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Global Water Well Drilling Market Research Report 2024
Synopsis
Establishments engaged in water well drilling tend to be small, independent contractors. Even the industry leaders tend to be small, seldom generating more than $20 million in annual revenues. Some of the largest companies have diversified into other areas of construction or other types of drilling projects, such as oil, natural gas, and geothermal wells.
The nation's water supply comes from surface sources such as lakes, rivers, and streams, in addition to vast underground aquifers. Groundwater has often been preferred over surface water for use in homes and industry because it is relatively inexpensive to develop and treat, it contains no sediment, its chemical quality remains constant, and facilities to develop it can be situated on small plots of ground. Of the 408 trillion gallons of water consumed daily in the United States in the early 2000s, nearly 20 percent was ground water.
Contractors who drill wells to tap into underground water are largely dependent on new construction. In fact, community water mains and wells for single-family houses account for the vast majority of all business done by this industry. More than 15 million water wells provide 79.4 billion gallons of ground water daily to U.S. residents for community and single-family use, irrigation, livestock, and other agricultural, commercial, and industrial purposes. Irrigation accounted for the largest portion (60 billion gallons) of ground water usage.
This Report covers special trade contractors primarily engaged in water well drilling. Establishments primarily engaged in drilling oil or gas field water intake wells on a contract or fee basis are classified in.
The global Water Well Drilling market was valued at US$ 4757 million in 2023 and is anticipated to reach US$ 5865 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
Global Water Well Drilling key players include Layne, Gordon and Sons, Barco Well Service, Johnson Water Well Drilling, etc. Global top four manufacturers hold a share about 2%.
North America is the largest market, with a share about 40%, followed by Europe and India, both have a share over 30 percent.
In terms of product, 4~8 Diameter is the largest segment, with a share about 35%. And in terms of application, the largest application is Domestic use, followed by Industrial use, Irrigation, etc.
This report aims to provide a comprehensive presentation of the global market for Water Well Drilling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Water Well Drilling.
Report Scope
The Water Well Drilling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Water Well Drilling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Water Well Drilling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Layne
Weninger Drilling, Llc
Tampa Well Drilling
Gordon and Sons
Barco Well Service
Johnson Water Well Drilling
Nelson Drilling Company
Jackson Water Well
Craig Waterwell & Drilling Ltd
Mikes Drilling & Pump Service
Loman Drilling Inc
Jim Jeffers Well Drilling
Caster Drilling Enterprises
Bennett Water Well Drilling
Casey well drilling
Segment by Type
<4" Diameter
4"~8" Diameter (8" not covered)
8"~10"Diameter (10" not covered)
10"~12" Diameter (12" not covered)
>12" Diameter
Segment by Application
Domestic Use
Industrial Use
Irrigation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Water Well Drilling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Establishments engaged in water well drilling tend to be small, independent contractors. Even the industry leaders tend to be small, seldom generating more than $20 million in annual revenues. Some of the largest companies have diversified into other areas of construction or other types of drilling projects, such as oil, natural gas, and geothermal wells.
The nation's water supply comes from surface sources such as lakes, rivers, and streams, in addition to vast underground aquifers. Groundwater has often been preferred over surface water for use in homes and industry because it is relatively inexpensive to develop and treat, it contains no sediment, its chemical quality remains constant, and facilities to develop it can be situated on small plots of ground. Of the 408 trillion gallons of water consumed daily in the United States in the early 2000s, nearly 20 percent was ground water.
Contractors who drill wells to tap into underground water are largely dependent on new construction. In fact, community water mains and wells for single-family houses account for the vast majority of all business done by this industry. More than 15 million water wells provide 79.4 billion gallons of ground water daily to U.S. residents for community and single-family use, irrigation, livestock, and other agricultural, commercial, and industrial purposes. Irrigation accounted for the largest portion (60 billion gallons) of ground water usage.
This Report covers special trade contractors primarily engaged in water well drilling. Establishments primarily engaged in drilling oil or gas field water intake wells on a contract or fee basis are classified in.
The global Water Well Drilling market was valued at US$ 4757 million in 2023 and is anticipated to reach US$ 5865 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
Global Water Well Drilling key players include Layne, Gordon and Sons, Barco Well Service, Johnson Water Well Drilling, etc. Global top four manufacturers hold a share about 2%.
North America is the largest market, with a share about 40%, followed by Europe and India, both have a share over 30 percent.
In terms of product, 4~8 Diameter is the largest segment, with a share about 35%. And in terms of application, the largest application is Domestic use, followed by Industrial use, Irrigation, etc.
This report aims to provide a comprehensive presentation of the global market for Water Well Drilling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Water Well Drilling.
