2014 HDD Machine industry insight 04-Development characteristics

Date: 20200803

1. Affected by the macroeconomic downturn, although the total amount of new additions has decreased, the market demand is still relatively strong, second only to the United States;

2. Domestic horizontal directional drilling rigs have made considerable progress in both quantity and quality (appearance and performance). New products with independent intellectual property rights have been continuously launched (such as multi-function drilling rigs), and some drilling rigs have also won CE certification;

3. Due to the wide adaptability of medium-sized drilling rigs, the market share has increased, further consolidating its position as the main model;

4. The export market has further expanded, in addition to the traditional CIS (mainly Russia), Southeast Asia and South America, it has also expanded to the African and even European markets;

5. Although there are more than 30 manufacturers, the market share is mainly occupied by the top 10 manufacturers.

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