Global Drilling Bits Market

Drilling Bits Comprehensive Study by Type (Roller Cone Bit, Fixed Cutter Bit), Application (Onshore, Offshore), Material (Steel, Cobalt, Carbide, Diamonds, Others), Distribution Channel (Direct, Indirect) Players and Region - Global Market Outlook to 2030

Drilling Bits Market by XX Submarkets | Forecast Years 2024-2030  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Drilling Bits
Drilling Bits are type of a drilling equipment which is used to create hole by removing the material. Most of the drilling bits create circular holes. Drilling bits have available in variety of materials from steel to all the way till diamond alloys. Predominantly there are two main types of drilling bits which include roller cone bit and fixed cutter bit. Increasing construction and building activities is attributed to the growing demand for bits. Growth of mining industry is another major reason for growth of the drilling bits market. North America is expected to be biggest market of drilling bits.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)


The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Halliburton Company (United States), National-Oilwell Varco Inc. (United States), Schlumberger Limited (United States), Baker Hughes Company (United States), Sandvik AB (Sweden), Epiroc AB (Sweden), Atlas Copco (Sweden), Rockpecker Limited (United Kingdom), Varel Energy Solutions (United States) and Ulterra Drilling Technologies LP (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Xi'an Landrill Oil Tools Co. Ltd. (China), Walter Surface Technologies (Canada) and Swan Machine Tools Pvt. Ltd. (India).

Segmentation Overview
AMA Research has segmented the market of Global Drilling Bits market by Type (Roller Cone Bit and Fixed Cutter Bit), Application (Onshore and Offshore) and Region.



On the basis of geography, the market of Drilling Bits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Steel will boost the Drilling Bits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Drilling Bits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
Steel and Cobalt Account for One of the Highest Share

Market Growth Drivers:
Increasing Construction and Building Activities, Growing Demand for Mining Industry and Rise in Demand from Household because of DIY Projects

Challenges:
Innovating with New Materials to Attain a Market Edge

Restraints:
Emergence of Cheaper Chinese Alternatives

Opportunities:
Household Demand Presents an Opportunity to Expand the Sales

Market Leaders and their expansionary development strategies
In 2019, Epiroc AB, a Swedish manufacturer of mining equipment has announced acquisition of Fordia, which is a drilling equipment manufacturing company. Fordia is a Canadian company which operates in more than 70 countries. Fordia after acquisition will become part of Epiroc’s Rock Drilling Tools division, expanding its product portfolio offerings.
In 2021, Walter Surface Technologies, a Canada based industrial tools manufacturer has announced acquisition of a drilling bits manufacturer, Drillco Cutting Tools. Walter Surface Technologies look to enhance its geographical presence with the wide spread distribution network of Drillco Cutting Tools. Drillico’s product expertise is also expected to benefit the manufacturing process of Walter Surface Technologies.


Key Target Audience
Drilling Bits Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Type
  • Roller Cone Bit
  • Fixed Cutter Bit
By Application
  • Onshore
  • Offshore
By Material
  • Steel
  • Cobalt
  • Carbide
  • Diamonds
  • Others

By Distribution Channel
  • Direct
  • Indirect

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increasing Construction and Building Activities
      • 3.2.2. Growing Demand for Mining Industry
      • 3.2.3. Rise in Demand from Household because of DIY Projects
    • 3.3. Market Challenges
      • 3.3.1. Innovating with New Materials to Attain a Market Edge
    • 3.4. Market Trends
      • 3.4.1. Steel and Cobalt Account for One of the Highest Share
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Drilling Bits, by Type, Application, Material , Distribution Channel and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Drilling Bits (Value)
      • 5.2.1. Global Drilling Bits by: Type (Value)
        • 5.2.1.1. Roller Cone Bit
        • 5.2.1.2. Fixed Cutter Bit
      • 5.2.2. Global Drilling Bits by: Application (Value)
        • 5.2.2.1. Onshore
        • 5.2.2.2. Offshore
      • 5.2.3. Global Drilling Bits by: Distribution Channel (Value)
        • 5.2.3.1. Direct
        • 5.2.3.2. Indirect
      • 5.2.4. Global Drilling Bits Region
        • 5.2.4.1. South America
          • 5.2.4.1.1. Brazil
          • 5.2.4.1.2. Argentina
          • 5.2.4.1.3. Rest of South America
        • 5.2.4.2. Asia Pacific
          • 5.2.4.2.1. China
          • 5.2.4.2.2. Japan
          • 5.2.4.2.3. India
          • 5.2.4.2.4. South Korea
          • 5.2.4.2.5. Taiwan
          • 5.2.4.2.6. Australia
          • 5.2.4.2.7. Rest of Asia-Pacific
        • 5.2.4.3. Europe
          • 5.2.4.3.1. Germany
          • 5.2.4.3.2. France
          • 5.2.4.3.3. Italy
          • 5.2.4.3.4. United Kingdom
          • 5.2.4.3.5. Netherlands
          • 5.2.4.3.6. Rest of Europe
        • 5.2.4.4. MEA
          • 5.2.4.4.1. Middle East
          • 5.2.4.4.2. Africa
        • 5.2.4.5. North America
          • 5.2.4.5.1. United States
          • 5.2.4.5.2. Canada
          • 5.2.4.5.3. Mexico
  • 6. Drilling Bits: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Halliburton Company (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. National-Oilwell Varco Inc. (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Schlumberger Limited (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Baker Hughes Company (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Sandvik AB (Sweden)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Epiroc AB (Sweden)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Atlas Copco (Sweden)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Rockpecker Limited (United Kingdom)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Varel Energy Solutions (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Ulterra Drilling Technologies LP (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Drilling Bits Sale, by Type, Application, Material , Distribution Channel and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Drilling Bits (Value)
      • 7.2.1. Global Drilling Bits by: Type (Value)
        • 7.2.1.1. Roller Cone Bit
        • 7.2.1.2. Fixed Cutter Bit
      • 7.2.2. Global Drilling Bits by: Application (Value)
        • 7.2.2.1. Onshore
        • 7.2.2.2. Offshore
      • 7.2.3. Global Drilling Bits by: Distribution Channel (Value)
        • 7.2.3.1. Direct
        • 7.2.3.2. Indirect
      • 7.2.4. Global Drilling Bits Region
        • 7.2.4.1. South America
          • 7.2.4.1.1. Brazil
          • 7.2.4.1.2. Argentina
          • 7.2.4.1.3. Rest of South America
        • 7.2.4.2. Asia Pacific
          • 7.2.4.2.1. China
          • 7.2.4.2.2. Japan
          • 7.2.4.2.3. India
          • 7.2.4.2.4. South Korea
          • 7.2.4.2.5. Taiwan
          • 7.2.4.2.6. Australia
          • 7.2.4.2.7. Rest of Asia-Pacific
        • 7.2.4.3. Europe
          • 7.2.4.3.1. Germany
          • 7.2.4.3.2. France
          • 7.2.4.3.3. Italy
          • 7.2.4.3.4. United Kingdom
          • 7.2.4.3.5. Netherlands
          • 7.2.4.3.6. Rest of Europe
        • 7.2.4.4. MEA
          • 7.2.4.4.1. Middle East
          • 7.2.4.4.2. Africa
        • 7.2.4.5. North America
          • 7.2.4.5.1. United States
          • 7.2.4.5.2. Canada
          • 7.2.4.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Drilling Bits: by Type(USD Million)
  • Table 2. Drilling Bits Roller Cone Bit , by Region USD Million (2018-2023)
  • Table 3. Drilling Bits Fixed Cutter Bit , by Region USD Million (2018-2023)
  • Table 4. Drilling Bits: by Application(USD Million)
  • Table 5. Drilling Bits Onshore , by Region USD Million (2018-2023)
