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Compact Drill Market Continues Steady Growth, Manufacturers Say
Steady as she goes is probably the best way to sum up the compact directional drill market, according to those who specialize in the machines, commonly used for fiber-to-the-home and other curb-to-home utility installations. When Trenchless Technology last looked at the state of the market for this sub group of horizontal directional drills (HDD) in 2010, the market was showing signs of improvement from the Great Recession of 2008 and 2009. According to that story, 2005 and 2006 were strong years but the housing bust and the downturn in the economy in 2008 and 2009 were weaker.