Global Seismic Services Market Size study & Forecast, by Type (Data Acquisition, Services Offered, Technology), by Location of Deployment (Onshore, Offshore), by Application (Oil & Gas, Construction, Mining, Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global Seismic Services Market is valued at approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. Seismic services involve the collecting of seismic data in order to create a 2D or 3D representation of the Earth's underground layers. The seismic survey is used by oil and gas companies to examine new hydrocarbon fields, which helps to forecast the growth of the seismic services market. A vibroseis vehicle is used to do seismic testing. An acoustic sound signal is produced by a plate mounted to the vehicle and reflected off the earth's surface. A tiny vehicle is equipped with geophones to record the reflected sound. Additionally, seismic services are mostly employed for exploratory purposes in the mining and oil & gas industries. The oil and gas sector has begun to integrate digital technology with the goal of enhancing reservoir resource understanding, production potential, health and safety, and operational efficiency at oil fields. In addition, many organisations are generating incremental performance gains through the judicious use of business and digital technologies, certainly boost the market's growth. Global economic expansion and increasing urbanization raised the demand for fossil fuels. Geophysical services are used by many corporate and public institutions across the world to assess the properties of the geological subsurface. It detects differences in rock kinds and physical discontinuities without the need for drilling or tunnelling. As a result, several global conglomerates invest in exploration and production operations to supply the rising need for fuel and energy.

Increasing demand from the Offshore Oil and Gas Industry drive the market. Seismic services in the offshore oil and gas industry enable informed decisions on drilling, reservoirs, and production. By offering detailed subsurface information, these services mitigate risks, improve operational efficiency, and enhance project success rates. In January 2022, Shell PLC announced the discovery of a substantial offshore oil and gas well in Namibia. The newly found hold 250-300 million barrels of oil and gas, according to preliminary analysis of the exploratory drilling. Following this discovery, the market likely be driven by the reservoir development work required for commercial petroleum production. Additionally, the government-owned oil and gas corporation of Abu Dhabi declared in February 2022 that it had found 1.5 to 2 trillion standard cubic feet of gas in an offshore region to the northwest of the Emirate. Additionally, the development of Deepwater and ultra-Deepwater water reserves and increasing hydrocarbon exploration is anticipated to create lucrative opportunities for the market. However, volatility in crude oil and opposition to mining by the local community of seismic services stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Seismic Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to expanding exploration and production (e&p) activities, technological advancements, offshore exploration and production, growing investments in upstream sector, and growing regional oil and gas discoveries. North America is expected to grow significantly during the forecast period, owing to Government decisions and recommendations encouraging oil and gas development are driving significant growth in the seismic services industry. The region is also drawing investments from a variety of international firms, eventually contribute to an increase in the development rate of the seismic services industry.

Major market player included in this report are:

SeaBird Exploration
Geotech Seismic Services PJSC
Echo Seismic Ltd.
Schlumberger Limited
SAExploration
Fugro Survey India Private Limited
Sterling Seismic Service Ltd.
Nodal Seismic, LLC
Amerapex Corporation,
Geokinetics Inc.

Recent Developments in the Market:

In January 2022, Santos, an oil and gas firm, awarded contracts to Shearwater GeoServices for two multicomponent surveys to be conducted offshore in Western Australia. The Keraudren North Extension in the Bedout Basin, covering an area of roughly 680 sq. km, and the Petrel Sub-Basin 3D survey, covering an area of roughly 1,100 sq. km, are both included in the two-month programme.
In December 2021, Shell PLC was ordered to immediately stop its seismic blasting along South Africa's Wild Coast by the Grahamstown High Court in Makhanda, South Africa, The Ministry of Mineral Resources and Energy and Shell were ordered by the court to cover the application's expenses.

Global Seismic Services Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Location of Deployment, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Data Acquisition
Services Offered
Technology

By Location of Deployment:

Onshore
Offshore

By Application:

Oil & Gas
Construction
Mining
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Seismic Services Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Seismic Services Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Seismic Services Market, by Location of Deployment, 2020-2030 (USD Billion)
- 1.2.4. Seismic Services Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Seismic Services Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Seismic Services Market Dynamics

3.1. Seismic Services Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Demand from the Offshore Oil and Gas Industry
  - 3.1.1.2. Economic expansion and increasing urbanisation raised demand for fossil fuels
- 3.1.2. Market Challenges
  - 3.1.2.1. Volatility in Crude Oil
  - 3.1.2.2. Opposition to Mining by Local Community
- 3.1.3. Market Opportunities
  - 3.1.3.1. Development of Deepwater and ultra-Deepwater water reserves
  - 3.1.3.2. Increasing Hydrocarbons Exploration to Spur Market

