In machining, boring is the process of enlarging a hole that has already been drilled (or cast) by means of a single-point cutting tool (or of a boring head containing several such tools), such as in boring a gun barrel or an engine cylinder. Boring is used to achieve greater accuracy of the diameter of a hole, and can be used to cut a tapered hole. Boring can be viewed as the internal-diameter counterpart to turning, which cuts external diameters.
This report aims to provide a comprehensive presentation of the global market for Boring 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 Boring Tools. This report contains market size and forecasts of Boring Tools in global, including the following market information:
Global Boring Tools Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Boring Tools Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Boring Tools companies in 2022 (%)
The global Boring Tools market was valued at US$ 3614.9 million in 2022 and is projected to reach US$ 5039.8 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Onshore segment is expected to be the largest market for drilling tools, by application, in 2017. Approximately 70% of the total oil and gas production in the world takes places at onshore fields. These fields are easier to operate from an exploration perspective and require less capital investment as compared to offshore fields. Formations in onshore wells are more stable during the drilling process than those in offshore. Market demand for drilling tools from onshore segment is also the fastest-growing. US and?China?with vast onshore reserves present ample market opportunities in this onshore segment.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Boring 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 Boring Tools Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Boring Tools Market Segment Percentages, by Type, 2022 (%)
Drill Bits
Drilling Tubulars
Drilling Motors
Drill Reamers and Stabilizers
Drill Collars
Drill Jars
Drill Swivels
Mechanical Thrusters
Global Boring Tools Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Boring Tools Market Segment Percentages, by Application, 2022 (%)
Onshore
Offshore
Global Boring Tools Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Boring 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 Boring Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Boring Tools revenues share in global market, 2022 (%)
Key companies Boring Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Boring Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BIG KAISER
Kennametal
NACHI-FUJIKOSHI
OSG
Sandvik
Outline of Major Chapters:
Chapter 1: Introduces the definition of Boring Tools, market overview.
Chapter 2: Global Boring Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Boring 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 Boring 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 Boring 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Boring Tools Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Boring Tools Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Boring Tools Overall Market Size
2.1 Global Boring Tools Market Size: 2022 VS 2032
2.2 Global Boring Tools Revenue, Prospects & Forecasts: 2018-2032
2.3 Global Boring Tools Sales: 2018-2032
3 Company Landscape
3.1 Top Boring Tools Players in Global Market
3.2 Top Global Boring Tools Companies Ranked by Revenue
3.3 Global Boring Tools Revenue by Companies
3.4 Global Boring Tools Sales by Companies
3.5 Global Boring Tools Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Boring Tools Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Boring Tools Product Type
3.8 Tier 1, Tier 2 and Tier 3 Boring Tools Players in Global Market
3.8.1 List of Global Tier 1 Boring Tools Companies
3.8.2 List of Global Tier 2 and Tier 3 Boring Tools Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Boring Tools Market Size Markets, 2022 & 2032
4.1.2 Drill Bits
4.1.3 Drilling Tubulars
4.1.4 Drilling Motors
4.1.5 Drill Reamers and Stabilizers
4.1.6 Drill Collars
4.1.7 Drill Jars
4.1.8 Drill Swivels
4.1.9 Mechanical Thrusters
4.2 By Type - Global Boring Tools Revenue & Forecasts
4.2.1 By Type - Global Boring Tools Revenue, 2018-2023
4.2.2 By Type - Global Boring Tools Revenue, 2024-2032
4.2.3 By Type - Global Boring Tools Revenue Market Share, 2018-2032
4.3 By Type - Global Boring Tools Sales & Forecasts
4.3.1 By Type - Global Boring Tools Sales, 2018-2023
4.3.2 By Type - Global Boring Tools Sales, 2024-2032
4.3.3 By Type - Global Boring Tools Sales Market Share, 2018-2032
