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Drill Bits Market Research Report Information By Type (Fixed Cutter Bits and Roller Cone Cutter Bits), Application (On Shore Drilling and Off Shore Drilling), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2030


ID: MRFR/E&P/1083-HCR | 120 Pages | Author: Anshula Mandaokar| April 2024
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Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Restraints

3.4 Market Opportunities

3.5 Market Trends

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Bargaining power of suppliers

4.1.4 Threat of substitutes

4.1.5 Segment rivalry

4.2 Value Chain/Supply Chain Analysis

5 Global Drill Bits Market, By Type

5.1 Introduction

5.2 Fixed Cutter Bits

5.2.1 Market Estimates & Forecast, 2024-2030

5.2.2 Market Estimates & Forecast by Region, 2024-2030

5.2.3 Polycrystalline Diamond Bits

5.2.3.1 Market Estimates & Forecast, 2024-2030

5.2.3.2 Market Estimates & Forecast by Region, 2024-2030

5.2.4 Natural Diamond Bits

5.2.4.1 Market Estimates & Forecast, 2024-2030

5.2.4.2 Market Estimates & Forecast by Region, 2024-2030

5.3 Roller Cone Cutter Bits

5.3.1 Market Estimates & Forecast, 2024-2030

5.3.2 Market Estimates & Forecast by Region, 2024-2030

5.3.3 Milled-tooth Bits

5.3.3.1 Market Estimates & Forecast, 2024-2030

5.3.3.2 Market Estimates & Forecast by Region, 2024-2030

5.3.4 Tungsten Carbide Inserts

5.3.4.1 Market Estimates & Forecast, 2024-2030

5.3.4.2 Market Estimates & Forecast by Region, 2024-2030

6 Global Drill Bits Market, By Application

6.1 Introduction

6.2 On Shore Drilling

6.2.1 Market Estimates & Forecast, 2024-2030

6.2.2 Market Estimates & Forecast by Region, 2024-2030

6.3 Off Shore Drilling

6.3.1 Market Estimates & Forecast, 2024-2030

6.3.2 Market Estimates & Forecast by Region, 2024-2030

7 Global Drill Bits Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2024-2030

7.2.2 Market Estimates & Forecast by Type, 2024-2030

7.2.3 Market Estimates & Forecast by Application, 2024-2030

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast, 2024-2030

7.2.4.2 Market Estimates & Forecast by Type, 2024-2030

7.2.4.3 Market Estimates & Forecast by Application, 2024-2030

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2024-2030

7.2.5.2 Market Estimates & Forecast by Type, 2024-2030

7.2.5.3 Market Estimates & Forecast by Application, 2024-2030

7.3 Europe

7.3.1 Market Estimates & Forecast, 2024-2030

7.3.2 Market Estimates & Forecast by Type, 2024-2030

7.3.3 Market Estimates & Forecast by Application, 2024-2030

7.3.4 U.K

7.3.4.1 Market Estimates & Forecast, 2024-2030

7.3.4.2 Market Estimates & Forecast by Type, 2024-2030

7.3.4.3 Market Estimates & Forecast by Application, 2024-2030

7.3.5 Norway

7.3.5.1 Market Estimates & Forecast, 2024-2030

7.3.5.2 Market Estimates & Forecast by Type, 2024-2030

7.3.5.3 Market Estimates & Forecast by Application, 2024-2030

7.3.6 Russia

7.3.6.1 Market Estimates & Forecast, 2024-2030

7.3.6.2 Market Estimates & Forecast by Type, 2024-2030

7.3.6.3 Market Estimates & Forecast by Application, 2024-2030

7.3.7 Rest of Europe

7.3.7.1 Market Estimates & Forecast, 2024-2030

7.3.7.2 Market Estimates & Forecast by Type, 2024-2030

7.3.7.3 Market Estimates & Forecast by Application, 2024-2030

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2024-2030

7.4.2 Market Estimates & Forecast by Type, 2024-2030

7.4.3 Market Estimates & Forecast by Application, 2024-2030

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2024-2030

7.4.4.2 Market Estimates & Forecast by Type, 2024-2030

7.4.4.3 Market Estimates & Forecast by Application, 2024-2030

7.4.5 Australia

7.4.5.1 Market Estimates & Forecast, 2024-2030

7.4.5.2 Market Estimates & Forecast by Type, 2024-2030

7.4.5.3 Market Estimates & Forecast by Application, 2024-2030

7.4.6 Indonesia

7.4.6.1 Market Estimates & Forecast, 2024-2030

7.4.6.2 Market Estimates & Forecast by Type, 2024-2030

7.4.6.3 Market Estimates & Forecast by Application, 2024-2030

7.4.7 Rest of Asia Pacific

7.4.7.1 Market Estimates & Forecast, 2024-2030

7.4.7.2 Market Estimates & Forecast by Type, 2024-2030

7.4.7.3 Market Estimates & Forecast by Application, 2024-2030

7.5 Rest of the World

7.5.1 Market Estimates & Forecast, 2024-2030

7.5.2 Market Estimates & Forecast by Type, 2024-2030

7.5.3 Market Estimates & Forecast by Application, 2024-2030

8 Competitive Landscape

9 Company Profile

9.1 Atlas Copco (Sweden)

9.1.1 Company Overview

9.1.2 Product/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 Baker Hughes Inc. (U.S)

9.2.1 Company Overview

9.2.2 Product /Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 Cangzhou Great Drill Bits Co., Ltd. (China)

9.3.1 Company Overview

9.3.2 Product /Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 ESCO Corporation (U.S)

9.4.1 Company Overview

9.4.2 Product /Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 Halliburton Company (U.S.)

9.5.1 Company Overview

9.5.2 Product /Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Irwin Industrial Tool Company (U.S.)

9.6.1 Company Overview

9.6.2 Product /Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 NewTech Drilling Products LLC (Russia)

9.7.1 Company Overview

9.7.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 National Oilwell Varco Inc (U.S.)

