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Geophysical Services in Canada - Industry Market Research Report

Publisher IBISWorld
Published Jun 29, 2024
Length 71 Pages
SKU # IBSS19022763

Description

Geophysical Services in Canada - Industry Market Research Report


Geophysical Services in Canada

Geophysical service providers in Canada gather, interpret and map geophysical data. Companies often specialize in locating and measuring subsurface resources, such as oil, natural gas and minerals, but they may also conduct surveys for engineering purposes. As a result, the industry's performance is dependent on demand for resource exploration from downstream oil, natural gas and mining industries, which are in turn largely dependent on movements in commodity prices. Industry revenue is projected to decline at a CAGR of 2.8% to $895.1 million over the five years to 2023, including an estimated 2.9% drop in 2023 alone.

Operators in the Canadian Geophysical Services industry gather, interpret and map geophysical data. They often specialize in locating and measuring the extent of subsurface resources, such as oil, gas and minerals, but may also conduct surveys for engineering purposes. Operators use a variety of surveying techniques depending on the purpose of the survey, including magnetic surveys, gravity surveys, seismic surveys or electrical and electromagnetic surveys.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

71 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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