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Global Directional Drilling Market 2023-2027

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    Report

  • 154 Pages
  • July 2023
  • Region: Global
  • TechNavio
  • ID: 4758169
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The directional drilling market is forecasted to grow by USD 5,013.65 mn during 2022-2027, accelerating at a CAGR of 9.24% during the forecast period. The report on the directional drilling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in demand for oil and gas worldwide, rising investments in upstream oil and gas sector, and growing activities related to horizontal wells.

The directional drilling market is segmented as below:

By Application

  • Onshore
  • Offshore

By Technique

  • Rotary steerable system
  • Conventional methods

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • Middle East and Africa
  • South America
This study identifies the emergence of automation in directional drilling as one of the prime reasons driving the directional drilling market growth during the next few years. Also, rise in deepwater and ultra-deepwater e and p activities and discovery of new oil and gas resources will lead to sizable demand in the market.

The report on the directional drilling market covers the following areas:

  • Directional drilling market sizing
  • Directional drilling market forecast
  • Directional drilling market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading directional drilling market vendors that include Barbco Inc., CHTC Jove Heavy Industry Co., Granite Construction Inc., H.H. Drill Tech Drilling Machinery Co. Ltd., Halliburton Co., Herrenknecht AG, Jiangsu Dilong Heavy Machinery Co. Ltd., Jindal Drilling and Industries Ltd., Nabors Industries Ltd., NOV Inc., Prime Drilling GmbH, Radius HDD Direct LLC, Schlumberger Ltd., Scientific Drilling International, Terra AG, Tracto Technik GmbH and Co. KG, Vermeer Corp., Xinyu FeiHu Pipeline Technical Equipment Co. Ltd., Xuzhou Construction Machinery Group Co. Ltd., and Goodeng International. Also, the directional drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technique
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size
4.1 Global directional drilling market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global directional drilling market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Technique Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Technique Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Onshore - Market size and forecast 2022-2027
Exhibit 34: Chart on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
6.4 Offshore - Market size and forecast 2022-2027
Exhibit 38: Chart on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Technique
7.1 Market segments
Exhibit 44: Chart on Technique - Market share 2022-2027 (%)
Exhibit 45: Data Table on Technique - Market share 2022-2027 (%)
7.2 Comparison by Technique
Exhibit 46: Chart on Comparison by Technique
Exhibit 47: Data Table on Comparison by Technique
7.3 Rotary steerable system - Market size and forecast 2022-2027
Exhibit 48: Chart on Rotary steerable system - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Rotary steerable system - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Rotary steerable system - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Rotary steerable system - Year-over-year growth 2022-2027 (%)
7.4 Conventional methods - Market size and forecast 2022-2027
Exhibit 52: Chart on Conventional methods - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Conventional methods - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Conventional methods - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Conventional methods - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Technique
Exhibit 56: Market opportunity by Technique ($ million)
Exhibit 57: Data Table on Market opportunity by Technique ($ million)

