Report Description

The Global Seismic Survey Equipment Market is anticipated to grow at a robust pace in the forecast period, 2024-2028. Growing risk management investment and the demand for contemporary land survey equipment are the major revenue factors that influence the market for seismic survey equipment. The market is expected to grow as a result of the benefits of employing computerized instruments while performing land surveys. Seismic surveying is one of the most effective techniques for examining rocks and the subsurface. It works effectively for searching for subterranean water, oil, and mineral resources. Seismic investigations are frequently used for subsurface depth, site analysis, geotechnical characteristics, groundwater research, and coal and hydrocarbon exploration. The market will soon have the chance to produce terrestrial laser scanners with land survey equipment due to technological advancements.

One of the most efficient methods for examining rocks and the subsoil is seismic surveying. It is excellent for locating oil, groundwater, and valuable minerals. Deepness to bedrock, site research, geotechnical features, groundwater exploration, and hydrocarbon and coal exploration are typical uses for seismic studies.

Growing Hazard Management Investments to propel the market of Seismic Survey Equipment

Seismic surveying is a technique for examining underground structures in connection with the search for mineral, petroleum, and natural gas resources. The process is based on measuring the amount of time that passes between an explosion's seismic wave commencement at a chosen shooting point and the arrival of reflected or refracted impulses at one or more seismic detectors. The worldwide seismic survey equipment market is driven by the need for precise pictures of the subsurface and allows for the identification of both lateral and depth changes.

The global seismic survey equipment market is anticipated to grow over the forecast period as a result of the steady increase in oil and gas exploration activities taking place all over the world. Moreover, the use of seismic survey technology improves the search and accelerates the overall search progression at the higher end.

Induced seismicity and emissions into the environment are caused by a seismic survey done for the subsurface research. To dig a bore well during shale gas exploration, first a small amount of water is utilized; afterwards, a measured amount is used. The global demand for seismic survey equipment is fueled by the usage of such equipment during hydraulic fracturing for environmental research.

Equipment technological advancements and booming oil and gas exploration

Due to the increasing use of seismic survey technologies such as 3D imaging and data acquisitions, among others, in brownfield projects, where development work is carried out in the location where prior work has been done and the field is in rebuilt, modify mode, the demand for seismic survey equipment is predicted to increase significantly. It is anticipated that the creation and application of this technology would provide the seismic survey equipment market with numerous lucrative opportunities.

The demand for seismic survey equipment worldwide is being driven by quick advancements and rebuilding of Brownfield project sites that were once in use but are currently abandoned or underused. These Brownfield project locations, which had formerly housed railways, gas stations, oil refineries, or large manufacturing facilities, are primarily located in Western nations.

Seismic survey technology gives precise pictures of the subsurface at these redevelopment sites, allowing for the direct detection of hydrocarbons as well as the identification of stratigraphical boundaries and the detection of both lateral and depth variations. During the anticipated period, these elements are anticipated to drive the seismic survey equipment market.

In general, a towed transmitter and a variety of geophones are used for maritime surveys, along with other tools including water guns, air guns, sparkers, boomers, and chirp systems. Seismic surveys provide a "CAT scan" of the Earth's subsurface using reflected sound waves. However, they are mostly utilized for oil and gas development.


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Market Segmentation

The Global Seismic Survey Equipment Market is divided into Component, Technology, Application, Industry, Region and Competitive Landscape. Based on component, the market is divided into Hardware, Software, Services. Based on Technology, the market is divided into 3D, 2D,4D. Based on Application, the market is divided into Offshore, Onshore. Based on Industry, the market is divided into Oil & Gas and Others.

Market players

Major market players in the Global Seismic Survey Equipment Market are China National Petroleum Corporation, Fugro N.V, International Leading Technologies Transfer Company Limited, Mitcham Industries, Inc, Petroleum Geo-Services (PGS), Ramboll Group A/S, Schlumberger Limited, Seismic Survey Equipment, Sercel, Wireless Seismic, Inc.

