
Directional Drilling Services Market by Drilling Technique (Conventional Methods, Rotary Steerable System), Service Type (Logging-While-Drilling, Measurement-While-Drilling, Motors), Application, End User - Global Forecast 2024-2030
Description
Directional Drilling Services Market by Drilling Technique (Conventional Methods, Rotary Steerable System), Service Type (Logging-While-Drilling, Measurement-While-Drilling, Motors), Application, End User - Global Forecast 2024-2030
The Directional Drilling Services Market size was estimated at USD 9.33 billion in 2023 and expected to reach USD 9.91 billion in 2024, at a CAGR 5.18% to reach USD 13.29 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Directional Drilling Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Directional Drilling Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Directional Drilling Services Market, highlighting leading vendors and their innovative profiles. These include Archer Ltd., Asian Oilfield Services Limited, Baker Hughes Company, Barbco, Inc., Bench Tree, Cathedral Energy Services Ltd., China Oilfield Services Limited, Cougar Drilling Solutions, Creighton Rock Drill Ltd., Directional Drilling Services, Inc., EXALO DRILLING S.A., General Electric Company, Gyrodata Incorporated, Halliburton Company, Herrenknecht AG, Jindal Drilling & Industries Limited, LEAM Drilling Systems, Inc., Nabors Industries Ltd., NOV Inc., Phoenix Technology Services, Precision Drilling Corporation, Schlumberger Limited, Scientific Drilling International Inc., Valiant Energy Service, Vertex Downhole Ltd., and Weatherford International PLC.
Market Segmentation & Coverage
This research report categorizes the Directional Drilling Services Market to forecast the revenues and analyze trends in each of the following sub-markets:
Drilling Technique
Conventional Methods
Rotary Steerable System
Service Type
Logging-While-Drilling
Measurement-While-Drilling
Motors
Rotary Steerable System
Application
Offshore
Onshore
End User
Environmental Remediation Casings
Gas Lines
Oil Lines
Product Pipelines
Sewer Lines
Telecom & Power Cable Conduits
Water Lines
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Directional Drilling Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Directional Drilling Services Market?
3. What are the technology trends and regulatory frameworks in the Directional Drilling Services Market?
4. What is the market share of the leading vendors in the Directional Drilling Services Market?
5. Which modes and strategic moves are suitable for entering the Directional Drilling Services Market?PDF E-mail From Publisher (2-5)Users License
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Directional Drilling Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing consumption of oil and gas and need for efficient drilling processes
- 5.1.1.2. Growing demand for directional drilling services to reduce the environmental impact of drilling operations
- 5.1.1.3. Rising investment in infrastructure development and growth in geothermal energy projects
- 5.1.2. Restraints
- 5.1.2.1. High installation cost and complex operational process of drilling equipment
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in the drilling technology with new sensors and automation technologies
- 5.1.3.2. Introduction of customized directional drilling equipment and services
- 5.1.4. Challenges
- 5.1.4.1. Concerns associated with safety of drilling services
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Directional Drilling Services Market, by Drilling Technique
- 6.1. Introduction
- 6.2. Conventional Methods
- 6.3. Rotary Steerable System
- 7. Directional Drilling Services Market, by Service Type
- 7.1. Introduction
- 7.2. Logging-While-Drilling
- 7.3. Measurement-While-Drilling
- 7.4. Motors
- 7.5. Rotary Steerable System
- 8. Directional Drilling Services Market, by Application
- 8.1. Introduction
- 8.2. Offshore
- 8.3. Onshore
- 9. Directional Drilling Services Market, by End User
- 9.1. Introduction
- 9.2. Environmental Remediation Casings
- 9.3. Gas Lines
- 9.4. Oil Lines
- 9.5. Product Pipelines
- 9.6. Sewer Lines
- 9.7. Telecom & Power Cable Conduits
- 9.8. Water Lines
- 10. Americas Directional Drilling Services Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Directional Drilling Services Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Directional Drilling Services Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Archer Ltd.
- 14.1.2. Asian Oilfield Services Limited
- 14.1.3. Baker Hughes Company
- 14.1.4. Barbco, Inc.
- 14.1.5. Bench Tree
- 14.1.6. Cathedral Energy Services Ltd.
- 14.1.7. China Oilfield Services Limited
- 14.1.8. Cougar Drilling Solutions
- 14.1.9. Creighton Rock Drill Ltd.
- 14.1.10. Directional Drilling Services, Inc.
- 14.1.11. EXALO DRILLING S.A.
- 14.1.12. General Electric Company
- 14.1.13. Gyrodata Incorporated
- 14.1.14. Halliburton Company
- 14.1.15. Herrenknecht AG
- 14.1.16. Jindal Drilling & Industries Limited
- 14.1.17. LEAM Drilling Systems, Inc.
- 14.1.18. Nabors Industries Ltd.
- 14.1.19. NOV Inc.
- 14.1.20. Phoenix Technology Services
- 14.1.21. Precision Drilling Corporation
- 14.1.22. Schlumberger Limited
- 14.1.23. Scientific Drilling International Inc.
- 14.1.24. Valiant Energy Service
- 14.1.25. Vertex Downhole Ltd.
- 14.1.26. Weatherford International PLC
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. DIRECTIONAL DRILLING SERVICES MARKET RESEARCH PROCESS
- FIGURE 2. DIRECTIONAL DRILLING SERVICES MARKET SIZE, 2023 VS 2030
- FIGURE 3. DIRECTIONAL DRILLING SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. DIRECTIONAL DRILLING SERVICES MARKET DYNAMICS
- FIGURE 7. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY DRILLING TECHNIQUE, 2023 VS 2030 (%)
- FIGURE 8. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY DRILLING TECHNIQUE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2030 (%)
- FIGURE 10. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY END USER, 2023 VS 2030 (%)
- FIGURE 14. DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. DIRECTIONAL DRILLING SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. DIRECTIONAL DRILLING SERVICES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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