Oil Field Drill Bits - Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Oil Field Drill Bits market is expected to grow from $5.93 billion in 2016 to reach $10.31 billion by 2022 with a CAGR of 9.6%. Growing exploration & production activities coupled with increasing demand for energy, technological advancements in oil field drill bits, increasing demand for oil & gas, and huge investments on new offshore reserves are some of the other factors fuelling the market growth during the forecast period. However, slow down in offshore drilling in few regions, high capital investments are the restraints impeding the market growth.
By Drill Bits Type, Roller Cone Cutter Bit segment commands the global market due to its cost efficiency and its performance. The onshore segment is anticipated to be a largest segment during the forecast period. North America is anticipated to hold the largest share in global market due to the technological advancements, increasing exploration & production activities. Asia Pacific is anticipated to be a fastest growing region.
Some of the key players in global Oil Field Drill Bits market include Atlas Copco AB, Bellwether Resources International, Bit Brokers International, Drill King International, DRILLBITS International (DBI), Halliburton, Harvest Tool Company, Kay Rock Bit Company, National Oilwell Varco, Nile Petroleum Industrial Company (NPICO), OTS International, Palmer Bit Co., Rockpecker, Schlumberger Limited, Tercel Oilfield Products Limited, and Varel International, Inc.
Drill Bits Types Covered:
WHAT OUR REPORT OFFERS:
By Drill Bits Type, Roller Cone Cutter Bit segment commands the global market due to its cost efficiency and its performance. The onshore segment is anticipated to be a largest segment during the forecast period. North America is anticipated to hold the largest share in global market due to the technological advancements, increasing exploration & production activities. Asia Pacific is anticipated to be a fastest growing region.
Some of the key players in global Oil Field Drill Bits market include Atlas Copco AB, Bellwether Resources International, Bit Brokers International, Drill King International, DRILLBITS International (DBI), Halliburton, Harvest Tool Company, Kay Rock Bit Company, National Oilwell Varco, Nile Petroleum Industrial Company (NPICO), OTS International, Palmer Bit Co., Rockpecker, Schlumberger Limited, Tercel Oilfield Products Limited, and Varel International, Inc.
Drill Bits Types Covered:
- Roller Cone Cutter Bits
- Tungsten Carbide Inserts
- Milled-tooth Bits
- Fixed Cutter Bits
- Natural Diamond Bits
- Polycrystalline Diamond Bits
- Off Shore Drilling
- On Shore Drilling
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
WHAT OUR REPORT OFFERS:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL OIL FIELD DRILL BITS MARKET, BY DRILL BITS TYPE
