Global Oilfield Drill Bits Market Insights, Forecast

 MDMA9EG4UFU8 |  Machinery & Equipment |  Feb 05, 2019  |  118

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 Oilfield Drill Bits market was valued at 5940 Million US$ in 2018 and is projected to reach 9540 Million US$ by 2025, at a CAGR of 6.1% 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 Oilfield Drill Bits.

This report presents the worldwide Oilfield Drill Bits 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 Inc
Drill Master Inc.
Halliburton Inc.
National Oilwell Varco Inc
Ulterra Drilling Technologies
Atlas Copco AB
Scientific Drilling International Inc

Oilfield Drill Bits Breakdown Data by Type
Roller Cone Bits
Fixed Cutter Bits
Oilfield Drill Bits Breakdown Data by Application

Oilfield Drill Bits Production by Region
United States
Other Regions

Oilfield Drill Bits Consumption by Region
North America
United States
South Korea
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Oilfield Drill Bits status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Oilfield Drill Bits manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 Oilfield Drill Bits :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Oilfield Drill Bits market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage
    1.1 Oilfield Drill Bits Product
    1.2 Key Market Segments in This Study
    1.3 Key Manufacturers Covered
    1.4 Market by Type
        1.4.1 Global Oilfield Drill Bits Market Size Growth Rate by Type
        1.4.2 Roller Cone Bits
        1.4.3 Fixed Cutter Bits
    1.5 Market by Application
        1.5.1 Global Oilfield Drill Bits 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 Oilfield Drill Bits Market Size
        2.1.1 Global Oilfield Drill Bits Revenue 2014-2025
        2.1.2 Global Oilfield Drill Bits Production 2014-2025
    2.2 Oilfield Drill Bits 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 Oilfield Drill Bits Manufacturers
   Oilfield Drill Bits Manufacturing Base Distribution, Headquarters
   Manufacturers Oilfield Drill Bits Product Offered
   Date of Manufacturers Enter into Oilfield Drill Bits Market
    2.4 Key Trends for Oilfield Drill Bits Markets & Products

3 Market Size by Manufacturers
    3.1 Oilfield Drill Bits Production by Manufacturers
        3.1.1 Oilfield Drill Bits Production by Manufacturers
        3.1.2 Oilfield Drill Bits Production Market Share by Manufacturers
    3.2 Oilfield Drill Bits Revenue by Manufacturers
        3.2.1 Oilfield Drill Bits Revenue by Manufacturers (2014-2019)
        3.2.2 Oilfield Drill Bits Revenue Share by Manufacturers (2014-2019)
    3.3 Oilfield Drill Bits Price by Manufacturers
    3.4 Mergers & Acquisitions, Expansion Plans

4 Oilfield Drill Bits Production by Regions
    4.1 Global Oilfield Drill Bits Production by Regions
        4.1.1 Global Oilfield Drill Bits Production Market Share by Regions
        4.1.2 Global Oilfield Drill Bits Revenue Market Share by Regions
    4.2 United States
        4.2.1 United States Oilfield Drill Bits Production
        4.2.2 United States Oilfield Drill Bits Revenue
        4.2.3 Key Players in United States
        4.2.4 United States Oilfield Drill Bits Import & Export
    4.3 Europe
        4.3.1 Europe Oilfield Drill Bits Production
        4.3.2 Europe Oilfield Drill Bits Revenue
        4.3.3 Key Players in Europe
        4.3.4 Europe Oilfield Drill Bits Import & Export
    4.4 China
        4.4.1 China Oilfield Drill Bits Production
        4.4.2 China Oilfield Drill Bits Revenue
        4.4.3 Key Players in China
        4.4.4 China Oilfield Drill Bits Import & Export
    4.5 Japan
        4.5.1 Japan Oilfield Drill Bits Production
        4.5.2 Japan Oilfield Drill Bits Revenue
        4.5.3 Key Players in Japan
        4.5.4 Japan Oilfield Drill Bits Import & Export
    4.6 Other Regions
        4.6.1 South Korea
        4.6.2 India
        4.6.3 Southeast Asia

