Horizontal Directional Drilling Market by Product Type, Distribution Channel, End User 2023-2028 - PowerPoint PPT Presentation

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Horizontal Directional Drilling Market by Product Type, Distribution Channel, End User 2023-2028

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According to the latest research report by IMARC Group, The global horizontal directional drilling market size reached US$ 9.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Horizontal Directional Drilling Market by Product Type, Distribution Channel, End User 2023-2028


1
Global Horizontal Directional Drilling Market
Research and Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Horizontal Directional Drilling Market
    Global Industry Trends, Share, Size, Growth,
    Opportunity and Forecast 2023-2028," the global
    horizontal directional drilling market size
    reached US 9.0 Billion in 2022.
  • Horizontal directional drilling refers to a
    trenchless drilling process that utilizes
    steerable motor assemblies for digging horizontal
    bores. It involves the use of rigs, bites,
    beamers, and pipes to accurately drill along the
    chosen bore path and install underground cables,
    service conduits, and pipelines.
  • It allows professionals to replace the water
    supply and drainage system of the place without
    causing soil contamination, landscape damage, and
    additional restoration costs. Owing to these
    properties, HDD finds extensive applications
    across telecommunication, oil and gas, and power
    and utility industries.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/horizontal-directional-
    drilling-market/requestsample

4
Report Description
  • Global Horizontal Directional Drilling Market
    Trends
  • The market is primarily driven by the increasing
    onshore, and offshore oil and gas exploration
    activities as HDD is widely utilized in hydraulic
    fracturing to increase the production of oil and
    natural gas from thin oil zones. Besides this,
    the rising environmental concern among the masses
    is also accelerating the product adoption rate as
    HDD causes minimal disturbance to the surrounding
    environment and maintains the condition of the
    drilled area. In addition, professionals are
    widely adopting HDD for surveying, designing, and
    installing underground electrical
    telecommunication systems.
  • This, coupled with the development of automated
    HDD solutions that utilize computer software to
    manage and guide drilling tools, is positively
    influencing the market growth. Moreover, the
    escalating demand for energy, especially in
    developing economies, and the implementation of
    various government initiatives to promote
    sustainable oil and gas exploration are also
    creating a favorable market outlook across the
    globe.
  • Looking forward, IMARC Group expects the market
    value to reach US 12.7 Billion by 2028,
    exhibiting a CAGR of 5.4 during the forecast
    period (2023-2028).
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/horizontal-directional-
    drilling-market

5
Report Segmentation
  • Breakup by Technique
  • Conventional
  • Rotary Steerable System
  •  
  • Breakup by Parts
  • Rigs
  • Pipes
  • Bits
  • Reamers
  • Breakup by Application
  • On-shore
  • Off-shore

6
Report Segmentation
  • Breakup by End User
  • Oil and Gas Excavation
  • Utility
  • Telecommunication
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • Baker Hughes Company
  • Barbco Inc.
  • China Oilfield Services Limited (China National
    Offshore Oil Corporation)
  • Ellingson Companies
  • Halliburton Company
  • Helmerich Payne Inc.
  • Herrenknecht AG
  • Nabors Industries Ltd.
  • NOV Inc.
  • Schlumberger Limited
  • The Toro Company
  • Vermeer Corporation
  • Weatherford International plc.

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Horizontal
    Directional Drilling Market    5.1    Market
    Overview    5.2    Market Performance    5.3  
     Impact of COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Technique
  • 6.1 Conventional
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Rotary Steerable System
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 7 Market Breakup by Parts
  • 7.1 Rigs
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast       

10
Table of Contents
  • 7.2 Pipes
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Bits
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 7.4 Reamers
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
  • 8 Market Breakup by Application
  • 8.1 On-shore
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
  • 8.2 Off-shore
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
  • 9 Market Breakup by End User
  • 9.1 Oil and Gas Excavation
  • 9.1.1 Market Trends

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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