Report
forecast the global directional drilling market to grow at a CAGR of 10.42% in
terms of over the period 2014-2019.
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.
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.
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.
According to
the report the increased consumption and demand for oil and gas from various
end-user segments is driving the global directional drilling market. Vendors
and governments of various countries are therefore investing in directional
drilling to enhance the global oil and gas production and maintain the
demand-supply balance in the market. The diminishing oil production from
existing reserves will further drive the market in terms of increased
applications and drilling of multilateral and extended reach wells.
Key
geographies
- Americas
- APAC
- EMEA
Key players
in the Global Directional Drilling Market:
Baker Hughes, Gyrodata, Halliburton, Schlumberger and Superior Drilling
Products
Other
Prominent Vendors in the market are: Cathedral Energy Services, Calmena Energy
Services, General Electric Oil & Gas, Leam Drilling Systems, the
Directional Drilling Company, Michels Corporation, and Nabors Industries.
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?
Spanning over 99 pages “Directional
Drilling Market 2015-2019” report covers Executive Summary, Scope
of the Report, Market Research Methodology, Introduction, Market landscape, Market
segmentation by services and equipment, Market segmentation by type of
directional well, Market segmentation by type of directional well, Market
segmentation by type of directional drilling, Market segmentation by
application, Geographical segmentation, Market drivers, Impact of drivers,
Market challenges, Impact of drivers and challenges, Market trends, Vendor
landscape, Key vendor analysis, Appendix.
For
further information on this report, please visit- http://mrr.cm/ofQ
Related Report:
Global Thin-film Battery Market 2015-2019 - visit
at: http://mrr.cm/ofA
No comments:
Post a Comment