Horizontal Directional Drilling Market Scope and Analysis by 2031
Horizontal Directional Drilling Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 2,802.69 Million |
Market Size by 2030 | US$ 6,420.45 Million |
Global CAGR (2022 - 2030) | 10.9% |
Historical Data | 2020-2021 |
Forecast period | 2022-2030 |
Segments Covered |
By End-use
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Horizontal Directional Drilling Market News and Recent Developments
The Horizontal Directional Drilling Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- In January 2024, American Augers introduced the DD600 maxi-rig directional drill, replacing its predecessor, the DD440T. (Source: American Augers, Inc., Press Release/Company Website/Newsletter)
- In November 2023, Herrenknecht AG acquired the majority of H. Anger's Sohne Bohr- and Brunnenbaugesellschaft mbH. The acquisition will reinforce the widespread line of automated drilling rigs and equipment offered by the Herrenknecht Group. (Source: Herrenknecht AG, Press Release/Company Website/Newsletter)
Horizontal Directional Drilling Market Report Coverage and Deliverables
The “Horizontal Directional Drilling Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering the following areas:
- Horizontal Directional Drilling Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Horizontal Directional Drilling Market Trends
- Detailed PEST and SWOT analysis
- Horizontal Directional Drilling Market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
- Horizontal Directional Drilling Industry, landscape and competition analysis, covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles