Global Rotary Steerable Drilling System Industry

2023-2029 Global Rotary Steerable Drilling System Industry Research & Trends Analysis Report

Global Rotary Steerable Drilling System Industry

2023-2029 Global Rotary Steerable Drilling System Industry Research & Trends Analysis Report


The report classifies the business vertical into various segments based on components, voltage, end-user scope, and regional division. A thorough analysis of each segment with respect to their market share, growth rate, and revenue contribution forms a major part of the study.

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According to the research report, the global market for Rotary Steerable Drilling System should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

5 largest manufacturers in China of rotary steerable drilling system are COSL, Baker Hughes, Halliburton, ZPEC and HTWB, which make up over 80%. Among them, COSL dominates with over 20% production value share, followed by ZPEC (18%) and HTWB (15%).

There are two types of rotary steerable drilling system, including Push-the-bit rotary steerable drilling system and Point-the-bit rotary steerable drilling system. The leading type is Push-the-bit rotary steerable drilling system, with a market share over 65%.

In terms of application, rotary steerable drilling system is mainly used in onshore and offshore. Onshore is the largest segment, accounting for nearly 70%.

This report aims to provide a comprehensive study of the global market for Rotary Steerable Drilling System. Report Highlights:

(1) Global Rotary Steerable Drilling System market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Rotary Steerable Drilling System market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Rotary Steerable Drilling System market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Rotary Steerable Drilling System segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Rotary Steerable Drilling System segment by type and by application and regional segment by type and by application.

(6) Rotary Steerable Drilling System industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Push-the-bit Rotary Steerable Drilling System

Point-the-bit Rotary Steerable Drilling System

Market segment by application, can be divided into

Onshore

Offshore

Market segment by players, this report covers

COSL

Schlumberger

Baker Hughes

Halliburton

Weatherford International

NOV

APS Technology

Enteq Technologies

Kinetic Upstream Technologies

Gyrodata Incorporated

Scout Drilling Technologies

DoubleBarrel RSS

HTWB

ZPEC

1 Market Overview

1.1 Product Overview and Scope of Rotary Steerable Drilling System

1.2 Global Rotary Steerable Drilling System Market Size and Forecast

1.3 China Rotary Steerable Drilling System Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Rotary Steerable Drilling System Share in Global Market, 2018-2029

1.4.2 Rotary Steerable Drilling System Market Size: China VS Global, 2018-2029

1.5 Rotary Steerable Drilling System Market Dynamics

1.5.1 Rotary Steerable Drilling System Market Drivers

1.5.2 Rotary Steerable Drilling System Market Restraints

1.5.3 Rotary Steerable Drilling System Industry Trends

1.5.4 Rotary Steerable Drilling System Industry Policy

2 Global Competitive Situation by Company

2.1 Global Rotary Steerable Drilling System Revenue by Company (2018-2023)

2.2 Global Rotary Steerable Drilling System Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Rotary Steerable Drilling System Concentration Ratio

2.4 Global Rotary Steerable Drilling System Mergers & Acquisitions, Expansion Plans

2.5 Global Rotary Steerable Drilling System Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Rotary Steerable Drilling System Revenue by Company (2018-2023)

3.2 China Rotary Steerable Drilling System Rotary Steerable Drilling System Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Rotary Steerable Drilling System, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Rotary Steerable Drilling System Industry Chain

4.2 Rotary Steerable Drilling System Upstream Analysis

4.3 Rotary Steerable Drilling System Midstream Analysis

4.4 Rotary Steerable Drilling System Downstream Analysis

5 Sights by Type

5.1 Rotary Steerable Drilling System Classification

5.1.1 Push-the-bit Rotary Steerable Drilling System

5.1.2 Point-the-bit Rotary Steerable Drilling System

5.2 By Type, Global Rotary Steerable Drilling System Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Rotary Steerable Drilling System Revenue, 2018-2029

6 Sights by Application

6.1 Rotary Steerable Drilling System Segment by Application

6.1.1 Onshore

6.1.2 Offshore

6.2 By Application, Global Rotary Steerable Drilling System Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Rotary Steerable Drilling System Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Rotary Steerable Drilling System Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Rotary Steerable Drilling System Market Size, 2018-2029

7.3 North America

7.3.1 North America Rotary Steerable Drilling System Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Rotary Steerable Drilling System Market Size Market Share

7.4 Europe

7.4.1 Europe Rotary Steerable Drilling System Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Rotary Steerable Drilling System Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Rotary Steerable Drilling System Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Rotary Steerable Drilling System Market Size Market Share

7.6 South America

7.6.1 South America Rotary Steerable Drilling System Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Rotary Steerable Drilling System Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Rotary Steerable Drilling System Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Rotary Steerable Drilling System Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Rotary Steerable Drilling System Market Size, 2018-2029

8.3.2 By Company, U.S. Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Rotary Steerable Drilling System Market Size, 2018-2029

8.4.2 By Company, Europe Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Rotary Steerable Drilling System Market Size, 2018-2029

8.5.2 By Company, China Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.5.3 By Type, China Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Rotary Steerable Drilling System Market Size, 2018-2029

8.6.2 By Company, Japan Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Rotary Steerable Drilling System Market Size, 2018-2029

8.7.2 By Company, South Korea Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Rotary Steerable Drilling System Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Rotary Steerable Drilling System Market Size, 2018-2029

8.9.2 By Company, India Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.9.3 By Type, India Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Rotary Steerable Drilling System Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Rotary Steerable Drilling System Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Rotary Steerable Drilling System Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 COSL

