Rotary Steerable Systems Market 2027 Type, Application and Geography | The Insight Partners

Rotary Steerable Systems Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Push the Bit, Point the Bit); Application (Onshore, Offshore) and Geography

Report Code: TIPRE00010746 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming
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MARKET INTRODUCTION

A rotary steerable system (RSS) is a drilling technique used in the directional drilling process. It employs specialized downhole equipment to replace conventional directional instruments like mud motors. They are generally programmed by the drilling engineer (MWD) or directional driller who transmits controls using surface equipment (typically using either mud column pressure fluctuations or drill string rotation variations) to which the tool responds and steers gradually in the desired direction.

MARKET DYNAMICS

For over five years, rotary steerable systems have been on the market and have hundreds of successful runs and millions of feet of drilled to verify their reliability. The systems have shown that they can produce accurate results with less downtime with the proper drilling parameters and bit selection, and produce a cleaner, faster-drilled hole, and the smoother wellbore. Growing investment in directional drilling is one of the critical factors that will drive market growth for rotary steerable systems. Directional drilling is adopted for unconventional production of oil and gas, and offshore drilling. Companies are making significant investments in alternative drilling techniques, with increasing demand for oil and gas worldwide. PetroChina has already announced investments in stepping up shale gas production. Similarly, Chevron has also announced investments in its operational improvement process in the US of around USD 8 billion. In the coming years, the adoption of directional drilling will increase with such investments.

MARKET SCOPE

The "Global Rotary steerable systems Market Analysis To 2027" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The rotary steerable systems market report aims to provide an overview of the rotary steerable systems market with detailed market segmentation by type, application, and geography. The global rotary steerable systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rotary steerable systems market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global rotary steerable systems market is segmented on the basis of type, and application. On the basis of type, the rotary steerable systems market is segmented into: Push the Bit, and Point the Bit. Based on application, the rotary steerable systems market is segmented into: Onshore, and Offshore.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global rotary steerable systems market based on various segments. It also provides rotary steerable systems market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The rotary steerable systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the rotary steerable systems market from both demand and supply side and further evaluates market dynamics affecting 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& Central America after evaluating political, economic, social and technological factors affecting the rotary steerable systems market in these regions.



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MARKET PLAYERS


The reports cover key developments in the rotary steerable systems 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 the expansion of business and customer base of market players. The market players from rotary steerable systems market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the rotary steerable systems market.

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


  •  APS Technology, Inc
  •  Double Barrel RSS
  •  D-Tech Rotary Steerable
  •  Gyrodata
  •  Halliburton
  •  Huisman Equipment B.V.
  •  Nabors Industries Ltd.
  •  National Oilwell Varco
  •  Schlumberger Limited
  •  Weatherford


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Rotary Steerable Systems Market - By Type
1.3.2 Rotary Steerable Systems Market - By Application
1.3.3 Rotary Steerable Systems Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ROTARY STEERABLE SYSTEMS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. ROTARY STEERABLE SYSTEMS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. ROTARY STEERABLE SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. ROTARY STEERABLE SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. ROTARY STEERABLE SYSTEMS - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. ROTARY STEERABLE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2027 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PUSH THE BIT
7.3.1. Overview
7.3.2. Push the Bit Market Forecast and Analysis
7.4. POINT THE BIT
7.4.1. Overview
7.4.2. Point the Bit Market Forecast and Analysis
8. ROTARY STEERABLE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ONSHORE
8.3.1. Overview
8.3.2. Onshore Market Forecast and Analysis
8.4. OFFSHORE
8.4.1. Overview
8.4.2. Offshore Market Forecast and Analysis

