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Global Downhole Drilling Tools Market Research Report 2025
Synopsis
Downhole drilling tools are collection of tools used in downhole drilling applications. They include drill bit, drill collar, drill pipe, kelly stem, stabilizer, etc. Among these, drill bit is core component and acts in the bottom of drilling system.
The global Downhole Drilling Tools market was valued at US$ 7657.1 million in 2023 and is anticipated to reach US$ 9770 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Baker Hughes, Schlumberger, Halliburton, and National Oilwell Varco are the world's leading downhole drilling tools manufacturers, with a combined market share of 80%.North America is the largest consumption place, with a consumption market share nearly 87%.
This report aims to provide a comprehensive presentation of the global market for Downhole Drilling Tools, 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 Downhole Drilling Tools.
Report Scope
The Downhole Drilling Tools market size, estimations, and forecasts are provided in terms of output/shipments (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 Downhole Drilling Tools 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 Downhole Drilling Tools 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
Baker Hughes
Schlumberger
Halliburton
National Oilwell Varco
Varel International
Kingdream
Baoshi Machinery
Jiangxi Feilong
Segment by Type
Fixed Cutter Drill Bit
Roller Cone Drill Bit
Others
Segment by Application
Oil Field
Gas Field
Production by Region
North America
Europe
Middle East & Africa
Japan
China
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 Downhole Drilling Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Downhole Drilling Tools 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 Downhole Drilling Tools 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.
Downhole drilling tools are collection of tools used in downhole drilling applications. They include drill bit, drill collar, drill pipe, kelly stem, stabilizer, etc. Among these, drill bit is core component and acts in the bottom of drilling system.
The global Downhole Drilling Tools market was valued at US$ 7657.1 million in 2023 and is anticipated to reach US$ 9770 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Baker Hughes, Schlumberger, Halliburton, and National Oilwell Varco are the world's leading downhole drilling tools manufacturers, with a combined market share of 80%.North America is the largest consumption place, with a consumption market share nearly 87%.
This report aims to provide a comprehensive presentation of the global market for Downhole Drilling Tools, 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 Downhole Drilling Tools.
Report Scope
The Downhole Drilling Tools market size, estimations, and forecasts are provided in terms of output/shipments (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 Downhole Drilling Tools 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 Downhole Drilling Tools 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
Baker Hughes
Schlumberger
Halliburton
National Oilwell Varco
Varel International
Kingdream
Baoshi Machinery
Jiangxi Feilong
Segment by Type
Fixed Cutter Drill Bit
Roller Cone Drill Bit
Others
Segment by Application
Oil Field
Gas Field
Production by Region
North America
Europe
Middle East & Africa
Japan
China
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 Downhole Drilling Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Downhole Drilling Tools 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 Downhole Drilling Tools 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 Downhole Drilling Tools Market Overview
1.1 Product Definition
1.2 Downhole Drilling Tools Segment by Type
1.2.1 Global Downhole Drilling Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Fixed Cutter Drill Bit
1.2.3 Roller Cone Drill Bit
1.2.4 Others
1.3 Downhole Drilling Tools Segment by Application
1.3.1 Global Downhole Drilling Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Oil Field
1.3.3 Gas Field
1.4 Global Market Growth Prospects
1.4.1 Global Downhole Drilling Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Downhole Drilling Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Downhole Drilling Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global Downhole Drilling Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Downhole Drilling Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global Downhole Drilling Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Downhole Drilling Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Downhole Drilling Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Downhole Drilling Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Downhole Drilling Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Downhole Drilling Tools, Product Offered and Application
2.8 Global Key Manufacturers of Downhole Drilling Tools, Date of Enter into This Industry
2.9 Downhole Drilling Tools Market Competitive Situation and Trends
2.9.1 Downhole Drilling Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest Downhole Drilling Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Downhole Drilling Tools Production by Region
3.1 Global Downhole Drilling Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Downhole Drilling Tools Production Value by Region (2019-2030)
3.2.1 Global Downhole Drilling Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Downhole Drilling Tools by Region (2025-2030)
3.3 Global Downhole Drilling Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Downhole Drilling Tools Production by Region (2019-2030)
3.4.1 Global Downhole Drilling Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Downhole Drilling Tools by Region (2025-2030)
3.5 Global Downhole Drilling Tools Market Price Analysis by Region (2019-2024)
3.6 Global Downhole Drilling Tools Production and Value, Year-over-Year Growth
