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Seismic Survey Market Outlook 2023: Expected Market Growth Rate, Major Driver And Segments | China National Petroleum Corporation, Schlumberger Limited (SLB) Limited, Fugro N.V., CGG SA
Seismic Survey Global Market Report
The Business Research Company's Seismic Survey Global Market Report 2023 identifies the growing need for oil and gas is expected to propel the growth of the seismic survey market going forward. Oil and gas refer to natural resources extracted from the earth and used as energy and fuel sources. Seismic surveys play a significant role in oil and gas exploration. It is a technique used to image the earth's subsurface by recording the vibrations caused by seismic waves, monitoring oil and gas fields, and optimizing production.
The global seismic survey market is expected to grow from $8.78 billion in 2022 to $9.35 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The seismic survey market is expected to reach $11.56 billion in 2027 at a CAGR of 5.4%.
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Major players in the seismic survey market are China National Petroleum Corporation, Schlumberger Limited (SLB) Limited, Fugro N.V., CGG SA, Petroleum Geo-Services ASA, Terra Seis Group, TGS Nopec Geophysical ASA, Shearwater Geoservices Limited, Global Geophysical Services Inc., SAExploration Inc., Spectrum ASA, ION Geophysical Corporation, Fairfield Industries Incorporated, Geospace Technologies Corp., Katalyst Data Management LLC, Geokinetics Inc., Dawson Geophysical Co., Terrex Seismic, NodalSeismic LLC, TerraSond Limited, SeaBird Exploration Plc., Pulse Seismic Inc., Axxis Geo Solutions ASA, Alpine Ocean Seismic Survey Inc., Dolphin Geophysical AS, EON Geosciences Inc., Explor, Lone Star Land Surveying and Mapping, New Resolution Geophysics (NRG), and Agile Seismic LLC.
A key trend in the Seismic Survey market includes the Advancement in seismic technologies is a key trend gaining popularity in the seismic survey market. Major players operating in the seismic survey market are developing innovative seismic survey technologies to sustain their position in the market.
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The Seismic Survey market is segmented -
1) By Type: Reflection, Refraction, Surface-Wave
2) By Service Type: Data Interpretation, Data Processing, Data Acquisition
3) By Deployment: Offshore, Onshore
4) By Technology: 2D Imaging, 3D Imaging, 4D Imaging
5) By Application: Oil And Gas, Geological Exploration, Mining, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Seismic Survey market.
The Business Research Company's "Global Seismic Survey Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Seismic Survey Market Include:
1. Executive Summary
2. Seismic Survey Market Characteristics
3. Seismic Survey Market Trends And Strategies
4. Seismic Survey Market - Macro Economic Scenario
5. Seismic Survey Market Size And Growth
……
27. Seismic Survey Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Seismic Survey Market
29. Seismic Survey Market Future Outlook and Potential Analysis
30. Appendix
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