Global Geophysical Equipment and Services MarketOutlook to 2028
A radical increase in crude supply from early March 2020, massive demand destruction due to the COVID-19 pandemic, and the subsequent drop in oil price drastically impacted the global oil & gas industry. Oil & gas companies have reacted sharply and reduced exploration and production spending (E&P). As most of the exploration market is set from discretionary spending, the demand for geophysical equipment and services has fallen to unprecedented levels due to the spending cutbacks.
Blackridge Research's Global Geophysical Equipment & Services Market report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the growth of geophysical equipment and services market.
The report also addresses present and future market opportunities, market trends, developments, and regions poised for the fastest growth, competitive landscape, and impact of Covid-19 on the geophysical equipment and services market. Further, geophysical equipment and services market size, demand forecast, and growth rates will also be provided in the report. This product will be delivered within 5-7 business days.