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Directional Drilling - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Machinery & Equipment

Published: 2024-01-06

Pages: 129 Pages

Report ld: 2167715

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

Directional drilling is a drilling technique in which the wellbore is drilled to the target layer along a pre-designed direction and trajectory, called directional drilling, and generally refers to oblique drilling and horizontal drilling. The directional drilling service market includes wellbore positioning, lateral tracking, automated drilling systems, well planning, etc.

The global market for Directional Drilling was estimated to be worth US$ 9519 million in 2023 and is forecast to a readjusted size of US$ 12230 million by 2030 with a CAGR of 3.6% during the forecast period 2024-2030

Directional Drilling Market Size

M= millions and B=billions

The key players of Directional Drilling include Schlumberger, Halliburton, Baker Hughes/GE, , CNPC, Weatherford International, etc. The top five players of Directional Drilling account for approximately 74% of the total market. North America is the largest market of Directional Drilling accounting for about 28%, followed by Europe and China. In terms of Type, Horizontal Well Directional Drilling is the largest segment, with a share about 51%. And in terms of Application, the largest application is Land Directional Drilling, followed by Offshore Directional Drilling.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Directional Drilling, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Directional Drilling by region & country, by Type, and by Application.

The Directional Drilling market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Directional Drilling.

Market Segmentation

Report Metric
Details
Report Title
Directional Drilling - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 12230 million
CAGR(2024-2030)
3.6%
Market Size Available for Years
2019-2030
Global Directional Drilling Companies Covered
Schlumberger, Halliburton, Baker Hughes/GE, CNPC, Weatherford International, Nabors industries, SINOPEC, COSL, Cathedral Energy Services, Gyrodata, ANTON, ZPEC, Jindal Drilling & Industries, Scientific Drilling International, LEAM Drilling Services
Global Directional Drilling Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Directional Drilling Market, Segment by Type
Deviated Well Directional Drilling

Horizontal Well Directional Drilling
Global Directional Drilling Market, Segment by Application
Land Directional Drilling

