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Global Geophysical Services Market Size & Analysis By 2023 -2032 | Schlumberger, TGS Geophysical Company (UK) Ltd., CGG Geoscience company, Ion Geophysical, Polarcus Ltd
Geophysical Services Market
As per the Geophysical Services market report by The Business Research Company, Growing exploration activities are contributing to the growth of the geophysical services market. Mineral exploration aims to discover deposits of minerals and rocks that can be used to meet the resource needs of society, which could be fulfilled by geophysical services. According to the Australia Bureau of Statics, released in August 2020, in the first quarter of June 2020, mineral exploration expenditure rose 11.91%, or $72.7 million, to $683.3 million.
The global geophysical services market size will grow from $14.15 billion in 2022 to $14.67 billion in 2023 at a compound annual growth rate (CAGR) of 3.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global geophysical services market size is expected to grow to $16.41 billion in 2027 at a CAGR of 2.8%.
Read More On The Geophysical Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/geophysical-services-global-market-report
Major competitors in the Geophysical Services market include Schlumberger, TGS Geophysical Company (UK) Ltd., CGG Geoscience company, Ion Geophysical, Polarcus Ltd., Geokinetics, Halliburton Company, Dawson Geophysical Services, EON Geosciences Inc., Geophysical Survey Systems Inc., Phoenix Geophysics, Sea Geo Surveys Pvt Ltd., Spectrum Geophysics, Geotech Survey
The Geophysical Services market is segmented -
•By Survey Type: Land, Marine, Aerial
•By Technology: Seismic, Magnetic, Gravity, Electromagnetic, Lidar, Ground Penetrating, Other Technologies
•By Application: Road, Rail, Port, Airport, Pipeline, Other Applications
•By End User: Agriculture, Environment, Minerals and Mining, Oil and Gas, Water Exploration, Other End Users. North America was the largest region in the geophysical services market in 2022
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The geophysical services specialise in locating and measuring the number of resources such as minerals, oil, and gas, assessing earthquake hazards, investigating the subsurface for engineering structures, investigating archaeological sites, and imaging the subsurface for environmental hazards.
The Table Of Content For The Geophysical Services Market Include:
1. Executive Summary
2. Geophysical Services Market Characteristics
3. Geophysical Services Market Trends And Strategies
4. Geophysical Services Market - Macro Economic Scenario
5. Geophysical Services Market Size And Growth
……
26. Africa Geophysical Services Market
27. Geophysical Services Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Geophysical Services Market
29. Geophysical Services Market Future Outlook and Potential Analysis
30. Appendix
The "Global Geophysical Services Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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