Directional Drilling Services market Size, Share, Leading Players and Analysis up to 2026

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Presents a Research Report on Directional
Drilling Services Market
The Directional Drilling Services Market is
Segmented by Application Type (Onshore
Applications, Offshore Applications), by Drilling
Technique Type (Conventional Methods, Rotary
Steerable System), by Service Type (LWD, MWD
Survey, RSS, and Motors), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World)


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Directional Drilling Services Market Highlights
Drivers

• Directional Drilling Services market is likely to
  witness an impressive CAGR of 5.2 during the
  forecast period.
• The increase in demand for drilling of multiple
  wells from single sites and the mounting
  production levels through directional drilling
  are the major factors that are likely to
  contribute towards the growth of the directional
  drilling services market during the forecast
  period.

• Market Insights
• By Application
• Based on the application type, the market is
  segmented as onshore applications and offshore
  applications. 
• Onshore application is likely to dominate the
  directional drilling services market during the
  forecast period, driven by the large number of
  mature onshore wells, globally.

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Market Insight

• By Drilling Technique Type
• Based on the drilling technique type, the
  directional drilling services market is segmented
  as conventional methods and rotary steerable
  system. Rotary steerable system is expected to be
  the faster-growing technique during the forecast
  period due to the various advantages offered by
  it, such as reduced drilling time and smoother
  well bores.
• By Service Type
• Based on the service type, the market is
  segmented LWD, MWD Survey, RSS, and motors. The
  Measurement-While-Drilling (MWD) Survey segment
  is estimated to register the highest
  growth during the forecast period owing to the
  ability to incessantly monitor wellbore and the
  real time directional survey of downhole
  conditions.
• By Region
• In terms of regions, North America dominated the
  directional drilling service market in 2019, and
  is expected to lead the market during the
  forecast period as well. The regions market is
  driven by the growing share of tight oil and
  shale gas and the use of multi-stage hydraulic
  fracturing completion technique. Europe and
  Asia-Pacific are also expected to offer
  considerable growth opportunities during the
  forecast period.

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Competitive Insights Market Segmentation

• Key Players
• Baker Hughes, a GE Company LLC
• Halliburton Company
• National Oilwell Varco, Inc.
• Schlumberger Limited
• Weatherford International PLC.
• Market Segmentation
• Directional Drilling Services Market Size, Share,
  Forecast, by Application Type
• Onshore Applications (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Offshore Applications (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Directional Drilling Services Market Size, Share,
  Forecast, by Drilling Technique Type
• Conventional Methods (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Rotary Steerable System (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)

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Market Segmentation

• Directional Drilling Services Market Size, Share,
  Forecast, by Service Type
• Rotary Steerable System (RSS) (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Logging-While-Drilling(LWD) (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Measurement-While-Drilling (MWD)
  Survey (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Motors (MUD Motors) (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Directional Drilling Services Market Size, Share,
  Forecast, by Region
• North America (Country Analysis the USA, Canada,
  and Mexico) 
• Europe (Country Analysis Germany, France, the
  UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis China, Japan,
  India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis Latin
  America, the Middle East, and Others)

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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