openPR Logo
Press release

Geophysical Services Market For Mineral & Mining Industry Estimated To Reach US$ 2,121.6 Mn By 2026

12-06-2021 03:59 PM CET | Energy & Environment

Press release from: Transparency Market Research - Energy & Mining

Albany, NY - The global geophysical services market for mineral & mining industry was valued at US$ 2,121.6 Mn in 2017 and is anticipated to expand at a CAGR of 4.4% from 2018 to 2026 according to a new report titled “Geophysical Services Market for Mineral & Mining Industry - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026” by Transparency Market Research (TMR)  Mining is the extraction of valuable minerals or other geological materials from the earth. It is usually done from an ore body, lode, vein, seam, and reef or placer deposit. The deposits then form a mineralized package that is of economic interest to the miner. Rise in mining activities is encouraging operators to explore the geological areas for the presence of minerals. This is driving the geophysical services market for mineral & mining industry. 

Read Report -

Geophysical Services Essential for Extraction of Metals and Precious Metals 

Geophysical services have been bifurcated into aerial-based and land-based geophysical surveys. Land-based geophysical services play a vital role in the exploration of various minerals, hydrocarbon sources, oil and gas reserves, etc. These surveys also help understand geophysical conditions of the ground surface and sub-surface. Aerial-based survey captures images by using fixed-wing aircraft and helicopters. Newly developed state-of-the-art geophysical services for mineral & mining industry treatments offer better reliability with efficient results for the mining industry. Increase in investments in mining and exploration is a key factor boosting the demand for geophysical services across the globe. Growth in demand for precious metals such as gold, platinum, titanium, and silver is expected to augment the demand for geophysical services in the near future. 

Request A Sample -

Rich Global Deposits of Mineral Reserves Propel Demand for Geophysical Services 

The mining industry accounts for significant share of gross domestic product and exports in Russia. Excavation of precious metals such as copper, iron ore, lithium, potash, gold, and niobium has been rising. This is creating opportunities for the geophysical services market for mineral & mining industry in Europe. Countries such as Mexico, Brazil, Ecuador, and Chile in Latin America have become hotbed for mining in recent years. In 2017, 305 companies invested US$ 2.38 Bn in exploration of precious metals and minerals across Latin America. This has boosted the geophysical services market for mineral & mining industry.           

Regulatory Framework & Environmental Regulations 

The U.S. Environmental Protection Agency (EPA) proposed a framework such as National Emissions Standards for Hazardous Air Pollutants (NESHAP) for gold ore processing and production facilities in order to curb environmental pollution caused by the harmful effects of excavation. It aims to curtail the mercury emissions caused by gold mining. 

Request for covid19 Impact Analysis -

North America to Lead Geophysical Services Market for Mineral & Mining Industry 

Currently, North America is a leading region in terms of utilization of geophysical services for mineral and mining. The region constitutes large share of the global geophysical services for mineral and mining market. The market in the region is expected to expand at a moderate pace during the forecast period. The U.S. is one of the leading producers of coal extraction. Coal excavation accounts for 17% of global production of coal deposits. About 1 billion tons of coal is produced annually in the U.S. This is augmenting the demand for geophysical services for exploration purposes. 

Highly Competitive Market with Domination of Leading Players

The global geophysical services market for mineral & mining industry is highly competitive. Leading players dominate the market. Key players operating in the market include EON Geosciences, Dawson Geophysical Inc., Geotech Surveys, TGS, Phoenix Geophysics, SEA GEO SURVEYS PVT LTD, and Geophysical Survey Systems, Inc.

Buy Now -<ype=S


90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

This release was published on openPR.

