Overview

IBISWorld’s Geologic Prospecting & Seismic Instrument Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

Revenue from the Geological Prospecting and Seismic Instrument Manufacturing industry in China has been growing at an average annual rate of 9.8% in the five years through 2016. In 2016, revenue is expected to grow 2.8% to $2.8 billion, mainly driven by increased exports and growing demand from downstream markets. Exports are estimated to account for 16.3% of industry revenue in 2016.

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. Further oil, gas and alternative energy source exploration in China has increased demand for industry products...

Industry Report - Industry Key Buyers Chapter

The top four companies in the Geological Prospecting and Seismic Instrument Manufacturing industry in China generate an estimated 22.5% of industry revenue in 2016. Industry concentration is low and has been declining over the past five years with the entry of many foreign players and some small-sized companies.

There are about 101 enterprises operating in the industry in 2016, up 8.6% from 2015. Competition among manufacturers has been increasing, with many foreign players with advanced technology entering the domestic market.

With price competition and falling profit margins, ACMR-IBISWorld forecasts that there will be more mergers and acquisitions in the coming years and that the current industry concentration level will be maintained.

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Additional Insights for the Geologic Prospecting & Seismic Instrument Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Geologic Prospecting & Seismic Instrument Manufacturing Industry are

  • Economies of scale
  • Establishment of brand names
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Professional, Scientific and Technical Services and World Prices - Minerals in the Geologic Prospecting & Seismic Instrument Manufacturing industry impact industry performance..

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    Industry Products

    What is the Geologic Prospecting & Seismic Instrument Manufacturing Industry?

    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.

    Industry Products
    Earthquake precursor instrument
    Seismographs
    Drilling test and analysis instruments
    Industry Activities
    Manufacturing geological exploration instruments and allied equipment
    Manufacturing drilling equipment and allied similar appliances
    Manufacturing seismic special instruments and allied equipment

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Downstream Demand - Professional, Scientific and Technical Services
  • World Prices - Minerals
  • Exports of Goods and Services - Merchandise Trade
  • Fixed Investment - Total
  • Industry Systems and Technology - Professional and Scientific Equipment mfg
  • Downstream Demand - Education

  • Current Performance
  • Exports and imports
  • Enterprises and wages
  • Domestic demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Enterprises and wages
  • Competition
  • Downstream demand
  • Table: Geologic Prospecting & Seismic Instrument Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Geologic Prospecting & Seismic Instrument Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Mining
  • Earthquake Services
  • Engineering Services
  • Colleges & Universities

  • Key Selling Industries
  • Copper Smelting
  • Plastic Board, Pipe & Sheet Manufacturing

  • Products & Services
  • Earthquake precursor instrument
  • Seismographs
  • Drilling test and analysis instruments
  • Other
  • Chart: Geologic Prospecting & Seismic Instrument Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Innovation
  • Development and expansion of downstream industries
  • Government policies
  • Frequency of geological disasters
  • Technological competence

  • Major Markets
  • Geological prospecting enterprises
  • Mining enterprises
  • Petroleum enterprises
  • Exports
  • Government
  • Other
  • Chart: Major Market Segmentation for the Geologic Prospecting & Seismic Instrument Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Geologic Prospecting & Seismic Instrument Manufacturing

  • Basis of Competition
  • Price
  • Technology
  • Service
  • Product quality
  • Sales distribution channels
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Geologic Prospecting & Seismic Instrument Manufacturing Industry

  • Industry Globalization
    Major Companies
    CNPC Logging Co. Ltd.Hebei Sercel Junfeng Geophysical Prospecting Equipment Co. Ltd.Boart Longyear LimitedGeokon Inc.Xi'an Petroleum Exploration Instrument Complex
  • Table: CNPC Logging Co. Ltd. - financial performance
  • Table: Hebei Sercel Junfeng Geophysical Prospecting Equipment Co. Ltd. - financial performance
  • Table: Boart Longyear Limited - financial performance
  • Table: Geokon Inc. - financial performance
  • Table: Xi'an Petroleum Exploration Instrument Complex - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Geologic Prospecting & Seismic Instrument Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Geologic Prospecting & Seismic Instrument Manufacturing Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Total Assets (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Logging While Drilling (Lwd)
  • A technique used in the oil sector to measure the petroleum industry, which measures physical parameters of lithostratigraphy and then transfers data to the ground for processing.
  • Mineral
  • A naturally occurring solid chemical substance formed through biogeochemical processes having a characteristic chemical composition, a highly ordered atomic structure and specific physical properties.
  • Rational Functional Tester (Rft)
  • An advanced robotic regression testing instrument.
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    This report on Geologic Prospecting & Seismic Instrument Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Geologic Prospecting & Seismic Instrument Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Geologic Prospecting & Seismic Instrument Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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