Uploaded on Jun 18, 2023
Geophysical services collect systematic data from earth surface for monitoring various electric magnetic fields, site characterization, and exploration of potential mines, oil & gas minerals.
Geophysical Services Market
Geophysical Services Market by
Technology, by Type, by End
Use: Global Opportunity
Analysis and Industry
OFpoporrteuncitay Asntal,y si2s a0nd2 In1du-s2try0 Fo3re1cast, 2016-2023
Pages: 337 Tables: 207 Charts: 51
Global Geophysical Services Market Outlook (2021 – 2031)
Top Impacting Factors :
• The geophysical services market size was valued at $14.4 billion in 2021, and geophysical
services industry is estimated to reach $21.4 billion by 2031, growing at a CAGR of 4.1%
from 2022 to 2031.
• A complete geophysical survey helps extract information about the topography and
subsurface of the earth.
• The demand for geophysical services in the oil & gas industries due to the decline in the
known resources, owing to its technical application in oil & gas exploration, companies
operating in the market are increasing their data base related to geophysics which can be
used by many end use industries.
Pages: 337 Tables: 207 Charts: 51
Global Geophysical Services Market Outlook (2021 – 2031)
• The government of various countries have invested in the development of onshore and
offshore wind energy which needs strong support of geophysical data.
• The increase in the utilization of geophysical services in the archaeological research to
excavate the buried history of ancient civilization also has positive impact on the market.
• The presence of natural hazards such as earthquake, tsunami, and floods, has increased
the demand for geophysical services market in mining and marine exploration.
Pages: 337 Tables: 207 Charts: 51
Global Geophysical Services Market Outlook (2021 – 2031)
Key Findings of The Market:
• North America would exhibit CAGR of 4.1% during 2022-2031.
• As per global geophysical services market analysis, by technology, the seismic segment
accounted for the largest share in 2021.
• By type, marine based survey was the leading segment in 2021.
• By end-use, oil & gas segment has largest market share in 2021.
Pages: 337 Tables: 207 Charts: 51
Key Findings of The Geophysical Services Market:
• Schlumberger Limited
• Getech
• Spectrum Geophysics
• TGS, Ramboll Group A/S
• SGS SA,
• Petroleum Geo-service
• EON Geosciences
• CGG
• Xcalibur Multiphysics
• Fugro
• Abitibi Geophysics
• Shearwater Services
• NUVIA Dynamics Inc.
• Dawson Geophysical Company
Global Geophysical Services Market Outlook (2021 – 2031)
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