The concept of directional drilling involves drilling wells at multiple angles (including vertical drilling), to reach the reserves. In Oil & Gas sector, directional drilling including HDD has advanced technologically in terms of drilling multiple holes. Today, a single vertical hole is drilled up to a certain depth, and from there the drill bits can be taken in multiple angular directions that run parallel to the ground. This directional drilling helps in reducing environmental impact which was high in the case of multiple puncturing.
Improvements in drilling sensors and GOS (Global Positioning Systems) have helped attain immense improvements in horizontal directional drilling technology. Today, the drill bit angle can be controlled with high accuracy and real-time data acquisition technologies. This helps in providing multiple solutions to drilling challenges like tool failure, mud extraction, and accurate angular movement to hit the reserve amongst others. The tools utilized to achieve directional drilling are whip stocks, bottom-hole assembly (BHA) configurations, 3-D measuring devices, mud motors, and specialized (diamond core) drill bits.
The tools and techniques used in horizontal directional drilling process in the oil and gas industry have eventually led to this technology being applied to other end-use industries like telecommunications, energy & utilities, and electric transmission systems (underground) to connect underground pipelines, beach pull of underground pipelines, lay optic fiber cables, join existing cables with new fibers and duct laying amongst others. Earlier a trench was to be excavated to initiate the drilling process including HDD. But now with the advent of technologies, HDD tools can be set up in a trenchless environment that has further minimized environmental impact. The trenchless technology allows obstacles like rivers, roads, terrain, mountains, roads & residential areas and other protection zones to be crossed underground. This underground pipeline is also better protected against external influences like surrounding pressure and natural calamities like earthquakes.
The components used for horizontal drilling in the case of telecommunication cables, utilities, and electrical transmission set-up are similar to those utilized in oil well drilling rigs. The drill pipe and down-hole tools are generally interchangeable. Drilling fluid is used throughout the operation to reduce friction and stabilize the hole from extremely high pressure built due to a hole drilled. Except for the oil and gas sector, HDD utilized for other end-use industry sometimes use boring instead of drilling especially when machines are used to extract underground water. Otherwise, drilling is the common terminology used in case of puncturing holes into the ground.
Based on the geographical segment, the region with the largest market share of the horizontal directional drilling market was Asia Pacific (APAC) in 2022. The boom in mega construction and infrastructure projects, rapid urbanization, improving transportation and road facilities, high underground water extraction and rapidly expanding telecom industry are some of the major driving factors for the market growth in APAC. MEA is expected to follow after APAC on account of massive infrastructure development and oil and gas development in the GCC, South Africa, and other West African countries. North America and Europe are expected to have a moderate growth rate and Latin America is also expected to witness a high growth rate during the forecast period.
The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends, and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
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Improvements in drilling sensors and GOS (Global Positioning Systems) have helped attain immense improvements in horizontal directional drilling technology. Today, the drill bit angle can be controlled with high accuracy and real-time data acquisition technologies. This helps in providing multiple solutions to drilling challenges like tool failure, mud extraction, and accurate angular movement to hit the reserve amongst others. The tools utilized to achieve directional drilling are whip stocks, bottom-hole assembly (BHA) configurations, 3-D measuring devices, mud motors, and specialized (diamond core) drill bits.
The tools and techniques used in horizontal directional drilling process in the oil and gas industry have eventually led to this technology being applied to other end-use industries like telecommunications, energy & utilities, and electric transmission systems (underground) to connect underground pipelines, beach pull of underground pipelines, lay optic fiber cables, join existing cables with new fibers and duct laying amongst others. Earlier a trench was to be excavated to initiate the drilling process including HDD. But now with the advent of technologies, HDD tools can be set up in a trenchless environment that has further minimized environmental impact. The trenchless technology allows obstacles like rivers, roads, terrain, mountains, roads & residential areas and other protection zones to be crossed underground. This underground pipeline is also better protected against external influences like surrounding pressure and natural calamities like earthquakes.
The components used for horizontal drilling in the case of telecommunication cables, utilities, and electrical transmission set-up are similar to those utilized in oil well drilling rigs. The drill pipe and down-hole tools are generally interchangeable. Drilling fluid is used throughout the operation to reduce friction and stabilize the hole from extremely high pressure built due to a hole drilled. Except for the oil and gas sector, HDD utilized for other end-use industry sometimes use boring instead of drilling especially when machines are used to extract underground water. Otherwise, drilling is the common terminology used in case of puncturing holes into the ground.