  • Table 6. Drilling Bits Offshore , by Region USD Million (2018-2023)
  • Table 7. Drilling Bits: by Distribution Channel(USD Million)
  • Table 8. Drilling Bits Direct , by Region USD Million (2018-2023)
  • Table 9. Drilling Bits Indirect , by Region USD Million (2018-2023)
  • Table 10. South America Drilling Bits, by Country USD Million (2018-2023)
  • Table 11. South America Drilling Bits, by Type USD Million (2018-2023)
  • Table 12. South America Drilling Bits, by Application USD Million (2018-2023)
  • Table 13. South America Drilling Bits, by Material USD Million (2018-2023)
  • Table 14. South America Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 15. Brazil Drilling Bits, by Type USD Million (2018-2023)
  • Table 16. Brazil Drilling Bits, by Application USD Million (2018-2023)
  • Table 17. Brazil Drilling Bits, by Material USD Million (2018-2023)
  • Table 18. Brazil Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 19. Argentina Drilling Bits, by Type USD Million (2018-2023)
  • Table 20. Argentina Drilling Bits, by Application USD Million (2018-2023)
  • Table 21. Argentina Drilling Bits, by Material USD Million (2018-2023)
  • Table 22. Argentina Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 23. Rest of South America Drilling Bits, by Type USD Million (2018-2023)
  • Table 24. Rest of South America Drilling Bits, by Application USD Million (2018-2023)
  • Table 25. Rest of South America Drilling Bits, by Material USD Million (2018-2023)
  • Table 26. Rest of South America Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 27. Asia Pacific Drilling Bits, by Country USD Million (2018-2023)
  • Table 28. Asia Pacific Drilling Bits, by Type USD Million (2018-2023)
  • Table 29. Asia Pacific Drilling Bits, by Application USD Million (2018-2023)
  • Table 30. Asia Pacific Drilling Bits, by Material USD Million (2018-2023)
  • Table 31. Asia Pacific Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 32. China Drilling Bits, by Type USD Million (2018-2023)
  • Table 33. China Drilling Bits, by Application USD Million (2018-2023)
  • Table 34. China Drilling Bits, by Material USD Million (2018-2023)
  • Table 35. China Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 36. Japan Drilling Bits, by Type USD Million (2018-2023)
  • Table 37. Japan Drilling Bits, by Application USD Million (2018-2023)
  • Table 38. Japan Drilling Bits, by Material USD Million (2018-2023)
  • Table 39. Japan Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 40. India Drilling Bits, by Type USD Million (2018-2023)
  • Table 41. India Drilling Bits, by Application USD Million (2018-2023)
  • Table 42. India Drilling Bits, by Material USD Million (2018-2023)
  • Table 43. India Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 44. South Korea Drilling Bits, by Type USD Million (2018-2023)
  • Table 45. South Korea Drilling Bits, by Application USD Million (2018-2023)
  • Table 46. South Korea Drilling Bits, by Material USD Million (2018-2023)
  • Table 47. South Korea Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 48. Taiwan Drilling Bits, by Type USD Million (2018-2023)
  • Table 49. Taiwan Drilling Bits, by Application USD Million (2018-2023)
  • Table 50. Taiwan Drilling Bits, by Material USD Million (2018-2023)
  • Table 51. Taiwan Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 52. Australia Drilling Bits, by Type USD Million (2018-2023)
  • Table 53. Australia Drilling Bits, by Application USD Million (2018-2023)
  • Table 54. Australia Drilling Bits, by Material USD Million (2018-2023)
  • Table 55. Australia Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 56. Rest of Asia-Pacific Drilling Bits, by Type USD Million (2018-2023)
  • Table 57. Rest of Asia-Pacific Drilling Bits, by Application USD Million (2018-2023)
  • Table 58. Rest of Asia-Pacific Drilling Bits, by Material USD Million (2018-2023)
  • Table 59. Rest of Asia-Pacific Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 60. Europe Drilling Bits, by Country USD Million (2018-2023)
  • Table 61. Europe Drilling Bits, by Type USD Million (2018-2023)
  • Table 62. Europe Drilling Bits, by Application USD Million (2018-2023)
  • Table 63. Europe Drilling Bits, by Material USD Million (2018-2023)
  • Table 64. Europe Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 65. Germany Drilling Bits, by Type USD Million (2018-2023)
  • Table 66. Germany Drilling Bits, by Application USD Million (2018-2023)
