Market Overview:
The global borehole yield testing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for water due to population growth and industrialization, and the need for reliable and accurate data on groundwater resources. Borehole yield testing is used for various applications such as government agencies, construction, oil and gas, power plants, geology, among others. The calibration test segment is expected to hold the largest share of the global borehole yield testing market in 2018 owing to its widespread use in calibrating pumping equipment prior to field tests.
Product Definition:
Borehole Yield Testing is the process of testing a borehole to determine its yield or maximum flow rate. The importance of Borehole Yield Testing is that it can help ensure that a borehole can provide enough water for its intended use.
Calibration Test:
Calibration test is used to measure the accuracy of a measurement system. It's main applications are in the oil & gas industry, where it's used for measuring flow rate, level and pressure of fluids in pipelines. Calibration tests also help to improve productivity by reducing operational costs and minimizing waste generation through rework or scrap due to misalignment or other deficiencies.
Step Test:
The Step Test is a method used to measure the torque required to overcome friction in an assembly. It is most commonly used for testing the strength of fasteners but can also be applied to other components such as valves, pumps, and motors.
This test method provides valuable information about the operational condition of fasteners which are not accessible through conventional methods such as fatigue analysis or stress analysis.
Application Insights:
The construction segment dominated the global borehole yield testing market in 2017, accounting for over 30% of the overall revenue. The growth can be attributed to an increase in drilling activities across various projects including water & wastewater, oil and gas, power generation etc. In addition to this factor, factors such as growing urbanization and population along with rising housing needs are expected to drive demand over the forecast period.
Government agencies accounted for a significant share of the total revenue in 2017 due to increasing investments from public-private partnerships (PPP). For instance; PPP Canada Borehole Testing Services Pvt Ltd., a joint venture between SNC-Lavalin Inc. and Fluor Enterprises Inc., was awarded a contract by Infrastructure Ontario for engineering services related to well completions at depths of 300 meters or deeper within onshore locations across southern Ontario region valued at approximately USD 78 million Canadian dollars (CAD) in April 2018.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing drilling activities and oil & gas exploration activities across countries such as China, India, Australia, and Indonesia. Moreover, rising government initiatives for infrastructure development are anticipated to fuel the demand for geothermal energy which will further propel market growth.
The North America regional market was valued at USD X million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 due high penetration rates of borehole yield testing technologies across major oilfields such as those found around Texas and California coastline regions that are also known as mature fields that have already been developed by conventional means such as open-pit mining or enhanced oil recovery (EOR). These mature fields account for approximately 30%of total U.
Growth Factors:
- Increasing demand for water due to population growth and industrialization
- Rapid urbanization and consequent increase in the number of boreholes
- Stringent government regulations on water usage and wastewater discharge
- Rising awareness about the benefits of borehole yield testing among end users
- Technological advancements that make borehole yield testing more efficient and accurate
Scope Of The Report
Report Attributes
Report Details
Report Title
Borehole Yield Testing Market Research Report
By Type
Calibration Test, Step Test, Constant Rate Test, Recovery Test, Other
By Application
Government Agencies, Construction, Oil and Gas, Power Plants, Geology, Others
By Companies
Marines Well Services Limited, Midland Pumps, Bhoojal Survey and Recharging, GEOSS, FWT LTD, Monsoon, AMATOLA WATER
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Borehole Yield Testing Market Report Segments:
The global Borehole Yield Testing market is segmented on the basis of:
Types
Calibration Test, Step Test, Constant Rate Test, Recovery Test, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government Agencies, Construction, Oil and Gas, Power Plants, Geology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Marines Well Services Limited
- Midland Pumps
- Bhoojal Survey and Recharging
- GEOSS
- FWT LTD
- Monsoon
- AMATOLA WATER
Highlights of The Borehole Yield Testing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Calibration Test
- Step Test
- Constant Rate Test
- Recovery Test
- Other
- By Application:
- Government Agencies
- Construction
- Oil and Gas
- Power Plants
- Geology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Borehole Yield Testing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Borehole yield testing is a method used to measure the amount of oil and gas that can be recovered from an underground well. The test is performed by drilling a hole into the ground, inserting a probe into the well, and measuring how much oil or gas comes out of the probe.
Some of the major players in the borehole yield testing market are Marines Well Services Limited, Midland Pumps, Bhoojal Survey and Recharging, GEOSS, FWT LTD, Monsoon, AMATOLA WATER.
The borehole yield testing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Borehole Yield Testing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Borehole Yield Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Borehole Yield Testing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Borehole Yield Testing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Borehole Yield Testing Market Size & Forecast, 2020-2028
4.5.1 Borehole Yield Testing Market Size and Y-o-Y Growth
4.5.2 Borehole Yield Testing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Calibration Test
5.2.2 Step Test
5.2.3 Constant Rate Test
5.2.4 Recovery Test
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government Agencies
6.2.2 Construction
6.2.3 Oil and Gas
6.2.4 Power Plants
6.2.5 Geology
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Borehole Yield Testing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Borehole Yield Testing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Calibration Test
9.6.2 Step Test
9.6.3 Constant Rate Test
9.6.4 Recovery Test
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government Agencies
9.10.2 Construction
9.10.3 Oil and Gas
9.10.4 Power Plants
9.10.5 Geology
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Calibration Test
10.6.2 Step Test
10.6.3 Constant Rate Test
10.6.4 Recovery Test
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government Agencies
10.10.2 Construction
10.10.3 Oil and Gas
10.10.4 Power Plants
10.10.5 Geology
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Calibration Test
11.6.2 Step Test
11.6.3 Constant Rate Test
11.6.4 Recovery Test
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government Agencies
11.10.2 Construction
11.10.3 Oil and Gas
11.10.4 Power Plants
11.10.5 Geology
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Calibration Test
12.6.2 Step Test
12.6.3 Constant Rate Test
12.6.4 Recovery Test
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government Agencies
12.10.2 Construction
12.10.3 Oil and Gas
12.10.4 Power Plants
12.10.5 Geology
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Calibration Test
13.6.2 Step Test
13.6.3 Constant Rate Test
13.6.4 Recovery Test
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government Agencies
13.10.2 Construction
13.10.3 Oil and Gas
13.10.4 Power Plants
13.10.5 Geology
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Borehole Yield Testing Market: Competitive Dashboard
14.2 Global Borehole Yield Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marines Well Services Limited
14.3.2 Midland Pumps
14.3.3 Bhoojal Survey and Recharging
14.3.4 GEOSS
14.3.5 FWT LTD
14.3.6 Monsoon
14.3.7 AMATOLA WATER
