Global Directional Drilling Services Market Growth (Status and Outlook) 2023-2029

According to our (LP Info Research) latest study, the global Directional Drilling Services market size was valued at US$ 9312 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War,  the Directional Drilling Services is forecast to a readjusted size of US$ 10830 million by 2029 with a CAGR of 2.2% during review period. 
The research report highlights the growth potential of the global Directional Drilling Services market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Directional Drilling Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Directional Drilling Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Directional Drilling Services market.

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.

Key Features:
The report on Directional Drilling Services market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Directional Drilling Services market. It may include historical data, market segmentation by Type (e.g., Logging While Drilling (LWD), Measurement While Drilling (MWD) & survey), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Directional Drilling Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Directional Drilling Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Directional Drilling Services industry. This include advancements in Directional Drilling Services technology, Directional Drilling Services new entrants, Directional Drilling Services new investment, and other innovations that are shaping the future of Directional Drilling Services.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Directional Drilling Services market. It includes factors influencing customer ' purchasing decisions, preferences for Directional Drilling Services product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Directional Drilling Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Directional Drilling Services market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Directional Drilling Services market. 
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Directional Drilling Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Directional Drilling Services market.

Market Segmentation:
Directional Drilling Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

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

Segmentation by application
    Onshore
    Offshore

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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.

List of Tables
    Table 1. Directional Drilling Services Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Logging While Drilling (LWD)
    Table 3. Major Players of Measurement While Drilling (MWD) & survey
    Table 4. Major Players of Rotary Steerable System (RSS)
    Table 5. Major Players of Motors
    Table 6. Major Players of Others
    Table 7. Directional Drilling Services Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 8. Global Directional Drilling Services Market Size by Type (2018-2023) & ($ Millions)
    Table 9. Global Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Table 10. Directional Drilling Services Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 11. Global Directional Drilling Services Market Size by Application (2018-2023) & ($ Millions)
    Table 12. Global Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Table 13. Global Directional Drilling Services Revenue by Players (2018-2023) & ($ Millions)
    Table 14. Global Directional Drilling Services Revenue Market Share by Player (2018-2023)
    Table 15. Directional Drilling Services Key Players Head office and Products Offered
    Table 16. Directional Drilling Services Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 17. New Products and Potential Entrants
    Table 18. Mergers & Acquisitions, Expansion
    Table 19. Global Directional Drilling Services Market Size by Regions 2018-2023 & ($ Millions)
    Table 20. Global Directional Drilling Services Market Size Market Share by Regions (2018-2023)
    Table 21. Global Directional Drilling Services Revenue by Country/Region (2018-2023) & ($ millions)
    Table 22. Global Directional Drilling Services Revenue Market Share by Country/Region (2018-2023)
    Table 23. Americas Directional Drilling Services Market Size by Country (2018-2023) & ($ Millions)
    Table 24. Americas Directional Drilling Services Market Size Market Share by Country (2018-2023)
    Table 25. Americas Directional Drilling Services Market Size by Type (2018-2023) & ($ Millions)
    Table 26. Americas Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Table 27. Americas Directional Drilling Services Market Size by Application (2018-2023) & ($ Millions)
    Table 28. Americas Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Table 29. APAC Directional Drilling Services Market Size by Region (2018-2023) & ($ Millions)
    Table 30. APAC Directional Drilling Services Market Size Market Share by Region (2018-2023)
    Table 31. APAC Directional Drilling Services Market Size by Type (2018-2023) & ($ Millions)
    Table 32. APAC Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Table 33. APAC Directional Drilling Services Market Size by Application (2018-2023) & ($ Millions)
    Table 34. APAC Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Table 35. Europe Directional Drilling Services Market Size by Country (2018-2023) & ($ Millions)
    Table 36. Europe Directional Drilling Services Market Size Market Share by Country (2018-2023)
    Table 37. Europe Directional Drilling Services Market Size by Type (2018-2023) & ($ Millions)
    Table 38. Europe Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Table 39. Europe Directional Drilling Services Market Size by Application (2018-2023) & ($ Millions)
