Global Directional Drilling Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Directional drilling is the practice of deviating the wellbore along a planned path to a specific location (also known as target location). The target location is predetermined and is at a given lateral distance and direction from the vertical. Directional drilling is carried out as vertically as possible from a given true vertical depth (TVD).

Scope of the Report:
This report focuses on the Directional Drilling in global 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.
The increase in the number of deepwater and ultra-deepwater drilling projects will be one of the major factors that will have a positive impact on the growth of the market. The rise in the number of drilling projects, the need for directional drilling services is certain to increase due to a variety of applications provided by it for drilling or production project. For instance, In January 2017, BP (British Petroleum) started a major project, Thunder Horse South Expansion, in the Gulf of Mexico almost a year before its scheduled time. Such projects will increase production of crude oil production.
The market has the presence of a considerable number of manufacturers and appears to be highly competitive. The manufacturers in the market are investing in research and development to increase the drilling performance. The level of competition among the players will intensify in the coming years due to the increase in technological innovations, product extensions, and the increase in M&A.
In terms of geographic regions, the Americas will be the major revenue contributor to the market among recent years. The increase in energy demand in the US, Mexico, and Canada makes North America the second largest consumer of crude oil across the globe. The support from the government of various countries towards exploration and drilling activities will drive the demand for directional drilling in this region.
The worldwide market for Directional Drilling is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
Baker Hughes
Halliburton
Schlumberger
Weatherford
Cathedral Energy Services
Directional Technologies
Ensco
Gyrodata
Jindal Drilling and Industries
LEAM Drilling Systems
MOTIVE DRILLING TECHNOLOGIES
Nabors Industries
National Oilwell Varco
Seadrill
SCIENTIFIC DRILLING INTERNATIONAL
TRANSOCEAN

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Gas
Oil
Others

Market Segment by Applications, can be divided into
Onshore
Offshore

There are 15 Chapters to deeply display the global Directional Drilling market.
Chapter 1, to describe Directional Drilling Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Directional Drilling, with sales, revenue, and price of Directional Drilling, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Directional Drilling, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Directional Drilling market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Directional Drilling sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source