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Microseismic Monitoring Technology Market

Microseismic Monitoring Technology Market (Process - Data Acquisition, Data Processing, Data Interpretation; Component - Hardware, Software, Services; End use - Mining, Oil and Gas) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Microseismic Monitoring Technology Market - Snapshot

Microseismic monitoring provides detailed information about the microseismicity of an area and how a rock is responding to mining or oil & gas production activities. It leads to increased efficiency and optimized operations. It is a valuable tool in understanding what a hydraulic fracture is doing in real time. Microseismic technology is significantly used in reservoir monitoring and domestic mining production monitoring abroad. It is an essential technology to enhance oil & gas production in exploration and development. Shale gas development depends primarily on large-scale fracturing through the establishment of long and wide artificial fractures that connect a large number of very complex fracture networks, thereby increasing the pressure relief area. Microseismic monitoring technology plays a significant role in understanding artificial fracture geometry, improving measures of increasing production, and monitoring the effect of adding more wells.

microseismic monitoring technology market

The global microseismic monitoring technology market is driven by an increase in use of the technology in environmental and geotechnical engineering as it helps in the evaluation of the real-time location of underground rock fractures. Furthermore, microseismic monitoring technology can be applied to the precursor-monitoring of a volcano or earthquake disaster as well as in rock burst monitoring in the process of exploitation of mineral resources. Furthermore, rise in the adoption of microseismic monitoring technologies in the oil & gas exploration industry is anticipated to drive the global microseismic monitoring technology market over the forecast period. Furthermore, significant use of this technology in hydraulic fracture mapping and reservoir monitoring is likely to have propel the global microseismic monitoring technology market. However, the uncertain nature of oil prices is estimated to hamper the global microseismic monitoring technology market.  Additionally, a number of companies are entering into collaborations with other companies in order to enhance the development of their business. For instance, in April 2017, Schlumberger Limited signed an agreement with Pemex for a multi-client seismic survey in the southern Gulf of Mexico. The agreement additionally incorporates coordinated effort with WesternGeco in the seismic handling period of the task and for future innovation joint efforts.

The global microseismic monitoring technology market has been segmented based on process, component, end-use, and region. Based on process, the market can be classified into data processing, data acquisition, and data interpretation. The data processing segment is expected to hold a significant market share during the forecast period, owing to significant cost efficiency and wider scope of applications of microseismic monitoring technology for data processing. In terms of component, the global microseismic monitoring technology market has been segmented into hardware, software, and services. Multiple usage capability owing to ease of integration with new hardware is projected to boost the software segment during the forecast period. Based on end-use, the global microseismic monitoring technology market has been segmented into mining and oil & gas.

In terms of geography, the global microseismic monitoring technology market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is anticipated to continue to lead the market in the near future due to the significant presence of prominent players such as Schlumberger Limited, ESG Solutions, Halliburton Company, and MicroSeismic, Inc. among others. Some of the other key players profiled in this report include Geospace Technologies Corporation, ION Geophysical Corporation, Landtech Geophysics Ltd., Weir-Jones Group, Guralp Systems Limited, and Fairfield Geotechnologies.

The global Microseismic monitoring technology market has been segmented as follows:

Process

  • Data Acquisition
  • Data Processing
  • Data Interpretation

Component

  • Hardware
  • Software
  • Services

End-use

  • Mining
  • Oil & Gas
  • Others

Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • Rest of Middle East & Africa
  • South America
    • Argentina
    • Rest of South America
Microseismic Monitoring Technology Market

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1. Preface
     1.1. Market Definition and Scope
     1.2. Market Segmentation
     1.3. Key Research Objectives
     1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Microseismic Monitoring Technology Market

4. Market Overview
     4.1. Introduction
     4.2. Market Dynamics
            4.2.1. Drivers
            4.2.2. Restraints
            4.2.3. Opportunities
            4.2.4. Regulations and Policies
     4.3. Key Trends Analysis
     4.4. Key Market Indicators
     4.5. Global Microseismic Monitoring Technology Market Analysis and Forecast, 2016 - 2026
            4.5.1. Market Revenue Projections (US$ Mn)
     4.6. Porter’s Five Forces Analysis - Global Microseismic Monitoring Technology Market 
     4.7. Value Chain Analysis - Global Microseismic Monitoring Technology Market 
     4.8. Market Outlook

5. Global Microseismic Monitoring Technology Market Analysis and Forecast, by Process
     5.1. Overview & Definitions 
     5.2. Key Trends
     5.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Process, 2016 - 2026
            5.3.1. Data Acquisition
            5.3.2. Data Processing
            5.3.3. Data Interpretation
     5.4. Process Comparison Matrix
     5.5. Market Attractiveness by Process

