Report overview
Drilling services is a key service component of the oil & gas exploration and production life cycle. Drilling services include solutions for drilling wells in a safe, fast, and optimized way by increasing drilling efficiency and minimizing production down time.
This report aims to provide a comprehensive presentation of the global market for Drilling Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drilling Services. This report contains market size and forecasts of Drilling Services in global, including the following market information:
Global Drilling Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Drilling Services market was valued at US$ 8241.6 million in 2022 and is projected to reach US$ 11730 million by 2029, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This industry is affected by the economy and policy, so it?s important to put an eye to economic indexes and leaders? prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need will increase.
We surveyed the 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 Drilling Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Drilling Services Market Segment Percentages, by Type, 2022 (%)
Contract Drilling
Directional Drilling
Logging While Drilling (LWD)
Drilling Waste Management
Global Drilling Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Drilling Services Market Segment Percentages, by Application, 2022 (%)
Onshore
Offshore
Global Drilling Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Drilling Services Market Segment Percentages, By Region and Country, 2022 (%)
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 Drilling Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Drilling Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE(Baker Hughes)
Weatherford International Plc.
Schlumberger Limited
Superior Energy Services Inc.
Transocean Limited
Halliburton Co.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Drilling Services, market overview.
Chapter 2: Global Drilling Services market size in revenue.
Chapter 3: Detailed analysis of Drilling Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Drilling Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.