Water Well Drilling Industry Research Report 2024

Water Well Drilling Industry Research Report 2024


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 valued at US$ million in 2023 and is anticipated to reach 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, price, and sales 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)
8~10Diameter (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
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

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 volume and 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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, 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 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments 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 5: 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 6: Detailed analysis of Water Well Drilling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: 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 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Water Well Drilling by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
2.2.2 <4 Diameter
2.2.3 4~8 Diameter (8 not covered)
2.2.4 8~10Diameter (10 not covered)
2.2.5 10~12 Diameter (12 not covered)
2.2.6 >12 Diameter
2.3 Water Well Drilling by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Domestic Use
2.3.3 Industrial Use
2.3.4 Irrigation
2.3.5 Others
2.4 Assumptions and Limitations
3 Water Well Drilling Breakdown Data by Type
3.1 Global Water Well Drilling Historic Market Size by Type (2019-2024)
3.2 Global Water Well Drilling Forecasted Market Size by Type (2025-2030)
4 Water Well Drilling Breakdown Data by Application
4.1 Global Water Well Drilling Historic Market Size by Application (2019-2024)
4.2 Global Water Well Drilling Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Water Well Drilling Market Perspective (2019-2030)
5.2 Global Water Well Drilling Growth Trends by Region
5.2.1 Global Water Well Drilling Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Water Well Drilling Historic Market Size by Region (2019-2024)
5.2.3 Water Well Drilling Forecasted Market Size by Region (2025-2030)
5.3 Water Well Drilling Market Dynamics
5.3.1 Water Well Drilling Industry Trends
5.3.2 Water Well Drilling Market Drivers
5.3.3 Water Well Drilling Market Challenges
5.3.4 Water Well Drilling Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Water Well Drilling Players by Revenue
6.1.1 Global Top Water Well Drilling Players by Revenue (2019-2024)
6.1.2 Global Water Well Drilling Revenue Market Share by Players (2019-2024)
6.2 Global Water Well Drilling Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Water Well Drilling Head office and Area Served
6.4 Global Water Well Drilling Players, Product Type & Application
6.5 Global Water Well Drilling Players, Date of Enter into This Industry
6.6 Global Water Well Drilling Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Water Well Drilling Market Size (2019-2030)
7.2 North America Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Water Well Drilling Market Size by Country (2019-2024)
7.4 North America Water Well Drilling Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Water Well Drilling Market Size (2019-2030)
8.2 Europe Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Water Well Drilling Market Size by Country (2019-2024)
8.4 Europe Water Well Drilling Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Water Well Drilling Market Size (2019-2030)
9.2 Asia-Pacific Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Water Well Drilling Market Size by Country (2019-2024)
9.4 Asia-Pacific Water Well Drilling Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia
10 Latin America
10.1 Latin America Water Well Drilling Market Size (2019-2030)
10.2 Latin America Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Water Well Drilling Market Size by Country (2019-2024)
10.4 Latin America Water Well Drilling Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Water Well Drilling Market Size (2019-2030)
11.2 Middle East & Africa Water Well Drilling Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Water Well Drilling Market Size by Country (2019-2024)
11.4 Middle East & Africa Water Well Drilling Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE
12 Players Profiled
12.1 Layne
12.1.1 Layne Company Information
12.1.2 Layne Business Overview
12.1.3 Layne Revenue in Water Well Drilling Business (2019-2024)
12.1.4 Layne Water Well Drilling Product Portfolio
12.1.5 Layne Recent Developments
12.2 Weninger Drilling, Llc
12.2.1 Weninger Drilling, Llc Company Information
