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A water drilling rig is an integrated system that drills water in the earth's subsurface.
Market Analysis and Insights: Global Water Drilling Rigs Market
Due to the COVID-19 pandemic, the global Water Drilling Rigs market size is estimated to be worth US$ 174.1 million in 2022 and is forecast to a readjusted size of US$ 205.5 million by 2028 with a CAGR of 2.8% during the review period. Fully considering the economic change by this health crisis, Crawler Water Drilling Rig accounting for % of the Water Drilling Rigs global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Agriculture and Forestry segment is altered to an % CAGR throughout this forecast period.
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.
In terms of production side, this report researches the Water Drilling Rigs capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Water Drilling Rigs by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Water Drilling Rigs Scope and Segment
Water Drilling Rigs market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Water 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 2017-2028.
Segment by Type
Crawler Water Drilling Rig
Vehicle Mounted Water Drilling Rig
Segment by Application
Agriculture and Forestry
Municipal Engineering
Industrial
By Company
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
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
Market Analysis and Insights: Global Water Drilling Rigs Market
Due to the COVID-19 pandemic, the global Water Drilling Rigs market size is estimated to be worth US$ 174.1 million in 2022 and is forecast to a readjusted size of US$ 205.5 million by 2028 with a CAGR of 2.8% during the review period. Fully considering the economic change by this health crisis, Crawler Water Drilling Rig accounting for % of the Water Drilling Rigs global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Agriculture and Forestry segment is altered to an % CAGR throughout this forecast period.
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.
In terms of production side, this report researches the Water Drilling Rigs capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Water Drilling Rigs by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Water Drilling Rigs Scope and Segment
Water Drilling Rigs market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Water 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 2017-2028.
Segment by Type
Crawler Water Drilling Rig
Vehicle Mounted Water Drilling Rig
Segment by Application
Agriculture and Forestry
Municipal Engineering
Industrial
By Company
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
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.
