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GEOPHYSICAL SERVICES MARKET IS SET TO EXPERIENCE REVOLUTIONARY GROWTH BY 2026 : TGS, SPECTRUM GEOPHYSICS

Geophysical Services market is accounted for $2150.05 million in 2017 and is expected to reach $3571.25 million by 2026 growing at a CAGR of 5.8% during the forecast period. Growing investments in mineral & mining industries, rising instability in crude oil prices and increasing usage of aerial-based geophysical surveys are the major factors driving the market growth. However, the downturn in the oil & gas industry is restraining market growth.

Major Key Players of the Geophysical Services Market are:
TGS, Spectrum Geophysics, Sea Geo Surveys Pvt Ltd, Polaris Seismic International, Phoenix Geophysics, ION Geophysical Corporation, Intertek Group plc, GEOTECH, Geophysical Survey Systems Inc., Fugro, EON Geosciences, Dawson Geophysical Inc., Compagnie Gnrale de Gophysique and BTW Company.

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Geophysical survey is essential in obtaining magnetic and gravitational fields of the Earth’s interior and topography. Geophysical surveys have many applications in geology, archaeology, mineral and energy exploration, oceanography, and engineering.

Based on Technology, the Seismic segment accounted for considerable market share during the forecast period due to wide usage in the oil & gas industry. Seismic services help the oil and gas companies to make critical exploration and reservoir decisions. Seismic services facilitate oil companies to locate reservoirs and refine oil and natural gas fields. By geography, North America held the largest market share during the forecast period due to the rise in mineral exploration activities and a high number of geophysical survey activities in this region.

Major Types of Geophysical Services Market covered are:
Land-based Survey
Aerial-based Survey

Major Applications of Geophysical Services Market covered are:
Agriculture
Environment
Minerals & Mining
Oil & Gas
Water Exploration
Other End Users

Research objectives:-

– To study and analyze the global Geophysical Services consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Geophysical Services market by identifying its various sub-segments.
– Focuses on the key global Geophysical Services manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Geophysical Services with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Geophysical Services Market Size
2.2 Geophysical Services Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Geophysical Services Market Size by Manufacturers
3.2 Geophysical Services Key Players Head office and Area Served
3.3 Key Players Geophysical Services Product/Solution/Service
3.4 Date of Enter into Geophysical Services Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Geophysical Services Sales by Product
4.2 Global Geophysical Services Revenue by Product
4.3 Geophysical Services Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Geophysical Services Breakdown Data by End User

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In the end, Geophysical Services industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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