Geophysical Services Market
PUBLISHED: 2019 ID: SMRC18330
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Geophysical Services Market

Geophysical Services - Global Market Outlook (2017-2026)

4.8 (90 reviews)
4.8 (90 reviews)
Published: 2019 ID: SMRC18330

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Geophysical Services market is accounted for $2,150.05 million in 2017 and is expected to reach $3,571.25 million by 2026 growing at a CAGR of 5.8% during the forecast period. Growing investments in mineral & mining industries, rising instability in crude oil prices and increasing usage of aerial-based geophysical surveys are the major factors driving the market growth. However, the downturn in the oil & gas industry is restraining market growth.

Geophysical survey is essential in obtaining magnetic and gravitational fields of the Earth's interior and topography. Geophysical surveys have many applications in geology, archaeology, mineral and energy exploration, oceanography, and engineering.

Based on Technology, the Seismic segment accounted for considerable market share during the forecast period due to wide usage in the oil & gas industry. Seismic services help the oil and gas companies to make critical exploration and reservoir decisions. Seismic services facilitate oil companies to locate reservoirs and refine oil and natural gas fields. By geography, North America held the largest market share during the forecast period due to the rise in mineral exploration activities and a high number of geophysical survey activities in this region.

Some of the key players profiled in the Geophysical Services Market include TGS, Spectrum Geophysics, Sea Geo Surveys Pvt Ltd, Polaris Seismic International, Phoenix Geophysics, ION Geophysical Corporation, Intertek Group plc, GEOTECH, Geophysical Survey Systems Inc., Fugro, EON Geosciences, Dawson Geophysical Inc., Compagnie Générale de Géophysique and BTW Company. 

Types Covered:
• Land-based Survey
• Aerial-based Survey

Technologies Covered:
• Seismic
• Resistivity
• Magnetic
• Light Detection and Ranging (LIDAR)
• Hyperspectral
• Ground Penetrating 
• Gravity
• Gradiometry
• Electromagnetics
• Other Technologies 

End Users Covered:
• Agriculture
• Environment
• Minerals & Mining
• Oil & Gas
• Water Exploration
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
           
2 Preface          
 2.1 Abstract         
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology         
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions        
           
3 Market Trend Analysis          
 3.1 Introduction         
 3.2 Drivers         
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats         
 3.6 Technology Analysis          
 3.7 End User Analysis         
 3.8 Emerging Markets         
 3.9 Futuristic Market Scenario         
           
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry         
           
5 Global Geophysical Services Market, By Type          
 5.1 Introduction         
 5.2 Land-based Survey         
 5.3 Aerial-based Survey         
           
6 Global Geophysical Services Market, By Technology          
 6.1 Introduction         
 6.2 Seismic         
 6.3 Resistivity         
 6.4 Magnetic         
 6.5 Light Detection and Ranging (LIDAR)         
 6.6 Hyperspectral         
 6.7 Ground Penetrating Radar         
 6.8 Gravity         
 6.9 Gradiometry         
 6.10 Electromagnetics         
 6.11 Other Technologies         
  6.11.1 Magnetotellurics        
  6.11.2 Polarization         
            
7 Global Geophysical Services Market, By End User          
 7.1 Introduction         
 7.2 Agriculture         
 7.3 Environment         
 7.4 Minerals & Mining         
 7.5 Oil & Gas         
 7.6 Water Exploration         
 7.7 Other End Users         
           
8 Global Geophysical Services Market, By Geography          
 8.1 Introduction         
 8.2 North America         
  8.2.1 US        
  8.2.2 Canada        
  8.2.3 Mexico        
 8.3 Europe         
  8.3.1 Germany         
  8.3.2 UK        
  8.3.3 Italy        
  8.3.4 France        
  8.3.5 Spain        
  8.3.6 Rest of Europe        
 8.4 Asia Pacific         
  8.4.1 Japan        
  8.4.2 China        
  8.4.3 India        
  8.4.4 Australia        
  8.4.5 New Zealand        
  8.4.6 South Korea        
  8.4.7 Rest of Asia Pacific        
 8.5 South America         
  8.5.1 Argentina        
  8.5.2 Brazil        
  8.5.3 Chile        
  8.5.4 Rest of South America        
 8.6 Middle East & Africa         
  8.6.1 Saudi Arabia        
  8.6.2 UAE        
  8.6.3 Qatar        
  8.6.4 South Africa        
  8.6.5 Rest of Middle East & Africa        
           
