Directional Drilling Services Market by Drilling Technique, Service Type, Application, End User

Description

List of Tables

[192 Pages Report] 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.

Global Directional Drilling Services Market

KEY MARKET STATISTICS
Base Year [2023]	USD 9.33 billion
Estimated Year [2024]	USD 9.91 billion
Forecast Year [2030]	USD 13.29 billion
CAGR (%)	5.18%

Directional Drilling Services Market - IMG1

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?

Product Code: MRR-69324464D237

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