8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Russia - Market size and forecast 2022-2027
Exhibit 91: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Russia - Year-over-year growth 2022-2027 (%)
9.11 India - Market size and forecast 2022-2027
Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Barbco Inc.
Exhibit 111: Barbco Inc. - Overview
Exhibit 112: Barbco Inc. - Product/Service
Exhibit 113: Barbco Inc. - Key offerings
12.4 CHTC Jove Heavy Industry Co.
Exhibit 114: CHTC Jove Heavy Industry Co. - Overview
Exhibit 115: CHTC Jove Heavy Industry Co. - Product/Service
Exhibit 116: CHTC Jove Heavy Industry Co. - Key offerings
12.5 Goodeng International
Exhibit 117: Goodeng International - Overview
Exhibit 118: Goodeng International - Product/Service
Exhibit 119: Goodeng International - Key offerings
12.6 Granite Construction Inc.
Exhibit 120: Granite Construction Inc. - Overview
Exhibit 121: Granite Construction Inc. - Business segments
Exhibit 122: Granite Construction Inc. - Key offerings
Exhibit 123: Granite Construction Inc. - Segment focus
12.7 H.H. Drill Tech Drilling Machinery Co. Ltd.
Exhibit 124: H.H. Drill Tech Drilling Machinery Co. Ltd. - Overview
Exhibit 125: H.H. Drill Tech Drilling Machinery Co. Ltd. - Product/Service
Exhibit 126: H.H. Drill Tech Drilling Machinery Co. Ltd. - Key offerings
12.8 Herrenknecht AG
Exhibit 127: Herrenknecht AG - Overview
Exhibit 128: Herrenknecht AG - Product/Service
Exhibit 129: Herrenknecht AG - Key offerings
12.9 Jiangsu Dilong Heavy Machinery Co. Ltd.
Exhibit 130: Jiangsu Dilong Heavy Machinery Co. Ltd. - Overview
Exhibit 131: Jiangsu Dilong Heavy Machinery Co. Ltd. - Product/Service
Exhibit 132: Jiangsu Dilong Heavy Machinery Co. Ltd. - Key offerings
12.10 Jindal Drilling and Industries Ltd.
Exhibit 133: Jindal Drilling and Industries Ltd. - Overview
Exhibit 134: Jindal Drilling and Industries Ltd. - Product/Service
Exhibit 135: Jindal Drilling and Industries Ltd. - Key offerings
12.11 Prime Drilling GmbH
Exhibit 136: Prime Drilling GmbH - Overview
Exhibit 137: Prime Drilling GmbH - Product/Service
Exhibit 138: Prime Drilling GmbH - Key offerings
12.12 Radius HDD Direct LLC
Exhibit 139: Radius HDD Direct LLC - Overview
Exhibit 140: Radius HDD Direct LLC - Product/Service
Exhibit 141: Radius HDD Direct LLC - Key offerings
12.13 Terra AG
Exhibit 142: Terra AG - Overview
Exhibit 143: Terra AG - Product/Service
Exhibit 144: Terra AG - Key offerings
12.14 Tracto Technik GmbH and Co. KG
Exhibit 145: Tracto Technik GmbH and Co. KG - Overview
Exhibit 146: Tracto Technik GmbH and Co. KG - Product/Service
Exhibit 147: Tracto Technik GmbH and Co. KG - Key offerings
12.15 Vermeer Corp.
Exhibit 148: Vermeer Corp. - Overview
Exhibit 149: Vermeer Corp. - Product/Service
Exhibit 150: Vermeer Corp. - Key offerings
12.16 Xinyu FeiHu Pipeline Technical Equipment Co. Ltd.
Exhibit 151: Xinyu FeiHu Pipeline Technical Equipment Co. Ltd. - Overview
Exhibit 152: Xinyu FeiHu Pipeline Technical Equipment Co. Ltd. - Product/Service
Exhibit 153: Xinyu FeiHu Pipeline Technical Equipment Co. Ltd. - Key offerings
12.17 Xuzhou Construction Machinery Group Co. Ltd.
Exhibit 154: Xuzhou Construction Machinery Group Co. Ltd. - Overview
Exhibit 155: Xuzhou Construction Machinery Group Co. Ltd. - Product/Service
Exhibit 156: Xuzhou Construction Machinery Group Co. Ltd. - Key offerings

13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 157: Inclusions checklist
Exhibit 158: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 159: Currency conversion rates for US$
13.4 Research methodology
Exhibit 160: Research methodology
Exhibit 161: Validation techniques employed for market sizing
Exhibit 162: Information sources
13.5 List of abbreviations
Exhibit 163: List of abbreviations

