Middle East & Africa Horizontal Directional Drilling Market Forecast to 2030 - Regional Analysis - by End Use (Telecommunications, Oil & Gas, Sewer & Water, Environmental Wells, and Utility), Rig Size [Small (Less than 40,000 lbs.), Medium (40,000-100,000 lbs), and Large (More than 100,000 lbs.)], and Application (Onshore and Offshore)

BMIRE00030637 | Pages: 98 | Manufacturing and Construction | Aug 2024 | Type: Regional | Status: Published

The Middle East & Africa horizontal directional drilling market was valued at US$ 515.74 million in 2022 and is expected to reach US$ 1,262.26 million by 2030; it is estimated to register a CAGR of 11.8% from 2022 to 2030.

Increasing Application of Horizontal Directional Drilling Equipment in Sewer & Water and Oil & Gas Sectors Bolsters Middle East & Africa Horizontal Directional Drilling Market

The volume of sewage is rising with population growth. The majority of wastewater is generated by households and industries. Every year, ~380 billion m3 (cubic meters) of municipal wastewater is produced globally. As a result, the demand for proper infrastructure development in the sewer & water sector is increasing due to the growing population and rising urbanization. Governments of several countries are focusing on installing proper wastewater and sewage treatment facilities to protect the environment from pollution. For instance, in 2024, Egypt's Minister of International Cooperation inked a US$ 53.6 million (50 million) funding agreement with the French Development Agency (AFD), in addition to a further grant of US$ 1.6 million (1.5 million). The partnership seeks to facilitate the completion of the Al Gabal Al Asfar Wastewater Treatment Plant's third phase. According to Hassan Allam Holding, the 1,800,000 m3/day wastewater treatment plant in Cairo is the biggest in the MENA region. The growing emphasis on proper sewer and water infrastructure is boosting drilling activities, which is increasing the application of horizontal directional drilling equipment worldwide.

Moreover, there is a surge in energy demand due to the growing global population. According to Exxon Mobil Corporation's report, the global energy demand is expected to reach 660 quadrillion Btu in 2050, up around 15% from 2021 due to population growth and increased affluence. Natural gas has the potential application in electricity generation, which boosts its demand in various industries. For instance, in 2022, an agreement was made between Kuwait and Saudi Arabia regarding the joint development plan for the offshore gas resource known as Dorra. In 2023, in order to conduct offshore exploration in the Mediterranean Sea and the Nile Delta, Egypt intends to invest US$ 1.8 billion in the drilling of additional gas wells. Chevron, Eni, ExxonMobil, Shell, and BP are among the multinational corporations involved in the offshore exploration program. From now until July 2025, the program intends to drill 35 exploration gas wells.

Furthermore, the growing offshore drilling activities for crude oil and gas exploration are boosting the demand for horizontal directional drilling equipment. For instance, in November 2023, Shell Egypt announced that it had successfully completed the drilling of the first well in its three-well exploration campaign, Mina West, located in the Northeast El-Amriya block in the Mediterranean Sea. Thus, an increase in offshore oil & gas exploration activities bolsters the expansion of gas pipeline infrastructure, which is propelling the application of horizontal directional drilling equipment. Thus, the rising infrastructure development in the sewer & water and oil & gas sectors drives the horizontal directional drilling market.

Middle East & Africa Horizontal Directional Drilling Market Overview

As per the IEA, the Middle East & Africa generate ~95% of their electricity from oil & gas. More than 290 billion cubic meters of gas, or more than one-third of the region's gas production, are consumed by thermal plants. The Middle East has a high potential for natural gas production, owing to the major gas fields in the Arabian Iranian basin. The Permian Khuff formation signifies a crucial gas-bearing horizon. The abundance of natural gas and growing demand for natural gas in different end use applications are increasing the growth of the oil & gas pipeline infrastructure in the region, which is expanding the scope of drilling activities and leading to a positive impact on the Middle East & Africa horizontal directional drilling market. Offshore oil drilling activities are also boosting the demand for horizontal directional drilling equipment in the region. For instance, in January 2023, Masirah Oil, a subsidiary of Singapore-headquartered independent Rex International, announced that it had completed an offshore drilling campaign in Oman's Block 50. In October 2023, KCA Deutag, a leading drilling, engineering, and technology partner, announced its first locally made rig in Oman during a ceremony of Petroleum Development Oman (PDO). Similarly, in November 2023, Shell Egypt announced that it had completed the drilling of the first well in its three-well exploration campaign, Mina West, located in the Northeast El-Amriya block in the Mediterranean Sea. Thus, such factors are boosting the growth of offshore oil & gas drilling activities, contributing to the Middle East & Africa horizontal directional drilling market expansion.

