Report overview
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.
This report contains market size and forecasts of Directional Drilling Services in Global, including the following market information:
Global Directional Drilling Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Directional Drilling Services market was valued at 10560 million in 2021 and is projected to reach US$ 11590 million by 2028, at a CAGR of 1.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Logging While Drilling (LWD) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Directional Drilling Services include Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, Weatherford International PLc., National Oilwell Varco, GE Oil & Gas, Nabors Industries Ltd., Cathedral Energy Services Ltd. and Jindal Drilling & Industries Limited, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Directional Drilling Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Directional Drilling Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Directional Drilling Services Market Segment Percentages, by Type, 2021 (%)
Logging While Drilling (LWD)
Measurement While Drilling (MWD) & survey
Rotary Steerable System (RSS)
Motors
Others
Global Directional Drilling Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Directional Drilling Services Market Segment Percentages, by Application, 2021 (%)
Onshore
Offshore
Global Directional Drilling Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Directional Drilling 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 Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Directional Drilling Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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.
