North America Horizontal Directional Drilling Market Size, Share & Industry Trends Analysis Report By Component, By Machine Type, By Machines Parts, By Rig Type, By Rigs Sales Type, By Application, By End-use, By Country, Historical Data and Growth Forecast, 2021 - 2027

The North America Horizontal Directional Drilling Market would witness market growth of 4.3% CAGR during the forecast period (2021-2027).

The horizontal directional drilling technique has evolved as the most prevalent trenchless drilling technologies in recent years. The horizontal boring technology necessitates the drilling and maintenance of fewer boreholes. Trenchless boring equipment is substantially more expensive than conventional open-cut techniques, hence the industry's growth prospects are dependent on large expenditures.

Customers prefer to hire the whole setup from contractors since the setups are expensive. Furthermore, many mid-sized businesses use service providers for full-service projects. As a consequence, both manufacturers of Machines and service providers have a strong market position.

The United States possesses one of the world's largest technically viable shale gas deposits and the world's second-largest tight oil reserves. The region's oil and gas directional drilling activity has been boosted by technological advancements in hydraulic fracturing and lower breakeven pricing. As a result, there has been a significant development in drilling operations and an increase in the number of horizontal wells in the area.

The US market dominated the North America Horizontal Directional Drilling Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,820.3 million by 2027. The Canada market is expected to witness a CAGR of 6.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 5.7% during (2021 - 2027).

Based on Component, the market is segmented into Machines and Services. Based on Machine Type, the market is segmented into Rotary Steerable System and Conventional. Based on Machines Parts, the market is segmented into Rigs, Pipes, Bits, Reamers and Others. Based on Rig Type, the market is segmented into Midi, Mini, and Maxi. Based on Rig Type, the market is segmented into Midi, Mini, and Maxi. Based on Rigs Sales Type, the market is segmented into New sales and Aftermarket. Based on Application, the market is segmented into Onshore and Offshore. Based on End-use, the market is segmented into Oil & Gas Extraction, Utility, Telecommunication and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Horizontal Directional Drilling Market is Estimated to reach $11.6 Billion by 2027, at a CAGR of 5.8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nabors Industries Ltd., NOV, Inc., Herrenknecht AG, Vermeer Corporation, Xuzhou Construction Machinery Group Co., Ltd., The Toro Company, Halliburton Company, Schlumberger N.V., Weatherford International PLC, and Baker Hughes Company.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Machines and
• Services

By Machine Type

• Rotary Steerable System and
• Conventional

By Machine Parts

• Rigs
• Pipes
• Bits
• Reamers and
• Others

By Rig Type

• Midi
• Mini, and
• Maxi

By Rigs Sales Type

• New sales and
• Aftermarket

By Application

• Onshore and
• Offshore

By End Use

• Oil & Gas Extraction
• Utility
• Telecommunication and
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Key Market Players

List of Companies Profiled in the Report:

• Nabors Industries Ltd.
• NOV, Inc.
• Herrenknecht AG
• Vermeer Corporation
• Xuzhou Construction Machinery Group Co., Ltd.
• The Toro Company
• Halliburton Company
• Schlumberger N.V.
• Weatherford International PLC
• Baker Hughes Company

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Horizontal Directional Drilling Market, by Component
1.4.2 North America Horizontal Directional Drilling Market, by Machine Type
1.4.3 North America Horizontal Directional Drilling Market, by Machine Parts
1.4.4 North America Horizontal Directional Drilling Market, by Rig Type
1.4.5 North America Horizontal Directional Drilling Market, by Rigs Sales Type
1.4.6 North America Horizontal Directional Drilling Market, by Application
1.4.7 North America Horizontal Directional Drilling Market, by End Use
1.4.8 North America Horizontal Directional Drilling Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.2.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Jan) Leading Players

