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Global Water Well Drilling Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 113 pages | ID: G4DADB72F7ADEN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global Water Well Drilling market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% 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.

Report Scope

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.

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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research 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
  • 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
Water 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
Water Well Drilling segment by Application
  • Domestic Use
  • Industrial Use
  • Irrigation
  • Others
Water Well Drilling Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Water Well Drilling market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Water Well Drilling and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Water Well Drilling.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). 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: 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 3: 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Water Well Drilling companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Water Well Drilling Market Size Overview by Region 2019 VS 2023 VS 2030
1.4 Global Water Well Drilling Market Size by Region (2019-2030)
  1.4.1 Global Water Well Drilling Market Size by Region (2019-2024)
  1.4.2 Global Water Well Drilling Market Size by Region (2025-2030)
1.5 Key Regions Water Well Drilling Market Size (2019-2030)
  1.5.1 North America Water Well Drilling Market Size Growth Rate (2019-2030)
  1.5.2 Europe Water Well Drilling Market Size Growth Rate (2019-2030)
  1.5.3 Asia-Pacific Water Well Drilling Market Size Growth Rate (2019-2030)
  1.5.4 Latin America Water Well Drilling Market Size Growth Rate (2019-2030)
  1.5.5 Middle East & Africa Water Well Drilling Market Size Growth Rate (2019-2030)

2 WATER WELL DRILLING MARKET BY TYPE

2.1 Type 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
  2.2.1 Global Water Well Drilling Market Size Overview by Type (2019-2030)
  2.2.2 Global Water Well Drilling Historic Market Size Review by Type (2019-2024)
  2.2.3 Global Water Well Drilling Market Size Forecasted by Type (2025-2030)
2.3 Global Water Well Drilling Market Size by Regions
  2.3.1 North America Water Well Drilling Market Size Breakdown by Type (2019-2024)
  2.3.2 Europe Water Well Drilling Market Size Breakdown by Type (2019-2024)
  2.3.3 Asia-Pacific Water Well Drilling Market Size Breakdown by Type (2019-2024)
  2.3.4 Latin America Water Well Drilling Market Size Breakdown by Type (2019-2024)
  2.3.5 Middle East and Africa Water Well Drilling Market Size Breakdown by Type (2019-2024)

3 WATER WELL DRILLING MARKET BY APPLICATION

3.1 Type 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
  3.2.1 Global Water Well Drilling Market Size Overview by Application (2019-2030)
  3.2.2 Global Water Well Drilling Historic Market Size Review by Application (2019-2024)
  3.2.3 Global Water Well Drilling Market Size Forecasted by Application (2025-2030)
3.3 Global Water Well Drilling Market Size by Regions
  3.3.1 North America Water Well Drilling Market Size Breakdown by Application (2019-2024)
  3.3.2 Europe Water Well Drilling Market Size Breakdown by Application (2019-2024)
  3.3.3 Asia-Pacific Water Well Drilling Market Size Breakdown by Application (2019-2024)
  3.3.4 Latin America Water Well Drilling Market Size Breakdown by Application (2019-2024)
  3.3.5 Middle East and Africa Water Well Drilling Market Size Breakdown by Application (2019-2024)

