Global Drilling Services Market Research Report 2024(Status and Outlook)

Global Drilling Services Market Research Report 2024(Status and Outlook)



Report Overview:

Drilling services is a key service component of the oil & gas exploration and production life cycle. Drilling services include solutions for drilling wells in a safe, fast, and optimized way by increasing drilling efficiency and minimizing production down time.

The Global Drilling Services Market Size was estimated at USD 5854.42 million in 2023 and is projected to reach USD 8026.52 million by 2029, exhibiting a CAGR of 5.40% during the forecast period.

This report provides a deep insight into the global Drilling Services market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Drilling Services Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Drilling Services market in any manner.

Global Drilling Services Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

GE(Baker Hughes)

Weatherford International Plc.

Schlumberger Limited

Superior Energy Services Inc.

Transocean Limited

Halliburton Co.

Market Segmentation (by Type)

Contract Drilling

Directional Drilling

Logging While Drilling (LWD)

Drilling Waste Management

Market Segmentation (by Application)

Onshore

Offshore

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Drilling Services Market
  • Overview of the regional outlook of the Drilling Services Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Drilling Services Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Drilling Services
1.2 Key Market Segments
1.2.1 Drilling Services Segment by Type
1.2.2 Drilling Services Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Drilling Services Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Drilling Services Market Competitive Landscape
3.1 Global Drilling Services Revenue Market Share by Company (2019-2024)
3.2 Drilling Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Drilling Services Market Size Sites, Area Served, Product Type
3.4 Drilling Services Market Competitive Situation and Trends
3.4.1 Drilling Services Market Concentration Rate
3.4.2 Global 5 and 10 Largest Drilling Services Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Drilling Services Value Chain Analysis
4.1 Drilling Services Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Drilling Services Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Drilling Services Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Drilling Services Market Size Market Share by Type (2019-2024)
6.3 Global Drilling Services Market Size Growth Rate by Type (2019-2024)
7 Drilling Services Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Drilling Services Market Size (M USD) by Application (2019-2024)
7.3 Global Drilling Services Market Size Growth Rate by Application (2019-2024)
8 Drilling Services Market Segmentation by Region
8.1 Global Drilling Services Market Size by Region
8.1.1 Global Drilling Services Market Size by Region
8.1.2 Global Drilling Services Market Size Market Share by Region
8.2 North America
8.2.1 North America Drilling Services Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Drilling Services Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Drilling Services Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Drilling Services Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Drilling Services Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 GE(Baker Hughes)
9.1.1 GE(Baker Hughes) Drilling Services Basic Information
9.1.2 GE(Baker Hughes) Drilling Services Product Overview
9.1.3 GE(Baker Hughes) Drilling Services Product Market Performance
9.1.4 GE(Baker Hughes) Drilling Services SWOT Analysis
9.1.5 GE(Baker Hughes) Business Overview
9.1.6 GE(Baker Hughes) Recent Developments
9.2 Weatherford International Plc.
9.2.1 Weatherford International Plc. Drilling Services Basic Information
9.2.2 Weatherford International Plc. Drilling Services Product Overview
9.2.3 Weatherford International Plc. Drilling Services Product Market Performance
9.2.4 GE(Baker Hughes) Drilling Services SWOT Analysis
9.2.5 Weatherford International Plc. Business Overview
9.2.6 Weatherford International Plc. Recent Developments
9.3 Schlumberger Limited
9.3.1 Schlumberger Limited Drilling Services Basic Information
9.3.2 Schlumberger Limited Drilling Services Product Overview
9.3.3 Schlumberger Limited Drilling Services Product Market Performance
9.3.4 GE(Baker Hughes) Drilling Services SWOT Analysis
9.3.5 Schlumberger Limited Business Overview
9.3.6 Schlumberger Limited Recent Developments
9.4 Superior Energy Services Inc.
9.4.1 Superior Energy Services Inc. Drilling Services Basic Information
9.4.2 Superior Energy Services Inc. Drilling Services Product Overview
9.4.3 Superior Energy Services Inc. Drilling Services Product Market Performance
9.4.4 Superior Energy Services Inc. Business Overview
9.4.5 Superior Energy Services Inc. Recent Developments
9.5 Transocean Limited
9.5.1 Transocean Limited Drilling Services Basic Information
9.5.2 Transocean Limited Drilling Services Product Overview
9.5.3 Transocean Limited Drilling Services Product Market Performance
9.5.4 Transocean Limited Business Overview
9.5.5 Transocean Limited Recent Developments
9.6 Halliburton Co.
9.6.1 Halliburton Co. Drilling Services Basic Information
9.6.2 Halliburton Co. Drilling Services Product Overview
9.6.3 Halliburton Co. Drilling Services Product Market Performance
9.6.4 Halliburton Co. Business Overview
9.6.5 Halliburton Co. Recent Developments
10 Drilling Services Regional Market Forecast
10.1 Global Drilling Services Market Size Forecast
10.2 Global Drilling Services Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Drilling Services Market Size Forecast by Country
10.2.3 Asia Pacific Drilling Services Market Size Forecast by Region
10.2.4 South America Drilling Services Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Drilling Services by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Drilling Services Market Forecast by Type (2025-2030)
11.2 Global Drilling Services Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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