Horizontal Directional Drilling Market Growth Driving Factor Analysis 2022 to 2028

The horizontal directional drilling market is expected to witness market growth at a rate of 14% in the forecast period of 2021 to 2028, and will reach the value of USD 24,246.98 million by 2028.

The Global Horizontal Directional Drilling Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2029. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Horizontal Directional Drilling Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

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Top Key Players in the Global Horizontal Directional Drilling Market: Halliburton., Schlumberger Limited., Seadrill Limited, TRANSOCEAN LTD., Weatherford, China Oilfield Services Limited, DIAMOND OFFSHORE DRILLING, INC., Baker Hughes Company, DOLPHIN DRILLING, MAERSK DRILLING, KCA Deutag, Valaris plc, Nabors Industries Ltd., Paragon Offshore, Scientific Drilling International, Noble Corporation, Superior Energy Services, Inc., Archer., Helmerich Payne., Patterson-UTI Energy, Inc. and Other.

Global Horizontal Directional Drilling Market Segmentation:

Techniques:

  • Conventional
  • Rotary Steerable System

Machine Parts:

  • Rigs
  • Pipes
  • Bits
  • Reamers
  • Others

Rig Types:

  • Mini
  • Midi
  • Maxi

Applications:

  • Onshore
  • Offshore

End-Use:

  • Oil Gas Excavation
  • Utility
  • Telecommunication
  • Others

Sales Channels:

  • New Sales
  • Aftermarket

Regional Coverage:

North America (U.S., Canada)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

Middle East Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Regional Insights:

Due to the increasing amount of oil and gas exploration, utility construction, and infrastructure development projects in the region, North America now holds a monopoly on the horizontal directional drilling market. Because of the expansion of telecommunications services in the region, Asia-Pacific is anticipated to have the quickest growth rate of any market during the projection period of 2021 to 2028.

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Important Sections from the Table of Contents:

  • Global Horizontal Directional Drilling Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Horizontal Directional Drilling Market Forecast

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