4 GLOBAL MARKET DYNAMICS

4.1 Water Well Drilling Industry Trends
4.2 Water Well Drilling Industry Drivers
4.3 Water Well Drilling Industry Opportunities and Challenges
4.4 Water Well Drilling Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by Water Well Drilling Revenue (2019-2024)
5.2 Global Water Well Drilling Industry Company Ranking, 2022 VS 2023 VS 2024
5.3 Global Water Well Drilling Key Company Headquarters & Area Served
5.4 Global Water Well Drilling Company, Product Type & Application
5.5 Global Water Well Drilling Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global Water Well Drilling Market CR5 and HHI
  5.6.2 Global Top 5 and 10 Water Well Drilling Players Market Share by Revenue in 2023
  5.6.3 2023 Water Well Drilling Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 Layne
  6.1.1 Layne Comapny Information
  6.1.2 Layne Business Overview
  6.1.3 Layne Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.1.4 Layne Water Well Drilling Product Portfolio
  6.1.5 Layne Recent Developments
6.2 Weninger Drilling, Llc
  6.2.1 Weninger Drilling, Llc Comapny Information
  6.2.2 Weninger Drilling, Llc Business Overview
  6.2.3 Weninger Drilling, Llc Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.2.4 Weninger Drilling, Llc Water Well Drilling Product Portfolio
  6.2.5 Weninger Drilling, Llc Recent Developments
6.3 Tampa Well Drilling
  6.3.1 Tampa Well Drilling Comapny Information
  6.3.2 Tampa Well Drilling Business Overview
  6.3.3 Tampa Well Drilling Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.3.4 Tampa Well Drilling Water Well Drilling Product Portfolio
  6.3.5 Tampa Well Drilling Recent Developments
6.4 Gordon and Sons
  6.4.1 Gordon and Sons Comapny Information
  6.4.2 Gordon and Sons Business Overview
  6.4.3 Gordon and Sons Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.4.4 Gordon and Sons Water Well Drilling Product Portfolio
  6.4.5 Gordon and Sons Recent Developments
6.5 Barco Well Service
  6.5.1 Barco Well Service Comapny Information
  6.5.2 Barco Well Service Business Overview
  6.5.3 Barco Well Service Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.5.4 Barco Well Service Water Well Drilling Product Portfolio
  6.5.5 Barco Well Service Recent Developments
6.6 Johnson Water Well Drilling
  6.6.1 Johnson Water Well Drilling Comapny Information
  6.6.2 Johnson Water Well Drilling Business Overview
  6.6.3 Johnson Water Well Drilling Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.6.4 Johnson Water Well Drilling Water Well Drilling Product Portfolio
  6.6.5 Johnson Water Well Drilling Recent Developments
6.7 Nelson Drilling Company
  6.7.1 Nelson Drilling Company Comapny Information
  6.7.2 Nelson Drilling Company Business Overview
  6.7.3 Nelson Drilling Company Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.7.4 Nelson Drilling Company Water Well Drilling Product Portfolio
  6.7.5 Nelson Drilling Company Recent Developments
6.8 Jackson Water Well
  6.8.1 Jackson Water Well Comapny Information
  6.8.2 Jackson Water Well Business Overview
  6.8.3 Jackson Water Well Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.8.4 Jackson Water Well Water Well Drilling Product Portfolio
  6.8.5 Jackson Water Well Recent Developments
6.9 Craig Waterwell & Drilling Ltd
  6.9.1 Craig Waterwell & Drilling Ltd Comapny Information
  6.9.2 Craig Waterwell & Drilling Ltd Business Overview
  6.9.3 Craig Waterwell & Drilling Ltd Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.9.4 Craig Waterwell & Drilling Ltd Water Well Drilling Product Portfolio
  6.9.5 Craig Waterwell & Drilling Ltd Recent Developments
6.10 Mikes Drilling & Pump Service
  6.10.1 Mikes Drilling & Pump Service Comapny Information
  6.10.2 Mikes Drilling & Pump Service Business Overview
  6.10.3 Mikes Drilling & Pump Service Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.10.4 Mikes Drilling & Pump Service Water Well Drilling Product Portfolio
  6.10.5 Mikes Drilling & Pump Service Recent Developments
6.11 Loman Drilling Inc
  6.11.1 Loman Drilling Inc Comapny Information
  6.11.2 Loman Drilling Inc Business Overview
  6.11.3 Loman Drilling Inc Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.11.4 Loman Drilling Inc Water Well Drilling Product Portfolio
  6.11.5 Loman Drilling Inc Recent Developments
6.12 Jim Jeffers Well Drilling
  6.12.1 Jim Jeffers Well Drilling Comapny Information
  6.12.2 Jim Jeffers Well Drilling Business Overview
  6.12.3 Jim Jeffers Well Drilling Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.12.4 Jim Jeffers Well Drilling Water Well Drilling Product Portfolio
  6.12.5 Jim Jeffers Well Drilling Recent Developments
6.13 Caster Drilling Enterprises
  6.13.1 Caster Drilling Enterprises Comapny Information
  6.13.2 Caster Drilling Enterprises Business Overview
  6.13.3 Caster Drilling Enterprises Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.13.4 Caster Drilling Enterprises Water Well Drilling Product Portfolio
  6.13.5 Caster Drilling Enterprises Recent Developments
6.14 Bennett Water Well Drilling
  6.14.1 Bennett Water Well Drilling Comapny Information
  6.14.2 Bennett Water Well Drilling Business Overview
  6.14.3 Bennett Water Well Drilling Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.14.4 Bennett Water Well Drilling Water Well Drilling Product Portfolio
  6.14.5 Bennett Water Well Drilling Recent Developments
6.15 Casey well drilling
  6.15.1 Casey well drilling Comapny Information
  6.15.2 Casey well drilling Business Overview
  6.15.3 Casey well drilling Water Well Drilling Revenue, Global Share and Gross Margin (2019-2024)
  6.15.4 Casey well drilling Water Well Drilling Product Portfolio
  6.15.5 Casey well drilling Recent Developments

7 NORTH AMERICA

7.1 North America Water Well Drilling Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2 North America Water Well Drilling Market Size by Country (2019-2024)
7.3 North America Water Well Drilling Market Size Forecast by Country (2025-2030)

8 EUROPE

8.1 Europe Water Well Drilling Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2 Europe Water Well Drilling Market Size by Country (2019-2024)
8.3 Europe Water Well Drilling Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific Water Well Drilling Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2 Asia-Pacific Water Well Drilling Market Size by Country (2019-2024)
9.3 Asia-Pacific Water Well Drilling Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA

10.1 Latin America Water Well Drilling Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2 Latin America Water Well Drilling Market Size by Country (2019-2024)
10.3 Latin America Water Well Drilling Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Water Well Drilling Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2 Middle East & Africa Water Well Drilling Market Size by Country (2019-2024)
11.3 Middle East & Africa Water Well Drilling Market Size Forecast by Country (2025-2030)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


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