Offshore Directional Drilling
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Directional Drilling manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Directional Drilling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Directional Drilling in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Directional Drilling Product Introduction
    1.2 Global Directional Drilling Market Size Forecast
    1.3 Directional Drilling Market Trends & Drivers
        1.3.1 Directional Drilling Industry Trends
        1.3.2 Directional Drilling Market Drivers & Opportunity
        1.3.3 Directional Drilling Market Challenges
        1.3.4 Directional Drilling Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Directional Drilling Players Revenue Ranking (2023)
    2.2 Global Directional Drilling Revenue by Company (2019-2024)
    2.3 Key Companies Directional Drilling Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Directional Drilling Product Offered
    2.5 Key Companies Time to Begin Mass Production of Directional Drilling
    2.6 Directional Drilling Market Competitive Analysis
        2.6.1 Directional Drilling Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Directional Drilling Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Directional Drilling as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Deviated Well Directional Drilling
        3.1.2 Horizontal Well Directional Drilling
    3.2 Global Directional Drilling Sales Value by Type
        3.2.1 Global Directional Drilling Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Directional Drilling Sales Value, by Type (2019-2030)
        3.2.3 Global Directional Drilling Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Land Directional Drilling
        4.1.2 Offshore Directional Drilling
    4.2 Global Directional Drilling Sales Value by Application
        4.2.1 Global Directional Drilling Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Directional Drilling Sales Value, by Application (2019-2030)
        4.2.3 Global Directional Drilling Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Directional Drilling Sales Value by Region
        5.1.1 Global Directional Drilling Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Directional Drilling Sales Value by Region (2019-2024)
        5.1.3 Global Directional Drilling Sales Value by Region (2025-2030)
        5.1.4 Global Directional Drilling Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Directional Drilling Sales Value, 2019-2030
        5.2.2 North America Directional Drilling Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Directional Drilling Sales Value, 2019-2030
        5.3.2 Europe Directional Drilling Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Directional Drilling Sales Value, 2019-2030
        5.4.2 Asia Pacific Directional Drilling Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Directional Drilling Sales Value, 2019-2030
        5.5.2 South America Directional Drilling Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Directional Drilling Sales Value, 2019-2030
        5.6.2 Middle East & Africa Directional Drilling Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Directional Drilling Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Directional Drilling Sales Value
    6.3 United States
        6.3.1 United States Directional Drilling Sales Value, 2019-2030
        6.3.2 United States Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Directional Drilling Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Directional Drilling Sales Value, 2019-2030
        6.4.2 Europe Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Directional Drilling Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Directional Drilling Sales Value, 2019-2030
        6.5.2 China Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Directional Drilling Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Directional Drilling Sales Value, 2019-2030
        6.6.2 Japan Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Directional Drilling Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Directional Drilling Sales Value, 2019-2030
        6.7.2 South Korea Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Directional Drilling Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Directional Drilling Sales Value, 2019-2030
        6.8.2 Southeast Asia Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Directional Drilling Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Directional Drilling Sales Value, 2019-2030
        6.9.2 India Directional Drilling Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Directional Drilling Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 Schlumberger
