Horizontal directional drilling (HDD), commonly called directional boring, is a steerable trenchless method of installing underground pipes, conduits and cables in a shallow arc along a prescribed bore path by using a surface-launched drilling rig, with minimal impact on the surrounding area. Directional boring is used when trenching or excavating is not practical. It is suitable for a variety of soil conditions and jobs including road, landscape and river crossings.
According to our (Global Info Research) latest study, the global Horizontal Directional Drilling market size was valued at USD 948.9 million in 2022 and is forecast to a readjusted size of USD 1130 million by 2029 with a CAGR of 2.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core horizontal directional drilling manufacturers include Charles Machine Works, XCMG etc.The top 3 companies hold a share about 60%.Asia Pacific is the largest market, with a share about 45%, followed by North America and Europe with the share about 38% and 10%.In terms of product, small HDD is the largest segment, with a share over 55%. And in terms of application, the largest application is telecommunication, followed by water related.
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This report is a detailed and comprehensive analysis for global Horizontal Directional Drilling market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
Small HDD
Medium HDD
Large HDD
Market segment by Application
Oil and Gas
Telecommunication
Water Related
Electric Transmission
Others
Major players covered
Charles Machine Works
XCMG
Vermeer
Goodeng Machine
Herrenknecht AG
Dilong
Drillto
DW/TXS
CHTC JOVE
Huanghai
TRACTO-TECHNIK
Guangxi Huali
Barbco
Terra
Prime Drilling
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Horizontal Directional Drilling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Horizontal Directional Drilling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Horizontal Directional Drilling, with price, sales, revenue and global market share of Horizontal Directional Drilling from 2018 to 2023.
Chapter 3, the Horizontal Directional Drilling competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Horizontal Directional Drilling breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Horizontal Directional Drilling market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Horizontal Directional Drilling.
Chapter 14 and 15, to describe Horizontal Directional Drilling sales channel, distributors, customers, research findings and conclusion.
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