9. ROTARY STEERABLE SYSTEMS MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Rotary Steerable Systems Market Overview
9.1.2 North America Rotary Steerable Systems Market Forecasts and Analysis
9.1.3 North America Rotary Steerable Systems Market Forecasts and Analysis - By Type
9.1.4 North America Rotary Steerable Systems Market Forecasts and Analysis - By Application
9.1.5 North America Rotary Steerable Systems Market Forecasts and Analysis - By Countries
9.1.5.1 United States Rotary Steerable Systems Market
9.1.5.1.1 United States Rotary Steerable Systems Market by Type
9.1.5.1.2 United States Rotary Steerable Systems Market by Application
9.1.5.2 Canada Rotary Steerable Systems Market
9.1.5.2.1 Canada Rotary Steerable Systems Market by Type
9.1.5.2.2 Canada Rotary Steerable Systems Market by Application
9.1.5.3 Mexico Rotary Steerable Systems Market
9.1.5.3.1 Mexico Rotary Steerable Systems Market by Type
9.1.5.3.2 Mexico Rotary Steerable Systems Market by Application
9.2. EUROPE
9.2.1 Europe Rotary Steerable Systems Market Overview
9.2.2 Europe Rotary Steerable Systems Market Forecasts and Analysis
9.2.3 Europe Rotary Steerable Systems Market Forecasts and Analysis - By Type
9.2.4 Europe Rotary Steerable Systems Market Forecasts and Analysis - By Application
9.2.5 Europe Rotary Steerable Systems Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Rotary Steerable Systems Market
9.2.5.1.1 Germany Rotary Steerable Systems Market by Type
9.2.5.1.2 Germany Rotary Steerable Systems Market by Application
9.2.5.2 France Rotary Steerable Systems Market
9.2.5.2.1 France Rotary Steerable Systems Market by Type
9.2.5.2.2 France Rotary Steerable Systems Market by Application
9.2.5.3 Italy Rotary Steerable Systems Market
9.2.5.3.1 Italy Rotary Steerable Systems Market by Type
9.2.5.3.2 Italy Rotary Steerable Systems Market by Application
9.2.5.4 United Kingdom Rotary Steerable Systems Market
9.2.5.4.1 United Kingdom Rotary Steerable Systems Market by Type
9.2.5.4.2 United Kingdom Rotary Steerable Systems Market by Application
9.2.5.5 Russia Rotary Steerable Systems Market
9.2.5.5.1 Russia Rotary Steerable Systems Market by Type
9.2.5.5.2 Russia Rotary Steerable Systems Market by Application
9.2.5.6 Rest of Europe Rotary Steerable Systems Market
9.2.5.6.1 Rest of Europe Rotary Steerable Systems Market by Type
9.2.5.6.2 Rest of Europe Rotary Steerable Systems Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Rotary Steerable Systems Market Overview
9.3.2 Asia-Pacific Rotary Steerable Systems Market Forecasts and Analysis
9.3.3 Asia-Pacific Rotary Steerable Systems Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Rotary Steerable Systems Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Rotary Steerable Systems Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Rotary Steerable Systems Market
9.3.5.1.1 Australia Rotary Steerable Systems Market by Type
9.3.5.1.2 Australia Rotary Steerable Systems Market by Application
9.3.5.2 China Rotary Steerable Systems Market
9.3.5.2.1 China Rotary Steerable Systems Market by Type
9.3.5.2.2 China Rotary Steerable Systems Market by Application
9.3.5.3 India Rotary Steerable Systems Market
9.3.5.3.1 India Rotary Steerable Systems Market by Type
9.3.5.3.2 India Rotary Steerable Systems Market by Application
9.3.5.4 Japan Rotary Steerable Systems Market
9.3.5.4.1 Japan Rotary Steerable Systems Market by Type
9.3.5.4.2 Japan Rotary Steerable Systems Market by Application
9.3.5.5 South Korea Rotary Steerable Systems Market
9.3.5.5.1 South Korea Rotary Steerable Systems Market by Type
9.3.5.5.2 South Korea Rotary Steerable Systems Market by Application
9.3.5.6 Rest of Asia-Pacific Rotary Steerable Systems Market
9.3.5.6.1 Rest of Asia-Pacific Rotary Steerable Systems Market by Type
9.3.5.6.2 Rest of Asia-Pacific Rotary Steerable Systems Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Rotary Steerable Systems Market Overview
9.4.2 Middle East and Africa Rotary Steerable Systems Market Forecasts and Analysis
9.4.3 Middle East and Africa Rotary Steerable Systems Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Rotary Steerable Systems Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Rotary Steerable Systems Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Rotary Steerable Systems Market
9.4.5.1.1 South Africa Rotary Steerable Systems Market by Type
9.4.5.1.2 South Africa Rotary Steerable Systems Market by Application
9.4.5.2 Saudi Arabia Rotary Steerable Systems Market
9.4.5.2.1 Saudi Arabia Rotary Steerable Systems Market by Type
9.4.5.2.2 Saudi Arabia Rotary Steerable Systems Market by Application
9.4.5.3 U.A.E Rotary Steerable Systems Market
9.4.5.3.1 U.A.E Rotary Steerable Systems Market by Type
9.4.5.3.2 U.A.E Rotary Steerable Systems Market by Application
9.4.5.4 Rest of Middle East and Africa Rotary Steerable Systems Market
9.4.5.4.1 Rest of Middle East and Africa Rotary Steerable Systems Market by Type
9.4.5.4.2 Rest of Middle East and Africa Rotary Steerable Systems Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Rotary Steerable Systems Market Overview
9.5.2 South and Central America Rotary Steerable Systems Market Forecasts and Analysis
9.5.3 South and Central America Rotary Steerable Systems Market Forecasts and Analysis - By Type
9.5.4 South and Central America Rotary Steerable Systems Market Forecasts and Analysis - By Application
9.5.5 South and Central America Rotary Steerable Systems Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Rotary Steerable Systems Market
9.5.5.1.1 Brazil Rotary Steerable Systems Market by Type
9.5.5.1.2 Brazil Rotary Steerable Systems Market by Application
9.5.5.2 Argentina Rotary Steerable Systems Market
9.5.5.2.1 Argentina Rotary Steerable Systems Market by Type
9.5.5.2.2 Argentina Rotary Steerable Systems Market by Application
9.5.5.3 Rest of South and Central America Rotary Steerable Systems Market
9.5.5.3.1 Rest of South and Central America Rotary Steerable Systems Market by Type
9.5.5.3.2 Rest of South and Central America Rotary Steerable Systems Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. ROTARY STEERABLE SYSTEMS MARKET, KEY COMPANY PROFILES
11.1. APS TECHNOLOGY, INC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DOUBLE BARREL RSS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. D-TECH ROTARY STEERABLE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GYRODATA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HALLIBURTON
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HUISMAN EQUIPMENT B.V.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NABORS INDUSTRIES LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NATIONAL OILWELL VARCO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHLUMBERGER LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WEATHERFORD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. APS Technology, Inc
2. Double Barrel RSS
3. D-Tech Rotary Steerable
4. Gyrodata
5. Halliburton
6. Huisman Equipment B.V.
7. Nabors Industries Ltd.
8. National Oilwell Varco
9. Schlumberger Limited
10. Weatherford
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