IND: (+91) 949418 5556
sales@envisioninteligence.com
- Home
- Industry Reports
- Energy Power
- Middle East & Africa Horizontal Directional Drilling MarketForecast (2023 – 2030)
Middle East & Africa Horizontal Directional Drilling Market Size & Growth:
The Middle East & Africa Horizontal Directional Drilling market was valued at $XX Billion in 2021 and is expected to reach $XX Billion by 2029, growing at a CAGR of around 3.21% during the forecast period. One of the major factors driving the HDD market growth includes rapid urbanization and a faster pace of industrialization. Urbanization would raise consumer demand, leading to an expansion in the manufacturing industry and driving up energy consumption. According to recent statistics, by 2040, the urban population will be nearly double that of the rural population. In addition, HDD provides greater precision than vertical moving methods, which is estimated to boost the market during the forecast period. The growing need for effective distribution of natural gas and electricity from upper and intermediate pipelines is likely to fuel the growth of the service.
COVID-19 Impact on Horizontal Directional Drilling Market:
In 2020, during the COVID-19 pandemic, the Middle East & Africa HDD market had impacted severely due to a lack of workforce and practical difficulties in implementing social distancing at equipment production sites. The pandemic has triggered abnormal operating conditions for HDD contractors. The situation prompts manufacturers to create appropriate procedures to reduce workplace infection risks. Trades across countries were disrupted, causing a lack of raw materials and components required for providing drilling solutions and services to the oil & gas industry. The COVID-19 pandemic impact and the oil prices war are proving to be a two-pronged crisis for oil, gas, and chemicals companies. Oil prices have experienced a decline due to failed agreements on production cuts, and the need for chemicals and refined products is slowing from industrial slow-downs and travel restrictions in the wake of this pandemic.
Middle East & Africa Horizontal Directional Drilling Market Segments Share:
The Middle East & Africa Horizontal Directional Drilling market is segregated on the basis of type, parts, application, end-user and geography.
Based on geography, the market is categorized into Middle East and Africa. The strong market outlook has positively impacted the kingdom’s onshore and offshore drilling activity, with the kingdom’s rig count expected to grow significantly to meet the increasing production demand. The Middle-East oilfield services will likely grow due to the steadily increasing natural gas demand, which may result in new production projects in the coming years.
Middle East & Africa Horizontal Directional Drilling Market Trends:
- In March 2022, UAE’s Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements valued at $658 million for cementing services as it continues to invest to enable drilling growth and expand its crude oil production capacity.
- In November 2021, the NOC of Saudi Arabia, Saudi Aramco, has awarded the Jafurah gas field development contracts to some domestic and international oil field services companies. It includes 16 subsurface and EPC contracts valued at $10 billion for the unconventional gas field. Opening the output opportunity for an estimated 200 million standard cubic feet per day, the field is expected to start production in 2025.
Middle East & Africa Horizontal Directional Drilling Market Research Report Include:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Baker Hughes Company
- Barbco, Inc.
- Halliburton Company
- Schlumberger, Ltd.
- The Toro Company
Along with these companies, there were many other companies considered/ cited in the report while analyzing the Horizontal Directional Drilling market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Rising fiber installations
4.1.2. Growth in HDD Rigs
4.1.3. Benefits of Horizontal Directional Drilling
4.2. Market Restraints & Challenges
4.2.1. Lack of skilled technicians
4.2.2. High cost and rig & equipment shortages
4.2.3. COVID-19 Impact
4.3. Market Opportunities
4.3.1. New well discoveries and advances in technology
4.3.2. Advancements in HDD techniques
4.3.4. Increasing focus on renewable energy
CHAPTER 5 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY TYPE
5.1. Conventional
5.2. RSS (Rotary Steerable System)
CHAPTER 6 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY PARTS
6.1. Rigs
6.2. Pipes
6.3. Bits
6.4. Others
CHAPTER 7 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY APPLICATION
7.1. Onshore
7.2. Offshore
CHAPTER 8 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY END-USER
8.1. Oil & Gas Extraction
8.2. Utility
8.3. Telecommunication
8.4. Others
CHAPTER 9 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY GEOGRAPHY
9.1. Introduction
9.2. Middle East & Africa
9.2.1. UAE
9.2.2. Saudi Arabia
9.2.3. Iran
9.2.4. Qatar
9.2.5. Jordan
9.2.6. South Africa
9.2.7. Algeria
9.2.8. Egypt
9.2.9. Morocco
9.2.10. Others
CHAPTER 10 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – COMPANY PROFILES
10.1. Halliburton Company
10.2. Baker Hughes Company
10.3. Schlumberger, Ltd.
10.4. The Toro Company
10.5. Vermeer Corporation
CHAPTER 11 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – COMPETITIVE LANDSCAPE
11.1. Market Share Analysis
11.2. Strategies adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 12 MARKET INSIGHTS
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
CHAPTER 13 APPENDIX
13.1. List of Tables
13.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
Regional Report
$2,160.00 – $7,200.00
- EUR: €2,009.12 - €6,697.05
- INR: ₹178,419.29 - ₹594,730.98
- AED: د.إ7,927.20 - د.إ26,424.00
- GBP: £1,744.17 - £5,813.91
Description
Regional Reports
Additional information
| Report Type | Extensive Report, Miniature report, Snapshot Report |
|---|---|
| Licence | Single User License, Team License, Corporate License |
Middle East & Africa Horizontal Directional Drilling Market Size & Growth:
The Middle East & Africa Horizontal Directional Drilling market was valued at $XX Billion in 2021 and is expected to reach $XX Billion by 2029, growing at a CAGR of around 3.21% during the forecast period. One of the major factors driving the HDD market growth includes rapid urbanization and a faster pace of industrialization. Urbanization would raise consumer demand, leading to an expansion in the manufacturing industry and driving up energy consumption. According to recent statistics, by 2040, the urban population will be nearly double that of the rural population. In addition, HDD provides greater precision than vertical moving methods, which is estimated to boost the market during the forecast period. The growing need for effective distribution of natural gas and electricity from upper and intermediate pipelines is likely to fuel the growth of the service.
