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Oil and Gas Drilling Bits-Global Market Insights and Sales Trends 2025

Oil and Gas Drilling Bits-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1812252

No of Pages : 122

Synopsis
The global Oil and Gas Drilling Bits market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Oil and Gas Drilling Bits in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Oil and Gas Drilling Bits market. Fixed Cutter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Roller Cone segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Oil and Gas Drilling Bits market, driven by demand from China, the second largest economy with some signs of stabilising, the Oil and Gas Drilling Bits market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oil and Gas Drilling Bits, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oil and Gas Drilling Bits market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oil and Gas Drilling Bits market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oil and Gas Drilling Bits sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oil and Gas Drilling Bits covered in this report include GE(Baker Hughes), Halliburton, National Oilwell Varco, Schlumberger, Varel International, Atlas Copco, Bellwether Resources International, Bit Brokers International and Century Products, etc.
The global Oil and Gas Drilling Bits market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(Baker Hughes)
Halliburton
National Oilwell Varco
Schlumberger
Varel International
Atlas Copco
Bellwether Resources International
Bit Brokers International
Century Products
DRILLBITS International
Drilformance
Drill King International
Drilling Products
Harvest Tool
Hole Products
Kay Rock Bit
Master Oil Tool
Nile Petroleum Industrial
OTS International
PDB Tools
Global Oil and Gas Drilling Bits market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil and Gas Drilling Bits market, Segment by Type:
Fixed Cutter
Roller Cone
Other
Global Oil and Gas Drilling Bits market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Oil and Gas Drilling Bits manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Oil and Gas Drilling Bits in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Oil and Gas Drilling Bits Market Overview
1.1 Oil and Gas Drilling Bits Product Overview
1.2 Oil and Gas Drilling Bits Market Segment by Type
1.2.1 Fixed Cutter
1.2.2 Roller Cone
1.2.3 Other
1.3 Global Oil and Gas Drilling Bits Market Size by Type
1.3.1 Global Oil and Gas Drilling Bits Market Size Overview by Type (2018-2029)
1.3.2 Global Oil and Gas Drilling Bits Historic Market Size Review by Type (2018-2023)
1.3.3 Global Oil and Gas Drilling Bits Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Oil and Gas Drilling Bits Sales Breakdown by Type (2018-2023)
1.4.2 Europe Oil and Gas Drilling Bits Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Oil and Gas Drilling Bits Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Oil and Gas Drilling Bits Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Oil and Gas Drilling Bits Sales Breakdown by Type (2018-2023)
2 Global Oil and Gas Drilling Bits Market Competition by Company
2.1 Global Top Players by Oil and Gas Drilling Bits Sales (2018-2023)
2.2 Global Top Players by Oil and Gas Drilling Bits Revenue (2018-2023)
2.3 Global Top Players by Oil and Gas Drilling Bits Price (2018-2023)
2.4 Global Top Manufacturers Oil and Gas Drilling Bits Manufacturing Base Distribution, Sales Area, Product Type
2.5 Oil and Gas Drilling Bits Market Competitive Situation and Trends
2.5.1 Oil and Gas Drilling Bits Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Oil and Gas Drilling Bits Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oil and Gas Drilling Bits as of 2022)
2.7 Date of Key Manufacturers Enter into Oil and Gas Drilling Bits Market
2.8 Key Manufacturers Oil and Gas Drilling Bits Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Oil and Gas Drilling Bits Status and Outlook by Region
3.1 Global Oil and Gas Drilling Bits Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Oil and Gas Drilling Bits Historic Market Size by Region
3.2.1 Global Oil and Gas Drilling Bits Sales in Volume by Region (2018-2023)
3.2.2 Global Oil and Gas Drilling Bits Sales in Value by Region (2018-2023)
3.2.3 Global Oil and Gas Drilling Bits Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Oil and Gas Drilling Bits Forecasted Market Size by Region
3.3.1 Global Oil and Gas Drilling Bits Sales in Volume by Region (2024-2029)
3.3.2 Global Oil and Gas Drilling Bits Sales in Value by Region (2024-2029)
3.3.3 Global Oil and Gas Drilling Bits Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Oil and Gas Drilling Bits by Application
4.1 Oil and Gas Drilling Bits Market Segment by Application
4.1.1 Onshore
4.1.2 Offshore
4.2 Global Oil and Gas Drilling Bits Market Size by Application
4.2.1 Global Oil and Gas Drilling Bits Market Size Overview by Application (2018-2029)
4.2.2 Global Oil and Gas Drilling Bits Historic Market Size Review by Application (2018-2023)
4.2.3 Global Oil and Gas Drilling Bits Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Oil and Gas Drilling Bits Sales Breakdown by Application (2018-2023)
