Directional Drilling Services Market by Application (Onshore  and Offshore)  Type (Conventional  and Rotary Steerable System)  Service (LWD  MWD & Survey  RSS  Motors)  and Region - Global Forecast to 2021

Directional Drilling Services Market by Application (Onshore and Offshore) Type (Conventional and Rotary Steerable System) Service (LWD MWD & Survey RSS Motors) and Region - Global Forecast to 2021

MarketsandMarkets | ID: 1541224923178 | Published at: 2017-01-26 | Pages: 166

  • €4.821,70


“Directional drilling services market projected to grow at a CAGR of 4.34% from 2016 to 2021”
The directional drilling services market is projected to reach USD 10.30 billion by 2021, growing at a CAGR of 4.34% during the forecast period. Increasing energy demand due to industrialization & urbanization, shale gas developments, advancement are set to drive the market growth for directional drilling services across the world.

“Onshore applications account for a largest share of the directional drilling services market”
In terms of market, by application, the directional drilling services market in this report has been classified based on the following segments, namely, Onshore & Offshore. Directional drilling is most frequently adopted in onshore applications. This segment is primarily driven by high number of maturing fields in onshore regions and high prevalence of shale gas exploration and production throughout the world. Moreover, the ease of mobility is high in onshore regions which allows for multiple usages of directional drilling services, and is expected to create new revenue pockets for the directional drilling services market during the forecast period.

“Middle East segment: The fastest growing segment of the directional drilling services market”
In terms of market, by region, the Middle East segment is expected to be the fastest growing segment of the directional drilling services market during the forecast period. The increasing demand for energy due to urbanization and industrialization, new oilfield discoveries is continuously increasing which will further boost the demand for directional drilling services in the region. Apart from the Middle East, North America is also the biggest market for directional drilling services.
Measurement While Drilling (MWD) & survey segment: The fastest growing segment of the directional drilling services market.
MWD is the technique of measuring the well bore inclination from the vertical, which is useful for controlling the well trajectory during drilling. The use of MWD also allows the operator to measure the well bore inclination with respect to the magnetic north, which can further provide real-time position updates. The market MWD is expected to grow at a highest CAGR from 2016 to 2021, These techniques are expected to act as catalysts for the growth of the directional drilling market in the North America, Asia-Pacific, which would further boost the MWD & survey segment market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, corporate-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 43%, Tier 2- 33%, and Tier 3- 24%
By Designation: D Level – 35%, C Level – 25%, and Engineer level- 40%
By Region: Asia-Pacific- 45%, Europe- 30%, Americas- 15%, and RoW- 10%
Note: RoW = Rest of the world,
The tier of the companies is defined based on their total revenue, as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 =

Leading players in this industry have been profiled, along with their recent developments and other strategic activities. These include Weatherford (Ireland), Baker Hughes (U.S.), Schlumberger (U.S.), Halliburton (U.S.), Gyrodata (U.S.), and GE Oil and Gas (U.S.), among others.

Research Coverage
The report segments the market on the basis of application- onshore & offshore; type- conventional & Rotary steerable system; service- Rotary Steerable Systems (RSS), Logging while drilling (LWD), Measurement while drilling (MWD) & Survey, Motors, and Others; and region- Asia-Pacific, North America, South America, Europe, the Middle East and Africa. Each region has been further analyzed based on key country-level markets.

Why buy this report?
1. The report identifies and addresses key markets for directional drilling which is useful for suppliers and OEMs to review production and distribution plans
2. The report helps manufacturers to understand the pulse of the market and provides insights on drivers, restraints, and challenges. The report includes analysis for key countries by type of application, i.e., onshore and offshore. It analyzes historical trends and also forecast for 2021 assisting in strategic decision making
3. The report will help OEMs to better understand their competitor’s strategies and will help in making strategic decisions. It also presents competition by analyzing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives

TABLE OF CONTENTS

1 INTRODUCTION 14

  • 1.1 OBJECTIVES OF THE STUDY 14
  • 1.2 MARKET DEFINITION 14
    • 1.2.1 LOGGING WHILE DRILLING (LWD) 14
    • 1.2.2 MEASUREMENT WHILE DRILLING (MWD) & SURVEY 14
    • 1.2.3 ROTARY STEERABLE SYSTEM (RSS) 15
    • 1.2.4 MOTORS (MUD MOTORS) 15
    • 1.2.5 OTHERS 15
  • 1.3 MARKET SCOPE 15
    • 1.3.1 MARKETS COVERED 15
    • 1.3.2 COUNTRIES COVERED 16
    • 1.3.3 YEARS CONSIDERED FOR THE STUDY 16
  • 1.4 CURRENCY 17
  • 1.5 LIMITATIONS 17
  • 1.6 STAKEHOLDERS 17
    2 RESEARCH METHODOLOGY 18
  • 2.1 RESEARCH DATA 18
    • 2.1.1 SECONDARY DATA 19
      • 2.1.1.1 Key data from secondary sources 19
    • 2.1.2 PRIMARY DATA 20
      • 2.1.2.1 Key data from primary sources 20
      • 2.1.2.2 Key industry insights 21
      • 2.1.2.3 Breakdown of primaries 21
  • 2.2 MARKET SIZE ESTIMATION 22
  • 2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
  • 2.4 RESEARCH ASSUMPTIONS 25
    • 2.4.1 ASSUMPTIONS 25
      3 EXECUTIVE SUMMARY 26
  • 3.1 INTRODUCTION 26
  • 3.2 HISTORICAL BACKDROP AND EVOLUTION 26
  • 3.3 CURRENT SCENARIO 27
  • 3.4 FUTURE OUTLOOK 28
  • 3.5 CONCLUSION 31

4 PREMIUM INSIGHTS 32

  • 4.1 DIRECTIONAL DRILLING SERVICES MARKET, BY TYPE 32
  • 4.2 DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE 33
  • 4.3 DIRECTIONAL DRILLING SERVICES MARKET, BY APPLICATION 34
  • 4.4 DIRECTIONAL DRILLING SERVICES MARKET: APPLICATION VS. TYPE 35
  • 4.5 NORTH AMERICA: THE LARGEST MARKET DURING THE FORECAST PERIOD 36
    5 MARKET OVERVIEW 37
  • 5.1 INTRODUCTION 38
  • 5.2 MARKET SEGMENTATION 38
    • 5.2.1 BY APPLICATION 38
    • 5.2.2 BY TYPE 39
    • 5.2.3 BY SERVICE 39
    • 5.2.4 BY REGION 40
  • 5.3 MARKET DYNAMICS 41
    • 5.3.1 DRIVERS 41
      • 5.3.1.1 Increase in energy demand 41
      • 5.3.1.2 Shale gas development 42
      • 5.3.1.3 Advancement in drilling technologies 42
    • 5.3.2 RESTRAINTS 42
      • 5.3.2.1 Declining oil spending due to low crude oil price 42
      • 5.3.2.2 Increasing focus on renewable energy 44
    • 5.3.3 OPPORTUNITIES 44
      • 5.3.3.1 New oilfield discoveries 44
      • 5.3.3.2 Lifting of Iranian oil export sanctions 45
    • 5.3.4 CHALLENGES 45
      • 5.3.4.1 Stringent regulatory policies 45
  • 5.4 TECHNICAL OVERVIEW 46
    6 DIRECTIONAL DRILLING SERVICES MARKET, BY APPLICATION 47
  • 6.1 INTRODUCTION 48
  • 6.2 ONSHORE APPLICATIONS 49
  • 6.3 OFFSHORE APPLICATIONS 50
    7 DIRECTIONAL DRILLING SERVICES MARKET, BY TYPE 51
  • 7.1 INTRODUCTION 52
  • 7.2 CONVENTIONAL 53
  • 7.3 ROTARY STEERABLE SYSTEM 54

