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12:04, 6 February 2019 | Details
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...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. Request a Sample of this Report@ https://www.orbisresearch.com/contacts/request-sample/2547615 Microseismic monitoring gives complete information about the microseismicity of an area and how a rock is responding to mining or oil & gas production activities. In addition, it leads to improved efficiency and optimized operations. It is a valuable tool in understanding what a hydraulic fracture is doing in real time. It is significantly used in reservoir monitoring and domestic mining production monitoring abroad and it is a vital technology to increase oil & gas production in exploration and development. Moreover, it plays a major role in understanding artificial fracture geometry and examines the effect of adding more wells. 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. To make an enquiry on report@ https://www.orbisresearch.com/contacts/enquiry-before-buying/2547615 Some of the key players in the market include:- Weir-Jones Group, Schlumberger Limited, Microseismic, Inc., Landtech Geophysics Ltd, ION Geophysical Corporation, Halliburton Company, Guralp Systems Limited, Geospace Technologies Corporation, Fairfield Geotechnologies and ESG Solutions. Components Covered: • Seismometer • Services • Software • Hardware Processes Covered: • Data Processing • Data Interpretation • Data Acquisition End Users Covered: • Oil & Gas • Mining • Other End Users Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o UK o Italy o France o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa Major Point from Table of Content: 1 Executive Summary 2 Preface 3 Market Trend Analysis 4 Porters Five Force Analysis 5 By Component 6 By Process 7 By End User 8 By Geography 9 Key Developments 10 Company Profiling 10.1 Weir-Jones Group 10.2 Schlumberger Limited 10.3 Microseismic, Inc. 10.4 Landtech Geophysics Ltd 10.5 ION Geophysical Corporation 10.6 Halliburton Company 10.7 Guralp Systems Limited 10.8 Geospace Technologies Corporation 10.9 Fairfield Geotechnologies 10.10 ESG Solutions Browse full report@ https://www.orbisresearch.com/reports/index/microseismic-monitoring-technology-global-market-outlook-2017-2026More
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