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Drilling Services Market Size, Share 2023
Market size in 2022 |
US$ 8241.6 million
|
Forecast Market size by 2029 |
US$ 11730 million
|
Growth Rate |
CAGR of 5.2% |
Number of Pages |
66 Pages |
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.
Report Attributes |
Report Details |
Report Title |
Drilling Services Market, Global Outlook and Forecast 2023-2029 |
Market size in 2022 |
US$ 8241.6 million
|
Forecast Market size by 2029 |
US$ 11730 million
|
Growth Rate |
CAGR of 5.2% |
Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year |
2022 |
Forecast Year |
2030 |
Number of Pages |
66 Pages |
Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Drilling Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Drilling Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Drilling Services Overall Market Size
2.1 Global Drilling Services Market Size: 2022 VS 2029
2.2 Global Drilling Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Drilling Services Players in Global Market
3.2 Top Global Drilling Services Companies Ranked by Revenue
3.3 Global Drilling Services Revenue by Companies
3.4 Top 3 and Top 5 Drilling Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Drilling Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Drilling Services Players in Global Market
3.6.1 List of Global Tier 1 Drilling Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Drilling Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Drilling Services Market Size Markets, 2022 & 2029
4.1.2 Contract Drilling
4.1.3 Directional Drilling
4.1.4 Logging While Drilling (LWD)
4.1.5 Drilling Waste Management
4.2 By Type - Global Drilling Services Revenue & Forecasts
4.2.1 By Type - Global Drilling Services Revenue, 2018-2023
4.2.2 By Type - Global Drilling Services Revenue, 2024-2029
4.2.3 By Type - Global Drilling Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Drilling Services Market Size, 2022 & 2029
5.1.2 Onshore
5.1.3 Offshore
5.2 By Application - Global Drilling Services Revenue & Forecasts
5.2.1 By Application - Global Drilling Services Revenue, 2018-2023
5.2.2 By Application - Global Drilling Services Revenue, 2024-2029
5.2.3 By Application - Global Drilling Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Drilling Services Market Size, 2022 & 2029
6.2 By Region - Global Drilling Services Revenue & Forecasts
6.2.1 By Region - Global Drilling Services Revenue, 2018-2023
6.2.2 By Region - Global Drilling Services Revenue, 2024-2029
6.2.3 By Region - Global Drilling Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Drilling Services Revenue, 2018-2029