  • Table 67. Germany Drilling Bits, by Material USD Million (2018-2023)
  • Table 68. Germany Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 69. France Drilling Bits, by Type USD Million (2018-2023)
  • Table 70. France Drilling Bits, by Application USD Million (2018-2023)
  • Table 71. France Drilling Bits, by Material USD Million (2018-2023)
  • Table 72. France Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 73. Italy Drilling Bits, by Type USD Million (2018-2023)
  • Table 74. Italy Drilling Bits, by Application USD Million (2018-2023)
  • Table 75. Italy Drilling Bits, by Material USD Million (2018-2023)
  • Table 76. Italy Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 77. United Kingdom Drilling Bits, by Type USD Million (2018-2023)
  • Table 78. United Kingdom Drilling Bits, by Application USD Million (2018-2023)
  • Table 79. United Kingdom Drilling Bits, by Material USD Million (2018-2023)
  • Table 80. United Kingdom Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 81. Netherlands Drilling Bits, by Type USD Million (2018-2023)
  • Table 82. Netherlands Drilling Bits, by Application USD Million (2018-2023)
  • Table 83. Netherlands Drilling Bits, by Material USD Million (2018-2023)
  • Table 84. Netherlands Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 85. Rest of Europe Drilling Bits, by Type USD Million (2018-2023)
  • Table 86. Rest of Europe Drilling Bits, by Application USD Million (2018-2023)
  • Table 87. Rest of Europe Drilling Bits, by Material USD Million (2018-2023)
  • Table 88. Rest of Europe Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 89. MEA Drilling Bits, by Country USD Million (2018-2023)
  • Table 90. MEA Drilling Bits, by Type USD Million (2018-2023)
  • Table 91. MEA Drilling Bits, by Application USD Million (2018-2023)
  • Table 92. MEA Drilling Bits, by Material USD Million (2018-2023)
  • Table 93. MEA Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 94. Middle East Drilling Bits, by Type USD Million (2018-2023)
  • Table 95. Middle East Drilling Bits, by Application USD Million (2018-2023)
  • Table 96. Middle East Drilling Bits, by Material USD Million (2018-2023)
  • Table 97. Middle East Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 98. Africa Drilling Bits, by Type USD Million (2018-2023)
  • Table 99. Africa Drilling Bits, by Application USD Million (2018-2023)
  • Table 100. Africa Drilling Bits, by Material USD Million (2018-2023)
  • Table 101. Africa Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 102. North America Drilling Bits, by Country USD Million (2018-2023)
  • Table 103. North America Drilling Bits, by Type USD Million (2018-2023)
  • Table 104. North America Drilling Bits, by Application USD Million (2018-2023)
  • Table 105. North America Drilling Bits, by Material USD Million (2018-2023)
  • Table 106. North America Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 107. United States Drilling Bits, by Type USD Million (2018-2023)
  • Table 108. United States Drilling Bits, by Application USD Million (2018-2023)
  • Table 109. United States Drilling Bits, by Material USD Million (2018-2023)
  • Table 110. United States Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 111. Canada Drilling Bits, by Type USD Million (2018-2023)
  • Table 112. Canada Drilling Bits, by Application USD Million (2018-2023)
  • Table 113. Canada Drilling Bits, by Material USD Million (2018-2023)
  • Table 114. Canada Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 115. Mexico Drilling Bits, by Type USD Million (2018-2023)
  • Table 116. Mexico Drilling Bits, by Application USD Million (2018-2023)
  • Table 117. Mexico Drilling Bits, by Material USD Million (2018-2023)
  • Table 118. Mexico Drilling Bits, by Distribution Channel USD Million (2018-2023)
  • Table 119. Company Basic Information, Sales Area and Its Competitors
  • Table 120. Company Basic Information, Sales Area and Its Competitors
  • Table 121. Company Basic Information, Sales Area and Its Competitors
  • Table 122. Company Basic Information, Sales Area and Its Competitors
  • Table 123. Company Basic Information, Sales Area and Its Competitors
  • Table 124. Company Basic Information, Sales Area and Its Competitors
  • Table 125. Company Basic Information, Sales Area and Its Competitors
  • Table 126. Company Basic Information, Sales Area and Its Competitors
  • Table 127. Company Basic Information, Sales Area and Its Competitors
