Through the Climate Linked Atlantic Sector Science Project (CLASS) program, the National Oceanography Centre (NOC) constructed a new tidal gauge on the isolated Ascension Island, offering a rare record of sea level in the far-off ocean.
Three new tide gauges are being installed by the National Oceanography Centre (NOC) of the UK for the Government of Saint Lucia as part of the Disaster Vulnerability Reduction Project (DVRP), which aims to lessen the island's vulnerability to disasters and climate change.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5062
Published Date: Jun 22, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are the growing prevalence of tsunamis, the rise in fishing activities, and the surging use of tide gauges in coastal engineering.
The market size of the tide gauge is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Kongsberg Maritime, Teledyne Reson, Atlas Elektronik, Seafloor Systems, Inc., and more.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by application, type, and by region.
The float-type tide gauge segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Strict government regulations, inaccurate data provided by the tide gauge, and the high cost of setting the tide gauge are estimated to be the growth-hindering factors for the market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.