Seismic Survey Equipment: Worldwide Market Forecasts to 2026 by Location, Component, Technology, End-user and Geography - ResearchAndMarkets.com

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Summary

The use of seismic technology in shale gas exploration and huge demand for oil especially in emerging economies are some key factors influencing the market growth.However, factors such as regulation & monitoring of seismic surveys are hampering the market growth.Based on Technology, 3D segment held significant market share during the forecast period.Depending on location, offshore segment registered considerable growth due to exponential rise in the oil and gas industry as seismic services.By geography, North America is expected to grow at a faster rate due to increasing oil exploration and production activity across the region.

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