Press release
Horizontal Directional Drilling Market expected to grow at 7.39 percent during the forecast period, Investment Feasibility and Competitive Landscape
Pune, 8, Feb, 2023: As per the report published by Maximize Market research, a global business research and consultancy firm, the total global market for "Horizontal Directional Drilling Market" was USD 8.65 Bn in 2021 and is expected to grow at a CAGR of 7.39 percent over the forecast period to reach USD 14.25 Bn by 2029.Horizontal Directional Drilling Market Scope and Research Methodology
The report on Horizontal Directional Drilling Market covers detailed information of market business segments, product portfolio, key strategies development and performance. It includes detail of new developments, trade regulations, import export analysis, production analysis and value chain optimization which assists new market entrants to develop their strategies accordingly. The report contains interpretation of data from expert sources and analysis of the Horizontal Directional Drilling Market based on various growth indicators such as revenue, gross profit, marketing strategies and . The report covers strategies used by key vendors and provides analysis of strategies which expected to help investor in making investment. Major companies are mentioned by region, market value, portfolio and mergers and acquisitions for detailed analysis of the Horizontal Directional Drilling Market. Primary and secondary research methods were used to collect data and analysed by tools such as SWOT, PESTLE and PORTER's five force model.
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Horizontal Directional Drilling Market Dynamics
A notable increase in onshore and offshore oil and gas exploration operations, the utilization of environment friendly drilling technology is more convenient since traditional drilling method causes major harm to the environment are expected to drive the Horizontal Directional Drilling Market. Expanding need for energy and fuel in developing, rapid globalization and urbanization are the factors which driving the market. The factors such as high cost, complicated process to install and requirement of skilled labour are expected to hamper the Horizontal Directional Drilling Market growth over the forecast period.
Horizontal Directional Drilling Market Regional Insights
The North America region held the largest share of market in 2021 and is expected to grow at significant pace throughout the forecast period. The region is endowed with natural resources that include oil reservoirs and have led to a number of oil and gas utility construction projects.
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Horizontal Directional Drilling Market Segmentation
By Technique:
Conventional
Rotary steerable system
By Parts:
Rigs
Pipes
Bits
Reamers
By Application:
Onshore
Offshore
By End-User:
Oil & Gas Excavation
Utility
Telecommunication
Horizontal Directional Drilling Market Key Players Include:
American Augers, Inc.
Ditch Witch
Ellingson Companies
Vermeer Corporation
The Toro Company
Baker Hughes Incorporate
Halliburton Company
Schlumberger Limited
Weatherford International
National Oilwell Varco, Inc.
Nabors Industries, Ltd.
Barbco, Inc.
Creighton Rock Drill Ltd.
Direct Horizontal Drilling, Inc.
Ferguson Michiana Inc.
Herrenknecht Ag
Laney Directional Drilling Co.
Mccloskey International
Mclaughlin Group, Inc.
Nabors Industries Ltd.
Nawtek GmbH
Prime Drilling GmbH
Horizontal Technology, Inc.
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Table of Content for Horizontal Directional Drilling Market:
Global Horizontal Directional Drilling Market: Research Methodology
Global Horizontal Directional Drilling Market: Executive Summary
Market Overview and Definitions
Introduction to Global Horizontal Directional Drilling Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Horizontal Directional Drilling Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Horizontal Directional Drilling Market Segmentation
Global Horizontal Directional Drilling Market, by Technique (2021-2029)
Global Horizontal Directional Drilling Market, by Parts (2021-2029)
Global Horizontal Directional Drilling Market, by Application (2021-2029)
Global Horizontal Directional Drilling Market, by End-User (2021-2029)
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Regional Horizontal Directional Drilling Market(2021-2029)
Regional Horizontal Directional Drilling Market, by Technique (2021-2029)
Regional Horizontal Directional Drilling Market, by Parts (2021-2029)
Regional Horizontal Directional Drilling Market, by Application (2021-2029)
Regional Horizontal Directional Drilling Market, by End-User (2021-2029)
Regional Horizontal Directional Drilling Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Technique, Parts, Application, End-user and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading Engineering equipment market research firm, has also published the following reports:
Stacker Crane Market: Global Industry Analysis and Forecast (2021-2029) - know more: http s://www.maximizemarketresearch.com/market-report/stacker-crane-market/161538/
Directional Drilling Services Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/directional-drilling-services-market/69000/
Drilling Waste Management Market: Industry Forecast (2021-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-drilling-waste-management-market/50403/
Drilling Tools Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-drilling-tools-market/26106/
Industrial Automation Oil & Gas Market: Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/industrial-automation-oil-gas-market/152501/
Honing Oil Market - Industry Analysis and Forecast (2022-2027) - know more: https://www.maximizemarketresearch.com/market-report/honing-oil-market/146686/
Electric Power Tools Market: Electric Power Tools Have Revolutionized the Construction, Automotive, and Other Industries - know more: https://www.maximizemarketresearch.com/market-report/electric-power-tools-market/166391/
Global Power Tools Market- Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-power-tools-market/7226/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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