시추중 측정(MWD) 시장 보고서 : 동향, 예측, 경쟁 분석(-2031년)

The future of the global measurement while drilling market looks promising with opportunities in the horizontal, directional, and vertical markets. The global measurement while drilling market is expected to grow with a CAGR of 7.8% from 2025 to 2031. The major drivers for this market are the increasing demand for real-time drilling data, the rising adoption of advanced drilling technologies, and the growing focus on offshore oil exploration.

• Lucintel forecasts that, within the location category, offshore is expected to witness higher growth over the forecast period.
• Within the well type category, directional is expected to witness the highest growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the Measurement While Drilling Market

The measurement while drilling market is undergoing a significant transformation, driven by the need for more efficient and data-driven drilling operations. Emerging trends are centered on leveraging digital technologies, automation, and advanced materials to overcome traditional limitations. The focus is on providing real-time, actionable intelligence to optimize drilling and maximize reservoir value.

• Integration of AI/ML: The integration of AI and machine learning in MWD systems is a major trend. AI algorithms analyze real-time downhole data to predict drilling problems, optimize drilling parameters, and improve wellbore placement. This enhances efficiency, reduces non-productive time, and allows for more precise and effective drilling in complex geological formations.
• High-Speed Telemetry Systems: Traditional mud-pulse telemetry has low data rates. The market is shifting toward high-speed telemetry systems like wired drill pipe and advanced electromagnetic solutions. These allow for a greater volume of data to be transmitted in real time, enabling better and faster decision-making on the surface. This is critical for complex directional and horizontal drilling.
• Advanced Sensor Technology: The development of more robust and accurate sensors is a key trend. This includes gyroscopic survey tools that are not affected by magnetic interference and sensors for high-pressure, high-temperature (HPHT) environments. These advancements provide more reliable data from challenging reservoirs, reducing operational risks and improving well placement accuracy.
• Miniaturization and Modularity: MWD tools are becoming smaller and more modular, allowing them to be integrated into a wider range of drill string configurations, including smaller diameters. This trend enhances flexibility, reduces the need for a full BHA (Bottom Hole Assembly) change-out, and lowers operational costs. It also facilitates deployment in slim-hole and unconventional wells.
• Shift to Cloud-Based Analytics: The MWD market is moving towards cloud-based platforms for data storage, processing, and analysis. This allows for real-time collaboration among geoscientists, engineers, and operators, regardless of their location. The impact is improved decision-making through collective intelligence and the ability to leverage big data analytics for long-term drilling optimization.

These trends are reshaping the measurement while drilling market by creating a shift from simply measuring data to providing intelligent, real-time solutions. The future is focused on automated, data-rich drilling that minimizes risk, maximizes efficiency, and ultimately, increases the profitability of oil and gas operations.

Recent Developments in the Measurement While Drilling Market

The measurement while drilling market is experiencing a period of intense innovation, with recent developments aimed at improving data quality, increasing operational efficiency, and expanding the capabilities of drilling technology. These advancements are vital for meeting the demands of a global energy market that requires more precise and cost-effective methods for resource extraction.

• High-Temperature Tool Development: The US Department of Energy has supported the development of MWD tools that can withstand temperatures up to 195°C. This is a crucial development for accessing deep and ultra-deepwater reserves, which are often characterized by extreme heat. The impact is an expansion of drilling frontiers and an increase in the viable reserves that can be explored and produced.
• Electromagnetic Telemetry Advancements: Electromagnetic telemetry is seeing new developments, offering an alternative to traditional mud-pulse systems, especially in underbalanced drilling conditions. Recent improvements focus on increasing signal strength and data transmission rates. This allows for reliable data communication in challenging scenarios where mud pulse is ineffective, improving real-time decision-making.
• MEMS Gyroscope Integration: Micro-Electro-Mechanical Systems gyroscopes are being integrated into MWD tools to provide highly accurate directional surveys. Unlike traditional magnetic tools, MEMS gyros are not affected by magnetic interference from the drill string or surrounding rock. This development ensures more reliable and precise wellbore positioning, especially in complex directional and horizontal drilling.
• Enhanced Gamma-Ray Logging: New MWD tools are featuring more advanced gamma-ray detectors. These sensors provide improved formation evaluation by measuring natural radioactivity in the rock layers. The impact is better geological steering and more accurate reservoir characterization in real time. This helps operators to stay within target zones and maximize hydrocarbon recovery.
• Indigenous Technology in India: India's focus on self-reliance is a key development. The country is promoting indigenous MWD tool manufacturing to reduce its dependence on foreign suppliers. This nationalistic approach is fostering a domestic ecosystem for MWD technology, leading to the development of tailored solutions for local geological conditions and lowering the overall cost of drilling operations.