6. Global Microseismic Monitoring Technology Market Analysis and Forecast, by Component
     6.1. Overview & Definitions 
     6.2. Key Trends
     6.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Component, 2016 - 2026
            6.3.1. Hardware (Geophones,
            6.3.2. Seismometer, etc.) 
            6.3.3. Software
            6.3.4. Services 
     6.4. Component Comparison Matrix
     6.5. Market Attractiveness by Component

7. Global Microseismic Monitoring Technology Market Analysis and Forecast, by End-use
     7.1. Overview & Definitions 
     7.2. Key Trends
     7.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by End-use, 2016 - 2026
            7.3.1. Mining 
            7.3.2. Oil & Gas
            7.3.3. Others
     7.4. End-use Comparison Matrix
     7.5. Market Attractiveness by End-use

8. Global Microseismic Monitoring Technology Market Analysis and Forecast, by Region
     8.1. Key Findings
     8.2. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Region, 2016 - 2026
            8.2.1. North America
            8.2.2. Europe
            8.2.3. Asia Pacific
            8.2.4. Middle East and Africa
            8.2.5. South America
     8.3. Market Attractiveness by Region

9. North America Microseismic Monitoring Technology Market Analysis and Forecast 
     9.1. Key Findings
     9.2. Key Trends
     9.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Process, 2016 - 2026
            9.3.1. Data Acquisition
            9.3.2. Data Processing
            9.3.3. Data Interpretation
     9.4. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Component, 2016 - 2026
            9.4.1. Hardware (Geophones,
            9.4.2. Seismometer, etc.) 
            9.4.3. Software
            9.4.4. Services
     9.5. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by End-use, 2016 - 2026
            9.5.1. Mining 
            9.5.2. Oil & Gas
            9.5.3. Others
     9.6. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Country, 2016 - 2026
            9.6.1. The U.S.
            9.6.2. Canada
            9.6.3. Rest of North America
     9.7. Market Attractiveness Analysis 
            9.7.1. By Process
            9.7.2. By Component
            9.7.3. By End-use
            9.7.4. By Country

10. Europe Microseismic Monitoring Technology Market Analysis and Forecast 
     10.1. Key Findings
     10.2. Key Trends
     10.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Process, 2016 - 2026
            10.3.1. Data Acquisition
            10.3.2. Data Processing
            10.3.3. Data Interpretation
     10.4. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Component, 2016 - 2026
            10.4.1. Hardware (Geophones,
            10.4.2. Seismometer, etc.) 
            10.4.3. Software
            10.4.4. Services
     10.5. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by End-use, 2016 - 2026
            10.5.1. Mining 
            10.5.2. Oil & Gas
            10.5.3. Others
     10.6. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Country, 2016 - 2026
            10.6.1. The U.K.
            10.6.2. Rest of Europe
     10.7. Market Attractiveness Analysis 
            10.7.1. By Process
            10.7.2. By Component
            10.7.3. By End-use
            10.7.4. By Country

11. Asia Pacific Microseismic Monitoring Technology Market Analysis and Forecast 
     11.1. Key Findings
     11.2. Key Trends
     11.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Process, 2016 - 2026
            11.3.1. Data Acquisition
            11.3.2. Data Processing
            11.3.3. Data Interpretation
     11.4. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Component, 2016 - 2026
            11.4.1. Hardware (Geophones,
            11.4.2. Seismometer, etc.) 
            11.4.3. Software
            11.4.4. Services
     11.5. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by End-use, 2016 - 2026
            11.5.1. Mining 
            11.5.2. Oil & Gas
            11.5.3. Others
     11.6. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Country, 2016 - 2026
            11.6.1. China
            11.6.2. Australia
            11.6.3. Rest of Asia Pacific
     11.7. Market Attractiveness Analysis 
            11.7.1. By Process
            11.7.2. By Component
            11.7.3. By End-use
            11.7.4. By Country

12. Middle East & Africa Microseismic Monitoring Technology Market Analysis and Forecast

    12.1. Key Findings
     12.2. Key Trends
     12.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Process, 2016 - 2026
            12.3.1. Data Acquisition
            12.3.2. Data Processing
            12.3.3. Data Interpretation
     12.4. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Component, 2016 - 2026
            12.4.1. Hardware (Geophones,
            12.4.2. Seismometer, etc.) 
            12.4.3. Software
            12.4.4. Services
     12.5. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by End-use, 2016 - 2026
            12.5.1. Mining 
            12.5.2. Oil & Gas
            12.5.3. Others
     12.6. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Country, 2016 - 2026
            12.6.1. GCC Countries
            12.6.2. Rest of Middle East and Africa
     12.7. Market Attractiveness Analysis 
            12.7.1. By Process
            12.7.2. By Component
            12.7.3. By End-use
            12.7.4. By Country