9 Key Developments          
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures         
 9.2 Acquisitions & Mergers         
 9.3 New Product Launch         
 9.4 Expansions         
 9.5 Other Key Strategies         
           
10 Company Profiling          
 10.1 TGS         
 10.2 Spectrum Geophysics          
 10.3 Sea Geo Surveys Pvt Ltd         
 10.4 Polaris Seismic International         
 10.5 Phoenix Geophysics         
 10.6 ION Geophysical Corporation         
 10.7 Intertek Group plc         
 10.8 GEOTECH         
 10.9 Geophysical Survey Systems Inc.         
 10.10 Fugro         
 10.11 EON Geosciences         
 10.12 Dawson Geophysical Inc.         
 10.13 Compagnie Générale de Géophysique         
 10.14 BTW Company         


List of Tables           
1 Global Geophysical Services Market Outlook, By Region (2016-2026) (US $MN)           
2 Global Geophysical Services Market Outlook, By Type (2016-2026) (US $MN)           
3 Global Geophysical Services Market Outlook, By Land-based Survey (2016-2026) (US $MN)            
4 Global Geophysical Services Market Outlook, By Aerial-based Survey (2016-2026) (US $MN)           
5 Global Geophysical Services Market Outlook, By Technology (2016-2026) (US $MN)           
6 Global Geophysical Services Market Outlook, By Seismic (2016-2026) (US $MN)           
7 Global Geophysical Services Market Outlook, By Resistivity (2016-2026) (US $MN)           
8 Global Geophysical Services Market Outlook, By Magnetic (2016-2026) (US $MN)           
9 Global Geophysical Services Market Outlook, By Light Detection and Ranging (LIDAR) (2016-2026) (US $MN)           
10 Global Geophysical Services Market Outlook, By Hyperspectral (2016-2026) (US $MN)           
11 Global Geophysical Services Market Outlook, By Ground Penetrating (2016-2026) (US $MN)           
12 Global Geophysical Services Market Outlook, By Gravity (2016-2026) (US $MN)           
13 Global Geophysical Services Market Outlook, By Gradiometry (2016-2026) (US $MN)           
14 Global Geophysical Services Market Outlook, By Electromagnetics (2016-2026) (US $MN)           
15 Global Geophysical Services Market Outlook, By Other Technologies (2016-2026) (US $MN)           
16 Global Geophysical Services Market Outlook, By Magnetotellurics (2016-2026) (US $MN)           
17 Global Geophysical Services Market Outlook, By Polarization (2016-2026) (US $MN)           
18 Global Geophysical Services Market Outlook, By End User (2016-2026) (US $MN)           
19 Global Geophysical Services Market Outlook, By Agriculture (2016-2026) (US $MN)           
20 Global Geophysical Services Market Outlook, By Environment (2016-2026) (US $MN)           
21 Global Geophysical Services Market Outlook, By Minerals & Mining (2016-2026) (US $MN)           
22 Global Geophysical Services Market Outlook, By Oil & Gas (2016-2026) (US $MN)           
23 Global Geophysical Services Market Outlook, By Water Exploration (2016-2026) (US $MN)           
24 Global Geophysical Services Market Outlook, By Other End Users (2016-2026) (US $MN)           
25 North America Geophysical Services Market Outlook, By Country (2016-2026) (US $MN)           
26 North America Geophysical Services Market Outlook, By Type (2016-2026) (US $MN)           
27 North America Geophysical Services Market Outlook, By Land-based Survey (2016-2026) (US $MN)           
28 North America Geophysical Services Market Outlook, By Aerial-based Survey (2016-2026) (US $MN)           
29 North America Geophysical Services Market Outlook, By Technology (2016-2026) (US $MN)           
30 North America Geophysical Services Market Outlook, By Seismic (2016-2026) (US $MN)           
31 North America Geophysical Services Market Outlook, By Resistivity (2016-2026) (US $MN)           
32 North America Geophysical Services Market Outlook, By Magnetic (2016-2026) (US $MN)           
