Oil and Gas Metal Drill Bits Market, Global Outlook and Forecast 2023-2029

Report ID: MMG290482 | Category: Machinery & Equipment | Pages: 113 | Format: PDF | Published Date: November 08,2023

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Report Description
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Report Summary

The global Oil and Gas Metal Drill Bits market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Fixed Cutter Drill Bits Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Oil and Gas Metal Drill Bits include Schlumberger, BHGE, Halliburton, National Oilwell Varco, Varel International, Drilformance Technologies, Sinopec Oilfield Equipment Corporation (SOFE), Baker Hughes and Kingdream, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
Drill bits are cutting tools used in a drill to remove material to create holes, almost always of circular cross-section.
This report aims to provide a comprehensive presentation of the global market for Oil and Gas Metal Drill Bits, 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 Oil and Gas Metal Drill Bits. This report contains market size and forecasts of Oil and Gas Metal Drill Bits in global, including the following market information:
Global Oil and Gas Metal Drill Bits Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Oil and Gas Metal Drill Bits Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Oil and Gas Metal Drill Bits companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Oil and Gas Metal Drill Bits Market Segment Percentages, by Type, 2022 (%)
    Fixed Cutter Drill Bits
    Roller Cone Drill Bits
Global Oil and Gas Metal Drill Bits Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Oil and Gas Metal Drill Bits Market Segment Percentages, by Application, 2022 (%)
    Onshore
    Offshore
Global Oil and Gas Metal Drill Bits Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Oil and Gas Metal Drill Bits revenues share in global market, 2022 (%)
Key companies Oil and Gas Metal Drill Bits sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Oil and Gas Metal Drill Bits sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Schlumberger
    BHGE
    Halliburton
    National Oilwell Varco
    Varel International
    Drilformance Technologies
    Sinopec Oilfield Equipment Corporation (SOFE)
    Baker Hughes
    Kingdream
    Sinopec
    China Petroleum
    Tianjin Lilin BIT Co., Ltd.
    Cangzhou GREAT Drill Bits
    Sichuan BOMCO Petroleum Drill BIT
    Chengdu BEST Diamond BIT
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oil and Gas Metal Drill Bits, market overview.
Chapter 2: Global Oil and Gas Metal Drill Bits market size in revenue and volume.
Chapter 3: Detailed analysis of Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits 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.

1 Introduction to Research & Analysis Reports
    1.1 Oil and Gas Metal Drill Bits Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits Overall Market Size
    2.1 Global Oil and Gas Metal Drill Bits Market Size: 2022 VS 2029
    2.2 Global Oil and Gas Metal Drill Bits Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Oil and Gas Metal Drill Bits Sales: 2018-2029
3 Company Landscape
    3.1 Top Oil and Gas Metal Drill Bits Players in Global Market
    3.2 Top Global Oil and Gas Metal Drill Bits Companies Ranked by Revenue
    3.3 Global Oil and Gas Metal Drill Bits Revenue by Companies
    3.4 Global Oil and Gas Metal Drill Bits Sales by Companies
    3.5 Global Oil and Gas Metal Drill Bits Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Oil and Gas Metal Drill Bits Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Oil and Gas Metal Drill Bits Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Oil and Gas Metal Drill Bits Players in Global Market
        3.8.1 List of Global Tier 1 Oil and Gas Metal Drill Bits Companies
        3.8.2 List of Global Tier 2 and Tier 3 Oil and Gas Metal Drill Bits Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Oil and Gas Metal Drill Bits Market Size Markets, 2022 & 2029
        4.1.2 Fixed Cutter Drill Bits
        4.1.3 Roller Cone Drill Bits
    4.2 By Type - Global Oil and Gas Metal Drill Bits Revenue & Forecasts
        4.2.1 By Type - Global Oil and Gas Metal Drill Bits Revenue, 2018-2023
        4.2.2 By Type - Global Oil and Gas Metal Drill Bits Revenue, 2024-2029
        4.2.3 By Type - Global Oil and Gas Metal Drill Bits Revenue Market Share, 2018-2029
    4.3 By Type - Global Oil and Gas Metal Drill Bits Sales & Forecasts