4.4 By Type - Global Boring Tools Price (Manufacturers Selling Prices), 2018-2032
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Boring Tools Market Size, 2022 & 2032
5.1.2 Onshore
5.1.3 Offshore
5.2 By Application - Global Boring Tools Revenue & Forecasts
5.2.1 By Application - Global Boring Tools Revenue, 2018-2023
5.2.2 By Application - Global Boring Tools Revenue, 2024-2032
5.2.3 By Application - Global Boring Tools Revenue Market Share, 2018-2032
5.3 By Application - Global Boring Tools Sales & Forecasts
5.3.1 By Application - Global Boring Tools Sales, 2018-2023
5.3.2 By Application - Global Boring Tools Sales, 2024-2032
5.3.3 By Application - Global Boring Tools Sales Market Share, 2018-2032
5.4 By Application - Global Boring Tools Price (Manufacturers Selling Prices), 2018-2032
6 Sights by Region
6.1 By Region - Global Boring Tools Market Size, 2022 & 2032
6.2 By Region - Global Boring Tools Revenue & Forecasts
6.2.1 By Region - Global Boring Tools Revenue, 2018-2023
6.2.2 By Region - Global Boring Tools Revenue, 2024-2032
6.2.3 By Region - Global Boring Tools Revenue Market Share, 2018-2032
6.3 By Region - Global Boring Tools Sales & Forecasts
6.3.1 By Region - Global Boring Tools Sales, 2018-2023
6.3.2 By Region - Global Boring Tools Sales, 2024-2032
6.3.3 By Region - Global Boring Tools Sales Market Share, 2018-2032
6.4 North America
6.4.1 By Country - North America Boring Tools Revenue, 2018-2032
6.4.2 By Country - North America Boring Tools Sales, 2018-2032
6.4.3 US Boring Tools Market Size, 2018-2032
6.4.4 Canada Boring Tools Market Size, 2018-2032
6.4.5 Mexico Boring Tools Market Size, 2018-2032
6.5 Europe
6.5.1 By Country - Europe Boring Tools Revenue, 2018-2032
6.5.2 By Country - Europe Boring Tools Sales, 2018-2032
6.5.3 Germany Boring Tools Market Size, 2018-2032
6.5.4 France Boring Tools Market Size, 2018-2032
6.5.5 U.K. Boring Tools Market Size, 2018-2032
6.5.6 Italy Boring Tools Market Size, 2018-2032
6.5.7 Russia Boring Tools Market Size, 2018-2032
6.5.8 Nordic Countries Boring Tools Market Size, 2018-2032
6.5.9 Benelux Boring Tools Market Size, 2018-2032
6.6 Asia
6.6.1 By Region - Asia Boring Tools Revenue, 2018-2032
6.6.2 By Region - Asia Boring Tools Sales, 2018-2032
6.6.3 China Boring Tools Market Size, 2018-2032
6.6.4 Japan Boring Tools Market Size, 2018-2032
6.6.5 South Korea Boring Tools Market Size, 2018-2032
6.6.6 Southeast Asia Boring Tools Market Size, 2018-2032
6.6.7 India Boring Tools Market Size, 2018-2032
6.7 South America
6.7.1 By Country - South America Boring Tools Revenue, 2018-2032
6.7.2 By Country - South America Boring Tools Sales, 2018-2032
6.7.3 Brazil Boring Tools Market Size, 2018-2032
6.7.4 Argentina Boring Tools Market Size, 2018-2032
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Boring Tools Revenue, 2018-2032
6.8.2 By Country - Middle East & Africa Boring Tools Sales, 2018-2032
6.8.3 Turkey Boring Tools Market Size, 2018-2032
6.8.4 Israel Boring Tools Market Size, 2018-2032
6.8.5 Saudi Arabia Boring Tools Market Size, 2018-2032
6.8.6 UAE Boring Tools Market Size, 2018-2032
7 Manufacturers & Brands Profiles
7.1 BIG KAISER
7.1.1 BIG KAISER Company Summary
7.1.2 BIG KAISER Business Overview
7.1.3 BIG KAISER Boring Tools Major Product Offerings
7.1.4 BIG KAISER Boring Tools Sales and Revenue in Global (2018-2023)
7.1.5 BIG KAISER Key News & Latest Developments
7.2 Kennametal
7.2.1 Kennametal Company Summary
7.2.2 Kennametal Business Overview
7.2.3 Kennametal Boring Tools Major Product Offerings
7.2.4 Kennametal Boring Tools Sales and Revenue in Global (2018-2023)
7.2.5 Kennametal Key News & Latest Developments
7.3 NACHI-FUJIKOSHI
7.3.1 NACHI-FUJIKOSHI Company Summary
7.3.2 NACHI-FUJIKOSHI Business Overview
7.3.3 NACHI-FUJIKOSHI Boring Tools Major Product Offerings
7.3.4 NACHI-FUJIKOSHI Boring Tools Sales and Revenue in Global (2018-2023)
7.3.5 NACHI-FUJIKOSHI Key News & Latest Developments
7.4 OSG
7.4.1 OSG Company Summary
7.4.2 OSG Business Overview
7.4.3 OSG Boring Tools Major Product Offerings
7.4.4 OSG Boring Tools Sales and Revenue in Global (2018-2023)
7.4.5 OSG Key News & Latest Developments
7.5 Sandvik
7.5.1 Sandvik Company Summary
7.5.2 Sandvik Business Overview
7.5.3 Sandvik Boring Tools Major Product Offerings
7.5.4 Sandvik Boring Tools Sales and Revenue in Global (2018-2023)
7.5.5 Sandvik Key News & Latest Developments
8 Global Boring Tools Production Capacity, Analysis
8.1 Global Boring Tools Production Capacity, 2018-2032
8.2 Boring Tools Production Capacity of Key Manufacturers in Global Market
