Directional drilling or slant drilling is a method of drilling non-vertical drills. Directional drilling is used for various purposes including to increase the number of wells from a single location, increase access to remote surface locations, and others.
Directional Drilling Solutions Services Market contains market size and forecasts of Directional Drilling Solutions & Services in global, including the following market information:
- Global Directional Drilling Solutions & Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Directional Drilling Solutions & Services Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Directional Drilling Solutions & Services companies in 2021 (%)
The global Directional Drilling Solutions & Services market was valued at 10400 million in 2021 and is projected to reach US$ 12280 million by 2028, at a CAGR of 2.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
MWD Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Directional Drilling Solutions & Services include Schlumberger, Key Strategies, Halliburton, Downhole Drilling Services, Segofs Energy Services, General Electric, KAMBI Enterprises, Tolteq Group and APS Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Directional Drilling Solutions & Services manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Directional Drilling Solutions & Services Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Directional Drilling Solutions & Services Market Segment Percentages, by Type, 2021 (%)
- MWD Services
- LWD Services
- Rotary Steerable System (RSS) Services
- Repair & Maintenance Services
- Consulting & Other Services
Global Directional Drilling Solutions & Services Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Directional Drilling Solutions & Services Market Segment Percentages, by Application, 2021 (%)
Global Directional Drilling Solutions & Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Directional Drilling Solutions & Services 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 Solutions & Services revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Directional Drilling Solutions & Services revenues share in global market, 2021 (%)
- Key companies Directional Drilling Solutions & Services sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Directional Drilling Solutions & Services sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Schlumberger
- Key Strategies
- Halliburton
- Downhole Drilling Services
- Segofs Energy Services
- General Electric
- KAMBI Enterprises
- Tolteq Group
- APS Technology
- Shanghai Oilfield Equipment
- Beijing Geoshine Oilfield Technology Services
- Compass Directional Guidance
- Scientific Drilling International
- CBG Corp
- China Oilfield Services Limited (COSL)
- Weatherford
- Bench Tree
- Newsco International Energy Services