Global Horizontal Directional Drilling Market By Component (Machines and Services), By Machine Type (Rotary Steerable System and Conventional), By Machines Parts (Rigs, Pipes, Bits, Reamers and Others), By Rig Type (Midi, Mini, and Maxi), By Rigs Sales Ty

Global Horizontal Directional Drilling Market By Component (Machines and Services), By Machine Type (Rotary Steerable System and Conventional), By Machines Parts (Rigs, Pipes, Bits, Reamers and Others), By Rig Type (Midi, Mini, and Maxi), By Rigs Sales Type (New sales and Aftermarket), By Application (Onshore and Offshore), By End-use (Oil & Gas Extraction, Utility, Telecommunication and Others), By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027

The Global Horizontal Directional Drilling Market size is expected to reach $11.6 billion by 2027, rising at a market growth of 5.8% CAGR during the forecast period.

Horizontal drilling is significantly easier and less harmful to the environment than traditional vertical alignment. It may be used to construct cables, canals, short-distance pipelines, and long-distance works even at great depths. The development of advance mobile communication technologies, like 4G and 5G, has raised the demand for system transfer specialists. Consequently, horizontal directional drilling sets are being used more often to lay new transmission lines.

Furthermore, the increased need for effective distribution of natural gas and electricity from upper and intermediate pipelinesis likely to fuel the growth of the horizontal drilling machine services market. Significant volumes of oil and gas may be retrieved from ponds to depths of 10,000 feet using HDD rigs and other equipment while having a minimal impact on the environment. Furthermore, because HDD settings take up less space, they are suitable for projects that are positioned in densely populated locations and must be completed in a brief span of time.

The primary reasons driving the growth of the horizontal directional drilling market are increased urbanisation and a faster pace of industrialisation. Urbanization would raise consumer demand, which would lead to an expansion in the manufacturing industry, driving up energy consumption. According to the Central Intelligence Agency, by year 2040, the urban population will be nearly double that of the rural population. Furthermore, horizontal directional drilling gives greater precision than vertical moving methods. This aspect is expected to boost the market over the projected period as well.

COVID-19 Impact Analysis

The COVID-19 pandemic caused a brief halt to horizontal directional drilling activity at multiple locations across a variety of sectors due to rigorous government lockdown measures designed to halt the disease's spread. The oilfield industry experienced significant operational challenges as businesses temporarily ceased upstream and downstream operations, resulting in a sharp drop in oil and gas output.

Furthermore, oil prices fell as a result of a considerable reduction in the frequency of transportation worldwide, after a price war between the United States, Saudi Arabia, and Russia. As a result, incumbents in horizontal directional operations and the machine sector experienced a drop in demand. Continuous initiatives taken by global governments to minimize the consequences of the pandemic on oil and gas exploration businesses, on the other hand, are projected to allow for a rebound in the horizontal directional drilling industry in the near future.

Market Growth Factors:

Growing energy demand

With the United Nations estimating a rise in global population from 6.7 billion in the year 2011 to 8.7 billion by the year 2035, demand for energy would rise significantly over the time. Population expansion, as well as rising living standards in many emerging nations, will drive up energy consumption significantly. Over 70% of the growing energy demand comes from developing countries, primarily China and India. According to United Nations Organization (UNO) forecasts, urbanization will continue to rise, from 52 percent in 2011 to 62 percent in 2035, and reach 70 percent globally by 2050.

Expansion of the telecommunication industry

The telecommunications sector's extensive deployment of fiber optic cables in offshore and onshore locations to deliver 4G and 5G networking services is increasing the development possibilities of these systems. Drilling for the surveying, design, and construction of underground cables for telecommunication electrical systems is a novel technology that has been created for the underground installation of pipes.

Market Restraining Factors:

Stringent regulatory policies

The government's laws governing the development of oil and gas fields are quite stringent. On May 22, 2013, for example, the European Union (EU) Parliament enacted a new regulation on the safety of oil and gas activities. Before beginning any drilling activities in EU seas, oil and gas firms must file a detailed study on potential dangers, according to the legislation. They must also give internal emergency response plans that outline all available equipment and resources, as well as what measures would be taken in the event of an accident.

