Oil Field Drill Bits - Global Market Outlook (2016-2022)

Oil Field Drill Bits - Global Market Outlook (2016-2022)

  • Published: April 2017
  • ID: SMRC16454

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:
• Roller Cone Cutter Bits
o Tungsten Carbide Inserts
o Milled-tooth Bits
• Fixed Cutter Bits
o Natural Diamond Bits
o Polycrystalline Diamond Bits

Applications Covered:
• Off Shore Drilling
• On Shore Drilling

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o 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.


List of Tables 
1 Global Oil Field Drill Bits Market Outlook, By Region (2014-2022) ($MN)
2 Global Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
3 Global Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
4 Global Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
5 Global Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
6 Global Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
7 Global Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
8 Global Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
9 Global Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
10 Global Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
11 Global Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
12 North America Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
13 North America Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
14 North America Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
15 North America Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
16 North America Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
17 North America Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
18 North America Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
19 North America Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
20 North America Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
21 North America Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
22 North America Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
23 Europe Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
24 Europe Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
25 Europe Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
26 Europe Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
27 Europe Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
28 Europe Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
29 Europe Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
30 Europe Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
31 Europe Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
32 Europe Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
33 Europe Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
34 Asia Pacific Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
35 Asia Pacific Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
36 Asia Pacific Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
37 Asia Pacific Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
38 Asia Pacific Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
39 Asia Pacific Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
40 Asia Pacific Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
41 Asia Pacific Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
42 Asia Pacific Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
43 Asia Pacific Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
44 Asia Pacific Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)
45 RoW Oil Field Drill Bits Market Outlook, By Country (2014-2022) ($MN)
46 RoW Oil Field Drill Bits Market Outlook, By Drill Bits Type (2014-2022) ($MN)
47 RoW Oil Field Drill Bits Market Outlook, By Roller Cone Cutter Bits (2014-2022) ($MN)
48 RoW Oil Field Drill Bits Market Outlook, By Tungsten Carbide Inserts (2014-2022) ($MN)
49 RoW Oil Field Drill Bits Market Outlook, By Milled-tooth Bits (2014-2022) ($MN)
50 RoW Oil Field Drill Bits Market Outlook, By Fixed Cutter Bits (2014-2022) ($MN)
51 RoW Oil Field Drill Bits Market Outlook, By Natural Diamond Bits (2014-2022) ($MN)
52 RoW Oil Field Drill Bits Market Outlook, By Polycrystalline Diamond Bits (2014-2022) ($MN)
53 RoW Oil Field Drill Bits Market Outlook, By Application (2014-2022) ($MN)
54 RoW Oil Field Drill Bits Market Outlook, By Off Shore Drilling (2014-2022) ($MN)
55 RoW Oil Field Drill Bits Market Outlook, By On Shore Drilling (2014-2022) ($MN)

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