Oilfield drill bits market
Oilfield Drill Bits Market, By Type (Roller Cone Bits, Tungsten Carbide Insert Bits, Milled Tooth Bits, Fixed Cutter Bits, Polycrystalline Diamond Compact (PDC) Drill Bits, Impregnated Bits, Others), By Application (Onshore, Offshore), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
- Mar 2024
- CMI999
- 130 Pages
- Excel & Pdf
- Energy
Summary
N/A
Table of Content
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Type
- Market Snippet By Application
- Market Snippet By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
- Market Dynamics
- Global Oilfield Drill Bits Market- Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Oilfield Drill Bits Market– COVID-19
- Impact Analysis
- Global Oilfield Drill Bits Market, By Drill Bit Type, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Roller Cone Bits
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Tungsten Carbide Insert Bits
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Milled Tooth Bits
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Fixed Cutter Bits
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Polycrystalline Diamond Compact (PDC) Drill Bits
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Impregnated Bits
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Others (Diamond Bits, etc.)
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Introduction
- Global Oilfield Drill Bits Market, By Application, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Offshore
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Onshore
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2020 - 2031, (USD Bn)
- Introduction
- Global Oilfield Drill Bits Market, By Region, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, For Regions, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2020 - 2031
- U.S.
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Canada
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- U.S.
- Europe
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2020 - 2031
- U.K.
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Germany
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Italy
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Denmark
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Norway
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Russia
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- U.K.
- Asia Pacific
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2020 - 2031
- China
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- India
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Japan
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- ASEAN
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Australia
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- South Korea
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- China
- Latin America
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2020 - 2031
- Brazil
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Mexico
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Argentina
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Brazil
- Middle East & Africa
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2020 - 2031
- GCC Countries
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Israel
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- Rest of Middle East & Africa
- Country Trends
- Market Size and Forecast, By Drill Bit Type, 2020 - 2031 (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2031 (USD Bn)
- GCC Countries
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Baker Hughes Inc
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Drill Master Inc
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Schlumberger
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Halliburton Inc
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- National Oilwell Varco Inc
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Ulterra Drilling Technologies
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Atlas Copco AB
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Scientific Drilling International Inc.
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- ESCO Corporation
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Changzhou Great Drilling Bits Co. Ltd.
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Irwin Industrial Tool Company
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- New Tech Drilling Products LLC
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- King dream Public Limited Company
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Varel International, Inc
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Torquato Drilling Accessories, Inc.
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Ulterra Drilling Technologies
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Ruishi Bits
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Andy Petroleum Machinery Co., LTD.
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Beijing Leeding Drill Co.Ltd.
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Bit-Tech, Inc.
- Company Overview
- Well Type Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Baker Hughes Inc
- Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- Section
- References
- Research Methodology
- About Us and Sales Contact
Segmentation
Market Segmentation
- By Type:
-
- Roller Cone Bits
- Tungsten Carbide Insert Bits
- Milled Tooth Bits
- Fixed Cutter Bits
- Polycrystalline Diamond Compact (PDC) Drill Bits
- Impregnated Bits
- Others (Diamond Bits, etc.)
- By Application:
-
- Onshore
- Offshore
- By Regional:
-
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Frequently Asked Questions -
What will be the CAGR of the oilfield drill bits market?
The CAGR of the oilfield drill bits market is projected to be 6.1% from 2024 to 2031.
What are the major factors driving the oilfield drill bits market growth?
Increasing E&P (exploration and production) activities and shift to unconventional resources and extended reach drilling are the major factors driving the growth of the oilfield drill bits market.
What are the key factors hampering growth of the oilfield drill bits market?
Declining crude oil prices and stringent government regulations are the major factors hampering the growth of the oilfield drill bits market.
Which is the leading type in the oilfield drill bits market?
In terms of Type, Roller Cone Bits is estimated to dominate the market revenue share 2024.
Which are the major players operating in the oilfield drill bits market?
Baker Hughes Inc., Drill Master Inc, Ulterra Drilling Technologies, National Oilwell Varco Inc., Halliburton Inc., Schlumberger, Atlas Copco AB, Scientific Drilling International Inc., ESCO Corporation, Changzhou Great Drilling Bits Co. Ltd., Irwin Industrial Tool Company, New Tech Drilling Products LLC, King dream Public Limited Company, Varel International, Inc, Torquato Drilling Accessories, Inc., Ulterra Drilling Technologies, Ruishi Bits, Andy Petroleum Machinery Co., LTD., Beijing Leeding Drill Co.Ltd., and Bit-Tech, Inc. are the major players.
Which region will lead the oilfield drill bits market?
North America is expected to lead the oilfield drill bits market.