Report overview
Horizontal Directional Drilling (HDD) Equipment, commonly called directional boring, is a steerable trenchless method of installing underground pipes, conduits and cables in a shallow arc along a prescribed bore path by using a surface-launched drilling rig, with minimal impact on the surrounding area. Directional boring is used when trenching or excavating is not practical. It is suitable for a variety of soil conditions and jobs including road, landscape and river crossings.
Horizontal Directional Drilling (HDD) tools accessories mainly cover drill bits, reamers, drill pipes, etc.
This report aims to provide a comprehensive presentation of the global market for Horizontal Directional Drilling (HDD) Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Horizontal Directional Drilling (HDD) Tools. This report contains market size and forecasts of Horizontal Directional Drilling (HDD) Tools in global, including the following market information:
Global Horizontal Directional Drilling (HDD) Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Horizontal Directional Drilling (HDD) Tools market was valued at US$ 626.6 million in 2022 and is projected to reach US$ 847.2 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Horizontal Directional Drilling (HDD) Tools key players include Vermeer, Ditch Witch, XCMG, etc. Global top three manufacturers hold a share over 40%.
Asia-Pacific is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 45 percent.
In terms of product, Small HDD is the largest segment, with a share about 50%. And in terms of application, the largest application is Telecommunication, followed by Water Related, Oil and Gas, Electric Transmission, etc.
We surveyed the Horizontal Directional Drilling (HDD) Tools companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Horizontal Directional Drilling (HDD) Tools Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Horizontal Directional Drilling (HDD) Tools Market Segment Percentages, by Type, 2022 (%)
Small HDD
Medium HDD
Large HDD
Global Horizontal Directional Drilling (HDD) Tools Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Horizontal Directional Drilling (HDD) Tools Market Segment Percentages, by Application, 2022 (%)
Oil and Gas
Telecommunication
Water Related
Electric Transmission
Others
Global Horizontal Directional Drilling (HDD) Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Horizontal Directional Drilling (HDD) Tools Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Horizontal Directional Drilling (HDD) Tools revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Horizontal Directional Drilling (HDD) Tools revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Vermeer
Ditch Witch
Herrenknecht AG
Toro
XCMG
Goodeng Machine
Dilong
Drillto
DW/TXS
Prime Drilling
Huayuan
TRACTO-TECHNIK
Zoomlion
Lianyungang Huanghai
Terra
CHTC JOVE
Forward Group
Barbco
Outline of Major Chapters:
Chapter 1: Introduces the definition of Horizontal Directional Drilling (HDD) Tools, market overview.
Chapter 2: Global Horizontal Directional Drilling (HDD) Tools market size in revenue.
Chapter 3: Detailed analysis of Horizontal Directional Drilling (HDD) Tools company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Horizontal Directional Drilling (HDD) Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
