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2014 HDD Machine industry insight 03-Industry concentration

Publication Date: 2020-07-31

 

2014 HDD Machine industry insight 03-Industry concentration

Date: 20200731

In 2014, the company that ranked first in sales of horizontal directional drilling rigs had a market share of 22.6%; the top 3 manufacturers in the industry had a total sales of 1,126 units and a market share of 55.1%, both slightly higher than in 2013 Decline; the top 5 manufacturers in the industry have a total sales of 1,607 units and a market share of 78.6%, an increase of 5.8% over 2013; the top 10 companies in the industry have a total of 1942 horizontal directional drilling rigs with a total sales of 1,942 units and a market share Up to 95.0%, basically the same as in previous years. See Table 1 for changes in industry concentration in the first five years.

The changes and fluctuations in industry concentration indicate that after more than ten years of rapid development, my country’s horizontal directional drilling rig industry has entered a relatively mature and stable stage, and the market structure has basically taken shape.

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