These developments are having a profound impact on the measurement while drilling market by pushing the boundaries of what is possible in drilling. They are enabling operations in more extreme environments, improving the accuracy of well placement, and reducing the total cost of ownership. This is driving a new era of drilling where technology is key to unlocking previously inaccessible reserves.

Strategic Growth Opportunities in the Measurement While Drilling Market

The measurement while drilling market is experiencing significant growth opportunities driven by the global demand for energy and the increasing complexity of drilling operations. These opportunities are focused on leveraging technology to enhance efficiency, safety, and data-driven decision-making. Strategic growth is concentrated in specific applications that address the industry's most pressing challenges.

• Unconventional Resources Exploration: The exploration of unconventional resources like shale gas and tight oil presents a major growth opportunity. These formations require complex directional and horizontal drilling, which is highly dependent on real-time data provided by MWD systems. This application area is driving demand for advanced MWD tools and services to accurately navigate these complex geological structures and maximize resource recovery.
• Deepwater and Ultra-Deepwater Drilling: As shallow water reserves deplete, deepwater and ultra-deepwater drilling are becoming more prevalent. These environments are characterized by high pressures and temperatures, creating a demand for specialized, highly durable MWD systems. This application area offers a high-value growth opportunity for companies that can provide reliable tools capable of withstanding these extreme conditions.
• Enhanced Reservoir Characterization: MWD systems with advanced logging capabilities, such as real-time gamma ray and resistivity measurements, offer a key growth opportunity in reservoir characterization. By providing a continuous stream of data about rock properties, these systems enable better geological steering and more effective well placement, directly increasing the probability of a successful well and maximizing hydrocarbon production.
• Geothermal Energy Applications: The push for renewable energy sources is creating a new growth opportunity for MWD in the geothermal energy sector. Geothermal drilling requires precise wellbore placement to access underground heat sources. MWD technology can be adapted for this application, providing real-time data to optimize drilling, reduce costs, and enhance the efficiency of geothermal power plant development.
• Integration with Automated Drilling: The trend towards automated drilling is creating a growth opportunity for MWD systems that can seamlessly integrate with these advanced rigs. MWD tools that provide a continuous, high-fidelity data stream are essential for the feedback loops of automated drilling systems. This application area promises to reduce human intervention, improve consistency, and significantly lower drilling time and cost.

These opportunities are profoundly impacting the measurement while drilling market by driving innovation and investment into specialized applications. The focus is on providing solutions for the most challenging and high-value drilling environments. The market is shifting to a model where MWD technology is not just a tool for measurement but an integral component of a fully integrated, data-driven drilling process.

Measurement While Drilling Market Driver and Challenges

The measurement while drilling market is influenced by technological, economic, and regulatory factors. These drivers and challenges collectively shape market dynamics, pushing for innovation while also creating significant hurdles. The interplay of these forces dictates investment, product development, and the overall trajectory of the market.

The factors responsible for driving the measurement while drilling market include:

1. Increasing Energy Demand: The relentless global demand for energy, especially from developing economies, drives a need for increased exploration and production activities. This directly fuels the MWD market, as operators rely on these technologies to find and extract hydrocarbons more efficiently from a wider range of conventional and unconventional sources.

2. Technological Advancements: Continuous innovations in MWD sensor technology, telemetry systems, and data analytics are key drivers. The development of more robust, accurate, and faster tools allows for drilling in harsher environments and provides better real-time insights, improving operational efficiency and reducing costs for exploration companies.

3. Growth in Unconventional Drilling: The widespread adoption of horizontal and directional drilling techniques for unconventional resources, such as shale gas and tight oil, is a major driver. These complex wells require precise steering and real-time downhole data, making MWD systems an indispensable part of the drilling process.

