Gravimeter Market Size Share & Growth Analysis to 2030

Global Gravimeter Market Size, Share, Growth, Industry Trends, Competitive Analysis and Forecast to 2030

Report ID: RC49584 | Report Format: PDF + Excel | Starting Price: 3800/- USD | Last Updated: July 5th, 2023

The global gravimeter market size is expected to grow at a significant CAGR during the forecast period 2020 to 2027. The better advantages of gravity measurement compared to other exploration methods is key factor to drive the market growth. In addition, the vast use of gravimeters in various industries such as oil & gas, mineral exploration, and geological mapping is projected to propel the market. However, decreasing exploration budget in mining industry is a factor to hinder the market growth over the forecast period.

Market Drivers:

Geophysical Exploration: Gravimeters are widely used in geophysical exploration activities, including mineral and oil exploration, geological surveys, and groundwater exploration. The demand for natural resources and the need to locate reserves drive the demand for gravimeters in these industries.

Infrastructure Development: The construction of large infrastructure projects such as dams, tunnels, and bridges requires accurate geotechnical information. Gravimeters are utilized to measure gravitational variations, helping in understanding subsurface structures and identifying potential risks, thus contributing to the demand for gravimeters in the construction sector.

Geodesy and Geodetic Surveys: Gravimeters play a crucial role in geodesy, which involves the precise measurement and monitoring of the Earth’s shape, gravitational field, and tectonic movements. Geodetic surveys are conducted for applications such as mapping, land surveying, and satellite positioning systems. The need for accurate and high-resolution gravity measurements drives the demand for gravimeters in geodetic surveys.

Environmental and Climate Studies: Gravimeters are utilized in environmental and climate studies to monitor changes in sea level, ice mass balance, and land subsidence. These measurements help in understanding climate change, sea level rise, and the impact of human activities on the environment. The increasing focus on environmental monitoring drives the demand for gravimeters in these studies.

Defense and Aerospace Applications: Gravimeters have applications in defense and aerospace industries, including navigation systems, inertial guidance systems, and satellite missions. They are used to measure and monitor variations in gravitational acceleration for precise positioning, guidance, and geophysical mapping in these sectors.

Natural Disaster Monitoring: Gravimeters play a role in monitoring and studying natural disasters such as earthquakes and volcanic activities. By measuring changes in gravitational acceleration, gravimeters provide valuable data for understanding the dynamics of these events and assisting in early warning systems.

Research and Academia: Gravimeters are utilized in various research fields, including geophysics, geology, seismology, and planetary science. Academic institutions and research organizations employ gravimeters for fundamental research, field surveys, and experimental studies, driving the demand for these devices in the research and academia sector.

Technological Advancements: Advancements in gravimeter technology, such as the development of compact and portable devices with improved sensitivity and accuracy, contribute to the market growth. These advancements enable easier and more efficient data collection, analysis, and interpretation, expanding the applications of gravimeters.

Government Initiatives and Funding: Government initiatives and funding for geoscience research, exploration activities, and infrastructure development projects can significantly impact the gravimeter market. Supportive policies, grants, and investments by governments drive the adoption of gravimeters in various sectors.

Market Insights:

The global gravimeter market is segmented into output, platform, application, and region. By output, the market is divided into absolute gravimeter and relative gravimeter. The relative gravimeter segment held the largest market share in 2019 in terms of revenue. The segment growth is attributed to factors such as its accurate result and fast in operation. By platform, the market is classified into land-based, marine-based, and airborne platforms. The land-based gravimeter segment dominated the market in 2019 and accounted for over 50% of the market share in terms of revenue. The segment growth has contributed by the wide range of its application as compared to other platforms.

On the basis of application, the gravimeter market is classified into oil & gas exploration, mineral exploration, geological mapping, civil mapping, and other applications. The oil & gas exploration segment held the largest market share in 2019 and estimated to grow at the same trend over the forecast period. The segment growth is contributed to the continuous expansion and new investment in the oil & gas sector by some major players of the industry. North America has a clear dominance of the market in 2019 due to its vast research in the oil and gas sector.

The gravimeter comprehensive study offers in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global gravimeter market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

Gravimeter market research report presents the analysis of each segment from 2018 to 2027 considering 2019 as the base year for the research. The compounded Annual Growth Rate (CAGR) for each respective segment is calculated for the forecast period from 2020 to 2027.

Historical & Forecast Period:

2018 – Historical Year
2019 – Base Year
2020-2027 – Forecast Period

Market Segmentation:

By Output:

Absolute
Relative

By Platform:

Land-based
Marine-based
Airborne

By Application:

Oil & Gas Exploration
Mineral Exploration
Geological Mapping
Civil Engineering
Others

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Geographic Coverage:

Geographically, the gravimeter Market report comprises dedicated sections centering on the regional market revenue and trends. The gravimeter market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The gravimeter market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance and others. Gravimeter Market estimates have also been provided for the historical years 2018 & 2019 along with forecast for the period from 2020 – 2027.

Report Coverage:

Research Methodology
Research Scope
Executive Market Summary: Industry Snapshot
Industry Outlook
Critical Success Factors (CSFs) for the Market
Market Dynamics
Key Opportunities
Market Porters Five Force Analysis
Market Value Chain/Ecosystem Analysis
Market Attractive Investment Proposition
Market PESTEL Analysis
Market Positioning of Key Vendors
Market Segmentation Outlook
Regional Outlook
Company Profiles of Key Vendors

Competition Assessment:

Companies are exploring markets through expansion, new investment, introduction of new services and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy. Key players operating in the global gravimeter market are Scintrex Limited, AOSense, Inc., GWR Instruments, Inc., and ZLS Corporation.

Key Companies:

Canadian Micro Gravity Pty Ltd.
Micro-g LaCoste, Inc.
Muquans SAS
Scintrex Limited
AOSense, Inc.
ZLS Corporation
GWR Instruments, Inc.

Key Questions Answered by Gravimeter Market Report:

Global gravimeter market forecasts from 2020-2027
Regional gravimeter market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East, and Africa, and Latin America
Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
Gravimeter submarket forecasts from 2020-2027 covering the market by output, by platform, by application, and geography
Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to gravimeter market
Analysis of the key factors driving and restraining the growth of the global, regional, and country-level gravimeter markets from 2020-2027
Competitive Landscape and market positioning of top 10 players operating in the gravimeter market

Table of Content:

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

2. Executive Summary
2.1. Global Gravimeter Market Portraiture
2.2. Global Gravimeter Market, by Output, 2019 (USD Mn)
2.3. Global Gravimeter Market, by Platform, 2019 (USD Mn)
2.4. Global Gravimeter Market, by Application, 2019 (USD Mn)
2.5. Global Gravimeter Market, by Geography, 2019 (USD Mn)

3. Global Gravimeter Market Analysis
3.1. Gravimeter Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTEL Analysis

4. Global Gravimeter Market By Output, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Market Estimation by Absolute Gravimeter, 2018 – 2027(USD Mn)
4.3. Market Estimation by Relative Gravimeter, 2018 – 2027(USD Mn)

5. Global Gravimeter Market By Platform, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Market Estimation by Land-based Platform, 2018 – 2027(USD Mn)
5.3. Market Estimation by Infectious Marine-based Platform, 2018 – 2027(USD Mn)
5.4. Market Estimation by Airborne Platform, 2018 – 2027(USD Mn)
5.5. Others

6. Global Gravimeter Market By Application, 2018 – 2027 (USD Mn)
6.1. Overview
6.2. Market Estimation by Oil & Gas Exploration, 2018 – 2027(USD Mn)
6.3. Market Estimation by Mineral Exploration, 2018 – 2027(USD Mn)
6.4. Market Estimation by Geological Mapping, 2018 – 2027(USD Mn)
6.5. Market Estimation by Civil Engineering, 2018 – 2027(USD Mn)
6.6. Others

