Horizontal Directional Drilling (HDD) Tools Market (Updated Version Available)

Horizontal Directional Drilling (HDD) Equipment, commonly called directional boring, is a steerable trenchless method of installing underground pipes, conduits and cables in a shallow arc along a prescribed bore path by using a surface-launched drilling rig, with minimal impact on the surrounding area. Directional boring is used when trenching or excavating is not practical. It is suitable for a variety of soil conditions and jobs including road, landscape and river crossings.
In the coming years there is an increasing demand for Horizontal Directional Drilling (HDD) Tools in the regions of North America and Europe that is expected to drive the market for more advanced Horizontal Directional Drilling (HDD) Tools. Growth in government budgets in the principal countries, increasing of telecommunication fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Horizontal Directional Drilling (HDD) Tools will drive growth in North America and Europe markets.
Globally, the Horizontal Directional Drilling (HDD) Tools industry market is concentrated as the manufacturing technology of Horizontal Directional Drilling (HDD) Tools is relatively matures than some high-tech equipment. And some enterprises, like C Herrenknecht AG, Toro, XCMG, Vermeer, etc. are well-known for the wonderful performance of their Horizontal Directional Drilling (HDD) Tools and related services. At the same time, Asia-Pacific, occupied 41% Horizontal Directional Drilling (HDD) Equipment sales market share in 2017, is remarkable in the global Horizontal Directional Drilling (HDD) Tools industry because of their lower cost of raw material and labor.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

The report offers detailed coverage of Horizontal Directional Drilling (HDD) Tools industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Horizontal Directional Drilling (HDD) Tools by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Horizontal Directional Drilling (HDD) Tools market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Horizontal Directional Drilling (HDD) Tools market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Vermeer
Ditch Witch
Herrenknecht AG
Toro
XCMG
Goodeng Machine
Dilong
Drillto
DW/TXS
Prime Drilling
Huayuan
TRACTO-TECHNIK
Zoomlion
Lianyungang Huanghai
Terra
CHTC JOVE
Forward Group
Barbco

At the same time, we classify Horizontal Directional Drilling (HDD) Tools according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Small HDD
Medium HDD
Large HDD
Market by Application
Oil and Gas
Telecommunication
Water Related
Electric Transmission
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Horizontal Directional Drilling (HDD) Tools market for the forecast period 2021 - 2025?
• What are the driving forces in the Horizontal Directional Drilling (HDD) Tools market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Horizontal Directional Drilling (HDD) Tools industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?