        7.1.1 Schlumberger Profile
        7.1.2 Schlumberger Main Business
        7.1.3 Schlumberger Directional Drilling Products, Services and Solutions
        7.1.4 Schlumberger Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.1.5 Schlumberger Recent Developments
    7.2 Halliburton
        7.2.1 Halliburton Profile
        7.2.2 Halliburton Main Business
        7.2.3 Halliburton Directional Drilling Products, Services and Solutions
        7.2.4 Halliburton Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.2.5 Halliburton Recent Developments
    7.3 Baker Hughes/GE
        7.3.1 Baker Hughes/GE Profile
        7.3.2 Baker Hughes/GE Main Business
        7.3.3 Baker Hughes/GE Directional Drilling Products, Services and Solutions
        7.3.4 Baker Hughes/GE Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.3.5 CNPC Recent Developments
    7.4 CNPC
        7.4.1 CNPC Profile
        7.4.2 CNPC Main Business
        7.4.3 CNPC Directional Drilling Products, Services and Solutions
        7.4.4 CNPC Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.4.5 CNPC Recent Developments
    7.5 Weatherford International
        7.5.1 Weatherford International Profile
        7.5.2 Weatherford International Main Business
        7.5.3 Weatherford International Directional Drilling Products, Services and Solutions
        7.5.4 Weatherford International Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.5.5 Weatherford International Recent Developments
    7.6 Nabors industries
        7.6.1 Nabors industries Profile
        7.6.2 Nabors industries Main Business
        7.6.3 Nabors industries Directional Drilling Products, Services and Solutions
        7.6.4 Nabors industries Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.6.5 Nabors industries Recent Developments
    7.7 SINOPEC
        7.7.1 SINOPEC Profile
        7.7.2 SINOPEC Main Business
        7.7.3 SINOPEC Directional Drilling Products, Services and Solutions
        7.7.4 SINOPEC Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.7.5 SINOPEC Recent Developments
    7.8 COSL
        7.8.1 COSL Profile
        7.8.2 COSL Main Business
        7.8.3 COSL Directional Drilling Products, Services and Solutions
        7.8.4 COSL Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.8.5 COSL Recent Developments
    7.9 Cathedral Energy Services
        7.9.1 Cathedral Energy Services Profile
        7.9.2 Cathedral Energy Services Main Business
        7.9.3 Cathedral Energy Services Directional Drilling Products, Services and Solutions
        7.9.4 Cathedral Energy Services Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.9.5 Cathedral Energy Services Recent Developments
    7.10 Gyrodata
        7.10.1 Gyrodata Profile
        7.10.2 Gyrodata Main Business
        7.10.3 Gyrodata Directional Drilling Products, Services and Solutions
        7.10.4 Gyrodata Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.10.5 Gyrodata Recent Developments
    7.11 ANTON
        7.11.1 ANTON Profile
        7.11.2 ANTON Main Business
        7.11.3 ANTON Directional Drilling Products, Services and Solutions
        7.11.4 ANTON Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.11.5 ANTON Recent Developments
    7.12 ZPEC
        7.12.1 ZPEC Profile
        7.12.2 ZPEC Main Business
        7.12.3 ZPEC Directional Drilling Products, Services and Solutions
        7.12.4 ZPEC Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.12.5 ZPEC Recent Developments
    7.13 Jindal Drilling & Industries
        7.13.1 Jindal Drilling & Industries Profile
        7.13.2 Jindal Drilling & Industries Main Business
        7.13.3 Jindal Drilling & Industries Directional Drilling Products, Services and Solutions
        7.13.4 Jindal Drilling & Industries Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.13.5 Jindal Drilling & Industries Recent Developments
    7.14 Scientific Drilling International
        7.14.1 Scientific Drilling International Profile
        7.14.2 Scientific Drilling International Main Business
        7.14.3 Scientific Drilling International Directional Drilling Products, Services and Solutions
        7.14.4 Scientific Drilling International Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.14.5 Scientific Drilling International Recent Developments
    7.15 LEAM Drilling Services
        7.15.1 LEAM Drilling Services Profile
        7.15.2 LEAM Drilling Services Main Business
        7.15.3 LEAM Drilling Services Directional Drilling Products, Services and Solutions
        7.15.4 LEAM Drilling Services Directional Drilling Revenue (US$ Million) & (2019-2024)
        7.15.5 LEAM Drilling Services Recent Developments