33 North America Geophysical Services Market Outlook, By Light Detection and Ranging (LIDAR) (2016-2026) (US $MN)           
34 North America Geophysical Services Market Outlook, By Hyperspectral (2016-2026) (US $MN)           
35 North America Geophysical Services Market Outlook, By Ground Penetrating (2016-2026) (US $MN)           
36 North America Geophysical Services Market Outlook, By Gravity (2016-2026) (US $MN)           
37 North America Geophysical Services Market Outlook, By Gradiometry (2016-2026) (US $MN)           
38 North America Geophysical Services Market Outlook, By Electromagnetics (2016-2026) (US $MN)           
39 North America Geophysical Services Market Outlook, By Other Technologies (2016-2026) (US $MN)           
40 North America Geophysical Services Market Outlook, By Magnetotellurics (2016-2026) (US $MN)           
41 North America Geophysical Services Market Outlook, By Polarization (2016-2026) (US $MN)           
42 North America Geophysical Services Market Outlook, By End User (2016-2026) (US $MN)           
43 North America Geophysical Services Market Outlook, By Agriculture (2016-2026) (US $MN)           
44 North America Geophysical Services Market Outlook, By Environment (2016-2026) (US $MN)           
45 North America Geophysical Services Market Outlook, By Minerals & Mining (2016-2026) (US $MN)           
46 North America Geophysical Services Market Outlook, By Oil & Gas (2016-2026) (US $MN)           
47 North America Geophysical Services Market Outlook, By Water Exploration (2016-2026) (US $MN)           
48 North America Geophysical Services Market Outlook, By Other End Users (2016-2026) (US $MN)           
49 Europe Geophysical Services Market Outlook, By Country (2016-2026) (US $MN)           
50 Europe Geophysical Services Market Outlook, By Type (2016-2026) (US $MN)           
51 Europe Geophysical Services Market Outlook, By Land-based Survey (2016-2026) (US $MN)           
52 Europe Geophysical Services Market Outlook, By Aerial-based Survey (2016-2026) (US $MN)           
53 Europe Geophysical Services Market Outlook, By Technology (2016-2026) (US $MN)           
54 Europe Geophysical Services Market Outlook, By Seismic (2016-2026) (US $MN)           
55 Europe Geophysical Services Market Outlook, By Resistivity (2016-2026) (US $MN)           
56 Europe Geophysical Services Market Outlook, By Magnetic (2016-2026) (US $MN)           
57 Europe Geophysical Services Market Outlook, By Light Detection and Ranging (LIDAR) (2016-2026) (US $MN)           
58 Europe Geophysical Services Market Outlook, By Hyperspectral (2016-2026) (US $MN)           
59 Europe Geophysical Services Market Outlook, By Ground Penetrating (2016-2026) (US $MN)           
60 Europe Geophysical Services Market Outlook, By Gravity (2016-2026) (US $MN)           
61 Europe Geophysical Services Market Outlook, By Gradiometry (2016-2026) (US $MN)           
62 Europe Geophysical Services Market Outlook, By Electromagnetics (2016-2026) (US $MN)           
63 Europe Geophysical Services Market Outlook, By Other Technologies (2016-2026) (US $MN)           
64 Europe Geophysical Services Market Outlook, By Magnetotellurics (2016-2026) (US $MN)           
65 Europe Geophysical Services Market Outlook, By Polarization (2016-2026) (US $MN)           
66 Europe Geophysical Services Market Outlook, By End User (2016-2026) (US $MN)           
67 Europe Geophysical Services Market Outlook, By Agriculture (2016-2026) (US $MN)           
68 Europe Geophysical Services Market Outlook, By Environment (2016-2026) (US $MN)           
69 Europe Geophysical Services Market Outlook, By Minerals & Mining (2016-2026) (US $MN)           
70 Europe Geophysical Services Market Outlook, By Oil & Gas (2016-2026) (US $MN)           
71 Europe Geophysical Services Market Outlook, By Water Exploration (2016-2026) (US $MN)           
