
The global market for Drilling Engineering Software was valued at US$ 624 million in the year 2024 and is projected to reach a revised size of US$ 888 million by 2031, growing at a CAGR of 5.2% during the forecast period.
Drilling engineering software is a specialized suite of computer programs designed to assist in the planning, execution, and analysis of drilling operations in the oil, gas, and geothermal industries, as well as in some mining and construction applications. It integrates various engineering disciplines such as geology, mechanical engineering, and petroleum engineering. The software uses mathematical models, algorithms, and real-time data inputs to simulate drilling scenarios, predict well behavior, optimize drilling parameters (like bit selection, mud properties, and drilling speed), and manage risks associated with drilling activities. It also enables engineers to create detailed well designs, generate reports, and communicate critical information among different stakeholders involved in the drilling project.
North American market for Drilling Engineering Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Drilling Engineering Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Drilling Engineering Software in Oil and Gas Exploration is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Drilling Engineering Software include Baker Hughes Company, Schlumberger, Drillsoft, Innova Drilling & Intervention, SRV Veritas Ltd, Pegasus Vertex, eDrilling, E.S.T.A.R Labs, AGR Software, Dlubal Software, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Drilling Engineering Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drilling Engineering Software.
The Drilling Engineering Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Drilling Engineering Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drilling Engineering Software companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Baker Hughes Company
Schlumberger
Drillsoft
Innova Drilling & Intervention
SRV Veritas Ltd
Pegasus Vertex
eDrilling
E.S.T.A.R Labs
AGR Software
Dlubal Software
Halliburton
PSDE Software
Segment by Type
Drilling Design Software
Reservoir Simulation and Drilling Impact Software
Others
Segment by Application
Oil and Gas Exploration
Geothermal Energy Development
Mining Operations
Construction and Foundation Drilling
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Drilling Engineering Software company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Drilling Engineering Software Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Drilling Design Software
1.2.3 Reservoir Simulation and Drilling Impact Software
1.2.4 Others
1.3 Market by Application
1.3.1 Global Drilling Engineering Software Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Oil and Gas Exploration
1.3.3 Geothermal Energy Development
1.3.4 Mining Operations
1.3.5 Construction and Foundation Drilling
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Drilling Engineering Software Market Perspective (2020-2031)
2.2 Global Drilling Engineering Software Growth Trends by Region
2.2.1 Global Drilling Engineering Software Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Drilling Engineering Software Historic Market Size by Region (2020-2025)
2.2.3 Drilling Engineering Software Forecasted Market Size by Region (2026-2031)
2.3 Drilling Engineering Software Market Dynamics
2.3.1 Drilling Engineering Software Industry Trends
2.3.2 Drilling Engineering Software Market Drivers
2.3.3 Drilling Engineering Software Market Challenges
2.3.4 Drilling Engineering Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Drilling Engineering Software Players by Revenue
3.1.1 Global Top Drilling Engineering Software Players by Revenue (2020-2025)
3.1.2 Global Drilling Engineering Software Revenue Market Share by Players (2020-2025)
3.2 Global Top Drilling Engineering Software Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Drilling Engineering Software Revenue
3.4 Global Drilling Engineering Software Market Concentration Ratio
3.4.1 Global Drilling Engineering Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Drilling Engineering Software Revenue in 2024
3.5 Global Key Players of Drilling Engineering Software Head office and Area Served
3.6 Global Key Players of Drilling Engineering Software, Product and Application
3.7 Global Key Players of Drilling Engineering Software, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Drilling Engineering Software Breakdown Data by Type
4.1 Global Drilling Engineering Software Historic Market Size by Type (2020-2025)
4.2 Global Drilling Engineering Software Forecasted Market Size by Type (2026-2031)
5 Drilling Engineering Software Breakdown Data by Application
5.1 Global Drilling Engineering Software Historic Market Size by Application (2020-2025)
5.2 Global Drilling Engineering Software Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Drilling Engineering Software Market Size (2020-2031)
6.2 North America Drilling Engineering Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Drilling Engineering Software Market Size by Country (2020-2025)