13. South America Microseismic Monitoring Technology Market Analysis and Forecast 
     13.1. Key Findings
     13.2. Key Trends
     13.3. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Process, 2016 - 2026
            13.3.1. Data Acquisition
            13.3.2. Data Processing
            13.3.3. Data Interpretation
     13.4. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Component, 2016 - 2026
            13.4.1. Hardware (Geophones,
            13.4.2. Seismometer, etc.) 
            13.4.3. Software
            13.4.4. Services
     13.5. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by End-use, 2016 - 2026
            13.5.1. Mining 
            13.5.2. Oil & Gas
            13.5.3. Others
     13.6. Microseismic Monitoring Technology Market Value(US$ Mn) Forecast, by Country, 2016 - 2026
            13.6.1. Argentina
            13.6.2. Rest of South America
     13.7. Market Attractiveness Analysis 
            13.7.1. By Process
            13.7.2. By Component
            13.7.3. By End-use
            13.7.4. By Country

14. Competition Landscape
     14.1. Market Player – Competition Matrix
     14.2. Market Share Analysis
     14.3. Company Profiles (Details – Basic Overview, , Revenue, SWOT Analysis, Strategy)
            14.3.1. Microseismic, Inc. 
            14.3.2. Geospace Technologies Corporation 
            14.3.3. ESG Solutions
            14.3.4. Halliburton Company 
            14.3.5. ION Geophysical Corporation
            14.3.6. Landtech Geophysics Ltd 
            14.3.7. Schlumberger Limited
            14.3.8. Weir-Jones Group 
            14.3.9. Guralp Systems Limited
            14.3.10. Fairfield Geotechnologies

15. Key Takeaways

List of Tables

Table 1: Global Microseismic Monitoring Technology Market Revenue Forecast, by Process, 2016–2026 (US$ Mn)
Table 2: Global Microseismic Monitoring Technology Market Revenue Forecast, by Component, 2016–2026 (US$ Mn)
Table 3: Global Microseismic Monitoring Technology Market Revenue Forecast, by End-use, 2016–2026 (US$ Mn)
Table 4: Global Microseismic Monitoring Technology Market Revenue Forecast, by Region, 2016–2026 (US$ Mn)
Table 5: North America Microseismic Monitoring Technology Market Revenue Forecast, by Process, 2016–2026 (US$ Mn)
Table 6: North America Microseismic Monitoring Technology Market Revenue Forecast, by Component, 2016–2026 (US$ Mn)
Table 7: North America Microseismic Monitoring Technology Market Revenue Forecast, by End-use, 2016–2026 (US$ Mn)
Table 8: North America Microseismic Monitoring Technology Market Revenue Forecast, by Country, 2016 – 2026
Table 9: Europe Microseismic Monitoring Technology Market Revenue Forecast, by Process, 2016–2026 (US$ Mn)
Table 10: Europe Microseismic Monitoring Technology Market Revenue Forecast, by Component, 2016–2026 (US$ Mn)
Table 11: Europe Microseismic Monitoring Technology Market Revenue Forecast, by End-use, 2016–2026 (US$ Mn)
Table 12: Europe Microseismic Monitoring Technology Market Revenue Forecast, by Country, 2016 – 2026 (US $ Mn)
Table 13: Asia Pacific Microseismic Monitoring Technology Market Revenue Forecast, by Process, 2016–2026 (US$ Mn)
Table 14: Asia Pacific Microseismic Monitoring Technology Market Revenue Forecast, by Component, 2016–2026 (US$ Mn)
Table 15: Asia Pacific Microseismic Monitoring Technology Market Revenue Forecast, by End-use, 2016–2026 (US$ Mn)
Table 16: Asia Pacific Microseismic Monitoring Technology Market Revenue Forecast, by Country, 2016 – 2026
Table 17: Middle East & Africa Microseismic Monitoring Technology Market Revenue Forecast, by Process, 2016–2026 (US$ Mn)
Table 18: Middle East & Africa Microseismic Monitoring Technology Market Revenue Forecast, by Component, 2016–2026 (US$ Mn)
Table 19: Middle East & Africa Microseismic Monitoring Technology Market Revenue Forecast, by End-use, 2016–2026 (US$ Mn)
Table 20: Middle East & Africa Microseismic Monitoring Technology Market Revenue Forecast, by Country, 2016 – 2026 (US $ Mn)
Table 21: South America Microseismic Monitoring Technology Market Revenue Forecast, by Process, 2016–2026 (US$ Mn)
Table 22: South America Microseismic Monitoring Technology Market Revenue Forecast, by Component, 2016–2026 (US$ Mn)
Table 23: South America Microseismic Monitoring Technology Market Revenue Forecast, by End-use, 2016–2026 (US$ Mn)
Table 24: South America Microseismic Monitoring Technology Market Revenue Forecast, by Country, 2016 – 2026 (US $ Mn)

List of Figures

Figure 1: Global Microseismic Monitoring Technology Market
Figure 2: Global Microseismic Monitoring Technology Market Revenue Projection and Y – o – Y Growth, 2016-2026 (US$ Mn)
Figure 3: Global Microseismic Monitoring Technology Market Overview (US$ Mn)
Figure 4: Global Microseismic Monitoring Technology Market, by Process (2018)
Figure 5: Global Microseismic Monitoring Technology Market, by Component (2018)
Figure 6: Global Microseismic Monitoring Technology Market, by End-use (2018)
Figure 7: Global Microseismic Monitoring Technology Market Value Share Analysis, by Process, 2018 and 2026
Figure 8: Segment Growth Matrix, 2018 - 26 (%)
Figure 9: Segment Revenue Contribution, 2018 - 26 (%)
Figure 10: Segment Compounded Growth Matrix (CAGR %)
Figure 11: Global Microseismic Monitoring Technology Market Attractiveness Analysis, by Process
Figure 12: Global Microseismic Monitoring Technology Market Value Share Analysis, by Component, 2018 and 2026
Figure 13: Segment Growth Matrix, 2018 - 26 (%)
Figure 14: Segment Revenue Contribution, 2018 - 26 (%)
Figure 15: Segment Compounded Growth Matrix (CAGR %)
Figure 16: Global Microseismic Monitoring Technology Market Attractiveness Analysis, by Component
Figure 17: Global Microseismic Monitoring Technology Market Value Share Analysis, by End-use, 2018 and 2026
Figure 18: Segment Growth Matrix, 2018 - 26 (%)
Figure 19: Segment Revenue Contribution, 2018 - 26 (%)
Figure 20: Segment Compounded Growth Matrix (CAGR %)
Figure 21: Global Microseismic Monitoring Technology Market Attractiveness Analysis, by End-use
Figure 22: Global Microseismic Monitoring Technology Market Value Share Analysis, by Region, 2018 and 2026
Figure 23: Global Microseismic Monitoring Technology Market Attractiveness Analysis, by Region
Figure 24: North America Microseismic Monitoring Technology Market Revenue (US$ Mn) Forecast, 2016 – 2026
Figure 25: North America Microseismic Monitoring Technology Market Y-o-Y Forecast, 2016 – 2026
Figure 26: North America Microseismic Monitoring Technology Market Share Analysis, by Process, 2018 and 2026
Figure 27: North America Microseismic Monitoring Technology Market Share Analysis, by Component, 2018 and 2026
Figure 28: North America Microseismic Monitoring Technology Market Value Share Analysis, by End-use, 2018 and 2026
Figure 29: North America Microseismic Monitoring Technology Market Share Analysis, by Country, 2018 and 2026
Figure 30: North America Microseismic Monitoring Technology Market Attractiveness Analysis, by Process
Figure 31: North America Microseismic Monitoring Technology Market Attractiveness Analysis, by Component
Figure 32: North America Microseismic Monitoring Technology Market Attractiveness Analysis, by End-use
Figure 33: North America Microseismic Monitoring Technology Market Attractiveness Analysis, by Country
Figure 34: Europe Microseismic Monitoring Technology Market Revenue (US$ Mn) Forecast, 2016 – 2026
Figure 35: Europe Microseismic Monitoring Technology Market Y-o-Y Forecast, 2016 – 2026
Figure 36: Europe Microseismic Monitoring Technology Market Share Analysis, by Process, 2018 and 2026
Figure 37: Europe Microseismic Monitoring Technology Market Share Analysis, by Component, 2018 and 2026
Figure 38: Europe Microseismic Monitoring Technology Market Value Share Analysis, by End-use, 2018 and 2026
Figure 39: Europe Microseismic Monitoring Technology Market Share Analysis, by Country, 2018 and 2026
Figure 40: Europe Microseismic Monitoring Technology Market Attractiveness Analysis, by Process
Figure 41: Europe Microseismic Monitoring Technology Market Attractiveness Analysis, by Component
Figure 42: Europe Microseismic Monitoring Technology Market Attractiveness Analysis, by End-use
Figure 43: Europe Microseismic Monitoring Technology Market Attractiveness Analysis, by Country