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Drilling Bits: by Type(USD Million)
  • Table 130. Drilling Bits Roller Cone Bit , by Region USD Million (2025-2030)
  • Table 131. Drilling Bits Fixed Cutter Bit , by Region USD Million (2025-2030)
  • Table 132. Drilling Bits: by Application(USD Million)
  • Table 133. Drilling Bits Onshore , by Region USD Million (2025-2030)
  • Table 134. Drilling Bits Offshore , by Region USD Million (2025-2030)
  • Table 135. Drilling Bits: by Distribution Channel(USD Million)
  • Table 136. Drilling Bits Direct , by Region USD Million (2025-2030)
  • Table 137. Drilling Bits Indirect , by Region USD Million (2025-2030)
  • Table 138. South America Drilling Bits, by Country USD Million (2025-2030)
  • Table 139. South America Drilling Bits, by Type USD Million (2025-2030)
  • Table 140. South America Drilling Bits, by Application USD Million (2025-2030)
  • Table 141. South America Drilling Bits, by Material USD Million (2025-2030)
  • Table 142. South America Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 143. Brazil Drilling Bits, by Type USD Million (2025-2030)
  • Table 144. Brazil Drilling Bits, by Application USD Million (2025-2030)
  • Table 145. Brazil Drilling Bits, by Material USD Million (2025-2030)
  • Table 146. Brazil Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 147. Argentina Drilling Bits, by Type USD Million (2025-2030)
  • Table 148. Argentina Drilling Bits, by Application USD Million (2025-2030)
  • Table 149. Argentina Drilling Bits, by Material USD Million (2025-2030)
  • Table 150. Argentina Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 151. Rest of South America Drilling Bits, by Type USD Million (2025-2030)
  • Table 152. Rest of South America Drilling Bits, by Application USD Million (2025-2030)
  • Table 153. Rest of South America Drilling Bits, by Material USD Million (2025-2030)
  • Table 154. Rest of South America Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 155. Asia Pacific Drilling Bits, by Country USD Million (2025-2030)
  • Table 156. Asia Pacific Drilling Bits, by Type USD Million (2025-2030)
  • Table 157. Asia Pacific Drilling Bits, by Application USD Million (2025-2030)
  • Table 158. Asia Pacific Drilling Bits, by Material USD Million (2025-2030)
  • Table 159. Asia Pacific Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 160. China Drilling Bits, by Type USD Million (2025-2030)
  • Table 161. China Drilling Bits, by Application USD Million (2025-2030)
  • Table 162. China Drilling Bits, by Material USD Million (2025-2030)
  • Table 163. China Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 164. Japan Drilling Bits, by Type USD Million (2025-2030)
  • Table 165. Japan Drilling Bits, by Application USD Million (2025-2030)
  • Table 166. Japan Drilling Bits, by Material USD Million (2025-2030)
  • Table 167. Japan Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 168. India Drilling Bits, by Type USD Million (2025-2030)
  • Table 169. India Drilling Bits, by Application USD Million (2025-2030)
  • Table 170. India Drilling Bits, by Material USD Million (2025-2030)
  • Table 171. India Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 172. South Korea Drilling Bits, by Type USD Million (2025-2030)
  • Table 173. South Korea Drilling Bits, by Application USD Million (2025-2030)
  • Table 174. South Korea Drilling Bits, by Material USD Million (2025-2030)
  • Table 175. South Korea Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 176. Taiwan Drilling Bits, by Type USD Million (2025-2030)
  • Table 177. Taiwan Drilling Bits, by Application USD Million (2025-2030)
  • Table 178. Taiwan Drilling Bits, by Material USD Million (2025-2030)
  • Table 179. Taiwan Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 180. Australia Drilling Bits, by Type USD Million (2025-2030)
  • Table 181. Australia Drilling Bits, by Application USD Million (2025-2030)
  • Table 182. Australia Drilling Bits, by Material USD Million (2025-2030)
  • Table 183. Australia Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 184. Rest of Asia-Pacific Drilling Bits, by Type USD Million (2025-2030)
  • Table 185. Rest of Asia-Pacific Drilling Bits, by Application USD Million (2025-2030)
  • Table 186. Rest of Asia-Pacific Drilling Bits, by Material USD Million (2025-2030)
  • Table 187. Rest of Asia-Pacific Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 188. Europe Drilling Bits, by Country USD Million (2025-2030)
