Directional Drilling Services Market
PUBLISHED: 2019 ID: SMRC18807
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Directional Drilling Services Market

Directional Drilling Services - Global Market Outlook (2018-2027)

4.1 (20 reviews)
4.1 (20 reviews)
Published: 2019 ID: SMRC18807

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Directional Drilling Services Market is accounted for $9.04 billion in 2018 and is expected to reach $15.73 billion by 2027 growing at a CAGR of 6.3% during the forecast period. Technological advancements in drilling technologies and increasing shale gas development are the major factors driving the market growth. However, declining oil spending due to low crude oil price and rising focus on renewable energy are restraining market growth.

Directional drilling is a process of drilling a well with a chosen deviation to reach the target locality. This type of drilling is done for placing the wellbore precisely to get maximum recovery both on land and offshore regions. The main aim of this type of drilling is to cover large areas by the use of the single rig. 

Based on the type, the rotary steerable system segment is likely to have a huge demand because it enables full three-dimensional directional drilling control to be performed while drilling with continuous drill string rotation from the surface. By geography, North America is going to have a lucrative growth during the forecast period due to technological advancements in drilling such as long-reach horizontal wellbores and completion techniques such as multi-stage hydraulic fracturing are increasing the implementation of these services.

Some of the key players profiled in the Directional Drilling Services Market include Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, Weatherford International PLC., National Oilwell Varco, Inc., GE Oil & Gas, Nabors Industries Ltd., Cathedral Energy Services Ltd., Jindal Drilling & Industries Limited, Gyrodata Incorporated, Scientific Drilling International, and Leam Drilling Systems, LLC.  

Types Covered:
• Rotary Steerable System
• Conventional 

Services Covered:
• Measurement-While-Drilling (MWD) & Survey  
• Logging-While-Drilling(LWD)  
• Rotary Steerable System (RSS)  
• Turbo-Drills  
• Motors (MUD Motors)  
• Other Services  

Technologies Covered:
• Well Planning 
• Wellbore Positioning 
• Hydraulics 
• Automated Drilling Systems 
• Torque & Drag Analysis 
• Side Tracking 
• Other Technologies 

Applications Covered:
• Offshore Applications
• Onshore Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           

2 Preface          
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Technology Analysis       
 3.7 Application Analysis       
 3.8 Emerging Markets        
 3.9 Futuristic Market Scenario       
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Directional Drilling Services Market, By Type     
 5.1 Introduction        
 5.2 Rotary Steerable System       
 5.3 Conventional        
           
6 Global Directional Drilling Services Market, By Service     
 6.1 Introduction        
 6.2 Measurement-While-Drilling (MWD) & Survey     
 6.3 Logging-While-Drilling(LWD)       
 6.4 Rotary Steerable System (RSS)       
 6.5 Turbo-Drills        
 6.6 Motors (MUD Motors)       
 6.7 Other Services        
           
7 Global Directional Drilling Services Market, By Technology     
 7.1 Introduction        
 7.2 Well Planning        
 7.3 Wellbore Positioning       
 7.4 Hydraulics        
 7.5 Automated Drilling Systems       
 7.6 Torque & Drag Analysis       
 7.7 Side Tracking        
 7.8 Other Technologies        
           
8 Global Directional Drilling Services Market, By Application     
 8.1 Introduction        
 8.2 Offshore Applications       
 8.3 Onshore Applications       
           
9 Global Directional Drilling Services Market, By Geography     
 9.1 Introduction        
 9.2 North America        
  9.2.1 US        
  9.2.2 Canada        
  9.2.3 Mexico        
 9.3 Europe         
  9.3.1 Germany        
  9.3.2 UK        
  9.3.3 Italy        
  9.3.4 France        
  9.3.5 Spain        
  9.3.6 Rest of Europe       
 9.4 Asia Pacific        
  9.4.1 Japan        
  9.4.2 China        
  9.4.3 India        
  9.4.4 Australia        
  9.4.5 New Zealand       
  9.4.6 South Korea       
  9.4.7 Rest of Asia Pacific       
 9.5 South America        
  9.5.1 Argentina       
  9.5.2 Brazil        
  9.5.3 Chile        
  9.5.4 Rest of South America      
 9.6 Middle East & Africa       
  9.6.1 Saudi Arabia       
  9.6.2 UAE        
  9.6.3 Qatar        
  9.6.4 South Africa       
  9.6.5 Rest of Middle East & Africa      
           
