Microseismic Monitoring Technology Market
PUBLISHED: 2021 ID: SMRC21146
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Microseismic Monitoring Technology Market

Microseismic Monitoring Technology Market Forecasts to 2028 – Global Analysis By Component (Hardware, Software, Services), Process (Data Acquisition, Data Processing, Data Interpretation) and By Geography

4.8 (97 reviews)
4.8 (97 reviews)
Published: 2021 ID: SMRC21146

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

According to Stratistics MRC, the Global Microseismic Monitoring Technology Market is expected to grow at a CAGR of 5.7% during the forecast period. Factors such as increase in use of the technology in environmental and geotechnical engineering and rising oil & gas exploration activities are driving the growth of the market. However, volatile oil prices are hampering the growth of the market.

Microseismic monitoring gives complete information about the microseismicity of an area and how a rock is responding to mining or oil & gas production activities. It is a valuable tool in understanding what a hydraulic fracture is doing in real time. It is significantly used in reservoir monitoring and domestic mining production monitoring abroad and it is a vital technology to increase oil & gas production in exploration and development.

Based on the process, the data processing segment is anticipated to expand at a rapid pace during the forecast period due to its cost efficiency and wider scope of applications. By geography, North America is going to have high growth during the forecast period which can be attributed to the presence of prominent players in the region.

Some of the key players profiled in the Microseismic Monitoring Technology Market include Schlumberger Limited, Halliburton Company, Fairfield Geotechnologies, Geospace Technologies Corporation, Weir-Jones Group, Landtech Geophysics Ltd, GeoArray Technologies, ION Geophysical Corporation, ESG Solutions, MicroSeismic, Inc., Guralp Systems Limited, and CJSC Gradient. 

Components Covered:
• Hardware
• Software
• Services

Processes Covered:
• Data Acquisition
• Data Processing
• Data Interpretation   

End Users Covered:
• Oil & Gas
• Mining
• 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
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- 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 End User Analysis   
 3.7 Emerging Markets   
 3.8 Impact of Covid-19   
      
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 Microseismic Monitoring Technology Market, By Component
 5.1 Introduction   
 5.2 Hardware    
  5.2.1 Seismometer  
  5.2.2 Geophones  
 5.3 Software    
 5.4 Services    
      
6 Global Microseismic Monitoring Technology Market, By Process
 6.1 Introduction   
 6.2 Data Acquisition   
 6.3 Data Processing   
 6.4 Data Interpretation   
      
7 Global Microseismic Monitoring Technology Market, By End User
 7.1 Introduction   
 7.2 Oil & Gas    
 7.3 Mining    
 7.4 Other End Users   
  7.4.1 Underground Storage Facilities 
  7.4.2 Vibration Thresholds and Blasting
      
8 Global Microseismic Monitoring Technology 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 Schlumberger Limited  
 10.2 Halliburton Company  
 10.3 Fairfield Geotechnologies  
 10.4 Geospace Technologies Corporation 
 10.5 Weir-Jones Group   
 10.6 Landtech Geophysics Ltd  
 10.7 GeoArray Technologies  
 10.8 ION Geophysical Corporation  
 10.9 ESG Solutions   
 10.10 MicroSeismic, Inc.   
 10.11 Guralp Systems Limited  
 10.12 CJSC Gradient   


