Free Webex Call
The United States Directional Drilling Services Market is expected to grow at a steady rate of during the forecast period. The United States Directional Drilling Services Market is driven by the increasing demand for energy and new oilfield discoveries. Additionally, growing investments in the exploration and production activities are further expected to propel the growth of the market over the next five years.Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The United States Directional Drilling Services Market is segmented based on type, service, technology, application, company and region. Based on type, the market can be bifurcated into conventional and rotary steerable system. The rotary steerable system type is expected to register significant growth during forecast period attributable to the need for remote steering which provides improved trajectory control resulting in reduced drilling time and smoother well bores. Based on service, the market can be categorized into logging-while-drilling (LWD), measurement-while-drilling (MWD) & survey, motors (MUD Motors) and others. The measurement-while-drilling (MWD) & survey is expected to hold a significant market share during forecast period on account of the ability to continuously monitor wellbore and the real time directional survey of downhole conditions.
Major players operating in the directional drilling services market include Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, National Oilwell Varco, Inc., Gyrodata Incorporated, Scientific Drilling International, Leam Drilling Systems, LLC, Weatherford International Inc. and others.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of the United States Directional Drilling Services Market.
- To classify and forecast the United States Directional Drilling Services Market based on type, service, technology, application, company and regional distribution.
- To identify drivers and challenges for the United States Directional Drilling Services Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United States Directional Drilling Services Market.
- To identify and analyze the profile of leading players operating in the United States Directional Drilling Services Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of service providers across the region. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the service providers which could not be identified due to the limitations of secondary research. The author analyzed the service providers, distribution channels and presence of all major players across the region.
The author calculated the market size of Un the United States Directional Drilling Services Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The author sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Directional drilling services providers, vendors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to directional drilling services
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the United States Directional Drilling Services Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Type:
- Conventional
- Rotary Steerable System
Market, By Service:
- Logging-While-Drilling (LWD)
- Measurement-While-Drilling (MWD) & Survey
- Motors (MUD Motors)
- Others
Market, By Technology:
- Wellbore Positioning
- Side Tracking
- Well Planning
- Others
Market, By Application:
- Onshore
- Offshore
Market, By Region:
- North-East
- Mid-West
- West
- South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the United States Directional Drilling Services Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary4. Voice of Customer11. Market Trends & Developments13. Strategic Recommendations14. About the author & Disclaimer
5. United States Directional Drilling Services Market Outlook
6. North-East United States Directional Drilling Services Market Outlook
7. Mid-West United States Directional Drilling Services Market Outlook
8. West United States Directional Drilling Services Market Outlook
9. South United States Directional Drilling Services Market Outlook
10. Market Dynamics
12. Competitive Landscape
Companies Mentioned
A selection of companies mentioned in this report includes:
- Baker Hughes Incorporated
- Halliburton Company
- Schlumberger Limited
- National Oilwell Varco, Inc.
- Gyrodata Incorporated
- Scientific Drilling International
- Leam Drilling Systems, LLC
- Weatherford International Inc.