8.3 Global Boring Tools Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Boring Tools Supply Chain Analysis
10.1 Boring Tools Industry Value Chain
10.2 Boring Tools Upstream Market
10.3 Boring Tools Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Boring Tools Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Key Players of Boring Tools in Global Market
Table 2. Top Boring Tools Players in Global Market, Ranking by Revenue (2022)
Table 3. Global Boring Tools Revenue by Companies, (US$, Mn), 2018-2023
Table 4. Global Boring Tools Revenue Share by Companies, 2018-2023
Table 5. Global Boring Tools Sales by Companies, (K Units), 2018-2023
Table 6. Global Boring Tools Sales Share by Companies, 2018-2023
Table 7. Key Manufacturers Boring Tools Price (2018-2023) & (USD/Unit)
Table 8. Global Manufacturers Boring Tools Product Type
Table 9. List of Global Tier 1 Boring Tools Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Boring Tools Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Boring Tools Revenue, (US$, Mn), 2022 & 2032
Table 12. By Type - Global Boring Tools Revenue (US$, Mn), 2018-2023
Table 13. By Type - Global Boring Tools Revenue (US$, Mn), 2024-2032
Table 14. By Type - Global Boring Tools Sales (K Units), 2018-2023
Table 15. By Type - Global Boring Tools Sales (K Units), 2024-2032
Table 16. By Application ? Global Boring Tools Revenue, (US$, Mn), 2022 & 2032
Table 17. By Application - Global Boring Tools Revenue (US$, Mn), 2018-2023
Table 18. By Application - Global Boring Tools Revenue (US$, Mn), 2024-2032
Table 19. By Application - Global Boring Tools Sales (K Units), 2018-2023
Table 20. By Application - Global Boring Tools Sales (K Units), 2024-2032
Table 21. By Region ? Global Boring Tools Revenue, (US$, Mn), 2022 VS 2032
Table 22. By Region - Global Boring Tools Revenue (US$, Mn), 2018-2023
Table 23. By Region - Global Boring Tools Revenue (US$, Mn), 2024-2032
Table 24. By Region - Global Boring Tools Sales (K Units), 2018-2023
Table 25. By Region - Global Boring Tools Sales (K Units), 2024-2032
Table 26. By Country - North America Boring Tools Revenue, (US$, Mn), 2018-2023
Table 27. By Country - North America Boring Tools Revenue, (US$, Mn), 2024-2032
Table 28. By Country - North America Boring Tools Sales, (K Units), 2018-2023
Table 29. By Country - North America Boring Tools Sales, (K Units), 2024-2032
Table 30. By Country - Europe Boring Tools Revenue, (US$, Mn), 2018-2023
Table 31. By Country - Europe Boring Tools Revenue, (US$, Mn), 2024-2032
Table 32. By Country - Europe Boring Tools Sales, (K Units), 2018-2023
Table 33. By Country - Europe Boring Tools Sales, (K Units), 2024-2032
Table 34. By Region - Asia Boring Tools Revenue, (US$, Mn), 2018-2023
Table 35. By Region - Asia Boring Tools Revenue, (US$, Mn), 2024-2032
Table 36. By Region - Asia Boring Tools Sales, (K Units), 2018-2023
Table 37. By Region - Asia Boring Tools Sales, (K Units), 2024-2032
Table 38. By Country - South America Boring Tools Revenue, (US$, Mn), 2018-2023
Table 39. By Country - South America Boring Tools Revenue, (US$, Mn), 2024-2032
Table 40. By Country - South America Boring Tools Sales, (K Units), 2018-2023
Table 41. By Country - South America Boring Tools Sales, (K Units), 2024-2032
Table 42. By Country - Middle East & Africa Boring Tools Revenue, (US$, Mn), 2018-2023
Table 43. By Country - Middle East & Africa Boring Tools Revenue, (US$, Mn), 2024-2032
Table 44. By Country - Middle East & Africa Boring Tools Sales, (K Units), 2018-2023
Table 45. By Country - Middle East & Africa Boring Tools Sales, (K Units), 2024-2032
Table 46. BIG KAISER Company Summary
Table 47. BIG KAISER Boring Tools Product Offerings
Table 48. BIG KAISER Boring Tools Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 49. BIG KAISER Key News & Latest Developments
Table 50. Kennametal Company Summary
Table 51. Kennametal Boring Tools Product Offerings
Table 52. Kennametal Boring Tools Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 53. Kennametal Key News & Latest Developments
Table 54. NACHI-FUJIKOSHI Company Summary
Table 55. NACHI-FUJIKOSHI Boring Tools Product Offerings
Table 56. NACHI-FUJIKOSHI Boring Tools Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 57. NACHI-FUJIKOSHI Key News & Latest Developments
Table 58. OSG Company Summary
Table 59. OSG Boring Tools Product Offerings
Table 60. OSG Boring Tools Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 61. OSG Key News & Latest Developments
Table 62. Sandvik Company Summary
Table 63. Sandvik Boring Tools Product Offerings
