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Magnetic Magnetometers Market Growth Analysis By Size, Share, News, Demand and Opportunity During 2019-2026

06-27-2019 01:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Magnetic magnetometers are devices that measure magnetic fields to determine presence of metals and minerals. These devices can help analyze the content of minerals present in earth’s crust and ocean bed at varying depths for exploration and mineral extraction. Further, they have application in space exploration, pipeline inspection, and drilling industries to determine the path for drilling.

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The global magnetic magnetometer market is expected to increase owing to rise in oil & gas and space exploration activities. However, low sensitivities of surface magnetometer and high cost of bottom magnetometer restrain the growth of this market. Opportunities such as integration of sensors and advancement of technologies in magnetic magnetometers help improve the scope of the magnetic magnetometers in industrial application.

The global magnetic magnetometers market is segmented on the basis of by type, application, and geography. By type, the market is bifurcated into scalar magnetometer and vector magnetometer. By application, it is divided into maritime survey & research, off-shore oil & gas exploration, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report include Aquascan, Honeywell, Geometrics, JW Fishers, Marine Magnetics Corp., MicroSense, LLC, Mitcham Industries, Sea Surveyor, Shark Marine Technologies, and Subsea Technology & Rentals.

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Key Benefits
• The study provides an in-depth analysis of the global magnetic magnetometers market and current & future trends to elucidate the imminent investment pockets.
• The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

Magnetic Magnetometers Market Key Segments:
By Type
• Scalar Magnetometer
• Vector Magnetometer

By Application
• Maritime Survey & Research
• Offshore Oil & Gas Exploration
• Others

Key Market Players
• Aquascan
• Honeywell
• Geometrics
• JW Fishers
• Marine Magnetics Corp
• MicroSense, LLC
• Mitcham Industries

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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