Recent Developments

  • The largest MENA-based seismic acquisition business, ARGAS, is pleased to announce that the Egypt vibroseis team from ARDISEIS (98% owned by ARGAS) has achieved a new record of +41,000 VPs recorded in a 24-hour period in early March 2021.
  • Geospace Technologies Corporation, a significant provider of marine geophysical services, and SAExploration established a long-term rental agreement in July 2022. SAExploration will rent the OBX-750E seabed ocean bottom wireless seismic data gathering nodes. The estimated value of the contract is USD12 million.

Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, value, and CAGR for 2018 -2022 and 2023 - 2028

Report coverage

Revenue forecast, Company Share, growth factors, and trends

Segments covered

By Component

By Technology

By Application By Industry

Regional scope

North America; Asia-Pacific; Europe; South America; Middle East

Country scope

U.S, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Russia, China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific, Brazil, Rest of Latin America, Saudi Africa, South Arabia, UAE, Rest of Middle East and Africa

Key companies profiled

China National Petroleum Corporation, Fugro N.V, International Leading Technologies Transfer Company Limited, Mitcham Industries, Inc, Petroleum Geo-Services (PGS), Ramboll Group A/S, Schlumberger Limited, Seismic Survey Equipment, Sercel, Wireless Seismic, Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Seismic Survey Equipment Markethas been segmented into the following categories, in addition to the industry trends which have also been detailed below:

   o   Seismic Survey Equipment Market, By Component:

o   Hardware

o   Software

o   Services

   o   Seismic Survey Equipment Market, By Technology:

o   3D

o   2D

o   4D

   o   Seismic Survey Equipment Market, By Application:

o   Offshore

o   Onshore

   o   Seismic Survey Equipment Market, By Industry:

o   Oil & Gas

o   Others

   o   Seismic Survey Equipment Market, By Region:

o   North America

§  United States

§  Mexico

§  Canada

o   Asia-Pacific

§  India

§  Japan

§  South Korea

§  Australia

§  Singapore

§  Malaysia

§  China

o   Europe

§  Germany

§  United Kingdom

§  Russia

§  France

§  Italy

§  Spain

§  Poland

§  Denmark

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

o   Middle East & Africa

§  Saudi  Arabia

§  South Africa

§  UAE

§  Israel

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Seismic Survey Equipment Market.

Available Customizations:

Tech Sci 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).
The Global Seismic Survey Equipment Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 Global Seismic Survey Equipment Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Factors considered while selecting a supplier

5.2.  Challenges/issues faced post purchase

5.3.  Major Challenges Faced

5.4.  Technological Awareness

6.    Global Seismic Survey Equipment Market

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Component (Hardware, Software, Services)

6.2.2.    By Technology (3D, 2D,4D)

6.2.3.    By Application (Offshore, Onshore)

6.2.4.    By Industry (Oil & Gas and Others)

6.2.5.    By Region

6.2.6.    By Company

6.3.  Market Map

7.    North America Seismic Survey Equipment Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Component

7.2.2.    By Technology

7.2.3.    By Application

7.2.4.    By Industry

7.2.5.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Seismic Survey Equipment Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Component

7.3.1.2.2.           By Technology

7.3.1.2.3.           By Application

7.3.1.2.4.           By Industry

7.3.2.    Canada Seismic Survey Equipment Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Component

7.3.2.2.2.           By Technology

7.3.2.2.3.           By Application

7.3.2.2.4.           By Industry

7.3.3.    Mexico Seismic Survey Equipment Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Component

7.3.3.2.2.           By Technology

7.3.3.2.3.           By Application

7.3.3.2.4.           By Industry

8.    Asia-Pacific Seismic Survey Equipment Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Component

8.2.2.    By Technology

8.2.3.    By Application

8.2.4.    By Industry

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Seismic Survey Equipment Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Component

