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Global Horizontal Directional Drilling Insights and overview Author: Wupan Company: QYResearch Date: 2017/5/02
Recently, QYResearch have published a report on Horizontal Directional Drilling market. This report studies Horizontal Directional Drilling in Global market, especially in USA, Europe and China, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer. According to our research, the global market size for Horizontal Directional Drilling reached 5029 Million USD in 2016 from 5161 Million USD in 2012. The decrease in China market and the sluggish demand in Europe and USA is the major factor for the market decrease.
On the basis of region, USA is the largest market for Horizontal Directional Drilling, followed by China and Europe. APAC region is expected to be the fastest growing market in terms of its infrastructure demand. China and India hold the key for future market trends in Horizontal Directional Drilling market owing to large population and economy development, Manufacturers in USA is leading the market for its leading technology. Manufacturers in China such as XCMG and Goodeng Machine are playing more and more important roles in the market for the powerful performance in India and Brazil.
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Vermeer ranks the first in terms of revenue share in global market of Horizontal Directional Drilling, occupies 22.11% of the global market share in 2016; While, Ditch Witch, with a market share of 12.25 %, comes the second; All the other leading manufacturers including Herrenknecht AG, Toro, XCMG, Goodeng Machine, Dilong, Drillto and DW/TXS.
This article was first released by QYResearch analyst, if reproduced, please indicate the source. Media Contact:press@qyresearch.com Analyst :wupan@qyresearch.com
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