NEW YORK, Sept. 25, 2023 /PRNewswire/ -- The Seismic Services Market size is projected to increase by USD 1.35 billion, accelerating at a CAGR of 2.93% during the forecast period, according to Technavio. Rising multi-client survey approach in seismic services is notably driving the seismic services market. However, factors such as overcapacity with regard to seismic survey vessel fleets may impede the market growth. Technavio's report provides a detailed analysis of major companies operating in the seismic services market including Agile Seismic LLC, Amerapex Corp., Asian Energy Services Ltd, Briscoe Group Ltd, CGG SA, China National Offshore Oil Corp., China National Petroleum Corp., Echo Seismic Ltd., Fugro NV, Halliburton Co., PGS ASA, Polarcus Ltd., Pulse Seismic Inc., RASMUSSENGRUPPEN AS, SAExploration Holdings Inc., Schlumberger Ltd., SeaBird Exploration Plc, Sinopec Shanghai Petrochemical Co. Ltd., TGS NOPEC Geophysical Co ASA, and Alphageo India Ltd. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request free sample report now
Seismic Services Market 2023-2027: Company Analysis
Agile Seismic LLC. - The company offers seismic services such as advanced 3D seismic processing and imaging for high-density and wide azimuth land surveys, narrow azimuth marine surveys, and ocean bottom cables.
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Seismic Services Market 2023-2027: Segmentation
The onshore segment is expected to experience substantial growth during the forecast period. Seismic surveys primarily find application in onshore settings, where three distinct survey types are employed: 2D, 3D, and 4D. Surface-level measurements are obtained through 2D seismic surveys, while 3D surveys are utilized for subsurface exploration.
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Seismic Services Market 2023-2027: Dynamics
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Seismic Services Market 2023-2027: Key Highlights
Offshore Oil and Gas Seismic Equipment and Acquisitions Market: The offshore oil and gas seismic equipment and acquisitions market share is expected to increase by USD 1.62 billion by 2026 at a CAGR of 7.13%.
Global Land Seismic Equipment and Acquisition Market: Our acquisition market land seismic equipment & acquisition market forecast has estimated that this market will register a revenue of almost USD 2.5 billion by 2021.
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