The global directional drills market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for directional drills in various applications such as telecommunication, water related and electric transmission. The increasing demand for directional drills in these applications is due to the need for drilling in hard-to-reach areas and also because of their ability to drill through tough materials such as concrete, steel and rock. The small directional drills segment accounted for a share of around 45% in 2017 owing to its low cost and ease of use. However, with technological advancements being made by manufacturers, the medium size segment is expected to grow at a higher rate than that of small size during the forecast period owing to its increased drilling capacity which makes it suitable for drilling through tougher materials such as concrete or steel.
Some Of The Growth Factors Of This Market:
- The increasing demand for directional drills in the construction industry is a major factor driving the growth of this market.
- The increasing use of directional drills in oil and gas exploration is also a major factor driving the growth of this market.
- The growing need for directional drilling in mining applications is another factor that will drive the growth of this market over the forecast period.
- Increasing demand from emerging economies such as China, India, and Brazil will also fuel the growth of this market over the forecast period due to their rapid economic development and infrastructure expansion plans which require more drilling equipment to be used for construction purposes such as building roads, bridges, tunnels etc, as well as mining purposes such as extracting minerals from deep underground mines or quarries where traditional drilling methods are not feasible or cost-effective enough to be used on a large scale basis due to high costs involved with traditional methods like blasting or excavation which are time-consuming and expensive processes that can take months or years before they can be completed while directional drilling can complete these tasks within days if not hours depending on how deep underground these resources are located at any given time during extraction operations which makes it an attractive option for many companies looking to save money by using less expensive methods when it comes to extracting resources from deep underground mines or quarries where traditional methods cannot be used effectively enough due to high costs involved with them being too expensive compared with other options available like directional drilling which has become more popular among many companies looking for cheaper alternatives when it comes down to extracting resources from deep underground mines or quarries where traditional methods cannot be used effectively enough due to high costs involved with them being too expensive compared with other option available like directional drilling which has become more popular among many companies looking for cheaper alternatives when it comes down to extracting resources from deep underground mines or quarries where traditional methods cannot be used effectively enough due.
Industry Growth Insights published a new data on “Directional Drills Market”. The research report is titled “Directional Drills Market research by Types (Small Directional Drills, Medium Directional Drills, Large Directional Drills), By Applications (Telecommunication, Water Related, Electric Transmission), By Players/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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Directional Drills Market Research Report
By Type
Small Directional Drills, Medium Directional Drills, Large Directional Drills
By Application
Telecommunication, Water Related, Electric Transmission
By 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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Directional Drills Market Report Segments:
The global Directional Drills market is segmented on the basis of:
Types
Small Directional Drills, Medium Directional Drills, Large Directional Drills
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecommunication, Water Related, Electric Transmission
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Directional Drills Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Directional Drills
- Medium Directional Drills
- Large Directional Drills
- By Application:
- Telecommunication
- Water Related
- Electric Transmission
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Directional Drills Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Directional drills are a type of drill that allow you to drill in specific directions. This is helpful when drilling into hard materials, as it allows you to avoid hitting other objects nearby.
Some of the major players in the directional drills market are 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.
The directional drills market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Directional Drills Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Directional Drills Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Directional Drills Market - Supply Chain
4.5. Global Directional Drills Market Forecast
4.5.1. Directional Drills Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Directional Drills Market Size (000 Units) and Y-o-Y Growth
4.5.3. Directional Drills Market Absolute $ Opportunity
5. Global Directional Drills Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Directional Drills Market Size and Volume Forecast by Type
5.3.1. Small Directional Drills
5.3.2. Medium Directional Drills
5.3.3. Large Directional Drills
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Directional Drills Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Directional Drills Market Size and Volume Forecast by Application
6.3.1. Telecommunication
6.3.2. Water Related
6.3.3. Electric Transmission
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Directional Drills Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Directional Drills Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Directional Drills Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Directional Drills Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Directional Drills Demand Share Forecast, 2019-2026
9. North America Directional Drills Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Directional Drills Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Directional Drills Market Size and Volume Forecast by Application
9.4.1. Telecommunication
9.4.2. Water Related
9.4.3. Electric Transmission
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Directional Drills Market Size and Volume Forecast by Type
9.7.1. Small Directional Drills
9.7.2. Medium Directional Drills
9.7.3. Large Directional Drills
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Directional Drills Demand Share Forecast, 2019-2026
10. Latin America Directional Drills Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Directional Drills Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Directional Drills Market Size and Volume Forecast by Application
10.4.1. Telecommunication
10.4.2. Water Related
10.4.3. Electric Transmission
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Directional Drills Market Size and Volume Forecast by Type
10.7.1. Small Directional Drills
10.7.2. Medium Directional Drills
10.7.3. Large Directional Drills
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Directional Drills Demand Share Forecast, 2019-2026
11. Europe Directional Drills Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Directional Drills Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Directional Drills Market Size and Volume Forecast by Application
11.4.1. Telecommunication
11.4.2. Water Related
11.4.3. Electric Transmission
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Directional Drills Market Size and Volume Forecast by Type
11.7.1. Small Directional Drills
11.7.2. Medium Directional Drills
11.7.3. Large Directional Drills
11.8. Basis Point Share (BS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Directional Drills Demand Share, 2019-2026
12. Asia Pacific Directional Drills Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Directional Drills Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Directional Drills Market Size and Volume Forecast by Application
12.4.1. Telecommunication
12.4.2. Water Related
12.4.3. Electric Transmission
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Directional Drills Market Size and Volume Forecast by Type
12.7.1. Small Directional Drills
12.7.2. Medium Directional Drills
12.7.3. Large Directional Drills
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Directional Drills Demand Share, 2019-2026
13. Middle East & Africa Directional Drills Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Directional Drills Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Directional Drills Market Size and Volume Forecast by Application
13.4.1. Telecommunication
13.4.2. Water Related
13.4.3. Electric Transmission
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Directional Drills Market Size and Volume Forecast by Type
13.7.1. Small Directional Drills
13.7.2. Medium Directional Drills
13.7.3. Large Directional Drills
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Directional Drills Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Directional Drills Market: Market Share Analysis
14.2. Directional Drills Distributors and Customers
14.3. Directional Drills Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vermeer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ditch Witch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Herrenknecht AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. XCMG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Goodeng Machine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dilong
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Drillto
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DW/TXS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Prime Drilling
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huayuan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TRACTO-TECHNIK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zoomlion
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lianyungang Huanghai
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Terra
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CHTC JOVE
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Forward Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Barbco
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook