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Global Oil and Gas Metal Drill Bits Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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1 Market Overview

  • 1.1 Product Overview and Scope of Oil and Gas Metal Drill Bits
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Oil and Gas Metal Drill Bits Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Fixed Cutter Drill Bits
    • 1.3.3 Roller Cone Drill Bits
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Oil and Gas Metal Drill Bits Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Onshore
    • 1.4.3 Offshore
  • 1.5 Global Oil and Gas Metal Drill Bits Market Size & Forecast
    • 1.5.1 Global Oil and Gas Metal Drill Bits Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Oil and Gas Metal Drill Bits Sales Quantity (2018-2029)
    • 1.5.3 Global Oil and Gas Metal Drill Bits Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Schlumberger
    • 2.1.1 Schlumberger Details
    • 2.1.2 Schlumberger Major Business
    • 2.1.3 Schlumberger Oil and Gas Metal Drill Bits Product and Services
    • 2.1.4 Schlumberger Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Schlumberger Recent Developments/Updates
  • 2.2 BHGE
    • 2.2.1 BHGE Details
    • 2.2.2 BHGE Major Business
    • 2.2.3 BHGE Oil and Gas Metal Drill Bits Product and Services
    • 2.2.4 BHGE Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 BHGE Recent Developments/Updates
  • 2.3 Halliburton
    • 2.3.1 Halliburton Details
    • 2.3.2 Halliburton Major Business
    • 2.3.3 Halliburton Oil and Gas Metal Drill Bits Product and Services
    • 2.3.4 Halliburton Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Halliburton Recent Developments/Updates
  • 2.4 National Oilwell Varco
    • 2.4.1 National Oilwell Varco Details
    • 2.4.2 National Oilwell Varco Major Business
    • 2.4.3 National Oilwell Varco Oil and Gas Metal Drill Bits Product and Services
    • 2.4.4 National Oilwell Varco Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 National Oilwell Varco Recent Developments/Updates
  • 2.5 Varel International
    • 2.5.1 Varel International Details
    • 2.5.2 Varel International Major Business
    • 2.5.3 Varel International Oil and Gas Metal Drill Bits Product and Services
    • 2.5.4 Varel International Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Varel International Recent Developments/Updates
  • 2.6 Drilformance Technologies
    • 2.6.1 Drilformance Technologies Details
    • 2.6.2 Drilformance Technologies Major Business
    • 2.6.3 Drilformance Technologies Oil and Gas Metal Drill Bits Product and Services
    • 2.6.4 Drilformance Technologies Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Drilformance Technologies Recent Developments/Updates
  • 2.7 Sinopec Oilfield Equipment Corporation (SOFE)
    • 2.7.1 Sinopec Oilfield Equipment Corporation (SOFE) Details
    • 2.7.2 Sinopec Oilfield Equipment Corporation (SOFE) Major Business
    • 2.7.3 Sinopec Oilfield Equipment Corporation (SOFE) Oil and Gas Metal Drill Bits Product and Services
    • 2.7.4 Sinopec Oilfield Equipment Corporation (SOFE) Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Sinopec Oilfield Equipment Corporation (SOFE) Recent Developments/Updates
  • 2.8 Baker Hughes
    • 2.8.1 Baker Hughes Details
    • 2.8.2 Baker Hughes Major Business
    • 2.8.3 Baker Hughes Oil and Gas Metal Drill Bits Product and Services
    • 2.8.4 Baker Hughes Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Baker Hughes Recent Developments/Updates
  • 2.9 Kingdream
    • 2.9.1 Kingdream Details
    • 2.9.2 Kingdream Major Business
    • 2.9.3 Kingdream Oil and Gas Metal Drill Bits Product and Services
    • 2.9.4 Kingdream Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Kingdream Recent Developments/Updates
  • 2.10 Sinopec
    • 2.10.1 Sinopec Details
    • 2.10.2 Sinopec Major Business
    • 2.10.3 Sinopec Oil and Gas Metal Drill Bits Product and Services
    • 2.10.4 Sinopec Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Sinopec Recent Developments/Updates
  • 2.11 China Petroleum
    • 2.11.1 China Petroleum Details
    • 2.11.2 China Petroleum Major Business
    • 2.11.3 China Petroleum Oil and Gas Metal Drill Bits Product and Services
    • 2.11.4 China Petroleum Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 China Petroleum Recent Developments/Updates
  • 2.12 Tianjin Lilin BIT Co., Ltd.
