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Increasing demand for oil and gas are expected to drive innovation in integrated geophysical services manufacturing, thus driving the market during the forecast period.

The global integrated geophysical services market is expected to grow from $2.16 billion in 2022 to $2.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.9The global integrated geophysical services market size is expected to grow to $2.75 billion in 2027 at a CAGR of 4.7%.

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Global Integrated Geophysical Services Market Segments Include:

• By Method: Vertical Electrical Sounding, Electrical Resistivity Tomography (ERT), Seismic refraction, Microgravity survey with differential GPS, Magnetic profiles, Induced polarization, 2D seismic prospection (refraction tomography and reflection sections), Ground penetrating radar (GPR)
• By Application: Infrastructure and building constructions, Offshore wind farm surveys, Offshore cable tracking surveys, Mineral exploration and mining engineering, Natural resources and energy, Water resource, environment and waste management, Archaeological surveys
• By Survey Type: Aerial-based, Land-based
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global integrated geophysical services market in 2021.

Major Market Players in the integrated geophysical services market include CGS, Halliburton, Polarcus, Geokinetics, Petroleum Geo-Services (PGS), and Schlumberger WesternGeco.

Drones are increasingly being used by integrated geophysical service companies to get precise information and to decrease the burden on people in the harsh environment. According to a statement released by the Aerospace CH UAV Co., in 2022, Caihong, or Rainbow drone, will be used by China to explore the Qinghai-Xizang Plateau and the polar regions for geological resources. These Aero geophysical exploration method combines geophysical exploration with aviation to obtain a variety of geophysical field information rapidly and efficiently. The company also said drones are advantageous for conducting surveys since they work quickly and efficiently and are unaffected by terrain conditions and human factors.

The Integrated Geophysical Services Global Market Report 2023 provides a integrated geophysical services market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The integrated geophysical services market forecast analyzes integrated geophysical services market size, integrated geophysical services market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Geophysical integration refers to techniques used in geophysical imaging and inversion to account for multiple sources of information and to enable the concurrent or cooperative use of numerous geophysical datasets to constrain the geophysical problem better and reduce uncertainty.

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