North America Hydrographic Survey Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Software and Services) and End User (Marine and Oil & Gas)

Publication Month: Apr 2021 | Report Code: TIPRE00021045 | No. of Pages: 90 | Category: Technology, Media and Telecommunications | Status: Published

Covid
Assesing the covid-19 impact?
Get the Latest COVID-19 Analysis on this market
Request Now
Happy to join you in your fight against the COVID-19 economic pandemic!

The North America hydrographic survey market is expected to grow from US$ 35.90 million in 2019 to US$ 56.55 million by 2027; it is estimated to grow at a CAGR of 6.0 % from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. Growth in number of offshore oil & gas projects is expected to escalate the North America hydrographic survey market. Offshore projects play an important role in oil & gas production. They also contribute significantly to upsurge the economic activity and employment. The operations of offshore projects are complex, and contractors, engineers, equipment suppliers, and software and service providers play important role in their establishment and project commencement. The growth of the oil & gas industry drives the adoption of the hydrographic surveys to its peak. To attain the high levels of offshore oil and gas activities, various potential countries are heavily investing in this sector; for instance, as per the American Petroleum Institute (API), an amount of US$ 195 billion is projected to be spent between 2017 and 2035 in the US and the Atlantic coast states. Several major oil & gas firms are highly adopting hydrographic survey tools to conduct various surveys. The Alaska LNG Mega-project, located in Nikiski's industrial town, comprises a full LNG liquefaction plant, storage and shipping terminal, and 800-mile pipeline running from the North Slope to the oil & gas facility. Its anticipated cost ranges from US$ 45 billion to US$ 65 billion. Also, the Cameron LNG Liquefaction Plant project, with a value of US$ 10.16 billion, comprises the development of the existing LNG import facility to an innovative liquefaction plant. Furthermore, other projects are boosting the demand for the hydrographic survey’s software and services across North America region.

 

Further, in case of COVID-19, North America is highly affected specially the US. North America is one of the most important regions for adopting and developing new digital technologies due to favorable government policies to boost innovation, a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any negative impact on the growth of industries is expected to affect the economic growth of the region. Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak, with 26,654,965 confirmed cases and 458,544 deaths as of 8th February 2021 by the World Health Organization (WHO). The US is a prominent market for the hydrographic survey for oil & gas and marine sectors. The factory and business shutdowns across the US, Canada, and Mexico impact the adoption of the hydrographic survey market. Due to shortage in the workforce and the practical difficulties in many social distancing cases hindered oil & gas activities in the US, which leads to a halt in various ongoing projects. Thus, it also impacted the integration of hydrographic survey software. The ongoing COVID-19 crisis and critical situation in the US will impact the hydrographic survey market growth of North America negatively for the next few months.  


With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America hydrographic survey market. The North America hydrographic survey market is expected to grow at a good CAGR during the forecast period.

Get more information on this report :


North America Hydrographic Survey Market Segmentation


North America Hydrographic Survey Market – By Component

  • Software
  • Services

 North America Hydrographic Survey Market – By End User

  • Marine
  • Oil & Gas

North America Hydrographic Survey Market, by Country

  • US
  • Canada
  • Mexico

North America Hydrographic Survey Market -Companies Mentioned

  • Esri
  • HYPACK / Xylem Inc.
  • IIC Technologies
  • Quality Positioning Services B.V. (QPS)
  • Teledyne Marine (Teledyne Technologies Incorporated)
  • Triton Imaging, Inc.                  

