Directional Drilling Services Market Size, Share, Growth Analysis, By Type(Conventional, and Rotary Steerable Systems (RSS)), By Location(Onshore, and Offshore), By Well Type(Horizontal, Multilateral) - Industry Forecast 2024-2031

The North American region holds a dominant share of the global directional drilling services market. North America, particularly the United States and Canada is witnessing robust demand for directional drilling services. The ongoing shale gas exploration projects are fueling the market growth in North America. The growing popularity of well pad development is further increasing the need for directional drilling services. The operators in North America seek to maximize reservoir recovery, and directional drilling allows for the precise targeting of specific zones within reservoirs

Demand for directional drilling services is increasing at a rapid pace in the Asia Pacific region, driven by the ongoing infrastructure development projects including the construction of transportation networks or pipelines. India and China are some of the key countries in the Asia Pacific region witnessing high demand for directional drilling services. The rising energy demand due to rapid urbanization and industrialization is leading to a high need for directional drilling services. Increasing investments in shale gas and oil exploration projects are further creating opportunities for directional drilling services providers in the Asia Pacific region.