The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. APS Technology Inc., Baker Hughes Co., Barbco Inc., China Oilfield Services Ltd., Cathedral Energy Services Ltd., Compass Directional Services Ltd., Koltek LLC, Millennium Directional Service Ltd., MS Directional, Nabors Industries Ltd., National Energy Services Reunited Corp., NOV Inc., Precision HDD LLC, Schlumberger Ltd., Scientific Drilling International, and Weatherford International Plc are some of the major market participants.
The rising unconventional drilling activities, growing consumption of oil and gas, and drilling activities in remote areas will offer immense growth opportunities. However, risks associated with drilling activities, the volatile nature of crude oil prices, and the growing adoption of renewable energy will challenge the growth of the market participants. Request a free sample report.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Horizontal Directional Drilling Market Segmentation
- Application
- Geography
- North America
- APAC
- Europe
- The Middle East And Africa
- South America
Horizontal Directional Drilling Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our horizontal directional drilling market report covers the following areas:
- Horizontal Directional Drilling Market size
- Horizontal Directional Drilling Market trends
- Horizontal Directional Drilling Market industry analysis
This study identifies the automation in horizontal directional drilling techniques as one of the prime reasons driving the horizontal directional drilling market growth during the next few years. Buy Sample Report.
Horizontal Directional Drilling Market Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Horizontal Directional Drilling Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Horizontal Directional Drilling Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
- APS Technology Inc.
- Baker Hughes Co.
- Barbco Inc.
- China Oilfield Services Ltd. Â
- Cathedral Energy Services Ltd.
- Compass Directional Services Ltd.
- Halliburton Co.
- Helmerich and Payne Inc.
- Huisman Equipment BV
- Koltek LLC
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.
Related Reports:
Downhole Tools Market by Application and Geography - Forecast and Analysis 2022-2026: According to Technavio analysts, the downhole tools market share is estimated to increase by USD 11.38 billion by 2026, and the market's growth momentum will accelerate at a CAGR of 5.5%.
Enhanced Oil Recovery Market by Technology and Geography - Forecast and Analysis 2022-2026: Based on Technavio's market sizing methodology, the enhanced oil recovery market size is predicted to surge to USD 24.33 billion from 2021 to 2026 at a CAGR of 8.67%.
Horizontal Directional Drilling Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.96% |
Market growth 2022-2026 |
$ 3.28 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.64 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
North America at 53% |
Key consumer countries |
US, Canada, China, India, and Russia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
APS Technology Inc., Baker Hughes Co., Barbco Inc., China Oilfield Services Ltd., Cathedral Energy Services Ltd., Compass Directional Services Ltd., Halliburton Co., Helmerich and Payne Inc., Huisman Equipment BV, Koltek LLC, Millennium Directional Service Ltd., MS Directional, Nabors Industries Ltd., National Energy Services Reunited Corp., NOV Inc., PHX Energy Services Corp., Precision HDD LLC, Schlumberger Ltd., Scientific Drilling International, and Weatherford International Plc |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio "Energy" Research Reports
Table Of Contents :
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Onshore - Market size and forecast 2021-2026
- Exhibit 28: Chart on Onshore - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Onshore - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Onshore - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Onshore - Year-over-year growth 2021-2026 (%)
- 5.4 Offshore - Market size and forecast 2021-2026
- Exhibit 32: Chart on Offshore - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Offshore - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Offshore - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Offshore - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Application
- Exhibit 36: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Russia - Market size and forecast 2021-2026
- Exhibit 70: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Baker Hughes Co.
- Exhibit 89: Baker Hughes Co. - Overview
- Exhibit 90: Baker Hughes Co. - Business segments
- Exhibit 91: Baker Hughes Co. - Key news
- Exhibit 92: Baker Hughes Co. - Key offerings
- Exhibit 93: Baker Hughes Co. - Segment focus
- 10.4 Barbco Inc.
- Exhibit 94: Barbco Inc. - Overview
- Exhibit 95: Barbco Inc. - Product / Service
- Exhibit 96: Barbco Inc. - Key offerings
- 10.5 Halliburton Co.
- Exhibit 97: Halliburton Co. - Overview
- Exhibit 98: Halliburton Co. - Business segments
- Exhibit 99: Halliburton Co. - Key news
- Exhibit 100: Halliburton Co. - Key offerings
- Exhibit 101: Halliburton Co. - Segment focus
- 10.6 Helmerich and Payne Inc.
- Exhibit 102: Helmerich and Payne Inc. - Overview
- Exhibit 103: Helmerich and Payne Inc. - Business segments
- Exhibit 104: Helmerich and Payne Inc. - Key offerings
- Exhibit 105: Helmerich and Payne Inc. - Segment focus
- 10.7 Huisman Equipment BV
- Exhibit 106: Huisman Equipment BV - Overview
- Exhibit 107: Huisman Equipment BV - Product / Service
- Exhibit 108: Huisman Equipment BV - Key offerings
- 10.8 Koltek LLC
- Exhibit 109: Koltek LLC - Overview
- Exhibit 110: Koltek LLC - Product / Service
- Exhibit 111: Koltek LLC - Key offerings
- 10.9 Nabors Industries Ltd.
- Exhibit 112: Nabors Industries Ltd. - Overview
- Exhibit 113: Nabors Industries Ltd. - Business segments
- Exhibit 114: Nabors Industries Ltd. - Key news
- Exhibit 115: Nabors Industries Ltd. - Key offerings
- Exhibit 116: Nabors Industries Ltd. - Segment focus
- 10.10 Schlumberger Ltd.
- Exhibit 117: Schlumberger Ltd. - Overview
- Exhibit 118: Schlumberger Ltd. - Business segments
- Exhibit 119: Schlumberger Ltd. - Key offerings
- Exhibit 120: Schlumberger Ltd. - Segment focus
- 10.11 Scientific Drilling International
- Exhibit 121: Scientific Drilling International - Overview
- Exhibit 122: Scientific Drilling International - Product / Service
- Exhibit 123: Scientific Drilling International - Key offerings
- 10.12 Weatherford International Plc
- Exhibit 124: Weatherford International Plc - Overview
- Exhibit 125: Weatherford International Plc - Business segments
- Exhibit 126: Weatherford International Plc - Key offerings
- Exhibit 127: Weatherford International Plc - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 128: Inclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources
- 11.5 List of abbreviations
- Exhibit 133: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article