Market Analysis

on
Water Well Drilling Industry
 Table of Contents
Market Analysis.............................................................................................................................................................3

Market Size & Growth ...........................................................................................................................................3

Market Drivers ..........................................................................................................................................................3

Market Segmentation ................................................................................................................................................3

Competitor Analysis ...................................................................................................................................................6

Lonestar Drills...........................................................................................................................................................6

Their Rig Pricing .................................................................................................................................................6

LS 200 .......................................................................................................................................................................6

LS 300H+ .................................................................................................................................................................7

LS 400T+ ..................................................................................................................................................................7

Company Basic Information.........................................................................................................................7

PAT Drills .....................................................................................................................................................................8

301T ...........................................................................................................................................................................8

Simco Drills ................................................................................................................................................................9

2400 ...........................................................................................................................................................................9

Rockbuster Drills .....................................................................................................................................................9

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 Market Analysis

Market Size & Growth

The global water well drilling services market size was valued at $2,833.3 million in 2019,
and is projected to reach $3,900.6 million by 2027, registering a CAGR of 4.7% from 2021
to 2027.

Market Drivers
Increasing demand for water well across the globe fuels the growth of the market.
Moreover, rising use of water well for irrigation purpose across the globe further fuels the
growth of the water well drilling market. However, the scarcity of underground water is
expected to hamper the growth of the water well drilling services market. Furthermore,
rapid industrialization and rising preference for underground water over surface water
are anticipated to offer lucrative opportunities for the market growth, in terms of value
sales, during the forecast period.

Market Segmentation
The global water well drilling services market segment is categorized into application,
drilling method types and region. Based on application, the market is divided into
residential, irrigation and institutional. On the basis of drilling method type, the water well
drilling services market is segregated into rotary, cable tools drilling & auger drilling and
others. Region-wise, the market is analyzed across North America (the U.S., Canada, and
Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the rest of Europe), Asia-
Pacific (China, India, Japan, Australia & new Zealand , Korea, ASEAN and the rest of Asia-
Pacific), and LAMEA (Brazil, Saudi Arabia ,South Africa, Turkey, and others).

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On the basis of application, the residential segment accounted for the highest water well
drilling services market share in 2019. The demand for water wells in rural areas is high
as municipal services is not accessible to them. Moreover, majority homeowners living in
populated areas are considering becoming self-sustaining and having their own private
well, which increases the demand for water well for residential use. This in turn has driven
the water well services market growth in terms of value sales through this segment.
However, the institutional segment is expected to witness a significant growth during the
water well drilling services market forecast period.

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On the basis of drilling method type, the cable tools drilling & auger method drilling
method segment accounted for the highest water well drilling services market share in
2019. Cable tool drilling is a slower drilling method, but it is preferable as it is cheaper
and less complicated to operate than a rotary drill method. Through percussion drilling
method it is easy to remove boulders and break harder formations, effectively and quickly
through most types of earth. It can drill further into the water table than dug wells, even
drilling past one water table to reach another. Thus, this method is still used today as it
has several advantages including one-person operation, low equipment cost compared
to other methods. Simple, rugged design requiring minimal maintenance. Thus,
advantages offered by this method has made water drilling services easy, which in turn
contributes in driving the growth of the water well drilling services market.

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 Competitor Analysis

Lonestar Drills
For more than 60 years, Lone Star Drills and Little Beaver have been recognized as
America’s No. 1 drilling equipment source. As a family owned and operated company, they
are proud that their passion and dedication to earth drilling is making a difference in the
industries they serve. Lone Star Drills offer drilling solutions specifically designed and
built for power and portability, providing access to some of the most remote locations on
Earth. Their experienced personnel are devoted to client service and to the accurate
expedition of individual drill orders, no matter how large or small. In addition, their
research and development team is continually improving their product line. Lone Star
Drills is an innovative product family designed to be a convenient, powerful solution in
areas with minimal resources for transportation and operation. Sixteen models are
available, and they are ideal for use in a variety of applications including soil sampling,
geotechnical testing and auger drilling.

Their Rig Pricing

Their water well rigs are economically priced. They offer basic drill rigs starting at $5,000
and complete rig packages starting at $9,000. Discounts are available for qualified
missionary and humanitarian organizations.

LS 200
 Featuring the same compact design and user-friendly operating features.
 The LS200 uses rugged M250 drill pipe to efficiently reach 200-foot depths.
 The LS200 is capable of drilling a 6-inch borehole to 200 feet in sandy and clay
terrain and is easy to operate, tear down and transport for maximum productivity.
 The entire drill package easily fits in a 91-by-36-by-30-inch crate for transporting
to remote locations.
 The drill’s heavy-duty welded steel frame and 3,500-pound winch stand up to
demanding drilling applications while its convenient swivel design allows for easy
access to borehole.