  • Table 189. Europe Drilling Bits, by Type USD Million (2025-2030)
  • Table 190. Europe Drilling Bits, by Application USD Million (2025-2030)
  • Table 191. Europe Drilling Bits, by Material USD Million (2025-2030)
  • Table 192. Europe Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 193. Germany Drilling Bits, by Type USD Million (2025-2030)
  • Table 194. Germany Drilling Bits, by Application USD Million (2025-2030)
  • Table 195. Germany Drilling Bits, by Material USD Million (2025-2030)
  • Table 196. Germany Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 197. France Drilling Bits, by Type USD Million (2025-2030)
  • Table 198. France Drilling Bits, by Application USD Million (2025-2030)
  • Table 199. France Drilling Bits, by Material USD Million (2025-2030)
  • Table 200. France Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 201. Italy Drilling Bits, by Type USD Million (2025-2030)
  • Table 202. Italy Drilling Bits, by Application USD Million (2025-2030)
  • Table 203. Italy Drilling Bits, by Material USD Million (2025-2030)
  • Table 204. Italy Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 205. United Kingdom Drilling Bits, by Type USD Million (2025-2030)
  • Table 206. United Kingdom Drilling Bits, by Application USD Million (2025-2030)
  • Table 207. United Kingdom Drilling Bits, by Material USD Million (2025-2030)
  • Table 208. United Kingdom Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 209. Netherlands Drilling Bits, by Type USD Million (2025-2030)
  • Table 210. Netherlands Drilling Bits, by Application USD Million (2025-2030)
  • Table 211. Netherlands Drilling Bits, by Material USD Million (2025-2030)
  • Table 212. Netherlands Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 213. Rest of Europe Drilling Bits, by Type USD Million (2025-2030)
  • Table 214. Rest of Europe Drilling Bits, by Application USD Million (2025-2030)
  • Table 215. Rest of Europe Drilling Bits, by Material USD Million (2025-2030)
  • Table 216. Rest of Europe Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 217. MEA Drilling Bits, by Country USD Million (2025-2030)
  • Table 218. MEA Drilling Bits, by Type USD Million (2025-2030)
  • Table 219. MEA Drilling Bits, by Application USD Million (2025-2030)
  • Table 220. MEA Drilling Bits, by Material USD Million (2025-2030)
  • Table 221. MEA Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 222. Middle East Drilling Bits, by Type USD Million (2025-2030)
  • Table 223. Middle East Drilling Bits, by Application USD Million (2025-2030)
  • Table 224. Middle East Drilling Bits, by Material USD Million (2025-2030)
  • Table 225. Middle East Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 226. Africa Drilling Bits, by Type USD Million (2025-2030)
  • Table 227. Africa Drilling Bits, by Application USD Million (2025-2030)
  • Table 228. Africa Drilling Bits, by Material USD Million (2025-2030)
  • Table 229. Africa Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 230. North America Drilling Bits, by Country USD Million (2025-2030)
  • Table 231. North America Drilling Bits, by Type USD Million (2025-2030)
  • Table 232. North America Drilling Bits, by Application USD Million (2025-2030)
  • Table 233. North America Drilling Bits, by Material USD Million (2025-2030)
  • Table 234. North America Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 235. United States Drilling Bits, by Type USD Million (2025-2030)
  • Table 236. United States Drilling Bits, by Application USD Million (2025-2030)
  • Table 237. United States Drilling Bits, by Material USD Million (2025-2030)
  • Table 238. United States Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 239. Canada Drilling Bits, by Type USD Million (2025-2030)
  • Table 240. Canada Drilling Bits, by Application USD Million (2025-2030)
  • Table 241. Canada Drilling Bits, by Material USD Million (2025-2030)
  • Table 242. Canada Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 243. Mexico Drilling Bits, by Type USD Million (2025-2030)
  • Table 244. Mexico Drilling Bits, by Application USD Million (2025-2030)
  • Table 245. Mexico Drilling Bits, by Material USD Million (2025-2030)
  • Table 246. Mexico Drilling Bits, by Distribution Channel USD Million (2025-2030)
  • Table 247. Research Programs/Design for This Report
  • Table 248. Key Data Information from Secondary Sources
  • Table 249. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Drilling Bits: by Type USD Million (2018-2023)