    • 2.12.1 Tianjin Lilin BIT Co., Ltd. Details
    • 2.12.2 Tianjin Lilin BIT Co., Ltd. Major Business
    • 2.12.3 Tianjin Lilin BIT Co., Ltd. Oil and Gas Metal Drill Bits Product and Services
    • 2.12.4 Tianjin Lilin BIT Co., Ltd. Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 Tianjin Lilin BIT Co., Ltd. Recent Developments/Updates
  • 2.13 Cangzhou GREAT Drill Bits
    • 2.13.1 Cangzhou GREAT Drill Bits Details
    • 2.13.2 Cangzhou GREAT Drill Bits Major Business
    • 2.13.3 Cangzhou GREAT Drill Bits Oil and Gas Metal Drill Bits Product and Services
    • 2.13.4 Cangzhou GREAT Drill Bits Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Cangzhou GREAT Drill Bits Recent Developments/Updates
  • 2.14 Sichuan BOMCO Petroleum Drill BIT
    • 2.14.1 Sichuan BOMCO Petroleum Drill BIT Details
    • 2.14.2 Sichuan BOMCO Petroleum Drill BIT Major Business
    • 2.14.3 Sichuan BOMCO Petroleum Drill BIT Oil and Gas Metal Drill Bits Product and Services
    • 2.14.4 Sichuan BOMCO Petroleum Drill BIT Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Sichuan BOMCO Petroleum Drill BIT Recent Developments/Updates
  • 2.15 Chengdu BEST Diamond BIT
    • 2.15.1 Chengdu BEST Diamond BIT Details
    • 2.15.2 Chengdu BEST Diamond BIT Major Business
    • 2.15.3 Chengdu BEST Diamond BIT Oil and Gas Metal Drill Bits Product and Services
    • 2.15.4 Chengdu BEST Diamond BIT Oil and Gas Metal Drill Bits Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Chengdu BEST Diamond BIT Recent Developments/Updates

3 Competitive Environment: Oil and Gas Metal Drill Bits by Manufacturer

  • 3.1 Global Oil and Gas Metal Drill Bits Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Oil and Gas Metal Drill Bits Revenue by Manufacturer (2018-2023)
  • 3.3 Global Oil and Gas Metal Drill Bits Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Oil and Gas Metal Drill Bits by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Oil and Gas Metal Drill Bits Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Oil and Gas Metal Drill Bits Manufacturer Market Share in 2022
  • 3.5 Oil and Gas Metal Drill Bits Market: Overall Company Footprint Analysis
    • 3.5.1 Oil and Gas Metal Drill Bits Market: Region Footprint
    • 3.5.2 Oil and Gas Metal Drill Bits Market: Company Product Type Footprint
    • 3.5.3 Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits Market Size by Region
    • 4.1.1 Global Oil and Gas Metal Drill Bits Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Oil and Gas Metal Drill Bits Consumption Value by Region (2018-2029)
    • 4.1.3 Global Oil and Gas Metal Drill Bits Average Price by Region (2018-2029)
  • 4.2 North America Oil and Gas Metal Drill Bits Consumption Value (2018-2029)
  • 4.3 Europe Oil and Gas Metal Drill Bits Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Oil and Gas Metal Drill Bits Consumption Value (2018-2029)
  • 4.5 South America Oil and Gas Metal Drill Bits Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Oil and Gas Metal Drill Bits Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Oil and Gas Metal Drill Bits Sales Quantity by Type (2018-2029)
  • 5.2 Global Oil and Gas Metal Drill Bits Consumption Value by Type (2018-2029)
  • 5.3 Global Oil and Gas Metal Drill Bits Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Oil and Gas Metal Drill Bits Sales Quantity by Application (2018-2029)
  • 6.2 Global Oil and Gas Metal Drill Bits Consumption Value by Application (2018-2029)
  • 6.3 Global Oil and Gas Metal Drill Bits Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Oil and Gas Metal Drill Bits Sales Quantity by Type (2018-2029)
  • 7.2 North America Oil and Gas Metal Drill Bits Sales Quantity by Application (2018-2029)
  • 7.3 North America Oil and Gas Metal Drill Bits Market Size by Country
    • 7.3.1 North America Oil and Gas Metal Drill Bits Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Oil and Gas Metal Drill Bits Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Oil and Gas Metal Drill Bits Sales Quantity by Type (2018-2029)
  • 8.2 Europe Oil and Gas Metal Drill Bits Sales Quantity by Application (2018-2029)
  • 8.3 Europe Oil and Gas Metal Drill Bits Market Size by Country
    • 8.3.1 Europe Oil and Gas Metal Drill Bits Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Oil and Gas Metal Drill Bits Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Oil and Gas Metal Drill Bits Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Oil and Gas Metal Drill Bits Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Oil and Gas Metal Drill Bits Market Size by Region
