Report Detail
Global Water Well Drilling Market Growth (Status and Outlook) 2019-2024
- RnM3072357 |
- 07 March, 2019 |
- Global |
- 137 Pages |
- LPI(LP Information) |
- Service & Software
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 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. For example, 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.
Housing starts in the early 2017 remained strong, despite a weakening economy. The water well drilling industry was mature and somewhat overserved from both a manufacturing and distribution standpoint. Manufacturers had excess capacity, and distributors were readily available to serve contractors. The environmental business had been the source of most growth for some years. Drillers who offered new and differentiated products were seeing success in their marketing efforts. Increasing emphasis on service and quick responses to customer needs was separating the firms that were growing from those that were merely retaining their market share.
According to this study, over the next five years the Water Well Drilling market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 5040 million by 2024, from US$ 4260 million in 2019. In particular, this report presents the global revenue market share of key companies in Water Well Drilling business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Water Well Drilling market by product type, application, key companies and key regions.
This study considers the Water Well Drilling value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
12 Diameter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Domestic Use
Industrial Use
Irrigation
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Layne
Weninger Drilling, Llc
Tampa Well Drilling
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
Gordon and Sons
Casey well drilling
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Water Well Drilling market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Water Well Drilling market by identifying its various subsegments.
Focuses on the key global Water Well Drilling players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Well Drilling with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Water Well Drilling submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Water Well Drilling Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Water Well Drilling Market Size 2014-2024
- 2.1.2 Water Well Drilling Market Size CAGR by Region
- 2.2 Water Well Drilling Segment by Type
- 2.2.1 <4 Diameter
- 2.2.2 4~8 Diameter (8 not covered)
- 2.2.3 8~10Diameter (10 not covered)
- 2.2.4 10"~12" Diameter (12" not covered)
- 2.2.5 >12 Diameter
- 2.3 Water Well Drilling Market Size by Type
- 2.3.1 Global Water Well Drilling Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Water Well Drilling Market Size Growth Rate by Type (2014-2019)
- 2.4 Water Well Drilling Segment by Application
- 2.4.1 Domestic Use
- 2.4.2 Industrial Use
- 2.4.3 Irrigation
- 2.4.4 Others
- 2.5 Water Well Drilling Market Size by Application
- 2.5.1 Global Water Well Drilling Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Water Well Drilling Market Size Growth Rate by Application (2014-2019)
3 Global Water Well Drilling by Players
- 3.1 Global Water Well Drilling Market Size Market Share by Players
- 3.1.1 Global Water Well Drilling Market Size by Players (2017-2019)
- 3.1.2 Global Water Well Drilling Market Size Market Share by Players (2017-2019)
- 3.2 Global Water Well Drilling Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Water Well Drilling by Regions
- 4.1 Water Well Drilling Market Size by Regions
- 4.2 Americas Water Well Drilling Market Size Growth
- 4.3 APAC Water Well Drilling Market Size Growth
- 4.4 Europe Water Well Drilling Market Size Growth
- 4.5 Middle East & Africa Water Well Drilling Market Size Growth
5 Americas
- 5.1 Americas Water Well Drilling Market Size by Countries
- 5.2 Americas Water Well Drilling Market Size by Type
- 5.3 Americas Water Well Drilling Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Water Well Drilling Market Size by Countries
- 6.2 APAC Water Well Drilling Market Size by Type
- 6.3 APAC Water Well Drilling Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Water Well Drilling by Countries
- 7.2 Europe Water Well Drilling Market Size by Type
- 7.3 Europe Water Well Drilling Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Water Well Drilling by Countries
- 8.2 Middle East & Africa Water Well Drilling Market Size by Type
- 8.3 Middle East & Africa Water Well Drilling Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Water Well Drilling Market Forecast
- 10.1 Global Water Well Drilling Market Size Forecast (2019-2024)
- 10.2 Global Water Well Drilling Forecast by Regions
- 10.2.1 Global Water Well Drilling Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Water Well Drilling Forecast by Type
- 10.8 Global Water Well Drilling Forecast by Application
11 Key Players Analysis
- 11.1 Layne
- 11.1.1 Company Details
- 11.1.2 Water Well Drilling Product Offered
- 11.1.3 Layne Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 Layne News
- 11.2 Weninger Drilling, Llc
- 11.2.1 Company Details
- 11.2.2 Water Well Drilling Product Offered
- 11.2.3 Weninger Drilling, Llc Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 Weninger Drilling, Llc News
- 11.3 Tampa Well Drilling
- 11.3.1 Company Details
- 11.3.2 Water Well Drilling Product Offered
- 11.3.3 Tampa Well Drilling Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Tampa Well Drilling News
- 11.4 Barco Well Service
- 11.4.1 Company Details
- 11.4.2 Water Well Drilling Product Offered
- 11.4.3 Barco Well Service Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Barco Well Service News
- 11.5 Johnson Water Well Drilling
- 11.5.1 Company Details
- 11.5.2 Water Well Drilling Product Offered
- 11.5.3 Johnson Water Well Drilling Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Johnson Water Well Drilling News
- 11.6 Nelson Drilling Company
- 11.6.1 Company Details
- 11.6.2 Water Well Drilling Product Offered
- 11.6.3 Nelson Drilling Company Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Nelson Drilling Company News
- 11.7 Jackson Water Well
- 11.7.1 Company Details
- 11.7.2 Water Well Drilling Product Offered
- 11.7.3 Jackson Water Well Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 Jackson Water Well News
- 11.8 Craig Waterwell & Drilling Ltd
- 11.8.1 Company Details
- 11.8.2 Water Well Drilling Product Offered
- 11.8.3 Craig Waterwell & Drilling Ltd Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Craig Waterwell & Drilling Ltd News
- 11.9 Mikes Drilling & Pump Service
- 11.9.1 Company Details
- 11.9.2 Water Well Drilling Product Offered
- 11.9.3 Mikes Drilling & Pump Service Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 Mikes Drilling & Pump Service News
- 11.10 Loman Drilling Inc
- 11.10.1 Company Details
- 11.10.2 Water Well Drilling Product Offered
- 11.10.3 Loman Drilling Inc Water Well Drilling Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 Loman Drilling Inc News
- 11.11 Jim Jeffers Well Drilling
- 11.12 Caster Drilling Enterprises
- 11.13 Bennett Water Well Drilling
- 11.14 Gordon and Sons
- 11.15 Casey well drilling
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Water Well Drilling. Industry analysis & Market Report on Water Well Drilling is a syndicated market report, published as Global Water Well Drilling Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Water Well Drilling market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
