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Directional Drilling Solutions & Services Market, By Type (Equipment and Services), By Technology (Rotary Steerable Systems (RSS), Conventional Directional Drilling, and Managed Pressure Drilling), By Application (Oil & Gas, Mining, Construction, Utilitie

Publisher Coherent Market Insights
Published Feb 17, 2025
Length 306 Pages
SKU # CMI19681873

Description

Directional drilling has revolutionized the construction of oil and gas wells by enabling wellbores to be steered horizontally along target geological formations. Advanced Directional Drilling Solutions & Services allow operators to maximize production from reservoirs and minimize surface footprints. Technologies such as rotary steerable systems and measurement-while-drilling tools provide precise wellbore placement and real-time drilling parameters to optimize directional well designs.

Market Dynamics:

The global Directional Drilling Solutions & Services market is driven by the increasing complexity of oil and gas field development projects involving long lateral well sections, multilateral well bores, and ultra-deepwater drilling. Directional drilling helps unlock reserves trapped in tight formations like shale basins. However, high equipment and operational costs pose challenges, while volatile energy prices impact offshore and unconventional oil & gas projects. Opportunities lie in automation and data analytics to improve drilling efficiency.

Key Features of the Study:
  • This report provides in-depth analysis of the global directional drilling solutions and services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global Directional Drilling Solutions & Services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Schlumberger Limited, Halliburton Company, Baker Hughes Company, National Oilwell Varco, Inc., Weatherford International plc, Nabors Industries Ltd., Patterson-UTI Energy, Inc., TechnipFMC plc, Aker Solutions ASA, Ensign Energy Services Inc., Transocean Ltd., Precision Drilling Corporation, KCA Deutag, Step Energy Services Ltd., and GDI Integrated Facility Services Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global Directional Drilling Solutions & Services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Directional Drilling Solutions & Services market
Detailed Segmentation-
  • Type Insights (Revenue, US$ Bn, 2020 - 2032)
  • Equipment
  • Services
  • Technology Insights (Revenue, US$ Bn, 2020 - 2032)
  • Rotary Steerable Systems (RSS)
  • Conventional Directional Drilling
  • Managed Pressure Drilling
  • Application Insights (Revenue, US$ Bn, 2020 - 2032)
  • Oil & Gas
  • Mining
  • Construction
  • Utilities
  • Others
  • Regional Insights (Revenue, US$ Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Schlumberger Limited
  • Halliburton Company
  • Baker Hughes Company
  • National Oilwell Varco, Inc.
  • Weatherford International plc
  • Nabors Industries Ltd.
  • Patterson-UTI Energy, Inc.
  • TechnipFMC plc
  • Aker Solutions ASA
  • Ensign Energy Services Inc.
  • Transocean Ltd.
  • Precision Drilling Corporation
  • KCA Deutag
  • Step Energy Services Ltd.
  • GDI Integrated Facility Services Inc.

Table of Contents

306 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Directional Drilling Solutions & Services Market, By Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Equipment
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Services
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
5. Global Directional Drilling Solutions & Services Market, By Technology, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Rotary Steerable Systems (RSS)
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Conventional Directional Drilling
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Managed Pressure Drilling
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
6. Global Directional Drilling Solutions & Services Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Oil & Gas
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Mining
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Construction
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Utilities
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
7. Global Directional Drilling Solutions & Services Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
North America
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Technology, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Technology, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Technology, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Technology, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Technology, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
Israel
GCC Countries
Rest of the Middle East
Africa
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Technology, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
South Africa
North Africa
Central Africa
8. Competitive Landscape
Company Profiles
Schlumberger Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Halliburton Company
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Baker Hughes Company
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
National Oilwell Varco, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Weatherford International plc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Nabors Industries Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Patterson-UTI Energy, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
TechnipFMC plc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Aker Solutions ASA
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Ensign Energy Services Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Transocean Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Precision Drilling Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
KCA Deutag
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Step Energy Services Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
GDI Integrated Facility Services Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
*Browse 60 market data tables and 40 figures on Directional Drilling Solutions & Services Market - Global forecast to 2032”

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