Machine Type Outlook

Based on the Machine Type, the Horizontal Directional Drilling Market is bifurcated into Conventional and Rotary Steerable Systems. In 2020, the Conventional segment garnered the significant revenue share in the HDD Market. Traditional horizontal directional drilling, on the other hand, is still favoured by SMEs because to its lower operational costs as compared to RSS. The traditional machine type consists of immobile and skid-mounted rigs which require additional measures to maintain their place.

Machine Parts Outlook

By Machines Parts, the Horizontal Directional Drilling Market is segmented into Rigs (Type – Mini, Midi, & Maxi and Sales - New sales & Aftermarket), Pipes, Bits, Reamers, and Others. Over the projection period, the pipes category accounted for significant revenue share of the market. Players in the industry are progressively funding in the development of drilling pipes capable of withstanding high subterranean pressure. Because of their great impermeability, High-Density Polyethylene (HDPE) pipes are preferred over steel or concrete pipelines.

Rig Type Outlook

Based on rig type, the market is segmented into midi, mini, and maxi. Maxi rigs procured the promising revenue share of the overall market in 2020. Maxi rigs are used for directional drilling with a length of 6,000 feet and a torque of approximately 20,000 pounds. When installing big diameter pipes over longer distances, the torque needed rises. Furthermore, greater pullback force is required for horizontal boring activities in challenging ground conditions such as sand, tar, and shale rock.

Rigs Sales Type Outlook

Based on the rig sales type, the market is fragmented into New Sales and Aftermarket. The aftermarket segment garnered the substantial revenue share of the market in 2020. Horizontal drilling rigs that have previously been employed have emerged as the most popular investments for end-users having limited finances. Newly minted operators with a certain set of criteria prefer purchasing rigs of prior models with almost identical functionalities as compared to the current improved version, which are frequently available at a lesser price.

Application Outlook

On the basis of Application, the Horizontal Directional Drilling Market is divided into Onshore and Offshore. In 2020, the onshore segment procured the largest revenue share of the market. Due to reduced infrastructure and maintenance costs, onshore projects are far less costly as offshore horizontal directional drilling projects. Crude oil price fluctuations have a significant impact on onshore horizontal directional boring projects.

End Use Outlook

By End-use, the Horizontal Directional Drilling Market is segregated into Oil & Gas Extraction, Utility, Telecommunication and Others. The Oil & Gas Extraction segmented is leading the market by generating the largest revenue share in 2020. According to Baker Hughes, the average oil and gas rig count, worldwide was 1,325 until June 2021. The well-established infrastructure creates a strong demand for boring rigs. Furthermore, the requirement to address the escalating costs of oil exploration and production operations on unexplored areas is predicted to contribute to the segment's dominance.

Regional Outlook

Based on the Region, the Horizontal Directional Drilling Market is analysed across North America, Europe, APAC, and LAMEA. In 2020, APAC acquired the promising revenue share of the overall horizontal directional drilling market. China's national energy infrastructure is concentrating on the development of renewable energy sources in order to achieve safe, adequate, and clean energy growth. This has resulted in a growth of large-scale infrastructure projects in the country, which has fuelled the adoption of modern drilling equipment.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nabors Industries Ltd., NOV, Inc., Herrenknecht AG, Vermeer Corporation, Xuzhou Construction Machinery Group Co., Ltd., The Toro Company, Halliburton Company, Schlumberger N.V., Weatherford International PLC, and Baker Hughes Company.

Recent strategies deployed in Horizontal Directional Drilling Market

Partnerships, Collaboration and Agreements:

May-2021: Schlumberger collaborated with NOV, an American multinational corporation. The collaboration focuses on accelerating automated drilling solutions adopted by drilling contractors and oil and gas operators. Moreover, this collaboration allowed the customers to integrate Schlumberger downhole and surface drilling automation solutions with NOV's rig automation platform for providing superior well construction performance.

Product Launches and Product Expansions:

Jan-2022: Vermeer expanded its drills lineup for infrastructure development by launching the D130S and D60S horizontal directional drills. These drills are designed for the emerging markets exclusively. D130S has been equipped with 15,000 ft-lb (20,337 Nm) of rotational torque and 130,000 lb (578,200 kN) of thrust whereas D60S has been equipped with pullback and 9,000 ft-lb (12,202.4 Nm) of rotational torque and 60,000 lb (266.9 kN) of thrust.

