Horizontal Directional Drilling Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Machine (Conventional, and Rotary Steerable System), By Type (Small, Medium, and Large), By Application (Oil and Gas, Telecommunication, Drain Pipe, Electric Transmission, and Others) and By Region

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Summary

Report Description

Global horizontal directional drilling market is expected to grow at a rate of steady CAGR for the forecast period, 2023-2027. The increase in awareness regarding the adverse effects of infrastructural development on the environment is driving horizontal directional drilling processes across the globe. It is in high demand for various applications such as utility transmission and supply lines, electrical conductors, communication cables. The heavy layout of fiber optic cables and the expected roll-out of 5G technology is fostering the market demand. The rising demand for high-speed internet connectivity and the rapid development of the telecom sector to provide seamless connectivity to the users is significantly contributing to the global horizontal drilling process market growth. Due to the rapid industrialization and urbanization and the increasing energy requirements across the globe and the high-end investments by the market players for the shale gas development projects is expected to fuel the growth of the global horizontal directional drilling market in the next five years. The horizontal drilling process can be done on extremely rough surfaces and can hit multiple targets in a single time. The presence of huge untapped oil and gas reserves and the growing exploration and production activities to meet the growing energy requirements around the globe are influencing the market growth.

 

Global horizontal directional drilling market is segmented into machine, type, application, regional distribution, and company. Based on regional analysis, the Asia-pacific region is expected to witness the fastest incremental growth for the forecast period, 2023-2027.  The presence of huge infrastructure development projects is driving the demand for advanced drilling equipment. The growing concerns about environmental pollution and the demand for renewable energy to reduce pollution levels are influencing the market demand. Additionally, the surge in the investments for the deployment of the 4G and 5G services and the continuous development of the telecommunication industry is expected to create lucrative opportunities for the global horizontal directional drilling market growth.

The major players operating in the global horizontal directional drilling market are Baker Hughes, Halliburton Co., Nabors Industries Ltd., Schlumberger Ltd., Scientific Drilling International Inc., Weatherford International Plc, American Augers, Inc., Barbco, Inc., Creighton Rock Drill Ltd., Direct Horizontal Drilling, Inc., and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze and estimate the market size of global horizontal directional drilling market from 2017 to 2020.
  • To estimate and forecast the market size of global horizontal directional drilling from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global horizontal directional drilling based on machine, type, application, regional distribution, and company.
  • To identify dominant region or segment in the global horizontal directional drilling market.
  • To identify drivers and challenges for global horizontal directional drilling market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global horizontal directional drilling market.
  • To identify and analyze the profile of leading players operating in global horizontal directional drilling market.
  • To identify key sustainable strategies adopted by market players in global horizontal directional drilling market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global horizontal directional drilling market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Horizontal directional drilling manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to horizontal directional drilling market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Machine

·         Type

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy, Poland; Denmark; South Africa, UAE, Saudi Arabia, Iraq; Turkey; Brazil, Argentina, Colombia; Peru; Chile

Key companies profiled

Baker Hughes, Halliburton Co., Nabors Industries Ltd., Schlumberger Ltd., Scientific Drilling International Inc., Weatherford International Plc, American Augers, Inc., Barbco, Inc., Creighton Rock Drill Ltd., Direct Horizontal Drilling, Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global horizontal directional drilling market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Horizontal Directional Drilling Market, By Machine:

    • Conventional
    • Rotary Steerable System
  • Global Horizontal Directional Drilling Market, By Type:
    • Small
    • Medium
    • Large
  • Global Horizontal Directional Drilling Market, By Application:
    • Oil and Gas
    • Telecommunication
    • Drain Pipe
    • Electric Transmission
    • Others
  • Global Horizontal Directional Drilling Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Poland
      • Denmark
    • South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Iraq
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global horizontal directional drilling market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global horizontal directional drilling market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Horizontal Directional Drilling Market

4.    Executive Summary

5.    Voice of Customers

6.    Global Horizontal Directional Drilling Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Machine (Conventional, and Rotary Steerable System)

6.2.2.     By Type (Small, Medium, and Large)

6.2.3.     By Application (Oil and Gas, Telecommunication, Drain Pipe, Electric Transmission, and Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    North America Horizontal Directional Drilling Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Machine

7.2.2.     By Type

7.2.3.     By Application

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Horizontal Directional Drilling Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Machine

7.3.1.2.2.             By Type

7.3.1.2.3.             By Application

7.3.2.     Canada Horizontal Directional Drilling Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Machine

7.3.2.2.2.             By Type

7.3.2.2.3.             By Application

7.3.3.     Mexico Horizontal Directional Drilling Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Machine

7.3.3.2.2.             By Type

7.3.3.2.3.             By Application

8.    Asia-Pacific Horizontal Directional Drilling Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Machine

8.2.2.     By Type

8.2.3.     By Application

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Horizontal Directional Drilling Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Machine

