Horizontal Directional Drilling (HDD) Market- Global Industry Analysis, Growth, Size, Trends and Forecast 2027
February 22, 2021 | by admin |
The global
Horizontal Directional Drilling (HDD) market generated revenue of around USD 7,500 million in 2020 and anticipated to grow at a CAGR of over 12.5% during the forecast period from 2021 to 2027 to reach around USD 18,000 million in 2027.
Horizontal Directional Drilling (HDD) is a technique used for the installation of pipelines and cables beneath earth surface. This method is called as trenchless technique. Horizontal Directional Drilling is one of the important types of trenchless techniques used for horizontal drilling. Horizontal Directional Drilling is used for accurate and precise drilling.