3.6.1 North America Downhole Drilling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Downhole Drilling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 Middle East & Africa Downhole Drilling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Downhole Drilling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Downhole Drilling Tools Production Value Estimates and Forecasts (2019-2030)
4 Downhole Drilling Tools Consumption by Region
4.1 Global Downhole Drilling Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Downhole Drilling Tools Consumption by Region (2019-2030)
4.2.1 Global Downhole Drilling Tools Consumption by Region (2019-2024)
4.2.2 Global Downhole Drilling Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Downhole Drilling Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Downhole Drilling Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Downhole Drilling Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Downhole Drilling Tools 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 Downhole Drilling Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Downhole Drilling Tools 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 Downhole Drilling Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Downhole Drilling Tools Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Downhole Drilling Tools Production by Type (2019-2030)
5.1.1 Global Downhole Drilling Tools Production by Type (2019-2024)
5.1.2 Global Downhole Drilling Tools Production by Type (2025-2030)
5.1.3 Global Downhole Drilling Tools Production Market Share by Type (2019-2030)
5.2 Global Downhole Drilling Tools Production Value by Type (2019-2030)
5.2.1 Global Downhole Drilling Tools Production Value by Type (2019-2024)
5.2.2 Global Downhole Drilling Tools Production Value by Type (2025-2030)
5.2.3 Global Downhole Drilling Tools Production Value Market Share by Type (2019-2030)
5.3 Global Downhole Drilling Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global Downhole Drilling Tools Production by Application (2019-2030)
6.1.1 Global Downhole Drilling Tools Production by Application (2019-2024)
6.1.2 Global Downhole Drilling Tools Production by Application (2025-2030)
6.1.3 Global Downhole Drilling Tools Production Market Share by Application (2019-2030)
6.2 Global Downhole Drilling Tools Production Value by Application (2019-2030)
6.2.1 Global Downhole Drilling Tools Production Value by Application (2019-2024)
6.2.2 Global Downhole Drilling Tools Production Value by Application (2025-2030)
6.2.3 Global Downhole Drilling Tools Production Value Market Share by Application (2019-2030)
6.3 Global Downhole Drilling Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Baker Hughes
7.1.1 Baker Hughes Downhole Drilling Tools Corporation Information
7.1.2 Baker Hughes Downhole Drilling Tools Product Portfolio
7.1.3 Baker Hughes Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Baker Hughes Main Business and Markets Served
7.1.5 Baker Hughes Recent Developments/Updates
7.2 Schlumberger
7.2.1 Schlumberger Downhole Drilling Tools Corporation Information
7.2.2 Schlumberger Downhole Drilling Tools Product Portfolio
7.2.3 Schlumberger Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Schlumberger Main Business and Markets Served
7.2.5 Schlumberger Recent Developments/Updates
7.3 Halliburton
7.3.1 Halliburton Downhole Drilling Tools Corporation Information
7.3.2 Halliburton Downhole Drilling Tools Product Portfolio
7.3.3 Halliburton Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Halliburton Main Business and Markets Served
7.3.5 Halliburton Recent Developments/Updates
7.4 National Oilwell Varco
7.4.1 National Oilwell Varco Downhole Drilling Tools Corporation Information
7.4.2 National Oilwell Varco Downhole Drilling Tools Product Portfolio
7.4.3 National Oilwell Varco Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 National Oilwell Varco Main Business and Markets Served
7.4.5 National Oilwell Varco Recent Developments/Updates
7.5 Varel International
7.5.1 Varel International Downhole Drilling Tools Corporation Information
7.5.2 Varel International Downhole Drilling Tools Product Portfolio
7.5.3 Varel International Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Varel International Main Business and Markets Served
7.5.5 Varel International Recent Developments/Updates
7.6 Kingdream
7.6.1 Kingdream Downhole Drilling Tools Corporation Information
7.6.2 Kingdream Downhole Drilling Tools Product Portfolio
7.6.3 Kingdream Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Kingdream Main Business and Markets Served
7.6.5 Kingdream Recent Developments/Updates
7.7 Baoshi Machinery
7.7.1 Baoshi Machinery Downhole Drilling Tools Corporation Information
7.7.2 Baoshi Machinery Downhole Drilling Tools Product Portfolio
7.7.3 Baoshi Machinery Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Baoshi Machinery Main Business and Markets Served
7.7.5 Baoshi Machinery Recent Developments/Updates
7.8 Jiangxi Feilong
7.8.1 Jiangxi Feilong Downhole Drilling Tools Corporation Information
7.8.2 Jiangxi Feilong Downhole Drilling Tools Product Portfolio
7.8.3 Jiangxi Feilong Downhole Drilling Tools Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Jiangxi Feilong Main Business and Markets Served
7.7.5 Jiangxi Feilong Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Downhole Drilling Tools Industry Chain Analysis
8.2 Downhole Drilling Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Downhole Drilling Tools Production Mode & Process
8.4 Downhole Drilling Tools Sales and Marketing
8.4.1 Downhole Drilling Tools Sales Channels
8.4.2 Downhole Drilling Tools Distributors
8.5 Downhole Drilling Tools Customers
9 Downhole Drilling Tools Market Dynamics
9.1 Downhole Drilling Tools Industry Trends
9.2 Downhole Drilling Tools Market Drivers
9.3 Downhole Drilling Tools Market Challenges
9.4 Downhole Drilling Tools 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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