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 LS 300H+
 The LS300H+ has the power to satisfy the most demanding drilling applications.
 The unit’s bypass flow control provides 5,000 pounds of powerful pushing force
when anchored, ensuring the drill reaches its desired depth every time.
 Optional tricone roller bits and drill collars adapt the drill to a variety of conditions,
helping it push through rock formations.
 Additionally, the drill’s high-capacity load-bearing swivel offers extended seal life,
virtually eliminating costly downtime.

LS 400T+
 The LS400T+ is the largest in the Lone Star line, boasting a 400-foot drilling depth.
 The drill’s hydraulic system features pull-back force of up to 15,000-pounds and
push-down force up to 9,000-pounds for getting through dense rock formations.
 A three-way ball valve enables the operator to quickly bypass mudflow when
adding pipe.
 It easily adapts to down-the-hole hammer drilling and offers an optional foam
injection/lubricator.
 The LS400T+ ships fully assembled in a 20-foot container.

Company Basic Information

Website: http://www.lonestardrills.com
Industry: Machinery
Company size: 11-50 employees
Headquarters: Livingston, Texas

Type: Public Company

Founded: 2005
Specialties: Shallow water well drill manufacturing and Shallow water well drill training.

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PAT Drills
PAT was born in the early 80's when a group of young Thai engineers formed an NGO to
develop and design tools to help rural development in Thailand. In 1986 PAT as a
commercial company was launched to specialize in the design and manufacture of
drilling machines and accessories. In developing countries, around 80% of diseases are
somehow linked to water supply, and 1.2 billion people have no access to safe drinking
water. Moreover, access to water is a vital factor for social and economic development.
PAT is very proud about its involvement in this vital sector. Providing a ground water
source in often a remote area directly contributes to a better environment, health and
happiness of the many people who live in such places. To achieve PAT objectives, they
continuously do their best to minimize the impact their operations have on damaging the
natural environments in which they work, with especial concern with those individuals
that directly benefit from the water supplies constructed with our equipment and tools.
PAT has provided products, service and assistance in more than 30 countries mainly
throughout Africa and Asia.

301T
PAT-Drill 301T is a highly compact, mounted on trailer hydraulic drilling rig, available with
all drilling accessories, easy to set-up and move.

 The PAT-Drill 301T is a fully featured top drive rotary rig able to complete holes in
hard or sedimentary rock.
 It is one of the lightest rigs in its class and able to be towed behind most common
pick – up trucks.
 This is the PAT ‘best seller’ for rural water supply holes in hard rock areas.
 For down-the-hole-hammer and mud rotary drilling up to 150 m depth 100 – 152
mm diameter DTH & 200 mm mud – according to tool selection.
 This is an ideal multipurpose rig, powerful, versatile and easy to transport across a
variety of terrains.

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Simco Drills
SIMCO Drilling Equipment, Inc. began designing and building all-hydraulic, long stroke,
top head drive drill rigs in 1971 at our manufacturing facility located in Osceola, Iowa.
Today, SIMCO drill rigs are working on every continent in the world, including Antarctica.
Our rigs are used for water well drilling, geotechnical and environmental drilling, mineral
exploration, geothermal drilling, construction and utility work and a wide range of other
diverse applications.

SIMCO rigs have earned a reputation for rugged dependability and low maintenance.
That’s because they are built on a foundation of experienced hydraulic engineering. Our
high pressure hydraulic systems provide big performance in compact packages. And the
flexibility provided by hydraulics has allowed us to design a wide range of rig models that
satisfy a variety of needs, including auger, rotary, core and down-the-hole hammer
drilling.

In addition to rotary drill rigs, SIMCO also manufactures hydraulic probing rigs for direct
push soil sampling. These multipurpose rigs provide yet another example of our
commitment to meet the diverse and changing needs of the drilling industry.

With quality, affordability and knowledgeable customer service, SIMCO continues to offer
new rig variations and new rig models to satisfy customer and developing market
demands.

2400
 This robust, portable drilling rig has proven to be low maintenance, compact, and
powerful throughout all of our testing.
 Compact design enables mounting on a wide variety of suitable carriers.
 Suited for Catholic protection, soil sampling, auger drilling and pre-bid site
investigation.

Rockbuster Drills
Since acquiring the rights to build the RockBuster drill rigs in April of 2010 they have made
many changes to adapt the rigs to the needs of the end user. Since 2010 they have added

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models, increased tophead power and increased efficiency. Their rigs have been used by
contractors, non-profits, and NGOs around the world. They have been shipped to places
like Niger, Nigeria, Uganda, Kenya, Tanzania, South Africa, Malawi, Peru, Uruguay, Chile,
and many more.

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