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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Data Acquisition, Processing, and Interpretation to Account for a Substantial Market Share of the Seismic Services Industry
The heightened demand for seismic services in the oil and gas industry is projected to bolster the market growth in the forecast period. In this regard, the demand for data acquisition and accurate processing and interpretation is witnessing a surge to reduce the risk of accidents during boring processes. For instance, the Indian Ministry of Petroleum and Natural Gas in its 2021 report stated that the seismic survey for data acquisition, processing and interpretation achieved a success of 93.5%. In addition, the rising demand for oil and natural gas for various applications in industrial and transportation sector is resulting in increased government efforts towards the promotion of seismic services and surveys, which is estimated to support the market growth.
Seismic Services Market Report Snapshots
Seismic Services Market Growth
Seismic Services Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global seismic services market is projected to grow at a CAGR of 5.20% between 2025 and 2034.
The major drivers of industry include the rising demand for oil or natural gas across industries, rapidly increasing offshore boring activities in the oil and gas, and the growing environmental consciousness and the stringent government regulations to combat climate change.
The key market trends guiding the growth of the industry include the rapid technological advancements in seismic technologies.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The services explored in the market report include data acquisition, and data processing and interpretation.
The major locations of deployment considered in the market report include onshore and offshore.
The major players in the industry are Schlumberger Limited, CGG S.A., PGS ASA, TGS-NOPEC Geophysical Company ASA, Halliburton Company, Furgo N.V., and Polarcus Limited, among others.
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