8.3.1.2.2.             By Type

8.3.1.2.3.             By Application

8.3.2.     India Horizontal Directional Drilling Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Machine

8.3.2.2.2.             By Type

8.3.2.2.3.             By Application

8.3.3.     Japan Horizontal Directional Drilling Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Machine

8.3.3.2.2.             By Type

8.3.3.2.3.             By Application

8.3.4.     South Korea Horizontal Directional Drilling Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Machine

8.3.4.2.2.             By Type

8.3.4.2.3.             By Application

8.3.5.     Australia Horizontal Directional Drilling Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Machine

8.3.5.2.2.             By Type

8.3.5.2.3.             By Application

8.3.6.     Singapore Horizontal Directional Drilling Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Machine

8.3.6.2.2.             By Type

8.3.6.2.3.             By Application

8.3.7.     Malaysia Horizontal Directional Drilling Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Machine

8.3.7.2.2.             By Type

8.3.7.2.3.             By Application

9.    Europe Horizontal Directional Drilling Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Machine

9.2.2.     By Type

9.2.3.     By Application

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Horizontal Directional Drilling Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Machine

9.3.1.2.2.             By Type

9.3.1.2.3.             By Application

9.3.2.     United Kingdom Horizontal Directional Drilling Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Machine

9.3.2.2.2.             By Type

9.3.2.2.3.             By Application

9.3.3.     France Horizontal Directional Drilling Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Machine

9.3.3.2.2.             By Type

9.3.3.2.3.             By Application

9.3.4.     Italy Horizontal Directional Drilling Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Machine

9.3.4.2.2.             By Type

9.3.4.2.3.             By Application

9.3.5.     Spain Horizontal Directional Drilling Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By Grade

9.3.5.2.3.             By Application

9.3.6.     Poland Horizontal Directional Drilling Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Machine

9.3.6.2.2.             By Type

9.3.6.2.3.             By Application

9.3.7.     Denmark Horizontal Directional Drilling Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Machine

9.3.7.2.2.             By Type

9.3.7.2.3.             By Application

10.  South America Horizontal Directional Drilling Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Machine

10.2.2.  By Type

10.2.3.  By Application

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Horizontal Directional Drilling Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Machine

10.3.1.2.2.           By Type

10.3.1.2.3.           By Application

10.3.2.  Argentina Horizontal Directional Drilling Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Machine

10.3.2.2.2.           By Type

10.3.2.2.3.           By Application

10.3.3.  Colombia Horizontal Directional Drilling Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Machine

10.3.3.2.2.           By Type

10.3.3.2.3.           By Application

10.3.4.  Peru Horizontal Directional Drilling Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Machine

10.3.4.2.2.           By Type

10.3.4.2.3.           By Application

10.3.5.  Chile Horizontal Directional Drilling Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Machine

10.3.5.2.2.           By Type

10.3.5.2.3.           By Application

11.  Middle East & Africa Horizontal Directional Drilling Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Machine

11.2.2.  By Type

11.2.3.  By Application

11.2.4.  By Country

11.3.              South America: Country Analysis

11.3.1.  Saudi Arabia Horizontal Directional Drilling Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Machine

11.3.1.2.2.           By Type

11.3.1.2.3.           By Application

11.3.2.  South Africa Horizontal Directional Drilling Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Machine

11.3.2.2.2.           By Type

11.3.2.2.3.           By Application

11.3.3.  UAE Horizontal Directional Drilling Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Machine

11.3.3.2.2.           By Type

11.3.3.2.3.           By Application

11.3.4.  Iraq Horizontal Directional Drilling Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Machine

11.3.4.2.2.           By Type

11.3.4.2.3.           By Application

11.3.5.  Turkey Horizontal Directional Drilling Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Machine

11.3.5.2.2.           By Type

11.3.5.2.3.           By Application

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Company Profiles

14.1.              Baker Hughes

14.2.              Halliburton Co.

14.3.              Nabors Industries Ltd.

14.4.              Schlumberger Ltd.

14.5.              Scientific Drilling International Inc.

14.6.              Weatherford International Plc

14.7.              American Augers, Inc.

14.8.              Barbco, Inc.

14.9.              Creighton Rock Drill Ltd.

14.10.            Direct Horizontal Drilling, Inc.

15.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing crude oil demand and efficient distribution of electricity are expected to drive the demand of the global horizontal directional drilling market during the forecast period.

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Global horizontal directional drilling market is segmented into machine, type, application, regional distribution, and company.

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Asia-Pacific region is expected to hold the largest share in global horizontal directional drilling market during forecast period.

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Baker Hughes, Halliburton Co., Nabors Industries Ltd., Schlumberger Ltd., Scientific Drilling International Inc., Weatherford International Plc, American Augers, Inc., Barbco, Inc., Creighton Rock Drill Ltd., Direct Horizontal Drilling, Inc., and others are the key players in global horizontal directional drilling market.

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Oct, 2021

The increasing demand for renewable energy sources and flourishing construction industry is expected to drive the demand for global horizontal directional drilling market in forecast period.

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