Global Deep Hole Directional Drilling Rig Market 2023-2030

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    GLOBAL DEEP HOLE DIRECTIONAL DRILLING RIG MARKET 

     

    INTRODUCTION

     Deep Hole Directional Drilling Rig is specifically designed to drill especially long directional drilling borehole in explosive underground environments. It is MA certified and currently operating in Chinese regularly drilling sub-horizontal direction holes in excess of 2000 meters.

     

    Directional drilling (or slant drilling) is the practice of drilling non-vertical bores. It can be broken down into four main groups: oilfield directional drilling, utility installation directional drilling, directional boring (horizontal directional drilling – HDD), and surface in seam (SIS), which horizontally intersects a vertical bore target to extract coal bed methane.

     

    Wells are drilled directionally for several purposes:Increasing the exposed section length through the reservoir by drilling through the reservoir at an angle.Drilling into the reservoir where vertical access is difficult or not possible. For instance an oilfield under a town, under a lake, or underneath a difficult-to-drill formation.

    GLOBAL DEEP HOLE DIRECTIONAL  DRILLING RIG MARKET  SIZE AND FORECAST

     

    infographic: Deep Hole Directional Drilling Rig Market , Deep Hole Directional Drilling Rig Market Size, Deep Hole Directional Drilling Rig Market Trends, Deep Hole Directional Drilling Rig Market Forecast, Deep Hole Directional Drilling Rig Market Risks, Deep Hole Directional Drilling Rig Market Report, Deep Hole Directional Drilling Rig Market Share.

     

    Global deep hole directional drilling rig market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    Boart Longyear, the world’s leading provider of drilling services, equipment and performance tooling is announcing the launch of a new LM Deep Hole underground drilling rig.Boart Longyear continues to deliver industry leading safety, reliability, and productivity.

     

    The new rig will build off the already popular LM110 and Nitro-Chuck™ platforms with the addition of a new PQ drill head. The drill will allow for a 50% increase in drilling depth for NQ size.

     

    As with all LM drills, the rig can be operated with remote control through the DCi™ (Drill Control Interface) and supplied with a rod handler for enhanced safety. This drastically reduces the driller’s exposure to potential hand injuries, one of the biggest risks for a drilling operator.

     

    When paired together, drillers can utilise semi-autonomous drill routines over breaks and shift changes which have been found to increase productivity of up to 14%.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many deep hole directional drilling rig are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global deep hole directional drilling rig and key vendor selection criteria
    3. Where is the deep hole directional drilling rig manufactured? What is the average margin per unit?
    4. Market share of Global deep hole directional drilling rig market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global deep hole directional drilling rig in-house
    6. key predictions for next 5 years in Global deep hole directional drilling rig market
    7. Average B-2-B deep hole directional drilling rig market price in all segments
    8. Latest trends in deep hole directional drilling rig market, by every market segment
    9. The market size (both volume and value) of the deep hole directional drilling rig market in 2023-2030 and every year in between?
    10. Production breakup of deep hole directional drilling rig market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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