North America Hydrographic Survey Market Growth Opportunities and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

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)

Report Date : Apr 2021
Report Code : TIPRE00021045

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 90

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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.

North America Hydrographic Survey Report Scope

Report Attribute	Details
Market size in 2019	US$ 35.90 Million
Market Size by 2027	US$ 56.55 Million
Global CAGR (2020 - 2027)	6.0 %
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Component Software and Services By End User Marine and Oil & Gas
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Esri HYPACK / Xylem Inc. IIC Technologies Quality Positioning Services B.V. (QPS) Teledyne Marine (Teledyne Technologies Incorporated) Triton Imaging, Inc.

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the North America Hydrographic Survey Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Hydrographic Survey Market Report Snapshots

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