
Horizontal Directional Drilling Market by Component (Bite, Pipe, Reamer), Application (Offshore, Onshore), End-Use - Global Forecast 2024-2030
Description
Horizontal Directional Drilling Market by Component (Bite, Pipe, Reamer), Application (Offshore, Onshore), End-Use - Global Forecast 2024-2030
The Horizontal Directional Drilling Market size was estimated at USD 8.51 billion in 2023 and expected to reach USD 9.36 billion in 2024, at a CAGR 11.13% to reach USD 17.82 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Horizontal Directional Drilling Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Horizontal Directional Drilling Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Horizontal Directional Drilling Market, highlighting leading vendors and their innovative profiles. These include Baker Hughes Company, Barbco, Inc., Charles Machine Works, Inc., Creighton Rock Drill Ltd., Direct Horizontal Drilling, Inc., Drillto Trenchless Co. Ltd., Ellingson Companies, Ferguson Michiana Inc., Halliburton Company, Helmerich & Payne Inc., Herrenknecht AG, Horizontal Technology, Inc., Laney Directional Drilling Co., Mccloskey International, McLaughlin Group, Inc., Nabors Industries, Ltd., National Oilwell Varco, Inc., Prime Drilling GmbH, Schlumberger Limited, Scientific Drilling International Inc., Toro Company, Tracto Technique GmbH & Co. KG, Vermeer Corporation, Weatherford International PLC, and XCMG Group.
Market Segmentation & Coverage
This research report categorizes the Horizontal Directional Drilling Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component
Bite
Pipe
Reamer
Rig
Application
Offshore
Onshore
End-Use
Oil & Gas Extraction
Telecommunication
Utility
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Horizontal Directional Drilling Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Horizontal Directional Drilling Market?
3. What are the technology trends and regulatory frameworks in the Horizontal Directional Drilling Market?
4. What is the market share of the leading vendors in the Horizontal Directional Drilling Market?
5. Which modes and strategic moves are suitable for entering the Horizontal Directional Drilling Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
190 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Horizontal Directional Drilling Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing consumption of oil and gas and need for efficient drilling processes
- 5.1.1.2. Growing demand for horizontal drilling services to reduce the environmental impact of drilling operations
- 5.1.1.3. Rising investment in infrastructure development and growth in geothermal energy projects
- 5.1.2. Restraints
- 5.1.2.1. High installation cost and complex operational process
- 5.1.3. Opportunities
- 5.1.3.1. Continuous advancements in automated and sensor-based drilling technology
- 5.1.3.2. Introduction of customized horizontal drilling equipment
- 5.1.4. Challenges
- 5.1.4.1. Safety issues of horizontal drilling equipment
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Horizontal Directional Drilling Market, by Component
- 6.1. Introduction
- 6.2. Bite
- 6.3. Pipe
- 6.4. Reamer
- 6.5. Rig
- 7. Horizontal Directional Drilling Market, by Application
- 7.1. Introduction
- 7.2. Offshore
- 7.3. Onshore
- 8. Horizontal Directional Drilling Market, by End-Use
- 8.1. Introduction
- 8.2. Oil & Gas Extraction
- 8.3. Telecommunication
- 8.4. Utility
- 9. Americas Horizontal Directional Drilling Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Horizontal Directional Drilling Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Horizontal Directional Drilling Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Baker Hughes Company
- 13.1.2. Barbco, Inc.
- 13.1.3. Charles Machine Works, Inc.
- 13.1.4. Creighton Rock Drill Ltd.
- 13.1.5. Direct Horizontal Drilling, Inc.
- 13.1.6. Drillto Trenchless Co. Ltd.
- 13.1.7. Ellingson Companies
- 13.1.8. Ferguson Michiana Inc.
- 13.1.9. Halliburton Company
- 13.1.10. Helmerich & Payne Inc.
- 13.1.11. Herrenknecht AG
- 13.1.12. Horizontal Technology, Inc.
- 13.1.13. Laney Directional Drilling Co.
- 13.1.14. Mccloskey International
- 13.1.15. McLaughlin Group, Inc.
- 13.1.16. Nabors Industries, Ltd.
- 13.1.17. National Oilwell Varco, Inc.
- 13.1.18. Prime Drilling GmbH
- 13.1.19. Schlumberger Limited
- 13.1.20. Scientific Drilling International Inc.
- 13.1.21. Toro Company
- 13.1.22. Tracto Technique GmbH & Co. KG
- 13.1.23. Vermeer Corporation
- 13.1.24. Weatherford International PLC
- 13.1.25. XCMG Group
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. HORIZONTAL DIRECTIONAL DRILLING MARKET RESEARCH PROCESS
- FIGURE 2. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, 2023 VS 2030
- FIGURE 3. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. HORIZONTAL DIRECTIONAL DRILLING MARKET DYNAMICS
- FIGURE 7. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 8. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 10. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
- FIGURE 12. HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. HORIZONTAL DIRECTIONAL DRILLING MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. HORIZONTAL DIRECTIONAL DRILLING MARKET SHARE, BY KEY PLAYER, 2023
Pricing
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