Global geophysical equipment market was valued at $ 9 billion in 2018 and is projected to witness a steady growth of 6.7% CAGR to reach $ 13.5 billion by 2024. Clean energy transition is driving demand for metals and minerals, which is expected to result in rising need for geophysical equipment and services. Geophysical studies can be considered as a great tool as it can enable exploration teams to have remote access to a vast variety of data in a fraction of seconds. Geophysical equipment enables geologists to utilize technology and fetch accurate data in a much lesser period. There are various applications of geophysical, however, it is widely used in mining and oil & gas industry. As a part of oil & gas industry, it is also used in subsea systems. Additionally, maturation of old hydrocarbon reserves and fall in rig counts is expected to propel exploration activities, which in turn, would drive geophysical equipment market across various regions.

In terms of equipment type, geophysical equipment market is categorized into electrical resistivity, electromagnetic, seismic and others. Among these, seismic accounted for a significant share of the market in 2018.

Among regions, the market for geophysical equipment is categorized into North America, Europe, South America, Asia-Pacific and Middle East & Africa. Of all, Middle East and Africa and South America are anticipated to show a healthy growth during forecast period on account of increasing oil and gas exploration activities in the regions.

Developments and innovations in products and technologies are the basic trends in global geophysical equipment market. Some of the major players operating in global geophysical equipment are Phoenix Geophysics, IRIS Instruments, Geotech Ltd., Sercel SA, CSA Global, Ramboll Group A/S, Dawson Geophysical Inc. among others.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast global geophysical equipment market size.
  • To forecast global geophysical equipment market based on equipment type, end user and regional distribution.
  • To identify drivers and challenges for global geophysical equipment market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global geophysical equipment market.
  • To conduct pricing analysis for global geophysical equipment market.
  • To identify and analyze the profile of leading players operating in global geophysical equipment market. 

 

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Some of the leading players in the global geophysical equipment market are Phoenix Geophysics, IRIS Instruments, Geotech Ltd., Sercel SA, CSA Global, Ramboll Group A/S, DMT, Dawson Geophysical Inc., Geoex Ltd., Schlumberger Limited, BGP Inc. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of geophysical equipment manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the developers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated global geophysical equipment market size using a top down approach, wherein data for various application across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Geophysical equipment stakeholders
  • Geophysical equipment end-user industries
  • Organizations, forums and alliances related to geophysical equipment market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as equipment manufacturers, Service providers and end users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, global geophysical equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, Equipment Type
    • Electrical Resistivity
    • Electromagnetic
    • Seismic
    • Others
  • Market, End User
    • Mining
    • Oil & Gas Exploration
    • Geothermal Exploration
    • Groundwater Exploration
    • Others
  • Market, by Region:
    • Asia-Pacific
      • China
      • India
      • Malaysia
      • Australia
      • Indonesia
      • Japan
    • Europe & CIS
      • United Kingdom
      • Russia
      • Italy
      • Norway
      • Germany
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Iraq
      • Saudi Arabia
      • Iran
      • Algeria

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global geophysical equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Factors considered while selecting a supplier

4.2.  Product awareness and applicability & usage analysis

4.3.  Challenges/issues faced post purchase

4.4.  Unmet needs

5.    Global Geophysical Equipment Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Equipment Type [Electrical Resistivity; Electromagnetic; Seismic; Others]

