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Stock impact report

Horizontal Directional Drilling (HDD) Industry Research Report 2024: Global Market to Reach $16.4 Billion by 2030 - Growing Need for Replacing Aging Underground Utilities Driving Demand [Y...

Toro Company (The) (TTC) 
Last toro company (the) earnings: 3/5 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Horizontal Directional Drilling (HDD) was estimated at US$10.2 Billion in 2023 and is projected to reach US$16.4 Billion by 2030, growing at a CAGR of 7.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the horizontal directional drilling market is driven by several factors, including increasing infrastructure development, technological advancements in drilling equipment, and the growing demand for minimally invasive utility installation methods. As urbanization continues and governments invest in upgrading infrastructure, the need for efficient installation of underground utilities has increased, fueling demand for HDD technology. Technological innovations in HDD systems, such as improved steering and real-time monitoring, have enhanced the pr Show less Read more
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