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Seismometers Market - Global Forecast (2016-2022) - Analysis By Type, Range, Varieties, Output & Geography - Research and Markets

[August 09, 2017]

Seismometers Market - Global Forecast (2016-2022) - Analysis By Type, Range, Varieties, Output & Geography - Research and Markets

The "Seismometers Market-Forecast (2016-2022)" report has been added to Research and Markets' offering.

Seismometers are instruments that measure the seismic waves generated by earthquakes, volcanic eruptions, and other seismic sources. Globally, development of efficient and advanced technology, rising demand from inexpensive and durable seismometers, growing number of earthquakes, increasing government initiatives, growing focus of geophysical research, and advantageous properties of seismometers are the prime growth drivers of the seismometers market.

In addition, an increase in adoption of seismometers for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for the seismometers market. However, higher cost of research and development, and growing market of countereit seismometers are the key restraints for the seismometers market.

Geographically, Asia Pacific dominated the seismometers market, followed by North America. Asia Pacific is projected to have the fastest growth, owing to a rapidly increasing geophysical research projects, rise in industrial sector, and growing government initiatives in developing nations such as China, and India in this region.

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