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Geophysical Services Market Growth Prospects, Key Vendors, Future Scenario Forecast 2027

The global geophysical services market for mineral & mining industry was valued at US$ 2,121.6 Mn in 2017 and is anticipated to expand at a CAGR of 4.4% from 2018 to 2026

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Geophysical Services Market Growth Prospects, Key Vendors, Future Scenario Forecast 2027

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  1. Covid-19 Impact on Geophysical Services Market: Global Industry Trends, Statistics, Segments, Graphs Growth Factors Forecast to 2027 The ​global geophysical services market​ for mineral & mining industry was valued at US$ 2,121.6 Mn in 2017 and is anticipated to expand at a CAGR of 4.4% from 2018 to 2026 according to a new report titled “Geophysical Services Market for Mineral & Mining Industry – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026” by Transparency Market Research (TMR) Mining is the extraction of valuable minerals or other geological materials from the earth. It is usually done from an ore body, lode, vein, seam, and reef or placer deposit. The deposits then form a mineralized package that is of economic interest to the miner. Rise in mining activities is encouraging operators to explore the geological areas for the presence of minerals. This is driving the geophysical services market for mineral & mining industry.​​? Request for Report Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30566 Geophysical Services Essential for Extraction of Metals and Precious Metals Geophysical services have been bifurcated into aerial-based and land-based geophysical surveys. Land-based geophysical services play a vital role in the exploration of various minerals, hydrocarbon sources, oil and gas reserves, etc. These surveys also help understand geophysical conditions of the ground surface and sub-surface. Aerial-based survey captures images by using fixed-wing aircraft and helicopters. Newly developed state-of-the-art

  2. geophysical services for mineral & mining industry treatments offer better reliability with efficient results for the mining industry. Increase in investments in mining and exploration is a key factor boosting the demand for geophysical services across the globe. Growth in demand for precious metals such as gold, platinum, titanium, and silver is expected to augment the demand for geophysical services in the near future. Explore Transparency Market Research’S Award-Winning Coverage of the Global Industry @ https://www.prnewswire.com/news-releases/global-chloromethane-market-to-garner-cagr -of-4-to-reach-us-3-billion-valuation-during-2019—2027-transparency-market-research-30 1003570.html Rich Global Deposits of Mineral Reserves Propel Demand for Geophysical Services The mining industry accounts for significant share of gross domestic product and exports in Russia. Excavation of precious metals such as copper, iron ore, lithium, potash, gold, and niobium has been rising. This is creating opportunities for the geophysical services market for mineral & mining industry in Europe. Countries such as Mexico, Brazil, Ecuador, and Chile in Latin America have become hotbed for mining in recent years. In 2017, 305 companies invested US$ 2.38 Bn in exploration of precious metals and minerals across Latin America. This has boosted the geophysical services market for mineral & mining industry. Regulatory Framework & Environmental Regulations The U.S. Environmental Protection Agency (EPA) proposed a framework such as National Emissions Standards for Hazardous Air Pollutants (NESHAP) for gold ore processing and production facilities in order to curb environmental pollution caused by the harmful effects of excavation. It aims to curtail the mercury emissions caused by gold mining. Request for Covid-19 Impact Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id= 30566 North America to Lead Geophysical Services Market for Mineral & Mining Industry Currently, North America is a leading region in terms of utilization of geophysical services for mineral and mining. The region constitutes large share of the global geophysical services for mineral and mining market. The market in the region is expected to expand at a moderate pace during the forecast period. The U.S. is one of the leading producers of coal extraction. Coal excavation accounts for 17% of global production of coal deposits. About 1 billion tons of coal is produced annually in the U.S. This is augmenting the demand for geophysical services for exploration purposes.

  3. Highly Competitive Market with Domination of Leading Players The global geophysical services market for mineral & mining industry is highly competitive. Leading players dominate the market. Key players operating in the market include EON Geosciences, Dawson Geophysical Inc., Geotech Surveys, TGS, Phoenix Geophysics, SEA GEO SURVEYS PVT LTD, and Geophysical Survey Systems, Inc. About Us: Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Transparency Market Research, 90 State Street, Suite 700, Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email​: ​sales@transparencymarketresearch.com Website​:​​https://www.transparencymarketresearch.com

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