openPR Logo
Press release

Seismic Survey Market Projected to reach $9.28 Billion by 2022 | Key players include Schlumberger Limited-WesternGeco, Pulse Seismic Inc., Petroleum Geo-Services, Polarcus Limited etc.

11-26-2018 07:39 AM CET | Energy & Environment

Press release from: MarketsandMarkets™

Seismic Survey Market Projected to reach $9.28 Billion by 2022 |

According to the new market research report "Seismic Survey Market by Service (Data Acquisition (Land, Marine, and Air-Borne), Data Processing, and Interpretation), Technology (2D imaging, 3D imaging, and 4D imaging), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The seismic survey market is expected to grow from an estimated USD 7.54 Billion in 2017 to a projected USD 9.28 Billion by 2022, at a CAGR of 4.15%, during the forecast period. North America and Europe is likely to be the largest market for geophysical seismic system market. The Geophysical seismic system market is mainly driven demand of seismic technology in brownfield projects and shale gas exploration. The multi client’s surveys will provides the opportunity to oil and gas companies to share the costs of exploration projects.

Don’t miss out on business opportunities in Seismic Survey Market. Speak to our analyst and gain crucial industry insights that will help your business grow:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=207832302

In terms of market, by technology, the 3D market is expected to grow at the fastest pace during the forecast period. African countries will offer high growth opportunities to geophysical seismic systems market. Factors such as targeting brownfields, and improving production rate would impart growth in geophysical seismic systems market. Oil and gas companies are targeting the economies reserves which are economical in costs and provide better results.

Browse and in-depth TOC on "Seismic Survey Market"
62 - Tables
36 - Figures
157 - Pages

View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/seismic-survey-market-207832302.html

In terms of the service market, services such as the data processing and data interpretation offer high growth opportunities. Data processing covers both the time and depth domain analysis. Data processing and interpretation is the most critical step as investment from oil and gas companies depend on proper interpretation. Oil and gas companies are using data processing and interpretation to explore the brownfields projects. The companies are investing in the multi-clients and brownfields projects because of slump in oil price.

The market in North America is expected to be the largest for seismic surveys.
The North American market is expected to be the largest segment of the seismic survey market, by region. The region has extensive untapped resources which will create an opportunity for oil & gas exploration companies. Since the slump in oil prices, shale exploration has been on the decline. However, operators are currently able to meet the breakeven price of shale with oil prices as low as USD 40/barrel. This has resulted in a surge in the demand for geophysical seismic data for shale reserves. The increased investments in shale gas exploration have led to an increase in the demand for seismic surveys in North America.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=207832302

The seismic systems market is dominated by few major players, given their market presence across regions and brand recognition. the report includes the profiles of companies such as Compagnie Generale de Geophysique (CGG) (France), Petroleum Geo-Services (PGS) (Norway), Fugro N.V. (Netherlands), Polarcus Limited (U.A.E.), Tomlinson Geophysical Services (TGS)-Norwegian Petroleum Exploration Consultants (NOPEC) Geophysical Company (Norway), SeaBird Exploration, PLC (Cyprus), Ion Geophysical Corporation (U.S.), Schlumberger Limited-WesternGeco (U.S.), Pulse Seismic, Inc. (Canada), and Global Geophysical Services, Inc. (U.S.).

Browse Adjacent Markets @ Energy and Power Market Research Reports & Consulting

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/seismic-survey-market.asp
Visit Our Website: https://www.marketsandmarkets.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Seismic Survey Market Projected to reach $9.28 Billion by 2022 | Key players include Schlumberger Limited-WesternGeco, Pulse Seismic Inc., Petroleum Geo-Services, Polarcus Limited etc. here

News-ID: 1397236 • Views:

More Releases from MarketsandMarkets™

Feed Premix Market, Global Industry Size Forecast
The global feed premix market size is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to increasing awareness about feed quality, and the implementation of innovative animal husbandry practices to improve meat quality are the important drivers for
Water-soluble Fertilizers Market is Expected to Grow $23.9 billion in 2028
According to a research report "Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, and Potassic), Mode of Application (Foliar and Fertigation), Form (Dry and Liquid), Crop Type (Field Crop, Horticulture Crops, Turf & ornaments) and Region - Global Forecast to 2028" published by MarketsandMarkets, the water-soluble fertilizers market is estimated at USD 18.3 billion in 2023 and is projected to reach USD 23.9 billion in 2028, at a CAGR of 5.5%.
Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading Key Players are Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands)
Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading …
Population Health Management (PHM) Market is projected to grow from USD 27.8 billion in 2022 to USD 53.3 billion by 2027, at a CAGR of 13.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Growth in this market is driven by the opportunities offered by the emerging markets in healthcare. However, lack of data management, and interoperability issues are expected to challenge the growth of this
Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are Boehringer Ingelheim International GmbH (Germany), Zoetis Inc. (US), Elanco Animal Health Incorporated (US), Merck & Co., Inc. (US)
Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are B …
Veterinary Pain Management Market is projected to grow from USD 1.8 billion in 2022 to USD 2.5 billion by 2027, at a CAGR of 6.7% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Pain is the physiological term to describe the chemical processes that are at work in the body that receive a stimulus, modify it, and transfer it to the brain for interpretation and reaction.

All 5 Releases


More Releases for Markets

Security Inks Markets Experts Tackle Technology, Markets, Supply Chain & More Fo …
"According to the research report, the global security inks market was valued at USD 3.37 billion in 2022 and is expected to reach USD 5.11 billion by 2032, to grow at a CAGR of 4.3% during the forecast period." Polaris Market Research recently launched the latest update on Security Inks Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2032, that gives an extensive outlook of the market,
Nanocellulose: Global Markets
Summary: The global nanocellulose market totaled $REDACTED in 2021 and $REDACTED in 2022. Growing at a CAGR of REDACTED%, the market is expected to reach $REDACTED in 2027. Given the current state of ecological consciousness, it is challenging to disregard dangerous emissions from any industrial process or human activity due to their negative effects on the environment. Recently, several academics have expressed concern about the need to replace input materials with less-
01-18-2022 | Science & Education
SDKI
Contextual Advertising Markets
SDKI Inc. is a contextual advertising market research report aimed at providing a detailed analysis of several aspects of the market, including market growth drivers, opportunities, recent trends and challenges between 2018-2023. Was published on April 20, 2021. Report sample URL https://www.sdki.jp/sample-request-109951 The contextual advertising market is estimated to grow from US $ 125.79 billion in 2018 to US $ 297.68 billion by 2023 and is expected to grow at a CAGR of
01-12-2022 | Energy & Environment
SDKI
Distribution Automation Markets
SDKI Inc. is a power distribution automation market research report aimed at providing a detailed analysis of several aspects of the market, including market growth drivers, opportunities, recent trends and challenges between 2018-2023. Was published on April 14, 2021. Report sample URL https://www.sdki.jp/sample-request-109977 The distribution automation market is estimated to grow from US $ 11.82 billion in 2018 to US $ 16.81 billion by 2023, with a CAGR of 7.29% during the forecast
Research for Markets
This report studies the Global Light Management System Market, analyzes and researches the Light Management System development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • GE (US) • Philips Lighting (Netherlands) • Eaton (Ireland) • Zumtobel (Austria) • OSRAM (Germany) Looking For More Information on This Market? Get Free Sample Report @ http://www.researchformarkets.com/sample/global-light-management-system-market-35079 Market segment by Regions/Countries,
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.