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Middle East Seismic Survey Market By Service (Data Acquisition, Data Processing, and Data Interpretation), Technology (2D Imaging, 3D Imaging, and 4D Imaging), and By Application (Geological, Geophysical, Geotechnical, and Others): Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Feb-2020
  • Total Pages: 110
  • Report Code: FAF-578
  • Base Year: 2019
  • Format:

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Middle East seismic survey industry. The report analyzes and declares the historical and current trends analysis of the Middle East seismic survey industry and subsequently recommends the projected trends anticipated to be observed in the Middle East seismic survey market during the upcoming years.

The Middle East seismic survey market report analyzes and notifies the industry statistics at regional and country levels in order to acquire a thorough perspective of the entire Middle East seismic survey market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Middle East seismic survey industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Middle East seismic survey industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Middle East seismic survey market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Middle East seismic survey industry. The Middle East Seismic Survey market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Middle East seismic survey sector. Key strategic developments in the Middle East seismic survey market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Middle East Seismic Survey market are appropriately highlighted in the report.

Seismic surveys are performed through the deployment of a range of energy sources and a variety of sensors or receivers on the desired area of interest. Seismic surveys involve generating sound or energy waves that are transmitted into the earth and measuring those sound or energy waves that are reflected from subsurface layers. Seismic surveys use manmade explosive ripples or vibrations on earth and often high-pressure air dumps in marine seismic surveys. The seismic survey will search for subsurface oscillations, layers and possibly rocks or structures. It is also useful for the detection and investigation of sources of oil and gas, coal, groundwater, huge metallic deposits, etc. Technological advancements in seismic surveys technology help in finding oil and natural gas with minimum risk and least impact on the earth.

Seismic surveys are primarily used by oil and gas companies for the exploration of oil and gas. Seismic surveys are used to determine the oil and gas location beneath the earth and the size of reservoirs. Oil and gas companies, with a focus on improving its oil and gas production, are heavily investing in seismic surveys. The rise in the number of oil and gas exploration activities in the Middle East region has been a key factor that is fueling the Middle East seismic survey market. Moreover, the emergence of big data analytics and 4D imaging technology is expected to revolutionize the oil and gas drilling industry in years to come, as these emerging technologies will improve success rates and productive wells. Additionally, AI-powered seismic survey technologies also boost survey efficiency, which is expected to create lucrative avenues for the Middle East seismic surveys market.

The Middle East Seismic Survey market research report delivers an acute valuation and taxonomy of the Middle East Seismic Survey industry by practically splitting the market on the basis of different services, technology, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Middle East Seismic Survey industry includes country-wise data for the Middle East Seismic Survey industry is provided for the leading economies of the region.

The Middle East Seismic Survey market is segmented based on service, technology and application.  On the basis of service segmentation, the market is classified into data acquisition, data processing, and data interpretation. On the basis of technology, the Middle East seismic survey market is classified as 2D imaging, 3D imaging, and 4D imaging. By application, the Middle East seismic survey market is classified into geological, geophysical, geotechnical, and others.

Some of the essential players operating in the Middle East Seismic Survey market, but not restricted to include Polarcus Limited, Compagnie Generale de Geophysique (CGG), Fugro N.V., Petroleum GeoServices, Seabird Exploration, PLC, Tomlinson Geophysical Services, Inc., Ion Geophysical Corporation, and other notable players.

The taxonomy of the Middle East Seismic Survey industry by its scope and segmentation is as follows:

Middle East Seismic Survey Market: By Service Segmentation Analysis (Customizable)

  • Data Acquisition
  • Data Processing
  • Data Interpretation

Middle East Seismic Survey Market: By Technology Segmentation Analysis

  • 2D Imaging
  • 3D Imaging
  • 4D Imaging

Middle East Seismic Survey Market: By Application Segmentation Analysis (Customizable)

  • Geological
  • Geophysical
  • Geotechnical
  • Others

Middle East Seismic Survey Market: Regional Segmentation Analysis (Customizable)

