GLOBAL MICROSEISMIC MONITORING TECHNOLOGY MARKET 2019 BY COMPANY, REGIONS, TYPE AND APPLICATION, FORECAST TO 2024

Sep 2019 116

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Synopsis

Microseismic monitoring provides detailed information about the microseismicity of an area and how a rock is responding to mining or oil & gas production activities. It leads to increased efficiency and optimized operations. It is a valuable tool in understanding what a hydraulic fracture is doing in real time. Microseismic technology is significantly used in reservoir monitoring and domestic mining production monitoring abroad. It is an essential technology to enhance oil & gas production in exploration and development. Shale gas development depends primarily on large-scale fracturing through the establishment of long and wide artificial fractures that connect a large number of very complex fracture networks, thereby increasing the pressure relief area. Microseismic monitoring technology plays a significant role in understanding artificial fracture geometry, improving measures of increasing production, and monitoring the effect of adding more wells.

Scope of the Report:

The global Microseismic Monitoring Technology market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Microseismic Monitoring Technology.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Microseismic Monitoring Technology market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Microseismic Monitoring Technology market by product type and applications/end industries.

Market Segment by Companies, this report covers
- Schlumberger Limited
- ESG Solutions
- Halliburton Company
- MicroSeismic, Inc.
- Geospace Technologies Corporation
- ION Geophysical Corporation
- Landtech Geophysics Ltd.
- Weir-Jones Group
- Guralp Systems Limited
- Fairfield Geotechnologies

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- Hardware
- Software
- Services

Market Segment by Applications, can be divided into
- Mining
- Oil & Gas
- Others

Table of Contents

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GLOBAL MICROSEISMIC MONITORING TECHNOLOGY MARKET 2019 BY COMPANY, REGIONS, TYPE AND APPLICATION, FORECAST TO 2024

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