Global Water Well Drilling Rigs Market Insights and Forecast to 2027

SKU ID : QYR-18156828 | Publishing Date : 30-Apr-2021 | No. of pages : 150

A water well drilling rig is an integrated system that drills water in the earth's subsurface.
The sales market for Water Well Drilling Rigs was divided into five geographic regions, Asia-Pacific occupied the largest sales market share with 42% in 2019. The market competition of Water Well Drilling Rigs is fierce globally. For the Water Well Drilling Rigs industry, the market is less concentrated, and the business model is mainly based on direct sales and distribution.

Market Analysis and Insights: Global Water Well Drilling Rigs Market
The global Water Well Drilling Rigs market is valued at US$ 129.2 million in 2019. The market size will reach US$ 149.9 million by the end of 2026, growing at a CAGR of 3.5% during 2021-2026.

Global Water Well Drilling Rigs Scope and Segment
Water Well Drilling Rigs market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Water Well Drilling Rigs market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Crawler Mounted
Truck Mounted
Trailer Mounted
In 2020, Truck Mounted Type accounted for a share of 56% in the global Water Well Drilling Rigs market. And this product segment is poised to reach 89.10 Million US$ by 2026.

Segment by Application
Agriculture and Forestry
Municipal
Industry Use
Municipal is the most widely used areas which took up about more than 50% of the global total share in 2019.

By Company
Epiroc
Sandvik
FRASTE
GEFCO
XCMG
Koken Boring Machine
Mait Spa
Prakla Bohrtechnik GmbH
PRD RIGS
Comacchio
Schramm
Shandong Linquan
Drillmec
Binzhou Zuanji
Kejr
REICHdrill LLC
Massenza Drilling Rigs
TMG Manufacturing
Dando

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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