Drilling Tools Market (Updated Version Available)

The report offers detailed coverage of Drilling Tools industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Drilling Tools by geography. The report splits the market size, by volume and value, on the basis of application type and geography.


The drilling tools market has been further segmented, based on type, into drill bits, drill collars, drilling tubulars, drill swivels, drilling motors, drill reamers and stabilizers, mechanical thrusters, shock tools, and drilling jars. The drilling tubulars segment is expected to be the largest market due to increasing drilled footage and the development of deepwater oil & gas fields.
Onshore drilling is more cost-effective and less complex than offshore. Offshore drilling requires higher capital investments and is complex due to depth, complicated well formations, and instability.
The global Drilling Tools market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 4.8% between 2020 and 2025.

The report forecast global Drilling Tools market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.

First, this report covers the present status and the future prospects of the global Drilling Tools market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Benchmarking 
Baker Hughes 
Halliburton 
National Oilwell Varco 
Schlumberger 
Weatherford 
Cougar Drilling Solutions 
Drilling Tools International 
Rubicon Oilfield International 
Bico Drilling Tools 
Dynomax Drilling Tools 
Gyrodata 
Pacesetter Directional Drilling 
Scientific Drilling 
Tianhe Oil Group 
Wenzel Downhole Tools
By the product type, the market is primarily split into
Drill Bits
Drill Collars
Drilling Jars
Drilling Motors
Drilling Tubulars
Drill Swivels
Drill Reamers and Stabilizers
Mechanical Thrusters
Shock Tools
By the end users/application, this report covers the following segments
Onshore
Offshore


At the same time, we classify Drilling Tools according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Drilling Tools market for the forecast period 2020 - 2025?
• What are the driving forces in the Drilling Tools market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Drilling Tools industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?