4. Focus on Operational Efficiency: Oil and gas companies are under pressure to reduce drilling costs and non-productive time. MWD tools provide critical data that allows operators to make timely adjustments, optimize drilling parameters, and prevent costly problems like wellbore collapse, thereby enhancing efficiency and profitability.

5. Emphasis on Safety and Environment: Stricter regulations and a growing focus on environmental protection are driving the need for MWD. Real-time monitoring of downhole conditions helps prevent blowouts and other incidents, ensuring safer operations. It also allows for more precise well placement, minimizing the environmental footprint of drilling activities.

Challenges in the measurement while drilling market are:

1. High Initial Investment: The sophisticated nature of MWD tools and the need for specialized software and skilled personnel result in high initial investment costs. This can be a significant barrier for smaller companies and can also deter investment during periods of low oil prices.

2. Technological Complexity: MWD systems are highly complex, requiring specialized expertise for operation, maintenance, and data interpretation. This technological complexity can lead to operational issues and requires a skilled workforce, which may not be readily available in all regions.

3. Harsh Drilling Environments: Operating in high-pressure, high-temperature (HPHT) and corrosive environments presents a major challenge for MWD tools. These conditions can lead to equipment failure, data inaccuracies, and reduced tool lifespan, necessitating continuous R&D to develop more durable and reliable systems.

The measurement while drilling market's trajectory is defined by these opposing forces. While increasing energy demand and technological innovation are powerful drivers, the high costs and technical complexities act as significant hurdles. The market will continue to grow as companies seek to overcome these challenges by investing in advanced, reliable, and cost-effective MWD solutions that meet the demands of an increasingly complex and regulated industry.

List of Measurement While Drilling Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies measurement while drilling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the measurement while drilling companies profiled in this report include-

• Schlumberger
• Halliburton
• Weatherford International
• Cathedral Energy Services
• National Oilwell Varco
• Gyrodata
• Scientific Drilling International
• Leam Drilling Systems
• Jindal Drilling & Industries
• Nabors Industries

Measurement While Drilling Market by Segment

The study includes a forecast for the global measurement while drilling market by location, well type, and region.

Measurement While Drilling Market by Location [Value from 2019 to 2031]:

• Onshore
• Offshore

Measurement While Drilling Market by Well Type [Value from 2019 to 2031]:

• Horizontal
• Directional
• Vertical

Country Wise Outlook for the Measurement While Drilling Market

The measurement while drilling market is rapidly evolving, driven by the need for greater efficiency, accuracy, and safety in oil and gas exploration. Innovations are focused on enhancing real-time data acquisition, improving telemetry systems, and developing more robust tools for harsh drilling environments. This global trend reflects a strong push for optimizing drilling operations and maximizing resource recovery.

• United States: The US is a key market leader, with significant developments driven by the booming shale gas and tight oil sectors. The Department of Energy is supporting the creation of high-temperature MWD tools capable of operating at extreme depths. This focus on durability and advanced sensor technology is crucial for accessing unconventional and ultra-deepwater resources effectively.
• China: China is heavily investing in MWD technology to enhance its domestic oil and gas production, particularly in challenging environments like the Tarim Basin. State-owned companies are spearheading research and development to improve drilling efficiency and reduce reliance on foreign technology. This strategic focus is a key part of China's energy security initiatives.
• Germany: Germany's involvement in the MWD market is primarily through its specialized engineering and manufacturing sectors. German companies are known for producing high-precision sensors and robust components for MWD tools, which are integrated into the systems of major global oilfield service providers. The emphasis is on quality and reliability.
• India: India is focusing on boosting indigenous MWD capabilities under its "Make in India" initiative. Public and private sector collaborations are aimed at developing advanced drilling technologies to support deepwater and offshore exploration activities. The goal is to reduce import costs and achieve self-reliance in its oil and gas sector.
• Japan: Japan's role in the MWD market is concentrated on technological innovation and component manufacturing. The country's expertise in electronics and materials science is being applied to create more compact, durable, and sophisticated MWD sensors. This provides crucial components for global suppliers and contributes to improving the overall performance of MWD systems.

