Directional Drilling Services Market By Size, Supplier, Demand Analysis, Type, Statistics, Regions and Forecast - 2027


Posted December 16, 2021 by Deepak97Yadav

The Directional Drilling Services Market is expected to grow at a CAGR of approximately 5% during the forecast period 2021-2027.
 
The Directional Drilling Services Market is expected to grow at a CAGR of approximately 5% during the forecast period 2021-2027.

Directional drilling controls the trajectory and deviation of the well during drilling operations. It exits the well and explores the oil field at the target location. The shale gas revolution, increasing energy demand due to urbanization and industrialization, and the discovery of oil fields in onshore and offshore regions are the major factors driving the directional drilling services market. Horizontal directional drilling (HDD) or directional boring is a steerable trenchless method of laying conduits, cables, and underground pipes with minimal impact to continuous areas. HDDs are mainly used in utility installations, cable laying, and underground construction.

 

 

 

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Company Profile

Key players operating in the global directional drilling services market include, Halliburton Company, Baker Hughes Incorporated, National Oil well Varco, Inc., Weatherford International plc, Jindal Drilling & Industries Limited, Cathedral Energy Services Ltd., and Schlumberger Limited.

Market Segmentation

The following segmentation are covered in this report:

By Application

Onshore Applications
Offshore Applications

By Service

Rotary Steerable System (RSS)
Logging-While-Drilling(LWD)
Measurement-While-Drilling (MWD) & Survey
Motors (MUD Motors)
Others

By Type

Conventional
Rotary Steerable System

 


Scope of the Report

The research study analyzes the global Directional Drilling Services Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

A full report of Global Directional Drilling Services Market is available at:https://www.orionmarketreports.com/directional-drilling-services-market/57841/  

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Directional Drilling Services Market Report

1. What was the Directional Drilling Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

What will be the CAGR of Directional Drilling Services Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Directional Drilling Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

 

The report covers the following objectives:

Proliferation and maturation of trade in the global Directional Drilling Services Market market.
The market share of the global Directional Drilling Services Market market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the global Directional Drilling Services Market market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Directional Drilling Services Market market.


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About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

 

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 780-304-0404

 

 

 
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Issued By Deepak Yadav
Country India
Categories Business
Tags directional drilling services market
Last Updated December 16, 2021