        4.3.1 By Type - Global Oil and Gas Metal Drill Bits Sales, 2018-2023
        4.3.2 By Type - Global Oil and Gas Metal Drill Bits Sales, 2024-2029
        4.3.3 By Type - Global Oil and Gas Metal Drill Bits Sales Market Share, 2018-2029
    4.4 By Type - Global Oil and Gas Metal Drill Bits Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Oil and Gas Metal Drill Bits Market Size, 2022 & 2029
        5.1.2 Onshore
        5.1.3 Offshore
    5.2 By Application - Global Oil and Gas Metal Drill Bits Revenue & Forecasts
        5.2.1 By Application - Global Oil and Gas Metal Drill Bits Revenue, 2018-2023
        5.2.2 By Application - Global Oil and Gas Metal Drill Bits Revenue, 2024-2029
        5.2.3 By Application - Global Oil and Gas Metal Drill Bits Revenue Market Share, 2018-2029
    5.3 By Application - Global Oil and Gas Metal Drill Bits Sales & Forecasts
        5.3.1 By Application - Global Oil and Gas Metal Drill Bits Sales, 2018-2023
        5.3.2 By Application - Global Oil and Gas Metal Drill Bits Sales, 2024-2029
        5.3.3 By Application - Global Oil and Gas Metal Drill Bits Sales Market Share, 2018-2029
    5.4 By Application - Global Oil and Gas Metal Drill Bits Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Oil and Gas Metal Drill Bits Market Size, 2022 & 2029
    6.2 By Region - Global Oil and Gas Metal Drill Bits Revenue & Forecasts
        6.2.1 By Region - Global Oil and Gas Metal Drill Bits Revenue, 2018-2023
        6.2.2 By Region - Global Oil and Gas Metal Drill Bits Revenue, 2024-2029
        6.2.3 By Region - Global Oil and Gas Metal Drill Bits Revenue Market Share, 2018-2029
    6.3 By Region - Global Oil and Gas Metal Drill Bits Sales & Forecasts
        6.3.1 By Region - Global Oil and Gas Metal Drill Bits Sales, 2018-2023
        6.3.2 By Region - Global Oil and Gas Metal Drill Bits Sales, 2024-2029
        6.3.3 By Region - Global Oil and Gas Metal Drill Bits Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Oil and Gas Metal Drill Bits Revenue, 2018-2029
        6.4.2 By Country - North America Oil and Gas Metal Drill Bits Sales, 2018-2029
        6.4.3 US Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.4.4 Canada Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.4.5 Mexico Oil and Gas Metal Drill Bits Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Oil and Gas Metal Drill Bits Revenue, 2018-2029
        6.5.2 By Country - Europe Oil and Gas Metal Drill Bits Sales, 2018-2029
        6.5.3 Germany Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.5.4 France Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.5.5 U.K. Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.5.6 Italy Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.5.7 Russia Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.5.8 Nordic Countries Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.5.9 Benelux Oil and Gas Metal Drill Bits Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Oil and Gas Metal Drill Bits Revenue, 2018-2029
        6.6.2 By Region - Asia Oil and Gas Metal Drill Bits Sales, 2018-2029
        6.6.3 China Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.6.4 Japan Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.6.5 South Korea Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.6.6 Southeast Asia Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.6.7 India Oil and Gas Metal Drill Bits Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Oil and Gas Metal Drill Bits Revenue, 2018-2029
        6.7.2 By Country - South America Oil and Gas Metal Drill Bits Sales, 2018-2029
        6.7.3 Brazil Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.7.4 Argentina Oil and Gas Metal Drill Bits Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Oil and Gas Metal Drill Bits Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Oil and Gas Metal Drill Bits Sales, 2018-2029
        6.8.3 Turkey Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.8.4 Israel Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.8.5 Saudi Arabia Oil and Gas Metal Drill Bits Market Size, 2018-2029
        6.8.6 UAE Oil and Gas Metal Drill Bits Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Schlumberger
        7.1.1 Schlumberger Company Summary
        7.1.2 Schlumberger Business Overview
        7.1.3 Schlumberger Oil and Gas Metal Drill Bits Major Product Offerings
        7.1.4 Schlumberger Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.1.5 Schlumberger Key News & Latest Developments
