Global Positive Displacement Motor Market - Introduction Positive displacement motors are primarily used for directional drilling These motors are utilized to convert the liquid fuel flow inside the equipment into rotational energy in order to power the drill bits at high rpm Global Positive Displacement Motor Market - Dynamics Rising usage of liquid fuel is considered to be a key factor driving the positive displacement motor market. Rapid rise in urbanization and industrialization in developing countries boosts the consumption of liquid fuel. Major oil & gas companies have expanded their production through exploration & production (E&P) activities in new and existing oil & gas production sites in order to cater to the rising demand across different end-user sector in the market. Increase in deepwater and ultra-deepwater exploration activities drive the investments for offshore drilling and consequently, boost the positive displacement motor market Mo...