8.3.1.2.2.           By Technology

8.3.1.2.3.           By Application

8.3.1.2.4.           By Industry

8.3.2.    India Seismic Survey Equipment Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Component

8.3.2.2.2.           By Technology

8.3.2.2.3.           By Application

8.3.2.2.4.           By Industry

8.3.3.    Japan Seismic Survey Equipment Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Component

8.3.3.2.2.           By Technology

8.3.3.2.3.           By Application

8.3.3.2.4.           By Industry

8.3.4.    South Korea Seismic Survey Equipment Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Component

8.3.4.2.2.           By Technology

8.3.4.2.3.           By Application

8.3.4.2.4.           By Industry

8.3.5.    Australia Seismic Survey Equipment Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Component

8.3.5.2.2.           By Technology

8.3.5.2.3.           By Application

8.3.5.2.4.           By Industry

8.3.6.    Singapore Seismic Survey Equipment Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value 

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Component

8.3.6.2.2.           By Technology

8.3.6.2.3.           By Application

8.3.6.2.4.           By Industry

8.3.7.    Malaysia Seismic Survey Equipment Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Value 

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.           By Component

8.3.7.2.2.           By Technology

8.3.7.2.3.           By Application

8.3.7.2.4.           By Industry

9.    Europe Seismic Survey Equipment Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Component

9.2.2.    By Technology

9.2.3.    By Application

9.2.4.    By Industry

9.2.5.    By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany Seismic Survey Equipment Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.2.        By Value 

9.3.1.3.        Market Share & Forecast

9.3.1.3.1.           By Component

9.3.1.3.2.           By Technology

9.3.1.3.3.           By Application

9.3.1.3.4.           By Industry

9.3.2.    United Kingdom Seismic Survey Equipment Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Component

9.3.2.2.2.           By Technology

9.3.2.2.3.           By Application

9.3.2.2.4.           By Industry

9.3.3.    France Seismic Survey Equipment Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Component

9.3.3.2.2.           By Technology

9.3.3.2.3.           By Application

9.3.3.2.4.           By Industry

9.3.4.    Russia Seismic Survey Equipment Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value 

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Component

9.3.4.2.2.           By Technology

9.3.4.2.3.           By Application

9.3.4.2.4.           By Industry

9.3.5.    Spain Seismic Survey Equipment Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value 

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Component

9.3.5.2.2.           By Technology

9.3.5.2.3.           By Application

9.3.5.2.4.           By Industry

9.3.6.    Poland Seismic Survey Equipment Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value 

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Component

9.3.6.2.2.           By Technology

9.3.6.2.3.           By Application

9.3.6.2.4.           By Industry

9.3.7.    Italy Seismic Survey Equipment Market Outlook

9.3.7.1.        Market Size & Forecast

9.3.7.1.1.           By Value 

9.3.7.2.        Market Share & Forecast

9.3.7.2.1.           By Component

9.3.7.2.2.           By Technology

9.3.7.2.3.           By Application

9.3.7.2.4.           By Industry

9.3.8.    Denmark Seismic Survey Equipment Market Outlook

9.3.8.1.        Market Size & Forecast

9.3.8.1.1.           By Value 

9.3.8.2.        Market Share & Forecast

9.3.8.2.1.           By Component

9.3.8.2.2.           By Technology

9.3.8.2.3.           By Application

9.3.8.2.4.           By Industry

10.  South America Seismic Survey Equipment Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Component

10.2.2. By Technology

10.2.3. By Application

10.2.4. By Industry

10.2.5. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Seismic Survey Equipment Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Component

10.3.1.2.2.         By Technology

10.3.1.2.3.         By Application

10.3.1.2.4.         By Industry

10.3.2. Argentina Seismic Survey Equipment Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Component

10.3.2.2.2.         By Technology

10.3.2.2.3.         By Application

10.3.2.2.4.         By Industry

10.3.3. Colombia Seismic Survey Equipment Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Component

10.3.3.2.2.         By Technology

10.3.3.2.3.         By Application

10.3.3.2.4.         By Industry

10.3.4. Peru Seismic Survey Equipment Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Component

10.3.4.2.2.         By Technology

10.3.4.2.3.         By Application

10.3.4.2.4.         By Industry

10.3.5. Chile Seismic Survey Equipment Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value 

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Component

10.3.5.2.2.         By Technology

10.3.5.2.3.         By Application

10.3.5.2.4.         By Industry

11.  Middle East & Africa Seismic Survey Equipment Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1. By Component

11.2.2. By Technology

11.2.3. By Application

11.2.4. By Industry

11.2.5. By Country

11.3.             Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Seismic Survey Equipment Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value 

