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Global Drill Bits Market Size,Share and Trends by 2019

Mining Equipment & Supplies Retail

Updated on Nov 24, 2015

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Report Description

This report covers the market analysis for drill bits such as roller cone and fixed cutters used in oil and gas industry. The stakeholders for this study include drill bits manufacturers, players involved in Exploration and Production (E&P) activities.

The market overview section of the report demonstrates the market dynamics and trends such as the drivers, restraints and opportunities that influence the current nature and future status of this field. Impact factors such as market attractiveness analysis and Porter’s five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of the overall competitive scenario in the global drill bits for oil and gas industry application market.

Complete Report with TOC @ http://www.mrrse.com/drill-bit-market

The global drill bits for oil and gas industry application market is categorized on the basis of drill bits type. Drill bits for oil and gas industry application are broadly classified as roller cone and fixed cutters. The roller cone type further includes milled-tooth bits and tungsten carbide inserts (insert bits). The types of fixed cutters studied in the report include polycrystalline diamond bits (PDC) and natural diamond bits. The market revenue and forecast for each product type has been provided for the period 2011 to 2019 in terms of USD million, along with the CAGR for the forecast period 2013 to 2019.

Scope

In terms of geographical distribution, the global drill bits market has been classified into four regions, namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). This section includes market revenue and forecast for the drill bits for oil and gas industry application market in each regional market, in terms of USD million.

Key Players

Some of the major companies included in this report are NewTech Drilling Products LLC, Varel international, Inc., Baker Hughes, Inc., National-Oilwell Varco, Inc., Halliburton, Inc., Scientific Drilling International, Inc., Torquato Drilling Accessories, Inc., Atlas Copco AB and Kingdream Public Limited Company.

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