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Directional drilling is the practice of controlling the trajectory and deviation of the well during drilling operations, along a planned path to explore the oil from a targeted position in the typical geologic structural oilfields.
In terms of services, MWD & survey hold the largest market share in the directional drilling services market. In terms of applications, the market is dominated by onshore applications but offshore applications are expected to gain traction as well in the foreseeable future.
Market Analysis and Insights: Global Directional Drilling Services Market
The global Directional Drilling Services market size is projected to reach US$ 11330 million by 2027, from US$ 10270 million in 2020, at a CAGR of 1.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Directional Drilling Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Directional Drilling Services market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Directional Drilling Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Directional Drilling Services market.
Global Directional Drilling Services Scope and Market Size
Directional Drilling Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Directional Drilling Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Logging While Drilling (LWD)
Measurement While Drilling (MWD) & survey
Rotary Steerable System (RSS)
Motors
Others
Segment by Application
Onshore
Offshore
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Baker Hughes Incorporated
Halliburton Company
Schlumberger Limited
Weatherford International PLc.
National Oilwell Varco
GE Oil & Gas
Nabors Industries Ltd.
Cathedral Energy Services Ltd.
Jindal Drilling & Industries Limited
Gyrodata Incorporated
Scientific Drilling International
Leam Drilling Systems, LLC.
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