Middle East & Africa Horizontal Directional Drilling Market Revenue and Forecast to 2030 (US$ Million)

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Middle East & Africa Horizontal Directional Drilling Market Segmentation

The Middle East & Africa horizontal directional drilling market is categorized into end use, rig size, application, and country.

Based on end use, the Middle East & Africa horizontal directional drilling market is segmented telecommunications, oil & gas, sewer & water, environmental wells, and utility. The oil & gas segment held the largest market share in 2022.

By rig size, the Middle East & Africa horizontal directional drilling market is segmented into small (below 40,000 Lbs), medium (40,000 - 100,000 Lbs), and large (above 100,000 Lbs). The large (above 100,000 Lbs) segment held the largest market share in 2022.

Based on application, the Middle East & Africa horizontal directional drilling market is bifurcated into onshore and offshore. The onshore segment held a larger market share in 2022.

By country, the Middle East & Africa horizontal directional drilling market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa horizontal directional drilling market share in 2022.

American Augers Inc, Drillto Trenchless Co Ltd, Epiroc AB, Herrenknecht AG, Laney Directional Drilling Co, Nabors Industries Ltd, Prime Drilling GmbH, Tracto-Technik GmbH & Co KG, and Vermeer Corp are some of the leading companies operating in the Middle East & Africa horizontal directional drilling market.

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East & Africa Horizontal Directional Drilling Market Landscape

4.1 Overview

4.2 Ecosystem Analysis

4.2.1 List of Vendors in the Value Chain

5. Middle East & Africa Horizontal Directional Drilling Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Application of Horizontal Directional Drilling Equipment in Sewer & Water and Oil & Gas Sectors

5.1.2 Rising Infrastructure Development in Telecommunications and Mineral Exploration Sectors

5.2 Market Restraints

5.2.1 Competition from Alternative Technologies

5.3 Market Opportunities

5.3.1 Discovery of New Mineral Exploration Locations

5.4 Future Trends

5.4.1 Development of Smart Cities

5.5 Impact of Drivers and Restraints:

6. Horizontal Directional Drilling Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Horizontal Directional Drilling Market Revenue (US$ Million), 2020-2030

6.2 Middle East & Africa Horizontal Directional Drilling Market Forecast Analysis

7. Middle East & Africa Horizontal Directional Drilling Market Analysis - by End Use

7.1 Telecommunication

7.1.1 Overview

7.1.2 Telecommunication: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

7.2 Oil & Gas

7.2.1 Overview

7.2.2 Oil & Gas: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

7.3 Sewer & Water

7.3.1 Overview

7.3.2 Sewer & Water: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

7.4 Environmental Wells

7.4.1 Overview

7.4.2 Environmental Wells: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

7.5 Utility

7.5.1 Overview

7.5.2 Utility: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Horizontal Directional Drilling Market Analysis - by Rig Size

8.1 Small (Below 40000 lbs)

8.1.1 Overview

8.1.2 Small (Below 40000 lbs): Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

8.2 Medium (40000-100000 lbs)

8.2.1 Overview

8.2.2 Medium (40000-100000 lbs): Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

8.3 Large (Above 100000 lbs)

8.3.1 Overview

8.3.2 Large (Above 100000 lbs): Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Horizontal Directional Drilling Market Analysis - by Application

