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Seismic Monitoring Equipment Market Share

Report ID: GMI10557
Published Date: Jul 2024
Report Format: PDF

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Seismic Monitoring Equipment Market Share

Kinemetrics, Inc. and Güralp Systems Ltd. collectively held a significant share of the seismic monitoring equipment industry in 2023. Kinemetrics, Inc. is a prominent leader in the seismic monitoring equipment industry, renowned for its innovative solutions and cutting-edge technology. Founded in 1987 and headquartered in Pasadena, California, Kinemetrics specializes in designing and manufacturing high-precision seismic instrumentation and data acquisition systems.

Güralp Systems Ltd. is renowned for its expertise in developing high-performance instruments designed to detect and analyze seismic activity. Founded with a focus on delivering advanced solutions for earthquake monitoring, Güralp Systems specializes in a range of products including seismometers, accelerometers, and data acquisition systems.

Seismic Monitoring Equipment Market Companies

Major players operating in the seismic monitoring equipment industry are:

Kinemetrics, Inc.
Güralp Systems Ltd.
GeoSIG Ltd.
Nanometrics Inc.
Rogue Seismic
DMT GmbH & Co. KG
Reftek Systems

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for seismic monitoring equipment was valued at USD 1.8 billion in 2023 and is anticipated to record a CAGR of over 5% between 2024 and 2032, backed by the rising frequency of natural disasters, including earthquakes and volcanic eruptions.

The seismometers segment dominated the market in 2023 and is expected to reach over USD 1 billion by 2032, as miniaturized seismometers are increasingly used in geological field studies and environmental monitoring.

The seismic monitoring equipment market in North America is expected to reach USD 1 billion by 2032, due to its seismic activity, especially in areas like California and Alaska, along with well-established seismic monitoring networks in the U.S. and Canada.

Kinemetrics, Inc., Güralp Systems Ltd., GeoSIG Ltd., Nanometrics Inc., Rogue Seismic, DMT GmbH & Co. KG, and Reftek Systems.