South America Hydrographic Survey Market Key Companies and SWOT Analysis by 2027

South 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 Code : TIPRE00021046
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 90
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The SAM hydrographic survey market is expected to grow from US$ 9.21 million in 2019 to US$ 14.97 million by 2027; it is estimated to grow at a CAGR of 6.4 % from 2020 to 2027.



The Brazil and Argentina are major economies in SAM. Rise in maritime commerce and transport is expected to bolster up the SAM hydrographic survey market. Maritime commerce and transport is a key to trade and globalization; moreover, it is essential for ensuring national security. The movement of passengers and cargo demand an efficient marine transportation system. Several government agencies across SAM region are responsible for national security, marine safety, vessel traffic management, waterway maintenance, and environmental protection. Commercial shipping is crucial for the global and domestic coastal trade of any country. Ships transporting dry and liquid bulk goods, containers, and passengers need efficient and safe shipping lanes and ocean routes as well as suitable port facilities and infrastructure. The ocean planning activities must ensure that the allotment of ocean space to other activities is compatible with safe maritime commerce and transport. Numerous coastal nations across SAM region are heavily investing in hydrographic surveys to have properly charted waters that can aid a rising need for maritime commerce and transportation. Optimized charts enable faster transits of ships with deeper drafts, allowing the movement of huge goods through navigational chokepoints and ports. Precise hydrographic software and services are vital for ensuring the navigation safety as well as supporting and boosting safe maritime commerce and transport, which would contribute to the constant sustainable growth of the economy, thereby escalating the demand for hydrographic survey software and services, hence driving the SAM hydrographic survey market growth. 

Further, in case of COVID-19, Brazil has the highest number of confirmed cases, followed by other countries such as Colombia, Argentina, Peru, and Chile. The governments of various countries in SAM are taking several initiatives to protect people and to contain COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to directly impact the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The total number of cases in Brazil accounted for 9,497,795, out of which 231,012 total deaths are recorded. The shutdown of businesses and halt in ongoing offshore projects due to lockdown measures has directly affected the growth of the hydrographic survey market in this region. The sharp decline in business activities and product sales are also affected the growth rate of the hydrographic survey in this region in 2020 and most likely to affect till Mid-2021.

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 SAM hydrographic survey market. The SAM hydrographic survey market is expected to grow at a good CAGR during the forecast period.

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SAM Hydrographic Survey Market Segmentation


SAM Hydrographic Survey Market – By Component

  • Software
  • Services

SAM Hydrographic Survey Market – By End User

  • Marine
  • Oil & Gas

SAM Hydrographic Survey Market, by Country

  • Brazil
  • Argentina
  • Rest of SAM  

SAM Hydrographic Survey Market -Companies Mentioned

  • Esri
  • HYPACK / Xylem Inc.                         
  • OceanWise Limited 
  • Quality Positioning Services B.V. (QPS)
  • Teledyne Marine (Teledyne Technologies Incorporated
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Brazil, Argentina

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. SAM Hydrographic Survey Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Hydrographic Survey Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Number of Offshore Oil & Gas Projects

5.1.2 Rise in Maritime Commerce and Transport

5.2 Market Restraints

5.2.1 Deficiency of Awareness in Underdeveloped Countries

5.3 Market Opportunities

5.3.1 Increasing Demand for Energy & Power Projects

5.4 Future Trends

5.4.1 Collaborating Advanced Technologies with Hydrographic Survey Software and Services

5.5 Impact Analysis of Drivers and Restraints

6. Hydrographic Survey Market – SAM Analysis

6.1 SAM Hydrographic Survey Market Overview

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

7. SAM Hydrographic Survey Market Analysis – By Component

7.1 Overview

7.2 SAM 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. SAM Hydrographic Survey Market Analysis –By End User

8.1 Overview

8.2 SAM 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. SAM Hydrographic Survey Market – Country Analysis

9.1 Overview

9.1.1 SAM: Hydrographic Survey Market, by Key Country

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

9.1.1.1.1 Brazil: Hydrographic Survey Market, by Component

9.1.1.1.2 Brazil: Hydrographic Survey Market, by End User

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

9.1.1.2.1 Argentina: Hydrographic Survey Market, by Component

9.1.1.2.2 Argentina: Hydrographic Survey Market, by End User

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

9.1.1.3.1 Rest of SAM: Hydrographic Survey Market, by Component

9.1.1.3.2 Rest of SAM: Hydrographic Survey Market, by End User

10. SAM Hydrographic Survey Market- COVID-19 Impact Analysis

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 Teledyne Marine (Teledyne Technologies Incorporated)

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 OceanWise Limited

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 Quality Positioning Services B.V. (QPS)

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 Esri

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

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

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

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

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

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

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

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

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

Table 8. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Hydrographic Survey Market Segmentation

Figure 2. SAM Hydrographic Survey Market Segmentation – By Country

Figure 3. SAM 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. Brazil Held Largest Market Share in 2019

Figure 7. SAM PEST Analysis

Figure 8. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  1. Esri
  2. HYPACK / Xylem Inc.
  3. OceanWise Limited
  4. Quality Positioning Services B.V. (QPS)
  5. Teledyne Marine (Teledyne Technologies Incorporated)

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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