The global demand for Ultra Short Base Line Positioning System Market is presumed to reach the market size of nearly USD 220.81 MN by 2030 from USD 138.54 MN in 2022 with a CAGR of 6% under the study period 2023 - 2030.
USBL (ultra-short baseline, also known as SSBL for super short baseline) refers to a method of underwater acoustic positioning. An absolute USBL system comprises a transceiver, which is built upon a pole beneath a ship, and a responder or transponder on the seafloor, on a towfish, or on an ROV. USBL systems are utilized for tracking the underwater targets as divers or ROV and also utilized in position referencing for Dynamic Positioning (DP). The ultra-short baseline underwater positioning is one of the most extensively applied methods in underwater navigation and positioning due to its efficiency, simplicity, accuracy, and low cost.
Market Dynamics
The Growing marine operations for commercial trade and recreational travel is the major factor driving the ultra-short base line positioning system market. The High requirements from the offshore vessel positioning in oil and gas exploration and cargo ships lead to high market demand from the oil and gas sector. The Substantial development in the oil and gas industry coupled with rapid growth in investments for marine sciences and underwater photography is positively impacting the high market growth. Moreover, the rising development of low-cost and high-efficiency Ultra Short Base Line Positioning Systems is likely to create growth opportunities for key players of the ultra-short baseline positioning system market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ultra short base line positioning system. The growth and trends of ultra short base line positioning system industry provide a holistic approach to this study.
Market Segmentation
This section of the ultra short base line positioning system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Operating Frequency Range
By Nominal Range
- Shallow (Upto 150 M)
- Medium (Upto 1,000 M)
- Deep (Upto 10,000 M)
By Antenna Aperture
- 70 Degree
- 100 Degree
- 200 Degree
By End User
- Offshore Equipment Positioning
- Rov, Auv Vessel Positioning
- Cartography
- Diver Tracking
- Naval Sar Vessels
- Underwater Photography/Cinematography
- Tourism & Leisure
- Marine Sciences
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Ultra Short Base Line Positioning System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Ultra Short Base Line Positioning System Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ultra short base line positioning system market include Kongsberg Maritime AS, iXblue, EvoLogics GmbH, AAE Technologies Ltd., Imenco AS, Sonardyne Holdings Limited, Tritech International Limited, VideoRay LLC, Blueprint Design Engineering Ltd., Deep Trekker Inc.,Teledyne Marine, EdgeTech, Link Quest Inc., ROV-Support A/S, and Beringia Enterprises LLC (DiveNET). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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