  • Saudi Arabia
  • Iran
  • Iraq
  • UAE
  • Kuwait
  • Rest of ME

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Seismic Survey market – Service Analysis
    1. 2.1. Middle East Seismic Survey Market – Service Overview
    2. 2.2. Middle East Seismic Survey Market Share, by Service, 2018 & 2025 (USD Million)
    3. 2.3. Data Acquisition
      1. 2.3.1. Middle East Data Acquisition Seismic Survey Market, 2015-2025 (USD Million)
    4. 2.4. Data Processing
      1. 2.4.1. Middle East Data Processing Seismic Survey Market, 2015-2025 (USD Million)
    5. 2.5. Data Interpretation
      1. 2.5.1. Middle East Data Interpretation Seismic Survey Market, 2015-2025 (USD Million)
  3. CHAPTER 3. Seismic Survey market – Technology Analysis
    1. 3.1. Middle East Seismic Survey Market – Technology Overview
    2. 3.2. Middle East Seismic Survey Market Share, by Technology, 2018 & 2025 (USD Million)
    3. 3.3. 2D Imaging
      1. 3.3.1. Middle East 2D Imaging Seismic Survey Market, 2015-2025 (USD Million)
    4. 3.4. 3D Imaging
      1. 3.4.1. Middle East 3D Imaging Seismic Survey Market, 2015-2025 (USD Million)
    5. 3.5. 4D Imaging
      1. 3.5.1. Middle East 4D Imaging Seismic Survey Market, 2015-2025 (USD Million)
  4. CHAPTER 4. Seismic Survey market – Application Analysis
    1. 4.1. Middle East Seismic Survey Market – Application Overview
    2. 4.2. Middle East Seismic Survey Market Share, by Application, 2018 & 2025 (USD Million)
    3. 4.3. Geological
      1. 4.3.1. Middle East Geological Seismic Survey Market, 2015-2025 (USD Million)
    4. 4.4. Geophysical
      1. 4.4.1. Middle East Geophysical Seismic Survey Market, 2015-2025 (USD Million)
    5. 4.5. Geotechnical
      1. 4.5.1. Middle East Geotechnical Seismic Survey Market, 2015-2025 (USD Million)
    6. 4.6. Others
      1. 4.6.1. Middle East Others Seismic Survey Market, 2015-2025 (USD Million)
  5. CHAPTER 5. Seismic Survey market – Regional Analysis
    1. 5.1. Middle East Seismic Survey Market Regional Overview
    2. 5.2. Middle East Seismic Survey Market Share, by Region, 2018 & 2025 (Value)
    3. 5.3. Middle East
      1. 5.3.1. Middle East Seismic Survey Market size and forecast, 2015-2025
      2. 5.3.2. Middle East Seismic Survey Market, by Country, 2018 & 2025 (USD Million)
      3. 5.3.3. Middle East Seismic Survey Market, by Service, 2015-2025
        1. 5.3.3.1. Middle East Seismic Survey Market, by Service, 2015-2025 (USD Million)
      4. 5.3.4. Middle East Seismic Survey Market, by Technology, 2015-2025
        1. 5.3.4.1. Middle East Seismic Survey Market, by Technology, 2015-2025 (USD Million)
      5. 5.3.5. Middle East Seismic Survey Market, by Application, 2015-2025
        1. 5.3.5.1. Middle East Seismic Survey Market, by Application, 2015-2025 (USD Million)
      6. 5.3.6. Saudi Arabia
        1. 5.3.6.1. Saudi Arabia Market size and forecast, 2015-2025 (USD Million)
      7. 5.3.7. Iran
        1. 5.3.7.1. Iran Market size and forecast, 2015-2025 (USD Million)
      8. 5.3.8. Iraq
        1. 5.3.8.1. Iraq Market size and forecast, 2015-2025 (USD Million)
      9. 5.3.9. UAE
        1. 5.3.9.1. UAE Market size and forecast, 2015-2025 (USD Million)
      10. 5.3.10. Kuwait
        1. 5.3.10.1. Kuwait Market size and forecast, 2015-2025 (USD Million)
      11. 5.3.11. Rest of ME
        1. 5.3.11.1. Rest of ME Market size and forecast, 2015-2025 (USD Million)
  6. CHAPTER 6. Seismic Survey market – Competitive Landscape
    1. 6.1. Competitor Market Share – Revenue
    2. 6.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 6.3. Strategic Development
      1. 6.3.1. Acquisitions and Mergers
      2. 6.3.2. New Products
      3. 6.3.3. Research & Development Activities
  7. CHAPTER 7. Company Profiles
    1. 7.1. Polarcus Limited
      1. 7.1.1. Company Overview
      2. 7.1.2. Polarcus Limited Revenue and Gross Margin
      3. 7.1.3. Product portfolio
      4. 7.1.4. Recent initiatives
    2. 7.2. Compagnie Generale de Geophysique (CGG)
      1. 7.2.1. Company Overview
      2. 7.2.2. Compagnie Generale de Geophysique (CGG) Revenue and Gross Margin
      3. 7.2.3. Product portfolio
      4. 7.2.4. Recent initiatives
    3. 7.3. Fugro N.V.
      1. 7.3.1. Company Overview
      2. 7.3.2. Fugro N.V. Revenue and Gross Margin
      3. 7.3.3. Product portfolio
      4. 7.3.4. Recent initiatives
    4. 7.4. Petroleum GeoServices
      1. 7.4.1. Company Overview
      2. 7.4.2. Petroleum GeoServices Revenue and Gross Margin
      3. 7.4.3. Product portfolio
      4. 7.4.4. Recent initiatives
    5. 7.5. Seabird Exploration PLC
      1. 7.5.1. Company Overview
      2. 7.5.2. Seabird Exploration PLC Revenue and Gross Margin