9.1 Onshore

9.1.1 Overview

9.1.2 Onshore: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

9.2 Offshore

9.2.1 Overview

9.2.2 Offshore: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

10. Middle East & Africa Horizontal Directional Drilling Market - Country Analysis

10.1 Overview

10.1.1 Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Key Countries, 2022 and 2030 (%)

10.1.1.1 Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast Analysis - by Country

10.1.1.2 South Africa: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.2.1 South Africa: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by End Use

10.1.1.2.2 South Africa: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Rig Size

10.1.1.2.3 South Africa: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Application

10.1.1.3 Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.3.1 Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by End Use

10.1.1.3.2 Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Rig Size

10.1.1.3.3 Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Application

10.1.1.4 United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.4.1 United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by End Use

10.1.1.4.2 United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Rig Size

10.1.1.4.3 United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Application

10.1.1.5 Rest of Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

10.1.1.5.1 Rest of Middle East & Africa Horizontal Directional Drilling Market Breakdown, by End Use

10.1.1.5.2 Rest of Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Rig Size

10.1.1.5.3 Rest of Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Application

11. Competitive Landscape

11.1 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview

12.2 New Product Development

12.3 Market Initiative

13. Company Profiles

13.1 American Augers Inc

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Drillto Trenchless Co Ltd

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Tracto-Technik GmbH & Co KG

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Herrenknecht AG

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Nabors Industries Ltd

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Laney Directional Drilling Co

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Prime Drilling GmbH

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Epiroc AB

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Vermeer Corp

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

 

List of Tables

Table 1. Middle East & Africa Horizontal Directional Drilling Market Segmentation

Table 2. Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Table 3. Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by End Use

Table 4. Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by Rig Size

Table 5. Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 6. Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by Country

Table 7. South Africa: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by End Use

Table 8. South Africa: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by Rig Size

Table 9. South Africa: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 10. Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by End Use

Table 11. Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by Rig Size

Table 12. Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 13. United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by End Use

Table 14. United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by Rig Size

Table 15. United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million) - by Application

Table 16. Rest of Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by End Use

Table 17. Rest of Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by Rig Size

Table 18. Rest of Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million) - by Application

 

List of Figures

Figure 1. Middle East & Africa Horizontal Directional Drilling Market Segmentation, by Country

Figure 2. Ecosystem Analysis

Figure 3. Middle East & Africa Horizontal Directional Drilling Market - Key Market Dynamics

Figure 4. Impact Analysis of Drivers and Restraints

Figure 5. Middle East & Africa Horizontal Directional Drilling Market Revenue (US$ Million), 2020-2030

Figure 6. Middle East & Africa Horizontal Directional Drilling Market Share (%) - by End Use (2022 and 2030)

Figure 7. Telecommunication: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 8. Oil & Gas: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 9. Sewer & Water: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 10. Environmental Wells: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 11. Utility: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 12. Middle East & Africa Horizontal Directional Drilling Market Share (%) - by Rig Size (2022 and 2030)

Figure 13. Small (Below 40000 lbs): Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 14. Medium (40000-100000 lbs): Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 15. Large (Above 100000 lbs): Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 16. Middle East & Africa Horizontal Directional Drilling Market Share (%) - by Application (2022 and 2030)

Figure 17. Onshore: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 18. Offshore: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 19. Middle East & Africa Horizontal Directional Drilling Market, by Key Countries - Revenue (2022) (US$ Million)

Figure 20. Middle East & Africa Horizontal Directional Drilling Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 21. South Africa: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 22. Saudi Arabia: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 23. United Arab Emirates: Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030(US$ Million)

Figure 24. Rest of Middle East & Africa Horizontal Directional Drilling Market - Revenue and Forecast to 2030 (US$ Million)

Figure 25. Company Positioning & Concentration

 

 

1. American Augers Inc

2. Drillto Trenchless Co Ltd

3. Epiroc AB

4. Herrenknecht AG

5. Laney Directional Drilling Co

6. Nabors Industries Ltd

7. Prime Drilling GmbH

8. Tracto-Technik GmbH & Co KG

9. Vermeer Corp

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa horizontal directional drilling market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa horizontal directional drilling market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa horizontal directional drilling market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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