Key Directional Drilling Tools Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
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: