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 our (Global Info Research) latest study, the global Water Well Drilling market size was valued at USD 4894.7 million in 2022 and is forecast to a readjusted size of USD 5967.3 million by 2029 with a CAGR of 2.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. 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. This report is a detailed and comprehensive analysis for global Water Well Drilling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Water Well Drilling market size and forecasts, in consumption value ($ Million), 2018-2029 Global Water Well Drilling market size and forecasts by region and country, in consumption value ($ Million), 2018-2029 Global Water Well Drilling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029 Global Water Well Drilling market shares of main players, in revenue ($ Million), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Water Well Drilling To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Water Well Drilling market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Layne, Weninger Drilling, Llc, Tampa Well Drilling, Gordon and Sons and Barco Well Service, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation Water Well Drilling market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets. 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 Market segment by Application Domestic Use Industrial Use Irrigation Others Market segment by players, this report covers 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 Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa) The content of the study subjects, includes a total of 13 chapters: Chapter 1, to describe Water Well Drilling product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top players of Water Well Drilling, with revenue, gross margin and global market share of Water Well Drilling from 2018 to 2023. Chapter 3, the Water Well Drilling competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Water Well Drilling market forecast, by regions, type and application, with consumption value, from 2024 to 2029. Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War Chapter 12, the key raw materials and key suppliers, and industry chain of Water Well Drilling. Chapter 13, to describe Water Well Drilling research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Water Well Drilling 1.2 Market Estimation Caveats and Base Year 1.3 Classification of Water Well Drilling by Type 1.3.1 Overview: Global Water Well Drilling Market Size by Type: 2018 Versus 2022 Versus 2029 1.3.2 Global Water Well Drilling Consumption Value Market Share by Type in 2022 1.3.3 <4" Diameter
