Press release
Horizontal Directional Drilling Market expected to reach $21.95 billion by 2026 growing at a CAGR of 14.6% | Goodeng Machine, Prime Drilling, Toro, XCMG, American Augers, Ditch Witch, Herrenknecht AG
Some of the factors such as increasing growth of telecommunication and oil & gas industries, high underground water extraction and growing awareness about minimally invasive techniques are boosting the market growth. However, factors such as lack of skilled workers and damage occurred through cross bore technique are hampering the market growth.Horizontal directional drilling is one of the most specialized methods for installing underground conduits with minimal damages to the surrounding ecosystem through trenchless methods. It involves the use of a directional drilling machine, and associated attachments, to accurately drill along the chosen bore path and back ream the required pipe. It is ideal for installing cables, conduits, and pipes for short-distance as well as long-distance projects and even at deeper depths.
Top Companies Covered in this Report:
Goodeng Machine, Prime Drilling, Toro, XCMG, American Augers, Ditch Witch, Herrenknecht AG, Sandvik, Vermeer, Barbco, Inc., Ellingson Companies, Laney Directional Drilling Co., McLaughlin Group, Inc., Creighton Rock Drill Ltd. and Vector Magnetics LLC.
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The report aims to provide an overview of Horizontal Directional Drilling market with detailed market segmentation by mounting location, vehicle type and geography. The global Horizontal Directional Drilling market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Horizontal Directional Drilling market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Horizontal Directional Drilling market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2026.
The report analyzes factors affecting Horizontal Directional Drilling market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Horizontal Directional Drilling market in these regions.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Horizontal Directional Drilling Market Size
2.2 Horizontal Directional Drilling Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Horizontal Directional Drilling Market Size by Manufacturers
3.2 Horizontal Directional Drilling Key Players Head office and Area Served
3.3 Key Players Horizontal Directional Drilling Product/Solution/Service
3.4 Date of Enter into Horizontal Directional Drilling Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Horizontal Directional Drilling Sales by Product
4.2 Global Horizontal Directional Drilling Revenue by Product
4.3 Horizontal Directional Drilling Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Horizontal Directional Drilling Breakdown Data by End User
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