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Directional Drilling Services Market

Directional Drilling Services Market

Directional Drilling Services Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

190

Base Year:

2023

Date

Aug - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0467

Segments Covered
  • By Application By Application Onshore, Offshore
  • By Type By Type Conventional, Rotary Steerable System
  • By Services By Services Rotary Steerable System (RSS), Logging-While-Drilling (LWD), Measurement-While-Drilling (MWD) & Survey, Motors (MUD Motors), Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 2.51 Billion
Revenue 2032Revenue 2032: USD 3.72 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 4.5%
Fastest Growing Region Fastest Growing Region (2024 - 2032) Asia Pacific
Largest Region Largest Region (2023): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Directional Drilling Services Market - Segment Analysis
    1. Overview
    2. Global Directional Drilling Services Market, 2016 - 2028 (USD Million)
    3. Global Directional Drilling Services Market - by Application
      1. By Onshore
      2. By Offshore
    4. Global Directional Drilling Services Market - by Type
      1. By Conventional
      2. By Rotary Steerable System
    5. Global Directional Drilling Services Market - by Services
      1. By Rotary Steerable System (RSS)
      2. By Logging-While-Drilling (LWD)
      3. By Measurement-While-Drilling (MWD) & Survey
      4. By Motors (MUD Motors)
      5. By Others
    6. Global Directional Drilling Services Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Directional Drilling Services Market - Segment Analysis
    1. Overview
    2. North America Directional Drilling Services Market, 2016 - 2028 (USD Million)
    3. North America Directional Drilling Services Market, by Application
      1. By Onshore
      2. By Offshore
    4. North America Directional Drilling Services Market, by Type
      1. By Conventional
      2. By Rotary Steerable System
    5. North America Directional Drilling Services Market, by Services
      1. By Rotary Steerable System (RSS)
      2. By Logging-While-Drilling (LWD)
      3. By Measurement-While-Drilling (MWD) & Survey
      4. By Motors (MUD Motors)
      5. By Others
    6. North America Directional Drilling Services Market, by Country
      1. U.S.
        1. U.S. Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. U.S. Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. U.S. Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      2. Canada
        1. Canada Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Canada Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Canada Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      3. Mexico
        1. Mexico Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Mexico Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Mexico Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
  5. Europe Directional Drilling Services Market - Segment Analysis
    1. Overview
    2. Europe Directional Drilling Services Market, 2016 - 2028 (USD Million)
    3. Europe Directional Drilling Services Market, by Application
      1. By Onshore
      2. By Offshore
    4. Europe Directional Drilling Services Market, by Type
      1. By Conventional
      2. By Rotary Steerable System
    5. Europe Directional Drilling Services Market, by Services
      1. By Rotary Steerable System (RSS)
      2. By Logging-While-Drilling (LWD)
      3. By Measurement-While-Drilling (MWD) & Survey
      4. By Motors (MUD Motors)
      5. By Others
    6. Europe Directional Drilling Services Market, by Country
      1. Germany
        1. Germany Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Germany Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Germany Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      2. UK
        1. UK Market, By Application
          1. By Onshore
          2. By Offshore
        2. UK Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. UK Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      3. France
        1. France Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. France Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. France Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      4. Spain
        1. Spain Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Spain Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Spain Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      5. Italy
        1. Italy Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Italy Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Italy Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      6. BENELUX
        1. BENELUX Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. BENELUX Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. BENELUX Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      7. Rest of Europe
        1. Rest Of Europe Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Rest Of Europe Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Rest Of Europe Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
  6. Asia Pacific Directional Drilling Services Market - Segment Analysis
    1. Overview
    2. Asia Pacific Directional Drilling Services Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Directional Drilling Services Market, by Application
      1. By Onshore
      2. By Offshore
    4. Asia Pacific Directional Drilling Services Market, by Type
      1. By Conventional
      2. By Rotary Steerable System
    5. Asia Pacific Directional Drilling Services Market, by Services
      1. By Rotary Steerable System (RSS)
      2. By Logging-While-Drilling (LWD)
      3. By Measurement-While-Drilling (MWD) & Survey
      4. By Motors (MUD Motors)