5 Oilfield Drill Bits Consumption by Regions
    5.1 Global Oilfield Drill Bits Consumption by Regions
        5.1.1 Global Oilfield Drill Bits Consumption by Regions
        5.1.2 Global Oilfield Drill Bits Consumption Market Share by Regions
    5.2 North America
        5.2.1 North America Oilfield Drill Bits Consumption by Application
        5.2.2 North America Oilfield Drill Bits Consumption by Countries
        5.2.3 United States
        5.2.4 Canada
        5.2.5 Mexico
    5.3 Europe
        5.3.1 Europe Oilfield Drill Bits Consumption by Application
        5.3.2 Europe Oilfield Drill Bits Consumption by Countries
        5.3.3 Germany
        5.3.4 France
        5.3.5 UK
        5.3.6 Italy
        5.3.7 Russia
    5.4 Asia Pacific
        5.4.1 Asia Pacific Oilfield Drill Bits Consumption by Application
        5.4.2 Asia Pacific Oilfield Drill Bits Consumption by Countries
        5.4.3 China
        5.4.4 Japan
        5.4.5 South Korea
        5.4.6 India
        5.4.7 Australia
        5.4.8 Indonesia
        5.4.9 Thailand
        5.4.10 Malaysia
        5.4.11 Philippines
        5.4.12 Vietnam
    5.5 Central & South America
        5.5.1 Central & South America Oilfield Drill Bits Consumption by Application
        5.5.2 Central & South America Oilfield Drill Bits Consumption by Country
        5.5.3 Brazil
    5.6 Middle East and Africa
        5.6.1 Middle East and Africa Oilfield Drill Bits Consumption by Application
        5.6.2 Middle East and Africa Oilfield Drill Bits Consumption by Countries
        5.6.3 GCC Countries
        5.6.4 Egypt
        5.6.5 South Africa

6 Market Size by Type
    6.1 Global Oilfield Drill Bits Production by Type
    6.2 Global Oilfield Drill Bits Revenue by Type
    6.3 Oilfield Drill Bits Price by Type

7 Market Size by Application
    7.1 Overview
    7.2 Global Oilfield Drill Bits Breakdown Dada by Application
        7.2.1 Global Oilfield Drill Bits Consumption by Application
        7.2.2 Global Oilfield Drill Bits Consumption Market Share by Application (2014-2019)

8 Manufacturers Profiles
    8.1 Baker Hughes Inc
        8.1.1 Baker Hughes Inc Company Details
        8.1.2 Company Overview
        8.1.3 Baker Hughes Inc Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.1.4 Baker Hughes Inc Oilfield Drill Bits Product Description
        8.1.5 Baker Hughes Inc Recent Development
    8.2 Drill Master Inc.
        8.2.1 Drill Master Inc. Company Details
        8.2.2 Company Overview
        8.2.3 Drill Master Inc. Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.2.4 Drill Master Inc. Oilfield Drill Bits Product Description
        8.2.5 Drill Master Inc. Recent Development
    8.3 Schlumberger
        8.3.1 Schlumberger Company Details
        8.3.2 Company Overview
        8.3.3 Schlumberger Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.3.4 Schlumberger Oilfield Drill Bits Product Description
        8.3.5 Schlumberger Recent Development
    8.4 Halliburton Inc.
        8.4.1 Halliburton Inc. Company Details
        8.4.2 Company Overview
        8.4.3 Halliburton Inc. Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.4.4 Halliburton Inc. Oilfield Drill Bits Product Description
        8.4.5 Halliburton Inc. Recent Development
    8.5 National Oilwell Varco Inc
        8.5.1 National Oilwell Varco Inc Company Details
        8.5.2 Company Overview
        8.5.3 National Oilwell Varco Inc Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.5.4 National Oilwell Varco Inc Oilfield Drill Bits Product Description
        8.5.5 National Oilwell Varco Inc Recent Development
    8.6 Ulterra Drilling Technologies
        8.6.1 Ulterra Drilling Technologies Company Details
        8.6.2 Company Overview
        8.6.3 Ulterra Drilling Technologies Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.6.4 Ulterra Drilling Technologies Oilfield Drill Bits Product Description
        8.6.5 Ulterra Drilling Technologies Recent Development
    8.7 Atlas Copco AB
        8.7.1 Atlas Copco AB Company Details
        8.7.2 Company Overview
        8.7.3 Atlas Copco AB Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.7.4 Atlas Copco AB Oilfield Drill Bits Product Description
        8.7.5 Atlas Copco AB Recent Development
    8.8 Scientific Drilling International Inc
        8.8.1 Scientific Drilling International Inc Company Details
        8.8.2 Company Overview
        8.8.3 Scientific Drilling International Inc Oilfield Drill Bits Production Revenue and Gross Margin (2014-2019)
        8.8.4 Scientific Drilling International Inc Oilfield Drill Bits Product Description
        8.8.5 Scientific Drilling International Inc Recent Development

9 Production Forecasts
    9.1 Oilfield Drill Bits Production and Revenue Forecast
        9.1.1 Global Oilfield Drill Bits Production Forecast 2019-2025
        9.1.2 Global Oilfield Drill Bits Revenue Forecast 2019-2025
    9.2 Oilfield Drill Bits Production and Revenue Forecast by Regions
        9.2.1 Global Oilfield Drill Bits Revenue Forecast by Regions
        9.2.2 Global Oilfield Drill Bits Production Forecast by Regions
    9.3 Oilfield Drill Bits Key Producers Forecast
        9.3.1 United States
        9.3.2 Europe
        9.3.3 China
        9.3.4 Japan
    9.4 Forecast by Type
        9.4.1 Global Oilfield Drill Bits Production Forecast by Type
        9.4.2 Global Oilfield Drill Bits Revenue Forecast by Type

10 Consumption Forecast
    10.1 Oilfield Drill Bits Consumption Forecast by Application
    10.2 Oilfield Drill Bits Consumption Forecast by Regions
    10.3 North America Market Consumption Forecast
        10.3.1 North America Oilfield Drill Bits Consumption Forecast by Regions 2019-2025
        10.3.2 United States
        10.3.3 Canada
        10.3.4 Mexico
    10.4 Europe Market Consumption Forecast
        10.4.1 Europe Oilfield Drill Bits Consumption Forecast by Regions 2019-2025
        10.4.2 Germany
        10.4.3 France
        10.4.4 UK
        10.4.5 Italy
        10.4.6 Russia
    10.5 Asia Pacific Market Consumption Forecast
        10.5.1 Asia Pacific Oilfield Drill Bits Consumption Forecast by Regions 2019-2025
        10.5.2 China
        10.5.3 Japan
        10.5.4 South Korea
        10.5.5 India
        10.5.6 Australia
        10.5.7 Indonesia
        10.5.8 Thailand
        10.5.9 Malaysia
        10.5.10 Philippines
        10.5.11 Vietnam
    10.6 Central & South America Market Consumption Forecast
        10.6.1 Central & South America Oilfield Drill Bits Consumption Forecast by Regions 2019-2025
        10.6.2 Brazil
    10.7 Middle East and Africa Market Consumption Forecast
        10.7.1 Middle East and Africa Oilfield Drill Bits Consumption Forecast by Regions 2019-2025
        10.7.2 GCC Countries
        10.7.3 Egypt
        10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
    11.1 Value Chain Analysis
    11.2 Sales Channels Analysis
        11.2.1 Oilfield Drill Bits Sales Channels
        11.2.2 Oilfield Drill Bits Distributors
    11.3 Oilfield Drill Bits Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
    12.1 Market Opportunities and Drivers
    12.2 Market Challenges
    12.3 Market Risks/Restraints

13 Key Findings in the Global Oilfield Drill Bits Study

14 Appendix
    14.1 Research Methodology
        14.1.1 Methodology/Research Approach
   Research Programs/Design
   Market Size Estimation
   Market Breakdown and Data Triangulation
        14.1.2 Data Source
   Secondary Sources
   Primary Sources
    14.2 Author Details
    14.3 Disclaimer

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