Report Detail
Global Boring Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
- RnM4601328 |
- 20 July, 2024 |
- Global |
- 91 Pages |
- GIR (Global Info Research) |
- Machinery & Equipment
According to our (Global Info Research) latest study, the global Boring Tools market size was valued at USD 3614.9 million in 2023 and is forecast to a readjusted size of USD 5039.8 million by 2030 with a CAGR of 4.9% during review period.
In machining, boring is the process of enlarging a hole that has already been drilled (or cast) by means of a single-point cutting tool (or of a boring head containing several such tools), such as in boring a gun barrel or an engine cylinder. Boring is used to achieve greater accuracy of the diameter of a hole, and can be used to cut a tapered hole. Boring can be viewed as the internal-diameter counterpart to turning, which cuts external diameters.
Onshore segment is expected to be the largest market for drilling tools, by application, in 2017. Approximately 70% of the total oil and gas production in the world takes places at onshore fields. These fields are easier to operate from an exploration perspective and require less capital investment as compared to offshore fields. Formations in onshore wells are more stable during the drilling process than those in offshore. Market demand for drilling tools from onshore segment is also the fastest-growing. US and China with vast onshore reserves present ample market opportunities in this onshore segment.
The Global Info Research report includes an overview of the development of the Boring Tools industry chain, the market status of Onshore (Drill Bits, Drilling Tubulars), Offshore (Drill Bits, Drilling Tubulars), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Boring Tools.
Regionally, the report analyzes the Boring Tools markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Boring Tools market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Boring Tools market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Boring Tools industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Drill Bits, Drilling Tubulars).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Boring Tools market.
Regional Analysis: The report involves examining the Boring Tools market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Boring Tools market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Boring Tools:
Company Analysis: Report covers individual Boring Tools manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Boring Tools This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Onshore, Offshore).
Technology Analysis: Report covers specific technologies relevant to Boring Tools. It assesses the current state, advancements, and potential future developments in Boring Tools areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Boring Tools market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Boring Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Drill Bits
Drilling Tubulars
Drilling Motors
Drill Reamers and Stabilizers
Drill Collars
Drill Jars
Drill Swivels
Mechanical Thrusters
Market segment by Application
Onshore
Offshore
Major players covered
BIG KAISER
Kennametal
NACHI-FUJIKOSHI
OSG
Sandvik
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Boring Tools product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Boring Tools, with price, sales, revenue and global market share of Boring Tools from 2019 to 2024.
Chapter 3, the Boring Tools competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Boring Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Boring Tools market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Boring Tools.
Chapter 14 and 15, to describe Boring Tools sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Boring Tools
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Boring Tools Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Drill Bits
- 1.3.3 Drilling Tubulars
- 1.3.4 Drilling Motors
- 1.3.5 Drill Reamers and Stabilizers
- 1.3.6 Drill Collars
- 1.3.7 Drill Jars
- 1.3.8 Drill Swivels
- 1.3.9 Mechanical Thrusters
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Boring Tools Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Onshore
- 1.4.3 Offshore
- 1.5 Global Boring Tools Market Size & Forecast
- 1.5.1 Global Boring Tools Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Boring Tools Sales Quantity (2019-2030)
- 1.5.3 Global Boring Tools Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 BIG KAISER
- 2.1.1 BIG KAISER Details
- 2.1.2 BIG KAISER Major Business
- 2.1.3 BIG KAISER Boring Tools Product and Services
- 2.1.4 BIG KAISER Boring Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 BIG KAISER Recent Developments/Updates
- 2.2 Kennametal
- 2.2.1 Kennametal Details
- 2.2.2 Kennametal Major Business
- 2.2.3 Kennametal Boring Tools Product and Services