10 Key Developments         
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 10.2 Acquisitions & Mergers       
 10.3 New Product Launch       
 10.4 Expansions        
 10.5 Other Key Strategies       
           
11 Company Profiling         
 11.1 Baker Hughes Incorporated       
 11.2 Halliburton Company       
 11.3 Schlumberger Limited       
 11.4 Weatherford International PLC.      
 11.5 National Oilwell Varco, Inc.       
 11.6 GE Oil & Gas        
 11.7 Nabors Industries Ltd.       
 11.8 Cathedral Energy Services Ltd.       
 11.9 Jindal Drilling & Industries Limited      
 11.10 Gyrodata Incorporated       
 11.11 Scientific Drilling International      
 11.12 Leam Drilling Systems, LLC       


List of Tables          
1 Global Directional Drilling Services Market Outlook, By Region (2017-2027) (US $MN)   
2 Global Directional Drilling Services Market Outlook, By Type (2017-2027) (US $MN)    
3 Global Directional Drilling Services Market Outlook, By Rotary Steerable System (2017-2027) (US $MN)  
4 Global Directional Drilling Services Market Outlook, By Conventional (2017-2027) (US $MN)   
5 Global Directional Drilling Services Market Outlook, By Service (2017-2027) (US $MN)   
6 Global Directional Drilling Services Market Outlook, By Measurement-While-Drilling (MWD) & Survey (2017-2027) (US $MN) 
7 Global Directional Drilling Services Market Outlook, By Logging-While-Drilling(LWD) (2017-2027) (US $MN) 
8 Global Directional Drilling Services Market Outlook, By Rotary Steerable System (RSS) (2017-2027) (US $MN) 
9 Global Directional Drilling Services Market Outlook, By Turbo-Drills (2017-2027) (US $MN)   
10 Global Directional Drilling Services Market Outlook, By Motors (MUD Motors) (2017-2027) (US $MN)  
11 Global Directional Drilling Services Market Outlook, By Other Services (2017-2027) (US $MN)   
12 Global Directional Drilling Services Market Outlook, By Technology (2017-2027) (US $MN)   
13 Global Directional Drilling Services Market Outlook, By Well Planning (2017-2027) (US $MN)   
14 Global Directional Drilling Services Market Outlook, By Wellbore Positioning (2017-2027) (US $MN)  
15 Global Directional Drilling Services Market Outlook, By Hydraulics (2017-2027) (US $MN)   
16 Global Directional Drilling Services Market Outlook, By Automated Drilling Systems (2017-2027) (US $MN) 
17 Global Directional Drilling Services Market Outlook, By Torque & Drag Analysis (2017-2027) (US $MN)  
18 Global Directional Drilling Services Market Outlook, By Side Tracking (2017-2027) (US $MN)   
19 Global Directional Drilling Services Market Outlook, By Other Technologies (2017-2027) (US $MN)  
20 Global Directional Drilling Services Market Outlook, By Application (2017-2027) (US $MN)   
21 Global Directional Drilling Services Market Outlook, By Offshore Applications (2017-2027) (US $MN)  
22 Global Directional Drilling Services Market Outlook, By Onshore Applications (2017-2027) (US $MN)  
23 North America Directional Drilling Services Market Outlook, By Country (2017-2027) (US $MN)  
24 North America Directional Drilling Services Market Outlook, By Type (2017-2027) (US $MN)   
25 North America Directional Drilling Services Market Outlook, By Rotary Steerable System (2017-2027) (US $MN) 
26 North America Directional Drilling Services Market Outlook, By Conventional (2017-2027) (US $MN)  
27 North America Directional Drilling Services Market Outlook, By Service (2017-2027) (US $MN)   
28 North America Directional Drilling Services Market Outlook, By Measurement-While-Drilling (MWD) & Survey (2017-2027) (US $MN) 
29 North America Directional Drilling Services Market Outlook, By Logging-While-Drilling(LWD) (2017-2027) (US $MN) 