Chapter 4. Global Seismic Services Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Seismic Services Market, by Type

5.1. Market Snapshot
5.2. Global Seismic Services Market by Type, Performance - Potential Analysis
5.3. Global Seismic Services Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Seismic Services Market, Sub Segment Analysis
- 5.4.1. Data Acquisition
- 5.4.2. Services Offered
- 5.4.3. Technology

Chapter 6. Global Seismic Services Market, by Location of Deployment

6.1. Market Snapshot
6.2. Global Seismic Services Market by Location of Deployment, Performance - Potential Analysis
6.3. Global Seismic Services Market Estimates & Forecasts by Location of Deployment 2020-2030 (USD Billion)
6.4. Seismic Services Market, Sub Segment Analysis
- 6.4.1. Onshore
- 6.4.2. Offshore

Chapter 7. Global Seismic Services Market, by Application

7.1. Market Snapshot
7.2. Global Seismic Services Market by Application, Performance - Potential Analysis
7.3. Global Seismic Services Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Seismic Services Market, Sub Segment Analysis
- 7.4.1. Oil & Gas
- 7.4.2. Construction
- 7.4.3. Mining
- 7.4.4. Others

Chapter 8. Global Seismic Services Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Seismic Services Market, Regional Market Snapshot
8.4. North America Seismic Services Market
- 8.4.1. U.S. Seismic Services Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Location of Deployment breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Seismic Services Market
8.5. Europe Seismic Services Market Snapshot
- 8.5.1. U.K. Seismic Services Market
- 8.5.2. Germany Seismic Services Market
- 8.5.3. France Seismic Services Market
- 8.5.4. Spain Seismic Services Market
- 8.5.5. Italy Seismic Services Market
- 8.5.6. Rest of Europe Seismic Services Market
8.6. Asia-Pacific Seismic Services Market Snapshot
- 8.6.1. China Seismic Services Market
- 8.6.2. India Seismic Services Market
- 8.6.3. Japan Seismic Services Market
- 8.6.4. Australia Seismic Services Market
- 8.6.5. South Korea Seismic Services Market
- 8.6.6. Rest of Asia Pacific Seismic Services Market
8.7. Latin America Seismic Services Market Snapshot
- 8.7.1. Brazil Seismic Services Market
- 8.7.2. Mexico Seismic Services Market
8.8. Middle East & Africa Seismic Services Market
- 8.8.1. Saudi Arabia Seismic Services Market
- 8.8.2. South Africa Seismic Services Market
- 8.8.3. Rest of Middle East & Africa Seismic Services Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. SeaBird Exploration
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Geotech Seismic Services PJSC
- 9.3.3. Echo Seismic Ltd.
- 9.3.4. Schlumberger Limited
- 9.3.5. SAExploration
- 9.3.6. Fugro Survey India Private Limited
- 9.3.7. Sterling Seismic Services Ltd.
- 9.3.8. Nodal Seismic, LLC
- 9.3.9. Amerapex Corporation,
- 9.3.10. Geokinetics Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Seismic Services Market, report scope
TABLE 2. Global Seismic Services Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Seismic Services Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Seismic Services Market estimates & forecasts by Location of Deployment 2020-2030 (USD Billion)
TABLE 5. Global Seismic Services Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Seismic Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Seismic Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Seismic Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Seismic Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Seismic Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Seismic Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Seismic Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Seismic Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Seismic Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Seismic Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Seismic Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Seismic Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Seismic Services Market
TABLE 71. List of primary sources, used in the study of global Seismic Services Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Seismic Services Market, research methodology
FIG 2. Global Seismic Services Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Seismic Services Market, key trends 2022
FIG 5. Global Seismic Services Market, growth prospects 2023-2030
FIG 6. Global Seismic Services Market, porters 5 force model
FIG 7. Global Seismic Services Market, pest analysis
FIG 8. Global Seismic Services Market, value chain analysis
FIG 9. Global Seismic Services Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Seismic Services Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Seismic Services Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Seismic Services Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Seismic Services Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Seismic Services Market, regional snapshot 2020 & 2030
FIG 15. North America Seismic Services Market 2020 & 2030 (USD Billion)
FIG 16. Europe Seismic Services Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Seismic Services Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Seismic Services Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Seismic Services Market 2020 & 2030 (USD Billion)