Horizontal Directional Drilling Market Size 2022-2027, Report, Share, Industry Growth and Forecast
According to the latest report by IMARC Group, titled “ Horizontal Directional Drilling Market Size, Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the global horizontal directional Drilling market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global horizontal directional drilling market reached a value of US$ 8.5 Billion in 2021 . Looking forward, IMARC Group expects the market to reach a value of US$ 12.47 Billion by 2027 exhibiting a CAGR of 6.10% during 2022-2027 . Horizontal directional drilling (HDD) represents a trenchless drilling technique that utilizes steerable motor assemblies for digging horizontal bores. It primarily involves the usage of bites, rigs, pipes, and beamers to accurately drill along the chosen bore path and install underground electrical semiconductors, pipelines, service condui...