Horizontal Directional Drilling Market Size, Share & Trends Analysis Report, By Application (Onshore, Offshore), By End-use (Oil & Gas Extraction, Utility, Telecommunication, Others), By Region, And Segment Forecasts, 2023 - 2030

Horizontal Directional Drilling Market Size, Share & Trends Analysis Report, By Application (Onshore, Offshore), By End-use (Oil & Gas Extraction, Utility, Telecommunication, Others), By Region, And Segment Forecasts, 2023 - 2030


Horizontal Directional Drilling Market Growth & Trends


The global horizontal directional drilling market size is estimated to reach USD 18.70 billion by 2030, expanding at an estimated CAGR of 13.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising emphasis on minimizing the environmental impact of drilling and boring activities, rapid urbanization, and the inconvenience caused to the public due to the increased open-cut utility installations are some of the key factors driving the horizontal directional drilling (HDD) market growth.

Rising environmental concerns have contemplated regulatory bodies worldwide to create regulations that require organizations to minimize ecosystem exploitation. For instance, the U.S. Environmental Protection Agency (EPA) and Occupational Safety and Health Administration (OSHA) require that unconventional oil and gas exploration companies abide by the specified safety standards to minimize environmental damages, avoid occupational hazards, and ensure the management of wastewater and other wastes. Furthermore, increasing government investments in underground installations in utility and telecommunication sectors have increased the deployment of horizontal directional boring services. Subsequently, the complex data requirements, combined with the need for collaborative work operations at offshore and onshore sites, necessitate the high reliance of operators on robust telecommunications services. The rising need to offer better broadband connectivity and the demand for cloud-based services is compelling telecom

operators to up their investments in modernized infrastructure, thereby contributing to the market growth.

The COVID-19 pandemic severely impacted the horizontal directional drilling machines industry due to workforce shortages and practical difficulties in implementing social distancing at equipment production sites. The consumption of diesel and petroleum products also reduced significantly in 2020 due to stringent movement restrictions, reducing the demand for upstream oil & gas activities. However, government bailouts are expected to help revive the oil and gas industry, which is one of the leading contributors to the global economy. This is expected to create a sluggish recovery trajectory of the pandemic-fed depression on the market over the years to come.