Sep-2021: Vermeer released the R500 Reclaimer to expand its Horizontal Directional Drilling Fluid Management Equipment lineup. R500 Reclaimer is all-electric and can fulfill the increasing demands for electric-powered Jobsite solutions.

Aug-2021: Schlumberger released Autonomous Directional Drilling that comprises solutions to steer autonomously by any section of the wellbore. The company focuses on advancing its digital offering by utilizing a dynamic and intelligent downhole automated control system.

Mar-2020: Vermeer unveiled the D220x500 S3, a new product in its Navigator series of horizontal directional drills. This product offers up to 54,000 foot-pounds of torque at a spindle speed of 36 revolutions per minute, fluid flow rates of up to 350 gallons per minute (1324.9 L/min), and 240,400 pounds (1069.4 kN) of thrust/pullback if the onboard pump is selected.

Acquisition and Mergers:

Dec-2020: Vermeer completed the acquisition of Normag's electric-powered horizontal directional drilling and fluid systems technology. With this acquisition, the former company presumed the rights of developing, manufacturing, and distributing the fully electric HDD rigs, fluid management systems, and generator sets, that are presently operating across Europe.

Scope of the Study

Market Segments covered in the Report:

By Component

  • Machines and
  • Services
By Machine Type
  • Rotary Steerable System and
  • Conventional
By Machine Parts
  • Rigs
  • Pipes
  • Bits
  • Reamers and
  • Others
By Rig Type
  • Midi
  • Mini, and
  • Maxi
By Rigs Sales Type
  • New sales and
  • Aftermarket
By Application
  • Onshore and
  • Offshore
By End Use
  • Oil & Gas Extraction
  • Utility
  • Telecommunication and
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • Nabors Industries Ltd.
  • NOV, Inc.
  • Herrenknecht AG
  • Vermeer Corporation
  • Xuzhou Construction Machinery Group Co., Ltd.
  • The Toro Company
  • Halliburton Company
  • Schlumberger N.V.
  • Weatherford International PLC
  • Baker Hughes Company
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Horizontal Directional Drilling Market, by Component
1.4.2 Global Horizontal Directional Drilling Market, by Machine Type
1.4.3 Global Horizontal Directional Drilling Market, by Machine Parts
1.4.4 Global Horizontal Directional Drilling Market, by Rig Type
1.4.5 Global Horizontal Directional Drilling Market, by Rigs Sales Type
1.4.6 Global Horizontal Directional Drilling Market, by Application
1.4.7 Global Horizontal Directional Drilling Market, by End Use
1.4.8 Global Horizontal Directional Drilling Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.2.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Jan) Leading Players
Chapter 4. Global Horizontal Directional Drilling Market by Component
4.1 Global Machines Market by Region
4.1.1 Global Machine Market by Type
4.1.1.1 Global Rotary Steerable System Market by Region
4.1.1.2 Global Conventional Market by Region
4.1.2 Global Machine Market by Machine Parts
4.1.2.1 Global Rigs Market by Region
4.1.2.1.1 Global Rig Market by Type
4.1.2.1.1.1 Global Midi Market by Region
4.1.2.1.1.2 Global Mini Market by Region
4.1.2.1.1.3 Global Maxi Market by Region
4.1.2.1.2 Global Rigs Market by Sales Type
4.1.2.1.2.1 Global New sales Market by Region
4.1.2.1.2.2 Global Aftermarket Market by Region
4.1.2.2 Global Pipes Market by Region
4.1.2.3 Global Bits Market by Region
4.1.2.4 Global Reamers Market by Region
4.1.2.5 Global Other Machines Parts Market by Region
4.2 Global Services Market by Region
4.2.1 Global Services Market by Application
