Global Horizontal Directional Drilling (HDD) Tools Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Horizontal Directional Drilling (HDD) Tools Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Horizontal Directional Drilling (HDD) Tools market size was valued at US$ 658 million in 2023 and is forecast to a readjusted size of USD 892 million by 2030 with a CAGR of 4.5% during review period.

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.

This report is a detailed and comprehensive analysis for global Horizontal Directional Drilling (HDD) Tools market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Horizontal Directional Drilling (HDD) Tools market size and forecasts, in consumption value ($ Million), 2019-2030

Global Horizontal Directional Drilling (HDD) Tools market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Horizontal Directional Drilling (HDD) Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Horizontal Directional Drilling (HDD) Tools market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Horizontal Directional Drilling (HDD) Tools

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Horizontal Directional Drilling (HDD) Tools market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Vermeer, Ditch Witch, Herrenknecht AG, Toro, XCMG, Goodeng Machine, Dilong, Drillto, DW/TXS, Prime Drilling, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Horizontal Directional Drilling (HDD) Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Horizontal Directional Drilling (HDD) Tools market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Small HDD
Medium HDD
Large HDD

Market segment by Application
Oil and Gas
Telecommunication
Water Related
Electric Transmission
Others

Market segment by players, this report covers
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

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Horizontal Directional Drilling (HDD) Tools product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Horizontal Directional Drilling (HDD) Tools, with revenue, gross margin, and global market share of Horizontal Directional Drilling (HDD) Tools from 2019 to 2024.

Chapter 3, the Horizontal Directional Drilling (HDD) Tools competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Horizontal Directional Drilling (HDD) Tools market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Horizontal Directional Drilling (HDD) Tools.

Chapter 13, to describe Horizontal Directional Drilling (HDD) Tools research findings and conclusion.