    Table 40. Europe Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Table 41. Middle East & Africa Directional Drilling Services Market Size by Region (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa Directional Drilling Services Market Size Market Share by Region (2018-2023)
    Table 43. Middle East & Africa Directional Drilling Services Market Size by Type (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Table 45. Middle East & Africa Directional Drilling Services Market Size by Application (2018-2023) & ($ Millions)
    Table 46. Middle East & Africa Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Table 47. Key Market Drivers & Growth Opportunities of Directional Drilling Services
    Table 48. Key Market Challenges & Risks of Directional Drilling Services
    Table 49. Key Industry Trends of Directional Drilling Services
    Table 50. Global Directional Drilling Services Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 51. Global Directional Drilling Services Market Size Market Share Forecast by Regions (2024-2029)
    Table 52. Global Directional Drilling Services Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 53. Global Directional Drilling Services Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 54. Baker Hughes Incorporated Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 55. Baker Hughes Incorporated Directional Drilling Services Product Offered
    Table 56. Baker Hughes Incorporated Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 57. Baker Hughes Incorporated Main Business
    Table 58. Baker Hughes Incorporated Latest Developments
    Table 59. Halliburton Company Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 60. Halliburton Company Directional Drilling Services Product Offered
    Table 61. Halliburton Company Main Business
    Table 62. Halliburton Company Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 63. Halliburton Company Latest Developments
    Table 64. Schlumberger Limited Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 65. Schlumberger Limited Directional Drilling Services Product Offered
    Table 66. Schlumberger Limited Main Business
    Table 67. Schlumberger Limited Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 68. Schlumberger Limited Latest Developments
    Table 69. Weatherford International PLc. Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 70. Weatherford International PLc. Directional Drilling Services Product Offered
    Table 71. Weatherford International PLc. Main Business
    Table 72. Weatherford International PLc. Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 73. Weatherford International PLc. Latest Developments
    Table 74. National Oilwell Varco Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 75. National Oilwell Varco Directional Drilling Services Product Offered
    Table 76. National Oilwell Varco Main Business
    Table 77. National Oilwell Varco Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 78. National Oilwell Varco Latest Developments
    Table 79. GE Oil & Gas Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 80. GE Oil & Gas Directional Drilling Services Product Offered
    Table 81. GE Oil & Gas Main Business
    Table 82. GE Oil & Gas Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 83. GE Oil & Gas Latest Developments
    Table 84. Nabors Industries Ltd. Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 85. Nabors Industries Ltd. Directional Drilling Services Product Offered
    Table 86. Nabors Industries Ltd. Main Business
    Table 87. Nabors Industries Ltd. Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 88. Nabors Industries Ltd. Latest Developments
    Table 89. Cathedral Energy Services Ltd. Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 90. Cathedral Energy Services Ltd. Directional Drilling Services Product Offered
    Table 91. Cathedral Energy Services Ltd. Main Business
    Table 92. Cathedral Energy Services Ltd. Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 93. Cathedral Energy Services Ltd. Latest Developments
    Table 94. Jindal Drilling & Industries Limited Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 95. Jindal Drilling & Industries Limited Directional Drilling Services Product Offered
    Table 96. Jindal Drilling & Industries Limited Main Business
    Table 97. Jindal Drilling & Industries Limited Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 98. Jindal Drilling & Industries Limited Latest Developments
    Table 99. Gyrodata Incorporated Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 100. Gyrodata Incorporated Directional Drilling Services Product Offered
    Table 101. Gyrodata Incorporated Main Business
    Table 102. Gyrodata Incorporated Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 103. Gyrodata Incorporated Latest Developments
    Table 104. Scientific Drilling International Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 105. Scientific Drilling International Directional Drilling Services Product Offered
    Table 106. Scientific Drilling International Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 107. Scientific Drilling International Main Business
    Table 108. Scientific Drilling International Latest Developments
    Table 109. Leam Drilling Systems, LLC. Details, Company Type, Directional Drilling Services Area Served and Its Competitors
    Table 110. Leam Drilling Systems, LLC. Directional Drilling Services Product Offered
    Table 111. Leam Drilling Systems, LLC. Main Business
    Table 112. Leam Drilling Systems, LLC. Directional Drilling Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 113. Leam Drilling Systems, LLC. Latest Developments
