Global Rotary Steerable Drilling System Supply, Demand and Key Producers, 2023-2029

Global Rotary Steerable Drilling System Supply, Demand and Key Producers, 2023-2029

The global Rotary Steerable Drilling System market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

5 largest manufacturers in China of rotary steerable drilling system are COSL, Baker Hughes, Halliburton, ZPEC and HTWB, which make up over 80%. Among them, COSL dominates with over 20% production value share, followed by ZPEC (18%) and HTWB (15%).

There are two types of rotary steerable drilling system, including Push-the-bit rotary steerable drilling system and Point-the-bit rotary steerable drilling system. The leading type is Push-the-bit rotary steerable drilling system, with a market share over 65%.

In terms of application, rotary steerable drilling system is mainly used in onshore and offshore. Onshore is the largest segment, accounting for nearly 70%.

This report studies the global Rotary Steerable Drilling System demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Rotary Steerable Drilling System, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Rotary Steerable Drilling System that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Rotary Steerable Drilling System total market, 2018-2029, (USD Million)

Global Rotary Steerable Drilling System total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Rotary Steerable Drilling System total market, key domestic companies and share, (USD Million)

Global Rotary Steerable Drilling System revenue by player and market share 2018-2023, (USD Million)

Global Rotary Steerable Drilling System total market by Type, CAGR, 2018-2029, (USD Million)

Global Rotary Steerable Drilling System total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Rotary Steerable Drilling System 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 COSL, Schlumberger, Baker Hughes, Halliburton, Weatherford International, NOV, APS Technology, Enteq Technologies and Kinetic Upstream Technologies, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Rotary Steerable Drilling System market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Rotary Steerable Drilling System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Rotary Steerable Drilling System Market, Segmentation by Type
Push-the-bit Rotary Steerable Drilling System
Point-the-bit Rotary Steerable Drilling System

Global Rotary Steerable Drilling System Market, Segmentation by Application
Onshore
Offshore

Companies Profiled:
COSL
Schlumberger
Baker Hughes
Halliburton
Weatherford International
NOV
APS Technology
Enteq Technologies
Kinetic Upstream Technologies
Gyrodata Incorporated
Scout Drilling Technologies
DoubleBarrel RSS
HTWB
ZPEC

Key Questions Answered

1. How big is the global Rotary Steerable Drilling System market?

2. What is the demand of the global Rotary Steerable Drilling System market?

3. What is the year over year growth of the global Rotary Steerable Drilling System market?

4. What is the total value of the global Rotary Steerable Drilling System market?

5. Who are the major players in the global Rotary Steerable Drilling System market?

6. What are the growth factors driving the market demand?