4.2.1.1 Global Onshore Market by Region
4.2.1.2 Global Offshore Market by Region
4.2.2 Global Services Market by End-use
4.2.2.1 Global Oil & Gas Extraction Market by Region
4.2.2.2 Global Utility Market by Region
4.2.2.3 Global Telecommunication Market by Region
4.2.2.4 Global Others Market by Region
Chapter 5. Global Horizontal Directional Drilling Market by Region
5.1 North America Horizontal Directional Drilling Market
5.1.1 North America Horizontal Directional Drilling Market by Component
5.1.1.1 North America Machines Market by Country
5.1.1.1.1 North America Machine Market by Type
5.1.1.1.1.1 North America Rotary Steerable System Market by Country
5.1.1.1.1.2 North America Conventional Market by Country
5.1.1.1.2 North America Machine Market by Machine Parts
5.1.1.1.2.1 North America Rigs Market by Country
5.1.1.1.2.2 North America Pipes Market by Country
5.1.1.1.2.3 North America Bits Market by Country
5.1.1.1.2.4 North America Reamers Market by Country
5.1.1.1.2.5 North America Other Machines Parts Market by Country
5.1.1.2 North America Services Market by Country
5.1.1.2.1 North America Services Market by Application
5.1.1.2.1.1 North America Onshore Market by Country
5.1.1.2.1.2 North America Offshore Market by Country
5.1.1.2.2 North America Services Market by End-use
5.1.1.2.2.1 North America Oil & Gas Extraction Market by Country
5.1.1.2.2.2 North America Utility Market by Country
5.1.1.2.2.3 North America Telecommunication Market by Country
5.1.1.2.2.4 North America Others Market by Country
5.1.2 North America Horizontal Directional Drilling Market by Country
5.1.2.1 US Horizontal Directional Drilling Market
5.1.2.1.1 US Horizontal Directional Drilling Market by Component
5.1.2.1.1.1 US Machine Market by Type
5.1.2.1.1.2 US Machine Market by Machine Parts
5.1.2.1.1.3 US Services Market by Application
5.1.2.1.1.4 US Services Market by End-use
5.1.2.2 Canada Horizontal Directional Drilling Market
5.1.2.2.1 Canada Horizontal Directional Drilling Market by Component
5.1.2.2.1.1 Canada Machine Market by Type
5.1.2.2.1.2 Canada Machine Market by Machine Parts
5.1.2.2.1.3 Canada Services Market by Application
5.1.2.2.1.4 Canada Services Market by End-use
5.1.2.3 Mexico Horizontal Directional Drilling Market
5.1.2.3.1 Mexico Horizontal Directional Drilling Market by Component
5.1.2.3.1.1 Mexico Machine Market by Type
5.1.2.3.1.2 Mexico Machine Market by Machine Parts
5.1.2.3.1.3 Mexico Services Market by Application
5.1.2.3.1.4 Mexico Services Market by End-use
5.1.2.4 Rest of North America Horizontal Directional Drilling Market
5.1.2.4.1 Rest of North America Horizontal Directional Drilling Market by Component
5.1.2.4.1.1 Rest of North America Machine Market by Type
5.1.2.4.1.2 Rest of North America Machine Market by Machine Parts
5.1.2.4.1.3 Rest of North America Services Market by Application
5.1.2.4.1.4 Rest of North America Services Market by End-use
5.2 Europe Horizontal Directional Drilling Market
5.2.1 Europe Horizontal Directional Drilling Market by Component
5.2.1.1 Europe Machines Market by Country
5.2.1.1.1 Europe Machine Market by Type
5.2.1.1.1.1 Europe Rotary Steerable System Market by Country
5.2.1.1.1.2 Europe Conventional Market by Country
5.2.1.1.2 Europe Machine Market by Machine Parts
5.2.1.1.2.1 Europe Rigs Market by Country
5.2.1.1.2.2 Europe Pipes Market by Country
5.2.1.1.2.3 Europe Bits Market by Country
5.2.1.1.2.4 Europe Reamers Market by Country
5.2.1.1.2.5 Europe Other Machines Parts Market by Country
5.2.1.2 Europe Services Market by Country
5.2.1.2.1 Europe Services Market by Application