Chapter 4. North America Horizontal Directional Drilling Market by Component
4.1 North America Machines Market by Country
4.1.1 North America Machine Market by Type
4.1.1.1 North America Rotary Steerable System Market by Country
4.1.1.2 North America Conventional Market by Country
4.1.2 North America Machine Market by Machine Parts
4.1.2.1 North America Rigs Market by Country
4.1.2.1.1 North America Rig Market by Type
4.1.2.1.1.1 North America Midi Market by Country
4.1.2.1.1.2 North America Mini Market by Country
4.1.2.1.1.3 North America Maxi Market by Country
4.1.2.1.2 North America Rigs Market by Sales Type
4.1.2.1.2.1 North America New sales Market by Country
4.1.2.1.2.2 North America Aftermarket Market by Country
4.1.2.2 North America Pipes Market by Country
4.1.2.3 North America Bits Market by Country
4.1.2.4 North America Reamers Market by Country
4.1.2.5 North America Other Machines Parts Market by Country
4.2 North America Services Market by Country
4.2.1 North America Services Market by Application
4.2.1.1 North America Onshore Market by Country
4.2.1.2 North America Offshore Market by Country
4.2.2 North America Services Market by End-use
4.2.2.1 North America Oil & Gas Extraction Market by Country
4.2.2.2 North America Utility Market by Country
4.2.2.3 North America Telecommunication Market by Country
4.2.2.4 North America Others Market by Country

Chapter 5. North America Horizontal Directional Drilling Market by Country
5.1 US Horizontal Directional Drilling Market
5.1.1 US Horizontal Directional Drilling Market by Component
5.1.1.1 US Machine Market by Type
5.1.1.2 US Machine Market by Machine Parts
5.1.1.2.1 US Rig Market by Type
5.1.1.2.2 US Rigs Market by Sales Type
5.1.1.3 US Services Market by Application
5.1.1.4 US Services Market by End-use
5.2 Canada Horizontal Directional Drilling Market
5.2.1 Canada Horizontal Directional Drilling Market by Component
5.2.1.1 Canada Machine Market by Type
5.2.1.2 Canada Machine Market by Machine Parts
5.2.1.2.1 Canada Rig Market by Type
5.2.1.2.2 Canada Rigs Market by Sales Type
5.2.1.3 Canada Services Market by Application
5.2.1.4 Canada Services Market by End-use
5.3 Mexico Horizontal Directional Drilling Market
5.3.1 Mexico Horizontal Directional Drilling Market by Component
5.3.1.1 Mexico Machine Market by Type
5.3.1.2 Mexico Machine Market by Machine Parts
5.3.1.2.1 Mexico Rig Market by Type
5.3.1.2.2 Mexico Rigs Market by Sales Type
5.3.1.3 Mexico Services Market by Application
5.3.1.4 Mexico Services Market by End-use
5.4 Rest of North America Horizontal Directional Drilling Market
5.4.1 Rest of North America Horizontal Directional Drilling Market by Component
5.4.1.1 Rest of North America Machine Market by Type
5.4.1.2 Rest of North America Machine Market by Machine Parts
5.4.1.2.1 Rest of North America Rig Market by Type
5.4.1.2.2 Rest of North America Rigs Market by Sales Type
5.4.1.3 Rest of North America Services Market by Application
5.4.1.4 Rest of North America Services Market by End-use

Chapter 6. Company Profiles
6.1 Nabors Industries Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Engineering Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Acquisition and Mergers:
6.2 NOV, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Herrenknecht AG
6.3.1 Company Overview
6.4 Vermeer Corporation
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.4.2.2 Acquisition and Mergers:
6.5 Xuzhou Construction Machinery Group Co., Ltd.
6.5.1 Company Overview
6.6 The Toro Company
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 Recent strategies and developments:
6.6.5.1 Acquisitions and Mergers:
6.7 Halliburton Company
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.7.5 Recent strategies and developments:
6.7.5.1 Product Launches and Product Expansions:
6.8 Schlumberger N.V.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.5.2 Product Launches and Product Expansions:
6.8.5.3 Acquisition and Mergers:
6.9 Weatherford International PLC
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Product Launches and Product Expansions:
6.10. Baker Hughes Company
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 Recent strategies and developments:
6.10.5.1 Partnerships, Collaborations and Agreements:

