+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Directional Drilling Market 2019-2023 - Product Image

Global Directional Drilling Market 2019-2023

  • ID: 4758169
  • Report
  • February 2019
  • Region: Global
  • 125 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 4

FEATURED COMPANIES

  • Halliburton
  • Schlumberger Limited
  • Weatherford
  • MORE
The increasing liquid fuel consumption rate is expected to grow steadily during the forecast period. triggered by the increase in industrialization and urbanization from developing countries. To meet the increase in fuel demand, major oil and gas companies have resorted to increasing their oil and gas exploration and production projects to support the demand for oil and gas consumption. Urbanization and the rise in disposable income have driven the economic development of countries. Oil and gas companies are increasing their exploration and production activities to meet the increasing demand for oil and natural gas. Companies are also focusing on those production techniques and areas where oil and gas production can be maximized. The analysts have predicted that the directional drilling market will register a CAGR of over 7% by 2023.

Market Overview

Increasing investment in offshore projects

Thus, many proposed deepwater and offshore exploratory projects are being executed by large oil and gas companies. The advances in technology for better operational performance of the projects further support the growth of offshore oil and gas projects. Thus, increasing the demand for directional drilling equipment, thereby driving market growth.

Volatile crude oil prices

E&P projects are mostly executed when the revenue generated is high so that upstream companies can make profits. The uncertainty in crude oil prices will affect investments in E&P projects, and this, in turn, will affect the growth of the global directional drilling market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the directional drilling market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be highly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Halliburton
  • Schlumberger Limited
  • Weatherford
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Integrated directional drilling technologies
  • Artificial intelligence in directional drilling
  • Collaboration of oil and gas companies
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BAKER HUGHES, a GE Company
  • Halliburton
  • Schlumberger Limited
  • Scientific Drilling International
  • Weatherford
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Onshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Onshore - Year-over-year growth 2019-2023 (%)
Exhibit 21: Offshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Offshore - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: North America - Year-over-year growth 2019-2023 (%)
Exhibit 29: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Decision framework
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: BAKER HUGHES, a GE Company - Vendor overview
Exhibit 47: BAKER HUGHES, a GE Company - Business segments
Exhibit 48: BAKER HUGHES, a GE Company - Organizational developments
Exhibit 49: BAKER HUGHES, a GE Company - Geographic focus
Exhibit 50: BAKER HUGHES, a GE Company - Segment focus
Exhibit 51: BAKER HUGHES, a GE Company - Key offerings
Exhibit 52: Halliburton - Vendor overview
Exhibit 53: Halliburton - Business segments
Exhibit 54: Halliburton - Organizational developments
Exhibit 55: Halliburton - Geographic focus
Exhibit 56: Halliburton - Segment focus
Exhibit 57: Halliburton - Key offerings
Exhibit 58: Schlumberger Limited - Vendor overview
Exhibit 59: Schlumberger Limited - Business segments
Exhibit 60: Schlumberger Limited - Organizational developments
Exhibit 61: Schlumberger Limited - Geographic focus
Exhibit 62: Schlumberger Limited - Segment focus
Exhibit 63: Schlumberger Limited - Key offerings
Exhibit 64: Scientific Drilling International - Vendor overview
Exhibit 65: Scientific Drilling International - Key offerings
Exhibit 66: Weatherford - Vendor overview
Exhibit 67: Weatherford - Business segments
Exhibit 68: Weatherford - Organizational developments
Exhibit 69: Weatherford - Segment focus
Exhibit 70: Weatherford - Key offerings
Exhibit 71: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • Halliburton
  • Schlumberger Limited
  • Weatherford
  • MORE
Global Directional Drilling Market 2019-2023

The analyst recognizes the following companies as the key players in the global directional drilling market: BAKER HUGHES, a GE Company, Halliburton, Schlumberger Limited, Scientific Drilling International, Weatherford.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the integrated directional drilling technologies.”

According to the report, one of the major drivers for this market is the increase in adoption of directional drilling technologies for unconventional oil and gas production will drive the growth of the market.

Further, the report states that one of the major factors hindering the growth of this market is the environmental concerns associated with hydraulic fracturing’s process.

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.
Note: Product cover images may vary from those shown
5 of 4
  • BAKER HUGHES, a GE Company
  • Halliburton
  • Schlumberger Limited
  • Scientific Drilling International
  • Weatherford
Note: Product cover images may vary from those shown
Adroll
adroll