List of Tables     
1 Global Microseismic Monitoring Technology Market Outlook, By Region (2019-2028) ($MN)
2 Global Microseismic Monitoring Technology Market Outlook, By Component (2019-2028) ($MN)
3 Global Microseismic Monitoring Technology Market Outlook, By Hardware (2019-2028) ($MN)
4 Global Microseismic Monitoring Technology Market Outlook, By Seismometer (2019-2028) ($MN)
5 Global Microseismic Monitoring Technology Market Outlook, By Geophones (2019-2028) ($MN)
6 Global Microseismic Monitoring Technology Market Outlook, By Software (2019-2028) ($MN)
7 Global Microseismic Monitoring Technology Market Outlook, By Services (2019-2028) ($MN)
8 Global Microseismic Monitoring Technology Market Outlook, By Process (2019-2028) ($MN)
9 Global Microseismic Monitoring Technology Market Outlook, By Data Acquisition (2019-2028) ($MN)
10 Global Microseismic Monitoring Technology Market Outlook, By Data Processing (2019-2028) ($MN)
11 Global Microseismic Monitoring Technology Market Outlook, By Data Interpretation (2019-2028) ($MN)
12 Global Microseismic Monitoring Technology Market Outlook, By End User (2019-2028) ($MN)
13 Global Microseismic Monitoring Technology Market Outlook, By Oil & Gas (2019-2028) ($MN)
14 Global Microseismic Monitoring Technology Market Outlook, By Mining (2019-2028) ($MN)
15 Global Microseismic Monitoring Technology Market Outlook, By Other End Users (2019-2028) ($MN)
16 Global Microseismic Monitoring Technology Market Outlook, By Underground Storage Facilities (2019-2028) ($MN)
17 Global Microseismic Monitoring Technology Market Outlook, By Vibration Thresholds and Blasting (2019-2028) ($MN)
18 North America Microseismic Monitoring Technology Market Outlook, By Country (2019-2028) ($MN)
19 North America Microseismic Monitoring Technology Market Outlook, By Component (2019-2028) ($MN)
20 North America Microseismic Monitoring Technology Market Outlook, By Hardware (2019-2028) ($MN)
21 North America Microseismic Monitoring Technology Market Outlook, By Seismometer (2019-2028) ($MN)
22 North America Microseismic Monitoring Technology Market Outlook, By Geophones (2019-2028) ($MN)
23 North America Microseismic Monitoring Technology Market Outlook, By Software (2019-2028) ($MN)
24 North America Microseismic Monitoring Technology Market Outlook, By Services (2019-2028) ($MN)
25 North America Microseismic Monitoring Technology Market Outlook, By Process (2019-2028) ($MN)
26 North America Microseismic Monitoring Technology Market Outlook, By Data Acquisition (2019-2028) ($MN)
27 North America Microseismic Monitoring Technology Market Outlook, By Data Processing (2019-2028) ($MN)
28 North America Microseismic Monitoring Technology Market Outlook, By Data Interpretation (2019-2028) ($MN)
29 North America Microseismic Monitoring Technology Market Outlook, By End User (2019-2028) ($MN)
30 North America Microseismic Monitoring Technology Market Outlook, By Oil & Gas (2019-2028) ($MN)
31 North America Microseismic Monitoring Technology Market Outlook, By Mining (2019-2028) ($MN)
32 North America Microseismic Monitoring Technology Market Outlook, By Other End Users (2019-2028) ($MN)
33 North America Microseismic Monitoring Technology Market Outlook, By Underground Storage Facilities (2019-2028) ($MN)
34 North America Microseismic Monitoring Technology Market Outlook, By Vibration Thresholds and Blasting (2019-2028) ($MN)
35 Europe Microseismic Monitoring Technology Market Outlook, By Country (2019-2028) ($MN)
36 Europe Microseismic Monitoring Technology Market Outlook, By Component (2019-2028) ($MN)
37 Europe Microseismic Monitoring Technology Market Outlook, By Hardware (2019-2028) ($MN)
38 Europe Microseismic Monitoring Technology Market Outlook, By Seismometer (2019-2028) ($MN)
39 Europe Microseismic Monitoring Technology Market Outlook, By Geophones (2019-2028) ($MN)
40 Europe Microseismic Monitoring Technology Market Outlook, By Software (2019-2028) ($MN)
41 Europe Microseismic Monitoring Technology Market Outlook, By Services (2019-2028) ($MN)
42 Europe Microseismic Monitoring Technology Market Outlook, By Process (2019-2028) ($MN)
43 Europe Microseismic Monitoring Technology Market Outlook, By Data Acquisition (2019-2028) ($MN)
44 Europe Microseismic Monitoring Technology Market Outlook, By Data Processing (2019-2028) ($MN)
45 Europe Microseismic Monitoring Technology Market Outlook, By Data Interpretation (2019-2028) ($MN)
46 Europe Microseismic Monitoring Technology Market Outlook, By End User (2019-2028) ($MN)
47 Europe Microseismic Monitoring Technology Market Outlook, By Oil & Gas (2019-2028) ($MN)
48 Europe Microseismic Monitoring Technology Market Outlook, By Mining (2019-2028) ($MN)
49 Europe Microseismic Monitoring Technology Market Outlook, By Other End Users (2019-2028) ($MN)
50 Europe Microseismic Monitoring Technology Market Outlook, By Underground Storage Facilities (2019-2028) ($MN)