72 Europe Geophysical Services Market Outlook, By Other End Users (2016-2026) (US $MN)           
73 Asia Pacific Geophysical Services Market Outlook, By Country (2016-2026) (US $MN)           
74 Asia Pacific Geophysical Services Market Outlook, By Type (2016-2026) (US $MN)           
75 Asia Pacific Geophysical Services Market Outlook, By Land-based Survey (2016-2026) (US $MN)           
76 Asia Pacific Geophysical Services Market Outlook, By Aerial-based Survey (2016-2026) (US $MN)           
77 Asia Pacific Geophysical Services Market Outlook, By Technology (2016-2026) (US $MN)           
78 Asia Pacific Geophysical Services Market Outlook, By Seismic (2016-2026) (US $MN)           
79 Asia Pacific Geophysical Services Market Outlook, By Resistivity (2016-2026) (US $MN)           
80 Asia Pacific Geophysical Services Market Outlook, By Magnetic (2016-2026) (US $MN)            
81 Asia Pacific Geophysical Services Market Outlook, By Light Detection and Ranging (LIDAR) (2016-2026) (US $MN)           
82 Asia Pacific Geophysical Services Market Outlook, By Hyperspectral (2016-2026) (US $MN)           
83 Asia Pacific Geophysical Services Market Outlook, By Ground Penetrating (2016-2026) (US $MN)           
84 Asia Pacific Geophysical Services Market Outlook, By Gravity (2016-2026) (US $MN)           
85 Asia Pacific Geophysical Services Market Outlook, By Gradiometry (2016-2026) (US $MN)           
86 Asia Pacific Geophysical Services Market Outlook, By Electromagnetics (2016-2026) (US $MN)           
87 Asia Pacific Geophysical Services Market Outlook, By Other Technologies (2016-2026) (US $MN)           
88 Asia Pacific Geophysical Services Market Outlook, By Magnetotellurics (2016-2026) (US $MN)           
89 Asia Pacific Geophysical Services Market Outlook, By Polarization (2016-2026) (US $MN)           
90 Asia Pacific Geophysical Services Market Outlook, By End User (2016-2026) (US $MN)           
91 Asia Pacific Geophysical Services Market Outlook, By Agriculture (2016-2026) (US $MN)           
92 Asia Pacific Geophysical Services Market Outlook, By Environment (2016-2026) (US $MN)           
93 Asia Pacific Geophysical Services Market Outlook, By Minerals & Mining (2016-2026) (US $MN)           
94 Asia Pacific Geophysical Services Market Outlook, By Oil & Gas (2016-2026) (US $MN)           
95 Asia Pacific Geophysical Services Market Outlook, By Water Exploration (2016-2026) (US $MN)           
96 Asia Pacific Geophysical Services Market Outlook, By Other End Users (2016-2026) (US $MN)           
97 South America Geophysical Services Market Outlook, By Country (2016-2026) (US $MN)           
98 South America Geophysical Services Market Outlook, By Type (2016-2026) (US $MN)           
99 South America Geophysical Services Market Outlook, By Land-based Survey (2016-2026) (US $MN)           
100 South America Geophysical Services Market Outlook, By Aerial-based Survey (2016-2026) (US $MN)           
101 South America Geophysical Services Market Outlook, By Technology (2016-2026) (US $MN)           
102 South America Geophysical Services Market Outlook, By Seismic (2016-2026) (US $MN)           
103 South America Geophysical Services Market Outlook, By Resistivity (2016-2026) (US $MN)           
104 South America Geophysical Services Market Outlook, By Magnetic (2016-2026) (US $MN)           
105 South America Geophysical Services Market Outlook, By Light Detection and Ranging (LIDAR) (2016-2026) (US $MN)           
106 South America Geophysical Services Market Outlook, By Hyperspectral (2016-2026) (US $MN)           
107 South America Geophysical Services Market Outlook, By Ground Penetrating (2016-2026) (US $MN)           
108 South America Geophysical Services Market Outlook, By Gravity (2016-2026) (US $MN)           
109 South America Geophysical Services Market Outlook, By Gradiometry (2016-2026) (US $MN)           
