News

The global horizontal directional drilling market size is expected to be worth around US$ 18.6 billion by 2030, according to a new report by Vision Research Reports.

The global horizontal directional drilling market size was valued at US$ 10.6 billion in 2020 and is anticipated to grow at a CAGR of 8.7% during forecast period 2021 to 2030.

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Report Coverage

Growth Factors

 The rising emphasis on minimizing the environmental impact of drilling and boring activities, rapid urbanization, and the inconvenience caused to the public due to the increased open-cut utility installations are some of the key factors driving the Horizontal Directional Drilling (HDD) market growth.

Key Players

• Nabors Industries Ltd.
• The Toro Company
• The Charles Machine Works, Inc.
• Vermeer Corporation
• Herrenknecht AG
• XCMG

Market Segmentation

• Machine Type
  • Conventional
  • Rotary Steerable System
• Machines Parts
  • Rigs
    • Type
      • Mini
      • Midi
      • Maxi
    • Sales
      • New sales
      • Aftermarket
  • Pipes
  • Bits
  • Reamers
  • Others
• Services Application
  • Onshore
  • Offshore
• Services End-use
  • Oil & Gas Extraction
  • Utility
  • Telecommunication
  • Others
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
  • Asia-Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)
    • KSA
    • UAE
    • Kuwait

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