At 11.8% CAGR, Middle East & Africa Horizontal Directional Drilling Market is Projected to be Worth US$ 1,262.26 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa horizontal directional drilling market was valued at US$ 515.74 million in 2022 and is expected to reach US$ 1,262.26 million by 2030, registering a CAGR of 11.8% from 2022 to 2030. Rising infrastructure development in telecommunications and mineral exploration sectors and increasing application of horizontal directional drilling equipment in sewer & water and oil & gas sectors are among the critical factors attributed to drive the Middle East & Africa horizontal directional drilling market growth.

The growing urbanization and rising government focus on infrastructure development that involve network expansion in rural areas are a few factors increasing the application of horizontal directional drilling equipment. For instance, in 2024, a Memorandum of Understanding (MoU) was signed by the Emirati telcAAle aim of advancing 5G-Advanced (5G-A) technology in the UAE. Additionally, Energy company Aramco and Viasat venture Inmarsat Maritime have inked a Memorandum of Understanding (MoU) to begin trial work on developing a 5G "mesh" network to supply high-bandwidth connectivity for Aramco's offshore operations in the Arabian Gulf. With these initiatives, the number of underground cable installations for expanding telecom connections in remote locations is also growing.

The onshore and offshore mineral exploration requires a high level of drilling activities, which is boosting the application of horizontal directional drilling equipment across the globe. Governments of various countries are working on mineral exploration projects as one of the major parts of their economic development. Also, they are focused on the discovery of new mining locations, as well as the upgradation and maintenance of already existing mining sites.

Thus, rising infrastructure development in the telecommunications and mineral exploration sectors fuels the horizontal directional drilling market growth.

On the contrary, the declining oil & gas exploration activities hampers the growth of Middle East & Africa horizontal directional drilling market.

Based on end use, the Middle East & Africa horizontal directional drilling market is segmented telecommunications, oil & gas, sewer & water, environmental wells, and utility. The oil & gas segment held 43.4% market share in 2022, amassing US$ 223.67 million. It is projected to garner US$ 537.44 million by 2030 to register 11.6% CAGR during 2022-2030.

By rig size, the Middle East & Africa horizontal directional drilling market is segmented into small (below 40,000 Lbs), medium (40,000 - 100,000 Lbs), and large (above 100,000 Lbs). The large (above 100,000 Lbs) segment held 48.8% share of Middle East & Africa horizontal directional drilling market in 2022, amassing US$ 251.59 million. It is anticipated to garner US$ 582.59 million by 2030 to expand at 11.1% CAGR during 2022-2030.

Based on application, the Middle East & Africa horizontal directional drilling market is bifurcated into onshore and offshore. The onshore segment held 64.1% share of Middle East & Africa horizontal directional drilling market in 2022, amassing US$ 330.58 million. It is projected to garner US$ 784.62 million by 2030 to expand at 11.4% CAGR from 2022 to 2030.

By country, the Middle East & Africa horizontal directional drilling market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 49.0% share of Middle East & Africa horizontal directional drilling market in 2022. It was assessed at US$ 252.86 million in 2022 and is likely to hit US$ 646.75 million by 2030, registering a CAGR of 12.5% during 2022-2030.

Key players operating in the Middle East & Africa horizontal directional drilling market are American Augers Inc, Drillto Trenchless Co Ltd, Epiroc AB, Herrenknecht AG, Laney Directional Drilling Co, Nabors Industries Ltd, Prime Drilling GmbH, Tracto-Technik GmbH & Co KG, and Vermeer Corp, among others.


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