List of Figures
    Figure 1. Directional Drilling Services Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Directional Drilling Services Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Directional Drilling Services Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Directional Drilling Services Sales Market Share by Country/Region (2022)
    Figure 8. Directional Drilling Services Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Directional Drilling Services Market Size Market Share by Type in 2022
    Figure 10. Directional Drilling Services in Onshore
    Figure 11. Global Directional Drilling Services Market: Onshore (2018-2023) & ($ Millions)
    Figure 12. Directional Drilling Services in Offshore
    Figure 13. Global Directional Drilling Services Market: Offshore (2018-2023) & ($ Millions)
    Figure 14. Global Directional Drilling Services Market Size Market Share by Application in 2022
    Figure 15. Global Directional Drilling Services Revenue Market Share by Player in 2022
    Figure 16. Global Directional Drilling Services Market Size Market Share by Regions (2018-2023)
    Figure 17. Americas Directional Drilling Services Market Size 2018-2023 ($ Millions)
    Figure 18. APAC Directional Drilling Services Market Size 2018-2023 ($ Millions)
    Figure 19. Europe Directional Drilling Services Market Size 2018-2023 ($ Millions)
    Figure 20. Middle East & Africa Directional Drilling Services Market Size 2018-2023 ($ Millions)
    Figure 21. Americas Directional Drilling Services Value Market Share by Country in 2022
    Figure 22. United States Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 23. Canada Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 24. Mexico Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Brazil Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 26. APAC Directional Drilling Services Market Size Market Share by Region in 2022
    Figure 27. APAC Directional Drilling Services Market Size Market Share by Type in 2022
    Figure 28. APAC Directional Drilling Services Market Size Market Share by Application in 2022
    Figure 29. China Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 30. Japan Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 31. Korea Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Southeast Asia Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 33. India Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Australia Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Europe Directional Drilling Services Market Size Market Share by Country in 2022
    Figure 36. Europe Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Figure 37. Europe Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Figure 38. Germany Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 39. France Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 40. UK Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 41. Italy Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 42. Russia Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Middle East & Africa Directional Drilling Services Market Size Market Share by Region (2018-2023)
    Figure 44. Middle East & Africa Directional Drilling Services Market Size Market Share by Type (2018-2023)
    Figure 45. Middle East & Africa Directional Drilling Services Market Size Market Share by Application (2018-2023)
    Figure 46. Egypt Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 47. South Africa Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 48. Israel Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 49. Turkey Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 50. GCC Country Directional Drilling Services Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Americas Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 52. APAC Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 53. Europe Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 54. Middle East & Africa Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 55. United States Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 56. Canada Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 57. Mexico Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 58. Brazil Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 59. China Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 60. Japan Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 61. Korea Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 62. Southeast Asia Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 63. India Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 64. Australia Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 65. Germany Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 66. France Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 67. UK Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 68. Italy Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 69. Russia Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 70. Spain Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 71. Egypt Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 72. South Africa Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 73. Israel Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 74. Turkey Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 75. GCC Countries Directional Drilling Services Market Size 2024-2029 ($ Millions)
    Figure 76. Global Directional Drilling Services Market Size Market Share Forecast by Type (2024-2029)
    Figure 77. Global Directional Drilling Services Market Size Market Share Forecast by Application (2024-2029)

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.

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape