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Global Seismic Survey Equipment Market Is Expected to Reach US$ 1,884.1Million, at a Significant CAGR of 4.60% from 2018 to 2026

Global Seismic Survey Equipment Market to Reach Around US$ 1,884.1 Million by 2026; Growth in Oil Prices After a Prolonged Slump to Drive Market Growth


Albany, NY -- (SBWIRE) -- 09/07/2018 -- The "Seismic Survey Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026" report provides analysis of the seismic survey equipment market for the period 2016–2026, wherein the years from 2018 to 2026 is the forecast period and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies playing a major role in the seismic survey equipment market growth over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market's growth in terms of revenue and volume (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report includes the U.S, Canada, Norway, Denmark, the U.K, India, China, Indonesia, GCC countries, South Africa, and Brazil.

This report analyzes and forecasts the market forseismic survey equipment at the global and regional level. The market has been forecasted based on revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global seismic survey equipment market. It also covers the impact of these drivers and restraints on seismic survey equipment during the forecast period.

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The report comprises a detailed ecosystem analysis, which provides a comprehensive view of the global seismic survey equipment market. Porter's Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

Global Seismic Survey Equipment Market: Taxonomy

This research study on the global seismic survey equipment market provides a detailed cross segment and cross country analysis based on the different segments including component, technology, location, and industry. Based on component, the market has been segmented into hardware, software, and services. Based on technology, the market has been divided into 2D, 3D, and 4D. In 2017, the 3D segment was the topmost revenue generating segment. On the basis of location, the market has been segmented into onshore and offshore. Furthermore, based on industry, the market is divided into oil & gas and others.

Global Seismic Survey Equipment Market: Research Methodology

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help to develop the analysis team's market expertise and understanding.

Global Seismic Survey Equipment Market: Competitive Dynamics

The report covers well-established players including CGG, Mitcham Industries, Inc., Geospace Technologies Corporation, Wireless Seismic, Inc., BGP Inc., China National Petroleum Corporation, Schlumberger Limited, FairfieldNodal, and ION Geophysical Corporation among others. In September 2017, Wireless Seismic, Inc., announced the launch of RT3, a seismic recording system having the capability of ultra-high channel count of about more than 2,50,000 seismic channels and features next-generation radio technology of WSI. The benefits associated with RT3 include acquisition of much denser seismic surveys, elimination of laborious work required by blind nodal systems, and easy management of recording channels in real time.

Global Seismic Survey Equipment Market:

Seismic Survey Equipment Market, by Component

- Hardware
- Software
- Services (Survey design services, consultation services, advisory services, after sales services, and customer support)

Seismic Survey Equipment Market, by Technology

- 2D
- 3D
- 4D

Seismic Survey Equipment Market, by location

- Onshore
- Offshore

Seismic Survey Equipment Market, by Industry

- Oil & gas
- Others (Mining, construction, energy, among others)

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Seismic Survey Equipment Market Analysis, by Country/Region

North America
- The U.S.
- Canada
- Rest of North America

- The U.K.
- Norway
- Denmark
- Rest of Europe

Asia Pacific
- India
- Indonesia
- China
- Rest of Asia Pacific

Middle East & Africa
- South Africa
- Rest of Middle East &Africa

South America
- Brazil
- Rest of South America

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