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             North America Hydrographic Survey Market Landscape

4.1       Market Overview

4.2       North America PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             North America Hydrographic Survey Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Growth in Number of Offshore Oil & Gas Projects

5.1.2        Increasing Maritime Commerce and Transport

5.2       Market Restraints

5.2.1        Less Awareness in Several Countries

5.3       Market Opportunities

5.3.1        Growing Demand for Energy & Power Projects

5.4       Future Trends

5.4.1        Technological Enhancement in Hydrographic Survey Software and Services

5.5       Impact Analysis of Drivers and Restraints

6.             Hydrographic Survey Market – North America Analysis

6.1       North America Hydrographic Survey Market Overview

6.2       North America Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

7.             North America Hydrographic Survey Market Analysis – By Component

7.1       Overview

7.2       North America Hydrographic Survey Market, By Component (2019 and 2027)

7.3       Software

7.3.1        Overview

7.3.2        Software: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

7.4       Services

7.4.1        Overview

7.4.2        Services: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

8.             North America Hydrographic Survey Market Analysis –By End User

8.1       Overview

8.2       North America Hydrographic Survey Market Breakdown, by End User, 2019 & 2027

8.3       Marine

8.3.1        Overview

8.3.2        Marine Market Revenue and Forecast to 2027 (US$ Million)

8.4       Oil & Gas

8.4.1        Overview

8.4.2        Oil & Gas Market Revenue and Forecast to 2027 (US$ Million)

9.             North America Hydrographic Survey Market – Country Analysis

9.1       Overview

9.1.1        North America: Hydrographic Survey Market, by Key Country

9.1.1.1      US: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1       US: Hydrographic Survey Market, by Component

9.1.1.1.2       US: Hydrographic Survey Market, by End User

9.1.1.2      Canada: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1       Canada: Hydrographic Survey Market, by Component

9.1.1.2.2       Canada: Hydrographic Survey Market, by End User

9.1.1.3      Mexico: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1       Mexico: Hydrographic Survey Market, by Component

9.1.1.3.2       Mexico: Hydrographic Survey Market, by End User

10.          North America Hydrographic Survey Market- COVID-19 Impact Analysis

10.1    North America: Impact assessment of COVID-19 Pandemic

11.          Industry Landscape

11.1    Overview

11.2    Market Initiative

11.3    New Product Development

12.          COMPANY PROFILES

12.1    HYPACK / Xylem Inc.

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    IIC Technologies

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    Teledyne Marine (Teledyne Technologies Incorporated)

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    Triton Imaging, Inc.

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    Quality Positioning Services B.V. (QPS)

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    Esri

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

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index

LIST OF TABLES

Table 1.             North America Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             US: Hydrographic Survey Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Hydrographic Survey Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Canada: Hydrographic Survey Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 5.             Canada: Hydrographic Survey Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Mexico: Hydrographic Survey Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Mexico: Hydrographic Survey Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 8.             List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Hydrographic Survey Market Segmentation

Figure 2.           North America Hydrographic Survey Market Segmentation – By Country

Figure 3.           North America Hydrographic Survey Market Overview

Figure 4.           Software Segment is Expected to Dominate the Market by Component

Figure 5.           Oil & Gas segment Held Largest Market Share in 2019

Figure 6.           US Held Largest Market Share in 2019

Figure 7.           North America PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           North America Hydrographic Survey Market: Impact Analysis of Drivers and Restraints

Figure 10.        North America Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        North America Hydrographic Survey Market Revenue Share, by Component (2019 and 2027)

Figure 12.        North America Software: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        North America Services: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        North America Hydrographic Survey Market Breakdown, by End User (2019 and 2027)

Figure 15.        North America Marine Market Revenue and Forecast to 2027(US$ Million)

Figure 16.        North America Oil & Gas Market Revenue and Forecast to 2027(US$ Million)

Figure 17.        North America: Hydrographic Survey Market, by Key Country – Revenue (2019) (USD Million)

Figure 18.        North America: Hydrographic Survey Market Revenue Share, by Key Country (2019 and 2027)

Figure 19.        US: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Canada: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Mexico: Hydrographic Survey Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Impact of COVID-19 Pandemic in North American Country Markets

 

  1. Esri
  2. HYPACK / Xylem Inc.
  3. IIC Technologies
  4. Quality Positioning Services B.V. (QPS)
  5. Teledyne Marine (Teledyne Technologies Incorporated)
  6. Triton Imaging, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America hydrographic survey 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 North America hydrographic survey 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 North America market trends and outlook coupled with the factors driving the hydrographic survey 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   
TIPRE00021045
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Pricing