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Directional Drilling Tools Market - Top Companies and Manufacturers

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Report ID: 3520
Published Date: Aug 26, 2024
Report Format: PDF, PPT

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Companies Dominating the Directional Drilling Tools Landscape

Scientific Drilling International
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Weatherford International plc
China Oilfield Services Limited
China National Petroleum Corporation
Halliburton Energy Services, Inc.
Schlumberger Limited
Baker Hughes Company
NOV Inc.
Radius HDD Direct
Geovista Ltd

Browse Key Market Insights with Data Illustration:

Directional Drilling Tools Market Size & Share, Growth Report 2036

In the News

May 10, 2021: Schlumberger Limited announced that it has collaborated with NOV Inc. for accelerating the adoption of automated drilling solutions by drilling contractors and oil & gas operators.

Author Credits: Richa Gupta

Report ID: 3520
Published Date: Aug 26, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of directional drilling tools is assessed at USD 9.27 billion.

Directional Drilling Tools Market size was valued at USD 8.69 billion in 2023 and is expected to exceed USD 24.8 billion by 2036, expanding at over 8.4% CAGR during the forecast period i.e., between 2024-2036. The rising number of drilling activities worldwide, followed by the rising discoveries of new oil fields will boost the market growth.

North America industry is anticipated to garner the largest revenue share of 45% by 2036, attributed to increasing number of drilling activities in the region, which is driving the need for advanced machineries and equipment.

The major players in the market are Scientific Drilling International, Weatherford International plc, China Oilfield Services Limited, China National Petroleum Corporation, Halliburton Energy Services, Inc., and others.

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