The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The seismic survey market, valued at $9.35 billion in 2023, is set to reach $9.93 billion in 2024, growing at a CAGR of 6.2%. Increased adoption in oil, mining, and geological exploration fuels this growth. Forecasts predict a climb to $12.25 billion by 2028, driven by energy efficiency and renewable energy demands, alongside technological breakthroughs and eco-friendly solutions.

The seismic survey market is poised for growth due to the escalating demand for oil and gas. With projections showing a rise in crude oil production and natural gas consumption, the need for seismic surveys for exploration and optimization is evident.

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What Are The Key Trends That Influence Seismic Survey Market Share Analysis?

Technological advancements in seismic technologies are gaining traction in the seismic survey market. Major players in this market are actively developing innovative seismic survey technologies to maintain their competitive edge. For instance, in October 2021, Shearwater GeoServices, a Norway-based company specializing in seismic survey technology, launched Harmony, a new seismic source technology tailored for marine surveys. This cutting-edge technology aims to enhance subsurface characterization in marine surveys. Harmony technology introduces improved low-frequency seismic surveys, enabling more precise assessments in development, exploration, carbon capture, and monitoring applications. It facilitates deeper seismic imaging, more accurate representations of subsurface geology, and precise reservoir parameter calculations crucial for 3D and 4D applications. Shearwater intends to make Harmony widely accessible by leveraging its extensive fleet of vessels, enabling clients across various locations to adopt and benefit from this advanced technology.

Which Market Players Are Driving Growth In The Seismic Survey Market?

Major companies operating in the seismic survey  market report are China National Petroleum Corporation, Schlumberger Limited (SLB) Limited, Fugro N.V., CGG SA, Petroleum Geo-Services ASA, Terra Seis Group, TGS Nopec Geophysical ASA, Shearwater Geoservices Limited, Global Geophysical Services Inc., SAExploration Inc., Spectrum ASA, ION Geophysical Corporation, Fairfield Industries Incorporated, Geospace Technologies Corp., Katalyst Data Management LLC, Geokinetics Inc., Dawson Geophysical Co., Terrex Seismic, NodalSeismic LLC, TerraSond Limited, SeaBird Exploration Plc., Pulse Seismic Inc., Axxis Geo Solutions ASA, Alpine Ocean Seismic Survey Inc., Dolphin Geophysical AS, EON Geosciences Inc., Explor, Lone Star Land Surveying and Mapping, New Resolution Geophysics (NRG), Agile Seismic LLC.

How Is The Global Seismic Survey Market Segmented?

The seismic survey market covered in this report is segmented –

1) By Type: Reflection, Refraction, Surface-Wave
2) By Service Type: Data Interpretation, Data Processing, Data Acquisition
3) By Deployment: Offshore, Onshore
4) By Technology: 2D Imaging, 3D Imaging, 4D Imaging
5) By Application: Oil And Gas, Geological Exploration, Mining, Other Applications

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The Seismic Survey Global Market Report 2024 provides an overview of the seismic surveymarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The seismic survey market forecast analyzes seismic survey market size, seismic survey market share, leading competitor and their market positions.

The Table Of Content For The Seismic Survey Market Include

1. Seismic Survey Market Executive Summary
2. Seismic Survey Market Segments
3. Seismic Survey Market Size And Template Market Growth Rate
4.  Key Seismic Survey Market Trends
5. Major Seismic Survey Market Drivers
……
25. Key Mergers And Acquisitions In The Seismic Survey Market
26. Top Seismic Survey Companies
27. Seismic Survey Market Opportunities And Strategies
28. Seismic Survey Market, Conclusions And Recommendations
29. Appendix

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