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Industry Dynamics & Market Trends

Industry Dynamics & Market Trends

The global water‑well drilling rig market is on a steady upward track. According to GEP Research, the global water‑well drilling rig market reached approximately USD 4.72 billion in 2025, a 6.8% increase compared with 2024. It is expected to exceed USD 5.0 billion in 2026 and rise to USD 6.85 billio

Shitan Machinery Supports Rural Revitalization — GK‑Series Water‑well Drilling Rigs Drill “Well of Happiness” for A Village in Hebei

Shitan Machinery Supports Rural Revitalization — GK‑Series Water‑well Drilling Rigs Drill “Well of Happiness” for A Village in Hebei

In 2025, a remote mountain village in Hebei Province celebrated a major milestone: a 220‑meter‑deep “Well of Happiness” successfully yielded water, thoroughly resolving the village’s long‑standing seasonal water shortage problem. The successful drilling of this well received full support from the GK

Shitan Machinery To Follow 2026 China Mengyin Drilling Rig Expo And Actively Tap Industry‑wide Resources

Shitan Machinery To Follow 2026 China Mengyin Drilling Rig Expo And Actively Tap Industry‑wide Resources

The 2026 China Mengyin Drilling Rig Expo will grandly kick off in Mengyin, Shandong Province from October 17 to 19. Rooted in the industrial foundation of Mengyin Drilling Rig Industrial Park, the expo gathers full‑chain resources of complete drilling rigs, drilling tools & spare parts and engineeri

Jinzhou Shitan Machinery Equipment Co., Ltd. is a professional Chinese manufacturer specializing in diverse drilling rigs and complete drilling accessories.

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