COVID-19 Impact on Horizontal Directional Drilling Market:
In 2020, during the COVID-19 pandemic, the Middle East & Africa HDD market had impacted severely due to a lack of workforce and practical difficulties in implementing social distancing at equipment production sites. The pandemic has triggered abnormal operating conditions for HDD contractors. The situation prompts manufacturers to create appropriate procedures to reduce workplace infection risks. Trades across countries were disrupted, causing a lack of raw materials and components required for providing drilling solutions and services to the oil & gas industry. The COVID-19 pandemic impact and the oil prices war are proving to be a two-pronged crisis for oil, gas, and chemicals companies. Oil prices have experienced a decline due to failed agreements on production cuts, and the need for chemicals and refined products is slowing from industrial slow-downs and travel restrictions in the wake of this pandemic.
Middle East & Africa Horizontal Directional Drilling Market Segments Share:
The Middle East & Africa Horizontal Directional Drilling market is segregated on the basis of type, parts, application, end-user and geography.
Based on geography, the market is categorized into Middle East and Africa. The strong market outlook has positively impacted the kingdom’s onshore and offshore drilling activity, with the kingdom’s rig count expected to grow significantly to meet the increasing production demand. The Middle-East oilfield services will likely grow due to the steadily increasing natural gas demand, which may result in new production projects in the coming years.
Middle East & Africa Horizontal Directional Drilling Market Trends:
- In March 2022, UAE’s Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements valued at $658 million for cementing services as it continues to invest to enable drilling growth and expand its crude oil production capacity.
- In November 2021, the NOC of Saudi Arabia, Saudi Aramco, has awarded the Jafurah gas field development contracts to some domestic and international oil field services companies. It includes 16 subsurface and EPC contracts valued at $10 billion for the unconventional gas field. Opening the output opportunity for an estimated 200 million standard cubic feet per day, the field is expected to start production in 2025.
Middle East & Africa Horizontal Directional Drilling Market Research Report Include:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Baker Hughes Company
- Barbco, Inc.
- Halliburton Company
- Schlumberger, Ltd.
- The Toro Company
Along with these companies, there were many other companies considered/ cited in the report while analyzing the Horizontal Directional Drilling market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Rising fiber installations
4.1.2. Growth in HDD Rigs
4.1.3. Benefits of Horizontal Directional Drilling
4.2. Market Restraints & Challenges
4.2.1. Lack of skilled technicians
4.2.2. High cost and rig & equipment shortages
4.2.3. COVID-19 Impact
4.3. Market Opportunities
4.3.1. New well discoveries and advances in technology
4.3.2. Advancements in HDD techniques
4.3.4. Increasing focus on renewable energy
CHAPTER 5 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY TYPE
5.1. Conventional
5.2. RSS (Rotary Steerable System)
CHAPTER 6 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY PARTS
6.1. Rigs
6.2. Pipes
6.3. Bits
6.4. Others
CHAPTER 7 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY APPLICATION
7.1. Onshore
7.2. Offshore
CHAPTER 8 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY END-USER
8.1. Oil & Gas Extraction
8.2. Utility
8.3. Telecommunication
8.4. Others
CHAPTER 9 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – BY GEOGRAPHY
9.1. Introduction
9.2. Middle East & Africa
9.2.1. UAE
9.2.2. Saudi Arabia
9.2.3. Iran
9.2.4. Qatar
9.2.5. Jordan
9.2.6. South Africa
9.2.7. Algeria
9.2.8. Egypt
9.2.9. Morocco
9.2.10. Others
CHAPTER 10 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – COMPANY PROFILES
10.1. Halliburton Company
10.2. Baker Hughes Company
10.3. Schlumberger, Ltd.
10.4. The Toro Company
10.5. Vermeer Corporation
CHAPTER 11 MIDDLE EAST & AFRICA HORIZONTAL DIRECTIONAL DRILLING MARKET – COMPETITIVE LANDSCAPE
11.1. Market Share Analysis
11.2. Strategies adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 12 MARKET INSIGHTS
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
CHAPTER 13 APPENDIX
13.1. List of Tables
13.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
Our Clientele
Exclusive Benefits
Credibility and Transparency
We actively recruit consumers, business professionals, and hard-to-reach individuals as members of our research panels, and we build trusted, ongoing relationships with them. Thus we provide the complete list of primary and secondary data sources in the report to maintain the transparency and to assure the credibility.
Exhaustive Coverage
Detailed and extensive coverage in the geography.Survey consultation for brand tracking, concept testing, consumer behaviour, and more, we have you covered with market research services that scale to meet your needs.
Competitive Edge
Our reports cover most recent updates in the market till the date of the purchase. We identify, gather and timely deliver analysis on impact of unprecedented decisions of CXOs in COVID-19 catastrophe on many businesses, their clients and their clients' clients without additional cost.
Golden Opportunities
A comprehensive strategic sieve analysis of the market by our analysts and consultants, aided by AI tools helps us find the non-obvious, golden and emerging opportunities for you to evaluate.
Top-notch Reports Guaranteed
70% of our research is exclusive; no other research firm has the depth and breadth of our research.
Post Purchase Support
Post-purchase support is provided for all our reports, for three months from the date of purchase, where related queries will be answered within 24 business hours over telephone or email.
Related Products
Global Transformer Monitoring Systems Market – Size, Outlook,...