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Seismic survey market forecast to 2022 scrutinized in new research

Industrial Market Research

The main driving factors for the growth of the seismic survey market are the demand for seismic technology in brown field projects and the use of seismic technology in shale gas exploration. The reduction in investments and budgets for exploration and production (E&P) due to the crash of oil prices would be a restraint for the seismic survey market.

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The seismic survey market is expected to grow from an estimated USD 7.54 billion in 2017 to a projected USD 9.28 billion by 2022.

The market for data processing and interpretation is expected to grow at a significant pace during the forecast period. The demand for data processing and interpretation is increasing as oil &gas companies utilize these software services to explore new hydrocarbon fields.

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The advances in technology are useful to operators and oil &gas service companies during the exploration of mature oilfields. Oil &gas companies are currently investing in fields that have already been explored with the help of data processing and interpretation.

Thus, the demand for data processing and interpretation increases as oil & gas companies begin exploring brown fields projects.

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Breakdown of Primaries :

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitate information as well as assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 55%, Tier 2- 20%, and Tier 3- 25%
  • By Designation: C-Level- 75% and Manger Level- 25%
  • By Region: North America- 15%, Europe- 20%, Asia-Pacific- 40%, Middle East- 10%, South America- 10%,and Africa- 5%

Key Points From Table Of Content :

Company Profiles :

10.1 Seabird Exploration, PLC
10.1.1 Overview
10.1.2 Service Offerings
10.1.3 Seabird Exploration Group: Service Offering Scorecard
10.1.4 Seabird Exploration Group: Business Strategy Scorecard
10.1.5 Recent Developments

10.2 Petroleum Geo-Services (PGS)
10.2.1 Overview
10.2.2 Service Offerings
10.2.3 Petroleum Geo-Services: Service Offering Scorecard
10.2.4 Petroleum Geo-Services: Business Strategy Scorecard
10.2.5 Recent Developments

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10.3 Tomlinson Geophysical Services, Inc. (TGS)-Norwegian Petroleum Exploration Consultants (NOPEC) Geophysical Company
10.3.1 Overview
10.3.2 Service Offerings
10.3.3 Tomlinson Geophysical Services, Inc. (TGS)-Norwegian Petroleum Exploration Consultants (NOPEC) Geophysical Company: Service Offering Scorecard
10.3.4 Tomlinson Geophysical Services, Inc. (TGS)-Norwegian Petroleum Exploration Consultants (NOPEC) Geophysical Company: Business Strategy Scorecard
10.3.5 Recent Developments

10.4 Compagnie Generale De Geophysique, S.A.
10.4.1 Overview
10.4.2 Service Offerings
10.4.3 Compagnie Generale De Geophysique, S.A.: Service Offering Scorecard
10.4.4 Compagnie Generale De Geophysique, S.A.: Business Strategy Scorecard
10.4.5 Recent Developments

Research Coverage:

The seismic survey market segments covered in this study include data acquisition, data processing, and data interpretation services and 2D, 3D, and 4D technology. The study aims at estimating the size and future growth potential of the market across different regions.

Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, business overviews, and recent developments.

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