Horizontal Directional Drilling Market Size Is Projected To Reach USD 14.86 Billion By 2028
San Francisco, 2 Feb 2022: The Report Horizontal Directional Drilling Market Size, Share & Trends Analysis Report By Machine Type, By Parts (Rigs, Pipes, Bits, Reamers), By Application, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global horizontal directional drilling market size is estimated to reach USD 14.86 billion by 2028, expanding at an estimated CAGR of 6.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The rising emphasis on minimizing the environmental impact of drilling and boring activities, rapid urbanization, and the inconvenience caused to the public due to the increased open-cut utility installations are some of the key factors driving the Horizontal Directional Drilling (HDD) market growth. Rising environmental concerns have contemplated regulatory bodies worldwide to create regulations that require organizations to minimize ecosystem exploitation. For instance, the U.S. Environmental ...