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Water Well Drilling-Global Market Insights and Sales Trends 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 $20 million in annual revenues. Some of the largest companies have diversified into other areas of construction or other types of drilling projects, such as oil, natural gas, and geothermal wells.
The nation's water supply comes from surface sources such as lakes, rivers, and streams, in addition to vast underground aquifers. Groundwater has often been preferred over surface water for use in homes and industry because it is relatively inexpensive to develop and treat, it contains no sediment, its chemical quality remains constant, and facilities to develop it can be situated on small plots of ground. Of the 408 trillion gallons of water consumed daily in the United States in the early 2000s, nearly 20 percent was ground water.
Contractors who drill wells to tap into underground water are largely dependent on new construction. In fact, community water mains and wells for single-family houses account for the vast majority of all business done by this industry. More than 15 million water wells provide 79.4 billion gallons of ground water daily to U.S. residents for community and single-family use, irrigation, livestock, and other agricultural, commercial, and industrial purposes. Irrigation accounted for the largest portion (60 billion gallons) of ground water usage.
This Report covers special trade contractors primarily engaged in water well drilling. Establishments primarily engaged in drilling oil or gas field water intake wells on a contract or fee basis are classified in.
The global Water Well Drilling market size is expected to reach US$ 5865 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Water Well Drilling in various end use industries. The expanding demands from the Domestic Use, Industrial Use, Irrigation and Others, are propelling Water Well Drilling market. <4" Diameter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 4"~8" Diameter (8" not covered) segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Water Well Drilling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Water Well Drilling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Water Well Drilling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Water Well Drilling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Water Well Drilling covered in this report include Layne, Weninger Drilling, Llc, Tampa Well Drilling, Gordon and Sons, Barco Well Service, Johnson Water Well Drilling, Nelson Drilling Company, Jackson Water Well and Craig Waterwell & Drilling Ltd, etc.
The global Water Well Drilling market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Water Well Drilling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Water Well Drilling market, 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
Global Water Well Drilling market, by Application
Domestic Use
Industrial Use
Irrigation
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Water Well Drilling companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Establishments engaged in water well drilling tend to be small, independent contractors. Even the industry leaders tend to be small, seldom generating more than $20 million in annual revenues. Some of the largest companies have diversified into other areas of construction or other types of drilling projects, such as oil, natural gas, and geothermal wells.
The nation's water supply comes from surface sources such as lakes, rivers, and streams, in addition to vast underground aquifers. Groundwater has often been preferred over surface water for use in homes and industry because it is relatively inexpensive to develop and treat, it contains no sediment, its chemical quality remains constant, and facilities to develop it can be situated on small plots of ground. Of the 408 trillion gallons of water consumed daily in the United States in the early 2000s, nearly 20 percent was ground water.
Contractors who drill wells to tap into underground water are largely dependent on new construction. In fact, community water mains and wells for single-family houses account for the vast majority of all business done by this industry. More than 15 million water wells provide 79.4 billion gallons of ground water daily to U.S. residents for community and single-family use, irrigation, livestock, and other agricultural, commercial, and industrial purposes. Irrigation accounted for the largest portion (60 billion gallons) of ground water usage.
This Report covers special trade contractors primarily engaged in water well drilling. Establishments primarily engaged in drilling oil or gas field water intake wells on a contract or fee basis are classified in.
The global Water Well Drilling market size is expected to reach US$ 5865 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Water Well Drilling in various end use industries. The expanding demands from the Domestic Use, Industrial Use, Irrigation and Others, are propelling Water Well Drilling market. <4" Diameter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 4"~8" Diameter (8" not covered) segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Water Well Drilling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Water Well Drilling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Water Well Drilling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Water Well Drilling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Water Well Drilling covered in this report include Layne, Weninger Drilling, Llc, Tampa Well Drilling, Gordon and Sons, Barco Well Service, Johnson Water Well Drilling, Nelson Drilling Company, Jackson Water Well and Craig Waterwell & Drilling Ltd, etc.
