Global Drilling Bits in Oil and Gas Market Size, Production, Value, Regions
Posted by Deeksha on July 1st, 2019
Market Research Hub (MRH) has actively included a new research study titled “Global Drilling Bits in Oil and Gas Market Insights, Forecast to 2025” to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until 2025. In addition, a deep analysis of the competitive landscape, including prime market players is also enclosed in this report.
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Drill bits are mechanical tools used for cutting or crushing rocks to create wellbores for the extraction of hydrocarbon resources. They are mainly used in drilling operations for oil or gas wells either onshore or offshore.
With the era of easy oil nearing the end, oil and gas companies will start looking out for unconventional avenues around the globe for exploration and production activities. For instance, the decreasing production rates in the established regions such as the Middle East, Gulf of Mexico, and North Sea has already induced energy companies to move out to other areas like the Yamal basin in Russia, Andaman Sea in the Indian sub-continent, and several regions in the Arctic and Antarctic. This increase in new exploration and production activities will result in the rise in demand for drilling equipment, in turn, driving market growth.
The market is characterized by the presence of a considerable number of players and is competitive. The market is dominated by the major players who occupy large market shares despite having the least geographical presence. To gain a competitive advantage over their competitors, market players follow M&A strategies and also focus on creating joint ventures, contracts, agreements, and partnerships with other vendors. To cater to the changing market dynamics, the regional vendors are focusing on the development of innovative products and technologies, in turn, pose a stiff challenge to the international vendors.
The Drilling Bits in Oil and Gas market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Drilling Bits in Oil and Gas.
This report presents the worldwide Drilling Bits in Oil and Gas market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Varel International
Atlas Copco AB
Bellwether Resources International
Bit Brokers International
Century Products
DRILLBITS International (DBI)
Drilformance
Drill King International
Drilling Products (DPI)
Harvest Tool Company
Hole Products
Kay Rock Bit Company
Master Oil Tool
Nile Petroleum Industrial Company (NPICO)
OTS International
PDB Tools
Drilling Bits in Oil and Gas Breakdown Data by Type
Fixed cutter
Roller cone
Drilling Bits in Oil and Gas Breakdown Data by Application
Onshore
Offshore
Drilling Bits in Oil and Gas Production by Region
United States
Europe
China
Japan
Other Regions
Drilling Bits in Oil and Gas Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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Table of Contents
1 Study Coverage
1.1 Drilling Bits in Oil and Gas Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Drilling Bits in Oil and Gas Market Size Growth Rate by Type
1.4.2 Fixed cutter
1.4.3 Roller cone
1.5 Market by Application
1.5.1 Global Drilling Bits in Oil and Gas Market Size Growth Rate by Application
1.5.2 Onshore
1.5.3 Offshore
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Drilling Bits in Oil and Gas Market Size
2.1.1 Global Drilling Bits in Oil and Gas Revenue 2014-2025
2.1.2 Global Drilling Bits in Oil and Gas Production 2014-2025
2.2 Drilling Bits in Oil and Gas Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Drilling Bits in Oil and Gas Manufacturers
2.3.2.1 Drilling Bits in Oil and Gas Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Drilling Bits in Oil and Gas Product Offered
2.3.2.3 Date of Manufacturers Enter into Drilling Bits in Oil and Gas Market
2.4 Key Trends for Drilling Bits in Oil and Gas Markets & Products
3 Market Size by Manufacturers
3.1 Drilling Bits in Oil and Gas Production by Manufacturers
3.1.1 Drilling Bits in Oil and Gas Production by Manufacturers
3.1.2 Drilling Bits in Oil and Gas Production Market Share by Manufacturers
3.2 Drilling Bits in Oil and Gas Revenue by Manufacturers
3.2.1 Drilling Bits in Oil and Gas Revenue by Manufacturers (2014-2019)
3.2.2 Drilling Bits in Oil and Gas Revenue Share by Manufacturers (2014-2019)
3.3 Drilling Bits in Oil and Gas Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
To be continue..##
