of Maritime Activities Fuels South & Central America Oceanographic Monitoring System Market
The aquaculture and maritime transportation sectors need real-time data on oceanographic factors for safety, efficiency, and resource management. Oceanographic monitoring systems help understand the ecology of fish production zones better in real-time. With this, fish farming becomes more predictable to regulate daily activities when control-engineering principles are used for fish production, boosting the farmer's ability to monitor, control, and document biological processes in fish farms. In addition, accurate and up-to-date oceanographic information is crucial for safe navigation, port operations, and risk management with the expansion of global marine transportation. Oceanographic services offer valuable data for these objectives. For example, ocean currents data assists ships in determining the most fuel-efficient routes, avoiding strong currents and taking advantage of favorable ones. Understanding water circulation or ocean currents and sediment movement within ports aids in the design and management of shipping channels and docking facilities. Water depth information collected by systems can help authorities traverse shallow waters and locations prone to underwater hazards, lowering the chance of grounding. Accurate forecasts of storms, wind patterns, and sea state enable ships to avoid hazardous situations and plan itineraries accordingly. Further, real-time data allows ships to enter and exit ports safely while streamlining loading and unloading operations. Also, oceanographic systems can monitor changes in coastlines and detect erosion-prone locations. Thus, the expanding maritime activities is anticipated to create lucrative opportunities for the growth of the oceanographic monitoring system market during the forecast period.
South & Central America Oceanographic Monitoring System Market Overview
The South & Central America oceanographic monitoring system market is segmented into Brazil, Argentina, and the Rest of SAM. Monitoring stations are great platforms for promoting ocean literacy and public engagement. Various organizations are involved in oceanographic monitoring through various stations. For example, the Nuevo Gulf Oceanographic Station (Golfo Nuevo Estación Oceanográfica, GNEO), one of the earliest time-series oceanographic monitoring stations in Patagonia, Argentina, monitors the temporal variation of physical, chemical, and biological processes in these waters. Sampling at Puerto Madryn's pier enables evaluation of seasonal and interannual variations in temperature, nutrients, and measured pH in the water column; the dynamics of the marine plankton community (chlorophyll-a, phytoplankton, and zooplankton identification); and the intensity and concentration of dust in the atmosphere. The station has allowed temperature observation consistently since 2010. Thus, the establishment of such stations in the region creates the need for the development of oceanographic monitoring systems.
South & Central America Oceanographic Monitoring System Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Oceanographic Monitoring System Market Segmentation
The South & Central America oceanographic monitoring system market is categorized into type, application, and country.
Based on type, the South & Central America oceanographic monitoring system market is categorized into sensors, underwater communication system, and buoys observation monitoring systems. The sensors segment held the largest market share in 2022.
In terms of application, the South & Central America oceanographic monitoring system market is bifurcated into onshore, and offshore. The onshore segment held a larger market share in 2022.
By country, the South & Central America oceanographic monitoring system market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America oceanographic monitoring system market share in 2022.
MOBILIS, Sonardyne, Trelleborg Marine and Infrastructure, and Xylem are some of the leading companies operating in the South & Central America 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. South & Central America 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 - South & Central America Market Analysis
6.1 Oceanographic Monitoring System Market Revenue (US$ Million), 2020-2030
6.2 Oceanographic Monitoring System Market Forecast Analysis
7. South & Central America 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. South & Central America 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. South & Central America Oceanographic Monitoring System Market - Country Analysis
9.1 South & Central America Oceanographic Monitoring System Market Overview
9.1.1 South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast Analysis - by Country
9.1.1.1 South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast Analysis - by Country
9.1.1.2 Brazil: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 Brazil: Oceanographic Monitoring System Market Breakdown, by Type
9.1.1.2.2 Brazil: Oceanographic Monitoring System Market Breakdown, by Application
9.1.1.3 Argentina: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Argentina: Oceanographic Monitoring System Market Breakdown, by Type
9.1.1.3.2 Argentina: Oceanographic Monitoring System Market Breakdown, by Application
9.1.1.4 Rest of South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Rest of South & Central America: Oceanographic Monitoring System Market Breakdown, by Type
9.1.1.4.2 Rest of South & Central America: 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 Sonardyne
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 Xylem
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 Trelleborg Marine and Infrastructure
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 MOBILIS
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
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. South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast to 2030 (US$ Million) - by Country
Table 7. Brazil: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type
Table 8. Brazil: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application
Table 9. Argentina: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type
Table 10. Argentina: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application
Table 11. Rest of South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Type
Table 12. Rest of South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million) - by Application
Table 13. 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. South & Central America: Oceanographic Monitoring System Market, by Key Country (2022) (US$ Million)
Figure 15. South & Central America: Oceanographic Monitoring System Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 16. Brazil: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)
Figure 17. Argentina: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)
Figure 18. Rest of South & Central America: Oceanographic Monitoring System Market - Revenue and Forecast to 2030(US$ Million)
Figure 19. Company Positioning & Concentration
- MOBILIS
- Sonardyne
- Trelleborg Marine and Infrastructure
- Xylem
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America 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 South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the South & Central America 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.