9.1.1 COSL Company Information, Head Office, Market Area and Industry Position

9.1.2 COSL Company Profile and Main Business

9.1.3 COSL Rotary Steerable Drilling System Models, Specifications and Application

9.1.4 COSL Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.1.5 COSL Recent Developments

9.2 Schlumberger

9.2.1 Schlumberger Company Information, Head Office, Market Area and Industry Position

9.2.2 Schlumberger Company Profile and Main Business

9.2.3 Schlumberger Rotary Steerable Drilling System Models, Specifications and Application

9.2.4 Schlumberger Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.2.5 Schlumberger Recent Developments

9.3 Baker Hughes

9.3.1 Baker Hughes Company Information, Head Office, Market Area and Industry Position

9.3.2 Baker Hughes Company Profile and Main Business

9.3.3 Baker Hughes Rotary Steerable Drilling System Models, Specifications and Application

9.3.4 Baker Hughes Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.3.5 Baker Hughes Recent Developments

9.4 Halliburton

9.4.1 Halliburton Company Information, Head Office, Market Area and Industry Position

9.4.2 Halliburton Company Profile and Main Business

9.4.3 Halliburton Rotary Steerable Drilling System Models, Specifications and Application

9.4.4 Halliburton Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.4.5 Halliburton Recent Developments

9.5 Weatherford International

9.5.1 Weatherford International Company Information, Head Office, Market Area and Industry Position

9.5.2 Weatherford International Company Profile and Main Business

9.5.3 Weatherford International Rotary Steerable Drilling System Models, Specifications and Application

9.5.4 Weatherford International Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.5.5 Weatherford International Recent Developments

9.6 NOV

9.6.1 NOV Company Information, Head Office, Market Area and Industry Position

9.6.2 NOV Company Profile and Main Business

9.6.3 NOV Rotary Steerable Drilling System Models, Specifications and Application

9.6.4 NOV Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.6.5 NOV Recent Developments

9.7 APS Technology

9.7.1 APS Technology Company Information, Head Office, Market Area and Industry Position

9.7.2 APS Technology Company Profile and Main Business

9.7.3 APS Technology Rotary Steerable Drilling System Models, Specifications and Application

9.7.4 APS Technology Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.7.5 APS Technology Recent Developments

9.8 Enteq Technologies

9.8.1 Enteq Technologies Company Information, Head Office, Market Area and Industry Position

9.8.2 Enteq Technologies Company Profile and Main Business

9.8.3 Enteq Technologies Rotary Steerable Drilling System Models, Specifications and Application

9.8.4 Enteq Technologies Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.8.5 Enteq Technologies Recent Developments

9.9 Kinetic Upstream Technologies

9.9.1 Kinetic Upstream Technologies Company Information, Head Office, Market Area and Industry Position

9.9.2 Kinetic Upstream Technologies Company Profile and Main Business

9.9.3 Kinetic Upstream Technologies Rotary Steerable Drilling System Models, Specifications and Application

9.9.4 Kinetic Upstream Technologies Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.9.5 Kinetic Upstream Technologies Recent Developments

9.10 Gyrodata Incorporated

9.10.1 Gyrodata Incorporated Company Information, Head Office, Market Area and Industry Position

9.10.2 Gyrodata Incorporated Company Profile and Main Business

9.10.3 Gyrodata Incorporated Rotary Steerable Drilling System Models, Specifications and Application

9.10.4 Gyrodata Incorporated Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.10.5 Gyrodata Incorporated Recent Developments

9.11 Scout Drilling Technologies

9.11.1 Scout Drilling Technologies Company Information, Head Office, Market Area and Industry Position

9.11.2 Scout Drilling Technologies Company Profile and Main Business

9.11.3 Scout Drilling Technologies Rotary Steerable Drilling System Models, Specifications and Application

9.11.4 Scout Drilling Technologies Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.11.5 Scout Drilling Technologies Recent Developments

9.12 DoubleBarrel RSS

9.12.1 DoubleBarrel RSS Company Information, Head Office, Market Area and Industry Position

9.12.2 DoubleBarrel RSS Company Profile and Main Business

9.12.3 DoubleBarrel RSS Rotary Steerable Drilling System Models, Specifications and Application

9.12.4 DoubleBarrel RSS Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.12.5 DoubleBarrel RSS Recent Developments

9.13 HTWB

9.13.1 HTWB Company Information, Head Office, Market Area and Industry Position

9.13.2 HTWB Company Profile and Main Business

9.13.3 HTWB Rotary Steerable Drilling System Models, Specifications and Application

9.13.4 HTWB Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.13.5 HTWB Recent Developments

9.14 ZPEC

9.14.1 ZPEC Company Information, Head Office, Market Area and Industry Position

9.14.2 ZPEC Company Profile and Main Business

9.14.3 ZPEC Rotary Steerable Drilling System Models, Specifications and Application

9.14.4 ZPEC Rotary Steerable Drilling System Revenue and Gross Margin, 2018-2023

9.14.5 ZPEC Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Rotary Steerable Drilling System Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why are some of the most well-known companies left out of the Rotary Steerable Drilling System Market study?
The Rotary Steerable Drilling System study includes a diverse group of participants, including both market leaders and up-and-comers. Contact our sales representative to receive a complete list of companies covered in the study.
What are the major applications of the Rotary Steerable Drilling System Market?
Depending upon the type of applications, the Rotary Steerable Drilling System Market has been segmented into and other applications.
What years are taken into account in the Rotary Steerable Drilling System Market study?
The Rotary Steerable Drilling System Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
What are the advantages of the Rotary Steerable Drilling System Market research study?
The Rotary Steerable Drilling System Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
What makes the latest Rotary Steerable Drilling System Market study unique?
The latest version of the Rotary Steerable Drilling System Market study includes a market size breakdown by relevant business segments, applications, and geography, as well as qualitative insights such as Patent Analysis*, Market Entropy, Key Development Activities, Market Dynamics, PEST and PORTER models, and more.