Mobile Menu

Geophysical Services in Minnesota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MN54136

Geophysical Services in Minnesota industry analysis

The Geophysical Services industry in Minnesota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has increased an annualized x% to xx workers, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to decline -x% to xx locations. Industry employment is expected to increase an annualized x.x% to xx workers, while industry wages are forecast to increase x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Geophysical Services in Minnesota Market Research Report

What’s Included in the Geophysical Services in Minnesota Market Research Report

Definition of the Geophysical Services in Minnesota?

Companies in this industry gather, interpret and map geophysical data. Players often specialize in locating and measuring the extent of subsurface resources such as oil, gas and minerals. Still, they may also conduct surveys for engineering purposes. Companies also use various surveying techniques depending on the purpose of the study, including magnetic, gravity, seismic, or electrical and electromagnetic surveys.

What’s included in the Geophysical Services in Minnesota?

The Geophysical Services in Minnesota includes providing integrated geophysical services, offering geophysical services that exclude oil and gas well logging, providing databases and other collections of information, offering geospatial photo and image processing services and providing geospatial consulting services. Related terms covered in the Geophysical Services in Minnesota industry report includes a form of geophysical survey that measures the properties of the earth’s subsurface using seismic waves, a team of people who conduct seismic and other tests and exploratory drills to determine the properties of the earth and a combination of the principles of geology and physics, used to study the substrata of the earth and its oceans; a key function for oil and gas exploration, mineral deposits and in archaeology.

Industry Performance of the Geophysical Services industry in Minnesota

Benchmark the Geophysical Services in Minnesota industry performance with all MN county and national performance.

Geophysical Services in Minnesota

#22 in Highest Revenue 0.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Geophysical Services in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Geophysical Services industry in Minnesota

See how key industry drivers, such as population, net migration, per capita disposable income, industrial production index, value of private nonresidential construction and oil and natural gas price index are impacting Geophysical Services in Minnesota

Minnesota Economic Indicators

Population
Net Migration
Per Capita Disposable Income

View more economic information in MN State Economic profile

US Key External Drivers

Industrial production index
Value of private nonresidential construction
Oil and natural gas price index

For the full list of industry drivers, see report purchase options.

County Data of the Geophysical Services industry in Minnesota

Access proprietary data on county in the Geophysical Services in Minnesota, such as Dakota County, St. Louis County and Carver County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Geophysical Services industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Geophysical Services industry in Minnesota in 2025?

The market size of the Geophysical Services industry in Minnesota is $11.1m in 2025.

How many businesses are there in the Geophysical Services industry in Minnesota in 2025?

There are 21 businesses in the Geophysical Services industry in Minnesota, which has been declining at an average annual rate of -3.4% from 2020 to 2025.

Has the Geophysical Services industry in Minnesota grown or declined over the past 5 years?

The market size of the Geophysical Services industry in Minnesota has been growing at an average annual rate of 10.4% from 2020 to 2025.

How many employees in the Geophysical Services industry in Minnesota in 2025?

There are 44 employees in the Geophysical Services industry in Minnesota, which has been growing at an average annual rate of 12.0% from 2020 to 2025.