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Global Cobalt Drill Bits Market Research Report 2025
Synopsis
Most cobalt drill bits are made from a combination of cobalt and steel; cobalt alone is a weak drilling material that may deteriorate.
The global Cobalt Drill Bits market was valued at US$ 186.3 million in 2023 and is anticipated to reach US$ 260.9 million by 2030, witnessing a CAGR of 5.0% during the forecast period 2024-2030.
North American market for Cobalt Drill Bits is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Cobalt Drill Bits is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Cobalt Drill Bits include Drill America, DEWALT, Craftsman, Bosch, KENNEDY, Migiwata, Efficere, Chicago Latrobe and Neiko, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Cobalt Drill Bits, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cobalt Drill Bits.
Report Scope
The Cobalt Drill Bits market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cobalt Drill Bits market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cobalt Drill Bits manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Drill America
DEWALT
Craftsman
Bosch
KENNEDY
Migiwata
Efficere
Chicago Latrobe
Neiko
Segment by Type
Twist Drill Bits
Countersink Drill Bits
Counterbore Drill Bits
Cobalt Step Drill Bits
Segment by Application
Supermarket
Specialty Store
Online Shop
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cobalt Drill Bits manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Cobalt Drill Bits by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Cobalt Drill Bits in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Most cobalt drill bits are made from a combination of cobalt and steel; cobalt alone is a weak drilling material that may deteriorate.
The global Cobalt Drill Bits market was valued at US$ 186.3 million in 2023 and is anticipated to reach US$ 260.9 million by 2030, witnessing a CAGR of 5.0% during the forecast period 2024-2030.
North American market for Cobalt Drill Bits is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Cobalt Drill Bits is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Cobalt Drill Bits include Drill America, DEWALT, Craftsman, Bosch, KENNEDY, Migiwata, Efficere, Chicago Latrobe and Neiko, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Cobalt Drill Bits, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cobalt Drill Bits.
Report Scope
The Cobalt Drill Bits market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cobalt Drill Bits market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cobalt Drill Bits manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Drill America
DEWALT
Craftsman
Bosch
KENNEDY
Migiwata
Efficere
Chicago Latrobe
Neiko
Segment by Type
Twist Drill Bits
Countersink Drill Bits
Counterbore Drill Bits
Cobalt Step Drill Bits
Segment by Application
Supermarket
Specialty Store
Online Shop
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cobalt Drill Bits manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Cobalt Drill Bits by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Cobalt Drill Bits in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Cobalt Drill Bits Market Overview
1.1 Product Definition
1.2 Cobalt Drill Bits Segment by Type
1.2.1 Global Cobalt Drill Bits Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Twist Drill Bits
1.2.3 Countersink Drill Bits
1.2.4 Counterbore Drill Bits
1.2.5 Cobalt Step Drill Bits
1.3 Cobalt Drill Bits Segment by Application
1.3.1 Global Cobalt Drill Bits Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Supermarket
1.3.3 Specialty Store
1.3.4 Online Shop
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Cobalt Drill Bits Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Cobalt Drill Bits Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Cobalt Drill Bits Production Estimates and Forecasts (2019-2030)
1.4.4 Global Cobalt Drill Bits Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Cobalt Drill Bits Production Market Share by Manufacturers (2019-2024)
2.2 Global Cobalt Drill Bits Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Cobalt Drill Bits, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Cobalt Drill Bits Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Cobalt Drill Bits Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Cobalt Drill Bits, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Cobalt Drill Bits, Product Offered and Application
2.8 Global Key Manufacturers of Cobalt Drill Bits, Date of Enter into This Industry
2.9 Cobalt Drill Bits Market Competitive Situation and Trends
2.9.1 Cobalt Drill Bits Market Concentration Rate
2.9.2 Global 5 and 10 Largest Cobalt Drill Bits Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Cobalt Drill Bits Production by Region
3.1 Global Cobalt Drill Bits Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Cobalt Drill Bits Production Value by Region (2019-2030)
3.2.1 Global Cobalt Drill Bits Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Cobalt Drill Bits by Region (2025-2030)
3.3 Global Cobalt Drill Bits Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Cobalt Drill Bits Production by Region (2019-2030)
3.4.1 Global Cobalt Drill Bits Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Cobalt Drill Bits by Region (2025-2030)
3.5 Global Cobalt Drill Bits Market Price Analysis by Region (2019-2024)
3.6 Global Cobalt Drill Bits Production and Value, Year-over-Year Growth
