Feb 26, 2019   SOURCE: BusinessWire

Global Horizontal Directional Drilling (HDD) Market by Technique, Part, Application, End-use and Region - Forecast to 2025 - ResearchAndMarkets.com

The "Horizontal Directional Drilling (HDD) Market Size, Share & Trends Analysis Report By Technique (Conventional, Rotary Steerable System), By Parts, By Application, By End Use, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global horizontal directional drilling market size is estimated to reach USD 17.6 billion by 2025, progressing at a CAGR of 13.2% during the forecast period.

Growing emphasis on adopting environment-friendly trenchless technologies globally is driving the HDD market, as this drilling technique is turning out to be one of the most critical subsurface construction methods for developing, maintaining, and replacing underground infrastructure.

Horizontal directional drilling has proved to be more convenient and environment-friendly as compared to conventional vertical maneuvering method. It is ideal for installing cables, conduits, and pipes for short-distance as well as long-distance projects and even at deeper depths.

Launch of newer generations of cellular networking technology, such as 4G and 5G, has increased the demand for capable transmission systems. As a result, horizontal directional drilling setups are increasingly being deployed for installing new telecommunication transmission lines. Besides this, burgeoning demand for suitably-diffused distribution of electricity and natural gas from high-capacity intrastate and interstate lines and pipelines is also anticipated to propel the global horizontal directional drilling services market.

With the help of HDD rigs and other machines, significant volumes of oil and gas can be extracted from reservoirs located as deep as 10,000 feet while causing a minimal impact on the environment. Moreover, HDD setup consumes lesser space, thereby making it ideal for situations where projects are located in congested areas and need to be completed in a short span of time.

Further key findings from the report suggest:

  • The HDD midi rigs segment is projected to exhibit a CAGR of more than 4% during the forecast period
  • Onshore HDD services business was valued at over USD 3 billion in 2018
  • By 2025, the telecommunication segment is poised to hold a revenue share of over 25% of the global HDD services market
  • North America accounted for the largest revenue share in the horizontal directional drilling (HDD) market in 2018. It is likely to retain its position through 2025
  • The key players in the global horizontal directional drilling machines market include Ditch Witch, Vermeer Corporation, Ellingson Companies, and American Augers, Inc.
  • Some of the major HDD service providers are Nabors Industries Ltd., UEA, Herrenknecht AG, and Laney Directional Drilling

Topics Covered

Chapter 1 Methodology and Scope

1.1 Research Methodology

1.2 Research Scope and Assumptions

1.3 List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Market Snapshot

3.1 Global HDD Machines and Services Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025

3.2 Market Segmentation & Scope

3.3 Global HDD Machines and Services Market Size and Growth Prospects

3.4 Value Chain

3.5 Market Dynamics

3.5.1 Market driver analysis

3.5.1.1 Minimized environmental damage

3.5.1.2 Rise in the growth of telecommunication, oil & gas industry

3.5.1.3 More economical than conventional drilling techniques

3.5.1.4 More reliable and efficient trenching as compared to other technologies

3.5.2 Market restraint analysis

3.5.2.1 Lack of skilled personnel

3.5.2.2 Damages due to cross bore technique

3.5.2.3 Underpriced HDD services market

3.5.2.4 Increasing usage of other trenchless technologies such as micro tunneling and auger boring

3.6 Market Penetration and Growth Prospect Mapping

3.7 Industry Analysis-Porter's Five Forces

3.8 Global HDD Machines and Services Market-PEST Analysis

3.9 Global HDD Machines and Services Market Share Analysis, 2018

Chapter 4 HDD Machines Technique Type Estimates & Trend Analysis

4.1 Technique Type Movement Analysis And Market Share, 2014 - 2025 (USD Million)

4.2 Technique Type Market Size & Forecast And Trend Analysis, 2018 & 2025

Chapter 5 HDD Machines Parts Type Estimates & Trend Analysis

5.1 Parts Type Movement Analysis And Market Share, 2014 - 2025 (USD Million)

5.2 Parts Type Market Size & Forecast And Trend Analysis, 2018 & 2025

Chapter 6 HDD Rig Type Estimates & Trend Analysis

6.1 Rig Type Movement Analysis And Market Share, 2014 - 2025 (USD Million)

6.2 Rig Type Market Size & Forecast And Trend Analysis, 2018 & 2025

Chapter 7 Rig Sales Estimates & Trend Analysis

7.1 Rig Sales Movement Analysis And Market Share, 2014 - 2025 (USD Million)

7.2 Rig Sales Market Size & Forecast And Trend Analysis, 2018 & 2025

Chapter 8 HDD Services Application Type Estimates & Trend Analysis

8.1 Application Type Movement Analysis And Market Share, 2014 - 2025 (USD Million)

8.2 Application Type Market Size & Forecast And Trend Analysis, 2018 & 2025

Chapter 9 HDD Services End-use Type Estimates & Trend Analysis

9.1 End-use Type Movement Analysis And Market Share, 2014 - 2025 (USD Million)

9.2 End-use Type Market Size & Forecast And Trend Analysis, 2018 & 2025

Chapter 10 HDD Machines & Services Regional Estimates & Trend Analysis

10.1 Regional Type Movement Analysis And Market Share, 2014 - 2025, Revenue (USD Million)

10.2 Global HDD Machines And Services Market Share by Region, 2018 & 2025

10.3 North America

10.4 Europe

10.5 Asia Pacific

10.6 Latin America

10.7 MEA

Chapter 11 Competitive Landscape

11.1 American Augers, Inc.

11.2 Barbco, Inc.

11.3 Creighton Rock Drill Ltd.

11.4 Ditch Witch

11.5 Ellingson Companies

11.6 Ferguson Michiana Inc.

11.7 Herrenknecht AG

11.8 Laney Directional Drilling Co.

11.9 McCloskey International

11.10 McLaughlin Group, Inc.

11.11 Nabors Industries Ltd.

11.12 Vermeer Corporation

11.13 The Toro Company

11.14 UEA

11.15 Direct Horizontal Drilling, Inc.

11.16 Horizontal Technology, Inc.

11.17 Inrock Drilling Systems, Incorporated

11.18 Midwest Underground Technology, Inc.

11.19 Prime Horizontal

11.20 Savant Technology LLC

11.21 Vector Magnetics LLC

11.22 VMT GmbH Gesellschaft Fr Vermessungstechnik

For more information about this report visit https://www.researchandmarkets.com/research/hkst2g/global_horizontal?w=4