      3. 7.5.3. Product portfolio
      4. 7.5.4. Recent initiatives
    6. 7.6. Tomlinson Geophysical Services, Inc.
      1. 7.6.1. Company Overview
      2. 7.6.2. Tomlinson Geophysical Services, Inc. Revenue and Gross Margin
      3. 7.6.3. Product portfolio
      4. 7.6.4. Recent initiatives
    7. 7.7. Ion Geophysical Corporation
      1. 7.7.1. Company Overview
      2. 7.7.2. Ion Geophysical Corporation Revenue and Gross Margin
      3. 7.7.3. Product portfolio
      4. 7.7.4. Recent initiatives
  8. CHAPTER 8. Seismic Survey — Industry Analysis
    1. 8.1. Seismic Survey Market – Key Trends
      1. 8.1.1. Market Drivers
      2. 8.1.2. Market Restraints
      3. 8.1.3. Market Opportunities
    2. 8.2. Value Chain Analysis
    3. 8.3. Technology Roadmap and Timeline
    4. 8.4. Seismic Survey Market – Attractiveness Analysis
      1. 8.4.1. By Service
      2. 8.4.2. By Technology
      3. 8.4.3. By Application
      4. 8.4.4. By Region
  9. CHAPTER 9. Marketing Strategy Analysis, Distributors
    1. 9.1. Marketing Channel
    2. 9.2. Direct Marketing
    3. 9.3. Indirect Marketing
    4. 9.4. Marketing Channel Development Trend
    5. 9.5. Economic/Political Environmental Change
  10. CHAPTER 10. Report Conclusion
  11. CHAPTER 11. Research Approach & Methodology
    1. 11.1. Report Description
    2. 11.2. Research Scope
    3. 11.3. Research Methodology
      1. 11.3.1. Secondary Research
      2. 11.3.2. Primary Research
      3. 11.3.3. Models
        1. 11.3.3.1. Company Share Analysis Model
        2. 11.3.3.2. Revenue Based Modeling
        3. 11.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Middle East Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 2 Middle East Seismic Survey Market Share, by Service, 2018 & 2025 (USD Million)
        FIG. 3 Middle East Data Acquisition Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 4 Middle East Data Processing Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 5 Middle East Data Interpretation Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 6 Middle East Seismic Survey Market Share, by Technology, 2018 & 2025 (USD Million)
        FIG. 7 Middle East 2D Imaging Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 8 Middle East 3D Imaging Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 9 Middle East 4D Imaging Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 10 Middle East Seismic Survey Market Share, by Application, 2018 & 2025 (USD Million)
        FIG. 11 Middle East Geological Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 12 Middle East Geophysical Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 13 Middle East Geotechnical Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 14 Middle East Others Seismic Survey Market, 2015-2025 (USD Million)
        FIG. 15 Middle East Seismic Survey Market Share, by Region, 2018 & 2025
        FIG. 16 Middle East Seismic Survey Market, 2015-2025
        FIG. 17 Saudi Arabia Seismic Survey Market, 2015-2025
        FIG. 18 Iran Seismic Survey Market, 2015-2025
        FIG. 19 Iraq Seismic Survey Market, 2015-2025
        FIG. 20 UAE Seismic Survey Market, 2015-2025
        FIG. 21 Kuwait Seismic Survey Market, 2015-2025
        FIG. 22 Rest of ME Seismic Survey Market, 2015-2025
        FIG. 23 Competitor Market Share – Revenue
        FIG. 24 Polarcus Limited Revenue and Growth Rate
        FIG. 25 Polarcus Limited Market Share
        FIG. 26 Compagnie Generale de Geophysique (CGG) Revenue and Growth Rate
        FIG. 27 Compagnie Generale de Geophysique (CGG) Market Share
        FIG. 28 Fugro N.V. Revenue and Growth Rate
        FIG. 29 Fugro N.V. Market Share
        FIG. 30 Petroleum GeoServices Revenue and Growth Rate
        FIG. 31 Petroleum GeoServices Market Share
        FIG. 32 Seabird Exploration PLC Revenue and Growth Rate
        FIG. 33 Seabird Exploration PLC Market Share
        FIG. 34 Tomlinson Geophysical Services, Inc. Revenue and Growth Rate
        FIG. 35 Tomlinson Geophysical Services, Inc. Market Share
        FIG. 36 Ion Geophysical Corporation Revenue and Growth Rate
        FIG. 37 Ion Geophysical Corporation Market Share
        FIG. 38 Market Dynamics
        FIG. 39 Middle East Seismic Survey – Value Chain Analysis
        FIG. 40 Technology Roadmap and Timeline
        FIG. 41 Market Attractiveness Analysis – By Service
        FIG. 42 Market Attractiveness Analysis – By Technology
        FIG. 43 Market Attractiveness Analysis – By Application
        FIG. 44 Market Attractiveness Analysis – By Region
        FIG. 45 Market Channel
        FIG. 46 Marketing Channel Development Trend