5.2.2.     By End User [Mining; Oil & Gas Exploration; Geothermal Exploration; Groundwater Exploration; Others.]

5.2.3.     By Region [Asia-Pacific; Europe; North America; South America; Middle East & Africa]

5.2.4.     By Company [2018]

5.3.  Market Attractiveness Index [By Equipment Type; By End User; By Region]

6.    North America Geophysical Equipment Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Equipment Type

6.2.2.     By End User

6.2.3.     By Country

6.3.  United States Geophysical Equipment Market Outlook

6.3.1.     Market Size & Forecast

6.3.1.1.         By Value

6.3.2.     Market Share & Forecast

6.3.2.1.         By Equipment Type

6.3.2.2.         By End User

6.4.  Canada Geophysical Equipment Market Outlook

6.4.1.     Market Size & Forecast

6.4.1.1.         By Value

6.4.2.     Market Share & Forecast

6.4.2.1.         By Equipment Type

6.4.2.2.         By End User

6.5.  Mexico Geophysical Equipment Market Outlook

6.5.1.     Market Size & Forecast

6.5.1.1.         By Value

6.5.2.     Market Share & Forecast

6.5.2.1.         By Equipment Type

6.5.2.2.         By End User

7.    Europe Geophysical Equipment Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Equipment Type

7.2.2.     By End User

7.2.3.     By Country

7.3.  Russia Geophysical Equipment Market Outlook

7.3.1.     Market Size & Forecast

7.3.1.1.         By Value

7.3.2.     Market Share & Forecast

7.3.2.1.         By Equipment Type

7.3.2.2.         By End User

7.4.  United Kingdom Geophysical Equipment Market Outlook

7.4.1.     Market Size & Forecast

7.4.1.1.         By Value

7.4.2.     Market Share & Forecast

7.4.2.1.         By Equipment Type

7.4.2.2.         By End User

7.5.  Germany Geophysical Equipment Market Outlook

7.5.1.     Market Size & Forecast

7.5.1.1.         By Value

7.5.2.     Market Share & Forecast

7.5.2.1.         By Equipment Type

7.5.2.2.         By End User

7.6.  Norway Geophysical Equipment Market Outlook

7.6.1.     Market Size & Forecast

7.6.1.1.         By Value

7.6.2.     Market Share & Forecast

7.6.2.1.         By Equipment Type

7.6.2.2.         By End User

7.7.  Italy Geophysical Equipment Market Outlook

7.7.1.     Market Size & Forecast

7.7.1.1.         By Value

7.7.2.     Market Share & Forecast

7.7.2.1.         By Equipment Type

7.7.2.2.         By End User

8.    Asia Pacific Geophysical Equipment Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Equipment Type

8.2.2.     By End User

8.2.3.     By Country

8.3.  China Geophysical Equipment Market Outlook

8.3.1.     Market Size & Forecast

8.3.1.1.         By Value

8.3.2.     Market Share & Forecast

8.3.2.1.         By Equipment Type

8.3.2.2.         By End User

8.4.  India Geophysical Equipment Market Outlook

8.4.1.     Market Size & Forecast

8.4.1.1.         By Value

8.4.2.     Market Share & Forecast

8.4.2.1.         By Equipment Type

8.4.2.2.         By End User

8.5.  Japan Geophysical Equipment Market Outlook

8.5.1.     Market Size & Forecast

8.5.1.1.         By Value

8.5.2.     Market Share & Forecast

8.5.2.1.         By Equipment Type

8.5.2.2.         By End User

8.6.  Australia Geophysical Equipment Market Outlook

8.6.1.     Market Size & Forecast

8.6.1.1.         By Value

8.6.2.     Market Share & Forecast

8.6.2.1.         By Equipment Type

8.6.2.2.         By End User

8.7.  Malaysia Geophysical Equipment Market Outlook

8.7.1.     Market Size & Forecast

8.7.1.1.         By Value

8.7.2.     Market Share & Forecast

8.7.2.1.         By Equipment Type

8.7.2.2.         By End User

8.8.  Indonesia Geophysical Equipment Market Outlook

8.8.1.     Market Size & Forecast

8.8.1.1.         By Value

8.8.2.     Market Share & Forecast

8.8.2.1.         By Equipment Type

8.8.2.2.         By End User

9.    Middle East & Africa Geophysical Equipment Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Equipment Type

9.2.2.     By End User

9.2.3.     By Country

9.3.  Saudi Arabia Geophysical Equipment Market Outlook

9.3.1.     Market Size & Forecast

9.3.1.1.         By Value

9.3.2.     Market Share & Forecast

9.3.2.1.         By Equipment Type

9.3.2.2.         By End User

9.4.  Iraq Geophysical Equipment Market Outlook

9.4.1.     Market Size & Forecast

9.4.1.1.         By Value

9.4.2.     Market Share & Forecast

9.4.2.1.         By Equipment Type

9.4.2.2.         By End User

9.5.  Iran Geophysical Equipment Market Outlook

9.5.1.     Market Size & Forecast

9.5.1.1.         By Value

9.5.2.     Market Share & Forecast

9.5.2.1.         By Equipment Type

9.5.2.2.         By End User

9.6.  Algeria Geophysical Equipment Market Outlook

9.6.1.     Market Size & Forecast

9.6.1.1.         By Value

9.6.2.     Market Share & Forecast

9.6.2.1.         By Equipment Type

9.6.2.2.         By End User

10.  South America Geophysical Equipment Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Equipment Type

10.2.2.  By End User

10.2.3.  By Country

10.3.              Brazil Geophysical Equipment Market Outlook

10.3.1.  Market Size & Forecast

10.3.1.1.      By Value

10.3.2.  Market Share & Forecast

10.3.2.1.      By Equipment Type

10.3.2.2.      By End User

10.4.              Argentina Geophysical Equipment Market Outlook

10.4.1.  Market Size & Forecast

10.4.1.1.      By Value

10.4.2.  Market Share & Forecast

10.4.2.1.      By Equipment Type

10.4.2.2.      By End User

10.5.              Colombia Geophysical Equipment Market Outlook

10.5.1.  Market Size & Forecast

10.5.1.1.      By Value

10.5.2.  Market Share & Forecast

10.5.2.1.      By Equipment Type

10.5.2.2.      By End User

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles

13.2.1.  Basic Details

13.2.2.  Financials (As reported)

13.2.3.  Key Market Focus and Geographical Presence

13.2.4.  Planned Investments

13.3.              Global Players Profiled (Leading Companies)

13.3.1    Service Providing Companies

13.3.1.1.      Phoenix Geophysics

13.3.1.2.      IRIS Instruments

13.3.1.3.      Geotech Ltd.

13.3.1.4.      Sercel SA

13.3.2    Manufacturing Companies

13.3.2.1.       CSA Global

13.3.2.2.       Ramboll Group A/S

13.3.2.3.       DMT

13.3.2.4.       Dawson Geophysical, Inc.

13.3.2.5.       Geoex Ltd

13.3.2.6.       Schlumberger Limited

13.3.2.7.       BGP Inc.

14. Strategic Recommendations

 (Note: The companies list can be customized based on the client requirements)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

