Directional drilling or slant drilling is a method of drilling non-vertical drills. Directional drilling is used for various purposes including to increase the number of wells from a single location, increase access to remote surface locations, and others.
This report contains market size and forecasts of Directional Drilling Solutions & Services in global, including the following market information:
Global Directional Drilling Solutions & Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Directional Drilling Solutions & Services Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Directional Drilling Solutions & Services companies in 2021 (%)
The global Directional Drilling Solutions & Services market was valued at 10400 million in 2021 and is projected to reach US$ 12280 million by 2028, at a CAGR of 2.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
MWD Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Directional Drilling Solutions & Services include Schlumberger, Key Strategies, Halliburton, Downhole Drilling Services, Segofs Energy Services, General Electric, KAMBI Enterprises, Tolteq Group and APS Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Directional Drilling Solutions & Services manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Directional Drilling Solutions & Services Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Directional Drilling Solutions & Services Market Segment Percentages, by Type, 2021 (%)
MWD Services
LWD Services
Rotary Steerable System (RSS) Services
Repair & Maintenance Services
Consulting & Other Services
Global Directional Drilling Solutions & Services Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Directional Drilling Solutions & Services Market Segment Percentages, by Application, 2021 (%)
Onshore
Offshore
Global Directional Drilling Solutions & Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Directional Drilling Solutions & Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Directional Drilling Solutions & Services revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Directional Drilling Solutions & Services revenues share in global market, 2021 (%)
Key companies Directional Drilling Solutions & Services sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Directional Drilling Solutions & Services sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Key Strategies
Halliburton
Downhole Drilling Services
Segofs Energy Services
General Electric
KAMBI Enterprises
Tolteq Group
APS Technology
Shanghai Oilfield Equipment
Beijing Geoshine Oilfield Technology Services
Compass Directional Guidance
Scientific Drilling International
CBG Corp
China Oilfield Services Limited (COSL)
Weatherford
Bench Tree
Newsco International Energy Services