Directional Drilling Services Market 2028 Type, Service, Application and Geography | The Insight Partners

Directional Drilling Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Conventional, Rotary Steerable System); Service (Rotary Steerable System (RSS), Logging-While-Drilling(LWD), Measurement-While-Drilling (MWD) and Survey, Motors (MUD Motors), Others); Application (Onshore, Offshore) and Geography

Report Code: TIPRE00014556 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming

MARKET INTRODUCTION

Rising demand for energy and new oilfield discoveries are driving the growth of the directional drilling services market. Increasing demand for crude oil across the globe is growing the oil and gas exploration, which raising demand for the directional drilling services market. Technological improvement and growing deep water and ultra-deepwater projects are also augmenting in the growth of the directional drilling services market.

MARKET DYNAMICS

Growing demand for chemical and petrochemical products and increasing exploration and production activities are increasing demand for the drilling services, which propels the growth of the directional drilling services market. However, stringent government rules and regulation on oil and gas field development is the major restraint for the growth of the directional drilling services market. Ongoing shale gas developments, and increasing directional drilling activities across the globe are expected to grow the demand for directional drilling services market

MARKET SCOPE

The "Global Directional Drilling Services Market Analysis to 2028" is a specialized and in-depth study of the directional drilling services market with a special focus on the global market trend analysis. The report aims to provide an overview of directional drilling services market with detailed market segmentation by type, service, application. The global directional drilling services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading directional drilling services market players and offers key trends and opportunities in the directional drilling services market.

MARKET SEGMENTATION

The global directional drilling services market is segmented on the basis of type, service, application. On the basis of type, the market is segmented as conventional, rotary steerable system. On the basis of service, the market is segmented as rotary steerable system (RSS), logging-while-drilling (LWD), measurement-while-drilling (MWD) and survey, motors (Mud Motors), others. On the basis of application, the market is segmented as onshore, offshore.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global directional drilling services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The directional drilling services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

`The report analyzes factors affecting directional drilling services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the directional drilling services market in these regions.



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MARKET PLAYERS


The reports cover key developments in the directional drilling services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from directional drilling services market are anticipated to lucrative growth opportunities in the future with the rising demand for directional drilling services market. Below mentioned is the list of few companies engaged in the directional drilling services market.

The report also includes the profiles of key directional drilling services market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Baker Hughes (General Electric Company)
  •   Crescent Directional Drilling, LP
  •   Gyrodata
  •   Halliburton
  •   Jindal Drilling and Industries Limited (JDIL)
  •   Nabors Industries Ltd.
  •   National Energy Services Reunited Corp.
  •   National Oilwell Varco
  •   Schlumberger Limited
  •   Weatherford

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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The List of Companies

1. Baker Hughes (General Electric Company)
2. Crescent Directional Drilling, LP
3. Gyrodata
4. Halliburton
5. Jindal Drilling and Industries Limited (JDIL)
6. Nabors Industries Ltd.
7. National Energy Services Reunited Corp.
8. National Oilwell Varco
9. Schlumberger Limited
10. Weatherford
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