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There are xx businesses in the Geophysical Services industry in Canada, which is expected to decline at xx% over the next five years. Operators in the Canadian Geophysical Services industry gather, interpret and map geophysical data. They often specialize in locating and measuring the extent of subsurface resources, such as oil, gas and minerals, but may also conduct surveys for engineering purposes. Operators use a variety of surveying techniques depending on the purpose of the survey, including magnetic surveys, gravity surveys, seismic surveys or electrical and electromagnetic surveys.
Curious about what drives these trends? IBISWorld's Geophysical Services in Canada industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 1,095 Geophysical Services in Canada businesses as of 2025, an decrease of -4.1% from 2024.
The number of Geophysical Services in Canada businesses has declined -2.0% per year on average over the five years between 2020 and 2025.
See our full analysis of the Geophysical Services in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Geophysical Services in Canada has low market share concentration and the largest business is Stantec.