The 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, and 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 users is significantly contributing to the global horizontal drilling process market growth. 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 are expected to fuel the growth of the global horizontal directional drillings market in the next five years. The horizontal drilling process can be done on extremely rough surfaces and can hit multiple targets at 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.

The global horizontal directional drilling market is segmented into the 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 drillings market growth.

The major players operating in the global horizontal directional drillings 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.

The objective of the Study:

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

Report Scope:

In this report, global horizontal directional drillinsg 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

• 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.

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Table of Content

    1. Product Overview

2. Research Methodology
3. Impact of COVID-19 on Global Horizontal Directional Drillings 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 Drillings 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 Drillings 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 Drillings 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 Drillings 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 Drillings 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

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