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A rotary steerable system (RSS) is a form of drilling technology used in directional drilling. It employs the use of specialized downhole equipment to replace conventional directional tools such as mud motors. They are generally programmed by the measurement while drilling (MWD) engineer or directional driller who transmits commands using surface equipment (typically using either pressure fluctuations in the mud column or variations in the drill string rotation) which the tool responds to, and gradually steers into the desired direction. In other words, a tool designed to drill directionally with continuous rotation from the surface, eliminating the need to "slide" a mud motor.
Global Rotary Steerable Systems market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Rotary Steerable Systems market research.
Key manufacturers engaged in the Rotary Steerable Systems industry include BHGE, Halliburton, Schlumberger, National Oilwell Varco, Weatherford International, APS Technology, Nabors Industries, Gyrodata Incorporated and Helmerich & Payne, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Rotary Steerable Systems production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Rotary Steerable Systems were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Rotary Steerable Systems market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Rotary Steerable Systems market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Segment by Type
Segment by Application
Production by Region
Consumption by Region
The Rotary Steerable Systems report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
1 Rotary Steerable Systems Market Overview
1.1 Product Definition
1.2 Rotary Steerable Systems Segment by Type
1.2.1 Global Rotary Steerable Systems Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Push the Bit
1.2.3 Point the Bit
1.3 Rotary Steerable Systems Segment by Application
1.3.1 Global Rotary Steerable Systems Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Rotary Steerable Systems Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Rotary Steerable Systems Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Rotary Steerable Systems Production Estimates and Forecasts (2018-2029)
1.4.4 Global Rotary Steerable Systems Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Rotary Steerable Systems Production Market Share by Manufacturers (2018-2023)
2.2 Global Rotary Steerable Systems Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Rotary Steerable Systems, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Rotary Steerable Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Rotary Steerable Systems Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Rotary Steerable Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Rotary Steerable Systems, Product Offered and Application
2.8 Global Key Manufacturers of Rotary Steerable Systems, Date of Enter into This Industry
2.9 Rotary Steerable Systems Market Competitive Situation and Trends
2.9.1 Rotary Steerable Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Rotary Steerable Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Rotary Steerable Systems Production by Region
3.1 Global Rotary Steerable Systems Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Rotary Steerable Systems Production Value by Region (2018-2029)
3.2.1 Global Rotary Steerable Systems Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Rotary Steerable Systems by Region (2024-2029)
3.3 Global Rotary Steerable Systems Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Rotary Steerable Systems Production by Region (2018-2029)
3.4.1 Global Rotary Steerable Systems Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Rotary Steerable Systems by Region (2024-2029)
3.5 Global Rotary Steerable Systems Market Price Analysis by Region (2018-2023)
3.6 Global Rotary Steerable Systems Production and Value, Year-over-Year Growth
3.6.1 North America Rotary Steerable Systems Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Rotary Steerable Systems Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Rotary Steerable Systems Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Rotary Steerable Systems Production Value Estimates and Forecasts (2018-2029)
4 Rotary Steerable Systems Consumption by Region
4.1 Global Rotary Steerable Systems Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Rotary Steerable Systems Consumption by Region (2018-2029)
4.2.1 Global Rotary Steerable Systems Consumption by Region (2018-2023)
4.2.2 Global Rotary Steerable Systems Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Rotary Steerable Systems Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Rotary Steerable Systems Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Rotary Steerable Systems Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Rotary Steerable Systems Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Rotary Steerable Systems Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Rotary Steerable Systems Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Rotary Steerable Systems Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Rotary Steerable Systems Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Rotary Steerable Systems Production by Type (2018-2029)
