Revenue from the Geological Prospecting and Seismic Instrument Manufacturing industry in China has been growing at an average annual rate of 5.2% in the five years through 2017. In 2017, revenue is expected to grow 4.4% to $2.9billion, mainly driven by increased exports and growing demand from downstream markets. Exports are estimated to account for 16.2% of industry revenue in 2017.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...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
5.2%
Forecast Growth 17-22
Profit
Employment
21,784
Businesses
157

Industry Report - Industry Locations Chapter

In 2017, activity in the Geological Prospecting and Seismic Instrument Manufacturing industry in China is concentrated in Shaanxi province, Jiangsu province, Shandong province and Hebei province, which account for 30.2%, 22.2%, 18.8% and 9.1% of total industry revenue, respectively.Generating 30.2% of industry revenue, Shaanxi province houses 15.2% of industry enterprises and 44.4% of total employees. A large number of research institutions and intense geological prospecting activity has promoted the industry's development in Shaanxi.With 41.0% of industry enterprises, Jiangsu province is expected to generate 22.2% of total industry revenue in 2017. Total employment in Jiangsu is set to reach 17.2% in 2017. Jia...purchase to read more.

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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    What's in this report

    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

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    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 importsEnterprises and wagesDomestic demand
  • Chart: Revenue Growth

  • Industry Outlook
    Enterprises and wagesCompetitionDownstream 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

  • 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
    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
    CNPC Logging Co. Ltd., Hebei Sercel Junfeng Geophysical Prospecting Equipment Co. Ltd., Boart Longyear Limited, Geokon 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

  • 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
    Table: Industry Data for the Geologic Prospecting & Seismic Instrument Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Geologic Prospecting & Seismic Instrument Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
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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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