Global Directional Drilling Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Directional Drilling Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Directional Drilling market size was valued at US$ 10180 million in 2023 and is forecast to a readjusted size of USD 12930 million by 2030 with a CAGR of 3.5% during review period.

The key players of Directional Drilling include Schlumberger, Halliburton, Baker Hughes/GE, , CNPC, Weatherford International, etc. The top five players of Directional Drilling account for approximately 74% of the total market. North America is the largest market of Directional Drilling accounting for about 28%, followed by Europe and China. In terms of Type, Horizontal Well Directional Drilling is the largest segment, with a share about 51%. And in terms of Application, the largest application is Land Directional Drilling, followed by Offshore Directional Drilling.

This report is a detailed and comprehensive analysis for global Directional Drilling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Directional Drilling market size and forecasts, in consumption value ($ Million), 2019-2030

Global Directional Drilling market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Directional Drilling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Directional Drilling market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Directional Drilling

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Directional Drilling market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, Halliburton, Baker Hughes/GE, CNPC, Weatherford International, Nabors industries, SINOPEC, COSL, Cathedral Energy Services, Gyrodata, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Directional Drilling market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Directional Drilling market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Deviated Well Directional Drilling
Horizontal Well Directional Drilling

Market segment by Application
Land Directional Drilling
Offshore Directional Drilling

Market segment by players, this report covers
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

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Directional Drilling product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Directional Drilling, with revenue, gross margin, and global market share of Directional Drilling from 2019 to 2024.

Chapter 3, the Directional Drilling competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Directional Drilling market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Directional Drilling.

Chapter 13, to describe Directional Drilling research findings and conclusion.