TABLE 1 North America Horizontal Directional Drilling Market, 2017 - 2020, USD Million
TABLE 2 North America Horizontal Directional Drilling Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Horizontal Directional Drilling Market
TABLE 4 Product Launches And Product Expansions– Horizontal Directional Drilling Market
TABLE 5 Acquisition and Mergers– Horizontal Directional Drilling Market
TABLE 6 North America Horizontal Directional Drilling Market by Component, 2017 - 2020, USD Million
TABLE 7 North America Horizontal Directional Drilling Market by Component, 2021 - 2027, USD Million
TABLE 8 North America Machines Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Machines Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Machine Market by Type, 2017 - 2020, USD Million
TABLE 11 North America Machine Market by Type, 2021 - 2027, USD Million
TABLE 12 North America Rotary Steerable System Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Rotary Steerable System Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Conventional Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Conventional Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Machine Market by Machine Parts, 2017 - 2020, USD Million
TABLE 17 North America Machine Market by Machine Parts, 2021 - 2027, USD Million
TABLE 18 North America Rigs Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Rigs Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Rig Market by Type, 2017 - 2020, USD Million
TABLE 21 North America Rig Market by Type, 2021 - 2027, USD Million
TABLE 22 North America Midi Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Midi Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Mini Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Mini Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Maxi Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Maxi Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Rigs Market by Sales Type, 2017 - 2020, USD Million
TABLE 29 North America Rigs Market by Sales Type, 2021 - 2027, USD Million
TABLE 30 North America New sales Market by Country, 2017 - 2020, USD Million
TABLE 31 North America New sales Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Aftermarket Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Aftermarket Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Pipes Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Pipes Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Bits Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Bits Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Reamers Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Reamers Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Other Machines Parts Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Other Machines Parts Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Services Market by Application, 2017 - 2020, USD Million
TABLE 45 North America Services Market by Application, 2021 - 2027, USD Million
TABLE 46 North America Onshore Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Onshore Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Offshore Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Offshore Market by Country, 2021 - 2027, USD Million
TABLE 50 North America Services Market by End-use, 2017 - 2020, USD Million
TABLE 51 North America Services Market by End-use, 2021 - 2027, USD Million
TABLE 52 North America Oil & Gas Extraction Market by Country, 2017 - 2020, USD Million
TABLE 53 North America Oil & Gas Extraction Market by Country, 2021 - 2027, USD Million
TABLE 54 North America Utility Market by Country, 2017 - 2020, USD Million
TABLE 55 North America Utility Market by Country, 2021 - 2027, USD Million
TABLE 56 North America Telecommunication Market by Country, 2017 - 2020, USD Million
TABLE 57 North America Telecommunication Market by Country, 2021 - 2027, USD Million
TABLE 58 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 59 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 60 North America Horizontal Directional Drilling Market by Country, 2017 - 2020, USD Million
TABLE 61 North America Horizontal Directional Drilling Market by Country, 2021 - 2027, USD Million
TABLE 62 US Horizontal Directional Drilling Market, 2017 - 2020, USD Million
TABLE 63 US Horizontal Directional Drilling Market, 2021 - 2027, USD Million
TABLE 64 US Horizontal Directional Drilling Market by Component, 2017 - 2020, USD Million
TABLE 65 US Horizontal Directional Drilling Market by Component, 2021 - 2027, USD Million
TABLE 66 US Machine Market by Type, 2017 - 2020, USD Million
TABLE 67 US Machine Market by Type, 2021 - 2027, USD Million
TABLE 68 US Machine Market by Machine Parts, 2017 - 2020, USD Million
TABLE 69 US Machine Market by Machine Parts, 2021 - 2027, USD Million
TABLE 70 US Rig Market by Type, 2017 - 2020, USD Million
TABLE 71 US Rig Market by Type, 2021 - 2027, USD Million
TABLE 72 US Rigs Market by Sales Type, 2017 - 2020, USD Million