30 North America Directional Drilling Services Market Outlook, By Rotary Steerable System (RSS) (2017-2027) (US $MN) 
31 North America Directional Drilling Services Market Outlook, By Turbo-Drills (2017-2027) (US $MN)  
32 North America Directional Drilling Services Market Outlook, By Motors (MUD Motors) (2017-2027) (US $MN) 
33 North America Directional Drilling Services Market Outlook, By Other Services (2017-2027) (US $MN)  
34 North America Directional Drilling Services Market Outlook, By Technology (2017-2027) (US $MN)  
35 North America Directional Drilling Services Market Outlook, By Well Planning (2017-2027) (US $MN)  
36 North America Directional Drilling Services Market Outlook, By Wellbore Positioning (2017-2027) (US $MN) 
37 North America Directional Drilling Services Market Outlook, By Hydraulics (2017-2027) (US $MN)  
38 North America Directional Drilling Services Market Outlook, By Automated Drilling Systems (2017-2027) (US $MN) 
39 North America Directional Drilling Services Market Outlook, By Torque & Drag Analysis (2017-2027) (US $MN) 
40 North America Directional Drilling Services Market Outlook, By Side Tracking (2017-2027) (US $MN)  
41 North America Directional Drilling Services Market Outlook, By Other Technologies (2017-2027) (US $MN) 
42 North America Directional Drilling Services Market Outlook, By Application (2017-2027) (US $MN)  
43 North America Directional Drilling Services Market Outlook, By Offshore Applications (2017-2027) (US $MN) 
44 North America Directional Drilling Services Market Outlook, By Onshore Applications (2017-2027) (US $MN) 
45 Europe Directional Drilling Services Market Outlook, By Country (2017-2027) (US $MN)   
46 Europe Directional Drilling Services Market Outlook, By Type (2017-2027) (US $MN)   
47 Europe Directional Drilling Services Market Outlook, By Rotary Steerable System (2017-2027) (US $MN)  
48 Europe Directional Drilling Services Market Outlook, By Conventional (2017-2027) (US $MN)   
49 Europe Directional Drilling Services Market Outlook, By Service (2017-2027) (US $MN)   
50 Europe Directional Drilling Services Market Outlook, By Measurement-While-Drilling (MWD) & Survey (2017-2027) (US $MN) 
51 Europe Directional Drilling Services Market Outlook, By Logging-While-Drilling(LWD) (2017-2027) (US $MN) 
52 Europe Directional Drilling Services Market Outlook, By Rotary Steerable System (RSS) (2017-2027) (US $MN) 
53 Europe Directional Drilling Services Market Outlook, By Turbo-Drills (2017-2027) (US $MN)   
54 Europe Directional Drilling Services Market Outlook, By Motors (MUD Motors) (2017-2027) (US $MN)  
55 Europe Directional Drilling Services Market Outlook, By Other Services (2017-2027) (US $MN)   
56 Europe Directional Drilling Services Market Outlook, By Technology (2017-2027) (US $MN)   
57 Europe Directional Drilling Services Market Outlook, By Well Planning (2017-2027) (US $MN)   
58 Europe Directional Drilling Services Market Outlook, By Wellbore Positioning (2017-2027) (US $MN)  
59 Europe Directional Drilling Services Market Outlook, By Hydraulics (2017-2027) (US $MN)   
60 Europe Directional Drilling Services Market Outlook, By Automated Drilling Systems (2017-2027) (US $MN) 
61 Europe Directional Drilling Services Market Outlook, By Torque & Drag Analysis (2017-2027) (US $MN)  
62 Europe Directional Drilling Services Market Outlook, By Side Tracking (2017-2027) (US $MN)   
63 Europe Directional Drilling Services Market Outlook, By Other Technologies (2017-2027) (US $MN)  
64 Europe Directional Drilling Services Market Outlook, By Application (2017-2027) (US $MN)   
65 Europe Directional Drilling Services Market Outlook, By Offshore Applications (2017-2027) (US $MN)  