  • Figure 5. Global Drilling Bits: by Application USD Million (2018-2023)
  • Figure 6. Global Drilling Bits: by Distribution Channel USD Million (2018-2023)
  • Figure 7. South America Drilling Bits Share (%), by Country
  • Figure 8. Asia Pacific Drilling Bits Share (%), by Country
  • Figure 9. Europe Drilling Bits Share (%), by Country
  • Figure 10. MEA Drilling Bits Share (%), by Country
  • Figure 11. North America Drilling Bits Share (%), by Country
  • Figure 12. Global Drilling Bits share by Players 2023 (%)
  • Figure 13. Global Drilling Bits share by Players (Top 3) 2023(%)
  • Figure 14. Global Drilling Bits share by Players (Top 5) 2023(%)
  • Figure 15. BCG Matrix for key Companies
  • Figure 16. Halliburton Company (United States) Revenue, Net Income and Gross profit
  • Figure 17. Halliburton Company (United States) Revenue: by Geography 2023
  • Figure 18. National-Oilwell Varco Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 19. National-Oilwell Varco Inc. (United States) Revenue: by Geography 2023
  • Figure 20. Schlumberger Limited (United States) Revenue, Net Income and Gross profit
  • Figure 21. Schlumberger Limited (United States) Revenue: by Geography 2023
  • Figure 22. Baker Hughes Company (United States) Revenue, Net Income and Gross profit
  • Figure 23. Baker Hughes Company (United States) Revenue: by Geography 2023
  • Figure 24. Sandvik AB (Sweden) Revenue, Net Income and Gross profit
  • Figure 25. Sandvik AB (Sweden) Revenue: by Geography 2023
  • Figure 26. Epiroc AB (Sweden) Revenue, Net Income and Gross profit
  • Figure 27. Epiroc AB (Sweden) Revenue: by Geography 2023
  • Figure 28. Atlas Copco (Sweden) Revenue, Net Income and Gross profit
  • Figure 29. Atlas Copco (Sweden) Revenue: by Geography 2023
  • Figure 30. Rockpecker Limited (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 31. Rockpecker Limited (United Kingdom) Revenue: by Geography 2023
  • Figure 32. Varel Energy Solutions (United States) Revenue, Net Income and Gross profit
  • Figure 33. Varel Energy Solutions (United States) Revenue: by Geography 2023
  • Figure 34. Ulterra Drilling Technologies LP (United States) Revenue, Net Income and Gross profit
  • Figure 35. Ulterra Drilling Technologies LP (United States) Revenue: by Geography 2023
  • Figure 36. Global Drilling Bits: by Type USD Million (2025-2030)
  • Figure 37. Global Drilling Bits: by Application USD Million (2025-2030)
  • Figure 38. Global Drilling Bits: by Distribution Channel USD Million (2025-2030)
  • Figure 39. South America Drilling Bits Share (%), by Country
  • Figure 40. Asia Pacific Drilling Bits Share (%), by Country
  • Figure 41. Europe Drilling Bits Share (%), by Country
  • Figure 42. MEA Drilling Bits Share (%), by Country
  • Figure 43. North America Drilling Bits Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Halliburton Company (United States)
  • National-Oilwell Varco Inc. (United States)
  • Schlumberger Limited (United States)
  • Baker Hughes Company (United States)
  • Sandvik AB (Sweden)
  • Epiroc AB (Sweden)
  • Atlas Copco (Sweden)
  • Rockpecker Limited (United Kingdom)
  • Varel Energy Solutions (United States)
  • Ulterra Drilling Technologies LP (United States)
Additional players considered in the study are as follows:
Xi'an Landrill Oil Tools Co. Ltd. (China) , Walter Surface Technologies (Canada) , Swan Machine Tools Pvt. Ltd. (India)
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Key Highlights of Report


Apr 2024 203 Pages 54 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Global Drilling Bits Market Quantitative research analysis
Global Drilling Bits Market Qualitative Industry Analysis
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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as Halliburton Company (United States), National-Oilwell Varco Inc. (United States), Schlumberger Limited (United States), Baker Hughes Company (United States), Sandvik AB (Sweden), Epiroc AB (Sweden), Atlas Copco (Sweden), Rockpecker Limited (United Kingdom), Varel Energy Solutions (United States) and Ulterra Drilling Technologies LP (United States) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"Steel and Cobalt Account for One of the Highest Share" is seen as one of major influencing trends for Drilling Bits Market during projected period 2023-2030.
The Drilling Bits market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.

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