The Business Research Company’s Seismic Survey Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Seismic Survey Global Market Report 2023 evaluates seismic survey market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global seismic survey market is expected to grow from $8.78 billion in 2022 to $9.35 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The seismic survey market is expected to reach $11.56 billion in 2027 at a CAGR of 5.4%.

The growing need for oil and gas is expected to propel the growth of the seismic survey market going forward. Oil and gas refer to natural resources extracted from the earth and used as energy and fuel sources. Seismic surveys play a significant role in oil and gas exploration. It is a technique used to image the earth's subsurface by recording the vibrations caused by seismic waves, monitoring oil and gas fields, and optimizing production. For instance, in July 2023, according to the U.S. Energy Information Administration, a US-based federal statistical system for gathering, processing, and disseminating energy data, there will be an increase in U.S. crude oil production to 12.6 million barrels per day (b/d) in 2023 from the record high of 11.89 million barrels per day in 2022. It is estimated to reach 12.85 million b/d in the year 2024. Furthermore, in September 2022, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization, the U.S. consumed an average of 86.6 billion cubic feet of natural gas per day (Bcf/d) in 2022, the highest annual consumption of natural gas in the U.S. as compared to the previous year. Therefore, the growing need for oil and gas is driving the growth of the seismic survey market.

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The seismic survey market segments in the report are:
1) By Type: Reflection, Refraction, Surface-Wave
2) By Service Type: Data Interpretation, Data Processing, Data Acquisition
3) By Deployment: Offshore, Onshore
4) By Technology: 2D Imaging, 3D Imaging, 4D Imaging
5) By Application: Oil And Gas, Geological Exploration, Mining, Other Applications

The table of contents in TBRC’s seismic survey market report includes:
1. Executive Summary
2. Seismic Survey Market Characteristics
3. Seismic Survey Market Trends And Strategies
4. Seismic Survey Market - Macro Economic Scenario
5. Global Seismic Survey Market Drivers and Restraints
……
32. Global Seismic Survey Market Competitive Benchmarking
33. Global Seismic Survey Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Seismic Survey Market
35. Seismic Survey Market Future Outlook and Potential Analysis
36. Appendix

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