Directional Drilling Market to Expand at a CAGR of 4.88% to 2021 Due to Rise in Oil & Gas Industry

ResearchMoz presents professional and in-depth study of “Global Directional Drilling Market 2017-2021”.

Directional drilling is the practice of deviating the wellbore along a planned path to a specific location (also known as target location). The target location is predetermined and is at a given lateral distance and direction from the vertical. Directional drilling is carried out as vertically as possible from a given true vertical depth (TVD).

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Technavios analysts forecast the global directional drilling market to grow at a CAGR of 4.88% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global directional drilling market for 2017-2021. To calculate the market size, the report considers the services market.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Directional Drilling Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Baker Hughes

Halliburton

Schlumberger

Weatherford

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Other prominent vendors

Cathedral Energy Services

Directional Technologies

Ensco

Gyrodata

Jindal Drilling and Industries

LEAM Drilling Systems

MOTIVE DRILLING TECHNOLOGIES

Nabors Industries

National Oilwell Varco

Seadrill

SCIENTIFIC DRILLING INTERNATIONAL

TRANSOCEAN

Market driver

Rise in the development of unconventional oil and gas resources

For a full, detailed list, view our report

Market challenge

Fluctuations in oil and gas prices

For a full, detailed list, view our report

Market trend

Technological innovations

For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-directional-drilling-market-2017-2021-report.html

Key questions answered in this report

What will the market size be in 2021 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?

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