7. Global Gravimeter Market, By Geography, 2018 – 2027 (USD Mn)
7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. North America Gravimeter Market by Output (2018-2027 USD Mn)
7.2.3. North America Gravimeter Market by Platform (2018-2027 USD Mn)
7.2.4. North America Gravimeter Market by Application (2018-2027 USD Mn)
7.2.5. North America Gravimeter Market by Country (2018-2027 USD Mn)
7.2.5.1. U.S.
7.2.5.2. Canada
7.2.5.3. Mexico
7.3. Europe
7.3.1. Overview
7.3.2. Europe Gravimeter Market by Output (2018-2027 USD Mn)
7.3.3. Europe Gravimeter Market by Platform (2018-2027 USD Mn)
7.3.4. Europe Gravimeter Market by Application (2018-2027 USD Mn)
7.3.5. Europe Gravimeter Market by Country (2018-2027 USD Mn)
7.3.5.1. Germany
7.3.5.2. U.K.
7.3.5.3. France
7.3.5.4. Italy
7.3.5.5. Russia
7.3.5.6. Rest of Europe
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Asia Pacific Gravimeter Market by Output (2018-2027 USD Mn)
7.4.3. Asia Pacific Gravimeter Market by Platform (2018-2027 USD Mn)
7.4.4. Asia Pacific Gravimeter Market by Application (2018-2027 USD Mn)
7.4.5. Asia Pacific Gravimeter Market by Country (2018-2027 USD Mn)
7.4.5.1. China.
7.4.5.2. Japan
7.4.5.3. India
7.4.5.4. Australia
7.4.5.5. South Korea
7.4.5.6. Rest of Asia Pacific
7.5. Latin America (LATAM)
7.5.1. Overview
7.5.2. Latin America Gravimeter Market by Output (2018-2027 USD Mn)
7.5.3. Latin America Gravimeter Market by Platform (2018-2027 USD Mn)
7.5.4. Latin America Gravimeter Market by Application (2018-2027 USD Mn)
7.5.5. Latin America Gravimeter Market by Country (2018-2027 USD Mn)
7.5.5.1. Brazil
7.5.5.2. Rest of Latin America
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. MEA Gravimeter Market by Output (2018-2027 USD Mn)
7.6.3. MEA Gravimeter Market by Platform (2018-2027 USD Mn)
7.6.4. MEA Gravimeter Market by Application (2018-2027 USD Mn)
7.6.5. Middle East and Africa Gravimeter Market, by Country (2018-2027 USD Mn)
7.6.5.1. South Africa
7.6.5.2. Israel
7.6.5.3. Rest of South Africa

8. Company Profiles
8.1. Canadian Micro Gravity Pty Ltd.
8.1.1. Business Description
8.1.2. Financial Health and Budget Allocation
8.1.3. Product Positions/Portfolio
8.1.4. News Coverage
8.2. Micro-g LaCoste, Inc.
8.2.1. Business Description
8.2.2. Financial Health and Budget Allocation
8.2.3. Product Positions/Portfolio
8.2.4. News Coverage
8.3. Muquans SAS
8.3.1. Business Description
8.3.2. Financial Health and Budget Allocation
8.3.3. Product Positions/Portfolio
8.3.4. News Coverage
8.4. Scintrex Limited
8.4.1. Business Description
8.4.2. Financial Health and Budget Allocation
8.4.3. Product Positions/Portfolio
8.4.4. News Coverage
8.5. AOSense, Inc.
8.5.1. Business Description
8.5.2. Financial Health and Budget Allocation
8.5.3. Product Positions/Portfolio
8.5.4. News Coverage
8.6. ZLS Corporation
8.6.1. Business Description
8.6.2. Financial Health and Budget Allocation
8.6.3. Product Positions/Portfolio
8.6.4. News Coverage
8.7. GWR Instruments, Inc.
8.7.1. Business Description
8.7.2. Financial Health and Budget Allocation
8.7.3. Product Positions/Portfolio
8.7.4. News Coverage

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List of Figures :

