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Horizontal Directional Drilling (HDD) Market Will Grow Due To Rise In Population

 The Global Horizontal Directional Drilling (HDD) Market is likely to grow at a significant CAGR during the forecast period. The tools used in the horizontal directional drilling (HDD) process have resulted out of oil well drilling industry. The apparatuses for horizontal drilling rig used in pipeline construction are identical to oil well drilling rig, the only difference being that a horizontal drilling rig is combined with an inclined ramp.

The pipeline installation under HDD model is completed in three stages. The first stage comprises directionally drilling a small diameter pilot hole along a defined path, followed by second entailing pilot hole to a diameter relevant for installation of pipeline and the third stage involving towing the pipeline back into the hole.
The drivers for horizontal directional drilling market comprise rise in population and the need for efficient power and distribution of natural gas. HDD technology brings out the drill technique that enables more control and precision that lowers environmental impact resulting into less traffic. However, lack of skilled personnel and contractors anticipated in creating challenges for the market growth during the forecast period.

Horizontal directional drilling (HDD) market is segmented by end-use that comprises telecommunication and utilities. Utilities is quad furcated as power, water and gas distribution.

Geographical segmentation for horizontal directional drilling market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America accounts for a significant market share due to rise in consumer spending and rise in number of service outlets in the United States. Increasing capital investment, non-residential construction expenditure is anticipated to encourage the sales in this region.

European regions are likely to grow at a significant pace due to the rising investment in construction and telecommunication industry. The key players in the horizontal directional drilling (HDD) industry include Vermeer, Ditch Witch, Midwest Underground and Universal HDD.

Request a Free Sample Copy of Horizontal Directional Drilling (HDD) Market Report @ https://www.millioninsights.com/industry-reports/horizontal-directional-drilling-market-size/request-sample

Market Segment:

HDD End-Use Outlook (Revenue, USD Billion, 2012 - 2022)
• Utilities
• Telecommunication
• Others

HDD Regional Outlook (Revenue, USD Billion, 2012 - 2022)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources

Chapter 2. Executive Summary
2.1. Horizontal Directional Drilling- Industry snapshot and key buying criteria, 2012 - 2022

Chapter 3. 1.1. Horizontal Directional Drilling Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Horizontal Directional Drilling value chain analysis
3.4. Vendor Landscape
3.5. Horizontal Directional Drilling market dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.6. Key opportunities prioritized
3.7. Industry analysis - Porter's
3.8. HDD PESTEL analysis
3.9. Company market share analysis, 2014

Chapter 4. HDD End-Use Outlook
4.1. HDD market volume share by end-use, 2014 & 2022
4.2. Utilities
4.3. Telecommunication
4.4. Others

The report “Horizontal Directional Drilling (HDD) Market” is available now at https://www.millioninsights.com/industry-reports/horizontal-directional-drilling-market-size

Chapter 5. HDD Regional Outlook
5.1. Horizontal directional drilling market share by region, 2014 & 2022
5.2. North America
5.2.1. HDD market by end-use (USD Million), 2012 - 2022
5.3. Europe
5.3.1. HDD market by end-use (USD Million), 2012 - 2022
5.4. Asia Pacific
5.4.1. HDD market by end-use (USD Million), 2012 - 2022
5.5. Latin America
5.5.1. HDD market by end-use (USD Million), 2012 - 2022
5.6. MEA
5.6.1. HDD market by end-use (USD Million), 2012 - 2022

Chapter 6. Competitive Landscape
6.1. Ditch Witch
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2. Ferguson Michiana, Inc.
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3. General Electric
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4. Michels Corporation
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5. Midwest Underground Inc.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6. Nabors Industries Ltd.
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7. Southeast Directional Drilling
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives

 

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