51 Europe Microseismic Monitoring Technology Market Outlook, By Vibration Thresholds and Blasting (2019-2028) ($MN)
52 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Country (2019-2028) ($MN)
53 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Component (2019-2028) ($MN)
54 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Hardware (2019-2028) ($MN)
55 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Seismometer (2019-2028) ($MN)
56 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Geophones (2019-2028) ($MN)
57 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Software (2019-2028) ($MN)
58 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Services (2019-2028) ($MN)
59 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Process (2019-2028) ($MN)
60 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Data Acquisition (2019-2028) ($MN)
61 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Data Processing (2019-2028) ($MN)
62 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Data Interpretation (2019-2028) ($MN)
63 Asia Pacific Microseismic Monitoring Technology Market Outlook, By End User (2019-2028) ($MN)
64 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Oil & Gas (2019-2028) ($MN)
65 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Mining (2019-2028) ($MN)
66 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Other End Users (2019-2028) ($MN)
67 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Underground Storage Facilities (2019-2028) ($MN)
68 Asia Pacific Microseismic Monitoring Technology Market Outlook, By Vibration Thresholds and Blasting (2019-2028) ($MN)
69 South America Microseismic Monitoring Technology Market Outlook, By Country (2019-2028) ($MN)
70 South America Microseismic Monitoring Technology Market Outlook, By Component (2019-2028) ($MN)
71 South America Microseismic Monitoring Technology Market Outlook, By Hardware (2019-2028) ($MN)
72 South America Microseismic Monitoring Technology Market Outlook, By Seismometer (2019-2028) ($MN)
73 South America Microseismic Monitoring Technology Market Outlook, By Geophones (2019-2028) ($MN)
74 South America Microseismic Monitoring Technology Market Outlook, By Software (2019-2028) ($MN)
75 South America Microseismic Monitoring Technology Market Outlook, By Services (2019-2028) ($MN)
76 South America Microseismic Monitoring Technology Market Outlook, By Process (2019-2028) ($MN)
77 South America Microseismic Monitoring Technology Market Outlook, By Data Acquisition (2019-2028) ($MN)
78 South America Microseismic Monitoring Technology Market Outlook, By Data Processing (2019-2028) ($MN)
79 South America Microseismic Monitoring Technology Market Outlook, By Data Interpretation (2019-2028) ($MN)
80 South America Microseismic Monitoring Technology Market Outlook, By End User (2019-2028) ($MN)
81 South America Microseismic Monitoring Technology Market Outlook, By Oil & Gas (2019-2028) ($MN)
82 South America Microseismic Monitoring Technology Market Outlook, By Mining (2019-2028) ($MN)
83 South America Microseismic Monitoring Technology Market Outlook, By Other End Users (2019-2028) ($MN)
84 South America Microseismic Monitoring Technology Market Outlook, By Underground Storage Facilities (2019-2028) ($MN)
85 South America Microseismic Monitoring Technology Market Outlook, By Vibration Thresholds and Blasting (2019-2028) ($MN)
86 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Country (2019-2028) ($MN)
87 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Component (2019-2028) ($MN)
88 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Hardware (2019-2028) ($MN)
89 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Seismometer (2019-2028) ($MN)
90 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Geophones (2019-2028) ($MN)
91 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Software (2019-2028) ($MN)
92 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Services (2019-2028) ($MN)
93 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Process (2019-2028) ($MN)
94 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Data Acquisition (2019-2028) ($MN)
95 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Data Processing (2019-2028) ($MN)
96 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Data Interpretation (2019-2028) ($MN)
97 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By End User (2019-2028) ($MN)
98 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Oil & Gas (2019-2028) ($MN)
99 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Mining (2019-2028) ($MN)
100 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Other End Users (2019-2028) ($MN)
101 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Underground Storage Facilities (2019-2028) ($MN)
102 Middle East & Africa Microseismic Monitoring Technology Market Outlook, By Vibration Thresholds and Blasting (2019-2028) ($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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