Global Geophysical Services Market 2020-2024

Global Geophysical Services Market 2020-2024

Technavio has been monitoring the geophysical services market and it is poised to grow by $ 2.52 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on geophysical services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising multi-client survey approach and increasing adoption of airborne seismic survey. In addition, rising multi-client survey approach is anticipated to boost the growth of the market as well.

The geophysical services market analysis includes type segment and geographical landscapes.

Technavio's geophysical services market is segmented as below:

By Type

  • Land
  • Marine
  • Aerial
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • MEA
  • South America
This study identifies the increase in oil and gas E&P activities as one of the prime reasons driving the geophysical services market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our geophysical services market covers the following areas:
  • Geophysical services market sizing
  • Geophysical services market forecast
  • Geophysical services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading geophysical services market vendors that include CGG SA, EON Geosciences Inc., Geophysical Survey Systems Inc., GeoTech, Halliburton Co., ION Geophysical Corp., PGS ASA, Phoenix Geophysics, Schlumberger Ltd., and TGS-NOPEC Geophysical Co. ASA. Also, the geophysical services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Diversified metals and mining
      • Inputs
      • Mine exploration
      • Mine development and extraction
      • Outbound logistics
      • Marketing and sales
      • End-user industries
      • Support activities
      • Innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019 - 2024 ($ billion)
        • Table Global geophysical services market 2020-2024 ($ billion), exclusive of COVID- 19 impact
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five force summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Land - Market size and forecast 2019-2024
      • Table Land - Market size and forecast 2019-2024 ($ billion)
      • Table Land - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Land - Year-over-year growth 2019-2024 (%)
    • Marine - Market size and forecast 2019-2024
      • Table Marine - Market size and forecast 2019-2024 ($ billion)
      • Table Marine - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Marine - Year-over-year growth 2019-2024 (%)
    • Aerial - Market size and forecast 2019-2024
      • Table Aerial - Market size and forecast 2019-2024 ($ billion)
      • Table Marine - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Aerial - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Geophysical services market in North America 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Geophysical services market in Europe 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Geophysical services market in APAC 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Geophysical services market in MEA 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Geophysical services market in South America 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising multi-client survey approach
      • Increase in oil and gas E&P activities
      • Increasing adoption of airborne seismic survey
    • Market challenges
      • Slowdown in investments in oil and gas industry
      • Stringent environmental regulations pertaining to mining sector
      • Operational challenges
        • Table Impact of drivers and challenges
    • Market trends
      • 4D surveys increasingly use multi-sensors
      • Increasing focus on unconventional oil and gas E&P activities
      • Rising adoption of virtual reality and augmented reality
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • CGG SA
      • Table CGG SA - Overview
      • Table CGG SA - Business segments
      • Table CGG SA - Key news
      • Table CGG SA - Key offerings
      • Table CGG SA - Segment focus
    • EON Geosciences Inc.
      • Table EON Geosciences Inc. - Overview
      • Table EON Geosciences Inc. - Product and service
      • Table EON Geosciences Inc. - Key offerings
    • Geophysical Survey Systems Inc.
      • Table Geophysical Survey Systems Inc. - Overview
      • Table Geophysical Survey Systems Inc. - Product and service
      • Table Geophysical Survey Systems Inc. - Key news
      • Table Geophysical Survey Systems Inc. - Key offerings
    • GeoTech
      • Table GeoTech - Overview
      • Table GeoTech - Product and service
      • Table GeoTech - Key offerings
    • Halliburton Co.
      • Table Halliburton Co. - Overview
      • Table Halliburton Co. - Business segments
      • Table Halliburton Co. - Key news
      • Table Halliburton Co. - Key offerings
    • ION Geophysical Corp.
      • Table ION Geophysical Corp. - Overview
      • Table ION Geophysical Corp. - Business segments
      • Table ION Geophysical Corp. - Key news
      • Table ION Geophysical Corp. - Key offerings
      • Table ION Geophysical Corp. - Segment focus
    • PGS ASA
      • Table PGS ASA - Overview
      • Table PGS ASA - Business segments
      • Table PGS ASA - Key news
      • Table PGS ASA - Key offerings
    • Phoenix Geophysics
      • Table Phoenix Geophysics - Overview
      • Table Phoenix Geophysics - Product and service
      • Table Phoenix Geophysics - Key offerings
    • Schlumberger Ltd.
      • Table Schlumberger Ltd. - Overview
      • Table Schlumberger Ltd. - Business segments
      • Table Schlumberger Ltd. - Key news
      • Table Schlumberger Ltd. - Key offerings
      • Table Schlumberger Ltd. - Segment focus
    • TGS-NOPEC Geophysical Co. ASA
      • Table TGS-NOPEC Geophysical Co. ASA - Overview
      • Table TGS-NOPEC Geophysical Co. ASA - Business segments
      • Table TGS-NOPEC Geophysical Co. ASA. - Key news
      • Table TGS-NOPEC Geophysical Co. ASA - Key offerings
      • Table TGS-NOPEC Geophysical Co. ASA - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook