Press release
Drilling Services Market Share, Size, Global Business Growth, Industry Revenue, Demand and Applications Market Research Report to 2027
The Global Drilling Services Market is projected to grow from USD 9.82 billion in 2020 to USD 17.44 billion in 2027 at a CAGR of 8.6% in the 2020-2027 period. | 2022 Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights.Request a Sample Copy of Drilling Services Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/104784
Major Drilling Services Market Manufacturers covered in the market report include:
Sumitomo Precision Products Co (Japan)
Siemens (Germany)
DV8 Technology Ltd. (UK)
REFLEX NOW (Australia)
Motive Drilling Technologies (U.S.)
Kearfott Corporation (U.S.)
ION Geophysical (U.S.)
Zupt, LLC (U.S.)
KLX Energy Services (U.S.)
Welltec (Denmark)
International Drilling Services LLC (Oman)
Boart Longyear (U.S.)
The Weir Group PLC (UK)
AlMansoori Specialized Engineering (United Arab Emirates)
Leam Drilling Systems LLC (U.S.)
Petrofac (UK)
Superior Energy Services (U.S.)
VES Survey International (U.S.)
Unitech Drilling Company Limited (Nigeria)
Compass Directional Guidance, Inc. (U.S.)
Oceaneering (U.S.)
TechnipFMC (UK)
Halliburton (U.S.)
Inertial Sensing One AB (Sweden)
Axis Mining Technology (Australia)
Devico AS (Norway)
Stockholm Precision Tools AB (SPT) (Sweden)
Gyrodata (U.S.)
Emerson (U.S.)
Schneider Electric (France)
Erdos Miller (U.S.)
Oliden Technology (U.S.)
Gyro Australia (Australia)
Phoenix Technology Services (Canada)
Center Drill Inc. (U.S.)
Gyro Drilling (Netherlands)
JAE (Japan)
Radial Drilling Services, Inc. (U.S.)
Integra (Russia)
JINDAL DRILLING & INDUSTRIES LTD. (India)
NewTech Services (Russia)
NOV (U.S.)
Huracan Pty Ltd. (Australia)
Baker Hughes (U.S.)
Archer - the well company (Norway)
DIDRILLSA LTDA (Colombia)
Drill Tech Solution (Azerbaijan)
China Oilfield Services Limited (China)
AnTech (UK)
Weatherford (Switzerland)
Nabors Industries (U.S.)
Scientific Drilling (U.S.)
Brownline (Netherlands)
Icefield Tools Corporation (Canada)
Schlumberger (U.S.)
Global Drilling Services Market Highlights:
Rising Energy Demand Backed by the Construction of New Infrastructures to Aid Growth
Different countries across the globe have observed a substantial spike in the overall energy intake over the last few decades. The setting up of new commercial & industrial infrastructures has propelled the emerging as well as developed economies to generate a huge power demand, fostering the growth of this market. Additionally, the increasing spending across mining, manufacturing, commercial, construction, and many other verticals has led numerous private and public authorities to intensify their efforts to cater to consumers' power demand during peak hours. For instance, in August 2019, the U.S. Census Bureau reported that the total national spending on construction for public infrastructure amplified by about USD 20 billion in June 2019 as compared to the corresponding period in the previous year.
The report for Global Drilling Services Market Revenue of Fortune Business Insights covers extensive primary research.The information is gathered from primary and secondary sources and validated by industry professionals. Interviews with analysts and industry professionals, and suppliers and distributors are among the major sources. Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Furthermore, Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements.
Impact of COVID-19 on Drilling Services Market:
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.
Crucial pointers from COVID-19 case studies:
Impact of COVID-19 on socio-economic status at regional and global scale.
Demand share and supply chain variations.
Business setup before and after the pandemic.
Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/104784
Drilling Services Market Regional Analysis:
Moreover, This report focuses on Drilling Services Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2029, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Highlights of the Report:
The report provides an analysis of the product range of the Drilling Services Market. Details regarding price trends and production volume are offered in the report.
The report also mentions market share accrued by each product in the Drilling Services Market , along with the production growth. The research report also involves industry concentration rate with reference to the raw materials.
Information related to the market share gained by each application, along with data of product consumption and estimated growth rate to be registered by each application is inculcated in the report
The study provides a thorough evaluation of the marketing strategy portfolio consisting several marketing channels that manufacturers implement to endorse their products.
The report also offers data regarding the market position and marketing channel development trends. As per market position, the report also points on branding, pricing strategies, and target.
Distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report. Manufacturing cost along with details of the labour costs is mentioned in the report.
Key questions answered in the report:
What will the market growth rate of Drilling Services Market in 2029?
What are the key factors driving the global Market?
Who are the key manufacturers in space?
What are the market opportunities, market risk and market overview of the Global Market?
What are sales, revenue, and price analysis of top manufacturers of Global Market?
Drilling Services Market Industry Competitive Analysis:
November 2020: Seadrill Ltd bagged one firm and one optional well contract from Walter Oil & Gas for the Sevan Louisiana semi-submersible rig in the Gulf of Mexico. The deal adds USD 17 million in backlog revenues for Seadrill.
November 2020: Schlumberger released MagniSphere, its innovative, high-definition NMR logging-while-drilling (LWD) service. The inventive offering is designed to deliver precise, real-time analysis for accurate well placement, leading to increased production and recovery in complex sites.
Market Segmentations:
By Application
Onshore
Offshore
Shallow Water
Deepwater
Ultra-Deepwater
By End-User
Oil & Gas
Mining
Water Exploration
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/104784
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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