Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Horizontal Directional Drilling Market Outlook

The global horizontal directional drilling market size was valued at USD 9.93 billion in 2023. The market is further projected to grow at a CAGR of 6.8% between 2024 and 2032, reaching a value of USD 17.94 billion by 2032.

Key Takeaways

  • Wells drilled horizontally into tight oil and shale gas formations have seen substantial growth in the United States.
  • In 2018, horizontal wells made up about 96% of U.S. tight oil production.
  • The use of horizontal drilling and hydraulic fracturing has increased production of crude oil, lease condensate, and natural gas in United States.

Horizontal directional drilling (HDD) is a trenchless method of installing underground pipes, cables, or conduits in a shallow arc along a prescribed bore path. HDD minimises the environmental impact and surface disruption of traditional open-cut methods. HDD is widely used for crossing waterways, roadways, shore approaches, congested areas, and areas where other methods are not feasible or cost-effective.

The horizontal directional drilling market outlook looks promising due to the increasing demand for underground infrastructure, the rising adoption of fibre optic cables, the growing industrialisation, and the favourable government initiatives and regulations.

Global Horizontal Directional Drilling Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key Trends and Developments

Rising demand for underground infrastructure, increasing investments in renewable energy projects, and advancements in technology have resulted in horizontal directional drilling market development

Date Company Event
January 2024 American Augers Unveils the Maxi-Rig directional drill designed to enhance productivity and uptime on modern job sites.
November 2023 Herrenknecht AG The Herrenknecht Group expanded its range of automated drilling rigs and equipment by acquiring a majority share in Söhne Bohr- und Brunnenbaugesellschaft mbH.
March 2020 American Augers Showcased a new fluid cleaning system at CONEXPO to provide reliable solutions for the pipeline industry.
May 2019 Ellingson Acquired Directed Technologies Drilling (DTD) known for its environmental remediation capabilities using horizontal directional drilling methods.
Trends Impact
Rising demand for underground infrastructure The increasing industrialisation and population growth have created a need for more efficient and reliable underground infrastructure, such as water and sewer systems, power lines, gas pipelines, and fibre-optic cables. HDD offers a cost-effective, safe, and environmentally friendly solution for installing these underground utilities.
Technological advancements and innovation The HDD industry is constantly evolving and improving its equipment, tools, and techniques to meet the challenges of complex projects. Some of the recent innovations include advanced drilling rigs, steering systems, mud motors, drill bits, reamers, and locating devices that enhance the accuracy, efficiency, and productivity of HDD operations.
Increasing investments in renewable energy projects The global shift towards renewable energy sources, such as wind, solar, and hydro, has created new market opportunities. HDD is widely used for installing and connecting the underground cables and pipelines that are essential for the transmission and distribution of renewable energy.

Global Horizontal Directional Drilling Market Trends

Horizontal directional drilling market growth during the projected period can be attributed to the rising number of oil and gas and utility construction and infrastructure development projects in the area. Many oil exploration operations are being witnessed across the region, which will lead to additional demand for horizontal directional drilling activities in these areas.

Furthermore, because of the booming oil and gas sector, the worldwide horizontal directional drilling market value have been increasing. Apart from this, the HDD approach provides higher precision with less power consumption as compared to vertical manoeuvring methods. Additionally, the market dynamics are also influenced by the discoveries in shale operations. Furthermore, the rising demand for energy and fuel in developing countries, with rapid globalisation and urbanisation, is also expected to support the horizontal directional drilling market growth.

Global Horizontal Directional Drilling Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Segmentation

Global Horizontal Directional Drilling Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup Categories
Technique Type Conventional, Rotary Steerable System
Component Rigs, Pipes, Bits, Reamers, Others
Application Onshore, Offshore
End Use Telecommunication, Utility, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Telecommunication segment holds a significant market share due to increasing demand for high-speed internet and broadband services

The telecommunication segment accounted for the largest horizontal directional drilling market share due to the increasing demand for high-speed internet and broadband services, especially in developing countries. Fibre optic cables are the preferred choice for telecommunication applications, as they offer higher bandwidth, lower attenuation, and better security than copper wires. HDD is an ideal technique for installing fibre optic cables, as it minimises the disruption to the surface and reduces the installation time and cost.

According to horizontal directional drilling market analysis, the utility segment is expected to witness the highest CAGR during the forecast period, owing to the rising demand for energy and water across the globe. HDD is a preferred method for installing utility pipelines and cables, as it offers several advantages over conventional trenching methods, such as lower environmental impact, higher safety, and greater flexibility. HDD is especially suitable for crossing rivers, lakes, roads, railways, and other obstacles that pose challenges for open-cut methods.

