Press release
Growth Opportunities in Global Horizontal Directional Drilling Market Forecast to 2025 | Vermeer, Ditch Witch, Toro, XCMG
This report presents the worldwide Horizontal Directional Drilling market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Horizontal directional drilling (HDD), 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.
At present, in the industrial developed countries the HDD industry is generally at a more advanced level. Manufacturers of HDDs are mainly in America, China and Germany, Vermeer in the USA is the leader of HDD in global market, others famous manufacturers are Ditch Witch, Herrenknecht AG, Toro, XCMG and Prime Drilling.
However, the high cost of the systems and effectiveness of the device are the major factors hindering the growth of this market. In the future, the manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, brand establishment and customer training and service enhancement.
The Horizontal Directional Drilling market was valued at 600 Million US$ in 2017 and is projected to reach 530 Million US$ by 2025, at a CAGR of-1.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Horizontal Directional Drilling.
The following manufacturers are covered in this report:
Vermeer
Ditch Witch
Herrenknecht AG
Toro
XCMG
Goodeng Machine
Dilong
Drillto
DW/TXS
Prime Drilling
Huayuan
TRACTO-TECHNIK
Zoomlion
Lianyungang Huanghai
Terra
CHTC JOVE
Horizontal Directional Drilling Breakdown Data by Type
Small HDD
Medium HDD
Large HDD
View TOC (table of content) of the Report: https://www.qyresearchreports.com/report/global-horizontal-directional-drilling-market-insights-forecast-to-2025.htm/toc
Horizontal Directional Drilling Breakdown Data by Application
Oil and Gas
Telecommunication
Water Related
Electric Transmission
Others
Horizontal Directional Drilling Production by Region
United States
Europe
China
Japan
Other Regions
The study objectives are:
To analyze and research the global Horizontal Directional Drilling status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Horizontal Directional Drilling manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Horizontal Directional Drilling :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018-2025
Read Detailed Research Report at: https://www.qyresearchreports.com/report/global-horizontal-directional-drilling-market-insights-forecast-to-2025.htm
This report includes the estimation of market size for value (million USD) and volume (Unit). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Horizontal Directional Drilling market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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