Based on the geographical segment, the region with the largest market share of the horizontal directional drilling market was Asia Pacific (APAC) in 2022. The boom in mega construction and infrastructure projects, rapid urbanization, improving transportation and road facilities, high underground water extraction and rapidly expanding telecom industry are some of the major driving factors for the market growth in APAC. MEA is expected to follow after APAC on account of massive infrastructure development and oil and gas development in the GCC, South Africa, and other West African countries. North America and Europe are expected to have a moderate growth rate and Latin America is also expected to witness a high growth rate during the forecast period.
Key players across the pile driving equipment’s value chain are:
Drillto Trenchless Co., Ltd., Prime Drilling GmbH, XCMG Group, Herrenknecht AG, Tracto Technique GmbH & Co. KG, Ditch Witch Ltd., Goodend Machines International, XCMG Group Co., Ltd., Zoomlion ElectroMech India Pvt. Ltd., CNH Industrial America LLC and DE/TXS Construction Equipment Co., Ltd. and Notable players.Historical & Forecast Period
This study report represents an analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends, and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. A key data point that enables the estimation of the Horizontal Directional Drilling (HDD) market are as follows:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Several end users and consumption volume, price, and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Horizontal Directional Drilling (HDD) market and their expected impact during the forecast period.
Market Segmentation
End-use Industry
- Oil & Gas
- Energy & Utilities (Water, Gas, Oil Products, and Power Distribution)
- Telecommunication
- Electric Transmission
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of the Horizontal Directional Drilling (HDD) market?
- What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Horizontal Directional Drilling (HDD) market?
- Which is the largest regional market for Horizontal Directional Drilling (HDD) market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Horizontal Directional Drilling (HDD) market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Horizontal Directional Drilling (HDD) market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Horizontal Directional Drilling (HDD) Market
2.2. Global Horizontal Directional Drilling (HDD) Market, By End-use Industry, 2022 (US$ Million)
2.3. Global Horizontal Directional Drilling (HDD) Market, By Geography, 2022 (US$ Million)
2.4. Attractive Investment Proposition by Geography, 2022
3. Horizontal Directional Drilling (HDD) Market: Competitive Analysis
3.1. Market Positioning of Key Horizontal Directional Drilling (HDD) Market Vendors
3.2. Strategies Adopted by Horizontal Directional Drilling (HDD) Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031
4. Horizontal Directional Drilling (HDD) Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Horizontal Directional Drilling (HDD) Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
5.3.1. Oil & Gas
5.3.2. Energy & Utilities (Water, Gas, Oil Products, and Power Distribution)
5.3.3. Telecommunication
5.3.4. Electric Transmission
6. North America Horizontal Directional Drilling (HDD) Market, 2021-2031, USD (Million)
6.1. Market Overview
6.2. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
6.3.Horizontal Directional Drilling (HDD) Market: By Region, 2021-2031, USD (Million)
6.3.1.North America
6.3.1.1. U.S.
6.3.1.1.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
6.3.1.2. Canada
6.3.1.2.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
6.3.1.3. Rest of North America
6.3.1.3.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7. UK and European Union Horizontal Directional Drilling (HDD) Market, 2021-2031, USD (Million)
7.1. Market Overview
7.2. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7.3.Horizontal Directional Drilling (HDD) Market: By Region, 2021-2031, USD (Million)
7.3.1.UK and European Union
7.3.1.1. UK
7.3.1.1.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7.3.1.2. Germany
7.3.1.2.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7.3.1.3. Spain
7.3.1.3.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7.3.1.4. Italy
7.3.1.4.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7.3.1.5. France
7.3.1.5.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
7.3.1.6. Rest of Europe
7.3.1.6.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8. Asia Pacific Horizontal Directional Drilling (HDD) Market, 2021-2031, USD (Million)
8.1. Market Overview
8.2. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8.3.Horizontal Directional Drilling (HDD) Market: By Region, 2021-2031, USD (Million)
8.3.1.Asia Pacific
8.3.1.1. China
8.3.1.1.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8.3.1.2. Japan
8.3.1.2.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8.3.1.3. India
8.3.1.3.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8.3.1.4. Australia
8.3.1.4.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8.3.1.5. South Korea
8.3.1.5.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
8.3.1.6. Rest of Asia Pacific
8.3.1.6.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
9. Latin America Horizontal Directional Drilling (HDD) Market, 2021-2031, USD (Million)
9.1. Market Overview
9.2. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
9.3.Horizontal Directional Drilling (HDD) Market: By Region, 2021-2031, USD (Million)
9.3.1.Latin America
9.3.1.1. Brazil
9.3.1.1.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
9.3.1.2. Mexico
9.3.1.2.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
9.3.1.3. Rest of Latin America
9.3.1.3.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
10. Middle East and Africa Horizontal Directional Drilling (HDD) Market, 2021-2031, USD (Million)
10.1. Market Overview
10.2. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
10.3.Horizontal Directional Drilling (HDD) Market: By Region, 2021-2031, USD (Million)
