The global geophysical services market is expected to grow at an impressive rate by 2028, according to a report by TechSci Research. The report, titled "Global Geophysical Services Market By Technology, By Type, By Services, By End User, By Region, Competition, Forecast & Opportunities, 2028," states that the growing investment in mineral and mining industries, increasing demand for aerial-based geophysical surveys, and rising instability in crude oil prices are contributing to the increasing adoption of geophysical services. Additionally, the depleted hydrocarbon reserves are driving oil and gas exploration activities, while the improvement in crude oil prices is expected to bring new projects, further boosting the demand for geophysical surveys and the overall global geophysical services market.
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The global geophysical services market is divided into various segments, including technology, type, services, end users, region, and company. In terms of technology, the market is fragmented into seismic, magnetic, gravity, electromagnetic, LIDAR, ground-penetrating, and other categories. The seismic technology segment is poised to have a significant market share during the forecast period due to its widespread use in the oil and gas industry for making crucial exploration and reservoir decisions. Based on type, the market can be further divided into aerial-based survey and land-based survey, with the latter expected to dominate the market due to the rising demand for seismic surveys in the oil and gas industry. The end-user segmentation includes agriculture, environment, minerals & mining, oil & gas, water exploration, and others, with the oil & gas sector projected to lead the market during the forecast period, driven by increasing investments in the mining industry.
Dawson Geophysical Inc., Geotech Ltd., Compagnie Générale de Géophysique (CGG), TGS-NOPEC Geophysical Company L.P., Spectrum Geo Inc., Geophysical Survey Systems, Inc., Sea Geo Surveys Pvt. Ltd., ION Geophysical Corporation, Phoenix Geophysics Limited, and others are some of the leading players operating in the global geophysical services market. The companies operating in the market are using organic strategies such as product launches, mergers, and collaborations to boost their share.
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"North America is anticipated to be the largest and fastest-growing market during the forecast period, due to an increase in mineral exploration activities and a high volume of geophysical survey activities in the region. The United States is the dominant player in the geophysical services market for minerals and mining in North America, driven by a high number of geophysical survey activities in regions such as the basins of Oakland, Houston, Seattle, Florida, New York, and Philadelphia. Canada is also a significant exporter of minerals and metals on a global scale. This was stated by Mr. Karan Chechi, the Research Director of TechSci Research, a global management consulting firm based on research.
"Global Geophysical Services Market By Technology, By Type, By Services, By End User, By Region, Competition, Forecast & Opportunities, 2028" has evaluated the future growth potential of the global geophysical services market and provided statistics and information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyses the emerging trends along with the essential drivers, challenges, and opportunities in the global geophysical services market.
Segment Covered:
- Geophysical Services Market, By Technology:
- Seismic
- Magnetic
- Gravity
- Electromagnetics
- LIDAR
- Ground Penetrating
- Others
- Geophysical Services Market, By Type:
- Aerial Based Survey
- Land Based Survey
- Geophysical Services Market, By Services:
- Data Processing
- Data Interpretation
- Data Acquisition
- Geophysical Services Market, By End User:
- Agriculture
- Environment
- Minerals & Mining
- Oil & Gas
- Water Exploration
- Others
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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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Based on type, geophysical services can be categorized into aerial-based and land-based geophysical surveys.
Land-based geophysical surveys play a vital role in the exploration of various minerals, hydrocarbon sources, oil and gas reserves, etc.
These surveys also help understand geophysical conditions of the ground surface and sub-surface.
Aerial-based surveys capture images by using fixed-wing aircraft and helicopters.Based on region, North America led the global geophysical services market with more than 28% share in 2017.
Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-geophysical-services-2021-2027-418 Market Analysis and Insights: Global Geophysical Services Market The global Geophysical Services market size is projected to reach US$ 10160 million by 2027, from US$ 8564.5 million in 2020, at a CAGR of 3.6% during 2021-2027.With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Geophysical Services market to help players in achieving a strong market position.
Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Geophysical Services market in terms of revenue.On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Geophysical Services market.
The Integrated Geophysical Services Global Market Report 2021-30 by The Business Research Company describes and explains the global integrated geophysical services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The report evaluates the market across each region and for the major economies within each region.The Integrated Geophysical Services Global Market Report 2021 covers integrated geophysical services market drivers, integrated geophysical services market trends, integrated geophysical services market segments, integrated geophysical services market growth rate, integrated geophysical services market major players, and integrated geophysical services market size.View Complete Report: https://www.thebusinessresearchcompany.com/report/integrated-geophysical-services-global-market-reportThe integrated geophysical services market report provides an in-depth analysis of the impact of COVID-19 on the global integrated geophysical services industry, along with revised market numbers due to the effects of the coronavirus and the expected integrated geophysical services market growth numbers 2021-2030.Integrated Geophysical Services Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=3643=smpThe global integrated geophysical services market is expected to grow from $1.35 billion in 2020 to $1.46 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%.
The market is expected to reach $1.51 billion in 2025 at a CAGR of 0.8%.The report covers the integrated geophysical service market segments-1) By Method: Vertical Electrical Sounding, Electrical Resistivity Tomography (ERT), Seismic Refraction, Microgravity Survey with Differential GPS, Magnetic Profiles, Induced Polarization, 2D Seismic Prospection (Refraction Tomography and Reflection Sections), Ground Penetrating Radar (GPR).2) By Application: Infrastructure and Building Constructions, Offshore Wind Farm Surveys, Offshore Cable Tracking Surveys, Mineral Exploration and Mining Engineering, Natural Resources and Energy, Water Resources, Environment and Waste Management, Archaeological Surveys.3) By Survey Type: Aerial-based, Land-based.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
Integrated Geophysical Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the integrated geophysical services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected integrated geophysical services market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/integrated-geophysical-services-global-market-reportThe Integrated Geophysical Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global integrated geophysical services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Integrated Geophysical Services Global Market Report 2021 covers integrated geophysical services market drivers, integrated geophysical services market trends, integrated geophysical services market growth rate, integrated geophysical services market major players, player-adopted strategies in the market, and integrated geophysical services market size.The global integrated geophysical services market is expected to grow from $1.35 billion in 2020 to $1.46 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The market is expected to reach $1.51 billion in 2025 at a CAGR of 0.8%.
