Geophysical Services Market to Experience Impressive Growth by 2028
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Ongoing, First published Feb 08, 2023
The global geophysical services market is expected to grow at an impressive rate by 2028, according to a report by TechSci Research. The report, titled "Global Geophysical Services Market By Technology, By Type, By Services, By End User, By Region, Competition, Forecast & Opportunities, 2028," states that the growing investment in mineral and mining industries, increasing demand for aerial-based geophysical surveys, and rising instability in crude oil prices are contributing to the increasing adoption of geophysical services. Additionally, the depleted hydrocarbon reserves are driving oil and gas exploration activities, while the improvement in crude oil prices is expected to bring new projects, further boosting the demand for geophysical surveys and the overall global geophysical services market.
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