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Directional Drilling Service-Global Market Insights and Sales Trends 2025
Synopsis
The global Directional Drilling Service market size is expected to reach US$ 10990 million by 2029, growing at a CAGR of 2.1% from 2023 to 2029. The market is mainly driven by the significant applications of Directional Drilling Service in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Directional Drilling Service market. Conventional System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rotary Steerable System segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Directional Drilling Service market, driven by demand from China, the second largest economy with some signs of stabilising, the Directional Drilling Service market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Directional Drilling Service, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Directional Drilling Service market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Directional Drilling Service market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Directional Drilling Service sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Directional Drilling Service covered in this report include GE Oil and Gas, Halliburton, Scientific Drilling International, DP Jindal Group, GE(Baker Hughes), National Oilwell Varco, Nabors Industries, Schlumberger Limited and Cathedral Energy Services, etc.
The global Directional Drilling Service market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE Oil and Gas
Halliburton
Scientific Drilling International
DP Jindal Group
GE(Baker Hughes)
National Oilwell Varco
Nabors Industries
Schlumberger Limited
Cathedral Energy Services
Weatherford International
Leam Drilling Systems
Jindal Drilling and Industries Limited
Gyrodata Incorporated
GB Directional Drilling Services
Quanta Services
Global Directional Drilling Service market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Directional Drilling Service market, Segment by Type:
Conventional System
Rotary Steerable System
Global Directional Drilling Service market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Directional Drilling Service companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Directional Drilling Service market size is expected to reach US$ 10990 million by 2029, growing at a CAGR of 2.1% from 2023 to 2029. The market is mainly driven by the significant applications of Directional Drilling Service in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Directional Drilling Service market. Conventional System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rotary Steerable System segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Directional Drilling Service market, driven by demand from China, the second largest economy with some signs of stabilising, the Directional Drilling Service market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Directional Drilling Service, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Directional Drilling Service market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Directional Drilling Service market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Directional Drilling Service sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Directional Drilling Service covered in this report include GE Oil and Gas, Halliburton, Scientific Drilling International, DP Jindal Group, GE(Baker Hughes), National Oilwell Varco, Nabors Industries, Schlumberger Limited and Cathedral Energy Services, etc.
The global Directional Drilling Service market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE Oil and Gas
Halliburton
Scientific Drilling International
DP Jindal Group
GE(Baker Hughes)
National Oilwell Varco
Nabors Industries
Schlumberger Limited
Cathedral Energy Services
Weatherford International
Leam Drilling Systems
Jindal Drilling and Industries Limited
Gyrodata Incorporated
GB Directional Drilling Services
Quanta Services
Global Directional Drilling Service market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Directional Drilling Service market, Segment by Type:
Conventional System
Rotary Steerable System
Global Directional Drilling Service market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Directional Drilling Service companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Directional Drilling Service
1.1 Directional Drilling Service Market Overview
1.1.1 Directional Drilling Service Product Scope
1.1.2 Directional Drilling Service Market Status and Outlook
1.2 Global Directional Drilling Service Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Directional Drilling Service Market Size by Region (2018-2029)
1.4 Global Directional Drilling Service Historic Market Size by Region (2018-2023)
1.5 Global Directional Drilling Service Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Directional Drilling Service Market Size (2018-2029)
1.6.1 North America Directional Drilling Service Market Size (2018-2029)
1.6.2 Europe Directional Drilling Service Market Size (2018-2029)
1.6.3 Asia-Pacific Directional Drilling Service Market Size (2018-2029)
1.6.4 Latin America Directional Drilling Service Market Size (2018-2029)
1.6.5 Middle East & Africa Directional Drilling Service Market Size (2018-2029)
2 Directional Drilling Service Market by Type
2.1 Introduction
2.1.1 Conventional System
2.1.2 Rotary Steerable System
2.2 Global Directional Drilling Service Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Directional Drilling Service Historic Market Size by Type (2018-2023)
2.2.2 Global Directional Drilling Service Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Directional Drilling Service Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Directional Drilling Service Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Directional Drilling Service Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Directional Drilling Service Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Directional Drilling Service Revenue Breakdown by Type (2018-2029)
3 Directional Drilling Service Market Overview by Application
3.1 Introduction
3.1.1 Onshore
3.1.2 Offshore
3.2 Global Directional Drilling Service Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Directional Drilling Service Historic Market Size by Application (2018-2023)