List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Technique
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on global directional drilling market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - Technique Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Application - Market share 2022-2027 (%)
Exhibits 31: Data Table on Application - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Application ($ million)
Exhibits 43: Data Table on Market opportunity by Application ($ million)
Exhibits 44: Chart on Technique - Market share 2022-2027 (%)
Exhibits 45: Data Table on Technique - Market share 2022-2027 (%)
Exhibits 46: Chart on Comparison by Technique
Exhibits 47: Data Table on Comparison by Technique
Exhibits 48: Chart on Rotary steerable system - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Data Table on Rotary steerable system - Market size and forecast 2022-2027 ($ million)
Exhibits 50: Chart on Rotary steerable system - Year-over-year growth 2022-2027 (%)
Exhibits 51: Data Table on Rotary steerable system - Year-over-year growth 2022-2027 (%)
Exhibits 52: Chart on Conventional methods - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Data Table on Conventional methods - Market size and forecast 2022-2027 ($ million)
Exhibits 54: Chart on Conventional methods - Year-over-year growth 2022-2027 (%)
Exhibits 55: Data Table on Conventional methods - Year-over-year growth 2022-2027 (%)
Exhibits 56: Market opportunity by Technique ($ million)
Exhibits 57: Data Table on Market opportunity by Technique ($ million)
Exhibits 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 61: Chart on Geographic comparison
Exhibits 62: Data Table on Geographic comparison
Exhibits 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 86: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 90: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 91: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibits 92: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibits 93: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibits 94: Data Table on Russia - Year-over-year growth 2022-2027 (%)
Exhibits 95: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibits 96: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibits 97: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibits 98: Data Table on India - Year-over-year growth 2022-2027 (%)
Exhibits 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 103: Market opportunity By Geographical Landscape ($ million)
Exhibits 104: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 105: Impact of drivers and challenges in 2022 and 2027
Exhibits 106: Overview on Criticality of inputs and Factors of differentiation
Exhibits 107: Overview on factors of disruption
Exhibits 108: Impact of key risks on business
Exhibits 109: Vendors covered
Exhibits 110: Matrix on vendor position and classification
Exhibits 111: Barbco Inc. - Overview
Exhibits 112: Barbco Inc. - Product/Service
Exhibits 113: Barbco Inc. - Key offerings
Exhibits 114: CHTC Jove Heavy Industry Co. - Overview
Exhibits 115: CHTC Jove Heavy Industry Co. - Product/Service
Exhibits 116: CHTC Jove Heavy Industry Co. - Key offerings
Exhibits 117: Goodeng International - Overview
Exhibits 118: Goodeng International - Product/Service
Exhibits 119: Goodeng International - Key offerings
Exhibits 120: Granite Construction Inc. - Overview
Exhibits 121: Granite Construction Inc. - Business segments
Exhibits 122: Granite Construction Inc. - Key offerings
Exhibits 123: Granite Construction Inc. - Segment focus
Exhibits 124: H.H. Drill Tech Drilling Machinery Co. Ltd. - Overview
Exhibits 125: H.H. Drill Tech Drilling Machinery Co. Ltd. - Product/Service
Exhibits 126: H.H. Drill Tech Drilling Machinery Co. Ltd. - Key offerings
Exhibits 127: Herrenknecht AG - Overview
Exhibits 128: Herrenknecht AG - Product/Service
Exhibits 129: Herrenknecht AG - Key offerings
Exhibits 130: Jiangsu Dilong Heavy Machinery Co. Ltd. - Overview
Exhibits 131: Jiangsu Dilong Heavy Machinery Co. Ltd. - Product/Service
Exhibits 132: Jiangsu Dilong Heavy Machinery Co. Ltd. - Key offerings
Exhibits 133: Jindal Drilling and Industries Ltd. - Overview
Exhibits 134: Jindal Drilling and Industries Ltd. - Product/Service
Exhibits 135: Jindal Drilling and Industries Ltd. - Key offerings
Exhibits 136: Prime Drilling GmbH - Overview
Exhibits 137: Prime Drilling GmbH - Product/Service
Exhibits 138: Prime Drilling GmbH - Key offerings
Exhibits 139: Radius HDD Direct LLC - Overview
Exhibits 140: Radius HDD Direct LLC - Product/Service
Exhibits 141: Radius HDD Direct LLC - Key offerings
Exhibits 142: Terra AG - Overview
Exhibits 143: Terra AG - Product/Service
Exhibits 144: Terra AG - Key offerings
Exhibits 145: Tracto Technik GmbH and Co. KG - Overview
Exhibits 146: Tracto Technik GmbH and Co. KG - Product/Service
Exhibits 147: Tracto Technik GmbH and Co. KG - Key offerings
Exhibits 148: Vermeer Corp. - Overview
Exhibits 149: Vermeer Corp. - Product/Service
Exhibits 150: Vermeer Corp. - Key offerings
Exhibits 151: Xinyu FeiHu Pipeline Technical Equipment Co. Ltd. - Overview
Exhibits 152: Xinyu FeiHu Pipeline Technical Equipment Co. Ltd. - Product/Service
Exhibits 153: Xinyu FeiHu Pipeline Technical Equipment Co. Ltd. - Key offerings
Exhibits 154: Xuzhou Construction Machinery Group Co. Ltd. - Overview
Exhibits 155: Xuzhou Construction Machinery Group Co. Ltd. - Product/Service
Exhibits 156: Xuzhou Construction Machinery Group Co. Ltd. - Key offerings
Exhibits 157: Inclusions checklist
Exhibits 158: Exclusions checklist
Exhibits 159: Currency conversion rates for US$
Exhibits 160: Research methodology
Exhibits 161: Validation techniques employed for market sizing
Exhibits 162: Information sources
Exhibits 163: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global directional drilling market: Barbco Inc., CHTC Jove Heavy Industry Co., Granite Construction Inc., H.H. Drill Tech Drilling Machinery Co. Ltd., Halliburton Co., Herrenknecht AG, Jiangsu Dilong Heavy Machinery Co. Ltd., Jindal Drilling and Industries Ltd., Nabors Industries Ltd., NOV Inc., Prime Drilling GmbH, Radius HDD Direct LLC, Schlumberger Ltd., Scientific Drilling International, Terra AG, Tracto Technik GmbH and Co. KG, Vermeer Corp., Xinyu FeiHu Pipeline Technical Equipment Co. Ltd., Xuzhou Construction Machinery Group Co. Ltd., and Goodeng International.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emergence of automation in directional drilling.'

According to the report, one of the major drivers for this market is the rise in demand for oil and gas worldwide.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Barbco Inc.
  • CHTC Jove Heavy Industry Co.
  • Granite Construction Inc.
  • H.H. Drill Tech Drilling Machinery Co. Ltd.
  • Halliburton Co.
  • Herrenknecht AG
  • Jiangsu Dilong Heavy Machinery Co. Ltd.
  • Jindal Drilling and Industries Ltd.
  • Nabors Industries Ltd.
  • NOV Inc.
  • Prime Drilling GmbH
  • Radius HDD Direct LLC
  • Schlumberger Ltd.
  • Scientific Drilling International
  • Terra AG
  • Tracto Technik GmbH and Co. KG
  • Vermeer Corp.
  • Xinyu FeiHu Pipeline Technical Equipment Co. Ltd.
  • Xuzhou Construction Machinery Group Co. Ltd.
  • Goodeng International