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
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
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