Features of the Global Measurement While Drilling Market

• Market Size Estimates: Measurement while drilling market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
• Segmentation Analysis: Measurement while drilling market size by location, well type, and region in terms of value ($B).
• Regional Analysis: Measurement while drilling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different locations, well types, and regions for the measurement while drilling market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the measurement while drilling market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the measurement while drilling market by location (onshore and offshore), well type (horizontal, directional, and vertical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

• 2.1 Background and Classifications
• 2.2 Supply Chain

3. Market Trends & Forecast Analysis

• 3.2 Industry Drivers and Challenges
• 3.3 PESTLE Analysis
• 3.4 Patent Analysis
• 3.5 Regulatory Environment

4. Global Measurement While Drilling Market by Location

• 4.1 Overview
• 4.2 Attractiveness Analysis by Location
• 4.3 Onshore: Trends and Forecast (2019-2031)
• 4.4 Offshore: Trends and Forecast (2019-2031)

5. Global Measurement While Drilling Market by Well Type

• 5.1 Overview
• 5.2 Attractiveness Analysis by Well Type
• 5.3 Horizontal: Trends and Forecast (2019-2031)
• 5.4 Directional: Trends and Forecast (2019-2031)
• 5.5 Vertical: Trends and Forecast (2019-2031)

6. Regional Analysis

• 6.1 Overview
• 6.2 Global Measurement While Drilling Market by Region

7. North American Measurement While Drilling Market

• 7.1 Overview
• 7.2 North American Measurement While Drilling Market by Location
• 7.3 North American Measurement While Drilling Market by Well Type
• 7.4 United States Measurement While Drilling Market
• 7.5 Mexican Measurement While Drilling Market
• 7.6 Canadian Measurement While Drilling Market

8. European Measurement While Drilling Market

• 8.1 Overview
• 8.2 European Measurement While Drilling Market by Location
• 8.3 European Measurement While Drilling Market by Well Type
• 8.4 German Measurement While Drilling Market
• 8.5 French Measurement While Drilling Market
• 8.6 Spanish Measurement While Drilling Market
• 8.7 Italian Measurement While Drilling Market
• 8.8 United Kingdom Measurement While Drilling Market

9. APAC Measurement While Drilling Market

• 9.1 Overview
• 9.2 APAC Measurement While Drilling Market by Location
• 9.3 APAC Measurement While Drilling Market by Well Type
• 9.4 Japanese Measurement While Drilling Market
• 9.5 Indian Measurement While Drilling Market
• 9.6 Chinese Measurement While Drilling Market
• 9.7 South Korean Measurement While Drilling Market
• 9.8 Indonesian Measurement While Drilling Market

10. ROW Measurement While Drilling Market

• 10.1 Overview
• 10.2 ROW Measurement While Drilling Market by Location
• 10.3 ROW Measurement While Drilling Market by Well Type
• 10.4 Middle Eastern Measurement While Drilling Market
• 10.5 South American Measurement While Drilling Market
• 10.6 African Measurement While Drilling Market

11. Competitor Analysis

• 11.1 Product Portfolio Analysis
• 11.2 Operational Integration
• 11.3 Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants
• 11.4 Market Share Analysis

12. Opportunities & Strategic Analysis

• 12.1 Value Chain Analysis
• 12.2 Growth Opportunity Analysis
  • 12.2.1 Growth Opportunities by Location
  • 12.2.2 Growth Opportunities by Well Type
• 12.3 Emerging Trends in the Global Measurement While Drilling Market
• 12.4 Strategic Analysis
  • 12.4.1 New Product Development
  • 12.4.2 Certification and Licensing
  • 12.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

13. Company Profiles of the Leading Players Across the Value Chain

• 13.1 Competitive Analysis
• 13.2 Schlumberger
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.3 Halliburton
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.4 Weatherford International
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.5 Cathedral Energy Services
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.6 National Oilwell Varco
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.7 Gyrodata
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.8 Scientific Drilling International
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.9 Leam Drilling Systems
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.10 Jindal Drilling & Industries
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.11 Nabors Industries
  • Company Overview
  • Measurement While Drilling Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing

14. Appendix

• 14.1 List of Figures
• 14.2 List of Tables
• 14.3 Research Methodology
• 14.4 Disclaimer
• 14.5 Copyright
• 14.6 Abbreviations and Technical Units
• 14.7 About Us
• 14.8 Contact Us