8 DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE 55

  • 8.1 INTRODUCTION 56
  • 8.2 ROTARY STEERABLE SYSTEM (RSS) 57
  • 8.3 LOGGING-WHILE-DRILLING (LWD) 58
  • 8.4 MEASUREMENT-WHILE-DRILLING (MWD) & SURVEY 59
  • 8.5 MOTORS (MUD MOTORS) 60
  • 8.6 OTHERS 61
    9 DIRECTIONAL DRILLING SERVICES MARKET, BY REGION 62
  • 9.1 INTRODUCTION 63
  • 9.2 NORTH AMERICA 65
    • 9.2.1 BY TYPE 67
    • 9.2.2 BY APPLICATION 67
    • 9.2.3 BY SERVICE 68
    • 9.2.4 BY COUNTRY 68
      • 9.2.4.1 U.S. 69
      • 9.2.4.2 Canada 70
      • 9.2.4.3 Mexico 70
  • 9.3 ASIA-PACIFIC 71
    • 9.3.1 BY TYPE 73
    • 9.3.2 BY APPLICATION 73
    • 9.3.3 BY SERVICE 74
    • 9.3.4 BY COUNTRY 74
      • 9.3.4.1 China 75
      • 9.3.4.2 Thailand 75
      • 9.3.4.3 India 76
      • 9.3.4.4 Indonesia 77
      • 9.3.4.5 Australia 78
      • 9.3.4.6 Malaysia 79
      • 9.3.4.7 Central Asia 80
      • 9.3.4.8 Rest of Asia – Pacific 81
  • 9.4 EUROPE 81
    • 9.4.1 BY TYPE 82
    • 9.4.2 BY APPLICATION 82
    • 9.4.3 BY SERVICE 83
    • 9.4.4 BY COUNTRY 83
      • 9.4.4.1 Russia 84
      • 9.4.4.2 Norway 84
      • 9.4.4.3 U.K. 85
      • 9.4.4.4 The Netherlands 86
      • 9.4.4.5 Rest of Europe 87
  • 9.5 SOUTH AMERICA 87
    • 9.5.1 BY TYPE 88
    • 9.5.2 BY APPLICATION 88
    • 9.5.3 BY SERVICE 89
    • 9.5.4 BY COUNTRY 89
      • 9.5.4.1 Brazil 90
      • 9.5.4.2 Argentina 90
      • 9.5.4.3 Venezuela 91
      • 9.5.4.4 Colombia 92
      • 9.5.4.5 Ecuador 92
      • 9.5.4.6 Rest of South America 93
  • 9.6 AFRICA 94
    • 9.6.1 BY TYPE 94
    • 9.6.2 BY APPLICATION 95
    • 9.6.3 BY SERVICE 95
    • 9.6.4 BY COUNTRY 96
      • 9.6.4.1 Angola 96
      • 9.6.4.2 Egypt 97
      • 9.6.4.3 Nigeria 98
      • 9.6.4.4 Algeria 99