The global Water Well Drilling market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Water Well Drilling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Water Well Drilling market, 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
Global Water Well Drilling market, by Application
Domestic Use
Industrial Use
Irrigation
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Water Well Drilling companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Water Well Drilling
1.1 Water Well Drilling Market Overview
1.1.1 Water Well Drilling Product Scope
1.1.2 Water Well Drilling Market Status and Outlook
1.2 Global Water Well Drilling Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Water Well Drilling Market Size by Region (2018-2029)
1.4 Global Water Well Drilling Historic Market Size by Region (2018-2023)
1.5 Global Water Well Drilling Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Water Well Drilling Market Size (2018-2029)
1.6.1 North America Water Well Drilling Market Size (2018-2029)
1.6.2 Europe Water Well Drilling Market Size (2018-2029)
1.6.3 Asia-Pacific Water Well Drilling Market Size (2018-2029)
1.6.4 Latin America Water Well Drilling Market Size (2018-2029)
1.6.5 Middle East & Africa Water Well Drilling Market Size (2018-2029)
2 Water Well Drilling Market by Type
2.1 Introduction
2.1.1 <4" Diameter
2.1.2 4"~8" Diameter (8" not covered)
2.1.3 8"~10"Diameter (10" not covered)
2.1.4 10"~12" Diameter (12" not covered)
2.1.5 >12" Diameter
2.2 Global Water Well Drilling Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Water Well Drilling Historic Market Size by Type (2018-2023)
2.2.2 Global Water Well Drilling Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Water Well Drilling Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Water Well Drilling Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Water Well Drilling Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Water Well Drilling Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Water Well Drilling Revenue Breakdown by Type (2018-2029)
3 Water Well Drilling Market Overview by Application
3.1 Introduction
3.1.1 Domestic Use
3.1.2 Industrial Use
3.1.3 Irrigation
3.1.4 Others
3.2 Global Water Well Drilling Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Water Well Drilling Historic Market Size by Application (2018-2023)
3.2.2 Global Water Well Drilling Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Water Well Drilling Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Water Well Drilling Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Water Well Drilling Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Water Well Drilling Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Water Well Drilling Revenue Breakdown by Application (2018-2029)
4 Water Well Drilling Competition Analysis by Players
4.1 Global Water Well Drilling Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Water Well Drilling as of 2022)
4.3 Date of Key Players Enter into Water Well Drilling Market
4.4 Global Top Players Water Well Drilling Headquarters and Area Served
4.5 Key Players Water Well Drilling Product Solution and Service
4.6 Competitive Status
4.6.1 Water Well Drilling Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Layne
5.1.1 Layne Profile
5.1.2 Layne Main Business
5.1.3 Layne Water Well Drilling Products, Services and Solutions
5.1.4 Layne Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.1.5 Layne Recent Developments
5.2 Weninger Drilling, Llc
5.2.1 Weninger Drilling, Llc Profile
5.2.2 Weninger Drilling, Llc Main Business
5.2.3 Weninger Drilling, Llc Water Well Drilling Products, Services and Solutions
5.2.4 Weninger Drilling, Llc Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.2.5 Weninger Drilling, Llc Recent Developments
5.3 Tampa Well Drilling
5.3.1 Tampa Well Drilling Profile
5.3.2 Tampa Well Drilling Main Business
5.3.3 Tampa Well Drilling Water Well Drilling Products, Services and Solutions
5.3.4 Tampa Well Drilling Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.3.5 Gordon and Sons Recent Developments
5.4 Gordon and Sons
5.4.1 Gordon and Sons Profile
5.4.2 Gordon and Sons Main Business
5.4.3 Gordon and Sons Water Well Drilling Products, Services and Solutions
5.4.4 Gordon and Sons Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.4.5 Gordon and Sons Recent Developments