3.6.1 North America Cobalt Drill Bits Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Cobalt Drill Bits Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Cobalt Drill Bits Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Cobalt Drill Bits Production Value Estimates and Forecasts (2019-2030)
4 Cobalt Drill Bits Consumption by Region
4.1 Global Cobalt Drill Bits Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Cobalt Drill Bits Consumption by Region (2019-2030)
4.2.1 Global Cobalt Drill Bits Consumption by Region (2019-2024)
4.2.2 Global Cobalt Drill Bits Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Cobalt Drill Bits Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Cobalt Drill Bits Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Cobalt Drill Bits Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Cobalt Drill Bits Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Cobalt Drill Bits Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Cobalt Drill Bits Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Cobalt Drill Bits Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Cobalt Drill Bits Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Cobalt Drill Bits Production by Type (2019-2030)
5.1.1 Global Cobalt Drill Bits Production by Type (2019-2024)
5.1.2 Global Cobalt Drill Bits Production by Type (2025-2030)
5.1.3 Global Cobalt Drill Bits Production Market Share by Type (2019-2030)
5.2 Global Cobalt Drill Bits Production Value by Type (2019-2030)
5.2.1 Global Cobalt Drill Bits Production Value by Type (2019-2024)
5.2.2 Global Cobalt Drill Bits Production Value by Type (2025-2030)
5.2.3 Global Cobalt Drill Bits Production Value Market Share by Type (2019-2030)
5.3 Global Cobalt Drill Bits Price by Type (2019-2030)
6 Segment by Application
6.1 Global Cobalt Drill Bits Production by Application (2019-2030)
6.1.1 Global Cobalt Drill Bits Production by Application (2019-2024)
6.1.2 Global Cobalt Drill Bits Production by Application (2025-2030)
6.1.3 Global Cobalt Drill Bits Production Market Share by Application (2019-2030)
6.2 Global Cobalt Drill Bits Production Value by Application (2019-2030)
6.2.1 Global Cobalt Drill Bits Production Value by Application (2019-2024)
6.2.2 Global Cobalt Drill Bits Production Value by Application (2025-2030)
6.2.3 Global Cobalt Drill Bits Production Value Market Share by Application (2019-2030)
6.3 Global Cobalt Drill Bits Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Drill America
7.1.1 Drill America Cobalt Drill Bits Corporation Information
7.1.2 Drill America Cobalt Drill Bits Product Portfolio
7.1.3 Drill America Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Drill America Main Business and Markets Served
7.1.5 Drill America Recent Developments/Updates
7.2 DEWALT
7.2.1 DEWALT Cobalt Drill Bits Corporation Information
7.2.2 DEWALT Cobalt Drill Bits Product Portfolio
7.2.3 DEWALT Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.2.4 DEWALT Main Business and Markets Served
7.2.5 DEWALT Recent Developments/Updates
7.3 Craftsman
7.3.1 Craftsman Cobalt Drill Bits Corporation Information
7.3.2 Craftsman Cobalt Drill Bits Product Portfolio
7.3.3 Craftsman Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Craftsman Main Business and Markets Served
7.3.5 Craftsman Recent Developments/Updates
7.4 Bosch
7.4.1 Bosch Cobalt Drill Bits Corporation Information
7.4.2 Bosch Cobalt Drill Bits Product Portfolio
7.4.3 Bosch Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bosch Main Business and Markets Served
7.4.5 Bosch Recent Developments/Updates
7.5 KENNEDY
7.5.1 KENNEDY Cobalt Drill Bits Corporation Information
7.5.2 KENNEDY Cobalt Drill Bits Product Portfolio
7.5.3 KENNEDY Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.5.4 KENNEDY Main Business and Markets Served
7.5.5 KENNEDY Recent Developments/Updates
7.6 Migiwata
7.6.1 Migiwata Cobalt Drill Bits Corporation Information
7.6.2 Migiwata Cobalt Drill Bits Product Portfolio
7.6.3 Migiwata Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Migiwata Main Business and Markets Served
7.6.5 Migiwata Recent Developments/Updates
7.7 Efficere
7.7.1 Efficere Cobalt Drill Bits Corporation Information
7.7.2 Efficere Cobalt Drill Bits Product Portfolio
7.7.3 Efficere Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Efficere Main Business and Markets Served
7.7.5 Efficere Recent Developments/Updates
7.8 Chicago Latrobe
7.8.1 Chicago Latrobe Cobalt Drill Bits Corporation Information
7.8.2 Chicago Latrobe Cobalt Drill Bits Product Portfolio
7.8.3 Chicago Latrobe Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Chicago Latrobe Main Business and Markets Served
7.7.5 Chicago Latrobe Recent Developments/Updates
7.9 Neiko
7.9.1 Neiko Cobalt Drill Bits Corporation Information
7.9.2 Neiko Cobalt Drill Bits Product Portfolio
7.9.3 Neiko Cobalt Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Neiko Main Business and Markets Served
7.9.5 Neiko Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Cobalt Drill Bits Industry Chain Analysis
8.2 Cobalt Drill Bits Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Cobalt Drill Bits Production Mode & Process
8.4 Cobalt Drill Bits Sales and Marketing
8.4.1 Cobalt Drill Bits Sales Channels
8.4.2 Cobalt Drill Bits Distributors
8.5 Cobalt Drill Bits Customers
9 Cobalt Drill Bits Market Dynamics
9.1 Cobalt Drill Bits Industry Trends
9.2 Cobalt Drill Bits Market Drivers
9.3 Cobalt Drill Bits Market Challenges
9.4 Cobalt Drill Bits Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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