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Global Directional Drilling Service Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 240
  • CATEGORY
  • Information Technology
Directional Drilling Service market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Directional Drilling Service market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Directional Drilling Service manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Directional Drilling Service market covering all its essential aspects.

Global Directional Drilling Service Market: Segmentations


Global Directional Drilling Service Market: By Types
Conventional System
Rotary Steerable System

Global Directional Drilling Service Market: By Applications
Onshore
Offshore

Global Directional Drilling Service Market: Major Players
GE Oil and Gas
Halliburton
Scientific Drilling International
DP Jindal Group
GE(Baker Hughes)
National Oilwell Varco
Nabors Industries
Schlumberger Limited
Cathedral Energy Services
Weatherford International
Leam Drilling Systems
Jindal Drilling and Industries Limited
Gyrodata Incorporated
GB Directional Drilling Services
Quanta Services

Global Directional Drilling Service Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Directional Drilling Service market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Directional Drilling Service would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Directional Drilling Service Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 Product Overview and Scope of Directional Drilling Service
1.2 Classification of Directional Drilling Service by Type
1.2.1 Overview: Global Directional Drilling Service Market Size by Type: 2017 Versus 2022 Versus 2032
1.2.2 Global Directional Drilling Service Revenue Market Share by Type in 2022
1.2.3 Conventional System
1.2.4 Rotary Steerable System
1.3 Global Directional Drilling Service Market by Application
1.3.1 Overview: Global Directional Drilling Service Market Size by Application: 2017 Versus 2022 Versus 2032
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Directional Drilling Service Market Size & Forecast
1.5 Global Directional Drilling Service Market Size and Forecast by Region
1.5.1 Global Directional Drilling Service Market Size by Region: 2017 VS 2022 VS 2032
1.5.2 Global Directional Drilling Service Market Size by Region, (2016-2021)
1.5.3 North America Directional Drilling Service Market Size and Prospect (2017-2032)
1.5.4 Europe Directional Drilling Service Market Size and Prospect (2017-2032)
1.5.5 Asia-Pacific Directional Drilling Service Market Size and Prospect (2017-2032)
1.5.6 South America Directional Drilling Service Market Size and Prospect (2017-2032)
1.5.7 Middle East and Africa Directional Drilling Service Market Size and Prospect (2017-2032)
1.6 Market Drivers, Restraints and Trends
1.6.1 Directional Drilling Service Market Drivers
1.6.2 Directional Drilling Service Market Restraints
1.6.3 Directional Drilling Service Trends Analysis
2 Company Profiles
2.1 GE Oil and Gas
2.1.1 GE Oil and Gas Details
2.1.2 GE Oil and Gas Major Business
2.1.3 GE Oil and Gas Directional Drilling Service Product and Solutions
2.1.4 GE Oil and Gas Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.1.5 GE Oil and Gas Recent Developments and Future Plans
2.2 Halliburton
2.2.1 Halliburton Details
2.2.2 Halliburton Major Business
2.2.3 Halliburton Directional Drilling Service Product and Solutions
2.2.4 Halliburton Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.2.5 Halliburton Recent Developments and Future Plans
2.3 Scientific Drilling International
2.3.1 Scientific Drilling International Details
2.3.2 Scientific Drilling International Major Business
2.3.3 Scientific Drilling International Directional Drilling Service Product and Solutions
2.3.4 Scientific Drilling International Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.3.5 Scientific Drilling International Recent Developments and Future Plans
2.4 DP Jindal Group
2.4.1 DP Jindal Group Details
2.4.2 DP Jindal Group Major Business
2.4.3 DP Jindal Group Directional Drilling Service Product and Solutions
2.4.4 DP Jindal Group Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.4.5 DP Jindal Group Recent Developments and Future Plans
2.5 GE(Baker Hughes)
2.5.1 GE(Baker Hughes) Details
2.5.2 GE(Baker Hughes) Major Business
2.5.3 GE(Baker Hughes) Directional Drilling Service Product and Solutions
2.5.4 GE(Baker Hughes) Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.5.5 GE(Baker Hughes) Recent Developments and Future Plans
2.6 National Oilwell Varco
2.6.1 National Oilwell Varco Details
2.6.2 National Oilwell Varco Major Business
2.6.3 National Oilwell Varco Directional Drilling Service Product and Solutions
2.6.4 National Oilwell Varco Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.6.5 National Oilwell Varco Recent Developments and Future Plans
2.7 Nabors Industries
2.7.1 Nabors Industries Details
2.7.2 Nabors Industries Major Business
2.7.3 Nabors Industries Directional Drilling Service Product and Solutions
2.7.4 Nabors Industries Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.7.5 Nabors Industries Recent Developments and Future Plans
2.8 Schlumberger Limited
2.8.1 Schlumberger Limited Details
2.8.2 Schlumberger Limited Major Business
2.8.3 Schlumberger Limited Directional Drilling Service Product and Solutions
2.8.4 Schlumberger Limited Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.8.5 Schlumberger Limited Recent Developments and Future Plans
2.9 Cathedral Energy Services
2.9.1 Cathedral Energy Services Details
2.9.2 Cathedral Energy Services Major Business
2.9.3 Cathedral Energy Services Directional Drilling Service Product and Solutions
2.9.4 Cathedral Energy Services Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.9.5 Cathedral Energy Services Recent Developments and Future Plans
2.10 Weatherford International
2.10.1 Weatherford International Details
2.10.2 Weatherford International Major Business
2.10.3 Weatherford International Directional Drilling Service Product and Solutions
