Top Horizontal Directional Drilling Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Horizontal Directional Drilling Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Horizontal Directional Drilling industry players.

Horizontal Directional Drilling Market Competitive Landscape

Horizontal directional drilling companies should target the energy industry to bring in the most revenue going forward. Countries with growing investments in infrastructure development are also slated to boost the demand for horizontal directional drilling in the future. Launching new horizontal directional drilling equipment and integration of automation are slated to be key opportunities for market players in the long run.

Top Player’s Company Profiles

  • The Charles Machines Works, Inc. (Ditch Witch)
  • Barbco Inc.
  • The Toro Company
  • Vermeer Corporation
  • Vmt Gmbh Gesellschaft Für Vermessungstechnik
  • Laney Directional Drilling Co.
  • Inrock Drilling Systems, Incorporated
  • Ellingson Companies
  • Laney Directional Drilling Co.
  • Mclaughlin Group Inc.
  • Nabors Industries Ltd.
  • Herrenknecht AG
  • XCMG

Recent Developments

  • In January 2025, Ditch Witch, a leading name in the horizontal directional drilling business announced the launch of a new directional drill machine called JT21. The new machine is capable of working faster in a variety of soil compositions and features 20,000 pounds of thrust along with 2,250 ft-lbs of torque.
  • In January 2025, Vermeer, a leading industrial and agricultural equipment supplier entered in a new partnership with Tecniwell srl, pump manufacturer from Italy. Under this move select Tecniwell-branded high-pressure pump packages for the horizontal directional drilling (HDD) will be available for customers through Vermeer’s dealer network.
  • In January 2024, SLB and Nabors Industries entered into a collaborative agreement to scale the use of drilling automation solutions for end users. Under this collaboration, oil and gas operators and drilling contractors will be able to integrate their drilling automation applications and rig operating systems with drilling solutions to optimize productivity and efficiency.

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FAQs

Horizontal Directional Drilling Market size was valued at USD 8.97 Billion in 2024 and is poised to grow from USD 10.18 Billion in 2025 to USD 28.03 Billion by 2033, growing at a CAGR of 13.5% during the forecast period (2026–2033).

Horizontal directional drilling companies should target the energy industry to bring in the most revenue going forward. Countries with growing investments in infrastructure development are also slated to boost the demand for horizontal directional drilling in the future. Launching new horizontal directional drilling equipment and integration of automation are slated to be key opportunities for market players in the long run. 'Schlumberger Limited (Houston, USA)', 'Halliburton Company (Houston, USA) ', 'Baker Hughes Company (Houston, USA) ', 'Weatherford International plc (Houston, USA) ', 'Nabors Industries Ltd. (Houston, USA) ', 'Helmerich & Payne, Inc. (Tulsa, USA) ', 'Patterson-UTI Energy, Inc. (Houston, USA) ', 'Scientific Drilling International (Houston, USA) ', 'PHX Technology Services Corp. (Calgary, Canada) ', 'Michels Corporation (Brownsville, USA) ', 'Herrenknecht AG (Schwanau, Germany) ', 'China Oilfield Services Limited (Beijing, China) ', 'Jindal Drilling & Industries Ltd. (New Delhi, India) ', 'Gyrodata Incorporated (Houston, USA) ', 'LeTourneau Technologies, Inc. (Houston, USA) ', 'Ensign Energy Services Inc. (Calgary, Canada) ', 'Transocean Ltd. (Steinhausen, Switzerland) ', 'Seadrill Limited (Hamilton, Bermuda) ', 'Precision Drilling Corporation (Calgary, Canada)'

Rapidly increasing global population is also driving up the demand for energy infrastructure in all parts of the world. Need for pipeline infrastructure for various energy requirements such as oil and gas under rivers, roads, and other obstacles to minimize environmental disruption is slated to favor the global horizontal directional drilling market outlook in the future.

Use of Automation: Horizontal directional drilling companies are expected to focus on integrating automation technologies with their offerings to enhance efficiency and productivity. Focusing on this horizontal directional drilling market trend can help improve operational efficiency, precision, and safety of horizontal directional drilling systems and solutions thereby making them more attractive for end users around the world.

North America is estimated to lead the global horizontal directional drilling market size over the coming years. The presence of leading oil & gas companies, launch of multiple new infrastructure and utility projects, and high demand for offshore drilling are cementing the dominance of this region. The United States is anticipated to emerge as the top market for horizontal directional drilling companies looking to make a mark in this region owing to supportive government policies for oil & gas exploration activities. Canada is also slated to boost revenue generation for horizontal directional drilling providers in the North American region going forward.

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Global Horizontal Directional Drilling Market
Horizontal Directional Drilling Market

Report ID: SQMIG20G2061

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