      • 9.6.4.5 Rest of Africa 100
  • 9.7 MIDDLE EAST 100
    • 9.7.1 BY TYPE 101
    • 9.7.2 BY APPLICATION 101
    • 9.7.3 BY SERVICE 102
    • 9.7.4 BY COUNTRY 102
      • 9.7.4.1 Saudi Arabia 103
      • 9.7.4.2 UAE 103
      • 9.7.4.3 Iran 104
      • 9.7.4.4 Qatar 105
      • 9.7.4.5 Rest of the Middle East 106
        10 COMPETITIVE LANDSCAPE 107
  • 10.1 OVERVIEW 108
  • 10.2 MARKET SHARE ANALYSIS, BY REVENUE, 2015 109
  • 10.3 COMPETITIVE SITUATION & TRENDS 110
    • 10.3.1 KEY NEW PRODUCT/SERVICE DEVELOPMENTS 111
    • 10.3.2 KEY EXPANSIONS 112
    • 10.3.3 KEY CONTRACTS & AGREEMENTS 113
    • 10.3.4 KEY MERGERS & ACQUISITIONS 114
    • 10.3.5 KEY PARTNERSHIPS, COLLABORATIONS, ALLIANCE, & JOINT VENTURES 115
    • 10.3.6 OTHER DEVELOPMENTS 115
      11 COMPANY PROFILES 122
      (Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
  • 11.1 INTRODUCTION 122
  • 11.2 BAKER HUGHES INCORPORATED 123
  • 11.3 HALLIBURTON COMPANY 127
  • 11.4 SCHLUMBERGER LIMITED 130
  • 11.5 WEATHERFORD INTERNATIONAL PLC. 133
  • 11.6 NATIONAL OILWELL VARCO, INC. 137
  • 11.7 GE OIL & GAS 141
  • 11.8 NABORS INDUSTRIES LTD. 143
  • 11.9 CATHEDRAL ENERGY SERVICES LTD. 145
  • 11.10 JINDAL DRILLING & INDUSTRIES LIMITED 147
  • 11.11 GYRODATA INCORPORATED 149
  • 11.12 SCIENTIFIC DRILLING INTERNATIONAL 151
  • 11.13 LEAM DRILLING SYSTEMS, LLC. 153
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies.
12 APPENDIX 155
  • 12.1 INSIGHTS OF INDUSTRY EXPERTS 155
  • 12.2 DISCUSSION GUIDE 156
  • 12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 160
  • 12.4 INTRODUCING RT: A REAL-TIME MARKET INTELLIGENCE 162
  • 12.5 AVAILABLE CUSTOMIZATIONS 163
  • 12.6 RELATED REPORTS 163
  • 12.7 AUTHOR DETAILS 164

LIST OF TABLES

TABLE 1 INVESTMENT IN RENEWABLE ENERGY, BY SECTOR, 2015 44
TABLE 2 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION,
2014–2021 (USD MILLION) 49
TABLE 3 ONSHORE APPLICATION: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY REGION, 2014–2021 (USD MILLION) 49
TABLE 4 OFFSHORE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION,
2014–2021 (USD MILLION) 50
TABLE 5 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE,
2014–2021 (USD MILLION) 52
TABLE 6 CONVENTIONAL : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION) 53
TABLE 7 ROTARY STEERABLE SYSTEM: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY REGION, 2014–2021 (USD MILLION) 54
TABLE 8 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 56
TABLE 9 ROTARY STEERABLE SYSTEM DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY REGION, 2014–2021 (USD MILLION) 57
TABLE 10 LOGGING-WHILE-DRILLING DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY REGION, 2014–2021 (USD MILLION) 58
TABLE 11 MEASUREMENT-WHILE-DRILLING (MWD) & SURVEY DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION) 59
TABLE 12 MOTORS DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION,
2014–2021 (USD MILLION) 60
TABLE 13 OTHER DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION,
2014–2021 (USD MILLION) 61
TABLE 14 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION,
2014–2021 (USD MILLION) 64
TABLE 15 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY TYPE, 2014–2021 (USD MILLION) 67
TABLE 16 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY APPLICATION, 2014–2021 (USD MILLION) 67
TABLE 17 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 68
TABLE 18 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION) 68
TABLE 19 U.S.: DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE,
2014–2021 (USD MILLION) 69
TABLE 20 CANADA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2012-2019 (USD MILLION) 70
TABLE 21 MEXICO: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 71
TABLE 22 ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE,
2014–2021 (USD MILLION) 73
TABLE 23 ASIAPACIFIC : DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY APPLICATION, 2014–2021 (USD MILLION) 73
TABLE 24 ASIAPACIFIC : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 74
TABLE 25 ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION) 74
TABLE 26 CHINA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 75
TABLE 27 THAILAND: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 76
TABLE 28 INDIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 77
TABLE 29 INDONESIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 77
TABLE 30 AUSTRALIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 78
TABLE 31 MALAYSIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 79
TABLE 32 CENTRAL ASIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 80
TABLE 33 REST OF ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY SERVICE, 2014–2021 (USD MILLION) 81
TABLE 34 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE,
2014–2021 (USD MILLION) 82
TABLE 35 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION) 82
TABLE 36 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 83
TABLE 37 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY,
2014–2021 (USD MILLION) 83
TABLE 38 RUSSIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 84
TABLE 39 NORWAY: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 85
TABLE 40 U.K.: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 86
TABLE 41 THE NETHERLANDS: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 86
TABLE 42 REST OF EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 87
TABLE 43 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION) 88
TABLE 44 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY APPLICATION, 2014–2021 (USD MILLION) 88
TABLE 45 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 89
TABLE 46 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION) 89
TABLE 47 BRAZIL: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 90
TABLE 48 ARGENTINA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 91
TABLE 49 VENEZUELA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 91
TABLE 50 COLOMBIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 92
TABLE 51 ECUADOR: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 93
TABLE 52 REST OF SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY SERVICE, 2014–2021 (USD MILLION) 94
TABLE 53 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE,
2014–2021 (USD MILLION) 94
TABLE 54 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION,
2014–2021 (USD MILLION) 95
TABLE 55 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 95
TABLE 56 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY,
2014–2021 (USD MILLION) 96
TABLE 57 ANGOLA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 97
TABLE 58 EGYPT: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 98
TABLE 59 NIGERIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 99
TABLE 60 ALGERIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 99
TABLE 61 REST OF AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 100
TABLE 62 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE,
2014–2021 (USD MILLION) 101
TABLE 63 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION) 101
TABLE 64 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 102
TABLE 65 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION) 102
TABLE 66 SAUDI ARABIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION) 103
TABLE 67 UAE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 104
TABLE 68 IRAN: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 104
TABLE 69 QATAR: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE,
2014–2021 (USD MILLION) 105
TABLE 70 REST OF THE MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE,
BY SERVICE, 2014–2021 (USD MILLION) 106
TABLE 71 KEY NEW PRODUCT/SERVICE LAUNCHES 111
TABLE 72 KEY EXPANSIONS 112
TABLE 73 KEY CONTRACTS AWARDED 113
TABLE 74 KEY MERGERS & ACQUISITIONS 114
TABLE 75 KEY PARTNERSHIPS, COLLABORATIONS, ALLIANCE, & JOINT VENTURES 115
TABLE 76 OTHER DEVELOPMENTS, 2013-2016 115