66 Europe Directional Drilling Services Market Outlook, By Onshore Applications (2017-2027) (US $MN)  
67 Asia Pacific Directional Drilling Services Market Outlook, By Country (2017-2027) (US $MN)   
68 Asia Pacific Directional Drilling Services Market Outlook, By Type (2017-2027) (US $MN)   
69 Asia Pacific Directional Drilling Services Market Outlook, By Rotary Steerable System (2017-2027) (US $MN) 
70 Asia Pacific Directional Drilling Services Market Outlook, By Conventional (2017-2027) (US $MN)  
71 Asia Pacific Directional Drilling Services Market Outlook, By Service (2017-2027) (US $MN)   
72 Asia Pacific Directional Drilling Services Market Outlook, By Measurement-While-Drilling (MWD) & Survey (2017-2027) (US $MN) 
73 Asia Pacific Directional Drilling Services Market Outlook, By Logging-While-Drilling(LWD) (2017-2027) (US $MN) 
74 Asia Pacific Directional Drilling Services Market Outlook, By Rotary Steerable System (RSS) (2017-2027) (US $MN) 
75 Asia Pacific Directional Drilling Services Market Outlook, By Turbo-Drills (2017-2027) (US $MN)  
76 Asia Pacific Directional Drilling Services Market Outlook, By Motors (MUD Motors) (2017-2027) (US $MN) 
77 Asia Pacific Directional Drilling Services Market Outlook, By Other Services (2017-2027) (US $MN)  
78 Asia Pacific Directional Drilling Services Market Outlook, By Technology (2017-2027) (US $MN)  
79 Asia Pacific Directional Drilling Services Market Outlook, By Well Planning (2017-2027) (US $MN)  
80 Asia Pacific Directional Drilling Services Market Outlook, By Wellbore Positioning (2017-2027) (US $MN) 
81 Asia Pacific Directional Drilling Services Market Outlook, By Hydraulics (2017-2027) (US $MN)   
82 Asia Pacific Directional Drilling Services Market Outlook, By Automated Drilling Systems (2017-2027) (US $MN) 
83 Asia Pacific Directional Drilling Services Market Outlook, By Torque & Drag Analysis (2017-2027) (US $MN) 
84 Asia Pacific Directional Drilling Services Market Outlook, By Side Tracking (2017-2027) (US $MN)  
85 Asia Pacific Directional Drilling Services Market Outlook, By Other Technologies (2017-2027) (US $MN)  
86 Asia Pacific Directional Drilling Services Market Outlook, By Application (2017-2027) (US $MN)  
87 Asia Pacific Directional Drilling Services Market Outlook, By Offshore Applications (2017-2027) (US $MN) 
88 Asia Pacific Directional Drilling Services Market Outlook, By Onshore Applications (2017-2027) (US $MN) 
89 South America Directional Drilling Services Market Outlook, By Country (2017-2027) (US $MN)  
90 South America Directional Drilling Services Market Outlook, By Type (2017-2027) (US $MN)   
91 South America Directional Drilling Services Market Outlook, By Rotary Steerable System (2017-2027) (US $MN) 
92 South America Directional Drilling Services Market Outlook, By Conventional (2017-2027) (US $MN)  
93 South America Directional Drilling Services Market Outlook, By Service (2017-2027) (US $MN)   
94 South America Directional Drilling Services Market Outlook, By Measurement-While-Drilling (MWD) & Survey (2017-2027) (US $MN) 
95 South America Directional Drilling Services Market Outlook, By Logging-While-Drilling(LWD) (2017-2027) (US $MN) 
96 South America Directional Drilling Services Market Outlook, By Rotary Steerable System (RSS) (2017-2027) (US $MN) 
97 South America Directional Drilling Services Market Outlook, By Turbo-Drills (2017-2027) (US $MN)  
98 South America Directional Drilling Services Market Outlook, By Motors (MUD Motors) (2017-2027) (US $MN) 
99 South America Directional Drilling Services Market Outlook, By Other Services (2017-2027) (US $MN)  
100 South America Directional Drilling Services Market Outlook, By Technology (2017-2027) (US $MN)  
