Press release
Global Directional Drilling Market drivers, restraints, growth opportunities, and challenges 2018
This report studies the global Directional Drilling market status and forecast, categorizes the global Directional Drilling market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Directional drilling is the practice of deviating the wellbore along a planned path to a specific location (also known as target location). The target location is predetermined and is at a given lateral distance and direction from the vertical. Directional drilling is carried out as vertically as possible from a given true vertical depth (TVD).
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The increase in the number of deepwater and ultra-deepwater drilling projects will be one of the major factors that will have a positive impact on the growth of the market. The rise in the number of drilling projects, the need for directional drilling services is certain to increase due to a variety of applications provided by it for drilling or production project. For instance, In January 2017, BP (British Petroleum) started a major project, Thunder Horse South Expansion, in the Gulf of Mexico almost a year before its scheduled time. Such projects will increase production of crude oil production.
The market has the presence of a considerable number of manufacturers and appears to be highly competitive. The manufacturers in the market are investing in research and development to increase the drilling performance. The level of competition among the players will intensify in the coming years due to the increase in technological innovations, product extensions, and the increase in M&A.
In terms of geographic regions, the Americas will be the major revenue contributor to the market among recent years. The increase in energy demand in the US, Mexico, and Canada makes North America the second largest consumer of crude oil across the globe. The support from the government of various countries towards exploration and drilling activities will drive the demand for directional drilling in this region.
The global Directional Drilling market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Baker Hughes
Halliburton
Schlumberger
Weatherford
Cathedral Energy Services
Directional Technologies
Ensco
Gyrodata
Jindal Drilling and Industries
LEAM Drilling Systems
MOTIVE DRILLING TECHNOLOGIES
Nabors Industries
National Oilwell Varco
Seadrill
SCIENTIFIC DRILLING INTERNATIONAL
TRANSOCEAN
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Gas
Oil
Others
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Onshore
Offshore
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The study objectives of this report are:
To analyze and study the global Directional Drilling capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Directional Drilling manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Directional Drilling are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Directional Drilling Manufacturers
Directional Drilling Distributors/Traders/Wholesalers
Directional Drilling Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Directional Drilling market, by end-use.
Detailed analysis and profiles of additional market players.
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Table of Contents
Global Directional Drilling Market Research Report 2018
1 Directional Drilling Market Overview
1.1 Product Overview and Scope of Directional Drilling
1.2 Directional Drilling Segment by Type (Product Category)
1.2.1 Global Directional Drilling Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Directional Drilling Production Market Share by Type (Product Category) in 2017
1.2.3 Gas
1.2.4 Oil
1.2.5 Others
1.3 Global Directional Drilling Segment by Application
1.3.1 Directional Drilling Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Directional Drilling Market by Region (2013-2025)
1.4.1 Global Directional Drilling Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 North America Status and Prospect (2013-2025)
1.4.3 Europe Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 Southeast Asia Status and Prospect (2013-2025)
1.4.7 India Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of Directional Drilling (2013-2025)
1.5.1 Global Directional Drilling Revenue Status and Outlook (2013-2025)
1.5.2 Global Directional Drilling Capacity, Production Status and Outlook (2013-2025)
2 Global Directional Drilling Market Competition by Manufacturers
2.1 Global Directional Drilling Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Directional Drilling Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Directional Drilling Production and Share by Manufacturers (2013-2018)
2.2 Global Directional Drilling Revenue and Share by Manufacturers (2013-2018)
2.3 Global Directional Drilling Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Directional Drilling Manufacturing Base Distribution, Sales Area and Product Type
2.5 Directional Drilling Market Competitive Situation and Trends
2.5.1 Directional Drilling Market Concentration Rate
2.5.2 Directional Drilling Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Directional Drilling Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Directional Drilling Capacity and Market Share by Region (2013-2018)
3.2 Global Directional Drilling Production and Market Share by Region (2013-2018)
3.3 Global Directional Drilling Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 North America Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.6 Europe Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.7 China Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.8 Japan Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.9 Southeast Asia Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.10 India Directional Drilling Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
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