 8 Industry Chain Analysis
    8.1 Directional Drilling Industrial Chain
    8.2 Directional Drilling Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Directional Drilling Sales Model
        8.5.2 Sales Channel
        8.5.3 Directional Drilling Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Directional Drilling Market Trends
    Table 2. Directional Drilling Market Drivers & Opportunity
    Table 3. Directional Drilling Market Challenges
    Table 4. Directional Drilling Market Restraints
    Table 5. Global Directional Drilling Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Directional Drilling Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Directional Drilling Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Directional Drilling Product Type
    Table 9. Key Companies Time to Begin Mass Production of Directional Drilling
    Table 10. Global Directional Drilling Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Directional Drilling as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Directional Drilling Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Directional Drilling Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Directional Drilling Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Directional Drilling Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Directional Drilling Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Directional Drilling Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Directional Drilling Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Directional Drilling Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Directional Drilling Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Directional Drilling Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Directional Drilling Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Directional Drilling Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Directional Drilling Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Directional Drilling Sales Value by Region (2019-2024) & (%)
    Table 27. Global Directional Drilling Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Directional Drilling Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Directional Drilling Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Directional Drilling Sales Value, (2025-2030) & (US$ Million)
    Table 31. Schlumberger Basic Information List
    Table 32. Schlumberger Description and Business Overview
    Table 33. Schlumberger Directional Drilling Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Directional Drilling Business of Schlumberger (2019-2024)
    Table 35. Schlumberger Recent Developments
    Table 36. Halliburton Basic Information List
    Table 37. Halliburton Description and Business Overview
    Table 38. Halliburton Directional Drilling Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Directional Drilling Business of Halliburton (2019-2024)
    Table 40. Halliburton Recent Developments
    Table 41. Baker Hughes/GE Basic Information List
    Table 42. Baker Hughes/GE Description and Business Overview
    Table 43. Baker Hughes/GE Directional Drilling Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Directional Drilling Business of Baker Hughes/GE (2019-2024)
    Table 45. Baker Hughes/GE Recent Developments
    Table 46. CNPC Basic Information List
    Table 47. CNPC Description and Business Overview
    Table 48. CNPC Directional Drilling Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Directional Drilling Business of CNPC (2019-2024)
    Table 50. CNPC Recent Developments
    Table 51. Weatherford International Basic Information List
    Table 52. Weatherford International Description and Business Overview
    Table 53. Weatherford International Directional Drilling Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Directional Drilling Business of Weatherford International (2019-2024)
    Table 55. Weatherford International Recent Developments
    Table 56. Nabors industries Basic Information List
    Table 57. Nabors industries Description and Business Overview
    Table 58. Nabors industries Directional Drilling Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Directional Drilling Business of Nabors industries (2019-2024)
    Table 60. Nabors industries Recent Developments
    Table 61. SINOPEC Basic Information List
    Table 62. SINOPEC Description and Business Overview
    Table 63. SINOPEC Directional Drilling Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Directional Drilling Business of SINOPEC (2019-2024)
    Table 65. SINOPEC Recent Developments
    Table 66. COSL Basic Information List
    Table 67. COSL Description and Business Overview
    Table 68. COSL Directional Drilling Products, Services and Solutions
    Table 69. Revenue (US$ Million) in Directional Drilling Business of COSL (2019-2024)
    Table 70. COSL Recent Developments
    Table 71. Cathedral Energy Services Basic Information List
    Table 72. Cathedral Energy Services Description and Business Overview
    Table 73. Cathedral Energy Services Directional Drilling Products, Services and Solutions
    Table 74. Revenue (US$ Million) in Directional Drilling Business of Cathedral Energy Services (2019-2024)
    Table 75. Cathedral Energy Services Recent Developments
    Table 76. Gyrodata Basic Information List
    Table 77. Gyrodata Description and Business Overview
    Table 78. Gyrodata Directional Drilling Products, Services and Solutions
    Table 79. Revenue (US$ Million) in Directional Drilling Business of Gyrodata (2019-2024)
    Table 80. Gyrodata Recent Developments
    Table 81. ANTON Basic Information List
    Table 82. ANTON Description and Business Overview
    Table 83. ANTON Directional Drilling Products, Services and Solutions
    Table 84. Revenue (US$ Million) in Directional Drilling Business of ANTON (2019-2024)
    Table 85. ANTON Recent Developments
    Table 86. ZPEC Basic Information List
    Table 87. ZPEC Description and Business Overview
    Table 88. ZPEC Directional Drilling Products, Services and Solutions
    Table 89. Revenue (US$ Million) in Directional Drilling Business of ZPEC (2019-2024)
    Table 90. ZPEC Recent Developments
    Table 91. Jindal Drilling & Industries Basic Information List
    Table 92. Jindal Drilling & Industries Description and Business Overview
    Table 93. Jindal Drilling & Industries Directional Drilling Products, Services and Solutions
    Table 94. Revenue (US$ Million) in Directional Drilling Business of Jindal Drilling & Industries (2019-2024)
    Table 95. Jindal Drilling & Industries Recent Developments
