Industry Analysis & Industry Trends
The Geophysical Services industry gathers, interprets and maps geophysical data. Industry performance is dependent on demand for resource exploration from downstream oil, natural gas and mining industries, which is, in turn, largely dependent on movements in commodity prices. Therefore, volatile commodity prices have been responsible for the industry's unstable growth, although revenue increases are expected to be sustained over the next five years... purchase to read more
Industry Report - Industry Products Chapter
Geophysical data sales
Geophysical data sales represent the largest, fastest-growing segment of industry services, accounting for an estimated 35.0% of industry revenue in 2014. Industry operators maintain land- and water-based data processing centres to assess the survey information and identify potential deposits. This information is either exclusively supplied to a client or sold by the survey firm to third-party exploration operators.
Geophysical data collection
Geophysical data collection comprises the second-largest segment of industry services, accounting for an estimated 30.0% of industry revenue in 2014... purchase to read more