6.4 North America Drilling Engineering Software Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Drilling Engineering Software Market Size (2020-2031)
7.2 Europe Drilling Engineering Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Drilling Engineering Software Market Size by Country (2020-2025)
7.4 Europe Drilling Engineering Software Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Drilling Engineering Software Market Size (2020-2031)
8.2 Asia-Pacific Drilling Engineering Software Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Drilling Engineering Software Market Size by Region (2020-2025)
8.4 Asia-Pacific Drilling Engineering Software Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Drilling Engineering Software Market Size (2020-2031)
9.2 Latin America Drilling Engineering Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Drilling Engineering Software Market Size by Country (2020-2025)
9.4 Latin America Drilling Engineering Software Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Drilling Engineering Software Market Size (2020-2031)
10.2 Middle East & Africa Drilling Engineering Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Drilling Engineering Software Market Size by Country (2020-2025)
10.4 Middle East & Africa Drilling Engineering Software Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Baker Hughes Company
11.1.1 Baker Hughes Company Company Details
11.1.2 Baker Hughes Company Business Overview
11.1.3 Baker Hughes Company Drilling Engineering Software Introduction
11.1.4 Baker Hughes Company Revenue in Drilling Engineering Software Business (2020-2025)
11.1.5 Baker Hughes Company Recent Development
11.2 Schlumberger
11.2.1 Schlumberger Company Details
11.2.2 Schlumberger Business Overview
11.2.3 Schlumberger Drilling Engineering Software Introduction
11.2.4 Schlumberger Revenue in Drilling Engineering Software Business (2020-2025)
11.2.5 Schlumberger Recent Development
11.3 Drillsoft
11.3.1 Drillsoft Company Details
11.3.2 Drillsoft Business Overview
11.3.3 Drillsoft Drilling Engineering Software Introduction
11.3.4 Drillsoft Revenue in Drilling Engineering Software Business (2020-2025)
11.3.5 Drillsoft Recent Development
11.4 Innova Drilling & Intervention
11.4.1 Innova Drilling & Intervention Company Details
11.4.2 Innova Drilling & Intervention Business Overview
11.4.3 Innova Drilling & Intervention Drilling Engineering Software Introduction
11.4.4 Innova Drilling & Intervention Revenue in Drilling Engineering Software Business (2020-2025)
11.4.5 Innova Drilling & Intervention Recent Development
11.5 SRV Veritas Ltd
11.5.1 SRV Veritas Ltd Company Details
11.5.2 SRV Veritas Ltd Business Overview
11.5.3 SRV Veritas Ltd Drilling Engineering Software Introduction
11.5.4 SRV Veritas Ltd Revenue in Drilling Engineering Software Business (2020-2025)
11.5.5 SRV Veritas Ltd Recent Development
11.6 Pegasus Vertex
11.6.1 Pegasus Vertex Company Details
11.6.2 Pegasus Vertex Business Overview
11.6.3 Pegasus Vertex Drilling Engineering Software Introduction
11.6.4 Pegasus Vertex Revenue in Drilling Engineering Software Business (2020-2025)
11.6.5 Pegasus Vertex Recent Development
11.7 eDrilling
11.7.1 eDrilling Company Details
11.7.2 eDrilling Business Overview
11.7.3 eDrilling Drilling Engineering Software Introduction
11.7.4 eDrilling Revenue in Drilling Engineering Software Business (2020-2025)
11.7.5 eDrilling Recent Development
11.8 E.S.T.A.R Labs
11.8.1 E.S.T.A.R Labs Company Details
11.8.2 E.S.T.A.R Labs Business Overview
11.8.3 E.S.T.A.R Labs Drilling Engineering Software Introduction
11.8.4 E.S.T.A.R Labs Revenue in Drilling Engineering Software Business (2020-2025)
11.8.5 E.S.T.A.R Labs Recent Development
11.9 AGR Software
11.9.1 AGR Software Company Details
11.9.2 AGR Software Business Overview
11.9.3 AGR Software Drilling Engineering Software Introduction
11.9.4 AGR Software Revenue in Drilling Engineering Software Business (2020-2025)
11.9.5 AGR Software Recent Development
11.10 Dlubal Software
11.10.1 Dlubal Software Company Details
11.10.2 Dlubal Software Business Overview
11.10.3 Dlubal Software Drilling Engineering Software Introduction
11.10.4 Dlubal Software Revenue in Drilling Engineering Software Business (2020-2025)
11.10.5 Dlubal Software Recent Development
11.11 Halliburton
11.11.1 Halliburton Company Details
11.11.2 Halliburton Business Overview
11.11.3 Halliburton Drilling Engineering Software Introduction
11.11.4 Halliburton Revenue in Drilling Engineering Software Business (2020-2025)
11.11.5 Halliburton Recent Development
11.12 PSDE Software
11.12.1 PSDE Software Company Details
11.12.2 PSDE Software Business Overview
11.12.3 PSDE Software Drilling Engineering Software Introduction
11.12.4 PSDE Software Revenue in Drilling Engineering Software Business (2020-2025)
11.12.5 PSDE Software Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Baker Hughes Company
Schlumberger
Drillsoft
Innova Drilling & Intervention
SRV Veritas Ltd
Pegasus Vertex
eDrilling
E.S.T.A.R Labs
AGR Software
Dlubal Software
Halliburton
PSDE Software
Ìý
Ìý
*If Applicable.
