About directional drilling
Directional drilling is a practice of controlling the deviation and direction of a wellbore in order to access the predetermined target zone. The major application of directional drilling are mentioned below:
• Horizontal well drilling
• Multilateral well drilling
• Extended reach drilling
The global directional drilling market is expected to witness steady growth in the forecast period spurred by increasing energy demand, advances in technologies such as MWD and LWD, data analytics and digital oilfield, and sizable investments in countries such as Brazil, Indonesia, China, Mexico, US, and Angola. The Americas dominates the directional drilling market, followed by APAC and EMEA. In terms of services, the largest market share is held by the rotary steerable segment, which is expected to grow at a significant rate in the forecast period.
Technavio's analysts forecast the global directional drilling market to grow at a CAGR of 10.42% in terms of over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of global directional drilling market for 2015-2019. The market can be segmented into five divisions: services and equipment, type of directional well, type of directional drilling, application, and geography.
Technavio's report, Global Directional Drilling Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and Americas; it also covers the landscape of the global directional drilling market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key geographies
• Americas
• APAC
• EMEA
Key vendors
• Baker Hughes
• Gyrodata
• Halliburton
• Schlumberger
• Superior Drilling Products
• Weatherford International
Other prominent vendors
• Calmena Energy Services
• Cathedral Energy Services
• General Electric Oil & Gas
• Leam Drilling Systems
• Michels Corporation
• Nabors Industries
• The Directional Drilling Company
Key market driver
• Increasing global oil and gas consumption
• For a full, detailed list, view our report
Key market challenge
• Low oil prices
• For a full, detailed list, view our report
Key market trend
• Advances in digital oilfield technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by services and equipment
Global directional drilling market by services and equipment 2014
Global directional drilling market by services and equipment 2019
Global directional drilling market by services and equipment 2014-2019
Global directional drilling market by rotary steerable
Global directional drilling market by motors
Global directional drilling market by MWD and LWD
Global directional drilling market by directional survey
Global directional drilling market by survey
Global directional drilling market by others
PART 07: Market segmentation by type of directional well
Global directional drilling market by type of directional well 2014
Global directional drilling market by type of directional well 2019
Global directional drilling market by type of directional well 2014-2019
Global directional drilling market by horizontal well
Global directional drilling market by directional well
Global directional drilling market by multilateral well
Global directional drilling market by extended reach well
PART 08: Market segmentation by type of directional drilling
Global directional drilling market by type of directional drilling 2014
Global directional drilling market by type of directional drilling 2019
Global directional drilling market by type of directional drilling
2014-2019
Global directional drilling market by rotary steerable directional drilling
Global directional drilling market by conventional directional drilling
PART 09: Market segmentation by application
Global directional drilling market by application 2014
Global directional drilling market by application 2019
Global directional drilling market by application 2014-2019
Global directional drilling market by offshore drilling
Global directional drilling market by onshore drilling
PART 10: Geographical segmentation
Global directional drilling market by geographical segmentation 2014
Global directional drilling market by geographical segmentation 2019
Global directional drilling market by geographical segmentation 2014-2019
Directional drilling market in Americas
Directional drilling market in APAC
Directional drilling market in EMEA
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
Competitive scenario
Other prominent vendors
PART 17: Key vendor analysis
Baker Hughes
Halliburton
Gyrodata
Schlumberger
SDI
Weatherford International
PART 18: Appendix
List of abbreviations
PART 19: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global directional drilling market segmentation
Exhibit 03: Global directional drilling market 2014-2019 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global directional drilling market by services and equipment 2014
Exhibit 06: Global directional drilling market by services and equipment 2019
Exhibit 07: Global directional drilling market by services 2014-2019
Exhibit 08: Global directional drilling market by rotary steerable 2014-2019 ($ billions)
Exhibit 09: Global directional drilling market by motors 2014-2019 ($ billions)
Exhibit 10: Global directional drilling market by motors 2014-2019 ($ billions)
Exhibit 11: Evolution of MWD and LWD technologies by Schlumberger
Exhibit 12: Global directional drilling market by directional survey 2014-2019 ($ billions)
Exhibit 13: Global directional drilling market by survey 2014-2019 ($ billions)
Exhibit 14: Global directional drilling market by others 2014-2019 ($ billions)
Exhibit 15: Global directional drilling market by type of directional well 2014
Exhibit 16: Global directional drilling market by type of directional well 2019
Exhibit 17: Global directional drilling market by type of directional well 2014-2019
Exhibit 18: Global directional drilling market by horizontal well 2014-2019 ($ billions)
Exhibit 19: Global directional drilling market by directional well 2014-2019 ($ billions)
Exhibit 20: Global directional drilling market by multilateral well 2014-2019 ($ billions)
Exhibit 21: Global directional drilling market by extended reach well 2014-2019 ($ billions)
Exhibit 22: Global directional drilling market by type of directional drilling 2014
Exhibit 23: Global directional drilling market by type of directional drilling 2019
Exhibit 24: Global directional drilling market by type of directional drilling 2014-2019
Exhibit 25: Global directional drilling market by rotary steerable 2014-2019 ($ billions)
Exhibit 26: Global directional drilling market by conventional 2014-2019 ($ billions)
Exhibit 27: Global directional drilling market by application 2014
Exhibit 28: Global directional drilling market by application 2019
Exhibit 29: Global directional drilling market by application 2014-2019
Exhibit 30: Global directional drilling market by offshore 2014-2019 ($ billions)
Exhibit 31: Global directional drilling market by onshore 2014-2019 ($ billions)
Exhibit 32: Global directional drilling market by geographical segmentation 2014
Exhibit 33: Global directional drilling market by geographical segmentation 2019
Exhibit 34: Global directional drilling market by geographical segmentation 2014-2019
Exhibit 35: Directional drilling market in Americas 2014-2019 ($ billions)
Exhibit 36: Directional drilling market in APAC 2014-2019 ($ billions)
Exhibit 37: Directional drilling market in EMEA 2014-2019 ($ billions)
Exhibit 38: Global oil and gas consumption 2009-2014
Exhibit 39: Impact of drivers
Exhibit 40: WTI spot price July 2014-July 2015 ($/bbl)
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Gyrodata: Services segmentation
Exhibit 43: SDI: Business offerings
Exhibit 44: Weatherford International: Product segmentation
Exhibit 45: Weatherford: Business segmentation by revenue 2014
Exhibit 46: Weatherford: Geographical segmentation by revenue 2014
