Global Directional Drilling Services Market Reviews, Methodology and Technological advancements forecast 2021

The Middle East segment is expected to be the fastest growing segment of the directional drilling services market during the forecast period. The increasing demand for energy due to urbanization and industrialization, new oilfield discoveries is continuously increasing which will further boost the demand for directional drilling services in the region. Apart from the Middle East, North America is also the biggest market for directional drilling services.

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The directional drilling services market is projected to reach USD 10.30 billion by 2021, growing at a CAGR of 4.34% during the forecast period. Increasing energy demand due to industrialization & urbanization, shale gas developments, advancement are set to drive the market growth for directional drilling services across the world.

Introduction
1 Objectives of the Study
2 Market Definition
3 Market Scope
4 Markets Covered
5 Countries Covered
6 Years Considered for the Study
7 Currency
8 Limitations
9 Stakeholders

Premium Insights
1 Directional Drilling Services Market, By Type
2 Directional Drilling Services Market, By Service
3 Directional Drilling Services Market, By Application
4 Directional Drilling Services Market: Application vs Type
5 North America: the Largest Market During the Forecast Period

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The ecosystem of the global directional drilling services market starts with the production and manufacturing of iron and steel. The manufactured parts are then assembled by the oilfield service providers to form directional drilling systems, which are then tested. This stage is followed by supply of the directional drilling services to the oilfield operator companies for onshore and offshore applications.

Competitive Landscape
1 Overview
2 Market Share Analysis, By Revenue, 2015
3 Competitive Situation & Trends
4 Key New Product/Service Developments
5 Key Expansions
6 Key Contracts & Agreements
7 Key Mergers & Acquisitions
8 Key Partnerships, Collaborations, Alliance, & Joint Ventures

The report segments the market on the basis of application-onshore & offshore; type- conventional & Rotary steerable system; service- Rotary Steerable Systems (RSS), Logging while drilling (LWD), Measurement while drilling (MWD)& Survey, Motors, and Others; and region-Asia-Pacific, North America, South America, Europe, the Middle East and Africa.

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The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 43%, Tier2-33%, and Tier 3-24%
• By Designation: D Level -35%, C Level-25%, and Engineer level-40%
• By Region:Asia-Pacific-45%, Europe-30%, Americas-15%, and RoW-10%

Directional drilling is the practice of controlling the trajectory and deviation of the well during drilling operations, along a planned path to explore the oil from a targeted position in the typical geologic structural oilfields. The report segments directional drilling services on the basis of its types which include conventional and rotary steerable system. Conventional type is the fastest growth markets for directional drilling services.

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