Table 64. Sandvik Boring Tools Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 65. Sandvik Key News & Latest Developments
Table 66. Boring Tools Production Capacity (K Units) of Key Manufacturers in Global Market, 2021-2023 (K Units)
Table 67. Global Boring Tools Capacity Market Share of Key Manufacturers, 2021-2023
Table 68. Global Boring Tools Production by Region, 2018-2023 (K Units)
Table 69. Global Boring Tools Production by Region, 2024-2032 (K Units)
Table 70. Boring Tools Market Opportunities & Trends in Global Market
Table 71. Boring Tools Market Drivers in Global Market
Table 72. Boring Tools Market Restraints in Global Market
Table 73. Boring Tools Raw Materials
Table 74. Boring Tools Raw Materials Suppliers in Global Market
Table 75. Typical Boring Tools Downstream
Table 76. Boring Tools Downstream Clients in Global Market
Table 77. Boring Tools Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Boring Tools Segment by Type in 2022
Figure 2. Boring Tools Segment by Application in 2022
Figure 3. Global Boring Tools Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Boring Tools Market Size: 2022 VS 2032 (US$, Mn)
Figure 6. Global Boring Tools Revenue, 2018-2032 (US$, Mn)
Figure 7. Boring Tools Sales in Global Market: 2018-2032 (K Units)
Figure 8. The Top 3 and 5 Players Market Share by Boring Tools Revenue in 2022
Figure 9. By Type - Global Boring Tools Revenue, (US$, Mn), 2022 & 2032
Figure 10. By Type - Global Boring Tools Revenue Market Share, 2018-2032
Figure 11. By Type - Global Boring Tools Sales Market Share, 2018-2032
Figure 12. By Type - Global Boring Tools Price (USD/Unit), 2018-2032
Figure 13. By Application - Global Boring Tools Revenue, (US$, Mn), 2022 & 2032
Figure 14. By Application - Global Boring Tools Revenue Market Share, 2018-2032
Figure 15. By Application - Global Boring Tools Sales Market Share, 2018-2032
Figure 16. By Application - Global Boring Tools Price (USD/Unit), 2018-2032
Figure 17. By Region - Global Boring Tools Revenue, (US$, Mn), 2022 & 2032
Figure 18. By Region - Global Boring Tools Revenue Market Share, 2018 VS 2022 VS 2032
Figure 19. By Region - Global Boring Tools Revenue Market Share, 2018-2032
Figure 20. By Region - Global Boring Tools Sales Market Share, 2018-2032
Figure 21. By Country - North America Boring Tools Revenue Market Share, 2018-2032
Figure 22. By Country - North America Boring Tools Sales Market Share, 2018-2032
Figure 23. US Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 24. Canada Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 25. Mexico Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 26. By Country - Europe Boring Tools Revenue Market Share, 2018-2032
Figure 27. By Country - Europe Boring Tools Sales Market Share, 2018-2032
Figure 28. Germany Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 29. France Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 30. U.K. Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 31. Italy Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 32. Russia Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 33. Nordic Countries Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 34. Benelux Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 35. By Region - Asia Boring Tools Revenue Market Share, 2018-2032
Figure 36. By Region - Asia Boring Tools Sales Market Share, 2018-2032
Figure 37. China Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 38. Japan Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 39. South Korea Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 40. Southeast Asia Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 41. India Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 42. By Country - South America Boring Tools Revenue Market Share, 2018-2032
Figure 43. By Country - South America Boring Tools Sales Market Share, 2018-2032
Figure 44. Brazil Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 45. Argentina Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 46. By Country - Middle East & Africa Boring Tools Revenue Market Share, 2018-2032
Figure 47. By Country - Middle East & Africa Boring Tools Sales Market Share, 2018-2032
Figure 48. Turkey Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 49. Israel Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 50. Saudi Arabia Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 51. UAE Boring Tools Revenue, (US$, Mn), 2018-2032
Figure 52. Global Boring Tools Production Capacity (K Units), 2018-2032
Figure 53. The Percentage of Production Boring Tools by Region, 2022 VS 2032
Figure 54. Boring Tools Industry Value Chain
Figure 55. Marketing Channels
