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

Geologic Prospecting & Seismic Instrument Manufacturing in China

Geologic Prospecting & Seismic Instrument Manufacturing in China - IBISWorld Industry Market Research
Geologic Prospecting & Seismic Instrument Manufacturing in China
Published Sep 28, 2015
31 pages — Published Sep 28, 2015
Price US$ 660.00  |  Buy this Report Now

About This Report

  
Abstract:

Revenue from the Geological Prospecting and Seismic Instrument Manufacturing industry in China has been growing at an average annual rate of 17.3% in the five years through 2015. In 2015, revenue is expected to grow 10.8% to $2.8 billion, mainly driven by increased exports and growing demand from downstream markets. Exports are estimated to account for 15.3% of industry revenue in 2015.

Frequent earthquake and geological disasters in recent years have led to an increase in geological prospecting in China. In 2008, the Wenchuan earthquake in Sichuan province led to enhanced seismic surveillance and rising industry demand.

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.

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

  
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Document ID
4125
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Geologic Prospecting & Seismic Instrument Manufacturing in China" Sep 28, 2015. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Geologic-Prospecting-Seismic-Instrument-Manufacturing-in-China-2042-5588>
  
APA:
IBISWorld Industry Market Research. (2015). Geologic Prospecting & Seismic Instrument Manufacturing in China Sep 28, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Geologic-Prospecting-Seismic-Instrument-Manufacturing-in-China-2042-5588>
  
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