Permanent link to this press release:

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 Geophysical Services Market For Mineral & Mining Industry Estimated To Reach US$ 2,121.6 Mn By 2026 here

News-ID: 2486688 • Views:

More Releases from Transparency Market Research - Energy & Mining

Wastewater Treatment Services Market – Notable Developments and Geographical O …
Albany, NY - Wastewater Treatment Services Market- Overview Large amount of wastewater is produced from households and industries that can be successfully treated for reuse and also for discharging it into the environment. Many regions in the world are going through water crisis. Wastewater treatment services can provide significant solutions to handle this situation. Rapid urbanization brought by industrialization and unprecedented population rise are inducing high demand for clean drinking
Key Drivers of Europe Distribution Transformer Market
Albany, NY - Europe Distribution Transformer Market­­­: Introduction The distribution transformer market in Europe was valued at US$ 3.5 Bn in 2019 and is anticipated to expand at a CAGR of 6.5% during the forecast period. Based on insulation, the liquid segment held dominant share of the distribution transformer market in Europe in 2019. In terms of insulation type, the replacement segment accounted for a larger share of the distribution transformer market in Europe in 2019. Power failures have been rising due to
Customized Peptide Generation Market Drivers, Restraints and Notable Development …
Albany, NY - Global Customized Peptide Generation Market: Overview Mechanical developments, expanding research exercises in the field of engineered science, developing weight of malignancy and irresistible illnesses, and expanding ventures and subsidizing for protein-based inquire about are the central point driving the customized peptide generation market development. Peptide usage in the pharmaceutical business has experienced an enormous change lately because of mechanical improvements. Prior, peptide generation was completed with the assistance of common sources,
Hybrid And Full Electric Marine Propulsion Market To Hit US$7,516.7 Mn By 2026
Albany, NY - The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse Engine are the leading companies in the global hybrid and full electric marine propulsion

All 5 Releases

More Releases for Geophysical

Geophysical Data Collection Market 2022 Precise Outlook- Geotech, EON Geoscience …
The report considers the present scenario of the Geophysical Data Collection Market and its dynamics for the forecast period 2022-2030. Geophysical Data Collection Market covers a detailed overview of several growth enablers, restraints, and trends in the market. The research report highlights the market's current and potential key opportunities along with crucial insights. The global geophysical data collection market is expected to grow from $6.61 billion in 2022 to $6.84 billion
Geophysical Services Market Global And Regional Analysis: Ion Geophysical, Polar …
The global geophysical services market is expected to grow from $12.80 billion in 2021 to $13.39 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. The geophysical services market is expected to reach $15.14 billion in 2026 at a CAGR of 3.1%. The Business Research Company offers the Geophysical Services Global Market Report 2022 in its research report store. It is the most comprehensive report available on this
Geophysical Data Collection Market 2021 Size, Status, Top Emerging Trends, Growt …
The Business Research Company offers "Geophysical Data Collection Global Market Report 2021 - By Service (Data Acquisition, Data Processing, Interpretation), By Technology (2D Imaging, 3D Imaging, 4D Imaging), By End User (Agriculture, Environment, Minerals & Mining, Oil & Gas, Water Explorat" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The
Geophysical Services Market Analysis, Segment and Forecasts by Top Company- EON …
Geophysical Services Market 2019 Industry Research Report on the basis of this analysis size, growth, share, segments and technologies application and Forecast 2025. The study objectives are to present the Geophysical Services development in United States, Europe and China. This report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. Get Sample Copy of this Report - The Global Geophysical Servicess market 2019
Geophysical Services Market: Mircoseismic Transitions into a Major Geophysical T …
As the industry continues to evolve to combat challenges emanated by changing demand and supply factors, unconventional resources, legislative and tax regime changes, namely. As its essence, geophysics has come up with the most cost effective method of sampling subsurface. As such, all of the geophysical methods allow people acquire plethora of information about the subsurface for a low unit cost. These excerpts draw resemblance from the report titled, “Geophysical
Geophysical Services Market | key player - EON Geosciences Inc., Dawson Geophysi …
Looking at the current market trends as well as the promising demand status of the “Geophysical Services Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them