Oilfield drill bits are important tools used in the drilling of boreholes in the exploration of oil and gas activities. The drill bits are selected depending on the type of formation that is being drilled. Drill bits produce drill cuttings which can be removed later using drilling mud. Irrespective of type of drill bit, these bits need to suffice two main conditions that include maximizing the formations rate of penetration (ROP) while providing a long and sturdy service life.
The major factors propelling the growth of this market include increasing demand for crude oil and natural gas from countries globally.
The global Oilfield Drill Bits market is valued at 5940 million US$ in 2018 is expected to reach 9540 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2019-2025.
This report focuses on Oilfield Drill Bits volume and value at global level, regional level and company level. From a global perspective, this report represents overall Oilfield Drill Bits market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Baker Hughes Inc
Drill Master Inc.
Schlumberger
Halliburton Inc.
National Oilwell Varco Inc
Ulterra Drilling Technologies
Atlas Copco AB
Scientific Drilling International Inc
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Roller Cone Bits
Fixed Cutter Bits
Segment by Application
Onshore
Offshore
Table of Contents
Executive Summary
1 Oilfield Drill Bits Market Overview
1.1 Product Overview and Scope of Oilfield Drill Bits
1.2 Oilfield Drill Bits Segment by Type
1.2.1 Global Oilfield Drill Bits Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Roller Cone Bits
1.2.3 Fixed Cutter Bits
1.3 Oilfield Drill Bits Segment by Application
1.3.1 Oilfield Drill Bits Consumption Comparison by Application (2014-2025)
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Oilfield Drill Bits Market by Region
1.4.1 Global Oilfield Drill Bits Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Oilfield Drill Bits Market Size
1.5.1 Global Oilfield Drill Bits Revenue (2014-2025)
1.5.2 Global Oilfield Drill Bits Production (2014-2025)
2 Global Oilfield Drill Bits Market Competition by Manufacturers
2.1 Global Oilfield Drill Bits Production Market Share by Manufacturers (2014-2019)
2.2 Global Oilfield Drill Bits Revenue Share by Manufacturers (2014-2019)
2.3 Global Oilfield Drill Bits Average Price by Manufacturers (2014-2019)
2.4 Manufacturers Oilfield Drill Bits Production Sites, Area Served, Product Types
2.5 Oilfield Drill Bits Market Competitive Situation and Trends
Summary: Get latest Market Research Reports on Oilfield Drill Bits . Industry analysis & Market Report on Oilfield Drill Bits is a syndicated market report, published as Global Oilfield Drill Bits Market Research Report 2019. It is complete Research Study and Industry Analysis of Oilfield Drill Bits market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.