Visiongain Publishes Global Horizontal Directional Drilling (HDD) Market 2019-2029 report

Market Overview and Trends• Horizontal Directional Drilling (HDD)s techniques are gaining popularity each day due to its cost-effective methodology of hitting the maximum pay zone resulting in maximum oil production.• Also, it is vastly being preferred over the conventional method due its low risk of damaging the ecosystem.��� Introduction of technologies like IoT will also help in making HDD more cost effective and preferred method of drilling. Market Overview and Trends• Horizontal...

LONDON, 01/10/2019 (informazione.it - comunicati stampa - industria)

• Horizontal Directional Drilling (HDD)s techniques are gaining popularity each day due to its cost-effective methodology of hitting the maximum pay zone resulting in maximum oil production.
• Also, it is vastly being preferred over the conventional method due its low risk of damaging the ecosystem.
��� Introduction of technologies like IoT will also help in making HDD more cost effective and preferred method of drilling.

• Cost effectiveness in targeting the maximum area of the oil and gas containing sub-surface pay zone and thus increasing production.
• Easy and faster way of oil and gas production compared to conventional methods
• Reduces the operating cost of the Application companies, resulting in more profits.
• IoT integration in the oil and gas drilling sector has reduced the risk in HDD, which in turn makes it a more preferred choice.

• Declining Oil Spending Due to Low Crude Oil Price
• Increasing Focus on Renewable Energy

• Oil and Gas Market, 2019-2029
• Energy Market, 2019-2029
• Telecommunication Market, 2019-2029
• Electric Transmission Market, 2019-2029

 
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
��� Middle East Market, 2019-2029
• Africa Market, 2019-2029

• Key players are adopting mergers & acquisition and new product launches as their key strategy to sustain intense competition.
• Companies are strategically expanding their global presence and offering improved Horizontal Directional Drilling (HDD) technology across various sectors.

American Augers, Inc.
Barbco, Inc
Creighton Rock Drill Ltd.
Direct Horizontal Drilling, Inc.
Ditch Witch
Ellingson Companies
Ferguson Michiana Inc.
Herrenknecht AG
Horizontal Technology, Inc.
Inrock Drilling Systems, Incorporated
Laney Directional Drilling Co.
Lenntech
McCloskey International
McLaughlin Group, Inc.
Midwest Underground Technology, Inc.
Nabors Industries Ltd.
Prime Horizontal
Savant Technology LLC
Vector Magnetics LLC
Vermeer Corpoation
VMT GmbH Gesellschaft Für Vermessungstechnik

Logo: http://mma.prnewswire.com/media/523989/Visiongain_Logo.jpg