Acumen Research and Consulting estimates that global Geophysical Services market is expected to reach the market value of around US$ 22 Bn by 2027 and is anticipated to grow at a CAGR of around 5% in terms of revenue during the forecast period 2020 – 2027.
In the systematic compilation of geophysical data for mineral exploration, geophysical services play a significant role. In measuring magnetic and gravity fields in the interior and topography of the Earth, geophysical surveys are important. Rising mining and drilling activities is a major driver in the world's market for geophysical services. The market for geophysics services is projected to rise for precious metals, such as gold, platinum, titanium and silver. In order to satisfy the needs of the growing population, minerals are excavated more quickly around the world.
The report provides analysis of global Geophysical Services market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Dynamics
The global geophysical services industry is projected to expand significantly owing to the increasing activities in mining and petroleum & gas exploration. However, due to the environmental regulations levied by governments of several countries, demand for the geophysical services for mineral extraction is expected to curb the target market. Strong demand for geophysical data acquisition services as well as growing developments in the geophysical mining business is anticipated to provide lucrative growth opportunities throughout the forecast timeframe. Over the next five years, a revival of the price of crude oil will further stimulate a worldwide demand for geophysical services.
Regional Stance
North America held significant market share in 2019 and anticipated to govern the market amid the projected time span. North America is clearly the pioneer in the geophysical business industries due to the use of modern technologies for the exploitation of natural resources. Moreover, owing to the recent shale gas boom in the US, the region is considered the world's largest natural gas producer. With advances in shale gas drilling, the nation has modified the global natural gas outlook. Growing hydrocarbon demand has led to increased investment in exploration and development. Around the same time, due to rising acceptance of renewable and the growing success of electric cars, the manufacturing and industrial industry is being investing tremendously. The mining industry also plays a key role in boosting market economic growth.
Report coverage
The market research study on “Geophysical Services Market (Geophysical Services Market By Type: Aerial-based Survey, Land-based Survey; Geophysical Services Market By Service: Data Interpretation, Data Processing, Data Acquisition; Geophysical Services Market By Technology: Resistivity, Seismic, Ground Penetrating, Magnetic, Hyperspectral, Light Detection and Ranging, Gravity, Electromagnetics, Gradiometry, Other; Geophysical Services Market By End Use: Environment, Agriculture, Water Exploration, Minerals & Mining, Oil & Gas, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Geophysical Services market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Geophysical Services market size, and segment markets by type, service, technology, end use, and geography along with the information on companies operating in the market. The Geophysical Services market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Geophysical Ser
vices market is segmented as below:
Market Segmentation
Geophysical Services Market By Type
- Aerial-based Survey
- Land-based Survey
Geophysical Services Market By Service
- Data Interpretation
- Data Processing
- Data Acquisition
Geophysical Services Market By Technology
- Resistivity
- Seismic
- Ground Penetrating
- Magnetic
- Hyperspectral
- Light Detection and Ranging
- Gravity
- Electromagnetics
- Gradiometry
- Other
Geophysical Services Market By End Use
- Environment
- Agriculture
- Water Exploration
- Minerals & Mining
- Oil & Gas
- Others
Geophysical Services Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
The world demand for geophysical exploration and engineering resources is strongly competitive. The industry is dominated by leading firms. Participants include major global players such Geotech Ltd., EON Geosciences Inc., Dawson Geophysical Inc., TGS, Phoenix Geophysics, Compagnie Générale de Géophysique (CGG), Spectrum Geo Inc, TGS-NOPEC Geophysical Company L.P., Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Geophysical Services
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Geophysical Services Market By Type
1.2.2.1. Global Geophysical Services Market Revenue and Growth Rate Comparison By Type (2016-2027)
1.2.2.2. Global Geophysical Services Market Revenue Share By Type in 2019
1.2.2.3. Aerial-based Survey
1.2.2.4. Land-based Survey
1.2.3. Geophysical Services Market By Service
1.2.3.1. Global Geophysical Services Market Revenue and Growth Rate Comparison By Service (2016-2027)
1.2.3.1.1. Data Interpretation
1.2.3.1.2. Data Processing
1.2.3.1.3. Data Acquisition
1.2.4. Geophysical Services Market By Technology
1.2.4.1. Global Geophysical Services Market Revenue and Growth Rate Comparison By Technology (2016-2027)
1.2.4.2. Resistivity
1.2.4.3. Seismic
1.2.4.4. Ground Penetrating
1.2.4.5. Magnetic
1.2.4.6. Hyperspectral
1.2.4.7. Light Detection and Ranging
1.2.4.8. Gravity
1.2.4.9. Electromagnetics
1.2.4.10. Gradiometry
1.2.4.11. Other
1.2.5. Geophysical Services Market By End Use
1.2.5.1. Global Geophysical Services Market Revenue and Growth Rate Comparison By End Use (2016-2027)
1.2.5.2. Environment
1.2.5.3. Agriculture
1.2.5.4. Water Exploration
1.2.5.5. Minerals & Mining
1.2.5.6. Oil & Gas
1.2.5.7. Others
1.2.6. Geophysical Services Market By Geography
1.2.6.1. Global Geophysical Services Market Revenue and Growth Rate Comparison by Geography (2016-2027)
1.2.6.2. North America Geophysical Services Market Revenue and Growth Rate(2016-2027)
1.2.6.3. Europe Geophysical Services Market Revenue and Growth Rate(2016-2027)
1.2.6.4. Asia-Pacific Geophysical Services Market Revenue and Growth Rate(2016-2027)
1.2.6.5. Latin America Geophysical Services Market Revenue and Growth Rate(2016-2027)
