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North America Horizontal Directional Drilling Market By Component (Machines and Services), By Machine Type (Rotary Steerable System and Conventional), By Machines Parts (Rigs, Pipes, Bits, Reamers and Others), By Rig Type (Midi, Mini, and Maxi), By Rigs S

Publisher Knowledge Based Value (KBV) Research
Published Jan 31, 2022
Length 104 Pages
SKU # KBV16996378

Description

North America Horizontal Directional Drilling Market By Component (Machines and Services), By Machine Type (Rotary Steerable System and Conventional), By Machines Parts (Rigs, Pipes, Bits, Reamers and Others), By Rig Type (Midi, Mini, and Maxi), By Rigs Sales Type (New sales and Aftermarket), By Application (Onshore and Offshore), By End-use (Oil & Gas Extraction, Utility, Telecommunication and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

The North America Horizontal Directional Drilling Market would witness market growth of 4.3% CAGR during the forecast period (2021-2027).

The horizontal directional drilling technique has evolved as the most prevalent trenchless drilling technologies in recent years. The horizontal boring technology necessitates the drilling and maintenance of fewer boreholes. Trenchless boring equipment is substantially more expensive than conventional open-cut techniques, hence the industry's growth prospects are dependent on large expenditures.

Customers prefer to hire the whole setup from contractors since the setups are expensive. Furthermore, many mid-sized businesses use service providers for full-service projects. As a consequence, both manufacturers of Machines and service providers have a strong market position.

The United States possesses one of the world's largest technically viable shale gas deposits and the world's second-largest tight oil reserves. The region's oil and gas directional drilling activity has been boosted by technological advancements in hydraulic fracturing and lower breakeven pricing. As a result, there has been a significant development in drilling operations and an increase in the number of horizontal wells in the area.

The US market dominated the North America Horizontal Directional Drilling Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,820.3 million by 2027. The Canada market is expected to witness a CAGR of 6.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 5.7% during (2021 - 2027).

Based on Component, the market is segmented into Machines and Services. Based on Machine Type, the market is segmented into Rotary Steerable System and Conventional. Based on Machines Parts, the market is segmented into Rigs, Pipes, Bits, Reamers and Others. Based on Rig Type, the market is segmented into Midi, Mini, and Maxi. Based on Rig Type, the market is segmented into Midi, Mini, and Maxi. Based on Rigs Sales Type, the market is segmented into New sales and Aftermarket. Based on Application, the market is segmented into Onshore and Offshore. Based on End-use, the market is segmented into Oil & Gas Extraction, Utility, Telecommunication and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nabors Industries Ltd., NOV, Inc., Herrenknecht AG, Vermeer Corporation, Xuzhou Construction Machinery Group Co., Ltd., The Toro Company, Halliburton Company, Schlumberger N.V., Weatherford International PLC, and Baker Hughes Company.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Machines and
  • Services
By Machine Type
  • Rotary Steerable System and
  • Conventional
By Machine Parts
  • Rigs
  • Pipes
  • Bits
  • Reamers and
  • Others
By Rig Type
  • Midi
  • Mini, and
  • Maxi
By Rigs Sales Type
  • New sales and
  • Aftermarket
By Application
  • Onshore and
  • Offshore
By End Use
  • Oil & Gas Extraction
  • Utility
  • Telecommunication and
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Nabors Industries Ltd.
  • NOV, Inc.
  • Herrenknecht AG
  • Vermeer Corporation
  • Xuzhou Construction Machinery Group Co., Ltd.
  • The Toro Company
  • Halliburton Company
  • Schlumberger N.V.
  • Weatherford International PLC
  • Baker Hughes Company
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

104 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Horizontal Directional Drilling Market, by Component
1.4.2 North America Horizontal Directional Drilling Market, by Machine Type
1.4.3 North America Horizontal Directional Drilling Market, by Machine Parts
1.4.4 North America Horizontal Directional Drilling Market, by Rig Type
1.4.5 North America Horizontal Directional Drilling Market, by Rigs Sales Type
1.4.6 North America Horizontal Directional Drilling Market, by Application
1.4.7 North America Horizontal Directional Drilling Market, by End Use
1.4.8 North America Horizontal Directional Drilling Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.2.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Jan) Leading Players
Chapter 4. North America Horizontal Directional Drilling Market by Component
4.1 North America Machines Market by Country
4.1.1 North America Machine Market by Type
4.1.1.1 North America Rotary Steerable System Market by Country
4.1.1.2 North America Conventional Market by Country
4.1.2 North America Machine Market by Machine Parts
4.1.2.1 North America Rigs Market by Country
4.1.2.1.1 North America Rig Market by Type
4.1.2.1.1.1 North America Midi Market by Country
4.1.2.1.1.2 North America Mini Market by Country
4.1.2.1.1.3 North America Maxi Market by Country
4.1.2.1.2 North America Rigs Market by Sales Type
4.1.2.1.2.1 North America New sales Market by Country
4.1.2.1.2.2 North America Aftermarket Market by Country
4.1.2.2 North America Pipes Market by Country
4.1.2.3 North America Bits Market by Country
4.1.2.4 North America Reamers Market by Country
4.1.2.5 North America Other Machines Parts Market by Country
4.2 North America Services Market by Country
4.2.1 North America Services Market by Application
4.2.1.1 North America Onshore Market by Country
4.2.1.2 North America Offshore Market by Country
4.2.2 North America Services Market by End-use
4.2.2.1 North America Oil & Gas Extraction Market by Country
4.2.2.2 North America Utility Market by Country
4.2.2.3 North America Telecommunication Market by Country
4.2.2.4 North America Others Market by Country
Chapter 5. North America Horizontal Directional Drilling Market by Country
5.1 US Horizontal Directional Drilling Market
5.1.1 US Horizontal Directional Drilling Market by Component
5.1.1.1 US Machine Market by Type
5.1.1.2 US Machine Market by Machine Parts
5.1.1.2.1 US Rig Market by Type
5.1.1.2.2 US Rigs Market by Sales Type
5.1.1.3 US Services Market by Application
5.1.1.4 US Services Market by End-use
5.2 Canada Horizontal Directional Drilling Market
5.2.1 Canada Horizontal Directional Drilling Market by Component
5.2.1.1 Canada Machine Market by Type
5.2.1.2 Canada Machine Market by Machine Parts
5.2.1.2.1 Canada Rig Market by Type
5.2.1.2.2 Canada Rigs Market by Sales Type
5.2.1.3 Canada Services Market by Application
5.2.1.4 Canada Services Market by End-use
5.3 Mexico Horizontal Directional Drilling Market
5.3.1 Mexico Horizontal Directional Drilling Market by Component
5.3.1.1 Mexico Machine Market by Type
5.3.1.2 Mexico Machine Market by Machine Parts
5.3.1.2.1 Mexico Rig Market by Type
5.3.1.2.2 Mexico Rigs Market by Sales Type
5.3.1.3 Mexico Services Market by Application
5.3.1.4 Mexico Services Market by End-use
5.4 Rest of North America Horizontal Directional Drilling Market
5.4.1 Rest of North America Horizontal Directional Drilling Market by Component
5.4.1.1 Rest of North America Machine Market by Type
5.4.1.2 Rest of North America Machine Market by Machine Parts
5.4.1.2.1 Rest of North America Rig Market by Type
5.4.1.2.2 Rest of North America Rigs Market by Sales Type
5.4.1.3 Rest of North America Services Market by Application
5.4.1.4 Rest of North America Services Market by End-use
Chapter 6. Company Profiles
6.1 Nabors Industries Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Engineering Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Acquisition and Mergers:
6.2 NOV, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Herrenknecht AG
6.3.1 Company Overview
6.4 Vermeer Corporation
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.4.2.2 Acquisition and Mergers:
6.5 Xuzhou Construction Machinery Group Co., Ltd.
6.5.1 Company Overview
6.6 The Toro Company
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 Recent strategies and developments:
6.6.5.1 Acquisitions and Mergers:
6.7 Halliburton Company
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.7.5 Recent strategies and developments:
6.7.5.1 Product Launches and Product Expansions:
6.8 Schlumberger N.V.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.5.2 Product Launches and Product Expansions:
6.8.5.3 Acquisition and Mergers:
6.9 Weatherford International PLC
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Product Launches and Product Expansions:
6.10. Baker Hughes Company
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 Recent strategies and developments:
6.10.5.1 Partnerships, Collaborations and Agreements:

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