3.2.2 Global Directional Drilling Service Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Directional Drilling Service Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Directional Drilling Service Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Directional Drilling Service Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Directional Drilling Service Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Directional Drilling Service Revenue Breakdown by Application (2018-2029)
4 Directional Drilling Service Competition Analysis by Players
4.1 Global Directional Drilling Service Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Directional Drilling Service as of 2022)
4.3 Date of Key Players Enter into Directional Drilling Service Market
4.4 Global Top Players Directional Drilling Service Headquarters and Area Served
4.5 Key Players Directional Drilling Service Product Solution and Service
4.6 Competitive Status
4.6.1 Directional Drilling Service Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 GE Oil and Gas
5.1.1 GE Oil and Gas Profile
5.1.2 GE Oil and Gas Main Business
5.1.3 GE Oil and Gas Directional Drilling Service Products, Services and Solutions
5.1.4 GE Oil and Gas Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.1.5 GE Oil and Gas Recent Developments
5.2 Halliburton
5.2.1 Halliburton Profile
5.2.2 Halliburton Main Business
5.2.3 Halliburton Directional Drilling Service Products, Services and Solutions
5.2.4 Halliburton Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.2.5 Halliburton Recent Developments
5.3 Scientific Drilling International
5.3.1 Scientific Drilling International Profile
5.3.2 Scientific Drilling International Main Business
5.3.3 Scientific Drilling International Directional Drilling Service Products, Services and Solutions
5.3.4 Scientific Drilling International Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.3.5 DP Jindal Group Recent Developments
5.4 DP Jindal Group
5.4.1 DP Jindal Group Profile
5.4.2 DP Jindal Group Main Business
5.4.3 DP Jindal Group Directional Drilling Service Products, Services and Solutions
5.4.4 DP Jindal Group Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.4.5 DP Jindal Group Recent Developments
5.5 GE(Baker Hughes)
5.5.1 GE(Baker Hughes) Profile
5.5.2 GE(Baker Hughes) Main Business
5.5.3 GE(Baker Hughes) Directional Drilling Service Products, Services and Solutions
5.5.4 GE(Baker Hughes) Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.5.5 GE(Baker Hughes) Recent Developments
5.6 National Oilwell Varco
5.6.1 National Oilwell Varco Profile
5.6.2 National Oilwell Varco Main Business
5.6.3 National Oilwell Varco Directional Drilling Service Products, Services and Solutions
5.6.4 National Oilwell Varco Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.6.5 National Oilwell Varco Recent Developments
5.7 Nabors Industries
5.7.1 Nabors Industries Profile
5.7.2 Nabors Industries Main Business
5.7.3 Nabors Industries Directional Drilling Service Products, Services and Solutions
5.7.4 Nabors Industries Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.7.5 Nabors Industries Recent Developments
5.8 Schlumberger Limited
5.8.1 Schlumberger Limited Profile
5.8.2 Schlumberger Limited Main Business
5.8.3 Schlumberger Limited Directional Drilling Service Products, Services and Solutions
5.8.4 Schlumberger Limited Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.8.5 Schlumberger Limited Recent Developments
5.9 Cathedral Energy Services
5.9.1 Cathedral Energy Services Profile
5.9.2 Cathedral Energy Services Main Business
5.9.3 Cathedral Energy Services Directional Drilling Service Products, Services and Solutions
5.9.4 Cathedral Energy Services Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.9.5 Cathedral Energy Services Recent Developments
5.10 Weatherford International
5.10.1 Weatherford International Profile
5.10.2 Weatherford International Main Business
5.10.3 Weatherford International Directional Drilling Service Products, Services and Solutions
5.10.4 Weatherford International Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.10.5 Weatherford International Recent Developments
5.11 Leam Drilling Systems
5.11.1 Leam Drilling Systems Profile
5.11.2 Leam Drilling Systems Main Business
5.11.3 Leam Drilling Systems Directional Drilling Service Products, Services and Solutions
5.11.4 Leam Drilling Systems Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.11.5 Leam Drilling Systems Recent Developments
5.12 Jindal Drilling and Industries Limited
5.12.1 Jindal Drilling and Industries Limited Profile
5.12.2 Jindal Drilling and Industries Limited Main Business
5.12.3 Jindal Drilling and Industries Limited Directional Drilling Service Products, Services and Solutions
5.12.4 Jindal Drilling and Industries Limited Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.12.5 Jindal Drilling and Industries Limited Recent Developments
5.13 Gyrodata Incorporated
5.13.1 Gyrodata Incorporated Profile
5.13.2 Gyrodata Incorporated Main Business
5.13.3 Gyrodata Incorporated Directional Drilling Service Products, Services and Solutions
5.13.4 Gyrodata Incorporated Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.13.5 Gyrodata Incorporated Recent Developments
5.14 GB Directional Drilling Services
5.14.1 GB Directional Drilling Services Profile
5.14.2 GB Directional Drilling Services Main Business
5.14.3 GB Directional Drilling Services Directional Drilling Service Products, Services and Solutions
5.14.4 GB Directional Drilling Services Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.14.5 GB Directional Drilling Services Recent Developments
5.15 Quanta Services
5.15.1 Quanta Services Profile
5.15.2 Quanta Services Main Business
5.15.3 Quanta Services Directional Drilling Service Products, Services and Solutions
5.15.4 Quanta Services Directional Drilling Service Revenue (US$ Million) & (2018-2023)
5.15.5 Quanta Services Recent Developments
6 North America
6.1 North America Directional Drilling Service Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Directional Drilling Service Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Directional Drilling Service Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Directional Drilling Service Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Directional Drilling Service Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Directional Drilling Service Market Dynamics
11.1 Directional Drilling Service Industry Trends
11.2 Directional Drilling Service Market Drivers
11.3 Directional Drilling Service Market Challenges
11.4 Directional Drilling Service Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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