Global Water Drilling Rigs Market Growth 2023-2029

Global Water Drilling Rigs Market Growth 2023-2029

A water drilling rig is an integrated system that drills water in the earth's subsurface.
LPI (LP Information)' newest research report, the “Water Drilling Rigs Industry Forecast” looks at past sales and reviews total world Water Drilling Rigs sales in 2022, providing a comprehensive analysis by region and market sector of projected Water Drilling Rigs sales for 2023 through 2029. With Water Drilling Rigs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Drilling Rigs industry.
This Insight Report provides a comprehensive analysis of the global Water Drilling Rigs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Drilling Rigs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Drilling Rigs market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Drilling Rigs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Water Drilling Rigs.
The global Water Drilling Rigs market size is projected to grow from US$ 165.3 million in 2022 to US$ 202 million in 2029; it is expected to grow at a CAGR of 202 from 2023 to 2029.
Global Water Drilling Rig key players include Epiroc, Bauer Equipment, XCMG, Shandong Binzhou Forging and Pressing Machinery Factory, FRASTE, etc. Global top five manufacturers hold a share about 25%. China is the largest market, with a share about 37%, followed by North America and Europe, both have a share about 24 percent. In terms of product, Single Arm Rock Drilling Jumbo is the largest segment, with a share over 43%. And in terms of application, the largest application is Mining, followed by Railway and Highway Construction, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Drilling Rigs market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Crawler Water Drilling Rig
Vehicle Mounted Water Drilling Rig
Segmentation by application
Agriculture and Forestry
Municipal Engineering
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Epiroc
Bauer Equipment
XCMG
Shandong Binzhou Forging And Pressing Machinery Factory
FRASTE
Koken Boring Machine
Shanghai Jintai Engineering Machinery Co.,Ltd
Mait Spa
Zhangjiakou Xuanhua Jinke Drilling Machinery Co., Ltd
PRD RIGS
COMACCHIO
Hebei Shitan Machinery Manufacturing Co., Ltd.
Schramm
Hengwang Group
Prakla Bohrtechnik GmbH
Shandong Linquan Heavy Industry Machinery Co., Ltd.
Kejr
REICHdrill LLC
Jiangsu Wuxi Mineral Exploration Machinery General Factory Co., Ltd.
Shandong Longye Machinery
Massenza Drilling Rigs
TMG Manufacturing

Key Questions Addressed in this Report
What is the 10-year outlook for the global Water Drilling Rigs market?
What factors are driving Water Drilling Rigs market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Water Drilling Rigs market opportunities vary by end market size?
How does Water Drilling Rigs break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.