4.3.2 Europe Oil and Gas Drilling Bits Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Oil and Gas Drilling Bits Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Oil and Gas Drilling Bits Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Oil and Gas Drilling Bits Sales Breakdown by Application (2018-2023)
5 North America Oil and Gas Drilling Bits by Country
5.1 North America Oil and Gas Drilling Bits Historic Market Size by Country
5.1.1 North America Oil and Gas Drilling Bits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Oil and Gas Drilling Bits Sales in Volume by Country (2018-2023)
5.1.3 North America Oil and Gas Drilling Bits Sales in Value by Country (2018-2023)
5.2 North America Oil and Gas Drilling Bits Forecasted Market Size by Country
5.2.1 North America Oil and Gas Drilling Bits Sales in Volume by Country (2024-2029)
5.2.2 North America Oil and Gas Drilling Bits Sales in Value by Country (2024-2029)
6 Europe Oil and Gas Drilling Bits by Country
6.1 Europe Oil and Gas Drilling Bits Historic Market Size by Country
6.1.1 Europe Oil and Gas Drilling Bits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Oil and Gas Drilling Bits Sales in Volume by Country (2018-2023)
6.1.3 Europe Oil and Gas Drilling Bits Sales in Value by Country (2018-2023)
6.2 Europe Oil and Gas Drilling Bits Forecasted Market Size by Country
6.2.1 Europe Oil and Gas Drilling Bits Sales in Volume by Country (2024-2029)
6.2.2 Europe Oil and Gas Drilling Bits Sales in Value by Country (2024-2029)
7 Asia-Pacific Oil and Gas Drilling Bits by Region
7.1 Asia-Pacific Oil and Gas Drilling Bits Historic Market Size by Region
7.1.1 Asia-Pacific Oil and Gas Drilling Bits Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Oil and Gas Drilling Bits Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Oil and Gas Drilling Bits Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Oil and Gas Drilling Bits Forecasted Market Size by Region
7.2.1 Asia-Pacific Oil and Gas Drilling Bits Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Oil and Gas Drilling Bits Sales in Value by Region (2024-2029)
8 Latin America Oil and Gas Drilling Bits by Country
8.1 Latin America Oil and Gas Drilling Bits Historic Market Size by Country
8.1.1 Latin America Oil and Gas Drilling Bits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Oil and Gas Drilling Bits Sales in Volume by Country (2018-2023)
8.1.3 Latin America Oil and Gas Drilling Bits Sales in Value by Country (2018-2023)
8.2 Latin America Oil and Gas Drilling Bits Forecasted Market Size by Country
8.2.1 Latin America Oil and Gas Drilling Bits Sales in Volume by Country (2024-2029)
8.2.2 Latin America Oil and Gas Drilling Bits Sales in Value by Country (2024-2029)
9 Middle East and Africa Oil and Gas Drilling Bits by Country
9.1 Middle East and Africa Oil and Gas Drilling Bits Historic Market Size by Country
9.1.1 Middle East and Africa Oil and Gas Drilling Bits Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Oil and Gas Drilling Bits Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Oil and Gas Drilling Bits Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Oil and Gas Drilling Bits Forecasted Market Size by Country
9.2.1 Middle East and Africa Oil and Gas Drilling Bits Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Oil and Gas Drilling Bits Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE(Baker Hughes)
10.1.1 GE(Baker Hughes) Company Information
10.1.2 GE(Baker Hughes) Introduction and Business Overview
10.1.3 GE(Baker Hughes) Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE(Baker Hughes) Oil and Gas Drilling Bits Products Offered
10.1.5 GE(Baker Hughes) Recent Development
10.2 Halliburton
10.2.1 Halliburton Company Information
10.2.2 Halliburton Introduction and Business Overview
10.2.3 Halliburton Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Halliburton Oil and Gas Drilling Bits Products Offered
10.2.5 Halliburton Recent Development
10.3 National Oilwell Varco
10.3.1 National Oilwell Varco Company Information
10.3.2 National Oilwell Varco Introduction and Business Overview
10.3.3 National Oilwell Varco Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.3.4 National Oilwell Varco Oil and Gas Drilling Bits Products Offered
10.3.5 National Oilwell Varco Recent Development
10.4 Schlumberger
10.4.1 Schlumberger Company Information
10.4.2 Schlumberger Introduction and Business Overview
10.4.3 Schlumberger Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Schlumberger Oil and Gas Drilling Bits Products Offered
10.4.5 Schlumberger Recent Development
10.5 Varel International
10.5.1 Varel International Company Information
10.5.2 Varel International Introduction and Business Overview
10.5.3 Varel International Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Varel International Oil and Gas Drilling Bits Products Offered
10.5.5 Varel International Recent Development
10.6 Atlas Copco
10.6.1 Atlas Copco Company Information
10.6.2 Atlas Copco Introduction and Business Overview
10.6.3 Atlas Copco Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Atlas Copco Oil and Gas Drilling Bits Products Offered
