Global Directional Drilling Services Market Size, Status and Forecast 2020-2026

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.
In terms of services, MWD & survey hold the largest market share in the directional drilling services market. In terms of applications, the market is dominated by onshore applications but offshore applications are expected to gain traction as well in the foreseeable future.

Market Analysis and Insights: Global Directional Drilling Services Market
The global Directional Drilling Services market size is projected to reach US$ 10420 million by 2026, from US$ 10270 million in 2020, at a CAGR of 1.4%% during 2021-2026.

Global Directional Drilling Services Scope and Market Size
Directional Drilling Services market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Directional Drilling Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

The key players covered in this study

Baker Hughes Incorporated
Halliburton Company
Schlumberger Limited
Weatherford International PLc.
National Oilwell Varco
GE Oil & Gas
Nabors Industries Ltd.
Cathedral Energy Services Ltd.
Jindal Drilling & Industries Limited
Gyrodata Incorporated
Scientific Drilling International
Leam Drilling Systems, LLC.

Market segment by Type, the product can be split into

Logging While Drilling (LWD)
Measurement While Drilling (MWD) & survey
Rotary Steerable System (RSS)
Motors
Others

Market segment by Application, split into

Onshore
Offshore

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India