Learn about the global geophysical data sales market through The Business Research Company, which provides information on geophysical data sales market size, geophysical data sales market drivers and restraints, geophysical data sales market players, the COVID-19 impact on the geophysical data sales market, and more.

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The global geophysical data sales market is expected to grow from $2.54 billion in 2021 to $2.65 billion in 2022 at a compound annual growth rate (CAGR) of 4.3%. The growth in the geophysical data sales market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The geophysical data sales market is expected to reach $2.96 billion in 2026 at a CAGR of 2.8%.

Increased applications in oil and gas exploration activities in the emerging countries due to the increasing demand from the oil and gas industry are expected to drive innovation in geophysical data sales manufacturing, thus driving the market during the forecast period.

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The geophysical data sales market consists of the sales of geophysical data services and related goods by entities (organizations, sole traders, and partnerships) that locate and measure the extent of subsurface resources, such as oil, gas, and minerals, and also conduct surveys for engineering purposes. The surveying techniques include magnetic surveys, gravity surveys, seismic surveys, or electrical and electromagnetic surveys. Only goods and services traded between entities or sold to end consumers are included.

Global Geophysical Data Sales Market Segments Include:

By Technology: Seismic, Magnetic, Gravity, Electromagnetics, LIDAR, Ground Penetrating, Others

By Type: Aerial-based Survey, Land-based Survey

By Services: Data Processing, Data Interpretation, Data Acquisition

By End User: Agriculture, Environment, Minerals & Mining, Oil & Gas, Water Exploration

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The launch of seismic technology has created immense demand in the geophysical data sales market. Seismic technology is used by oil and gas researchers to map and interpret potential hydrocarbon reserves. But adding the time dimension, 4D seismic technology shows how a reservoir will change over time.

TBRC’s geophysical data sales market report covers:

Major Market Players: Dawson Geophysical Company, EON Geosciences, Geotech Surveys, TGS Geophysical Company, Geophysical Survey Systems, Inc., CGG SA, Fugro NV, Petroleum Geo-Services ASA, Phoenix Geophysics and Sea Geo Surveys Pvt. Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Geophysical Data Sales Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides geophysical data sales market overviews, analyses and forecasts market size, share, geophysical data sales market players, geophysical data sales market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s geophysical data sales market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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