  • List of Figures: -

    Figure 1: Global Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 2: Global Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 3: Global Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 4: World Gross Domestic Price, at current prices (USD), 2014-2019

    Figure 5: Global Geophysical Equipment Market Share, By Region, By Value, 2018 & 2024F

    Figure 6: Global Geophysical Equipment Market Share, By Company, By Value, 2018

    Figure 7: Equipment Type Map on the basis of Market Size (USD Billion) & Growth Rate (%)

    Figure 8: End User Map on the basis of Market Size (USD Billion) & Growth Rate (%)

    Figure 9: Region Map on the basis of Market Size (USD Billion) & Growth Rate (%)

    Figure 10: North America Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 11: North America Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 12: North America Real GDP Growth Rate, 2013-2018

    Figure 13: North America Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 14: North America Geophysical Equipment Market Share, By Country, By Value, 2018 & 2024F

    Figure 15: United States Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 16: United States Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 17: United States GDP, 2014-2023F (USD Billion)

    Figure 18: United States Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 19: Canada Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 20: Canada Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 21: Canada GDP Per Capita Income (Thousand USD), 2010-2016

    Figure 22: Canada Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 23: Mexico Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 24: Mexico Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 25: Mexico Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 26: Europe Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 27: Europe Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 28: Europe Real GDP Growth Rate, 2013-2018

    Figure 29: Europe Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 30: Europe Geophysical Equipment Market Share, By Country, By Value, 2018 & 2024F

    Figure 31: Russia Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 32: Russia Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 33: Russia Oil Reserves, By Region, 2018

    Figure 34: Russia Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 35: United Kingdom Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 36: United Kingdom Inflation Rate, 2014-2023F (Change in %)

    Figure 37: United Kingdom Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 38: United Kingdom Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 39: Germany Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 40: Germany Real GDP Growth Rate, 2013-2018

    Figure 41: Germany Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 42: Germany Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 43: Norway Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 44: Norway Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 45: Norway Real GDP Growth Rate, 2013-2018

    Figure 46: Norway Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 47: Italy Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 48: Italy Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 49: Italy Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 50: Asia Pacific Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 51: Asia Pacific Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 52: Asia Pacific Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 53: Asia Pacific Geophysical Equipment Market Share, By Country, By Value, 2018 & 2024F

    Figure 54: China Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 55: China Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 56: China Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 57: China Number of Employment, 2014-2018 (Million)

    Figure 58: India Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 59: India Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 60: India Number of Industries, By Employment Size Category, By Sector, 2018

    Figure 61: India Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 62: Japan Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 63: Japan Total Expenditure, 2014-2023F (% of GDP)

    Figure 64: Japan Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 65: Japan Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 66: Australia Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 67: Australia Total Expenditure, 2014-2023F (% of GDP)

    Figure 68: Australia Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 69: Australia Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 70: Malaysia Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 71: Malaysia Total Expenditure, 2014-2023F (% of GDP)

    Figure 72: Malaysia Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 73: Malaysia Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 74: Indonesia Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 75: Indonesia Total Expenditure, 2014-2023F (% of GDP)

    Figure 76: Indonesia Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 77: Indonesia Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 78: Middle East & Africa Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 79: Middle East & Africa Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 80: Middle East & Africa Real GDP Growth Rate, 2013-2018

    Figure 81: Middle East & Africa Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 82: Middle East & Africa Geophysical Equipment Market Share, By Country, By Value, 2018 & 2024F

    Figure 83: Saudi Arabia Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 84: Saudi Arabia Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 85: Saudi Arabia number of proven reserves, 2018

    Figure 86: Saudi Arabia Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 87: Iraq Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 88: Iraq Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 89: Iraq Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 90: Iran Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 91: Iran Gross National Savings (% of GDP), 2013-2020F

    Figure 92: Iran Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 93: Iran Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 94: Algeria Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 95: Algeria Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 96: Algeria Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 97: South America Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 98: South America Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 99: South America Real GDP Growth Rate, 2013-2018

    Figure 100: South America Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 101: South America Primary Energy Consumption Share, By Fuel Type, 2018

    Figure 102: South America Geophysical Equipment Market Share, By Country, By Value, 2018 & 2024F

    Figure 103: Brazil Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 104: Brazil Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 105: Brazil GDP per Capita at Current Prices, 2013-2023F (USD)

    Figure 106: Brazil Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 107: Argentina Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 108: Argentina Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 109: Argentina GDP Composition by Sector, 2012-2018

    Figure 110: Argentina Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F

    Figure 111: Colombia Geophysical Equipment Market Size, By Value, 2014-2024F (USD Billion)

    Figure 112: Colombia Geophysical Equipment Market Share, By Equipment Type, By Value, 2018 & 2024F

    Figure 113: Population of Colombia, By State, 2017 (Million)

    Figure 114: Colombia Geophysical Equipment Market Share, By End User, By Value, 2018 & 2024F