10.6.5 Atlas Copco Recent Development
10.7 Bellwether Resources International
10.7.1 Bellwether Resources International Company Information
10.7.2 Bellwether Resources International Introduction and Business Overview
10.7.3 Bellwether Resources International Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bellwether Resources International Oil and Gas Drilling Bits Products Offered
10.7.5 Bellwether Resources International Recent Development
10.8 Bit Brokers International
10.8.1 Bit Brokers International Company Information
10.8.2 Bit Brokers International Introduction and Business Overview
10.8.3 Bit Brokers International Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bit Brokers International Oil and Gas Drilling Bits Products Offered
10.8.5 Bit Brokers International Recent Development
10.9 Century Products
10.9.1 Century Products Company Information
10.9.2 Century Products Introduction and Business Overview
10.9.3 Century Products Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Century Products Oil and Gas Drilling Bits Products Offered
10.9.5 Century Products Recent Development
10.10 DRILLBITS International
10.10.1 DRILLBITS International Company Information
10.10.2 DRILLBITS International Introduction and Business Overview
10.10.3 DRILLBITS International Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.10.4 DRILLBITS International Oil and Gas Drilling Bits Products Offered
10.10.5 DRILLBITS International Recent Development
10.11 Drilformance
10.11.1 Drilformance Company Information
10.11.2 Drilformance Introduction and Business Overview
10.11.3 Drilformance Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Drilformance Oil and Gas Drilling Bits Products Offered
10.11.5 Drilformance Recent Development
10.12 Drill King International
10.12.1 Drill King International Company Information
10.12.2 Drill King International Introduction and Business Overview
10.12.3 Drill King International Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Drill King International Oil and Gas Drilling Bits Products Offered
10.12.5 Drill King International Recent Development
10.13 Drilling Products
10.13.1 Drilling Products Company Information
10.13.2 Drilling Products Introduction and Business Overview
10.13.3 Drilling Products Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Drilling Products Oil and Gas Drilling Bits Products Offered
10.13.5 Drilling Products Recent Development
10.14 Harvest Tool
10.14.1 Harvest Tool Company Information
10.14.2 Harvest Tool Introduction and Business Overview
10.14.3 Harvest Tool Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Harvest Tool Oil and Gas Drilling Bits Products Offered
10.14.5 Harvest Tool Recent Development
10.15 Hole Products
10.15.1 Hole Products Company Information
10.15.2 Hole Products Introduction and Business Overview
10.15.3 Hole Products Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Hole Products Oil and Gas Drilling Bits Products Offered
10.15.5 Hole Products Recent Development
10.16 Kay Rock Bit
10.16.1 Kay Rock Bit Company Information
10.16.2 Kay Rock Bit Introduction and Business Overview
10.16.3 Kay Rock Bit Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Kay Rock Bit Oil and Gas Drilling Bits Products Offered
10.16.5 Kay Rock Bit Recent Development
10.17 Master Oil Tool
10.17.1 Master Oil Tool Company Information
10.17.2 Master Oil Tool Introduction and Business Overview
10.17.3 Master Oil Tool Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Master Oil Tool Oil and Gas Drilling Bits Products Offered
10.17.5 Master Oil Tool Recent Development
10.18 Nile Petroleum Industrial
10.18.1 Nile Petroleum Industrial Company Information
10.18.2 Nile Petroleum Industrial Introduction and Business Overview
10.18.3 Nile Petroleum Industrial Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Nile Petroleum Industrial Oil and Gas Drilling Bits Products Offered
10.18.5 Nile Petroleum Industrial Recent Development
10.19 OTS International
10.19.1 OTS International Company Information
10.19.2 OTS International Introduction and Business Overview
10.19.3 OTS International Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.19.4 OTS International Oil and Gas Drilling Bits Products Offered
10.19.5 OTS International Recent Development
10.20 PDB Tools
10.20.1 PDB Tools Company Information
10.20.2 PDB Tools Introduction and Business Overview
10.20.3 PDB Tools Oil and Gas Drilling Bits Sales, Revenue and Gross Margin (2018-2023)
10.20.4 PDB Tools Oil and Gas Drilling Bits Products Offered
10.20.5 PDB Tools Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Oil and Gas Drilling Bits Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Oil and Gas Drilling Bits Industrial Chain Analysis
11.4 Oil and Gas Drilling Bits Market Dynamics
11.4.1 Oil and Gas Drilling Bits Industry Trends
11.4.2 Oil and Gas Drilling Bits Market Drivers
11.4.3 Oil and Gas Drilling Bits Market Challenges
11.4.4 Oil and Gas Drilling Bits Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Oil and Gas Drilling Bits Distributors
12.3 Oil and Gas Drilling Bits Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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