Global Rotary Steerable Systems Market 2019-2023 - Product Image

Global Rotary Steerable Systems Market 2019-2023

  • ID: 4747496
  • Report
  • Region: Global
  • 118 pages
  • TechNavio
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FEATURED COMPANIES

  • Baker Hughes
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
  • MORE
Consolidation of oil and gas companies to drive market growth. To increase market share in a new energy environment where the adoption of alternative fuels and renewable energy sources is increasing, companies have resorted to the organizational restructuring of their business lines. They are opting for mergers and acquisitions. partnerships. and collaboration to cope with the changing oil and gas market conditions. Many large oil and gas companies have acquired other companies for increasing their market share and market position in the oil and gas industry.

Market Overview

Increase in investments toward directional drilling

Directional drilling is widely carried out in countries such as the US, Canada, and Saudi Arabia: this has led to the increase in the production of oil and gas from unconventional reserves. The rise in the adoption of directional drilling technologies for unconventional oil and gas production supports the growth of the global rotary steerable systems market.

Environmental concerns associated with the hydraulic fracturing process

Directional drilling has broader applications in hydraulic fracturing due to its application in horizontal drilling. The US is a major region where hydraulic fracturing is taking place at a large scale. However, there are advantages of hydraulic fracturing in the form of increased oil and gas production, but there are also environmental concerns due to methane leaks and water pollution during fracking. It is a potential threat to the entire process.

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

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Schlumberger and Weatherford, the competitive environment is quite intense. Factors such as the rising investments toward directional drilling and the consolidation of oil and gas companies, will provide considerable growth opportunities to rotary steerable systems manufactures. Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Baker Hughes
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • 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
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Increase in adoption of integrated rotary steerable systems
  • Increasing applications of IoT in oil and gas
  • Consolidation 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
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global oilfield equipment and services market
Exhibit 03: Segments of global oilfield equipment and services market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Onshore - Market size and forecast 2018-2023 ($ billions)
Exhibit 21: Onshore - Year-over-year growth 2019-2023 (%)
Exhibit 22: Offshore - Market size and forecast 2018-2023 ($ billions)
Exhibit 23: Offshore - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by application
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: Americas - Market size and forecast 2018-2023 ($ billions)
Exhibit 29: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 30: EMEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 31: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 32: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 33: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 34: Key leading countries
Exhibit 35: Market opportunity
Exhibit 36: Decision framework
Exhibit 37: Impact of drivers and challenges
Exhibit 38: Vendor landscape
Exhibit 39: Landscape disruption
Exhibit 40: Vendors covered
Exhibit 41: Vendor classification
Exhibit 42: Market positioning of vendors
Exhibit 43: Baker Hughes - Vendor overview
Exhibit 44: Baker Hughes - Business segments
Exhibit 45: Baker Hughes - Organizational developments
Exhibit 46: Baker Hughes - Geographic focus
Exhibit 47: Baker Hughes - Segment focus
Exhibit 48: Baker Hughes - Key offerings
Exhibit 49: Halliburton - Vendor overview
Exhibit 50: Halliburton - Business segments
Exhibit 51: Halliburton - Organizational developments
Exhibit 52: Halliburton - Geographic focus
Exhibit 53: Halliburton - Segment focus
Exhibit 54: Halliburton - Key offerings
Exhibit 55: National Oilwell Varco - Vendor overview
Exhibit 56: National Oilwell Varco - Business segments
Exhibit 57: National Oilwell Varco - Organizational developments
Exhibit 58: National Oilwell Varco - Geographic focus
Exhibit 59: National Oilwell Varco - Segment focus
Exhibit 60: National Oilwell Varco - Key offerings
Exhibit 61: Schlumberger - Vendor overview
Exhibit 62: Schlumberger - Business segments
Exhibit 63: Schlumberger - Organizational developments
Exhibit 64: Schlumberger - Geographic focus
Exhibit 65: Schlumberger - Segment focus
Exhibit 66: Schlumberger - Key offerings
Exhibit 67: Weatherford - Vendor overview
Exhibit 68: Weatherford - Business segments
Exhibit 69: Weatherford - Organizational developments
Exhibit 70: Weatherford - Segment focus
Exhibit 71: Weatherford - Key offerings
Exhibit 72: Validation techniques employed for market sizing
Exhibit 73: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Baker Hughes
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
  • MORE
Global Rotary Steerable Systems Market 2019-2023

The author recognizes the following companies as the key players in the global rotary steerable systems market: Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the consolidation of oil and gas companies.”

According to the report, one of the major drivers for this market is the rising investments toward directional drilling.

Further, the report states that one of the major factors hindering the growth of this market is the environmental concerns associated with the hydraulic fracturing 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
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  • Baker Hughes
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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