Report overview
The global Oilfield Drilling Tools market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, 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 2023, While China is Forecast to Reach $ Million.
Drill Pipe Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Oilfield Drilling Tools include Halliburton, HI LONG GROUP, WEIMA, SLB, Baker Hughes Company, SHANXI HUANJIE PETROLEUM DRILLING TOOLS CO., LTD., Sinopec Oilfield Equipment Corporation (SOFE), Jiangsu Hexin Petroleum Machinery CO.,Ltd. and The Weir Group PLC, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Oilfield 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 Oilfield Drilling Tools. This report contains market size and forecasts of Oilfield Drilling Tools in global, including the following market information:
Global Oilfield Drilling Tools Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Oilfield Drilling Tools Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five Oilfield Drilling Tools companies in 2023 (%)
We surveyed the Oilfield 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 Oilfield Drilling Tools Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Oilfield Drilling Tools Market Segment Percentages, by Type, 2023 (%)
Drill Pipe
Drill Collar
Drilling Tool Joint
Other
Global Oilfield Drilling Tools Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Oilfield Drilling Tools Market Segment Percentages, by Application, 2023 (%)
Enterprise
Government
Other
Global Oilfield Drilling Tools Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Oilfield Drilling Tools Market Segment Percentages, By Region and Country, 2023 (%)
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 Oilfield Drilling Tools revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Oilfield Drilling Tools revenues share in global market, 2023 (%)
Key companies Oilfield Drilling Tools sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Oilfield Drilling Tools sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Halliburton
HI LONG GROUP
WEIMA
SLB
Baker Hughes Company
SHANXI HUANJIE PETROLEUM DRILLING TOOLS CO., LTD.
Sinopec Oilfield Equipment Corporation (SOFE)
Jiangsu Hexin Petroleum Machinery CO.,Ltd.
The Weir Group PLC
NOV Inc.
Tianhe Oil Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oilfield Drilling Tools, market overview.
Chapter 2: Global Oilfield Drilling Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Oilfield 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 Oilfield 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 Oilfield 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.