101 South America Directional Drilling Services Market Outlook, By Well Planning (2017-2027) (US $MN)  
102 South America Directional Drilling Services Market Outlook, By Wellbore Positioning (2017-2027) (US $MN) 
103 South America Directional Drilling Services Market Outlook, By Hydraulics (2017-2027) (US $MN)  
104 South America Directional Drilling Services Market Outlook, By Automated Drilling Systems (2017-2027) (US $MN) 
105 South America Directional Drilling Services Market Outlook, By Torque & Drag Analysis (2017-2027) (US $MN) 
106 South America Directional Drilling Services Market Outlook, By Side Tracking (2017-2027) (US $MN)  
107 South America Directional Drilling Services Market Outlook, By Other Technologies (2017-2027) (US $MN) 
108 South America Directional Drilling Services Market Outlook, By Application (2017-2027) (US $MN)  
109 South America Directional Drilling Services Market Outlook, By Offshore Applications (2017-2027) (US $MN) 
110 South America Directional Drilling Services Market Outlook, By Onshore Applications (2017-2027) (US $MN) 
111 Middle East & Africa Directional Drilling Services Market Outlook, By Country (2017-2027) (US $MN)  
112 Middle East & Africa Directional Drilling Services Market Outlook, By Type (2017-2027) (US $MN)  
113 Middle East & Africa Directional Drilling Services Market Outlook, By Rotary Steerable System (2017-2027) (US $MN) 
114 Middle East & Africa Directional Drilling Services Market Outlook, By Conventional (2017-2027) (US $MN) 
115 Middle East & Africa Directional Drilling Services Market Outlook, By Service (2017-2027) (US $MN)  
116 Middle East & Africa Directional Drilling Services Market Outlook, By Measurement-While-Drilling (MWD) & Survey (2017-2027) (US $MN) 
117 Middle East & Africa Directional Drilling Services Market Outlook, By Logging-While-Drilling(LWD) (2017-2027) (US $MN) 
118 Middle East & Africa Directional Drilling Services Market Outlook, By Rotary Steerable System (RSS) (2017-2027) (US $MN) 
119 Middle East & Africa Directional Drilling Services Market Outlook, By Turbo-Drills (2017-2027) (US $MN)  
120 Middle East & Africa Directional Drilling Services Market Outlook, By Motors (MUD Motors) (2017-2027) (US $MN) 
121 Middle East & Africa Directional Drilling Services Market Outlook, By Other Services (2017-2027) (US $MN) 
122 Middle East & Africa Directional Drilling Services Market Outlook, By Technology (2017-2027) (US $MN)  
123 Middle East & Africa Directional Drilling Services Market Outlook, By Well Planning (2017-2027) (US $MN) 
124 Middle East & Africa Directional Drilling Services Market Outlook, By Wellbore Positioning (2017-2027) (US $MN) 
125 Middle East & Africa Directional Drilling Services Market Outlook, By Hydraulics (2017-2027) (US $MN)  
126 Middle East & Africa Directional Drilling Services Market Outlook, By Automated Drilling Systems (2017-2027) (US $MN) 
127 Middle East & Africa Directional Drilling Services Market Outlook, By Torque & Drag Analysis (2017-2027) (US $MN) 
128 Middle East & Africa Directional Drilling Services Market Outlook, By Side Tracking (2017-2027) (US $MN) 
129 Middle East & Africa Directional Drilling Services Market Outlook, By Other Technologies (2017-2027) (US $MN) 
130 Middle East & Africa Directional Drilling Services Market Outlook, By Application (2017-2027) (US $MN)  
131 Middle East & Africa Directional Drilling Services Market Outlook, By Offshore Applications (2017-2027) (US $MN) 
132 Middle East & Africa Directional Drilling Services Market Outlook, By Onshore Applications (2017-2027) (US $MN) 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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