Directional Drilling market

Directional Drilling Market - Global Outlook and Forecast 2022-2028

  • 21 January 2022
  • Machines
  • 114 Pages
  • Report code : PMR-6789214

  • 4.7 (158)

Directional Drilling Market

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Directional drilling is a drilling technique in which the wellbore is drilled to the target layer along a pre-designed direction and trajectory, called directional drilling, and generally refers to oblique drilling and horizontal drilling. The directional drilling service market includes wellbore positioning, lateral tracking, automated drilling systems, well planning, etc.

Directional Drilling Market contains market size and forecasts of Directional Drilling in Global, including the following market information:

Global Directional Drilling Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Directional Drilling market was valued at 9794.6 million in 2021 and is projected to reach US$ 12420 million by 2028, at a CAGR of 3.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Deviated Well Directional Drilling Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Directional Drilling include Schlumberger, Halliburton, Baker Hughes/GE, CNPC, Weatherford International, Nabors industries, SINOPEC, COSL and Cathedral Energy Services, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Directional Drilling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Directional Drilling Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Directional Drilling Market Segment Percentages, by Type, 2021 (%)

Deviated Well Directional Drilling

Horizontal Well Directional Drilling

Global Directional Drilling Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Directional Drilling Market Segment Percentages, by Application, 2021 (%)

Land Directional Drilling

Offshore Directional Drilling

Global Directional Drilling Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Directional Drilling Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Directional Drilling revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Directional Drilling revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Schlumberger

Halliburton

Baker Hughes/GE

CNPC

Weatherford International

Nabors industries

SINOPEC

COSL

Cathedral Energy Services

Gyrodata

ANTON

ZPEC

Jindal Drilling & Industries

Scientific Drilling International

LEAM Drilling Services

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