      5. By Others
    6. Asia Pacific Directional Drilling Services Market, by Country
      1. China
        1. China Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. China Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. China Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      2. Japan
        1. Japan Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Japan Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Japan Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      3. India
        1. India Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. India Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. India Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      4. South Korea
        1. South Korea Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. South Korea Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. South Korea Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      5. South East Asia
        1. South East Asia Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. South East Asia Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. South East Asia Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Rest of Asia Pacific Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Rest of Asia Pacific Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
  7. Latin America Directional Drilling Services Market - Segment Analysis
    1. Overview
    2. Latin America Directional Drilling Services Market, 2016 - 2028 (USD Million)
    3. Latin America Directional Drilling Services Market, by Application
      1. By Onshore
      2. By Offshore
    4. Latin America Directional Drilling Services Market, by Type
      1. By Conventional
      2. By Rotary Steerable System
    5. Latin America Directional Drilling Services Market, by Services
      1. By Rotary Steerable System (RSS)
      2. By Logging-While-Drilling (LWD)
      3. By Measurement-While-Drilling (MWD) & Survey
      4. By Motors (MUD Motors)
      5. By Others
    6. Latin America Directional Drilling Services Market, by Country
      1. Brazil
        1. Brazil Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Brazil Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Brazil Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      2. Argentina
        1. Argentina Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Argentina Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Argentina Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      3. Rest of Latin America
        1. Rest of Latin America Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Rest of Latin America Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Rest of Latin America Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
  8. Middle East & Africa Directional Drilling Services Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Directional Drilling Services Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Directional Drilling Services Market, by Application
      1. By Onshore
      2. By Offshore
    4. Middle East & Africa Directional Drilling Services Market, by Type
      1. By Conventional
      2. By Rotary Steerable System
    5. Middle East & Africa Directional Drilling Services Market, by Services
      1. By Rotary Steerable System (RSS)
      2. By Logging-While-Drilling (LWD)
      3. By Measurement-While-Drilling (MWD) & Survey
      4. By Motors (MUD Motors)
      5. By Others
    6. Middle East & Africa Directional Drilling Services Market, by Country
      1. GCC Countries
        1. GCC Countries Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. GCC Countries Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. GCC Countries Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      2. South Africa
        1. South Africa Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. South Africa Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. South Africa Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Directional Drilling Services Market, By Application
          1. By Onshore
          2. By Offshore
        2. Rest of Middle East & Africa Directional Drilling Services Market, By Type
          1. By Conventional
          2. By Rotary Steerable System
        3. Rest of Middle East & Africa Directional Drilling Services Market, By Services
          1. By Rotary Steerable System (RSS)
          2. By Logging-While-Drilling (LWD)
          3. By Measurement-While-Drilling (MWD) & Survey
          4. By Motors (MUD Motors)
          5. By Others
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. National Oilwell Varco Inc.
    2. Ge Oil & Gas
    3. Cathedral Energy Services Ltd.
    4. Baker Hughes Incorporated
    5. Schlumberger Limited
    6. Leam Drilling Systems LLC.
    7. Halliburton Company
    8. Scientific Drilling International
    9. Nabors Industries Ltd.
    10. Weatherford International PLC.
    11. Jindal Drilling & Industries Limited
    12. Gyrodata Incorporated.
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • The global Directional Drilling Services valued at USD 2.51 Billion in 2023 and is expected to reach USD 3.72 Billion in 2032 growing at a CAGR of 4.5%.

  • The prominent players in the market are National Oilwell Varco Inc., Ge Oil & Gas, Cathedral Energy Services Ltd., Baker Hughes Incorporated, Schlumberger Limited, Leam Drilling Systems LLC., Halliburton Company, Scientific Drilling International, Nabors Industries Ltd., Weatherford International PLC., Jindal Drilling & Industries Limited, Gyrodata Incorporated..

  • The market is project to grow at a CAGR of 4.5% between 2024 and 2032.

  • The driving factors of the Directional Drilling Services include

  • North America was the leading regional segment of the Directional Drilling Services in 2023.