Global Measurement While Drilling Market Size & Outlook

The measurement while drilling industry worldwide is expected to reach a projected revenue of US$ 21,835.3 million by 2027. A compound annual growth rate of 7.8% is expected of the worldwide measurement while drilling industry from 2019 to 2027.
Revenue, 2018 (US$M)
$11,062.1
Forecast, 2027 (US$M)
$21,835.3
CAGR, 2019 - 2027
7.8%
Report Coverage
Worldwide

Global measurement while drilling market, 2016-2027 (US$M)

Global measurement while drilling market highlights

  • The global measurement while drilling market generated a revenue of USD 11,062.1 million in 2018 and is expected to reach USD 21,835.3 million by 2027.
  • The market is expected to grow at a CAGR (2019 - 2027) of 7.8% by 2027.
  • In terms of segment, onshore accounted for a revenue of USD 6,344.6 million in 2018.
  • Offshore is the most lucrative location segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2018.
  • Country-wise, France is expected to register the highest CAGR from 2019 to 2027.

Global data book summary

Market revenue in 2018USD 11,062.1 million
Market revenue in 2027USD 21,835.3 million
Growth rate7.8% (CAGR from 2018 to 2027)
Largest segmentOnshore
Fastest growing segmentOffshore
Historical data covered2016 - 2017
Base year for estimation2018
Forecast period covered2019 - 2027
Quantitative unitsRevenue in USD million
Market segmentationOnshore, Offshore

Other key industry trends

  • In terms of revenue, the North America accounted for 22.5% of the global measurement while drilling market in 2018.
  • By country, the China is projected to lead the global market in terms of revenue in 2027.
  • By country, France is the fastest growing regional market and is projected to reach USD 698.9 million by 2027.

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Measurement While Drilling Market Companies

Name Profile # Employees HQ Website

Global measurement while drilling market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to measurement while drilling market will help companies and investors design strategic landscapes.


Onshore was the largest segment with a revenue share of 57.35% in 2018. Horizon Databook has segmented the Global measurement while drilling market based on onshore, offshore covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Measurement While Drilling Location Outlook (Revenue, USD Million, 2016-2027)
    • Onshore
    • Offshore
  • Global Measurement While Drilling Well Type Outlook (Revenue, USD Million, 2016-2027)
    • Horizontal
    • Directional
    • Vertical

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Target buyers of Global measurement while drilling market databook

  • Our clientele includes a mix of measurement while drilling market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global measurement while drilling market , including forecasts for subscribers. This global databook contains high-level insights into Global measurement while drilling market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global measurement while drilling market size, by regions, 2016-2027 (US$M)

Top 10 countries: Measurement while drilling market size, 2018 (US$M)

Global measurement while drilling market share, by location, 2018 & 2027 (%, US$M)

Measurement while drilling market: Opportunity assessment by country

Global measurement while drilling market, by region, 2018 (US$M)

Global measurement while drilling market size, by regions, 2016-2027 (US$M)

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