Market Overview:
The global trenchless machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for trenchless technology across various applications, such as water supply industry, oil and gas industry, power industry, communications industry and others. Additionally, the growing awareness about the benefits of trenchless technology is also contributing to the growth of this market.
Product Definition:
Trenchless Machinery is equipment that allows for the installation of underground pipes and cables without the need to dig trenches. This can be done by using a variety of methods such as directional drilling, augering, or microtunneling. Trenchless Machinery is important because it can save time and money by reducing the amount of excavation needed. It also helps to protect environmental features and minimize disruption to traffic and other activities in the area.
Horizontal Directional Drilling Machine:
Horizontal directional drilling machine is used to drill a series of narrow holes, usually in the horizontal direction. Horizontal directional drilling machines are mainly used for two applications, namely oil well perforation and cable trenching. The growth factor for this market is primarily driven by rising demand from end-use industries such as construction & mining and power generation sectors.
The global horizontal directional drilling machine market was valued at USD 1,867.7 million in 2016.
Pipe Jacking Machine:
A pipe jacking machine is a device used to raise heavy loads using hydraulic arms. It is mainly used in construction and mining industries for various applications such as installing pipes in trenchless laying, backhoe layering, and vertical excavation. Pipe Jacking Machine has the ability to work at different angles which makes it an essential tool for trenchless machinery industry.
The global market size of Trenchless Machinery was valued at USD 6,500 million in 2016.
Application Insights:
The communications industry is anticipated to emerge as the fastest-growing application segment over the forecast period. Trenchless technology in this industry allows for a reduction in installation cost, time and manpower while increasing operational efficiency. The power generation industry is also projected to witness significant growth during the same period owing to its rapidly growing population coupled with an increase in industrialization activities.
The oil and gas industry is expected to be one of the major users of such equipment due to its extensive use across various operations including well completions, perforating services, intervention services for maintenance tasks along with other related activities such as cementing and installation of production facilities onshore or offshore. The water supply & sanitation sector was estimated as one of the largest sectors using these machines across various applications including municipal wastewater treatment plants; large scale irrigation projects; small & medium-sized hydropower projects (SMPPs); desalination plants; etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing government spending on infrastructure development and rising demand for trenchless water supply and oilfield machining services in countries, such as China, India, Japan, Australia and New Zealand. In addition, growing infrastructural activities in developing economies of Southeast Asia are likely to drive regional market growth over the next eight years.
The Middle East & Africa is also anticipated to witness significant growth owing to increasing government investments in construction projects across various countries including Saudi Arabia and Qatar. Moreover, rapid expansion of telecom networks by companies like Vodafone Group; Orange S.A.
Growth Factors:
- Increasing demand for trenchless technology in water and wastewater management
- Rising awareness about the benefits of trenchless technology over traditional methods
- Growing number of infrastructure projects across the globe
- Technological advancements in trenchless machinery that offer enhanced performance and efficiency
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Trenchless Machinery Market Research Report
By Type
Horizontal Directional Drilling Machine, Pipe Jacking Machine
By Application
Water Supply Industry, Oil and Gas Industry, Power Industry, Communications Industry, Others
By Companies
Akkerman, mts Microtunneling Systems GmbH, Anhui Tangxing Machinery Equipment Co., Ltd, Zhenjiang Hongyu Mechanical and Electrical Equipment Co.,Ltd., RASA Industries, Herrenknecht AG, CRCHI, Realtop Heavy Industry, JIANGSU SPUT ELECTRICAL TECHNOLOGY CO.,LTD, YangZhou GuangXin Heavy industry Co.,Ltd., Akkerman, Ditch Witch, Toro, XCMG, Goodeng Machine, Dilong, Drillto, DW/TXS, Prime Drilling, Huayuan, TRACTO-TECHNIK, Zoomlion, H.H. Drill-Tech Drilling Machinery Co., Ltd., Terra, CHTC JOVE
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Trenchless Machinery Market Report Segments:
The global Trenchless Machinery market is segmented on the basis of:
Types
Horizontal Directional Drilling Machine, Pipe Jacking Machine
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
Water Supply Industry, Oil and Gas Industry, Power Industry, Communications Industry, Others
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:
- Akkerman
- mts Microtunneling Systems GmbH
- Anhui Tangxing Machinery Equipment Co., Ltd
- Zhenjiang Hongyu Mechanical and Electrical Equipment Co.,Ltd.
- RASA Industries
- Herrenknecht AG
- CRCHI
- Realtop Heavy Industry
- JIANGSU SPUT ELECTRICAL TECHNOLOGY CO.,LTD
- YangZhou GuangXin Heavy industry Co.,Ltd.
- Akkerman
- Ditch Witch
- Toro
- XCMG
- Goodeng Machine
- Dilong
- Drillto
- DW/TXS
- Prime Drilling
- Huayuan
- TRACTO-TECHNIK
- Zoomlion
- H.H. Drill-Tech Drilling Machinery Co., Ltd.
