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Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024 | Rise in Deepwater and Ultra-deepwater E&P Projects to Boost Growth | Technavio

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Technavio has been monitoring the offshore oil and gas seismic equipment and acquisitions market and it is poised to grow by USD 1.39 bn during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

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Technavio has announced its latest market research report titled Global Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024 (Graphic: Business Wire)

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Polarcus Ltd., SAExploration Holdings Inc., SeaBird Exploration Plc, Shearwater GeoServices Holdings AS and TGS-NOPEC Geophysical Co. ASA are some of the major market participants. Although the rise in deepwater and ultra-deepwater E&P projects will offer immense growth opportunities, overcapacity constraints with seismic vessel fleets will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rise in deepwater and ultra-deepwater E&P projects has been instrumental in driving the growth of the market. However, overcapacity constraints with seismic vessel fleets might hamper market growth.

Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024: Segmentation

Offshore Oil and Gas Seismic Equipment and Acquisitions Market is segmented as below:

Technology

  • 3d Seismic Survey
  • 2d Seismic Survey
  • 4d Seismic Survey

Geographic Segmentation

  • North America
  • APAC
  • Europe
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41138

Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our offshore oil and gas seismic equipment and acquisitions market report covers the following areas:

  • Offshore Oil and Gas Seismic Equipment and Acquisitions Market Size
  • Offshore Oil and Gas Seismic Equipment and Acquisitions Market Trends
  • Offshore Oil and Gas Seismic Equipment and Acquisitions Market Industry Analysis

This study identifies increasing adoption of 4D seismic survey technology as one of the prime reasons driving the offshore oil and gas seismic equipment and acquisitions market growth during the next few years.

Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the offshore oil and gas seismic equipment and acquisitions market, including some of the vendors such as Polarcus Ltd., SAExploration Holdings Inc., SeaBird Exploration Plc, Shearwater GeoServices Holdings AS and TGS-NOPEC Geophysical Co. ASA Backed with competitive intelligence and benchmarking, our research reports on the offshore oil and gas seismic equipment and acquisitions market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist offshore oil and gas seismic equipment and acquisitions market growth during the next five years
  • Estimation of the offshore oil and gas seismic equipment and acquisitions market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the offshore oil and gas seismic equipment and acquisitions market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of offshore oil and gas seismic equipment and acquisitions market vendors

Table of Content

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • 3D seismic survey – Market size and forecast 2019-2024
  • 2D seismic survey – Market size and forecast 2019-2024
  • 4D seismic survey – Market size and forecast 2019-2024
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing adoption of 4D seismic survey technology
  • Emergence of seismic-while-drilling technology
  • Increasing demand for digital oilfields

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Arabian Geophysical and Surveying Co.
  • Fugro NV
  • ION Geophysical Corp.
  • Mitcham Industries Inc.
  • PGS ASA
  • Polarcus Ltd.
  • SAExploration Holdings Inc.
  • SeaBird Exploration Plc
  • Shearwater GeoServices Holdings AS
  • TGS-NOPEC Geophysical Co. ASA

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.