Underwater Transducer Market: COVID-19 Impact and Global Analysis Forecast to 2028

Transducer is defined as a device which converts one form of energy to another. A transducer is used to convert one form of signal into another form. They are often active at the boundaries of measurement, automation and control systems i.e. at places where the electric signals are converted to another physical quantity such as energy, torque, motion, light, etc. This process of conversion of one form of energy to another is called as transduction. Transducers are available in various types, such as active, passive, sensors, actuators among others. The active sensors produce electric signals in reaction to an external stimulus without the requirement of an additional energy source, whereas the passive sensors need an external power source in order to operate. Sensors are the devices that receive signals and respond to them. The underwater transducer has transmitters and receiver. It can also be conjugated with a hydrophone. These underwater transducers are used to sense the signal and then use them to identify the direction and distance data for mapping, communication and navigation.

One of the major driver boosting the growth of global underwater transducer market is the rising demand from fleets due to augment in number of carriers. In addition to this, the new technological development is also anticipated to boost the market growth in the near future. The upgradation and replacements of submarines is also expected to fuel the growth of global underwater transducer market in the near future. One of the major restraints for the growth of this market is the complex working environment.

The global underwater transducer market is segmented on the basis of frequency and application. The underwater transducer market is segmented based on frequency as low frequency, medium frequency and high frequency. Based on application, the global underwater transducer market is segmented into hydrophone, transmitting and others.
The market for underwater transducer is bifurcated based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East. Asia Pacific is expected to hold significant share in the global underwater transducer market. This is mainly attributed to the extensively growing demand from fleets in developing countries such as India and China. Latin America is expected to grow at significant rate over the forecast period. North America and Europe are also anticipated to contribute significant share in the global market and are expected to witness sluggish growth in the near future.
Some of the key players in the global underwater transducer market are Benthowave Instrument Inc., Chelsea Technologies Group Ltd., DSPComm, CTG, Lubell Labs Inc., Reson A/S, Sensor Technology Ltd., Applied Physical Sciences Corp. Neptune Sonar Ltd, and Ace Aquatec. Major players operating in the global underwater transducer market are focused on market strategies such as mergers and acquisitions as well as collaboration to hold their position competitive global market. In addition to this, the major players in the global underwater transducer market are focused in product innovations so as to reduce the complexities and hence, cater to the growing and changing demand from consumers.

The market for underwater transducer is segmented
By Frequency:
• Low frequency
• Medium frequency
• High frequency
By Application:
• Hydrophone
• Transmitting
• Others
By Region:
• North America
Market By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• Latin America
o Brazil
o Chile
o Rest of Latin America
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA