Directional Drilling Services Global Market Report 2024

Global Directional Drilling Services Market Report 2024

Directional Drilling Services Global Market Report 2024 – By Services( Logging-while-Drilling (LWD), Rotary Steerable System (RSS), Measurement While Drilling (MWD) and Survey, Drag Analysis, Well Bore Positioning, Other Services), By Well Type( Horizontal, Multilateral, Extended Reach), By Application( Onshore, Offshore) – Market Size, Trends, And Global Forecast 2024-2033

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Directional Drilling Services Global Market Report 2024

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Directional Drilling Services Market Definition

Directional drilling service refers to the process of managing a wellbore's direction and deviation to a predetermined subsurface target or location. The directional drilling services are used to precisely locate the reservoir's most lucrative zone. Irrespective of the reservoir environment, the best-integrated suite of directional drilling services reduces construction costs and increases output in several important ways.

The main types of directional drilling services are logging-while-drilling, rotary steerable system, measurement while drilling and survey, drag analysis, wellbore positioning, and other services. Logging-while-drilling (LWD) refers to the practice of adding wireline-quality formation parameters to the directional data. The various well types are horizontal, multilateral, and extended reach. These are used onshore, and offshore.

Directional Drilling Services Market Segmentation

The directional drilling services market covered in this report is segmented –

1) By Services: Logging-while-Drilling (LWD), Rotary Steerable System (RSS), Measurement While Drilling (MWD) and Survey, Drag Analysis, Well Bore Positioning, Other Services

2) By Well Type: Horizontal, Multilateral, Extended Reach

3) By Application: Onshore, Offshore

Global Directional Drilling Services Market Size 2023 to 2028: Graph

Directional Drilling Services Market Size 2024 And Growth Rate

The directional drilling services market size has grown strongly in recent years. It will grow from $14.69 billion in 2023 to $15.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to oil and gas exploration boom, offshore exploration and production, complex reservoir geology, cost-efficiency and time savings, horizontal drilling adoption, environmental and regulatory considerations, deepwater exploration challenges.

Directional Drilling Services Market Growth Forecast

The directional drilling services market size is expected to see strong growth in the next few years. It will grow to $21.52 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to renewable energy infrastructure, growing demand for natural gas, geopolitical factors and energy security, economic viability of unconventional resources, focus on emissions reduction. Major trends in the forecast period include technological advancements in directional drilling, focus on wellbore positioning and surveying, automation and robotics, collaboration and partnerships, geosteering and reservoir navigation.

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Directional Drilling Services Market Driver: Unleashing The Growth Potential Of Directional Drilling Services Amidst Soaring Oil And Gas Production From Unconventional Reserves

An increase in the production of oil and gas from unconventional reserves is expected to propel the growth of the directional drilling services market going forward. Oil and gas production refers to the broad process of converting crude oil and natural gas extracted from wells into usable petroleum products for consumers. Directional drilling helps in the production of oil and gas by not only drilling vertically but also at other angles to better access and extract oil and gas reserves. For instance, in August 2022, according to the short-term energy outlook report published by the U.S. Energy Information Administration (EIA), a US-based, principal agency of the U.S. Federal Statistical System responsible for collecting energy information, global petroleum and other liquids production in 2020, reached 98.33 million barrels per day, that increased to 95.68 million barrels per day in 2021. Therefore, an increase in the production of oil and gas is driving the growth of the directional drilling services market.

Directional Drilling Services Market Driver: Surging Demand For Natural Gas Distribution Driving Growth In Directional Drilling Services Market

Growing demand for distribution of natural gas is expected to propel the growth of the directional drilling services market going forward. Natural gas is a fossil fuel that primarily consists of methane (CH4) along with small amounts of other hydrocarbons, such as ethane, propane, butane, and pentane, as well as trace amounts of non-hydrocarbon gases. Directional drilling services in distribution of natural gas facilitate for accessing remote and complex reservoirs where natural gas is found. For instance, in September 2023, according to Ministry of petroleum and natural gas, government of India, Growth for Petroleum products is registered 8.2% YoY basis. Therefore, growing demand for distribution of natural gas is driving the growth of the directional drilling services market.