Onshore applications facilitate the horizontal directional drilling market growth due to increase in exploration activities

The horizontal directional drilling market is divided into two categories based on HDD applications, namely, onshore and offshore. Onshore activities make use of horizontal directional drilling mechanisms for drilling pipes on land surfaces. On the other hand, offshore activities utilise these techniques for manoeuvring pipes at depths below the seabed.

The onshore application segment is expected to account for a considerable horizontal directional drilling market share, as the onshore area is witnessing an increase in new exploration operations. Furthermore, due to an increasing emphasis on creating the least amount of disturbance to the public in the process of infrastructure development, the onshore segment is expected to witness an increased growth in the forecast period.

Offshore HDD, on the other hand, is mainly used for installing subsea pipelines and cables for oil and gas, telecommunications, and renewable energy sectors. The horizontal directional drilling market estimates that the rising demand for high-speed internet connectivity, and the growing adoption of offshore wind farms are the major factors driving the offshore segment’s growth.

Global Horizontal Directional Drilling Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape

Market players are focused on providing advanced drilling solutions along with acquisitions to strengthen their market position

Company Name Year Founded Headquarters Products/Services
American Augers, Inc. 1970 Ohio, United States Horizontal directional drills, auger boring machines, mud pumps, mud systems, and accessories
Ellingson Companies 1970 Minnesota, United States Horizontal directional drilling, pipe bursting, cured-in-place pipe, slip lining, and pipe ramming
Ferguson Michiana Inc. 1975 Indiana, United States Horizontal directional drilling, pipe bursting, pipe ramming, and microtunneling

Other key players in the global horizontal directional drilling market include Herrenknecht AG and Creighton Rock Drill Ltd., among others.

Global Horizontal Directional Drilling Market Analysis by Region

North America is one of the prominent regions due to the high demand for HDD services from the oil and gas, power, and telecommunication sectors

North America has the largest regional horizontal directional drilling market share, and is expected to maintain its dominance throughout the forecast period, owing to the high demand for HDD services from the oil and gas, power, and telecommunication sectors. The shale gas boom in the US and Canada has increased the need for pipeline infrastructure development, which has boosted the horizontal directional drilling market development in the region. Moreover, the ageing water and sewer systems in the US require replacement and rehabilitation, which also creates opportunities for HDD contractors.

According to horizontal directional drilling market report, Asia Pacific region is expected to witness a significant increase in the demand for HDD services as countries, such as India and China are investing heavily in the development of underground infrastructure, such as water and sewer networks, power and telecommunication cables, and gas pipelines, to meet the needs of the growing urban population. Furthermore, the region is also experiencing a surge in the adoption of renewable energy sources, such as wind and solar, which require HDD for the installation of underground cables and conduits. These factors can propel the horizontal directional drilling market size in the region.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technique Type
  • Component
  • Application
  • End Use
  • Region
Breakup by Technique Type
  • Conventional
  • Rotary Steerable System
Breakup by Component
  • Rigs
  • Pipes
  • Bits
  • Reamers
  • Others
Breakup by Application
  • Onshore
  • Offshore
Breakup by End Use
  • Telecommunication
  • Utility
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • American Augers, Inc.
  • Ellingson Companies
  • Herrenknecht AG
  • Ferguson Michiana Inc.
  • Creighton Rock Drill Ltd.
  • Others

Horizontal Directional Drilling Market Report Snapshots

Horizontal Directional Drilling Market Size

Horizontal Directional Drilling Market Trends

Horizontal Directional Drilling Market Share

Horizontal Directional Drilling Market Growth

Horizontal Directional Drilling Companies

Horizontal Directional Drilling Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

In 2023, the horizontal directional drilling market reached an approximate value of USD 9.93 billion.

The market is expected to grow at a CAGR of 6.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 17.94 billion by 2032.

The key drivers guiding the horizontal directional drilling market growth include the rising discoveries in shale operations, rising demand for energy and fuel in developing countries, booming oil and gas sector, heightened shift towards HDD due to higher precision and low power consumption, and growing infrastructure and utility installations.

Key trends aiding market expansion include rising emphasis on the adoption of eco-friendly drilling mechanisms as well as the increasing research and innovations by the key industry players.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant technique types of horizontal directional drilling include conventional and rotary steerable system.

The significant components include rigs, pipes, bits, and reamers, among others.

The significant applications of HDD are onshore and offshore.

Key players in the market are American Augers, Inc., Ellingson Companies, Herrenknecht AG, Ferguson Michiana Inc., Creighton Rock Drill Ltd., and others.

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

Back to top

We’re here to help answer any questions about our products and services.

Contact us

Locations


United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124