10.3.1.Middle East and Africa
10.3.1.1. GCC
10.3.1.1.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
10.3.1.2. Africa
10.3.1.2.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
10.3.1.3. Rest of Middle East and Africa
10.3.1.3.1. Horizontal Directional Drilling (HDD) Market: By End-use Industry, 2021-2031, USD (Million)
11. Company Profile
11.1. Drillto Trenchless Co., Ltd.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Portfolio
11.1.4. Strategic Initiatives
11.2. Prime Drilling GmbH
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Portfolio
11.2.4. Strategic Initiatives
11.3. XCMG Group
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Portfolio
11.3.4. Strategic Initiatives
11.4. Herrenknecht AG
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Portfolio
11.4.4. Strategic Initiatives
11.5. Tracto Technique GmbH & Co. KG
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Portfolio
11.5.4. Strategic Initiatives
11.6. Ditch Witch Ltd.
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Portfolio
11.6.4. Strategic Initiatives
11.7. Goodend Machines International
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Portfolio
11.7.4. Strategic Initiatives
11.8. XCMG Group Co., Ltd.
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Portfolio
11.8.4. Strategic Initiatives
11.9. Zoomlion ElectroMech India Pvt. Ltd.
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Portfolio
11.9.4. Strategic Initiatives
11.10. CNH Industrial America LLC
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Portfolio
11.10.4. Strategic Initiatives
11.11. DE/TXS Construction Equipment Co., Ltd.
11.11.1. Company Overview
11.11.2. Financial Performance
11.11.3. Product Portfolio
11.11.4. Strategic Initiatives
11.12. Others notable players
11.12.1. Company Overview
11.12.2. Financial Performance
11.12.3. Product Portfolio
11.12.4. Strategic Initiatives
List of Figures
Figure 1 Global Horizontal Directional Drilling (HDD) Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Horizontal Directional Drilling (HDD) Market: Quality Assurance
Figure 5 Global Horizontal Directional Drilling (HDD) Market, By End-use Industry, 2022
Figure 6 Global Horizontal Directional Drilling (HDD) Market, By Geography, 2022
Figure 7 Market Geographical Opportunity Matrix - Global Horizontal Directional Drilling (HDD) Market, 2022
Figure 8 Market Positioning of Key Horizontal Directional Drilling (HDD) Market Players, 2022
Figure 9 Global Horizontal Directional Drilling (HDD) Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
Figure 10 Global Horizontal Directional Drilling (HDD) Market, By End-use Industry, 2022 Vs 2031, %
Figure 11 U.S. Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 12 Canada Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 13 Rest of North America Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 14 UK Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 15 Germany Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 16 Spain Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 17 Italy Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 18 France Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 19 Rest of Europe Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 20 China Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 21 Japan Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 22 India Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 23 Australia Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 24 South Korea Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 25 Rest of Asia Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 26 Brazil Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 27 Mexico Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 28 Rest of Latin America Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 29 GCC Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 30 Africa Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
Figure 31 Rest of Middle East and Africa Horizontal Directional Drilling (HDD) Market (US$ Million), 2021 - 2031
List of Figures
Table 1 Global Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 2 North America Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 3 U.S. Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 4 Canada Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 5 Rest of North America Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 6 UK and European Union Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 7 UK Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 8 Germany Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 9 Spain Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 10 Italy Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 11 France Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 12 Rest of Europe Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 13 Asia Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 14 China Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 15 Japan Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 16 India Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 17 Australia Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 18 South Korea Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 19 Latin America Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 20 Brazil Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 21 Mexico Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 22 Rest of Latin America Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 23 Middle East and Africa Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 24 GCC Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 25 Africa Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Table 26 Rest of Middle East and Africa Horizontal Directional Drilling (HDD) Market By End-use Industry, 2021-2031, USD (Million)
Companies Mentioned
- Drillto Trenchless Co. Ltd.
- Prime Drilling GmbH
- XCMG Group
- Herrenknecht AG
- Tracto Technique GmbH & Co. KG
- Ditch Witch Ltd.
- Goodend Machines International
- XCMG Group Co. Ltd.
- Zoomlion ElectroMech India Pvt. Ltd.
- CNH Industrial America LLC
- DE/TXS Construction Equipment Co. Ltd.