5.2.1.2.1.1 Europe Onshore Market by Country
5.2.1.2.1.2 Europe Offshore Market by Country
5.2.1.2.2 Europe Services Market by End-use
5.2.1.2.2.1 Europe Oil & Gas Extraction Market by Country
5.2.1.2.2.2 Europe Utility Market by Country
5.2.1.2.2.3 Europe Telecommunication Market by Country
5.2.1.2.2.4 Europe Others Market by Country
5.2.2 Europe Horizontal Directional Drilling Market by Country
5.2.2.1 Germany Horizontal Directional Drilling Market
5.2.2.1.1 Germany Horizontal Directional Drilling Market by Component
5.2.2.1.1.1 Germany Machine Market by Type
5.2.2.1.1.2 Germany Machine Market by Machine Parts
5.2.2.1.1.3 Germany Services Market by Application
5.2.2.1.1.4 Germany Services Market by End-use
5.2.2.2 UK Horizontal Directional Drilling Market
5.2.2.2.1 UK Horizontal Directional Drilling Market by Component
5.2.2.2.1.1 UK Machine Market by Type
5.2.2.2.1.2 UK Machine Market by Machine Parts
5.2.2.2.1.3 UK Services Market by Application
5.2.2.2.1.4 UK Services Market by End-use
5.2.2.3 France Horizontal Directional Drilling Market
5.2.2.3.1 France Horizontal Directional Drilling Market by Component
5.2.2.3.1.1 France Machine Market by Type
5.2.2.3.1.2 France Machine Market by Machine Parts
5.2.2.3.1.3 France Services Market by Application
5.2.2.3.1.4 France Services Market by End-use
5.2.2.4 Russia Horizontal Directional Drilling Market
5.2.2.4.1 Russia Horizontal Directional Drilling Market by Component
5.2.2.4.1.1 Russia Machine Market by Type
5.2.2.4.1.2 Russia Machine Market by Machine Parts
5.2.2.4.1.3 Russia Services Market by Application
5.2.2.4.1.4 Russia Services Market by End-use
5.2.2.5 Spain Horizontal Directional Drilling Market
5.2.2.5.1 Spain Horizontal Directional Drilling Market by Component
5.2.2.5.1.1 Spain Machine Market by Type
5.2.2.5.1.2 Spain Machine Market by Machine Parts
5.2.2.5.1.3 Spain Services Market by Application
5.2.2.5.1.4 Spain Services Market by End-use
5.2.2.6 Italy Horizontal Directional Drilling Market
5.2.2.6.1 Italy Horizontal Directional Drilling Market by Component
5.2.2.6.1.1 Italy Machine Market by Type
5.2.2.6.1.2 Italy Machine Market by Machine Parts
5.2.2.6.1.3 Italy Services Market by Application
5.2.2.6.1.4 Italy Services Market by End-use
5.2.2.7 Rest of Europe Horizontal Directional Drilling Market
5.2.2.7.1 Rest of Europe Horizontal Directional Drilling Market by Component
5.2.2.7.1.1 Rest of Europe Machine Market by Type
5.2.2.7.1.2 Rest of Europe Machine Market by Machine Parts
5.2.2.7.1.3 Rest of Europe Services Market by Application
5.2.2.7.1.4 Rest of Europe Services Market by End-use
5.3 Asia Pacific Horizontal Directional Drilling Market
5.3.1 Asia Pacific Horizontal Directional Drilling Market by Component
5.3.1.1 Asia Pacific Machines Market by Country
5.3.1.1.1 Asia Pacific Machine Market by Type
5.3.1.1.1.1 Asia Pacific Rotary Steerable System Market by Country
5.3.1.1.1.2 Asia Pacific Conventional Market by Country
5.3.1.1.2 Asia Pacific Machine Market by Machine Parts
5.3.1.1.2.1 Asia Pacific Rigs Market by Country
5.3.1.1.2.2 Asia Pacific Pipes Market by Country
5.3.1.1.2.3 Asia Pacific Bits Market by Country
5.3.1.1.2.4 Asia Pacific Reamers Market by Country
5.3.1.1.2.5 Asia Pacific Other Machines Parts Market by Country
5.3.1.2 Asia Pacific Services Market by Country
5.3.1.2.1 Asia Pacific Services Market by Application
5.3.1.2.1.1 Asia Pacific Onshore Market by Country
5.3.1.2.1.2 Asia Pacific Offshore Market by Country
5.3.1.2.2 Asia Pacific Services Market by End-use
5.3.1.2.2.1 Asia Pacific Oil & Gas Extraction Market by Country
