15 © TechSci Research Product Overview Scope of Report: Directional Drilling Review Period 2017 – 2020 Base Year 2021 Estimated Year 2022 Forecast Period 2023 – 2027 Year Range GLOBAL DIRECTIONAL DRILLING MARKET BY TYPE • Conventional System • Rotary Steerable System BY REGION • Europe • North America • Asia - Pacific • South America • Middle East & Africa Directional drilling is a technique used by oil - extraction companies in order to access oil in underground reserves . It is the practice of accessing underground oil or gas reserve by drilling in a non - vertical direction . The main advantage of directional drilling is that it enables companies to exploit various oil reservoirs with a single well, thereby reducing the total cost of drilling along with limiting the environmental impact of drilling . Market Segmentation BY TECHNOLOGY • Wellbore Positioning • Side Tracking • Well Planning • Others 15 BY COMPONENT • Drilling Tool Rental • Rig Rental • OCTG Rental • Consumables • Others BY SERVICE • Drilling • Logging - While - Drilling • Measurement - While - Drilling & Survey BY APPLICATION • Onshore • Offshore (Shallow, Deep, Ultra - deep) BY FIELD DEVELOPMENT TYPE • Greenfield • Brownfield