- Terra
- CHTC JOVE
Highlights of The Trenchless Machinery 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:
- Horizontal Directional Drilling Machine
- Pipe Jacking Machine
- By Application:
- Water Supply Industry
- Oil and Gas Industry
- Power Industry
- Communications Industry
- Others
- 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 Trenchless Machinery 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Trenchless machinery is a type of machine that uses no trenches or other excavation methods to create an opening in the ground. Instead, it uses a variety of cutting and drilling tools to make precise holes in the ground. This type of machinery is often used for construction projects, such as installing pipelines and water lines.
Some of the major players in the trenchless machinery market are Akkerman, mts Microtunneling Systems GmbH, Anhui Tangxing Machinery Equipment Co., Ltd, Zhenjiang Hongyu Mechanical and Electrical Equipment Co.,Ltd., RASA Industries, Herrenknecht AG, CRCHI, Realtop Heavy Industry, JIANGSU SPUT ELECTRICAL TECHNOLOGY CO.,LTD, YangZhou GuangXin Heavy industry Co.,Ltd., Akkerman, Ditch Witch, Toro, XCMG, Goodeng Machine, Dilong, Drillto, DW/TXS, Prime Drilling, Huayuan, TRACTO-TECHNIK, Zoomlion, H.H. Drill-Tech Drilling Machinery Co., Ltd., Terra, CHTC JOVE.
The trenchless machinery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trenchless Machinery Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Trenchless Machinery Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Trenchless Machinery Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Trenchless Machinery Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Trenchless Machinery Market Size & Forecast, 2018-2028 4.5.1 Trenchless Machinery Market Size and Y-o-Y Growth 4.5.2 Trenchless Machinery Market Absolute $ Opportunity
Chapter 5 Global Trenchless Machinery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Trenchless Machinery Market Size Forecast by Type
5.2.1 Horizontal Directional Drilling Machine
5.2.2 Pipe Jacking Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trenchless Machinery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Trenchless Machinery Market Size Forecast by Applications
6.2.1 Water Supply Industry
6.2.2 Oil and Gas Industry
6.2.3 Power Industry
6.2.4 Communications Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trenchless Machinery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Trenchless Machinery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Trenchless Machinery Analysis and Forecast
9.1 Introduction
9.2 North America Trenchless Machinery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Trenchless Machinery Market Size Forecast by Type
9.6.1 Horizontal Directional Drilling Machine
9.6.2 Pipe Jacking Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Trenchless Machinery Market Size Forecast by Applications
9.10.1 Water Supply Industry
9.10.2 Oil and Gas Industry
9.10.3 Power Industry
9.10.4 Communications Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Trenchless Machinery Analysis and Forecast
10.1 Introduction
10.2 Europe Trenchless Machinery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Trenchless Machinery Market Size Forecast by Type
10.6.1 Horizontal Directional Drilling Machine
10.6.2 Pipe Jacking Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Trenchless Machinery Market Size Forecast by Applications
10.10.1 Water Supply Industry
10.10.2 Oil and Gas Industry
10.10.3 Power Industry
10.10.4 Communications Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Trenchless Machinery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trenchless Machinery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Trenchless Machinery Market Size Forecast by Type
11.6.1 Horizontal Directional Drilling Machine
11.6.2 Pipe Jacking Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Trenchless Machinery Market Size Forecast by Applications
11.10.1 Water Supply Industry
11.10.2 Oil and Gas Industry
11.10.3 Power Industry
11.10.4 Communications Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Trenchless Machinery Analysis and Forecast
12.1 Introduction
12.2 Latin America Trenchless Machinery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Trenchless Machinery Market Size Forecast by Type
12.6.1 Horizontal Directional Drilling Machine
12.6.2 Pipe Jacking Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Trenchless Machinery Market Size Forecast by Applications
12.10.1 Water Supply Industry
12.10.2 Oil and Gas Industry
12.10.3 Power Industry
12.10.4 Communications Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Trenchless Machinery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trenchless Machinery Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Trenchless Machinery Market Size Forecast by Type
13.6.1 Horizontal Directional Drilling Machine
13.6.2 Pipe Jacking Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Trenchless Machinery Market Size Forecast by Applications
13.10.1 Water Supply Industry
13.10.2 Oil and Gas Industry
13.10.3 Power Industry
13.10.4 Communications Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Trenchless Machinery Market: Competitive Dashboard
14.2 Global Trenchless Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akkerman
14.3.2 mts Microtunneling Systems GmbH
14.3.3 Anhui Tangxing Machinery Equipment Co., Ltd
14.3.4 Zhenjiang Hongyu Mechanical and Electrical Equipment Co.,Ltd.
14.3.5 RASA Industries
14.3.6 Herrenknecht AG
14.3.7 CRCHI
14.3.8 Realtop Heavy Industry
14.3.9 JIANGSU SPUT ELECTRICAL TECHNOLOGY CO.,LTD
14.3.10 YangZhou GuangXin Heavy industry Co.,Ltd.
14.3.11 Akkerman
14.3.12 Ditch Witch
14.3.13 Toro
14.3.14 XCMG
14.3.15 Goodeng Machine
14.3.16 Dilong
14.3.17 Drillto
14.3.18 DW/TXS
14.3.19 Prime Drilling
14.3.20 Huayuan
14.3.21 TRACTO-TECHNIK
14.3.22 Zoomlion
14.3.23 H.H. Drill-Tech Drilling Machinery Co., Ltd.
14.3.24 Terra
14.3.25 CHTC JOVE