5.3.1.2.2.2 Asia Pacific Utility Market by Country
5.3.1.2.2.3 Asia Pacific Telecommunication Market by Country
5.3.1.2.2.4 Asia Pacific Others Market by Country
5.3.2 Asia Pacific Horizontal Directional Drilling Market by Country
5.3.2.1 China Horizontal Directional Drilling Market
5.3.2.1.1 China Horizontal Directional Drilling Market by Component
5.3.2.1.1.1 China Machine Market by Type
5.3.2.1.1.2 China Machine Market by Machine Parts
5.3.2.1.1.3 China Services Market by Application
5.3.2.1.1.4 China Services Market by End-use
5.3.2.2 Japan Horizontal Directional Drilling Market
5.3.2.2.1 Japan Horizontal Directional Drilling Market by Component
5.3.2.2.1.1 Japan Machine Market by Type
5.3.2.2.1.2 Japan Machine Market by Machine Parts
5.3.2.2.1.3 Japan Services Market by Application
5.3.2.2.1.4 Japan Services Market by End-use
5.3.2.3 India Horizontal Directional Drilling Market
5.3.2.3.1 India Horizontal Directional Drilling Market by Component
5.3.2.3.1.1 India Machine Market by Type
5.3.2.3.1.2 India Machine Market by Machine Parts
5.3.2.3.1.3 India Services Market by Application
5.3.2.3.1.4 India Services Market by End-use
5.3.2.4 South Korea Horizontal Directional Drilling Market
5.3.2.4.1 South Korea Horizontal Directional Drilling Market by Component
5.3.2.4.1.1 South Korea Machine Market by Type
5.3.2.4.1.2 South Korea Machine Market by Machine Parts
5.3.2.4.1.3 South Korea Services Market by Application
5.3.2.4.1.4 South Korea Services Market by End-use
5.3.2.5 Singapore Horizontal Directional Drilling Market
5.3.2.5.1 Singapore Horizontal Directional Drilling Market by Component
5.3.2.5.1.1 Singapore Machine Market by Type
5.3.2.5.1.2 Singapore Machine Market by Machine Parts
5.3.2.5.1.3 Singapore Services Market by Application
5.3.2.5.1.4 Singapore Services Market by End-use
5.3.2.6 Malaysia Horizontal Directional Drilling Market
5.3.2.6.1 Malaysia Horizontal Directional Drilling Market by Component
5.3.2.6.1.1 Malaysia Machine Market by Type
5.3.2.6.1.2 Malaysia Machine Market by Machine Parts
5.3.2.6.1.3 Malaysia Services Market by Application
5.3.2.6.1.4 Malaysia Services Market by End-use
5.3.2.7 Rest of Asia Pacific Horizontal Directional Drilling Market
5.3.2.7.1 Rest of Asia Pacific Horizontal Directional Drilling Market by Component
5.3.2.7.1.1 Rest of Asia Pacific Machine Market by Type
5.3.2.7.1.2 Rest of Asia Pacific Machine Market by Machine Parts
5.3.2.7.1.3 Rest of Asia Pacific Services Market by Application
5.3.2.7.1.4 Rest of Asia Pacific Services Market by End-use
5.4 LAMEA Horizontal Directional Drilling Market
5.4.1 LAMEA Horizontal Directional Drilling Market by Component
5.4.1.1 LAMEA Machines Market by Country
5.4.1.1.1 LAMEA Machine Market by Type
5.4.1.1.1.1 LAMEA Rotary Steerable System Market by Country
5.4.1.1.1.2 LAMEA Conventional Market by Country
5.4.1.1.2 LAMEA Machine Market by Machine Parts
5.4.1.1.2.1 LAMEA Rigs Market by Country
5.4.1.1.2.2 LAMEA Pipes Market by Country
5.4.1.1.2.3 LAMEA Bits Market by Country
5.4.1.1.2.4 LAMEA Reamers Market by Country
5.4.1.1.2.5 LAMEA Other Machines Parts Market by Country
5.4.1.2 LAMEA Services Market by Country
5.4.1.2.1 LAMEA Services Market by Application
5.4.1.2.1.1 LAMEA Onshore Market by Country
5.4.1.2.1.2 LAMEA Offshore Market by Country
5.4.1.2.2 LAMEA Services Market by End-use
5.4.1.2.2.1 LAMEA Oil & Gas Extraction Market by Country
5.4.1.2.2.2 LAMEA Utility Market by Country
5.4.1.2.2.3 LAMEA Telecommunication Market by Country
5.4.1.2.2.4 LAMEA Others Market by Country
5.4.2 LAMEA Horizontal Directional Drilling Market by Country
5.4.2.1 Brazil Horizontal Directional Drilling Market
5.4.2.1.1 Brazil Horizontal Directional Drilling Market by Component
5.4.2.1.1.1 Brazil Machine Market by Type
5.4.2.1.1.2 Brazil Machine Market by Machine Parts
5.4.2.1.1.3 Brazil Services Market by Application
5.4.2.1.1.4 Brazil Services Market by End-use
5.4.2.2 Argentina Horizontal Directional Drilling Market
5.4.2.2.1 Argentina Horizontal Directional Drilling Market by Component
5.4.2.2.1.1 Argentina Machine Market by Type
5.4.2.2.1.2 Argentina Machine Market by Machine Parts
5.4.2.2.1.3 Argentina Services Market by Application
5.4.2.2.1.4 Argentina Services Market by End-use
5.4.2.3 UAE Horizontal Directional Drilling Market
5.4.2.3.1 UAE Horizontal Directional Drilling Market by Component
5.4.2.3.1.1 UAE Machine Market by Type
5.4.2.3.1.2 UAE Machine Market by Machine Parts
5.4.2.3.1.3 UAE Services Market by Application
5.4.2.3.1.4 UAE Services Market by End-use
5.4.2.4 Saudi Arabia Horizontal Directional Drilling Market
5.4.2.4.1 Saudi Arabia Horizontal Directional Drilling Market by Component
5.4.2.4.1.1 Saudi Arabia Machine Market by Type
5.4.2.4.1.2 Saudi Arabia Machine Market by Machine Parts
5.4.2.4.1.3 Saudi Arabia Services Market by Application
5.4.2.4.1.4 Saudi Arabia Services Market by End-use
5.4.2.5 South Africa Horizontal Directional Drilling Market
5.4.2.5.1 South Africa Horizontal Directional Drilling Market by Component
5.4.2.5.1.1 South Africa Machine Market by Type
5.4.2.5.1.2 South Africa Machine Market by Machine Parts
5.4.2.5.1.3 South Africa Services Market by Application
5.4.2.5.1.4 South Africa Services Market by End-use
5.4.2.6 Nigeria Horizontal Directional Drilling Market
5.4.2.6.1 Nigeria Horizontal Directional Drilling Market by Component
5.4.2.6.1.1 Nigeria Machine Market by Type
5.4.2.6.1.2 Nigeria Machine Market by Machine Parts
5.4.2.6.1.3 Nigeria Services Market by Application
5.4.2.6.1.4 Nigeria Services Market by End-use
5.4.2.7 Rest of LAMEA Horizontal Directional Drilling Market
5.4.2.7.1 Rest of LAMEA Horizontal Directional Drilling Market by Component
5.4.2.7.1.1 Rest of LAMEA Machine Market by Type
5.4.2.7.1.2 Rest of LAMEA Machine Market by Machine Parts
5.4.2.7.1.3 Rest of LAMEA Services Market by Application
5.4.2.7.1.4 Rest of LAMEA Services Market by End-use
Chapter 6. Company Profiles
6.1 Nabors Industries Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Engineering Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Acquisition and Mergers:
6.2 NOV, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Herrenknecht AG
6.3.1 Company Overview
6.4 Vermeer Corporation
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.4.2.2 Acquisition and Mergers:
6.5 Xuzhou Construction Machinery Group Co., Ltd.
6.5.1 Company Overview
6.6 The Toro Company
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 Recent strategies and developments:
6.6.5.1 Acquisitions and Mergers:
6.7 Halliburton Company
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.7.5 Recent strategies and developments:
6.7.5.1 Product Launches and Product Expansions:
6.8 Schlumberger N.V.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.5.2 Product Launches and Product Expansions:
6.8.5.3 Acquisition and Mergers:
6.9 Weatherford International PLC
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Product Launches and Product Expansions:
6.10. Baker Hughes Company
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 Recent strategies and developments:
6.10.5.1 Partnerships, Collaborations and Agreements:

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