    • 9.3.1 Asia-Pacific Oil and Gas Metal Drill Bits Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Oil and Gas Metal Drill Bits Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Oil and Gas Metal Drill Bits Sales Quantity by Type (2018-2029)
  • 10.2 South America Oil and Gas Metal Drill Bits Sales Quantity by Application (2018-2029)
  • 10.3 South America Oil and Gas Metal Drill Bits Market Size by Country
    • 10.3.1 South America Oil and Gas Metal Drill Bits Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Oil and Gas Metal Drill Bits Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Oil and Gas Metal Drill Bits Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Oil and Gas Metal Drill Bits Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Oil and Gas Metal Drill Bits Market Size by Country
    • 11.3.1 Middle East & Africa Oil and Gas Metal Drill Bits Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Oil and Gas Metal Drill Bits Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Oil and Gas Metal Drill Bits Market Drivers
  • 12.2 Oil and Gas Metal Drill Bits Market Restraints
  • 12.3 Oil and Gas Metal Drill Bits 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
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Oil and Gas Metal Drill Bits and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Oil and Gas Metal Drill Bits
  • 13.3 Oil and Gas Metal Drill Bits Production Process
  • 13.4 Oil and Gas Metal Drill Bits Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Oil and Gas Metal Drill Bits Typical Distributors
  • 14.3 Oil and Gas Metal Drill Bits Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Oil and Gas Metal Drill Bits market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
    Drill bits are cutting tools used in a drill to remove material to create holes, almost always of circular cross-section.
    This report is a detailed and comprehensive analysis for global Oil and Gas Metal Drill Bits market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
    Key Features:
    Global Oil and Gas Metal Drill Bits market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
    Global Oil and Gas Metal Drill Bits market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
    Global Oil and Gas Metal Drill Bits market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
    Global Oil and Gas Metal Drill Bits market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Oil and Gas Metal Drill Bits
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Oil and Gas Metal Drill Bits market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, BHGE, Halliburton, National Oilwell Varco and Varel International, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
    Market Segmentation
    Oil and Gas Metal Drill Bits market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Fixed Cutter Drill Bits
    Roller Cone Drill Bits
    Market segment by Application
    Onshore
    Offshore
    Major players covered
    Schlumberger
    BHGE
    Halliburton
    National Oilwell Varco
    Varel International
    Drilformance Technologies
    Sinopec Oilfield Equipment Corporation (SOFE)
    Baker Hughes
    Kingdream
    Sinopec
    China Petroleum
    Tianjin Lilin BIT Co., Ltd.
    Cangzhou GREAT Drill Bits
    Sichuan BOMCO Petroleum Drill BIT
    Chengdu BEST Diamond BIT
    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 Oil and Gas Metal Drill Bits product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Oil and Gas Metal Drill Bits, with price, sales, revenue and global market share of Oil and Gas Metal Drill Bits from 2018 to 2023.
    Chapter 3, the Oil and Gas Metal Drill Bits competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Oil and Gas Metal Drill Bits breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
    Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
    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 2022.and Oil and Gas Metal Drill Bits market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
    Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Oil and Gas Metal Drill Bits.
    Chapter 14 and 15, to describe Oil and Gas Metal Drill Bits sales channel, distributors, customers, research findings and conclusion.

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