milindMay 3, 2021
Findings from Facts and Factors report
“Seismic Survey Market By Service (Data Acquisition, Data Processing, and Data Interpretation), By Technology (2D Imaging, 3D Imaging, and 4D Imaging), and By Application (Geological, Geophysical, Geotechnical, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”
Global Seismic Survey market in 2019 was approximately USD 1.5 billion. The market is expected to grow at a CAGR of 4% and is anticipated to reach around USD 2 billion by 2026.
Increasing demand for oil and gas is likely to encourage the market players to explore new fields. Oil and gas explorers use seismic surveys to yield comprehensive pictures of the numerous rock categories and their position under the Earth’s surface and they use this information to determine the location and size of oil and gas reservoirs.