Geophysical Services in Canada - Industry Market Research Report

Geophysical Services in Canada - Industry Market Research Report

  • January 2018 •
  • 34 pages •
  • Report ID: 4640052
Healthy earth: Operators will benefit from greater government demand for industry services

Abstract

Geophysical Services in Canada
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.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Country=Canada Industry=OilAndGas ParentIndustry=HeavyIndustry Date=201801 Topic=Demand Publisher=Ibisworld Price=1000