5.5 Barco Well Service
5.5.1 Barco Well Service Profile
5.5.2 Barco Well Service Main Business
5.5.3 Barco Well Service Water Well Drilling Products, Services and Solutions
5.5.4 Barco Well Service Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.5.5 Barco Well Service Recent Developments
5.6 Johnson Water Well Drilling
5.6.1 Johnson Water Well Drilling Profile
5.6.2 Johnson Water Well Drilling Main Business
5.6.3 Johnson Water Well Drilling Water Well Drilling Products, Services and Solutions
5.6.4 Johnson Water Well Drilling Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.6.5 Johnson Water Well Drilling Recent Developments
5.7 Nelson Drilling Company
5.7.1 Nelson Drilling Company Profile
5.7.2 Nelson Drilling Company Main Business
5.7.3 Nelson Drilling Company Water Well Drilling Products, Services and Solutions
5.7.4 Nelson Drilling Company Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.7.5 Nelson Drilling Company Recent Developments
5.8 Jackson Water Well
5.8.1 Jackson Water Well Profile
5.8.2 Jackson Water Well Main Business
5.8.3 Jackson Water Well Water Well Drilling Products, Services and Solutions
5.8.4 Jackson Water Well Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.8.5 Jackson Water Well Recent Developments
5.9 Craig Waterwell & Drilling Ltd
5.9.1 Craig Waterwell & Drilling Ltd Profile
5.9.2 Craig Waterwell & Drilling Ltd Main Business
5.9.3 Craig Waterwell & Drilling Ltd Water Well Drilling Products, Services and Solutions
5.9.4 Craig Waterwell & Drilling Ltd Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.9.5 Craig Waterwell & Drilling Ltd Recent Developments
5.10 Mikes Drilling & Pump Service
5.10.1 Mikes Drilling & Pump Service Profile
5.10.2 Mikes Drilling & Pump Service Main Business
5.10.3 Mikes Drilling & Pump Service Water Well Drilling Products, Services and Solutions
5.10.4 Mikes Drilling & Pump Service Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.10.5 Mikes Drilling & Pump Service Recent Developments
5.11 Loman Drilling Inc
5.11.1 Loman Drilling Inc Profile
5.11.2 Loman Drilling Inc Main Business
5.11.3 Loman Drilling Inc Water Well Drilling Products, Services and Solutions
5.11.4 Loman Drilling Inc Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.11.5 Loman Drilling Inc Recent Developments
5.12 Jim Jeffers Well Drilling
5.12.1 Jim Jeffers Well Drilling Profile
5.12.2 Jim Jeffers Well Drilling Main Business
5.12.3 Jim Jeffers Well Drilling Water Well Drilling Products, Services and Solutions
5.12.4 Jim Jeffers Well Drilling Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.12.5 Jim Jeffers Well Drilling Recent Developments
5.13 Caster Drilling Enterprises
5.13.1 Caster Drilling Enterprises Profile
5.13.2 Caster Drilling Enterprises Main Business
5.13.3 Caster Drilling Enterprises Water Well Drilling Products, Services and Solutions
5.13.4 Caster Drilling Enterprises Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.13.5 Caster Drilling Enterprises Recent Developments
5.14 Bennett Water Well Drilling
5.14.1 Bennett Water Well Drilling Profile
5.14.2 Bennett Water Well Drilling Main Business
5.14.3 Bennett Water Well Drilling Water Well Drilling Products, Services and Solutions
5.14.4 Bennett Water Well Drilling Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.14.5 Bennett Water Well Drilling Recent Developments
5.15 Casey well drilling
5.15.1 Casey well drilling Profile
5.15.2 Casey well drilling Main Business
5.15.3 Casey well drilling Water Well Drilling Products, Services and Solutions
5.15.4 Casey well drilling Water Well Drilling Revenue (US$ Million) & (2018-2023)
5.15.5 Casey well drilling Recent Developments
6 North America
6.1 North America Water Well Drilling Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Water Well Drilling Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Water Well Drilling Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Water Well Drilling Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Water Well Drilling Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Water Well Drilling Market Dynamics
11.1 Water Well Drilling Industry Trends
11.2 Water Well Drilling Market Drivers
11.3 Water Well Drilling Market Challenges
11.4 Water Well Drilling Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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