        List of Tables

        TABLE 1 Middle East Seismic Survey Market, 2018 & 2025 (USD Million)
        TABLE 2 Middle East Seismic Survey market, by Service, 2015-2025 (USD Million)
        TABLE 3 Middle East Seismic Survey market, by Technology, 2015-2025 (USD Million)
        TABLE 4 Middle East Seismic Survey market, by Application, 2015-2025 (USD Million)
        TABLE 5 Middle East Seismic Survey market, by Region, 2015-2025 (USD Million)
        TABLE 6 Middle East Seismic Survey Market, by Service, 2015-2025 (USD Million)
        TABLE 7 Middle East Seismic Survey Market, by Technology, 2015-2025 (USD Million)
        TABLE 8 Middle East Seismic Survey Market, by Application, 2015-2025 (USD Million)
        TABLE 9 Middle East Seismic Survey Market - Company Revenue Analysis 2015-2018 (USD Million)
        TABLE 10 Middle East Seismic Survey Market - Company Revenue Share Analysis 2015-2018(%)
        TABLE 11 Acquisitions and Mergers
        TABLE 12 New Product/Service Launch
        TABLE 13 Research & Development Activities
        TABLE 14 Market Drivers
        TABLE 15 Market Restraints
        TABLE 16 Market Opportunities
        

Key Insights from Primary Research

  • As per our primary respondents, rising offshore and onshore oil and gas explorations in Saudi Arabia, Iran, UAE has propelled the Middle East seismic survey market and is expected to fuel the market in the years to come. 
  • Through secondary research, we intended to verify the insights gathered from our primary interviewees. Our primary respondents predicted that the Middle East seismic survey market is expected to be valued at around USD 510 million in 2019.
  • On the basis of country, Saudi Arabia dominated the Middle East seismic surveys market in 2019, accounting for a share of 40%, and is predicted to witness a similar trend over the forecasted period.
  • Based on service, the Middle East seismic survey market was dominated by the data processing segment. The segment held a share of 45% in the Middle East seismic surveys market, due to the growing demand for data processing of huge amounts of data collected from seismic surveys.
  • By technology, the 3D imaging segment dominated the Middle East seismic surveys market in 2019. 3D imaging provides detailed imaging of subsurface layers in comparison with the 2D imaging method. This has been a key driving factor for the 3D seismic survey market.

Key Recommendations from Analysts

  • According to our analysts, rising offshore oil and gas exploration in emerging economies of the Middle East is expected to create huge market growing avenues for the Middle East seismic survey market.
  • Oil and gas companies are focusing on enhanced oil recovery to boost oil and gas production. Such a trend is also expected to open up new opportunities for the Middle East seismic surveys market.
  • The Middle East seismic surveys market is estimated to grow at a CAGR of approximately 7%, the growth in the market is attributed to rising in oil and gas exploration activities due to rising demand for oil and gas.
  • Our analysts also estimate that 4D imaging seismic surveys market is expected to grow at a CAGR of nearly 10% over the projected period. 4D imaging seismic survey market is expected to grow by a significant value in the years ahead due to rising demand for accessing the seismic data at different times over the desired area to evaluate the changes in a hydrocarbon reservoir with respect to time.
  • As per our team of energy and natural resources analysts, the emergence of big data analytics and artificial intelligence technology in the oil and gas sector is anticipated to open new avenues for companies who are planning to enter the Middle East seismic survey market.

The Middle East seismic survey market – By Service

Industry Major Market Players

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