Geophysical Services Market Shows Impressive Rise In the Industry Growth Rate | Major Players Are Schlumberger, Polarcus Ltd

Posted February 11, 2022 by Jay_TBRC

The Geophysical Services Market research report by The Business Research Company, provides detailed picture on the industry & also presents various facts of the key experts.

The Geophysical Services Global Market Report 2021-31 by The Business Research Company describes and explains the global geophysical services market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Geophysical Services Global Market Report 2022 covers geophysical services market drivers, geophysical services market trends, geophysical services market segments, geophysical services market growth rate, geophysical services market major players, and geophysical services market size.

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The geophysical services market report provides in-depth analysis of the impact of COVID-19 on the global geophysical services industry along with revised market numbers due to the effects of the coronavirus and the expected geophysical services market growth numbers for 2022-2031.

The global geophysical services market is expected to grow from $12.80 billion in 2021 to $13.39 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The geophysical services market is expected to reach $15.14 billion in 2026 at a CAGR of 3.1%.

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Geophysical Services Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the geophysical services market segments-
1) By Survey Type: Land, Marine, Aerial
2) By Technology:  Seismic, Magnetic, Gravity, Electromagnetic, Lidar, Ground Penetrating, Others
3) By Application: Road, Rail, Port, Airport, Pipeline, Others
4) By End User: Agriculture, Environment, Minerals And Mining, Oil And Gas, Water Exploration, Others

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Tags geophysical services market , geophysical services market industry , geophysical services market size , global geophysical services market
Last Updated February 11, 2022