    Table 96. Scientific Drilling International Basic Information List
    Table 97. Scientific Drilling International Description and Business Overview
    Table 98. Scientific Drilling International Directional Drilling Products, Services and Solutions
    Table 99. Revenue (US$ Million) in Directional Drilling Business of Scientific Drilling International (2019-2024)
    Table 100. Scientific Drilling International Recent Developments
    Table 101. LEAM Drilling Services Basic Information List
    Table 102. LEAM Drilling Services Description and Business Overview
    Table 103. LEAM Drilling Services Directional Drilling Products, Services and Solutions
    Table 104. Revenue (US$ Million) in Directional Drilling Business of LEAM Drilling Services (2019-2024)
    Table 105. LEAM Drilling Services Recent Developments
    Table 106. Key Raw Materials Lists
    Table 107. Raw Materials Key Suppliers Lists
    Table 108. Directional Drilling Downstream Customers
    Table 109. Directional Drilling Distributors List
    Table 110. Research Programs/Design for This Report
    Table 111. Key Data Information from Secondary Sources
    Table 112. Key Data Information from Primary Sources
    Table 113. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Directional Drilling Product Picture
    Figure 2. Global Directional Drilling Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Directional Drilling Sales Value (2019-2030) & (US$ Million)
    Figure 4. Directional Drilling Report Years Considered
    Figure 5. Global Directional Drilling Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Directional Drilling Revenue in 2023
    Figure 7. Directional Drilling Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. Deviated Well Directional Drilling Picture
    Figure 9. Horizontal Well Directional Drilling Picture
    Figure 10. Global Directional Drilling Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 11. Global Directional Drilling Sales Value Market Share by Type, 2023 & 2030
    Figure 12. Product Picture of Land Directional Drilling
    Figure 13. Product Picture of Offshore Directional Drilling
    Figure 14. Global Directional Drilling Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 15. Global Directional Drilling Sales Value Market Share by Application, 2023 & 2030
    Figure 16. North America Directional Drilling Sales Value (2019-2030) & (US$ Million)
    Figure 17. North America Directional Drilling Sales Value by Country (%), 2023 VS 2030
    Figure 18. Europe Directional Drilling Sales Value (2019-2030) & (US$ Million)
    Figure 19. Europe Directional Drilling Sales Value by Country (%), 2023 VS 2030
    Figure 20. Asia Pacific Directional Drilling Sales Value (2019-2030) & (US$ Million)
    Figure 21. Asia Pacific Directional Drilling Sales Value by Country (%), 2023 VS 2030
    Figure 22. South America Directional Drilling Sales Value (2019-2030) & (US$ Million)
    Figure 23. South America Directional Drilling Sales Value by Country (%), 2023 VS 2030
    Figure 24. Middle East & Africa Directional Drilling Sales Value (2019-2030) & (US$ Million)
    Figure 25. Middle East & Africa Directional Drilling Sales Value by Country (%), 2023 VS 2030
    Figure 26. Key Countries/Regions Directional Drilling Sales Value (%), (2019-2030)
    Figure 27. United States Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 28. United States Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 29. United States Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 30. Europe Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 31. Europe Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 32. Europe Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 33. China Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 34. China Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 35. China Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 36. Japan Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 37. Japan Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 38. Japan Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 39. South Korea Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 40. South Korea Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 41. South Korea Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 42. Southeast Asia Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 43. Southeast Asia Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 44. Southeast Asia Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 45. India Directional Drilling Sales Value, (2019-2030) & (US$ Million)
    Figure 46. India Directional Drilling Sales Value by Type (%), 2023 VS 2030
    Figure 47. India Directional Drilling Sales Value by Application (%), 2023 VS 2030
    Figure 48. Directional Drilling Industrial Chain
    Figure 49. Directional Drilling Manufacturing Cost Structure
    Figure 50. Channels of Distribution (Direct Sales, and Distribution)
    Figure 51. Bottom-up and Top-down Approaches for This Report
    Figure 52. Data Triangulation

Description

Directional drilling is a drilling technique in which the wellbore is drilled to the target layer along a pre-designed direction and trajectory, called directional drilling, and generally refers to oblique drilling and horizontal drilling. The directional drilling service market includes wellbore positioning, lateral tracking, automated drilling systems, well planning, etc.

The global market for Directional Drilling was estimated to be worth US$ 9519 million in 2023 and is forecast to a readjusted size of US$ 12230 million by 2030 with a CAGR of 3.6% during the forecast period 2024-2030

The key players of Directional Drilling include Schlumberger, Halliburton, Baker Hughes/GE, , CNPC, Weatherford International, etc. The top five players of Directional Drilling account for approximately 74% of the total market. North America is the largest market of Directional Drilling accounting for about 28%, followed by Europe and China. In terms of Type, Horizontal Well Directional Drilling is the largest segment, with a share about 51%. And in terms of Application, the largest application is Land Directional Drilling, followed by Offshore Directional Drilling.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Directional Drilling, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Directional Drilling by region & country, by Type, and by Application.

The Directional Drilling market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Directional Drilling.

Market Segmentation