Seismic Services Market size to grow by USD 1.35 billion between 2022 to 2027| Agile Seismic LLC., Amerapex Corp., Asian Energy Services Ltd. and more among key companies - Technavio

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Sep 25, 2023, 18:15 ET

NEW YORK, Sept. 25, 2023 /PRNewswire/ -- The Seismic Services Market size is projected to increase by USD 1.35 billion, accelerating at a CAGR of 2.93% during the forecast period, according to Technavio. Rising multi-client survey approach in seismic services is notably driving the seismic services market. However, factors such as overcapacity with regard to seismic survey vessel fleets may impede the market growth. Technavio's report provides a detailed analysis of major companies operating in the seismic services market including Agile Seismic LLC, Amerapex Corp., Asian Energy Services Ltd, Briscoe Group Ltd, CGG SA, China National Offshore Oil Corp., China National Petroleum Corp., Echo Seismic Ltd., Fugro NV, Halliburton Co., PGS ASA, Polarcus Ltd., Pulse Seismic Inc., RASMUSSENGRUPPEN AS, SAExploration Holdings Inc., Schlumberger Ltd., SeaBird Exploration Plc, Sinopec Shanghai Petrochemical Co. Ltd., TGS NOPEC Geophysical Co ASA, and Alphageo India Ltd. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request free sample report now

Technavio has announced its latest market research report titled Global Seismic Services Market 2023-2027

Seismic Services Market 2023-2027: Company Analysis

Agile Seismic LLC. - The company offers seismic services such as advanced 3D seismic processing and imaging for high-density and wide azimuth land surveys, narrow azimuth marine surveys, and ocean bottom cables.

This report provides a full list of key companies, their strategies, and latest developments. Buy the full report now for detailed company information

Seismic Services Market 2023-2027: Segmentation

Deployment

Onshore
Offshore

Services

Data acquisition
Data processing
Data interpretation

Geography

North America
Europe
APAC
Middle East and Africa
South America

The onshore segment is expected to experience substantial growth during the forecast period. Seismic surveys primarily find application in onshore settings, where three distinct survey types are employed: 2D, 3D, and 4D. Surface-level measurements are obtained through 2D seismic surveys, while 3D surveys are utilized for subsurface exploration.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. Download the free sample report here

Seismic Services Market 2023-2027: Dynamics

Driver - The ring multi-client survey approach in seismic services is driving market growth.
Trends - The increasing adoption of 4D seismic survey technology is a key trend.
Challenges - The fluctuations in crude oil prices are a major challenge

For more information on the market drivers, trends and challenges, download the sample report

Seismic Services Market 2023-2027: Key Highlights

Historic Market Size 2017-2021
CAGR of the market during 2023-2027
Detailed information on factors that will assist seismic services market growth during the next five years
Forecasts on upcoming trends and changes in consumer behavior
The growth of the seismic services market
Analysis of the competitive landscape and detailed information on companies
Comprehensive details of factors that will impede the growth of seismic services market companies

Related Reports:

Offshore Oil and Gas Seismic Equipment and Acquisitions Market: The offshore oil and gas seismic equipment and acquisitions market share is expected to increase by USD 1.62 billion by 2026 at a CAGR of 7.13%.

Global Land Seismic Equipment and Acquisition Market: Our acquisition market land seismic equipment & acquisition market forecast has estimated that this market will register a revenue of almost USD 2.5 billion by 2021.

Table of Contents:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by Services
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio