Directional Drilling Services Market
Directional Drilling Services Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0467
Segments Covered
By
Application Onshore Applications, Offshore Applications
-
By
Service Rotary Steerable System (RSS), Logging-While-Drilling(LWD), Measurement-While-Drilling (MWD) & Survey, Motors (MUD Motors), Others
-
By
Type Conventional, Rotary Steerable System
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
2.3 Billion |
 Revenue 2028:
|
3.22 Billion |
 Revenue CAGR
(2021 - 2028): |
4.31 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Directional Drilling Services in terms of revenue?
-
The global Directional Drilling Services valued at 2.3 Billion in 2020 and is expected to reach 3.22 Billion in 2028 growing at a CAGR of 4.31%.
Which are the prominent players in the market?
-
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..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.31% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Directional Drilling Services include
- The demand for energy is increase in this current senario. With both the increasing population growth as well as higher standard of living for many people in developed and developing countries is generating strong growth in energy demand and supporting the growth of the marketb in the years to come.
- The increased advanced technological developments is anticipated to augment the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Directional Drilling Services in 2020.