Figure 44: Asia Pacific Microseismic Monitoring Technology Market Revenue (US$ Mn) Forecast, 2016 – 2026
Figure 45: Asia Pacific Microseismic Monitoring Technology Market Y-o-Y Forecast, 2016 – 2026
Figure 46: Asia Pacific Microseismic Monitoring Technology Market Share Analysis, by Process, 2018 and 2026
Figure 47: Asia Pacific Microseismic Monitoring Technology Market Share Analysis, by Component, 2018 and 2026
Figure 48: Asia Pacific Microseismic Monitoring Technology Market Value Share Analysis, by End-use, 2018 and 2026
Figure 49: Asia Pacific Microseismic Monitoring Technology Market Share Analysis, by Country, 2018 and 2026
Figure 50: Asia Pacific Microseismic Monitoring Technology Market Attractiveness Analysis, by Process
Figure 51: Asia Pacific Microseismic Monitoring Technology Market Attractiveness Analysis, by Component
Figure 52: Asia Pacific Microseismic Monitoring Technology Market Attractiveness Analysis, by End-Use
Figure 53: Asia Pacific Microseismic Monitoring Technology Market Attractiveness Analysis, by Country
Figure 54: Middle East & Africa Microseismic Monitoring Technology Market Revenue (US$ Mn) Forecast, 2016 – 2026
Figure 55: Middle East & Africa Microseismic Monitoring Technology Market Y-o-Y Forecast, 2016 – 2026
Figure 56: Middle East & Africa Microseismic Monitoring Technology Market Share Analysis, by Process, 2018 and 2026
Figure 57: Middle East & Africa Microseismic Monitoring Technology Market Share Analysis, by Component, 2018 and 2026
Figure 58: Middle East & Africa Microseismic Monitoring Technology Market Value Share Analysis, by End-use, 2018 and 2026
Figure 59: Middle East & Africa Microseismic Monitoring Technology Market Share Analysis, by Country, 2018 and 2026
Figure 60: Middle East & Africa Microseismic Monitoring Technology Market Attractiveness Analysis, by Process
Figure 61: Middle East & Africa Microseismic Monitoring Technology Market Attractiveness Analysis, by Component
Figure 62: Middle East & Africa Microseismic Monitoring Technology Market Attractiveness Analysis, by End-use
Figure 63: Middle East & Africa Microseismic Monitoring Technology Market Attractiveness Analysis, by Country
Figure 64: South America Microseismic Monitoring Technology Market Revenue (US$ Mn) Forecast, 2016 – 2026
Figure 65: South America Microseismic Monitoring Technology Market Y-o-Y Forecast, 2016 – 2026
Figure 66: South America Microseismic Monitoring Technology Market Share Analysis, by Process, 2018 and 2026
Figure 67: South America Microseismic Monitoring Technology Market Share Analysis, by Component, 2018 and 2026
Figure 68: South America Microseismic Monitoring Technology Market Value Share Analysis, by End-use, 2018 and 2026
Figure 69: South America Microseismic Monitoring Technology Market Share Analysis, by Country, 2018 and 2026
Figure 70: South America Microseismic Monitoring Technology Market Attractiveness Analysis, by Process
Figure 71: South America Microseismic Monitoring Technology Market Attractiveness Analysis, by Component
Figure 72: South America Microseismic Monitoring Technology Market Attractiveness Analysis, by End-use
Figure 73: South America Microseismic Monitoring Technology Market Attractiveness Analysis, by Country
Figure 74: Global Microseismic Monitoring Technology Market Revenue Share Analysis, by Company (2017)
Figure 75: Geospace Technologies Corporation Net Sales, by Region, (2017)
Figure 76: Revenue (US$ Mn) & Y-o-Y Growth (%), 2015–2017
Figure 77: Halliburton Net Sales, by Region, (2017)
Figure 78: Halliburton Revenue (US$ Mn) & Y-o-Y Growth (%), 2015–2017
Figure 79: ION Geophysical Corporation Net Sales, by Region, (2017)
Figure 80: ION Geophysical Corporation Revenue (US$ Mn) & Y-o-Y Growth (%), 2015–2017
Figure 81: Schlumberger Limited Net Sales, by Region, (2017)
Figure 82: Schlumberger Limited Revenue (US$ Mn) & Y-o-Y Growth (%), 2015–2017

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