Horizontal Directional Drilling Tools Market

Horizontal Directional Drilling (HDD) Equipment, 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.

Horizontal Directional Drilling (HDD) tools accessories mainly cover drill bits, reamers, drill pipes, etc.

Horizontal Directional Drilling Tools Market aims to provide a comprehensive presentation of the global market for Horizontal Directional Drilling (HDD) Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Horizontal Directional Drilling (HDD) Tools. Horizontal Directional Drilling Tools Market contains market size and forecasts of Horizontal Directional Drilling (HDD) Tools in global, including the following market information:

Global Horizontal Directional Drilling (HDD) Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

The global Horizontal Directional Drilling (HDD) Tools market was valued at US$ 626.6 million in 2022 and is projected to reach US$ 847.2 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Horizontal Directional Drilling (HDD) Tools key players include Vermeer, Ditch Witch, XCMG, etc. Global top three manufacturers hold a share over 40%.

Asia-Pacific is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 45 percent.

In terms of product, Small HDD is the largest segment, with a share about 50%. And in terms of application, the largest application is Telecommunication, followed by Water Related, Oil and Gas, Electric Transmission, etc.

We surveyed the Horizontal Directional Drilling (HDD) Tools companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Horizontal Directional Drilling (HDD) Tools Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Horizontal Directional Drilling (HDD) Tools Market Segment Percentages, by Type, 2022 (%)

Small HDD

Medium HDD

Large HDD

Global Horizontal Directional Drilling (HDD) Tools Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Horizontal Directional Drilling (HDD) Tools Market Segment Percentages, by Application, 2022 (%)

Oil and Gas

Telecommunication

Water Related

Electric Transmission

Others

Global Horizontal Directional Drilling (HDD) Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Horizontal Directional Drilling (HDD) Tools Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Horizontal Directional Drilling (HDD) Tools revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Horizontal Directional Drilling (HDD) Tools revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Vermeer

Ditch Witch

Herrenknecht AG

Toro

XCMG

Goodeng Machine

Dilong

Drillto

DW/TXS

Prime Drilling

Huayuan

TRACTO-TECHNIK

Zoomlion

Lianyungang Huanghai

Terra

CHTC JOVE

Forward Group

Barbco

Outline of Major Chapters:

Chapter 1: Introduces the definition of Horizontal Directional Drilling (HDD) Tools, market overview.

Chapter 2: Global Horizontal Directional Drilling (HDD) Tools market size in revenue.

Chapter 3: Detailed analysis of Horizontal Directional Drilling (HDD) Tools company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Horizontal Directional Drilling (HDD) Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.