Directional Drilling Tools companies

  • Report ID: 3520
  • Published Date: Jun 26, 2025
  • Report Format: PDF, PPT

Key Directional Drilling Tools Market Players:

    The global market for directional drilling tools has abundant competition, technological change, and strategic collaboration. Industry companies have significant advantages over others due to the breadth of their product and service offerings, proprietary rotary steerable systems, and data-driven AI-based well planning services, reminiscent of giant technology companies operationalizing small start-up technologies. Japanese companies are enhancing their market positions through joint ventures and investing in research and development in seismic-adaptive drilling, while Indian and Malaysian manufacturers are positioning market-ready, cost-effective toolkits based on the increasing regional demand for inexpensive oil.

    Some of the key players operating in the market are listed below:

    Company Name

    Country of Origin

    Est. Global Market Share (2037)

    Schlumberger Limited

    USA

    15.2%

    Halliburton Company

    USA

    13.7%

    Baker Hughes Company

    USA

    12.9%

    Weatherford International plc

    USA

    7.5%

    Schlumberger K.K. (Japan subsidiary)

    Japan

    2.1%

    NOV Inc.

    USA

    xx%

    Schramm Inc.

    USA

    xx%

    Rosneft Oil Company

    Russia

    xx%

    KCA Deutag

    UK

    xx%

    Bentec GmbH Drilling & Oilfield Systems

    Germany

    xx%

    Scomi Energy Services Bhd

    Malaysia

    xx%

    Jindal Drilling & Industries Ltd.

    India

    xx%

    Easternwell Group (Transfield Services)

    Australia

    xx%

    Here are a few areas of focus covered in the competitive landscape of the market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The directional drilling tools market size was USD 7.85 billion in 2024.

The global directional drilling tools market size was USD 7.85 billion in 2024 and is likely to reach USD 17.29 billion by the end of 2037, expanding at a CAGR of 6.3% over the forecast period, i.e., 2025-2037.

Schlumberger Limited, Halliburton Company, Baker Hughes Company, Weatherford International plc, NOV Inc., and Schramm Inc. are some key players in the market.

The onshore drilling segment is expected to hold a leading share during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 35.8% during the forecast period.
Inquiry Before Buying Request Free Sample PDF
footer-bottom-logos