Global Directional Drilling Services Market Major Players

Major companies operating in the directional drilling services market report are Baker Hughes Incorporated, Cathedral Energy Services Limited, Crescent Directional Drilling LP, Halliburton Company, Jindal Drilling and Industries Limited, Leam Drilling Systems Inc., Nabors Industries Limited, National Energy Services Reunited Corporation, NewTech Services Holding Limited, NOV Inc., Phoenix Technology Services Corp., PHX Energy Services Corporation, Schlumberger Limited, Scientific Drilling International Inc., Weatherford International PLC, Boart Longyear Group Ltd., Ensign Energy Services Inc., Foraco International SA, Gyrodata Inc., Noble Corporation Plc, Patterson-UTI Energy Inc., AKITA Drilling Ltd., Archer Limited, Baker Hughes Company, Helmerich & Payne Inc., Horizon Drilling Inc., Independence Contract Drilling Inc., Odfjell Drilling Ltd., Parker Drilling Company, Precision Drilling Corporation, Savanna Energy Services Corp., Trinidad Drilling Ltd., Western Energy Services Corp., Xtreme Drilling Corp.

Global Directional Drilling Services Market Trend: The Surge Of Technological Advancements In The Directional Drilling Services Market

Technological advancement is a key trend gaining popularity in the directional drilling services market. Major players in directional drilling services are focused on technological advancements to sustain their marketplace. For instance, in August 2021, Schlumberger, a US-based, oilfield services company, launched autonomous directional drilling (ADD), which includes solutions to steer autonomously through any section of the wellbore. The new technology outlines ways to steer autonomously through any part of the wellbore and uses a downhole automated control system that is intelligent and dynamic and can instantaneously analyze and respond to data. The technology advancements allow for a self-steering bottom hole system that can drill through any good section. The current versions of ADD feature the auto-vertical, auto-tangent, and auto-curve functions.

Global Directional Drilling Services Market Trend: Strategic Collaborations And Partnerships Driving Expansion In The Directional Drilling Services Market

In June 2023, Nabors Industries Ltd UK based Drilling oil and gas wells company partnered with US-based oil service company, Halliburton Company to dominate well construction automation solutions. With this partnership Halliburton and Nabors will collaborate on their technologies including the Halliburton Well Construction 4.0 digital surface and subsurface drilling technologies, the LOGIX Autonomous Drilling Platform, and the Nabors SmartROS universal rig controls and automation platform and RigCLOUD high-performance digital infrastructure platform.

Directional Drilling Services Market Merger And Acquisition: Legacy Directional Drilling Acquires Renegade To Bolster Downhole Drilling Motor Expertise

In September 2023, Legacy Directional Drilling, LLC, a US-based Directional Drilling Services company acquired Renegade Oil Tools LLC for an undisclosed amount. With this acquistion, Renegade to maintain its focus on building the best downhole drilling motors in the industry and are eager to be a key component of Legacy's next phase of growth. Renegade Oil Tools LLC, a US- based manufacturer of high-performance drilling motors and drilling motor components.

Regional Outlook For The Global Directional Drilling Services Market

North America was the largest region in the directional drilling services market in 2023. Asia-Pacific was the second-largest region in the directional drilling services market report. The regions covered in the directional drilling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the directional drilling services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The directional drilling services market includes revenues earned by entities by providing directional drilling, and geo steering services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The directional drilling services market research report is one of a series of new reports from The Business Research Company that provides directional drilling services market statistics, including directional drilling services industry global market size, regional shares, competitors with a directional drilling services market share, detailed directional drilling services market segments, market trends and opportunities, and any further data you may need to thrive in the directional drilling services industry. This directional drilling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Directional Drilling Services Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$15.91 billion
Revenue Forecast In 2033	$21.52 billion
Growth Rate	CAGR of 7.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Services: Logging-while-Drilling (LWD), Rotary Steerable System (RSS), Measurement While Drilling (MWD) and Survey, Drag Analysis, Well Bore Positioning, Other Services 2) By Well Type: Horizontal, Multilateral, Extended Reach 3) By Application: Onshore, Offshore
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Baker Hughes Incorporated; Cathedral Energy Services Limited; Crescent Directional Drilling LP; Halliburton Company; Jindal Drilling and Industries Limited; Leam Drilling Systems Inc.; Nabors Industries Limited; National Energy Services Reunited Corporation; NewTech Services Holding Limited; NOV Inc.; Phoenix Technology Services Corp.; PHX Energy Services Corporation; Schlumberger Limited; Scientific Drilling International Inc.; Weatherford International PLC; Boart Longyear Group Ltd.; Ensign Energy Services Inc.; Foraco International SA; Gyrodata Inc.; Noble Corporation PLC; Patterson-UTI Energy Inc.; AKITA Drilling Ltd.; Archer Limited; Baker Hughes Company; Helmerich & Payne Inc.; Horizon Drilling Inc.; Independence Contract Drilling Inc.; Odfjell Drilling Ltd.; Parker Drilling Company; Precision Drilling Corporation; Savanna Energy Services Corp.; Trinidad Drilling Ltd.; Western Energy Services Corp.; Xtreme Drilling Corp.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Directional Drilling Services Market Characteristics

3. Directional Drilling Services Market Trends And Strategies

4. Directional Drilling Services Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Directional Drilling Services Market Size and Growth

5.1. Global Directional Drilling Services Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Directional Drilling Services Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Directional Drilling Services Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Directional Drilling Services Market Segmentation

6.1. Global Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Horizontal

Multilateral

Extended Reach

6.2. Global Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Logging-while-Drilling (LWD)

Rotary Steerable System (RSS)

Measurement While Drilling (MWD) and Survey

Drag Analysis

Well Bore Positioning

Other Services

6.3. Global Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Onshore

Offshore

7. Directional Drilling Services Market Regional And Country Analysis

7.1. Global Directional Drilling Services Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Directional Drilling Services Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Directional Drilling Services Market

8.1. Asia-Pacific Directional Drilling Services Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Directional Drilling Services Market

9.1. China Directional Drilling Services Market Overview

9.2. China Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Directional Drilling Services Market

10.1. India Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Directional Drilling Services Market

11.1. Japan Directional Drilling Services Market Overview

11.2. Japan Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Directional Drilling Services Market

12.1. Australia Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Directional Drilling Services Market

13.1. Indonesia Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Directional Drilling Services Market

14.1. South Korea Directional Drilling Services Market Overview

14.2. South Korea Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Directional Drilling Services Market

15.1. Western Europe Directional Drilling Services Market Overview

15.2. Western Europe Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Directional Drilling Services Market

16.1. UK Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Directional Drilling Services Market

17.1. Germany Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Directional Drilling Services Market

18.5. France Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Directional Drilling Services Market

19.9. Italy Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Directional Drilling Services Market

20.13. Spain Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Directional Drilling Services Market

21.1. Eastern Europe Directional Drilling Services Market Overview

21.2. Eastern Europe Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Directional Drilling Services Market

22.1. Russia Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Directional Drilling Services Market

23.1. North America Directional Drilling Services Market Overview

23.2. North America Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Directional Drilling Services Market

24.1. USA Directional Drilling Services Market Overview

24.2. USA Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Directional Drilling Services Market

25.1. Canada Directional Drilling Services Market Overview

25.2. Canada Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Directional Drilling Services Market

26.1. South America Directional Drilling Services Market Overview

26.2. South America Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Directional Drilling Services Market

27.1. Brazil Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Directional Drilling Services Market

28.1. Middle East Directional Drilling Services Market Overview

28.2. Middle East Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Directional Drilling Services Market

29.1. Africa Directional Drilling Services Market Overview

29.2. Africa Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Directional Drilling Services Market Competitive Landscape And Company Profiles

30.1. Directional Drilling Services Market Competitive Landscape

30.2. Directional Drilling Services Market Company Profiles

30.2.1. Baker Hughes Incorporated

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Cathedral Energy Services Limited

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Crescent Directional Drilling LP

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Halliburton Company

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Jindal Drilling and Industries Limited

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Directional Drilling Services Market Competitive Benchmarking

32. Global Directional Drilling Services Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Directional Drilling Services Market

34. Directional Drilling Services Market Future Outlook and Potential Analysis

34.1 Directional Drilling Services Market In 2028 - Countries Offering Most New Opportunities

34.2 Directional Drilling Services Market In 2028 - Segments Offering Most New Opportunities

34.3 Directional Drilling Services Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Directional Drilling Services Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Directional Drilling Services Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Baker Hughes Incorporated Financial Performance

Table 75: Cathedral Energy Services Limited Financial Performance

Table 76: Crescent Directional Drilling LP Financial Performance

Table 77: Halliburton Company Financial Performance

Table 78: Jindal Drilling and Industries Limited Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Directional Drilling Services Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Directional Drilling Services Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Directional Drilling Services Market, Segmentation By Wall Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Directional Drilling Services Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Directional Drilling Services Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Baker Hughes Incorporated Financial Performance

Figure 75: Cathedral Energy Services Limited Financial Performance

Figure 76: Crescent Directional Drilling LP Financial Performance

Figure 77: Halliburton Company Financial Performance

Figure 78: Jindal Drilling and Industries Limited Financial Performance

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Frequently Asked Questions

What is the definition of the directional drilling services market?

How will the directional drilling services market drivers and restraints affect the directional drilling services market dynamics? What forces will shape the directional drilling services industry going forward?

The directional drilling services market major growth driver - unleashing the growth potential of directional drilling services amidst soaring oil and gas production from unconventional reserves. For further insights on the directional drilling services m request a sample here

What is the forecast market size or the forecast market value of the directional drilling services market ?

The directional drilling services market size has grown strongly in recent years. It will grow from $14.69 billion in 2023 to $15.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to oil and gas exploration boom, offshore exploration and production, complex reservoir geology, cost-efficiency and time savings, horizontal drilling adoption, environmental and regulatory considerations, deepwater exploration challenges. The directional drilling services market size is expected to see strong growth in the next few years. It will grow to $21.52 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to renewable energy infrastructure, growing demand for natural gas, geopolitical factors and energy security, economic viability of unconventional resources, focus on emissions reduction. Major trends in the forecast period include technological advancements in directional drilling, focus on wellbore positioning and surveying, automation and robotics, collaboration and partnerships, geosteering and reservoir navigation. For further insights on the directional drilling services market, request a sample here

How is the directional drilling services market segmented?

The directional drilling services market is segmentedThe directional drilling services market covered in this report is segmented –
1) By Services: Logging-while-Drilling (LWD), Rotary Steerable System (RSS), Measurement While Drilling (MWD) and Survey, Drag Analysis, Well Bore Positioning, Other Services
2) By Well Type: Horizontal, Multilateral, Extended Reach
3) By Application: Onshore, OffshoreFor further insights on the directional drilling services market, request a sample here

Which region has the largest share of the directional drilling services market? What are the other regions covered in the report?

North America was the largest region in the directional drilling services market in 2023. Asia-Pacific was the second-largest region in the directional drilling services market report. The regions covered in the directional drilling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the directional drilling services market, request a sample here.

Who are the major players in the directional drilling services market?

What are the key trends in the directional drilling services market?

Major trend in the directional drilling services market - the surge of technological advancements in the directional drilling services market. For further insights on the directional drilling services market, request a sample here.

What are the major opportunities in the directional drilling services market? What are the strategies for the directional drilling services market?

For detailed insights on the major opportunities and strategies in the directional drilling services market, request a sample here.

How does the directional drilling services market relate to the overall economy and other similar markets?

For detailed insights on directional drilling services market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the directional drilling services industry?

For detailed insights on the mergers and acquisitions in the directional drilling services industry, request a sample here.

What are the key dynamics influencing the directional drilling services market growth? SWOT analysis of the directional drilling services market.

For detailed insights on the key dynamics influencing the directional drilling services market growth and SWOT analysis of the directional drilling services industry, request a sample here.