Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Oil Field 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 Oil Field Downhole Drilling Tools. This report contains market size and forecasts of Oil Field Downhole Drilling Tools in global, including the following market information:
Global Oil Field Downhole Drilling Tools Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Oil Field Downhole Drilling Tools Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Oil Field Downhole Drilling Tools companies in 2022 (%)
The global Oil Field Downhole Drilling Tools market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Fixed Cutter Drill Bit Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Oil Field Downhole Drilling Tools include Baker Hughes, Schlumberger, Halliburton, National Oilwell Varco, Varel International, Kingdream, Baoshi Machinery and Jiangxi Feilong, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Oil Field Downhole Drilling Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil Field Downhole Drilling Tools Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Oil Field Downhole Drilling Tools Market Segment Percentages, by Type, 2022 (%)
Fixed Cutter Drill Bit
Roller Cone Drill Bit
Others
Global Oil Field Downhole Drilling Tools Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Oil Field Downhole Drilling Tools Market Segment Percentages, by Application, 2022 (%)
Offshore
Land
Global Oil Field Downhole Drilling Tools Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Oil Field Downhole Drilling Tools Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oil Field Downhole Drilling Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Oil Field Downhole Drilling Tools revenues share in global market, 2022 (%)
Key companies Oil Field Downhole Drilling Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Oil Field Downhole Drilling Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baker Hughes
Schlumberger
Halliburton
National Oilwell Varco
Varel International
Kingdream
Baoshi Machinery
Jiangxi Feilong
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oil Field Downhole Drilling Tools, market overview.
Chapter 2: Global Oil Field Downhole Drilling Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Oil Field Downhole Drilling Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Oil Field 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 of each country in the world.
Chapter 7: 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 8: Global Oil Field Downhole Drilling Tools capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.