Geologic Prospecting & Seismic Instrument Manufacturing in China - Industry Market Research Report

Geologic Prospecting & Seismic Instrument Manufacturing in China - Industry Market Research Report

Geologic Prospecting & Seismic Instrument Manufacturing in China

Revenue from the Geological Prospecting and Seismic Instrument Manufacturing industry in China is expected to grow at an annualized rate of 3.8% over the five years through 2022. In 2022, revenue is expected to grow by 3.8% to $3.9 billion, mainly driven by increased exports and rising demand from downstream markets. Exports are estimated to account for 15.1% of industry revenue in 2022.

The Geological Prospecting and Seismic Instrument Manufacturing industry in China manufactures professional instruments and apparatus for geological prospecting and drilling. Products in this industry include electrical instruments, magnetic prospecting instruments, geophysical prospecting instruments, geochemical exploration instruments, drilling logging instruments, mud analyzers, seismoscopes, photogrammetric instruments and mine safety instruments.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.