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Service & Software Global Directional Drilling Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM3872060
    • |
  • 20 July, 2024
    • |
  • Global
    • |
  • 131 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Service & Software

According to our (Global Info Research) latest study, the global Directional Drilling Service market size was valued at USD 9794.6 million in 2023 and is forecast to a readjusted size of USD 11260 million by 2030 with a CAGR of 2.0% during review period.
Directional drilling service, also known as directional boring or horizontal directional drilling (HDD), refers to a technique used in the field of drilling and excavation to create boreholes with a predetermined direction and pathway. Unlike traditional vertical drilling, directional drilling allows for the installation of underground infrastructures, such as pipelines or utilities, in a controlled and precise manner. This technique involves the use of specialized drilling equipment that can steer the drill bit underground, following a desired path while maintaining accurate measurements and angles. Directional drilling is commonly employed in various industries, including oil and gas exploration, utility installations, telecommunications, and environmental remediation.
The industry trend for directional drilling services is experiencing continuous growth and expansion. This can be attributed to several factors. Firstly, the demand for energy resources, especially fossil fuels, continues to rise, leading to the exploration and extraction of oil and gas in challenging terrains. Directional drilling enables access to these reserves by reaching them from distant or difficult-to-access locations. Moreover, as urban areas become densely populated, the need for installing utilities and infrastructure underground has increased. Directional drilling offers a less disruptive and cost-effective method for installing pipelines, fiber optic cables, or utilities without significant excavation or disruption to surface infrastructure. This trend is further supported by advancements in drilling technologies, including improved drilling tools and techniques, which enable more accurate and efficient directional drilling operations.
The Global Info Research report includes an overview of the development of the Directional Drilling Service industry chain, the market status of Onshore (Vertical Drilling, Incline Drilling), Offshore (Vertical Drilling, Incline Drilling), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Directional Drilling Service.
Regionally, the report analyzes the Directional Drilling Service markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Directional Drilling Service market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Directional Drilling Service market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Directional Drilling Service industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Vertical Drilling, Incline Drilling).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Directional Drilling Service market.
Regional Analysis: The report involves examining the Directional Drilling Service market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Directional Drilling Service market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Directional Drilling Service:
Company Analysis: Report covers individual Directional Drilling Service players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Directional Drilling Service This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Onshore, Offshore).
Technology Analysis: Report covers specific technologies relevant to Directional Drilling Service. It assesses the current state, advancements, and potential future developments in Directional Drilling Service areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Directional Drilling Service market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Directional Drilling Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Vertical Drilling
Incline Drilling
Horizontal Drilling
Market segment by Application
Onshore
Offshore
Market segment by players, this report covers
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
Market segment by regions, regional analysis covers
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 and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Directional Drilling Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Directional Drilling Service, with revenue, gross margin and global market share of Directional Drilling Service from 2019 to 2024.
Chapter 3, the Directional Drilling Service competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Directional Drilling Service market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Directional Drilling Service.
Chapter 13, to describe Directional Drilling Service research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Directional Drilling Service
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Directional Drilling Service by Type
    • 1.3.1 Overview: Global Directional Drilling Service Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Directional Drilling Service Consumption Value Market Share by Type in 2023
    • 1.3.3 Vertical Drilling
    • 1.3.4 Incline Drilling
    • 1.3.5 Horizontal Drilling
  • 1.4 Global Directional Drilling Service Market by Application
    • 1.4.1 Overview: Global Directional Drilling Service Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Onshore
    • 1.4.3 Offshore
  • 1.5 Global Directional Drilling Service Market Size & Forecast
  • 1.6 Global Directional Drilling Service Market Size and Forecast by Region
    • 1.6.1 Global Directional Drilling Service Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Directional Drilling Service Market Size by Region, (2019-2030)
    • 1.6.3 North America Directional Drilling Service Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Directional Drilling Service Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Directional Drilling Service Market Size and Prospect (2019-2030)
    • 1.6.6 South America Directional Drilling Service Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East and Africa Directional Drilling Service Market Size and Prospect (2019-2030)

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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
    • 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 (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Directional Drilling Service by Company Revenue
    • 3.2.2 Top 3 Directional Drilling Service Players Market Share in 2023
    • 3.2.3 Top 6 Directional Drilling Service Players Market Share in 2023
  • 3.3 Directional Drilling Service Market: Overall Company Footprint Analysis
    • 3.3.1 Directional Drilling Service Market: Region Footprint
    • 3.3.2 Directional Drilling Service Market: Company Product Type Footprint
    • 3.3.3 Directional Drilling Service Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Directional Drilling Service Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Directional Drilling Service Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Directional Drilling Service Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Directional Drilling Service Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Directional Drilling Service Consumption Value by Type (2019-2030)
  • 6.2 North America Directional Drilling Service Consumption Value by Application (2019-2030)
  • 6.3 North America Directional Drilling Service Market Size by Country
    • 6.3.1 North America Directional Drilling Service Consumption Value by Country (2019-2030)
    • 6.3.2 United States Directional Drilling Service Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Directional Drilling Service Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Directional Drilling Service Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Directional Drilling Service Consumption Value by Type (2019-2030)
  • 7.2 Europe Directional Drilling Service Consumption Value by Application (2019-2030)
  • 7.3 Europe Directional Drilling Service Market Size by Country
    • 7.3.1 Europe Directional Drilling Service Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Directional Drilling Service Market Size and Forecast (2019-2030)
    • 7.3.3 France Directional Drilling Service Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Directional Drilling Service Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Directional Drilling Service Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Directional Drilling Service Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Directional Drilling Service Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Directional Drilling Service Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Directional Drilling Service Market Size by Region
    • 8.3.1 Asia-Pacific Directional Drilling Service Consumption Value by Region (2019-2030)
    • 8.3.2 China Directional Drilling Service Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Directional Drilling Service Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Directional Drilling Service Market Size and Forecast (2019-2030)
    • 8.3.5 India Directional Drilling Service Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Directional Drilling Service Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Directional Drilling Service Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Directional Drilling Service Consumption Value by Type (2019-2030)
  • 9.2 South America Directional Drilling Service Consumption Value by Application (2019-2030)
  • 9.3 South America Directional Drilling Service Market Size by Country
    • 9.3.1 South America Directional Drilling Service Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Directional Drilling Service Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Directional Drilling Service Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Directional Drilling Service Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Directional Drilling Service Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Directional Drilling Service Market Size by Country
    • 10.3.1 Middle East & Africa Directional Drilling Service Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Directional Drilling Service Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Directional Drilling Service Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Directional Drilling Service Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Directional Drilling Service Market Drivers
  • 11.2 Directional Drilling Service Market Restraints
  • 11.3 Directional Drilling Service Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Directional Drilling Service Industry Chain
  • 12.2 Directional Drilling Service Upstream Analysis
  • 12.3 Directional Drilling Service Midstream Analysis
  • 12.4 Directional Drilling Service Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Directional Drilling Service. Industry analysis & Market Report on Directional Drilling Service is a syndicated market report, published as Global Directional Drilling Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Directional Drilling Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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