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Geophysical Services in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Geophysical Services in Canada Market Research Report | NAICS 54136CA | Dec 2015

Healthy earth: Operators will benefit from greater government demand for industry services

IBISWorld’s Geophysical Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
0.5%
Annual Growth 15-20
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Profit
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Employment
6,583
Businesses
1,370
Industry Analysis & Industry Trends

The Geophysical Services industry gathers, interprets and maps geophysical data. Since demand for geophysical services is dependent on the global oil, gas and mining sectors, volatile commodity prices have been responsible for the industry's unstable growth. In the coming years, industry operators are expected to benefit from greater government demand for geophysical services, as the federal government attempts to stimulate new resource exploration... purchase to read more

Industry Report - Industry Products Chapter

Geophysical data collection

Geophysical data collection comprises the largest segment of industry services, accounting for an estimated 51.0% of industry revenue in 2015. Although data sales represent the largest segment of industry revenue, industry operators are primarily engaged in surveying and mapping subsurface terrain and formations. Using surveying techniques, such as 2D, 3D and 4D seismic surveys; magnetic surveys; gravity surveys; and electrical and electromagnetic surveys, industry operators identify the locations of oil, natural gas and mineral deposits... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Geophysical Services Industry?

Operators in this 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.

Industry Products
Geophysical data salesGeophysical data collectionIntegrated geophysical servicesOther specialized services
 
Industry Activities
Geophysical surveying and mapping of subsurface terrain or formationsIdentifying subsurface fault lines and mineral depositsPerforming magnetic surveysPerforming gravity surveysPerforming seismic surveysPerforming electrical and electromagnetic surveysGeophysical surveying for metal mining (contract basis)Geophysical surveying for oil and gas fields (contract basis)Geophysical surveying for nonmetallic minerals (contract basis)


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