1.2.6.6. Middle East and Africa (MEA) Geophysical Services Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Geophysical Services Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Geophysical Services Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Geophysical Services Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Geophysical Services Major Manufacturers in 2019
CHAPTER 4. GEOPHYSICAL SERVICES MARKET BY TYPE
4.1. Global Geophysical Services Revenue By Type
4.2. Aerial-based Survey
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. Land-based Survey
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. GEOPHYSICAL SERVICES MARKET BY SERVICE
5.1. Global Geophysical Services Revenue By Service
5.2. Data Interpretation
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.3. Data Processing
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.4. Data Acquisition
5.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 6. GEOPHYSICAL SERVICES MARKET BY TECHNOLOGY
6.1. Global Geophysical Services Revenue By Technology
6.2. Resistivity
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Seismic
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.4. Ground Penetrating
6.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.5. Magnetic
6.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.6. Hyperspectral
6.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.7. Light Detection and Ranging
6.7.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.8. Gravity
6.8.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.8.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.9. Electromagnetics
6.9.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.9.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.10. Gradiometry
6.10.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.10.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.11. Other
6.11.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.11.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. GEOPHYSICAL SERVICES MARKET BY END USE
7.1. Global Geophysical Services Revenue By End Use
7.2. Environment
7.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.3. Agriculture
7.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.4. Water Exploration
7.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.5. Minerals & Mining
7.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.6. Oil & Gas
7.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.7. Others
7.7.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.7.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 8. NORTH AMERICA GEOPHYSICAL SERVICES MARKET BY COUNTRY
8.1. North America Geophysical Services Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2. North America Geophysical Services Market Revenue Share Comparison, 2016 & 2027 (%)
8.3. U.S.
8.3.1. U.S. Geophysical Services Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
8.3.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
8.4.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
CHAPTER 9. EUROPE GEOPHYSICAL SERVICES MARKET BY COUNTRY
9.1. Europe Geophysical Services Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. Europe Geophysical Services Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
9.3.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
9.4.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
9.5.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
9.6.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
9.7.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
CHAPTER 10. ASIA-PACIFIC GEOPHYSICAL SERVICES MARKET BY COUNTRY
10.1. Asia-Pacific Geophysical Services Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Asia-Pacific Geophysical Services Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
10.3.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
10.4.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
10.5.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.6.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
10.6.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
10.6.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.7.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
10.7.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
10.7.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.8.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
10.8.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
10.8.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
CHAPTER 11. LATIN AMERICA GEOPHYSICAL SERVICES MARKET BY COUNTRY
11.1. Latin America Geophysical Services Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Latin America Geophysical Services Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
11.3.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
11.4.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
11.5.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA GEOPHYSICAL SERVICES MARKET BY COUNTRY
12.1. Middle East & Africa Geophysical Services Market Revenue and Growth Rate, 2016 - 2027 ($Million)
12.2. Middle East & Africa Geophysical Services Market Revenue Share Comparison, 2016 & 2027 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
12.3.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
12.3.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
12.3.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
12.4.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
12.4.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
12.4.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
12.5.2. Market Revenue and Forecast By Service, 2016 - 2027 ($Million)
12.5.3. Market Revenue and Forecast By Technology, 2016 - 2027 ($Million)
12.5.4. Market Revenue and Forecast By End Use, 2016 - 2027 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Geotech Ltd
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. EON Geosciences Inc
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Dawson Geophysical Inc
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. TGS
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Phoenix Geophysics
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Compagnie Générale de Géophysique (CGG)
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Spectrum Geo Inc
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. TGS-NOPEC Geophysical Company L.P.
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Others
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
