openPR Logo
Press release

Seismic Vessels Market Sale to Hit US$ 2.54 Bn at a CAGR of 10.5% for the period between 2018 and 2026

10-17-2022 03:49 PM CET | Logistics & Transport

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Seismic Vessels Market 2022

Seismic Vessels Market 2022

Seismic Vessels Market 2022

The global seismic vessels market is expected to reach a value of over US$ 2.54 Bn by the end of forecast period, registering a CAGR of 10.5% for the period between 2018 and 2026.

The oil & gas industry is one of the main economic drivers for both developed and developing economies. The rise in population and urbanization has led to a significant increase in the demand for energy and has been compelling Exploration & Production (E&P) companies to discover new oil & gas reserves. This quest for new reserves has propelled offshore exploration, which holds a major share of untapped oil & gas reserves in the world today.

Request for Free Sample Copy of Seismic Vessels Market Report@https://www.persistencemarketresearch.com/samples/25120

Seismic vessels play an important role in offshore exploration, due to their capability to pin-point the exact location for oil & gas drilling. Seismic vessels acquire subsea data in the form of 2D, 3D and 4D and provide detailed information on the location and behavior of oil & gas reserves.

The seismic vessels market has been tracked by evaluating the installed base of seismic vessels of major geophysical companies. The seismic vessels market report covers a detailed analysis of major manufacturers. The market dynamics have also been covered in detail wherein the factors expected to drive growth in demand are studied and the major challenges faced by manufacturers and geophysical companies have also been covered.

The ongoing developments and the major trends in the seismic vessels market have also been studied thoroughly and validated with industry experts in order to make a relevant forecast.

Key Companies- 

• Mitsubishi Heavy Industries, Ltd.
• Ulstein Group
• Singapore Technologies Engineering Ltd
• Drydocks World
• Hijos de J. Barreras SA
• Factorias Vulcano
• Niestern Sander
• ASL Marine Holdings Ltd
• Kleven Maritime AS
• Cemre Shipyard
• Besiktas Shipyard
• Fosen Yard AS
• Others.

Request For Customization@https://www.persistencemarketresearch.com/request-customization/25120

Factors Driving the Seismic Vessels Market

Increased energy demand is expected to directly impact the growth of the seismic vessels market. Growth in population and urbanization is expected to drive the global energy demand and in turn fuel the need to find new oil & gas reserves. Rise in oil prices is compelling E&P companies to invest more in exploration activities, which is expected to contribute towards the growth of the seismic vessels market.

Peak oil production in a large number of oil & gas fields worldwide has resulted in a decline of total oil production, driving the need to find new oil & gas reserves, which is driving the growth of the seismic vessels market.

Global Seismic Vessels Market Analysis by Depth

On the basis of depth, the seismic vessels market has been segmented into shallow water and deep water. The deep water segment is expected to hold majority of the market share in the global seismic vessels market while the shallow water segment is project to hold a significant market share.

Global Seismic Vessels Market Analysis by Acquisition Type

Among the segments by acquisition type, the global seismic vessels market is anticipated to be dominated by 4C/4D segment. 4D seismic survey provides reservoir data in time dimension, enabling surveyors to learn historical reservoir data as well as predicting the future behavior of the reservoir. However, the 3D segment is also projected to hold a major share as it is one of the most widely used seismic survey types in the world.

Global Seismic Vessels Market Analysis by Region

The global seismic vessels market is driven by the continuous growth in the demand for energy. The EMEA region is projected to be the market leader in the global seismic vessels market, with Norway being one of the major contributors towards the growth of the EMEA seismic vessels market. The Americas region is expected register significant growth in the seismic vessels market, owing to the increasing offshore activities in the Gulf of Mexico and offshore Latin America. The U.S. is expected to lead the market share in the Americas seismic vessel market, owing to the increasing offshore E&P expenditure in the country. In the APAC region, China is projected to be the leader in the seismic vessels market, due to the large untapped potential in the South China Sea. Other APAC countries are also expected to witness significant growth in the seismic vessels market, given the increased activity in the offshore waters of Vietnam, India, Indonesia and Malaysia.

Buy Now this Report@https://www.persistencemarketresearch.com/checkout/25120

Key Questions Answered in the Global Seismic Vessels Market Report -

• How has the seismic vessels market evolved over the past four years?
• What shape is the seismic vessels market expected to take in terms of volume and value during the study period?
• What are some of the prevailing market dynamics in the seismic vessels market?
• What are the competition developments and trends in the seismic vessels market?
• What are some of the underlying macro-economic and industry factors impacting the growth of the seismic vessels market?
• What are the key challenges, opportunities and improvement factors for market players?
• What are the important market positioning and key strategies of key manufacturers as per the market taxonomy?
• How is the competition structured at present and how has it evolved in the seismic vessels market over the past few years?

Related Reports:

Electric Bikes Market - https://www.persistencemarketresearch.com/market-research/electric-bikes-market.asp

As per this exhaustive research report, the global electric bikes market is witnessing moderate growth and is projected to register a CAGR of 4.7% during the forecast period of 2017-2022.

Commercial Aircraft Market - https://www.persistencemarketresearch.com/market-research/commercial-aircraft-market.asp

The commercial aircraft market is projected to witness a modest CAGR of 4.1% for the period from 2017 to 2022.

About us: -

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact Us:

Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084

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 Vessels Market Sale to Hit US$ 2.54 Bn at a CAGR of 10.5% for the period between 2018 and 2026 here

News-ID: 2770039 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Seismic

Seismic Survey Market 2024-2032 Insights by Potential Growth, Trends, Increasing …
The latest release from Infinity Business Insights titled Seismic Survey Market Research Report 2024-2032 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Ev Charging Management Software Platform including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Seismic Survey Market study with 110+ market data Tables, Pie Chat, Graphs & Figures is now released
Borehole Seismic Survey Market | Baker Hughes, Borehole Seismic, LLC, CNPC
The global borehole seismic survey market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the borehole seismic survey market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Seismic Survey Market Outlook 2025: Top Companies, Trends Report | Agile Seismic …
Download PDF Brochure of Seismic Survey Market spread across 106 Pages, Profiling Companies and Supported with tables and figures are now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1851129 The seismic survey is one form of geophysical survey that aims at measuring the earth's (geo-) properties by means of physical (-physics) principles such as magnetic, electric, gravitational, thermal, and elastic theories. The African market will offer opportunities for the growth of the seismic survey market.
Global Marine Seismic Equipment Market to 2025| Agile Seismic, FailfieldNodal, S …
Albany, NY, 4th October : Recent research and the current scenario as well as future market potential of "Global Marine Seismic Equipment Market Insights, Forecast to 2025" globally. This report presents the worldwide Marine Seismic Equipment market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1895710 This study also analyzes the
Seismic Survey Market Size, Status and Forecast 2018-2025 | Agile Seismic, Alpin …
Researchmoz added Most up-to-date research on "Global Seismic Survey Market Size, Status and Forecast 2018-2025" to its huge collection of research reports. This report focuses on the global Seismic Survey status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Seismic Survey development in United States, Europe and China. The seismic survey is one form of geophysical survey that aims at measuring the earth's
Global Land Seismic Equipment Market Forecast 2018-2025 Terraseis, Terrex Seismi …
Recently added detailed market study "Global Land Seismic Equipment Market" examines the performance of the Land Seismic Equipment market 2018. It encloses an in-depth Research of the Land Seismic Equipment market state and the competitive landscape globally. This report analyzes the potential of Land Seismic Equipment market in the present and the future prospects from various angles in detail. The Global Land Seismic Equipment Market 2018 report includes Land Seismic Equipment