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2015 HDD Machine industry insight 08-Industry concentration

Publication Date: 2020-08-25

2015 HDD Machine industry insight 08-Industry concentration

Date: 20200825

In 2015, the company that ranked first in sales of horizontal directional drilling rigs had a market share of 25.1%; the top 3 manufacturers in the industry had a total sales of 972 units and a market share of 59.2%, both slightly higher than in 2014; The sales of the top 5 manufacturers totaled 1,233 units, accounting for 75.1%, which was a decrease from 2014; the sales of the top 10 companies in the industry totaled 1,556 units, accounting for 94.7%, which was basically the same as in previous 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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