Seismic Services Market Size - By Survey Type (Land Based, Marine based), By End User (Oil & gas, Mining), Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023

Description

List of Tables

Seismic Services Market size is estimated to grow at a CAGR of over 4% between 2023 and 2032, driven by the expansion of the oil & gas industry. Exploration & production companies utilize seismic surveys to identify potential hydrocarbon reserves beneath the Earth's surface, aiding in strategic decision-making and resource optimization.

Moreover, the development of sophisticated seismic imaging techniques, including 3D and 4D seismic surveys, enhances the accuracy and resolution of subsurface imaging. In June 2021, an offshore seismic data provider in Norway - TGS introduced "Sophies Resolve Refocus 3D," an OBC and NAZ imaging program. This allows for a more comprehensive understanding of geological structures and helps in minimizing exploration risks. The integration of AI & ML further augments seismic data interpretation.

The overall seismic services market size is segmented based on survey type, end user and region.

Marine based segment is poised to gain significant traction during 2023 and 2032 backed by increasing exploration activities in offshore oil and gas reserves. These surveys conducted using vessels equipped with specialized devices, provide a comprehensive and accurate depiction of subsurface structures beneath the ocean floor. Advancements in marine seismic acquisition technologies, including towed streamer systems and ocean-bottom nodes, which enhance data quality and coverage will augment the industry growth.

The market share from mining segment is set to grow over the forecast period owing to the increasing reliance on subsurface mapping for resource identification and extraction planning. Seismic surveys offer invaluable insights into the geological composition of mining sites, aiding in the detection of mineral deposits. With the growing demand for precious metals and minerals, mining companies increasingly leverage advanced seismic technologies to optimize exploration efforts.

Asia Pacific seismic services industry will record a notable growth between 2023 and 2032, due to rapid urbanization and infrastructural development. The evolving regulatory landscape which emphasizes environmental sustainability in energy projects, fosters the adoption of advanced seismic technologies. The collaborative efforts between governments and private enterprises to leverage seismic services for efficient resource mapping will stimulate the regional market growth.

Product Code: 6873

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Public

Chapter 2 Executive Summary

2.1 Seismic services industry 360 degree synopsis, 2019 - 2032
- 2.1.1 Business trends
- 2.1.2 Survey type trends
- 2.1.3 End user trends
- 2.1.4 Regional trends

Chapter 3 Seismic Services Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Vendor matrix
3.2 Regulatory landscape
3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's Analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
3.6 PESTEL Analysis

Chapter 4 Competitive Benchmarking

4.1 Innovation & sustainability landscape
4.2 Competitive landscape, 2022
- 4.2.1 Strategic dashboard

Chapter 5 Seismic Services Market, By Survey Type (USD Million)

5.1 Key survey type trends
5.2 Land based
5.3 Marine based

Chapter 6 Seismic Services Market, By End User (USD Million)

6.1 Key end user trends
6.2 Oil & gas
6.3 Mining
6.4 Others

Chapter 7 Seismic Services Market, By Region (USD Million)

7.1 Key regional trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 UK
- 7.3.2 Germany
- 7.3.3 France
- 7.3.4 Norway
- 7.3.5 Russia
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 Australia
7.5 Middle East & Africa
- 7.5.1 UAE
- 7.5.2 Saudi Arabia
- 7.5.3 Iraq
- 7.5.4 Iran
7.6 Latin America
- 7.6.1 Brazil
- 7.6.2 Argentina

Chapter 8 Company Profiles

8.1 SLB
8.2 CGG
8.3 PGS
8.4 TGS
8.5 HESP
8.6 Fugro
8.7 China Oilfield Services Limited
8.8 Weatherford
8.9 Gardline Limited
8.10 SAExploration
8.11 Dawson Geophysical Company
8.12 Paradigm Group B.V.
8.13 EGS (International) Ltd
8.14 Ramboll Group A/S
8.15 Getech Group plc
8.16 NUVIA Dynamics Inc.
8.17 Spectrum Geophysics
8.18 Abitibi Geophysics