9.8.1 Company Overview

9.8.2 Product /Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis

9.9 Scientific Drilling International Inc (U.S.)

9.9.1 Company Overview

9.9.2 Product /Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 Kingdream Public Limited Company (China)

9.10.1 Company Overview

9.10.2 Product /Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.11 Varel International, Inc (U.S.)

9.11.1 Company Overview

9.11.2 Product /Services Offering

9.11.3 Financial Overview

9.11.4 Key Developments

9.11.5 Strategy

9.11.6 SWOT Analysis

9.12 Torquato Drilling Accessories, Inc. (U.S.)

9.12.1 Company Overview

9.12.2 Product /Services Offering

9.12.3 Financial Overview

9.12.4 Key Developments

9.12.5 Strategy

9.12.6 SWOT Analysis

9.13 Ulterra Drilling Technologies (U.S)

9.13.1 Company Overview

9.13.2 Product /Services Offering

9.13.3 Financial Overview

9.13.4 Key Developments

9.13.5 Strategy

9.13.6 SWOT Analysis

List of Tables

Table 1 Global Drill Bits Market: By Region, 2024-2030

Table 2 North America Drill Bits Market: By Country, 2024-2030

Table 3 Europe Drill Bits Market: By Country, 2024-2030

Table 4 Asia Pacific Drill Bits Market: By Country, 2024-2030

Table 5 RoW Drill Bits Market: By Country, 2024-2030

Table 6 Global Drill Bits Market, by Type, By Regions, 2024-2030

Table 7 North America Drill Bits Market, by Type, By Country, 2024-2030

Table 8 Europe Drill Bits Market, by Resin type, By Country, 2024-2030

Table 9 Asia Pacific Drill Bits Market by Type, By Country, 2024-2030

Table 10 RoW Drill Bits Market by Type, By Country, 2024-2030

Table 11 Global Drill Bits Market by Application Market: By Regions, 2024-2030

Table 12 North America Drill Bits Market by Application: By Country, 2024-2030

Table 13 Europe Drill Bits Market by Application: By Country, 2024-2030

Table 14 Asia Pacific Drill Bits Market by Application: By Country, 2024-2030

Table 15 RoW Drill Bits Market by Application: By Country, 2024-2030

Table 16 Global Drill Bits Market, by Type, By Regions, 2024-2030

Table 17 North America Drill Bits Market, by Type, By Country, 2024-2030

Table 18 Europe Drill Bits Market, by Type, By Country, 2024-2030

Table 19 Asia Pacific Drill Bits Market, by Type, By Country, 2024-2030

Table 20 RoW Drill Bits Market, by Type, By Country, 2024-2030

Table 21 Global Drill Bits Market: By Region, 2024-2030

Table 22 Global Drill Bits Market: By Region, 2024-2030

Table 23 Global Drill Bits Market: By Region, 2024-2030

Table 24 North America Drill Bits Market, By Country

Table 25 North America Drill Bits Market, by Type

Table 26 North America Drill Bits Market, by Application

Table 27 North America Drill Bits Market, By Type

Table 29 Europe: Drill Bits Market, By Country

Table 30 Europe: Drill Bits Market, by Type

Table 31 Europe: Drill Bits Market, by Application

Table 32 Europe: Drill Bits Market, By Type

Table 34 Asia Pacific: Drill Bits Market, By Country

Table 35 Asia Pacific: Drill Bits Market, by Type

Table 36 Asia Pacific: Drill Bits Market, by Application

Table 37 Asia Pacific: Drill Bits Market, By Type

Table 39 RoW: Drill Bits Market, By Region

Table 40 RoW Drill Bits Market, by Type

Table 41 RoW Drill Bits Market, by Application

Table 42 RoW Drill Bits Market, By Type

List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL DRILL BITS MARKETSHARE, BY TYPE, 2022 (%)

FIGURE 9 GLOBAL DRILL BITS MARKET, BY TYPE, 2024-2030 (USD MILLION)

FIGURE 10 GLOBAL DRILL BITS MARKETSHARE, BY TYPE, 2022 (%)

FIGURE 11 GLOBAL DRILL BITS MARKET, BY TYPE, 2024-2030 (USD MILLION)

FIGURE 12 GLOBAL DRILL BITS MARKET SHARE (%), BY REGION, 2022

FIGURE 13 GLOBAL DRILL BITS MARKET, BY REGION, 2024-2030 (USD MILLION)

FIGURE 14 NORTH AMERICA DRILL BITS MARKETSHARE (%), 2022

FIGURE 15 NORTH AMERICA DRILL BITS MARKETBY COUNTRY, 2024-2030 (USD MILLION)

FIGURE 16 EUROPE DRILL BITS MARKETSHARE (%), 2022

FIGURE 17 EUROPE DRILL BITS MARKETBY COUNTRY, 2024-2030 (USD MILLION)

FIGURE 18 ASIA PACIFIC DRILL BITS MARKETSHARE (%), 2022

FIGURE 19 ASIA PACIFIC DRILL BITS MARKETBY COUNTRY, 2024-2030 (USD MILLION)

FIGURE 20 REST OF THE WORLD DRILL BITS MARKETSHARE (%), 2022

FIGURE 21 REST OF THE WORLD DRILL BITS MARKETBY COUNTRY, 2024-2030 (USD MILLION)

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