110 South America Geophysical Services Market Outlook, By Electromagnetics (2016-2026) (US $MN)           
111 South America Geophysical Services Market Outlook, By Other Technologies (2016-2026) (US $MN)           
112 South America Geophysical Services Market Outlook, By Magnetotellurics (2016-2026) (US $MN)           
113 South America Geophysical Services Market Outlook, By Polarization (2016-2026) (US $MN)           
114 South America Geophysical Services Market Outlook, By End User (2016-2026) (US $MN)           
115 South America Geophysical Services Market Outlook, By Agriculture (2016-2026) (US $MN)           
116 South America Geophysical Services Market Outlook, By Environment (2016-2026) (US $MN)           
117 South America Geophysical Services Market Outlook, By Minerals & Mining (2016-2026) (US $MN)           
118 South America Geophysical Services Market Outlook, By Oil & Gas (2016-2026) (US $MN)           
119 South America Geophysical Services Market Outlook, By Water Exploration (2016-2026) (US $MN)           
120 South America Geophysical Services Market Outlook, By Other End Users (2016-2026) (US $MN)           
121 Middle East & Africa Geophysical Services Market Outlook, By Country (2016-2026) (US $MN)           
122 Middle East & Africa Geophysical Services Market Outlook, By Type (2016-2026) (US $MN)           
123 Middle East & Africa Geophysical Services Market Outlook, By Land-based Survey (2016-2026) (US $MN)           
124 Middle East & Africa Geophysical Services Market Outlook, By Aerial-based Survey (2016-2026) (US $MN)           
125 Middle East & Africa Geophysical Services Market Outlook, By Technology (2016-2026) (US $MN)           
126 Middle East & Africa Geophysical Services Market Outlook, By Seismic (2016-2026) (US $MN)           
127 Middle East & Africa Geophysical Services Market Outlook, By Resistivity (2016-2026) (US $MN)           
128 Middle East & Africa Geophysical Services Market Outlook, By Magnetic (2016-2026) (US $MN)           
129 Middle East & Africa Geophysical Services Market Outlook, By Light Detection and Ranging (LIDAR) (2016-2026) (US $MN)           
130 Middle East & Africa Geophysical Services Market Outlook, By Hyperspectral (2016-2026) (US $MN)           
131 Middle East & Africa Geophysical Services Market Outlook, By Ground Penetrating (2016-2026) (US $MN)           
132 Middle East & Africa Geophysical Services Market Outlook, By Gravity (2016-2026) (US $MN)           
133 Middle East & Africa Geophysical Services Market Outlook, By Gradiometry (2016-2026) (US $MN)           
134 Middle East & Africa Geophysical Services Market Outlook, By Electromagnetics (2016-2026) (US $MN)           
135 Middle East & Africa Geophysical Services Market Outlook, By Other Technologies (2016-2026) (US $MN)           
136 Middle East & Africa Geophysical Services Market Outlook, By Magnetotellurics (2016-2026) (US $MN)           
137 Middle East & Africa Geophysical Services Market Outlook, By Polarization (2016-2026) (US $MN)           
138 Middle East & Africa Geophysical Services Market Outlook, By End User (2016-2026) (US $MN)           
139 Middle East & Africa Geophysical Services Market Outlook, By Agriculture (2016-2026) (US $MN)           
140 Middle East & Africa Geophysical Services Market Outlook, By Environment (2016-2026) (US $MN)           
141 Middle East & Africa Geophysical Services Market Outlook, By Minerals & Mining (2016-2026) (US $MN)           
142 Middle East & Africa Geophysical Services Market Outlook, By Oil & Gas (2016-2026) (US $MN)            
143 Middle East & Africa Geophysical Services Market Outlook, By Water Exploration (2016-2026) (US $MN)           
144 Middle East & Africa Geophysical Services Market Outlook, By Other End Users (2016-2026) (US $MN)           

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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