Report Scope
The Water Well Drilling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Water Well Drilling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Water Well Drilling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Layne
Weninger Drilling, Llc
Tampa Well Drilling
Gordon and Sons
Barco Well Service
Johnson Water Well Drilling
Nelson Drilling Company
Jackson Water Well
Craig Waterwell & Drilling Ltd
Mikes Drilling & Pump Service
Loman Drilling Inc
Jim Jeffers Well Drilling
Caster Drilling Enterprises
Bennett Water Well Drilling
Casey well drilling
Segment by Type
<4" Diameter
4"~8" Diameter (8" not covered)
8"~10"Diameter (10" not covered)
10"~12" Diameter (12" not covered)
>12" Diameter
Segment by Application
Domestic Use
Industrial Use
Irrigation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Water Well Drilling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Water Well Drilling Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 <4" Diameter
1.2.3 4"~8" Diameter (8" not covered)
1.2.4 8"~10"Diameter (10" not covered)
1.2.5 10"~12" Diameter (12" not covered)
1.2.6 >12" Diameter
1.3 Market by Application
1.3.1 Global Water Well Drilling Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Domestic Use
1.3.3 Industrial Use
1.3.4 Irrigation
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Water Well Drilling Market Perspective (2019-2030)
2.2 Water Well Drilling Growth Trends by Region
2.2.1 Global Water Well Drilling Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Water Well Drilling Historic Market Size by Region (2019-2024)
2.2.3 Water Well Drilling Forecasted Market Size by Region (2025-2030)
2.3 Water Well Drilling Market Dynamics
2.3.1 Water Well Drilling Industry Trends
2.3.2 Water Well Drilling Market Drivers
2.3.3 Water Well Drilling Market Challenges
2.3.4 Water Well Drilling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Water Well Drilling Players by Revenue
3.1.1 Global Top Water Well Drilling Players by Revenue (2019-2024)
3.1.2 Global Water Well Drilling Revenue Market Share by Players (2019-2024)
3.2 Global Water Well Drilling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Water Well Drilling Revenue
3.4 Global Water Well Drilling Market Concentration Ratio
3.4.1 Global Water Well Drilling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Water Well Drilling Revenue in 2023
3.5 Water Well Drilling Key Players Head office and Area Served
3.6 Key Players Water Well Drilling Product Solution and Service
3.7 Date of Enter into Water Well Drilling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Water Well Drilling Breakdown Data by Type
4.1 Global Water Well Drilling Historic Market Size by Type (2019-2024)
4.2 Global Water Well Drilling Forecasted Market Size by Type (2025-2030)
5 Water Well Drilling Breakdown Data by Application
5.1 Global Water Well Drilling Historic Market Size by Application (2019-2024)
5.2 Global Water Well Drilling Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Water Well Drilling Market Size (2019-2030)
6.2 North America Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Water Well Drilling Market Size by Country (2019-2024)
6.4 North America Water Well Drilling Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Water Well Drilling Market Size (2019-2030)
7.2 Europe Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Water Well Drilling Market Size by Country (2019-2024)
7.4 Europe Water Well Drilling Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Water Well Drilling Market Size (2019-2030)
8.2 Asia-Pacific Water Well Drilling Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Water Well Drilling Market Size by Region (2019-2024)
8.4 Asia-Pacific Water Well Drilling Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Water Well Drilling Market Size (2019-2030)
9.2 Latin America Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Water Well Drilling Market Size by Country (2019-2024)
9.4 Latin America Water Well Drilling Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Water Well Drilling Market Size (2019-2030)
10.2 Middle East & Africa Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Water Well Drilling Market Size by Country (2019-2024)
10.4 Middle East & Africa Water Well Drilling Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Layne
11.1.1 Layne Company Detail
11.1.2 Layne Business Overview
11.1.3 Layne Water Well Drilling Introduction
11.1.4 Layne Revenue in Water Well Drilling Business (2019-2024)
11.1.5 Layne Recent Development
11.2 Weninger Drilling, Llc
11.2.1 Weninger Drilling, Llc Company Detail
11.2.2 Weninger Drilling, Llc Business Overview
11.2.3 Weninger Drilling, Llc Water Well Drilling Introduction
11.2.4 Weninger Drilling, Llc Revenue in Water Well Drilling Business (2019-2024)
11.2.5 Weninger Drilling, Llc Recent Development
11.3 Tampa Well Drilling
11.3.1 Tampa Well Drilling Company Detail
11.3.2 Tampa Well Drilling Business Overview
11.3.3 Tampa Well Drilling Water Well Drilling Introduction
11.3.4 Tampa Well Drilling Revenue in Water Well Drilling Business (2019-2024)
11.3.5 Tampa Well Drilling Recent Development
11.4 Gordon and Sons
11.4.1 Gordon and Sons Company Detail
11.4.2 Gordon and Sons Business Overview
11.4.3 Gordon and Sons Water Well Drilling Introduction
11.4.4 Gordon and Sons Revenue in Water Well Drilling Business (2019-2024)
11.4.5 Gordon and Sons Recent Development
11.5 Barco Well Service
11.5.1 Barco Well Service Company Detail
11.5.2 Barco Well Service Business Overview
11.5.3 Barco Well Service Water Well Drilling Introduction
11.5.4 Barco Well Service Revenue in Water Well Drilling Business (2019-2024)
11.5.5 Barco Well Service Recent Development
11.6 Johnson Water Well Drilling
11.6.1 Johnson Water Well Drilling Company Detail
11.6.2 Johnson Water Well Drilling Business Overview
11.6.3 Johnson Water Well Drilling Water Well Drilling Introduction
11.6.4 Johnson Water Well Drilling Revenue in Water Well Drilling Business (2019-2024)
11.6.5 Johnson Water Well Drilling Recent Development
11.7 Nelson Drilling Company
11.7.1 Nelson Drilling Company Company Detail
11.7.2 Nelson Drilling Company Business Overview
11.7.3 Nelson Drilling Company Water Well Drilling Introduction
11.7.4 Nelson Drilling Company Revenue in Water Well Drilling Business (2019-2024)
11.7.5 Nelson Drilling Company Recent Development
11.8 Jackson Water Well
11.8.1 Jackson Water Well Company Detail
11.8.2 Jackson Water Well Business Overview
11.8.3 Jackson Water Well Water Well Drilling Introduction
11.8.4 Jackson Water Well Revenue in Water Well Drilling Business (2019-2024)
11.8.5 Jackson Water Well Recent Development
11.9 Craig Waterwell & Drilling Ltd
11.9.1 Craig Waterwell & Drilling Ltd Company Detail
11.9.2 Craig Waterwell & Drilling Ltd Business Overview
11.9.3 Craig Waterwell & Drilling Ltd Water Well Drilling Introduction
11.9.4 Craig Waterwell & Drilling Ltd Revenue in Water Well Drilling Business (2019-2024)
11.9.5 Craig Waterwell & Drilling Ltd Recent Development
11.10 Mikes Drilling & Pump Service
11.10.1 Mikes Drilling & Pump Service Company Detail
11.10.2 Mikes Drilling & Pump Service Business Overview
11.10.3 Mikes Drilling & Pump Service Water Well Drilling Introduction
11.10.4 Mikes Drilling & Pump Service Revenue in Water Well Drilling Business (2019-2024)
11.10.5 Mikes Drilling & Pump Service Recent Development
11.11 Loman Drilling Inc
11.11.1 Loman Drilling Inc Company Detail
11.11.2 Loman Drilling Inc Business Overview
11.11.3 Loman Drilling Inc Water Well Drilling Introduction
11.11.4 Loman Drilling Inc Revenue in Water Well Drilling Business (2019-2024)
11.11.5 Loman Drilling Inc Recent Development
11.12 Jim Jeffers Well Drilling
11.12.1 Jim Jeffers Well Drilling Company Detail
11.12.2 Jim Jeffers Well Drilling Business Overview
11.12.3 Jim Jeffers Well Drilling Water Well Drilling Introduction
11.12.4 Jim Jeffers Well Drilling Revenue in Water Well Drilling Business (2019-2024)
11.12.5 Jim Jeffers Well Drilling Recent Development
11.13 Caster Drilling Enterprises
11.13.1 Caster Drilling Enterprises Company Detail
11.13.2 Caster Drilling Enterprises Business Overview
11.13.3 Caster Drilling Enterprises Water Well Drilling Introduction
11.13.4 Caster Drilling Enterprises Revenue in Water Well Drilling Business (2019-2024)
11.13.5 Caster Drilling Enterprises Recent Development
11.14 Bennett Water Well Drilling
11.14.1 Bennett Water Well Drilling Company Detail
11.14.2 Bennett Water Well Drilling Business Overview
11.14.3 Bennett Water Well Drilling Water Well Drilling Introduction
11.14.4 Bennett Water Well Drilling Revenue in Water Well Drilling Business (2019-2024)
11.14.5 Bennett Water Well Drilling Recent Development
11.15 Casey well drilling
11.15.1 Casey well drilling Company Detail
11.15.2 Casey well drilling Business Overview
11.15.3 Casey well drilling Water Well Drilling Introduction
11.15.4 Casey well drilling Revenue in Water Well Drilling Business (2019-2024)
11.15.5 Casey well drilling Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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