Horizontal Directional Drilling Market Report Highlights

  • In terms of application, the off-shore dominated the segment in 2022 with a market share of more than 44%. Owing to the massive oil and gas resources, exploration and production activities are expected to create opportunities for the off-shore application over the forecast period
  • In terms of end use, the oil and gas extraction segment dominated in 2022 with a revenue share of above 35% of the overall horizontal directional drilling services market. The prevalence of clean energy in an attempt to reduce the Green House Gas (GHG) emissions from fossil fuel consumption is likely to help in retaining the dominance of this segment over the forecast timeframe
  • North America dominated the global market in 2022 owing to increasing number of infrastructure and utility projects
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Chapter 1 Methodology and Scope
1.1 Purchased database
1.2 GVR’S internal database
1.3 Secondary sources & third party perspective
1.4 Primary research
1.5 Data analysis models
Chapter 2 Executive Summary
2.1 Market Outlook - Horizontal Directional Drilling Market
2.2 Segmental Outlook - Horizontal Directional Drilling Market
2.3 Market Outlook - Horizontal Directional Drilling Market
2.4 Segmental Outlook - Horizontal Directional Drilling Market
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Definitions
3.3 Global HDD Market Size and Growth Prospects
3.4 Industry Value Chain Analysis
3.5 Market Dynamics
3.5.1 Market driver analysis
3.5.2 Market restraint/challenges analysis
3.6 Penetration & Growth Prospect Mapping
3.6.1 PORTER’S five forces analysis
3.6.2 PEST analysis
Chapter 4 HDD Machine Application Estimates and Trend Analysis
4.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (USD Million)
4.2 HDD Application Movement Analysis & Market Share, 2021 & 2030
4.3 On-shore
4.3.1 Global market size estimates and forecasts, by on-shore, 2018 - 2030 (USD Million)
4.4 Off-shore
4.4.1 Global market size estimates and forecasts, by off-shore, 2018 - 2030 (USD Million)
Chapter 5 HDD End-Use Estimates and Trend Analysis
5.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (USD Million)
5.2 HDD End-Use Movement Analysis & Market Share, 2021 & 2030
5.3 Oil & gas extraction
5.3.1 Global market size estimates and forecasts, by Oil & gas extraction, 2018 - 2030 (USD Million)
5.4 Utility
5.4.1 Global market size estimates and forecasts, by Utility, 2018 - 2030 (USD Million)
5.5 Telecommunication
5.5.1 Global market size estimates and forecasts, by Telecommunication, 2018 - 2030 (USD Million)
5.6 Others
5.6.1 Global market size estimates and forecasts, by others, 2018 - 2030 (USD Million)
Chapter 6 HDD Market: Regional Estimates & Trend Analysis
6.1 Regional Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (USD Million)
6.2 Regional movement analysis & market share, 2021 & 2030
6.3 North America
6.3.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.3.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.3.3 U.S.
6.3.3.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.3.3.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.3.4 Canada
6.3.4.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.3.4.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.4 Europe
6.4.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.4.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.4.3 U.K.
6.4.3.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.4.3.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.4.4 Germany
6.4.4.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.4.4.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.5 Asia Pacific
6.5.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.5.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.5.3 China
6.5.3.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.5.3.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.5.4 India
6.5.4.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.5.4.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.5.5 Japan
6.5.5.1 Market size estimates and forecasts, by application 2018 - 2030 (USD Million)
6.5.5.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.6 Latin America
6.6.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.6.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.6.3 Brazil
6.6.3.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.6.3.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.6.4 Mexico
6.6.4.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.6.4.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.7 Middle East & Africa (Mea)
6.7.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.7.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.7.3 KSA
6.7.3.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.7.3.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.7.4 UAE
6.7.4.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.7.4.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
6.7.5 Kuwait
6.7.5.1 Market size estimates and forecasts, by application, 2018 - 2030 (USD Million)
6.7.5.2 Market size estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
Chapter 7 Competitive Analysis
7.1 Recent Developments And Impact Analysis, By Key Market Participants
7.2 Company Categorization
7.3 Vendor Landscape
7.3.1 Key company analysis
7.3.2. Company market positioning analysis
Chapter 8 Company Profiles
8.1 American Augers, Inc.
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 Barbco, Inc.
8.2.1 Company Overview.
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 Creighton Rock Drill Ltd.
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 Direct Horizontal Drilling, Inc.
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Strategic Initiatives
8.5 The Charles Machines Works, Inc. (Ditch Witch)
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6 Ellingson Companies
8.6.1 Company Overview
8.6.2 Product Benchmarking
8.6.3 Strategic Initiatives
8.7 Ferguson Michiana Inc.
8.7.1 Company Overview
8.7.2 Product Benchmarking
8.7.3 Financial Performance
8.7.4 Strategic Initiatives
8.8 Herrenknecht Ag
8.8.1 Company Overview
8.8.2 Product Benchmarking
8.8.3 Financial Performance
8.8.4 Strategic Initiatives
8.9 Laney Directional Drilling Co.
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 Mccloskey International
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
8.11 Mclaughlin Group, Inc.
8.11.1 Company Overview
8.11.2 Financial Performance
8.11.3 Product Benchmarking
8.11.4 Strategic Initiatives
8.12 Nabors Industries Ltd.
8.12.1 Company Overview
8.12.2 Financial Performance
8.12.3 Product Benchmarking
8.12.4 Strategic Initiatives
8.13 Nawtek GmbH
8.13.1 Company Overview
8.13.2 Financial Performance
8.13.3 Product Benchmarking
8.13.4 Strategic Initiatives
8.14 Prime Drilling GmbH
8.14.1 Company Overview
8.14.2 Financial Performance
8.14.3 Product Benchmarking
8.14.4 Strategic Initiatives
8.15 Vermeer Corporation
8.15.1 Company Overview
8.15.2 Financial Performance
8.15.3 Product Benchmarking
8.15.4 Strategic Initiatives
8.16 The Toro Company
8.16.1 Company Overview
8.16.2 Financial Performance
8.16.3 Product Benchmarking
8.16.4 Strategic Initiatives
8.17 UEA
8.17.1 Company Overview
8.17.2 Financial Performance
8.17.3 Product Benchmarking
8.17.4 Strategic Initiatives
8.18 Horizontal Technology, Inc.
8.12.1 Company Overview
8.12.2 Financial Performance
8.12.3 Product Benchmarking
8.12.4 Strategic Initiatives
8.19 Inrock Drilling Systems, Incorporated
8.19.1 Company Overview
8.19.2 Financial Performance
8.19.3 Product Benchmarking
8.19.4 Strategic Initiatives
8.20 Midwest Underground Technology, Inc.
8.20.1 Company Overview
8.20.2 Financial Performance
8.20.3 Product Benchmarking
8.20.4 Strategic Initiatives
8.21 Prime Horizontal
8.21.1 Company Overview
8.21.2 Financial Performance
8.21.3 Product Benchmarking
8.21.4 Strategic Initiatives
8.22 Vector Magnetics LLC
8.22.1 Company Overview
8.22.2 Financial Performance
8.22.3 Product Benchmarking
8.22.4 Strategic Initiatives
8.23 Savant Technology LLC
8.23.1 Company Overview
8.23.2 Financial Performance
8.23.3 Product Benchmarking
8.23.4 Strategic Initiatives
8.24 Vmt Gmbh Gesellschaft Für Vermessungstechnik
8.24.1 Company Overview
8.24.2 Financial Performance
8.24.3 Product Benchmarking
8.24.4 Strategic Initiatives
8.25 Vision Directional Drilling
8.25.1 Company Overview
8.25.2 Financial Performance
8.25.3 Product Benchmarking
8.25.4 Strategic Initiatives

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