5.1 Introduction
5.2 Roller Cone Cutter Bits
5.2.1 Tungsten Carbide Inserts
5.2.2 Milled-tooth Bits
5.3 Fixed Cutter Bits
5.3.1 Natural Diamond Bits
5.3.2 Polycrystalline Diamond Bits
6 GLOBAL OIL FIELD DRILL BITS MARKET, BY APPLICATION
6.1 Introduction
6.2 Off Shore Drilling
6.3 On Shore Drilling
7 GLOBAL OIL FIELD DRILL BITS MARKET, BY GEOGRAPHY
7.1 North America
7.1.1 US
7.1.2 Canada
7.1.3 Mexico
7.2 Europe
7.2.1 Germany
7.2.2 France
7.2.3 Italy
7.2.4 UK
7.2.5 Spain
7.2.6 Rest of Europe
7.3 Asia Pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.3.4 Australia
7.3.5 New Zealand
7.3.6 Rest of Asia Pacific
7.4 Rest of the World
7.4.1 Middle East
7.4.2 Brazil
7.4.3 Argentina
7.4.4 South Africa
7.4.5 Egypt
8 KEY DEVELOPMENTS
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 COMPANY PROFILING
9.1 Atlas Copco AB
9.2 Bellwether Resources International
9.3 Bit Brokers International
9.4 Drill King International
9.5 DRILLBITS International (DBI)
9.6 Halliburton
9.7 Harvest Tool Company
9.8 Kay Rock Bit Company
9.9 National Oilwell Varco
9.10 Nile Petroleum Industrial Company (NPICO)
9.11 OTS International
9.12 Palmer Bit Co.
9.13 Rockpecker
9.14 Schlumberger Limited
9.15 Tercel Oilfield Products Limited
9.16 Varel International, Inc.
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL OIL FIELD DRILL BITS MARKET, BY DRILL BITS TYPE
5.1 Introduction
5.2 Roller Cone Cutter Bits
5.2.1 Tungsten Carbide Inserts
5.2.2 Milled-tooth Bits
5.3 Fixed Cutter Bits
5.3.1 Natural Diamond Bits
5.3.2 Polycrystalline Diamond Bits
6 GLOBAL OIL FIELD DRILL BITS MARKET, BY APPLICATION
6.1 Introduction
6.2 Off Shore Drilling
6.3 On Shore Drilling
7 GLOBAL OIL FIELD DRILL BITS MARKET, BY GEOGRAPHY
7.1 North America
7.1.1 US
7.1.2 Canada
7.1.3 Mexico
7.2 Europe
7.2.1 Germany
7.2.2 France
7.2.3 Italy
7.2.4 UK
7.2.5 Spain
7.2.6 Rest of Europe
7.3 Asia Pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.3.4 Australia
7.3.5 New Zealand
7.3.6 Rest of Asia Pacific
7.4 Rest of the World
7.4.1 Middle East
7.4.2 Brazil
7.4.3 Argentina
7.4.4 South Africa
7.4.5 Egypt
8 KEY DEVELOPMENTS
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 COMPANY PROFILING
9.1 Atlas Copco AB
9.2 Bellwether Resources International
9.3 Bit Brokers International
9.4 Drill King International
9.5 DRILLBITS International (DBI)
9.6 Halliburton
9.7 Harvest Tool Company
9.8 Kay Rock Bit Company
9.9 National Oilwell Varco
9.10 Nile Petroleum Industrial Company (NPICO)
9.11 OTS International
9.12 Palmer Bit Co.
9.13 Rockpecker
9.14 Schlumberger Limited
9.15 Tercel Oilfield Products Limited
9.16 Varel International, Inc.
LIST OF TABLES
Table 1 Global Oil Field Drill Bits Market Outlook, By Region (2014-2022) ($MN)
Table 2 Global Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 3 Global Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 4 Global Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 5 Global Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 6 Global Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 7 Global Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 8 Global Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 9 Global Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 10 Global Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 11 Global Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 12 North America Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 13 North America Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 14 North America Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 15 North America Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 16 North America Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 17 North America Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 18 North America Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 19 North America Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 20 North America Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 21 North America Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 22 North America Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 23 Europe Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 24 Europe Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 25 Europe Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 26 Europe Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 27 Europe Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 28 Europe Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 29 Europe Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 30 Europe Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 31 Europe Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 32 Europe Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 33 Europe Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 34 Asia Pacific Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 35 Asia Pacific Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 36 Asia Pacific Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 37 Asia Pacific Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 38 Asia Pacific Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 39 Asia Pacific Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 40 Asia Pacific Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 41 Asia Pacific Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 42 Asia Pacific Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 43 Asia Pacific Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 44 Asia Pacific Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 45 RoW Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 46 RoW Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 47 RoW Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 48 RoW Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 49 RoW Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 50 RoW Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 51 RoW Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 52 RoW Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 53 RoW Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 54 RoW Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 55 RoW Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 1 Global Oil Field Drill Bits Market Outlook, By Region (2014-2022) ($MN)
Table 2 Global Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 3 Global Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 4 Global Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 5 Global Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 6 Global Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 7 Global Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 8 Global Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 9 Global Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 10 Global Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 11 Global Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 12 North America Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 13 North America Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 14 North America Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 15 North America Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 16 North America Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 17 North America Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 18 North America Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 19 North America Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 20 North America Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 21 North America Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 22 North America Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 23 Europe Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 24 Europe Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 25 Europe Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 26 Europe Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 27 Europe Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 28 Europe Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 29 Europe Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 30 Europe Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 31 Europe Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 32 Europe Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 33 Europe Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 34 Asia Pacific Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 35 Asia Pacific Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 36 Asia Pacific Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 37 Asia Pacific Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 38 Asia Pacific Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 39 Asia Pacific Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 40 Asia Pacific Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 41 Asia Pacific Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 42 Asia Pacific Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 43 Asia Pacific Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 44 Asia Pacific Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
Table 45 RoW Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
Table 46 RoW Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
Table 47 RoW Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
Table 48 RoW Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
Table 49 RoW Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
Table 50 RoW Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
Table 51 RoW Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
Table 52 RoW Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
Table 53 RoW Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
Table 54 RoW Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
Table 55 RoW Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