5.1.1 Global Rotary Steerable Systems Production by Type (2018-2023)
5.1.2 Global Rotary Steerable Systems Production by Type (2024-2029)
5.1.3 Global Rotary Steerable Systems Production Market Share by Type (2018-2029)
5.2 Global Rotary Steerable Systems Production Value by Type (2018-2029)
5.2.1 Global Rotary Steerable Systems Production Value by Type (2018-2023)
5.2.2 Global Rotary Steerable Systems Production Value by Type (2024-2029)
5.2.3 Global Rotary Steerable Systems Production Value Market Share by Type (2018-2029)
5.3 Global Rotary Steerable Systems Price by Type (2018-2029)
6 Segment by Application
6.1 Global Rotary Steerable Systems Production by Application (2018-2029)
6.1.1 Global Rotary Steerable Systems Production by Application (2018-2023)
6.1.2 Global Rotary Steerable Systems Production by Application (2024-2029)
6.1.3 Global Rotary Steerable Systems Production Market Share by Application (2018-2029)
6.2 Global Rotary Steerable Systems Production Value by Application (2018-2029)
6.2.1 Global Rotary Steerable Systems Production Value by Application (2018-2023)
6.2.2 Global Rotary Steerable Systems Production Value by Application (2024-2029)
6.2.3 Global Rotary Steerable Systems Production Value Market Share by Application (2018-2029)
6.3 Global Rotary Steerable Systems Price by Application (2018-2029)
7 Key Companies Profiled
7.1 BHGE
7.1.1 BHGE Rotary Steerable Systems Corporation Information
7.1.2 BHGE Rotary Steerable Systems Product Portfolio
7.1.3 BHGE Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.1.4 BHGE Main Business and Markets Served
7.1.5 BHGE Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Rotary Steerable Systems Corporation Information
7.2.2 Halliburton Rotary Steerable Systems Product Portfolio
7.2.3 Halliburton Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Schlumberger
7.3.1 Schlumberger Rotary Steerable Systems Corporation Information
7.3.2 Schlumberger Rotary Steerable Systems Product Portfolio
7.3.3 Schlumberger Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Schlumberger Main Business and Markets Served
7.3.5 Schlumberger Recent Developments/Updates
7.4 National Oilwell Varco
7.4.1 National Oilwell Varco Rotary Steerable Systems Corporation Information
7.4.2 National Oilwell Varco Rotary Steerable Systems Product Portfolio
7.4.3 National Oilwell Varco Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.4.4 National Oilwell Varco Main Business and Markets Served
7.4.5 National Oilwell Varco Recent Developments/Updates
7.5 Weatherford International
7.5.1 Weatherford International Rotary Steerable Systems Corporation Information
7.5.2 Weatherford International Rotary Steerable Systems Product Portfolio
7.5.3 Weatherford International Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Weatherford International Main Business and Markets Served
7.5.5 Weatherford International Recent Developments/Updates
7.6 APS Technology
7.6.1 APS Technology Rotary Steerable Systems Corporation Information
7.6.2 APS Technology Rotary Steerable Systems Product Portfolio
7.6.3 APS Technology Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.6.4 APS Technology Main Business and Markets Served
7.6.5 APS Technology Recent Developments/Updates
7.7 Nabors Industries
7.7.1 Nabors Industries Rotary Steerable Systems Corporation Information
7.7.2 Nabors Industries Rotary Steerable Systems Product Portfolio
7.7.3 Nabors Industries Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Nabors Industries Main Business and Markets Served
7.7.5 Nabors Industries Recent Developments/Updates
7.8 Gyrodata Incorporated
7.8.1 Gyrodata Incorporated Rotary Steerable Systems Corporation Information
7.8.2 Gyrodata Incorporated Rotary Steerable Systems Product Portfolio
7.8.3 Gyrodata Incorporated Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Gyrodata Incorporated Main Business and Markets Served
7.7.5 Gyrodata Incorporated Recent Developments/Updates
7.9 Helmerich & Payne
7.9.1 Helmerich & Payne Rotary Steerable Systems Corporation Information
7.9.2 Helmerich & Payne Rotary Steerable Systems Product Portfolio
7.9.3 Helmerich & Payne Rotary Steerable Systems Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Helmerich & Payne Main Business and Markets Served
7.9.5 Helmerich & Payne Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Rotary Steerable Systems Industry Chain Analysis
8.2 Rotary Steerable Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Rotary Steerable Systems Production Mode & Process
8.4 Rotary Steerable Systems Sales and Marketing
8.4.1 Rotary Steerable Systems Sales Channels
8.4.2 Rotary Steerable Systems Distributors
8.5 Rotary Steerable Systems Customers
9 Rotary Steerable Systems Market Dynamics
9.1 Rotary Steerable Systems Industry Trends
9.2 Rotary Steerable Systems Market Drivers
9.3 Rotary Steerable Systems Market Challenges
9.4 Rotary Steerable Systems Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research