Global Water Swivels Market Overview:
Water Swivels refer as an associate device for the water hose to the drill-bar string and are intended to allow the drill string to be pivoted in the borehole while water is siphoned into it to make the dissemination expected to cool the bit and eliminate the cuttings created. Likewise called gooseneck and water coupling. In other words, Water swivels are associated with the highest point of the drill string and give a successful water-tight seal between the pivoting and non-turning portions of the string, permitting water or other boring liquids to be siphoned to the lower part of the drill string.
- Water Swivels need less hose and no need to accommodate sharp angles
- This swivel has no need for adapters no need to stop work to fix a hose
- High cost of the water swivels
- Availability of different substitutes at low cost in the market
- Expansion of the market in developing countries
- New research and development in the water swivels in order to increase the quality and effectiveness
- Manufacturers need to continue to invest heavily in technology development and commercialization
The market of water swivels is fragmented as there is the availability of the different small players in the market. The companies also focusing on research and development in order to increase the quality. Also, companies are using the strategies such as collaborations, partnerships to get additional benefits over competitors.
Some of the key players profiled in the report are America West Drilling Supply (United States), Braemar (United States), Fordia (Canada), MK Diamond (Canada), Kadant (United States), Sandvik (Sweden), Diedrich Drill (United States), Archway (United Kingdom), Aardwolf (Vietnam) and Shaw Equipment (South Africa). Additionally, following companies can also be profiled that are part of our coverage like Northwest Machine (United States), Mills Machine (United States) and Asahi Diamond (Japan). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Water Swivels market by 2026. Considering Market by By End User, the sub-segment i.e. Commercial will boost the Water Swivels market.
Latest Market Insights:
On 13 May 2019, Aqualis and Braemar announced an agreement whereby the Company acquired three business lines from Braemar representing the majority of the Braemar. Through this acquisition, clients of AqualisBraemar will benefit from access to new capabilities, a broader suite of services, a bigger workforce, and an increased geographical footprint to enable even quicker operational support at or in close proximity to their offices and assets.
What Can be Explored with the Water Swivels Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Water Swivels Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Water Swivels
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Water Swivels market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Water Swivels market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industry Associations, Government Regulatory Bodies, Equipment Manufacturers, Equipment Suppliers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Water Swivels Market?
The Water Swivels market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Water Swivels Market?
Top performing companies in the Global Water Swivels market are America West Drilling Supply (United States), Braemar (United States), Fordia (Canada), MK Diamond (Canada), Kadant (United States), Sandvik (Sweden), Diedrich Drill (United States), Archway (United Kingdom), Aardwolf (Vietnam) and Shaw Equipment (South Africa), to name a few.
3. What trending factors would impact Water Swivels Market growth most?
"Increase in the demand for new drilling of water
" is seen as one of major influencing trends for Water Swivels Market during projected period 2020-2026.