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Horizontal Direction Drilling Industry 2019 Trenchless Techniques, Equipment’s, Contractors, Applications & Market Stats 2025

07-09-2019 02:33 PM CET | Energy & Environment

Press release from: Adroit Market Research

Horizontal Direction Drilling Market

Horizontal Direction Drilling Market

The global horizontal directional drilling market size is projected to be valued at USD 27.3 billion by 2025. The methods and gears used in the process of horizontal directional drilling (HDD) are a value addition of the oil & gas drilling industry. The mechanisms used in HDD are related to the oil drilling with the chief difference being that an oil rig uses vertical mast whereas the HDD uses inclined ramp.

Get PDF sample copy of HDD Market Report at: https://www.adroitmarketresearch.com/contacts/request-sample/844

The report offers a broad overview of the global HDD industry. The study comprises comprehensive datasets that include market sizing, segmentation, and regional analysis. The market estimates is provided from 2015-2025 and 2018 is considered as the base year of estimation.

Pilot hole operations for both the HDD and oil well drilling are similar. Downhole tools & drill pipes in HDD and oil well drilling are generally compatible with each other hence can be interchanged. Throughout the operation drilling fluid is used to stabilize the hole, transport drilled spoil, and reduce friction. Because of these resemblances HDD process is generally referred as drilling and not boring.

Global HDD Market Share, by Region, 2025 (%)

Horizontal directional drilling (HDD) is a trenchless method that has a very minimal impact while installing utilities. HDD can be utilized with various pipe materials polyethylene, PVC, ductile iron, polypropylene, and steel. HDD allows installation without the excavation of soil hence it has minimal environmental impact and at the same time it reduces the cost and time of drilling.

Technological advancement in the field of drilling have allowed the energy industry to reach new sources of natural gas and oil to meet increasing demand across the globe. New drilling technologies have lower greenhouse gas emission and have also helped reduce the environmental impact. For instance, HDD is likely to result in nearly 70% lower greenhouse gas emission in comparison to traditional drilling.

Major players across the globe such as Ditch Witch, Baker Huges and SchlumBerger are stating that technology development in the field of drilling will play a serious role in the drilling industry since it enables reach to tough or isolated locations. HDD is also valuable in the development of challenged reservoir along with the detection of new resources that earlier were not profitable to produce.

For instance, HDD first took pace by early 1980s owing to the need of more sophisticated technologies that were already available in the market. Initially oil & gas was the only sector for the HDD application, however during 1990s HDD saw an optimistic market expansion in the field of telecommunication and was largely used in U.S. to install fibre optic cables.

Browse complete Global HDD Market Report at: https://www.adroitmarketresearch.com/industry-reports/horizontal-direction-drilling-hdd-market

Telephone Connections in India in 2016 (Million Units)

This trend of utilizing HDD in areas other than oil & gas has been showing an optimistic growth in developing economies such as India, China, UK, Netherlands, Germany, Russia, Saudi Arabia, etc. Future of the HDD is expected to be in the hands of fibre optic and telecommunication along with other underground utilities such as gas, water, and sewer networks.

Key players in the field of horizontal directional drilling include,

Sandvik AB, Herrenknecht AG, Toro, XCMG Group, Vermeer, American Augers Inc, Jiangsu Goodeng Engineering Machinery Assembling CO., LTD, Prime Drilling GmbH, Ditch Witch, SchlumBerger, Halliburton, and Baker Huges. At present, U.S. leads the global HDD market owing to the presence of market giants such as Vermeer Corporation and Ditch Witch. However, these companies are facing fierce competition from Chinese manufacturers.

Application Overview, 2015-2025 (USD Billion)

Onshore
Offshore
Rig Size Overview, 2015-2025 (USD Billion)

Small
Medium
Heavy
End-Use Overview, 2015-2025 (USD Billion)

Telecommunication
Oil & gas
Utilities
Others
Regional Overview, 2015-2025 (USD Billion)

North America
U.S.
Canada
Europe
UK
Germany
Rest of the Europe
Asia-Pacific
China
Japan
Rest of Asia Pacific
Central & South America
Middle East & Africa

Enquire for buying Global HDD Market Report at: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/844

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas,

TX75204, U.S.A.

Phone No.: USA: +1 (214) 884-6068 / +91 9665341414

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