6.3.2 US Drilling Services Market Size, 2018-2029
6.3.3 Canada Drilling Services Market Size, 2018-2029
6.3.4 Mexico Drilling Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Drilling Services Revenue, 2018-2029
6.4.2 Germany Drilling Services Market Size, 2018-2029
6.4.3 France Drilling Services Market Size, 2018-2029
6.4.4 U.K. Drilling Services Market Size, 2018-2029
6.4.5 Italy Drilling Services Market Size, 2018-2029
6.4.6 Russia Drilling Services Market Size, 2018-2029
6.4.7 Nordic Countries Drilling Services Market Size, 2018-2029
6.4.8 Benelux Drilling Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Drilling Services Revenue, 2018-2029
6.5.2 China Drilling Services Market Size, 2018-2029
6.5.3 Japan Drilling Services Market Size, 2018-2029
6.5.4 South Korea Drilling Services Market Size, 2018-2029
6.5.5 Southeast Asia Drilling Services Market Size, 2018-2029
6.5.6 India Drilling Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Drilling Services Revenue, 2018-2029
6.6.2 Brazil Drilling Services Market Size, 2018-2029
6.6.3 Argentina Drilling Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Drilling Services Revenue, 2018-2029
6.7.2 Turkey Drilling Services Market Size, 2018-2029
6.7.3 Israel Drilling Services Market Size, 2018-2029
6.7.4 Saudi Arabia Drilling Services Market Size, 2018-2029
6.7.5 UAE Drilling Services Market Size, 2018-2029
7 Drilling Services Companies Profiles
7.1 GE(Baker Hughes)
7.1.1 GE(Baker Hughes) Company Summary
7.1.2 GE(Baker Hughes) Business Overview
7.1.3 GE(Baker Hughes) Drilling Services Major Product Offerings
7.1.4 GE(Baker Hughes) Drilling Services Revenue in Global Market (2018-2023)
7.1.5 GE(Baker Hughes) Key News & Latest Developments
7.2 Weatherford International Plc.
7.2.1 Weatherford International Plc. Company Summary
7.2.2 Weatherford International Plc. Business Overview
7.2.3 Weatherford International Plc. Drilling Services Major Product Offerings
7.2.4 Weatherford International Plc. Drilling Services Revenue in Global Market (2018-2023)
7.2.5 Weatherford International Plc. Key News & Latest Developments
7.3 Schlumberger Limited
7.3.1 Schlumberger Limited Company Summary
7.3.2 Schlumberger Limited Business Overview
7.3.3 Schlumberger Limited Drilling Services Major Product Offerings
7.3.4 Schlumberger Limited Drilling Services Revenue in Global Market (2018-2023)
7.3.5 Schlumberger Limited Key News & Latest Developments
7.4 Superior Energy Services Inc.
7.4.1 Superior Energy Services Inc. Company Summary
7.4.2 Superior Energy Services Inc. Business Overview
7.4.3 Superior Energy Services Inc. Drilling Services Major Product Offerings
7.4.4 Superior Energy Services Inc. Drilling Services Revenue in Global Market (2018-2023)
7.4.5 Superior Energy Services Inc. Key News & Latest Developments
7.5 Transocean Limited
7.5.1 Transocean Limited Company Summary
7.5.2 Transocean Limited Business Overview
7.5.3 Transocean Limited Drilling Services Major Product Offerings
7.5.4 Transocean Limited Drilling Services Revenue in Global Market (2018-2023)
7.5.5 Transocean Limited Key News & Latest Developments
7.6 Halliburton Co.
7.6.1 Halliburton Co. Company Summary
7.6.2 Halliburton Co. Business Overview
7.6.3 Halliburton Co. Drilling Services Major Product Offerings
7.6.4 Halliburton Co. Drilling Services Revenue in Global Market (2018-2023)
7.6.5 Halliburton Co. Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Drilling Services Market Opportunities & Trends in Global Market
Table 2. Drilling Services Market Drivers in Global Market
Table 3. Drilling Services Market Restraints in Global Market
Table 4. Key Players of Drilling Services in Global Market
Table 5. Top Drilling Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Drilling Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Drilling Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Drilling Services Product Type
Table 9. List of Global Tier 1 Drilling Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Drilling Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Drilling Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Drilling Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Drilling Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Drilling Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Drilling Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Drilling Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Drilling Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Drilling Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Drilling Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Drilling Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Drilling Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Drilling Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Drilling Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Drilling Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Drilling Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Drilling Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Drilling Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Drilling Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Drilling Services Revenue, (US$, Mn), 2024-2029
Table 30. GE(Baker Hughes) Company Summary
Table 31. GE(Baker Hughes) Drilling Services Product Offerings
Table 32. GE(Baker Hughes) Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 33. GE(Baker Hughes) Key News & Latest Developments
Table 34. Weatherford International Plc. Company Summary
Table 35. Weatherford International Plc. Drilling Services Product Offerings
Table 36. Weatherford International Plc. Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 37. Weatherford International Plc. Key News & Latest Developments
Table 38. Schlumberger Limited Company Summary
Table 39. Schlumberger Limited Drilling Services Product Offerings
Table 40. Schlumberger Limited Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 41. Schlumberger Limited Key News & Latest Developments
Table 42. Superior Energy Services Inc. Company Summary
Table 43. Superior Energy Services Inc. Drilling Services Product Offerings
Table 44. Superior Energy Services Inc. Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 45. Superior Energy Services Inc. Key News & Latest Developments
Table 46. Transocean Limited Company Summary
Table 47. Transocean Limited Drilling Services Product Offerings
Table 48. Transocean Limited Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 49. Transocean Limited Key News & Latest Developments
Table 50. Halliburton Co. Company Summary
Table 51. Halliburton Co. Drilling Services Product Offerings
Table 52. Halliburton Co. Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 53. Halliburton Co. Key News & Latest Developments
List of Figures
Figure 1. Drilling Services Segment by Type in 2022
Figure 2. Drilling Services Segment by Application in 2022
Figure 3. Global Drilling Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Drilling Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Drilling Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Drilling Services Revenue in 2022
Figure 8. By Type - Global Drilling Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global Drilling Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global Drilling Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Drilling Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global Drilling Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Drilling Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global Drilling Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America Drilling Services Revenue Market Share, 2018-2029
Figure 16. US Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Drilling Services Revenue Market Share, 2018-2029
Figure 20. Germany Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 21. France Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Drilling Services Revenue Market Share, 2018-2029
Figure 28. China Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 32. India Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Drilling Services Revenue Market Share, 2018-2029
Figure 34. Brazil Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Drilling Services Revenue Market Share, 2018-2029
Figure 37. Turkey Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 41. GE(Baker Hughes) Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Weatherford International Plc. Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Schlumberger Limited Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Superior Energy Services Inc. Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Transocean Limited Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Halliburton Co. Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)