Global Geophysical Services Market, By Type (Aerial Based Survey, and Land Based Survey), By Technology (Magnetic, Gradiometry, Gravity, Electromagnetic, LIDAR, Hyperspectral, Ground Penetrating Radar, Resistivity, Seismic, and Others), By End Use Industry (Oil & Gas, Minerals & Mining, Agriculture, Water Exploration, Environment, and Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2025)

Systematic collection of geophysical information for mineral extraction is expected to drive the growth of geophysical services market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Geophysical survey is the systematic compilation of geophysical information for space research. Geophysical survey plays an significant role in the systematic compilation of mineral extraction geophysical information. Geophysical survey is crucial in acquiring the interior and topography of the Earth's magnetic and gravitational fields.

Land-based geophysical services play a crucial role in the exploration and extraction of different minerals. These services also assist to comprehend the geophysical circumstances of the ground surface and sub-surface. Aerial-based survey captures pictures using fixed-wing aircraft and helicopters. However, in the near future, drones are anticipated to substitute fixed-wing aircraft and helicopters in aerial-based geophysical studies.

Global geophysical services market is growing with the increasing investments in mining and exploration activities. Also, rise in demand for precious metals such as gold, platinum, titanium, and silver is boosting the demand for global geophysical services market. Additionally, increasing investment in aerial-based geophysical survey, such as magnetics, gravity, and resistivity is fueling the demand for global geophysical services market.

Key Factors Impacting Market Growth:

  • Systematic collection of geophysical information for mineral extraction

  • Increasing investments in mining and exploration activities

  • The use of seismic technology in shale gas exploration

  • Rise in demand for multiclient surveys

Regional Analysis:

By region, the geophysical services market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of geophysical services market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. The North America geophysical services market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: EON Geosciences, Dawson Geophysical Inc., Geotech Surveys, TGS, Phoenix Geophysics, SEA GEO SURVEYS PVT LTD, Geophysical Survey Systems Inc., Compagnie Générale de Géophysique, Spectrum Geophysics, New Resolution Geophysics, and ION Geophysical Corporation...

Market Segmentation:

By Type:

  • Aerial Based Survey

  • Land Based Survey

By Technology:

  • Magnetic

  • Gradiometry

  • Gravity

  • Electromagnetic

  • LIDAR

  • Hyperspectral

  • Ground Penetrating Radar

  • Resistivity

  • Seismic

  • Others

By End Use Industry:

  • Oil & Gas

  • Minerals & Mining

  • Agriculture

  • Water Exploration

  • Environment

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Technology

    • By End Use Industry

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Technology

    • By End Use Industry

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Technology

    • By End Use Industry

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Technology

    • By End Use Industry

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Technology

    • By End Use Industry

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Technology

    • By End Use Industry

Reasons To Buy This Report:

  • Market size estimation of the global geophysical services market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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