2.10.4 Weatherford International Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.10.5 Weatherford International Recent Developments and Future Plans
2.11 Leam Drilling Systems
2.11.1 Leam Drilling Systems Details
2.11.2 Leam Drilling Systems Major Business
2.11.3 Leam Drilling Systems Directional Drilling Service Product and Solutions
2.11.4 Leam Drilling Systems Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.11.5 Leam Drilling Systems Recent Developments and Future Plans
2.12 Jindal Drilling and Industries Limited
2.12.1 Jindal Drilling and Industries Limited Details
2.12.2 Jindal Drilling and Industries Limited Major Business
2.12.3 Jindal Drilling and Industries Limited Directional Drilling Service Product and Solutions
2.12.4 Jindal Drilling and Industries Limited Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.12.5 Jindal Drilling and Industries Limited Recent Developments and Future Plans
2.13 Gyrodata Incorporated
2.13.1 Gyrodata Incorporated Details
2.13.2 Gyrodata Incorporated Major Business
2.13.3 Gyrodata Incorporated Directional Drilling Service Product and Solutions
2.13.4 Gyrodata Incorporated Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.13.5 Gyrodata Incorporated Recent Developments and Future Plans
2.14 GB Directional Drilling Services
2.14.1 GB Directional Drilling Services Details
2.14.2 GB Directional Drilling Services Major Business
2.14.3 GB Directional Drilling Services Directional Drilling Service Product and Solutions
2.14.4 GB Directional Drilling Services Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.14.5 GB Directional Drilling Services Recent Developments and Future Plans
2.15 Quanta Services
2.15.1 Quanta Services Details
2.15.2 Quanta Services Major Business
2.15.3 Quanta Services Directional Drilling Service Product and Solutions
2.15.4 Quanta Services Directional Drilling Service Revenue, Gross Margin and Market Share (2017-2022)
2.15.5 Quanta Services Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Directional Drilling Service Revenue and Share by Players (2017-2022)
3.2 Market Concentration Rate
3.2.1 Top 3 Directional Drilling Service Players Market Share
3.2.2 Top 10 Directional Drilling Service Players Market Share
3.2.3 Market Competition Trend
3.3 Directional Drilling Service Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Directional Drilling Service Revenue and Market Share by Type (2016-2021)
4.2 Global Directional Drilling Service Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Directional Drilling Service Revenue Market Share by Application (2016-2021)
5.2 Directional Drilling Service Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Directional Drilling Service Revenue by Type (2017-2032)
6.2 North America Directional Drilling Service Revenue by Application (2017-2032)
6.3 North America Directional Drilling Service Market Size by Country
6.3.1 North America Directional Drilling Service Revenue by Country (2017-2032)
6.3.2 United States Directional Drilling Service Market Size and Forecast (2017-2032)
6.3.3 Canada Directional Drilling Service Market Size and Forecast (2017-2032)
6.3.4 Mexico Directional Drilling Service Market Size and Forecast (2017-2032)
7 Europe by Country, by Type, and by Application
7.1 Europe Directional Drilling Service Revenue by Type (2017-2032)
7.2 Europe Directional Drilling Service Revenue by Application (2017-2032)
7.3 Europe Directional Drilling Service Market Size by Country
7.3.1 Europe Directional Drilling Service Revenue by Country (2017-2032)
7.3.2 Germany Directional Drilling Service Market Size and Forecast (2017-2032)
7.3.3 France Directional Drilling Service Market Size and Forecast (2017-2032)
7.3.4 United Kingdom Directional Drilling Service Market Size and Forecast (2017-2032)
7.3.5 Russia Directional Drilling Service Market Size and Forecast (2017-2032)
7.3.6 Italy Directional Drilling Service Market Size and Forecast (2017-2032)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Directional Drilling Service Revenue by Type (2017-2032)
8.2 Asia-Pacific Directional Drilling Service Revenue by Application (2017-2032)
8.3 Asia-Pacific Directional Drilling Service Market Size by Region
8.3.1 Asia-Pacific Directional Drilling Service Revenue by Region (2017-2032)
8.3.2 China Directional Drilling Service Market Size and Forecast (2017-2032)
8.3.3 Japan Directional Drilling Service Market Size and Forecast (2017-2032)
8.3.4 South Korea Directional Drilling Service Market Size and Forecast (2017-2032)
8.3.5 India Directional Drilling Service Market Size and Forecast (2017-2032)
8.3.6 Southeast Asia Directional Drilling Service Market Size and Forecast (2017-2032)
8.3.7 Australia Directional Drilling Service Market Size and Forecast (2017-2032)
9 South America by Country, by Type, and by Application
9.1 South America Directional Drilling Service Revenue by Type (2017-2032)
9.2 South America Directional Drilling Service Revenue by Application (2017-2032)
9.3 South America Directional Drilling Service Market Size by Country
9.3.1 South America Directional Drilling Service Revenue by Country (2017-2032)
9.3.2 Brazil Directional Drilling Service Market Size and Forecast (2017-2032)
9.3.3 Argentina Directional Drilling Service Market Size and Forecast (2017-2032)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Directional Drilling Service Revenue by Type (2017-2032)
10.2 Middle East & Africa Directional Drilling Service Revenue by Application (2017-2032)
10.3 Middle East & Africa Directional Drilling Service Market Size by Country
10.3.1 Middle East & Africa Directional Drilling Service Revenue by Country (2017-2032)
10.3.2 Turkey Directional Drilling Service Market Size and Forecast (2017-2032)
10.3.3 Saudi Arabia Directional Drilling Service Market Size and Forecast (2017-2032)
10.3.4 UAE Directional Drilling Service Market Size and Forecast (2017-2032)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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