- 2.2.4 Kennametal Boring Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Kennametal Recent Developments/Updates
- 2.3 NACHI-FUJIKOSHI
- 2.3.1 NACHI-FUJIKOSHI Details
- 2.3.2 NACHI-FUJIKOSHI Major Business
- 2.3.3 NACHI-FUJIKOSHI Boring Tools Product and Services
- 2.3.4 NACHI-FUJIKOSHI Boring Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 NACHI-FUJIKOSHI Recent Developments/Updates
- 2.4 OSG
- 2.4.1 OSG Details
- 2.4.2 OSG Major Business
- 2.4.3 OSG Boring Tools Product and Services
- 2.4.4 OSG Boring Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 OSG Recent Developments/Updates
- 2.5 Sandvik
- 2.5.1 Sandvik Details
- 2.5.2 Sandvik Major Business
- 2.5.3 Sandvik Boring Tools Product and Services
- 2.5.4 Sandvik Boring Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 Sandvik Recent Developments/Updates
3 Competitive Environment: Boring Tools by Manufacturer
- 3.1 Global Boring Tools Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Boring Tools Revenue by Manufacturer (2019-2024)
- 3.3 Global Boring Tools Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Boring Tools by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Boring Tools Manufacturer Market Share in 2023
- 3.4.2 Top 6 Boring Tools Manufacturer Market Share in 2023
- 3.5 Boring Tools Market: Overall Company Footprint Analysis
- 3.5.1 Boring Tools Market: Region Footprint
- 3.5.2 Boring Tools Market: Company Product Type Footprint
- 3.5.3 Boring Tools Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Boring Tools Market Size by Region
- 4.1.1 Global Boring Tools Sales Quantity by Region (2019-2030)
- 4.1.2 Global Boring Tools Consumption Value by Region (2019-2030)
- 4.1.3 Global Boring Tools Average Price by Region (2019-2030)
- 4.2 North America Boring Tools Consumption Value (2019-2030)
- 4.3 Europe Boring Tools Consumption Value (2019-2030)
- 4.4 Asia-Pacific Boring Tools Consumption Value (2019-2030)
- 4.5 South America Boring Tools Consumption Value (2019-2030)
- 4.6 Middle East and Africa Boring Tools Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Boring Tools Sales Quantity by Type (2019-2030)
- 5.2 Global Boring Tools Consumption Value by Type (2019-2030)
- 5.3 Global Boring Tools Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Boring Tools Sales Quantity by Application (2019-2030)
- 6.2 Global Boring Tools Consumption Value by Application (2019-2030)
- 6.3 Global Boring Tools Average Price by Application (2019-2030)
7 North America
- 7.1 North America Boring Tools Sales Quantity by Type (2019-2030)
- 7.2 North America Boring Tools Sales Quantity by Application (2019-2030)
- 7.3 North America Boring Tools Market Size by Country
- 7.3.1 North America Boring Tools Sales Quantity by Country (2019-2030)
- 7.3.2 North America Boring Tools Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Boring Tools Sales Quantity by Type (2019-2030)
- 8.2 Europe Boring Tools Sales Quantity by Application (2019-2030)
- 8.3 Europe Boring Tools Market Size by Country
- 8.3.1 Europe Boring Tools Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Boring Tools Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Boring Tools Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Boring Tools Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Boring Tools Market Size by Region
- 9.3.1 Asia-Pacific Boring Tools Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Boring Tools Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Boring Tools Sales Quantity by Type (2019-2030)
- 10.2 South America Boring Tools Sales Quantity by Application (2019-2030)
- 10.3 South America Boring Tools Market Size by Country
- 10.3.1 South America Boring Tools Sales Quantity by Country (2019-2030)
- 10.3.2 South America Boring Tools Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Boring Tools Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Boring Tools Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Boring Tools Market Size by Country
- 11.3.1 Middle East & Africa Boring Tools Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Boring Tools Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Boring Tools Market Drivers
- 12.2 Boring Tools Market Restraints
- 12.3 Boring Tools Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Boring Tools and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Boring Tools
- 13.3 Boring Tools Production Process
- 13.4 Boring Tools Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Boring Tools Typical Distributors
- 14.3 Boring Tools Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Boring Tools. Industry analysis & Market Report on Boring Tools is a syndicated market report, published as Global Boring Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Boring Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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