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Component

11.3.1.2.2.         By Technology

11.3.1.2.3.         By Application

11.3.1.2.4.         By Industry

11.3.2. South Africa Seismic Survey Equipment Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value 

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Component

11.3.2.2.2.         By Technology

11.3.2.2.3.         By Application

11.3.2.2.4.         By Industry

11.3.3. UAE Seismic Survey Equipment Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value 

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Component

11.3.3.2.2.         By Technology

11.3.3.2.3.         By Application

11.3.3.2.4.         By Industry

11.3.4. Israel Seismic Survey Equipment Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value 

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Component

11.3.4.2.2.         By Technology

11.3.4.2.3.         By Application

11.3.4.2.4.         By Industry

11.3.5. Turkey Seismic Survey Equipment Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value 

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Component

11.3.5.2.2.         By Technology

11.3.5.2.3.         By Application

11.3.5.2.4.         By Industry

12.  Market Dynamics

12.1.             Drivers

12.1.1. Rising demand of oil and gas exploration

12.1.2. Growing awareness of Less Hazards in the field

12.1.3. Growing Hazard Management Investments

12.2.             Challenges

12.2.1. High Cost of installation

13.  Market Trends & Developments

13.1.             Technological advancement in seismic survey equipment’s

13.2.             Advancements and rebuilding of Brownfield project

13.3.             3D imaging and data acquisitions

14.  Company Profiles

14.1.             China National Petroleum Corporation

14.1.1. Business Overview

14.1.2. Key Revenue and Financials

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.1.6. SWOT Analysis

14.2.             Fugro N.V.

14.2.1. Business Overview

14.2.2. Key Revenue and Financials

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.2.6. SWOT Analysis

14.3.             INTERNATIONAL LEADING TECHNOLOGIES TRANSFER COMPANY LIMITED

14.3.1. Business Overview

14.3.2. Key Revenue and Financials

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Services

14.3.6. SWOT Analysis

14.4.             Mitcham Industries, Inc.

14.4.1. Business Overview

14.4.2. Key Revenue and Financials

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Services

14.4.6. SWOT Analysis

14.5.             Petroleum Geo-Services (PGS)

14.5.1. Business Overview

14.5.2. Key Revenue and Financials

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.5.6. SWOT Analysis

14.6.             Ramboll Group A/S

14.6.1. Business Overview

14.6.2. Key Revenue and Financials

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.6.6. SWOT Analysis

14.7.             Schlumberger Limited

14.7.1. Business Overview

14.7.2. Key Revenue and Financials

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.7.6. SWOT Analysis

14.8.             Seismic Survey Equipment

14.8.1. Business Overview

14.8.2. Key Revenue and Financials

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.8.6. SWOT Analysis

14.9.             Sercel

14.9.1. Business Overview

14.9.2. Key Revenue and Financials

14.9.3. Recent Developments

14.9.4. Key Personnel

14.9.5. Key Product/Services

14.9.6. SWOT Analysis

14.10.          Wireless Seismic, Inc.

14.10.1.              Business Overview

14.10.2.              Key Revenue and Financials

14.10.3.              Recent Developments

14.10.4.              Key Personnel

14.10.5.              Key Product/Services

14.10.6.              SWOT Analysis

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Depending on the wave type being used, there are three main forms of seismic surveys: refraction, reflection, and surface waves.

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4D (3D-Time Lapse) Seismic Surveys evaluate changes in a producing hydrocarbon reservoir over time. A 4D seismic survey collects three-dimensional (3D) seismic data over the same region at several intervals. Temperature, pressure, and fluid saturation may all change during 4D seismic surveys.

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The primary distinction between 2D and 3D seismic data gathered offshore is that 2D seismic data is acquired using a single listening cable towed behind the seismic vessel, whereas 3D seismic data is recorded using six parallel listening cables, each of which can be up to six kilometers long.

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In three-dimensional (3D) reflection seismic surveying, the sound source is moved from site to location while the sound detectors, which can number up to a thousand or more., on. The grid of lines in 3D seismic applications is typically straight and regularly spaced.

profile

Parvati Sharma

Account Manager BD
Press Release

The Seismic Survey Equipment Market to Register a high CAGR in the Forecast Period

Mar, 2023

Growing demand for oil & gas and technological advancements are the factors propelling the Global Seismic Survey Equipment Market in the forecast period.