The drilling tools market has been further segmented, based on type, into drill bits, drill collars, drilling tubulars, drill swivels, drilling motors, drill reamers and stabilizers, mechanical thrusters, shock tools, and drilling jars. The drilling tubulars segment is expected to be the largest market due to increasing drilled footage and the development of deepwater oil & gas fields.
Onshore drilling is more cost-effective and less complex than offshore. Offshore drilling requires higher capital investments and is complex due to depth, complicated well formations, and instability.
In 2019, the market size of Drilling Tools is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 4.8% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Drilling Tools.
This report studies the global market size of Drilling Tools, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Drilling Tools production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Benchmarking
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Weatherford
Cougar Drilling Solutions
Drilling Tools International
Rubicon Oilfield International
Bico Drilling Tools
Dynomax Drilling Tools
Gyrodata
Pacesetter Directional Drilling
Scientific Drilling
Tianhe Oil Group
Wenzel Downhole Tools
Market Segment by Product Type
Drill Bits
Drill Collars
Drilling Jars
Drilling Motors
Drilling Tubulars
Drill Swivels
Drill Reamers and Stabilizers
Mechanical Thrusters
Shock Tools
Market Segment by Application
Onshore
Offshore
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Drilling Tools status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Drilling Tools manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Drilling Tools are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Drilling Tools. Industry analysis & Market Report on Drilling Tools is a syndicated market report, published as Global (United States, European Union and China) Drilling Tools Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Drilling Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.