12.2.2 Weninger Drilling, Llc Business Overview
12.2.3 Weninger Drilling, Llc Revenue in Water Well Drilling Business (2019-2024)
12.2.4 Weninger Drilling, Llc Water Well Drilling Product Portfolio
12.2.5 Weninger Drilling, Llc Recent Developments
12.3 Tampa Well Drilling
12.3.1 Tampa Well Drilling Company Information
12.3.2 Tampa Well Drilling Business Overview
12.3.3 Tampa Well Drilling Revenue in Water Well Drilling Business (2019-2024)
12.3.4 Tampa Well Drilling Water Well Drilling Product Portfolio
12.3.5 Tampa Well Drilling Recent Developments
12.4 Gordon and Sons
12.4.1 Gordon and Sons Company Information
12.4.2 Gordon and Sons Business Overview
12.4.3 Gordon and Sons Revenue in Water Well Drilling Business (2019-2024)
12.4.4 Gordon and Sons Water Well Drilling Product Portfolio
12.4.5 Gordon and Sons Recent Developments
12.5 Barco Well Service
12.5.1 Barco Well Service Company Information
12.5.2 Barco Well Service Business Overview
12.5.3 Barco Well Service Revenue in Water Well Drilling Business (2019-2024)
12.5.4 Barco Well Service Water Well Drilling Product Portfolio
12.5.5 Barco Well Service Recent Developments
12.6 Johnson Water Well Drilling
12.6.1 Johnson Water Well Drilling Company Information
12.6.2 Johnson Water Well Drilling Business Overview
12.6.3 Johnson Water Well Drilling Revenue in Water Well Drilling Business (2019-2024)
12.6.4 Johnson Water Well Drilling Water Well Drilling Product Portfolio
12.6.5 Johnson Water Well Drilling Recent Developments
12.7 Nelson Drilling Company
12.7.1 Nelson Drilling Company Company Information
12.7.2 Nelson Drilling Company Business Overview
12.7.3 Nelson Drilling Company Revenue in Water Well Drilling Business (2019-2024)
12.7.4 Nelson Drilling Company Water Well Drilling Product Portfolio
12.7.5 Nelson Drilling Company Recent Developments
12.8 Jackson Water Well
12.8.1 Jackson Water Well Company Information
12.8.2 Jackson Water Well Business Overview
12.8.3 Jackson Water Well Revenue in Water Well Drilling Business (2019-2024)
12.8.4 Jackson Water Well Water Well Drilling Product Portfolio
12.8.5 Jackson Water Well Recent Developments
12.9 Craig Waterwell & Drilling Ltd
12.9.1 Craig Waterwell & Drilling Ltd Company Information
12.9.2 Craig Waterwell & Drilling Ltd Business Overview
12.9.3 Craig Waterwell & Drilling Ltd Revenue in Water Well Drilling Business (2019-2024)
12.9.4 Craig Waterwell & Drilling Ltd Water Well Drilling Product Portfolio
12.9.5 Craig Waterwell & Drilling Ltd Recent Developments
12.10 Mikes Drilling & Pump Service
12.10.1 Mikes Drilling & Pump Service Company Information
12.10.2 Mikes Drilling & Pump Service Business Overview
12.10.3 Mikes Drilling & Pump Service Revenue in Water Well Drilling Business (2019-2024)
12.10.4 Mikes Drilling & Pump Service Water Well Drilling Product Portfolio
12.10.5 Mikes Drilling & Pump Service Recent Developments
12.11 Loman Drilling Inc
12.11.1 Loman Drilling Inc Company Information
12.11.2 Loman Drilling Inc Business Overview
12.11.3 Loman Drilling Inc Revenue in Water Well Drilling Business (2019-2024)
12.11.4 Loman Drilling Inc Water Well Drilling Product Portfolio
12.11.5 Loman Drilling Inc Recent Developments
12.12 Jim Jeffers Well Drilling
12.12.1 Jim Jeffers Well Drilling Company Information
12.12.2 Jim Jeffers Well Drilling Business Overview
12.12.3 Jim Jeffers Well Drilling Revenue in Water Well Drilling Business (2019-2024)
12.12.4 Jim Jeffers Well Drilling Water Well Drilling Product Portfolio
12.12.5 Jim Jeffers Well Drilling Recent Developments
12.13 Caster Drilling Enterprises
12.13.1 Caster Drilling Enterprises Company Information
12.13.2 Caster Drilling Enterprises Business Overview
12.13.3 Caster Drilling Enterprises Revenue in Water Well Drilling Business (2019-2024)
12.13.4 Caster Drilling Enterprises Water Well Drilling Product Portfolio
12.13.5 Caster Drilling Enterprises Recent Developments
12.14 Bennett Water Well Drilling
12.14.1 Bennett Water Well Drilling Company Information
12.14.2 Bennett Water Well Drilling Business Overview
12.14.3 Bennett Water Well Drilling Revenue in Water Well Drilling Business (2019-2024)
12.14.4 Bennett Water Well Drilling Water Well Drilling Product Portfolio
12.14.5 Bennett Water Well Drilling Recent Developments
12.15 Casey well drilling
12.15.1 Casey well drilling Company Information
12.15.2 Casey well drilling Business Overview
12.15.3 Casey well drilling Revenue in Water Well Drilling Business (2019-2024)
12.15.4 Casey well drilling Water Well Drilling Product Portfolio
12.15.5 Casey well drilling Recent Developments
13 Report Conclusion
14 Disclaimer

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