Market Overview:
The global seismic research ship market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for seismic research ships for conducting geological surveys and earthquake research across the globe. In addition, the growing exploration and production activities for oil & gas and mineral resources are also propelling the demand for seismic research ships in various regions across the world. Based on type, the global seismic research ship market is segmented into light, medium, heavy and other segments. The light segment is expected to account for a major share of the global market in 2018 owing to its low cost and easy maneuverability. However, with technological advancements in this segment, it is anticipated that there will be an increase in demand for advanced light seismic research ships over medium-sized vessels during the forecast period from 2018 to 2030. In terms of application, earthquake research dominatesthe global seismicshipmarket followed by geological exploration applications globally as well as regionally across different geographies studied herein North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC)and Middle East & Africa(MEA).
Product Definition:
A seismic research ship is a vessel designed for conducting seabed surveys to identify and measure the properties of potential oil and gas reserves.
Light:
The light is a source of energy that can be used in various applications. It can be classified as solar, electric and gas-discharge lights. The growth factor for the market is increasing demand from oil & gas industry due to deep sea drilling activities coupled with growing offshore exploration activities globally. In addition, factors such as rising safety concerns on account of increasing number of accidents caused by candles and lamps are expected to drive the market over the forecast period.
Medium:
The global market for medium is expected to witness significant growth over the forecast period. The growth can be attributed to increasing demand from various end-use industries including oil & gas, mining, and marine. Medium is used in seismic research ships for vibrations measurement during drilling operations or while transporting equipment between platforms. It also provides an excellent opportunity to perform non-destructive testing of structures and components installed on a ship without affecting its operation or efficiency.
Application Insights:
The global demand for seismic research ships has witnessed a paradigm shift due to the growing need for oil and gas exploration. The increasing number of offshore oil and gas wells in deep water, coupled with the rising awareness about the risks involved in drilling operations, has led to an increased focus on marine geology. This trend is expected to continue over the forecast period as more than 40% of world¢â‚¬â„¢s proven onshore reserves are located below depths greater than 2 km.
Geological exploration accounted for over 35% of overall revenue share in 2017 owing to high demand from mining companies desiring information pertaining to mineral deposits beneath the seabed or ocean floor. Geological research vessels provide services related to mapping, sampling & coring along with data processing & analysis facilities required by researchers undertaking such projects.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to growing demand for oil and gas, coupled with increasing exploration activities in the region. The availability of deep sea trenches along with a large number of active faults results in frequent earthquakes has resulted in increased deployment of research vessels.
The European region accounted for over 20% revenue share and is expected to grow at a significant rate over the forecast period due to increasing funding from public as well as private entities. For instance, CSA seismology program based out of Canada is funded by Natural Sciences and Engineering Research Council (NSERC) which provides opportunities for Canadian companies engaged within this industry to collaborate internationally thereby benefitting business growth domestically.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in exploration and production activities by oil and gas companies
- Proliferation of seismic data acquisition technologies that offer high-quality data at low cost
- Growing demand for 3D seismic surveys to identify hydrocarbon reserves in complex geological formations
- Emergence of new players in the market, especially from the emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Seismic Research Ship Market Research Report
By Type
Light, Medium, Heavy, Other
By Application
Earthquake Research, Geological Exploration, Other
By Companies
Cemre Shipyard, Fassmer, HeliPLAT, Hijos de J.Barreras, Kleven Maritime AS, Kongsberg Maritime, LaNaval, Rolls-Royce, Skipsteknisk, ULSTEIN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Seismic Research Ship Market Report Segments:
The global Seismic Research Ship market is segmented on the basis of:
Types
Light, Medium, Heavy, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Earthquake Research, Geological Exploration, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cemre Shipyard
- Fassmer
- HeliPLAT
- Hijos de J.Barreras
- Kleven Maritime AS
- Kongsberg Maritime
- LaNaval
- Rolls-Royce
- Skipsteknisk
- ULSTEIN
Highlights of The Seismic Research Ship Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light
- Medium
- Heavy
- Other
- By Application:
- Earthquake Research
- Geological Exploration
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Seismic Research Ship Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A seismic research ship is a vessel that conducts seismic surveys in order to map the seafloor and study the Earth's interior.
Some of the major players in the seismic research ship market are Cemre Shipyard, Fassmer, HeliPLAT, Hijos de J.Barreras, Kleven Maritime AS, Kongsberg Maritime, LaNaval, Rolls-Royce, Skipsteknisk, ULSTEIN.
The seismic research ship market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Seismic Research Ship Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Seismic Research Ship Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seismic Research Ship Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Seismic Research Ship Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Seismic Research Ship Market Size & Forecast, 2020-2028
4.5.1 Seismic Research Ship Market Size and Y-o-Y Growth
4.5.2 Seismic Research Ship Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Light
5.2.2 Medium
5.2.3 Heavy
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Earthquake Research
6.2.2 Geological Exploration
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seismic Research Ship Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Seismic Research Ship Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Light
9.6.2 Medium
9.6.3 Heavy
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Earthquake Research
9.10.2 Geological Exploration
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Light
10.6.2 Medium
10.6.3 Heavy
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Earthquake Research
10.10.2 Geological Exploration
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Light
11.6.2 Medium
11.6.3 Heavy
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Earthquake Research
11.10.2 Geological Exploration
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Light
12.6.2 Medium
12.6.3 Heavy
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Earthquake Research
12.10.2 Geological Exploration
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Light
13.6.2 Medium
13.6.3 Heavy
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Earthquake Research
13.10.2 Geological Exploration
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Seismic Research Ship Market: Competitive Dashboard
14.2 Global Seismic Research Ship Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cemre Shipyard
14.3.2 Fassmer
14.3.3 HeliPLAT
14.3.4 Hijos de J.Barreras
14.3.5 Kleven Maritime AS
14.3.6 Kongsberg Maritime
14.3.7 LaNaval
14.3.8 Rolls-Royce
14.3.9 Skipsteknisk
14.3.10 ULSTEIN