FIG. 1 Global Gravimeter: Market Segmentation
FIG. 2 Global Gravimeter Market: Research Methodology
FIG. 3 Top-Down and Bottom-up Approach
FIG. 4 Global Gravimeter Market, by Output, 2019 (US$ Mn)
FIG. 5 Global Gravimeter Market, by Platform, 2019 (US$ Mn)
FIG. 6 Global Gravimeter Market, by Application, 2019 (US$ Mn)
FIG. 7 Global Gravimeter Market, by Geography, 2019 (US$ Mn)
FIG. 8 Global Gravimeter Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)
FIG. 9 Attractive Investment Proposition, by Geography, 2017
FIG. 10 Market Positioning of Key Gravimeter Providers, 2019
FIG. 11 Global Gravimeter Market Value Share, by Output, 2018 & 2027 (%)
FIG. 12 Global Gravimeter Market Value for Absolute Gravimeters, 2018 - 2027, (US$ Mn)
FIG. 13 Global Gravimeter Market Value for Relative Gravimeters 2018 - 2027, (US$ Mn)
FIG. 14 Global Gravimeter Market Value Share, by Platform, 2018 & 2027 (Value %)
FIG. 15 Global Gravimeter Market Value for Land-based, 2018 - 2027, (US$ Mn)
FIG. 16 Global Gravimeter Market Value for Marine-based, 2018 - 2027, (US$ Mn)
FIG. 17 Global Gravimeter Market Value for Airborne, 2018 - 2027, (US$ Mn)
FIG. 18 Global Gravimeter Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 19 Global Gravimeter Market Value for Oil & Gas Exploration, 2018 - 2027 (US$ Mn)
FIG. 20 Global Gravimeter Market Value for Mineral Exploration, 2018 - 2027 (US$ Mn)
FIG. 21 Global Gravimeter Market Value for Geological Mapping, 2018 - 2027 (US$ Mn)
FIG. 22 Global Gravimeter Market Value for Civil Engineering, 2018 - 2027 (US$ Mn)
FIG. 23 Global Gravimeter Market Value for Others, 2018 - 2027 (US$ Mn)
FIG. 24 North America Gravimeter Market Value, 2018 - 2027, (US$ Mn)
FIG. 25 Europe Gravimeter Market Value, 2018 - 2027, (US$ Mn)
FIG. 26 Asia Pacific Gravimeter Market Value, 2018 - 2027, (US$ Mn)
FIG. 27 LATIN America Gravimeter Market Value, 2018 - 2027, (US$ Mn)
FIG. 28 Middle East & Africa Gravimeter Market Value, 2018 - 2027, (US$ Mn)

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List of Tables:

TABLE 1 Market Snapshot: Global Gravimeter Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Challenges
TABLE 4 Global Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 5 Global Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 6 Global Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 7 North America Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 8 North America Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 9 North America Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 10 North America Gravimeter Market Value, By Country, 2018 - 2027 (US$ Mn)
TABLE 11 U.S. Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 12 U.S. Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 13 U.S. Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 14 Canada Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 15 Canada Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 16 Canada Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 17 Mexico Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 18 Mexico Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 19 Mexico Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 20 Europe Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 21 Europe Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 22 Europe Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 23 Europe Gravimeter Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 24 Germany Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 25 Germany Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 26 Germany Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 27 U.K. Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 28 U.K. Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 29 U.K. Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 30 France Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 31 France Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 32 France Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 33 Italy Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 34 Italy Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 35 Italy Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 36 Rest of Europe Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 37 Rest of Europe Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 38 Rest of Europe Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 39 Asia Pacific Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 40 Asia Pacific Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 41 Asia Pacific Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 42 Asia Pacific Gravimeter Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 43 Japan Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 44 Japan Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 45 Japan Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 46 China Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 47 China Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 48 China Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 49 India Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 50 India Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 51 India Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 52 South Korea Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 53 South Korea Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 54 South Korea Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 55 Rest of Asia Pacific Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 56 Rest of Asia Pacific Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 57 Rest of Asia Pacific Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 58 Latin America Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 59 Latin America Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 60 Latin America Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 61 Latin America Gravimeter Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 62 Middle East & Africa Gravimeter Market Value, by Output, 2018 - 2027 (US$ Mn)
TABLE 63 Middle East & Africa Gravimeter Market Value, by Platform, 2018 - 2027 (US$ Mn)
TABLE 64 Middle East & Africa Gravimeter Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 65 Middle East & Africa Gravimeter Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 66 Canadian Micro Gravity Pty Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 67 Micro-g LaCoste, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 68 Muquans SAS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 69 Scintrex Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 70 AOSense, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 71 ZLS Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 72 GWR Instruments, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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