The North America horizontal directional drilling market was valued at US$ 902.96 million in 2022 and is expected to reach US$ 2,152.14 million by 2030; it is estimated to register a CAGR of 11.5% from 2022 to 2030.

Increasing Application of Horizontal Directional Drilling Equipment in Sewer & Water and Oil & Gas Sectors Fuels North America 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. In 2022, more than 16,000 public wastewater treatment facilities were in the US. Over 80% of the US population consumes drinking water from these facilities after proper treatment, and approximately 75% of the US population has sanitary sewerage treated in these treatment facilities. 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. As per The US Energy Information Administration (EIA), US energy consumption is anticipated to grow through 2050 owing to economic and population growth. Natural gas has the potential application in electricity generation, which boosts its demand in various industries. In addition, in 2023, Petroleos Mexicanos and an association led by Talos Energy confirmed a field development plan for the Zama offshore oil field. 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 North America horizontal directional drilling market.

North America Horizontal Directional Drilling Market Overview

North America is one of the prime markets in terms of investments in the oil & gas industry. The US is a key natural gas and crude oil producer globally. In 2022, the country showcased the highest natural gas production capacity, followed by Canada and Mexico. Ixachi, Coulomb Phase 2, Quesqui, Nejo (IEPC), Leo, May, Koban, and Powerball are a few of the natural gas-producing fields in North America. The Ixachi plant is in Veracruz, Mexico, and it produced 618.09mmcfd (million cubic feet per day) in 2022. The Coulomb Phase 2 field, owned by Shell, is located in the Central Planning Area, US. There were 436 oil & gas rigs in the US in 2020, which increased to 580 in 2021 and 721 in 2022. Canada accounted for 91 oil & gas rigs in 2020, which increased to 149 in 2021 and 176 in 2022. Mexico had 41 oil & gas rigs in 2020, which increased to 45 in 2021 and 47 in 2022. Increasing gas exploration and oil production activities in the region and mounting number of oil & gas rigs across different countries of North America drive the North America horizontal directional drilling market growth. The rising demand for broadband services in North America is anticipated to boost investments in the cable network. The next-generation broadband technologies such as high-speed internet packages (FTTx) and 5G are increasing the deployment of cables, which is propelling the need for horizontal directional drilling activities in the region. In 2023, AT&T will expand 5G and fiber to connect urban, rural, and tribal communities nationwide. In Lawrence County, Indiana, AT&T is building AT&T Fiber for more than 1,200 customer locations in a project worth more than US$4.3 million. In 2023, American Pacific Mining Corp declared that one drill rig remained to test the Christmas or Red Creek Target area during the demobilization of the 2023 mountain drilling program. The CRC Target is one of 12 known VMS assignments at the Palmer Project apart from the mineral resources of the Palmer and AG deposits. The growing focus on the mineral exploration sector is anticipated to propel the growth of the North America horizontal directional drilling market.

North America Horizontal Directional Drilling Market Revenue and Forecast to 2030 (US$ Million)

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North America Horizontal Directional Drilling Strategic Insights

Strategic insights for the North America Horizontal Directional Drilling provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Horizontal Directional Drilling Report Scope

Report Attribute	Details
Market size in 2022	US$ 902.96 Million
Market Size by 2030	US$ 2,152.14 Million
Global CAGR (2022 - 2030)	11.5%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By End Use Telecommunications Oil & Gas Sewer & Water Environmental Wells Utility By Rig Size Small Medium Large
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	American Augers Inc Drillto Trenchless Co Ltd Epiroc AB Herrenknecht AG Laney Directional Drilling Co Nabors Industries Ltd Prime Drilling GmbH The Charles Machine Works Inc Tracto-Technik GmbH & Co KG Vermeer Corp

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North America Horizontal Directional Drilling Regional Insights

The geographic scope of the North America Horizontal Directional Drilling refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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North America Horizontal Directional Drilling Market Segmentation

The North America horizontal directional drilling market is categorized into end use, rig size, application, and country.

Based on end use, the North America 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 North America 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 North America horizontal directional drilling market is bifurcated into onshore and offshore. The onshore segment held a larger market share in 2022.

By country, the North America horizontal directional drilling market is segmented into the US, Canada, and Mexico. The US dominated the North America 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, The Charles Machine Works Inc, Tracto-Technik GmbH & Co KG, and Vermeer Corp are some of the leading companies operating in the North America horizontal directional drilling market.

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