TABLE 73 US Rigs Market by Sales Type, 2021 - 2027, USD Million
TABLE 74 US Services Market by Application, 2017 - 2020, USD Million
TABLE 75 US Services Market by Application, 2021 - 2027, USD Million
TABLE 76 US Services Market by End-use, 2017 - 2020, USD Million
TABLE 77 US Services Market by End-use, 2021 - 2027, USD Million
TABLE 78 Canada Horizontal Directional Drilling Market, 2017 - 2020, USD Million
TABLE 79 Canada Horizontal Directional Drilling Market, 2021 - 2027, USD Million
TABLE 80 Canada Horizontal Directional Drilling Market by Component, 2017 - 2020, USD Million
TABLE 81 Canada Horizontal Directional Drilling Market by Component, 2021 - 2027, USD Million
TABLE 82 Canada Machine Market by Type, 2017 - 2020, USD Million
TABLE 83 Canada Machine Market by Type, 2021 - 2027, USD Million
TABLE 84 Canada Machine Market by Machine Parts, 2017 - 2020, USD Million
TABLE 85 Canada Machine Market by Machine Parts, 2021 - 2027, USD Million
TABLE 86 Canada Rig Market by Type, 2017 - 2020, USD Million
TABLE 87 Canada Rig Market by Type, 2021 - 2027, USD Million
TABLE 88 Canada Rigs Market by Sales Type, 2017 - 2020, USD Million
TABLE 89 Canada Rigs Market by Sales Type, 2021 - 2027, USD Million
TABLE 90 Canada Services Market by Application, 2017 - 2020, USD Million
TABLE 91 Canada Services Market by Application, 2021 - 2027, USD Million
TABLE 92 Canada Services Market by End-use, 2017 - 2020, USD Million
TABLE 93 Canada Services Market by End-use, 2021 - 2027, USD Million
TABLE 94 Mexico Horizontal Directional Drilling Market, 2017 - 2020, USD Million
TABLE 95 Mexico Horizontal Directional Drilling Market, 2021 - 2027, USD Million
TABLE 96 Mexico Horizontal Directional Drilling Market by Component, 2017 - 2020, USD Million
TABLE 97 Mexico Horizontal Directional Drilling Market by Component, 2021 - 2027, USD Million
TABLE 98 Mexico Machine Market by Type, 2017 - 2020, USD Million
TABLE 99 Mexico Machine Market by Type, 2021 - 2027, USD Million
TABLE 100 Mexico Machine Market by Machine Parts, 2017 - 2020, USD Million
TABLE 101 Mexico Machine Market by Machine Parts, 2021 - 2027, USD Million
TABLE 102 Mexico Rig Market by Type, 2017 - 2020, USD Million
TABLE 103 Mexico Rig Market by Type, 2021 - 2027, USD Million
TABLE 104 Mexico Rigs Market by Sales Type, 2017 - 2020, USD Million
TABLE 105 Mexico Rigs Market by Sales Type, 2021 - 2027, USD Million
TABLE 106 Mexico Services Market by Application, 2017 - 2020, USD Million
TABLE 107 Mexico Services Market by Application, 2021 - 2027, USD Million
TABLE 108 Mexico Services Market by End-use, 2017 - 2020, USD Million
TABLE 109 Mexico Services Market by End-use, 2021 - 2027, USD Million
TABLE 110 Rest of North America Horizontal Directional Drilling Market, 2017 - 2020, USD Million
TABLE 111 Rest of North America Horizontal Directional Drilling Market, 2021 - 2027, USD Million
TABLE 112 Rest of North America Horizontal Directional Drilling Market by Component, 2017 - 2020, USD Million
TABLE 113 Rest of North America Horizontal Directional Drilling Market by Component, 2021 - 2027, USD Million
TABLE 114 Rest of North America Machine Market by Type, 2017 - 2020, USD Million
TABLE 115 Rest of North America Machine Market by Type, 2021 - 2027, USD Million
TABLE 116 Rest of North America Machine Market by Machine Parts, 2017 - 2020, USD Million
TABLE 117 Rest of North America Machine Market by Machine Parts, 2021 - 2027, USD Million
TABLE 118 Rest of North America Rig Market by Type, 2017 - 2020, USD Million
TABLE 119 Rest of North America Rig Market by Type, 2021 - 2027, USD Million
TABLE 120 Rest of North America Rigs Market by Sales Type, 2017 - 2020, USD Million
TABLE 121 Rest of North America Rigs Market by Sales Type, 2021 - 2027, USD Million
TABLE 122 Rest of North America Services Market by Application, 2017 - 2020, USD Million
TABLE 123 Rest of North America Services Market by Application, 2021 - 2027, USD Million
TABLE 124 Rest of North America Services Market by End-use, 2017 - 2020, USD Million
TABLE 125 Rest of North America Services Market by End-use, 2021 - 2027, USD Million
TABLE 126 Key Information – Nabors Industries Ltd.
TABLE 127 Key Information – NOV, INC.
TABLE 128 Key Information – Herrenknecht AG
TABLE 129 Key Information – Vermeer Corporation
TABLE 130 Key Information – Xuzhou Construction Machinery Group Co., Ltd.
TABLE 131 Key information – The Toro Company
TABLE 132 key Information – Halliburton Company
TABLE 133 key information – Schlumberger N.V.
TABLE 134 key information – Weatherford International PLC
TABLE 135 Key Information – Baker Hughes Company

List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (Product Launches and Product Expansions : 2018, Feb – 2022, Jan) Leading Players
FIG 4 Recent strategies and developments: Nabors Industries Ltd.
FIG 5 Recent strategies and developments: Vermeer Corporation
FIG 6 Recent strategies and developments: Schlumberger N.V.