Global Water Well Drilling Market Size, Industry Status Growing with a CAGR of 2.0% during 2018-2025

The market for Global Water Well Drilling is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Water Well Drilling Market” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Global Water Well Drilling sector is highlighted in the report which indicates a prosperous future.

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This report studies the global Water Well Drilling market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Water Well Drilling market by companies, region, type and end-use industry.

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.
In 2017, the global Water Well Drilling market size was 4260 million US$ and it is expected to reach 4990 million US$ by the end of 2025, with a CAGR of 2.0% during 2018-2025.

This report focuses on the global top players, covered
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

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
12 Diameter
1.4 Water Well Drilling Market by End Users/Application
1.4.1 Domestic Use
1.4.2 Industrial Use
1.4.3 Irrigation
1.4.4 Others

2 Global Water Well Drilling Competition Analysis by Players
2.1 Water Well Drilling Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Layne
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.2 Weninger Drilling, Llc
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.3 Tampa Well Drilling
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.4 Barco Well Service
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.5 Johnson Water Well Drilling
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.6 Nelson Drilling Company
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.7 Jackson Water Well
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.8 Craig Waterwell & Drilling Ltd
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.9 Mikes Drilling & Pump Service
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.10 Loman Drilling Inc
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Water Well Drilling Revenue (Million USD) (2013-2018)
3.11 Jim Jeffers Well Drilling
3.12 Caster Drilling Enterprises
3.13 Bennett Water Well Drilling
3.14 Gordon and Sons
3.15 Casey well drilling

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