LIST OF FIGURES

FIGURE 1 DIRECTIONAL DRILLING SERVICES MARKET: RESEARCH DESIGN 18
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
& REGION 22
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 5 DATA TRIANGULATION METHODOLOGY 24
FIGURE 6 NORTH AMERICA ACCOUNTED FOR THE LARGEST MARKET SHARE OF THE DIRECTIONAL DRILLING SERVICES MARKET IN 2015 (BY VALUE) 27
FIGURE 7 NORTH AMERICA IS EXPECTED TO DOMINATE THE DIRECTIONAL DRILLING SERVICES MARKET BY 2021 28
FIGURE 8 ONSHORE SEGMENT IS EXPECTED TO DOMINATE DIRECTIONAL DRILLING SERVICES MARKET, 2016–2021 29
FIGURE 9 ROTARY STEERABLE SYSTEM SEGMENT IS EXPECTED TO LEAD DIRECTIONAL DRILLING SERVICES MARKET, 2016–2021 29
FIGURE 10 CONVENTIONAL SEGMENT IS PROJECTED TO DOMINATE DIRECTIONAL DRILLING SERVICES MARKET DURING THE FORECAST PERIOD 30
FIGURE 11 TOP MARKET DEVELOPMENTS (2013–2016) 31
FIGURE 12 ATTRACTIVE OPPORTUNITIES IN THE DIRECTIONAL DRILLING SERVICES MARKET 32
FIGURE 13 DIRECTIONAL DRILLING SERVICES MARKET SHARE, BY TYPE, 2016–2021 32
FIGURE 14 RSS SEGMENT IS EXPECTED TO DOMINATE THE DIRECTIONAL DRILLING SERVICES MARKET, 2016–2021 33
FIGURE 15 ONSHORE SEGMENT IS EXPECTED TO BE THE LARGEST SEGMENT IN THE DIRECTIONAL DRILLING SERVICES MARKET DURING THE FORECAST PERIOD 34
FIGURE 16 ONSHORE DIRECTIONAL DRILLING SEGMENT IS ESTIMATED TO HOLD THE LARGEST MARKET SHARE IN 2016 35
FIGURE 17 DIRECTIONAL DRILLING MARKET SHARE (VALUE), BY REGION, 2015 36
FIGURE 18 DIRECTIONAL DRILLING SERVICES MARKET SEGMENTATION 38
FIGURE 19 INCREASING DEMAND FOR ENERGY ALONG WITH SHALE GAS REVOLUTION IS EXPECTED TO DRIVE THE DIRECTIONAL DRILLING SERVICES MARKET 41
FIGURE 20 DECLINE IN CRUDE OIL PRICES SINCE 2014 HAS CONTINUED IN 2016 43
FIGURE 21 OIL & GAS RIG COUNT HAS SEEN A DECREASING TREND WORLDWIDE IN 2016 43
FIGURE 22 IRAN OIL PRODUCTION, 2007–2017 45
FIGURE 23 ONSHORE APPLICATION SEGMENT IS EXPECTED TO DOMINATE THE DIRECTIONAL DRILLING SERVICES MARKET BY 2021 48
FIGURE 24 CONVENTIONAL TYPE SEGMENT EXPECTED TO DOMINATE DIRECTIONAL DRILLING SERVICES MARKET FROM 2016 TO 2021 53
FIGURE 25 ROTARY STEERABLE SYSTEM SERVICE SEGMENT TO DOMINATE DIRECTIONAL DRILLING SERVICES MARKET DURING THE FORECAST PERIOD 57
FIGURE 26 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 63
FIGURE 27 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2015 63
FIGURE 28 MIDDLE EAST: THE FASTEST GROWING DIRECTIONAL DRILLING SERVICES MARKET, 2016–2021 64
FIGURE 29 NORTH AMERICA: OVERVIEW OF THE DIRECTIONAL DRILLING SERVICES MARKET 66
FIGURE 30 ASIA-PACIFIC: OVERVIEW OF THE DIRECTIONAL DRILLING SERVICES MARKET 72
FIGURE 31 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY 108
FIGURE 32 MARKET SHARE ANALYSIS, BY REVENUE, 2015 109
FIGURE 33 MARKET EVALUATION FRAMEWORK, 2013–2016 110
FIGURE 34 BATTLE FOR MARKET SHARE (2013–2016):NEW PRODUCT DEVELOPMENT WAS THE KEY STRATEGY 110
FIGURE 35 REGIONAL REVENUE MIX OF THE TOP FIVE PLAYERS 122
FIGURE 36 BAKER HUGHES INCORPORATED: COMPANY SNAPSHOT 123
FIGURE 37 HALLIBURTON COMPANY: COMPANY SNAPSHOT 127
FIGURE 38 SCHLUMBERGER LIMITED: COMPANY SNAPSHOT 130
FIGURE 39 WEATHERFORD INTERNATIONAL PLC.: COMPANY SNAPSHOT 133
FIGURE 40 NATIONAL OILWELL VARCO, INC.: COMPANY SNAPSHOT 137
FIGURE 41 GE OIL & GAS: COMPANY SNAPSHOT 141
FIGURE 42 NABORS INDUSTRIES LTD.: COMPANY SNAPSHOT 143
FIGURE 43 CATHEDRAL ENERGY SERVICES LTD.: COMPANY SNAPSHOT 145
FIGURE 44 JINDAL DRILLING & INDUSTRIES LIMITED: COMPANY SNAPSHOT 147

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