Global Hydrophone Market Size is Expected to Grow to $158.53 Million by 2028

Global Hydrophone Market Overview

According to Global Market Monitor, the global hydrophone market size is expected to grow to $158.53 million by 2028 with a CAGR of 4.51% from 2023 to 2028.A hydrophone can convert acoustic signals into electrical signals to receive sound in the water, which is widely used in underwater communication, detection, target location, tracking, and other fields, and it is an important part of sonar. Underwater detection, identification, communication, marine environment monitoring, and marine resources development are inseparable from hydrophones.

Global Hydrophone Market Status

In the 21st century, the world has entered a new era of large-scale high-tech ocean development, and many countries have included comprehensive marine utilization in their national development strategies. In the process of vigorously developing the marine economy, the breadth, accuracy, timeliness, and predictability of marine information acquisition have become particularly important. Europe dominated the hydrophone market in 2022 with a market share of 62.2%.

Optical Fiber Hydrophones are the Main Trend in the Future.

Fiber optic hydrophones are the latest generation technology and are expected to replace piezoelectric hydrophones in the future. Since the 1970s, with the development of optical fiber and optical fiber communication technology, optical fiber hydrophones with optical fiber as the core material came out, and quickly became the new growth pole of the industry.

An optical fiber hydrophone is a device that uses optical fiber technology to detect underwater sound waves. Compared with traditional piezoelectric hydrophones, it has extremely high sensitivity, a sufficiently large dynamic range, essential resistance to electromagnetic interference, and no impedance matching requirements. Therefore, it is enough to meet the challenges from the continuous improvement of submarine squelch technology and meet the requirements of anti-submarine strategies of developed countries. It is regarded as one of the key national defense technology development projects. With the acceleration of the military modernization process in various countries, the market demand has continued to expand, providing opportunities for players in the industry. The United States and the United Kingdom are leaders in the fiber optic hydrophones field.Other countries are currently catching up. China started late in the field and its domestic alternatives are expected to become the main theme of development.

Drivers	The development of fiber optic hydrophones promotes industry demand.
	Sonar development promotes hydrophone development.
	With the advent of the marine economy, the marine exploration industry is expected to usher in leapfrog development.
Challenges	Higher qualification barriers
	Talent barriers