Jan 18, 2019   SOURCE: BusinessWire

Microseismic Monitoring Technology - Global Market Analysis & Outlook Through 2017-2026 - ResearchAndMarkets.com

The "Microseismic Monitoring Technology - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Microseismic Monitoring Technology Market is expected to grow at a CAGR of 5.7% during the forecast period.

Some of the factors such as increase in use of the technology in environmental and geotechnical engineering and increase in the implementation of microseismic monitoring technologies in the oil & gas exploration industry are fueling the market growth. However, factors such as uncertain nature of oil prices are hampering the market growth.

Amongst Process, Data Processing segment accounted held significant market share during the forecast period. This segment is owing to significant cost efficiency and wider scope of applications of microseismic monitoring technology for data processing.

By geography, North America is anticipated to continue to lead the market in the near future due to the significant presence of prominent players such as Schlumberger Limited, ESG Solutions, Halliburton Company, and MicroSeismic, Inc. among others.

Components Covered:

  • Seismometer
  • Services
  • Software
  • Hardware

Processes Covered:

  • Data Processing
  • Data Interpretation
  • Data Acquisition

End-Users Covered:

  • Oil & Gas
  • Mining
  • Other End-Users

Companies Profiled:

  • Weir-Jones Group
  • Schlumberger Limited
  • Microseismic Inc.
  • Landtech Geophysics Ltd.
  • ION Geophysical Corporation
  • Halliburton Company
  • Guralp Systems Limited
  • Geospace Technologies Corporation
  • Fairfield Geotechnologies
  • ESG Solutions

For more information about this report visit https://www.researchandmarkets.com/research/qwzt4n/microseismic?w=4