    7.2 BHGE
        7.2.1 BHGE Company Summary
        7.2.2 BHGE Business Overview
        7.2.3 BHGE Oil and Gas Metal Drill Bits Major Product Offerings
        7.2.4 BHGE Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.2.5 BHGE Key News & Latest Developments
    7.3 Halliburton
        7.3.1 Halliburton Company Summary
        7.3.2 Halliburton Business Overview
        7.3.3 Halliburton Oil and Gas Metal Drill Bits Major Product Offerings
        7.3.4 Halliburton Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.3.5 Halliburton Key News & Latest Developments
    7.4 National Oilwell Varco
        7.4.1 National Oilwell Varco Company Summary
        7.4.2 National Oilwell Varco Business Overview
        7.4.3 National Oilwell Varco Oil and Gas Metal Drill Bits Major Product Offerings
        7.4.4 National Oilwell Varco Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.4.5 National Oilwell Varco Key News & Latest Developments
    7.5 Varel International
        7.5.1 Varel International Company Summary
        7.5.2 Varel International Business Overview
        7.5.3 Varel International Oil and Gas Metal Drill Bits Major Product Offerings
        7.5.4 Varel International Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.5.5 Varel International Key News & Latest Developments
    7.6 Drilformance Technologies
        7.6.1 Drilformance Technologies Company Summary
        7.6.2 Drilformance Technologies Business Overview
        7.6.3 Drilformance Technologies Oil and Gas Metal Drill Bits Major Product Offerings
        7.6.4 Drilformance Technologies Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.6.5 Drilformance Technologies Key News & Latest Developments
    7.7 Sinopec Oilfield Equipment Corporation (SOFE)
        7.7.1 Sinopec Oilfield Equipment Corporation (SOFE) Company Summary
        7.7.2 Sinopec Oilfield Equipment Corporation (SOFE) Business Overview
        7.7.3 Sinopec Oilfield Equipment Corporation (SOFE) Oil and Gas Metal Drill Bits Major Product Offerings
        7.7.4 Sinopec Oilfield Equipment Corporation (SOFE) Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.7.5 Sinopec Oilfield Equipment Corporation (SOFE) Key News & Latest Developments
    7.8 Baker Hughes
        7.8.1 Baker Hughes Company Summary
        7.8.2 Baker Hughes Business Overview
        7.8.3 Baker Hughes Oil and Gas Metal Drill Bits Major Product Offerings
        7.8.4 Baker Hughes Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.8.5 Baker Hughes Key News & Latest Developments
    7.9 Kingdream
        7.9.1 Kingdream Company Summary
        7.9.2 Kingdream Business Overview
        7.9.3 Kingdream Oil and Gas Metal Drill Bits Major Product Offerings
        7.9.4 Kingdream Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.9.5 Kingdream Key News & Latest Developments
    7.10 Sinopec
        7.10.1 Sinopec Company Summary
        7.10.2 Sinopec Business Overview
        7.10.3 Sinopec Oil and Gas Metal Drill Bits Major Product Offerings
        7.10.4 Sinopec Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.10.5 Sinopec Key News & Latest Developments
    7.11 China Petroleum
        7.11.1 China Petroleum Company Summary
        7.11.2 China Petroleum Oil and Gas Metal Drill Bits Business Overview
        7.11.3 China Petroleum Oil and Gas Metal Drill Bits Major Product Offerings
        7.11.4 China Petroleum Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.11.5 China Petroleum Key News & Latest Developments
    7.12 Tianjin Lilin BIT Co., Ltd.
        7.12.1 Tianjin Lilin BIT Co., Ltd. Company Summary
        7.12.2 Tianjin Lilin BIT Co., Ltd. Oil and Gas Metal Drill Bits Business Overview
        7.12.3 Tianjin Lilin BIT Co., Ltd. Oil and Gas Metal Drill Bits Major Product Offerings
        7.12.4 Tianjin Lilin BIT Co., Ltd. Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.12.5 Tianjin Lilin BIT Co., Ltd. Key News & Latest Developments
    7.13 Cangzhou GREAT Drill Bits
        7.13.1 Cangzhou GREAT Drill Bits Company Summary
        7.13.2 Cangzhou GREAT Drill Bits Oil and Gas Metal Drill Bits Business Overview
        7.13.3 Cangzhou GREAT Drill Bits Oil and Gas Metal Drill Bits Major Product Offerings
        7.13.4 Cangzhou GREAT Drill Bits Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.13.5 Cangzhou GREAT Drill Bits Key News & Latest Developments
    7.14 Sichuan BOMCO Petroleum Drill BIT
        7.14.1 Sichuan BOMCO Petroleum Drill BIT Company Summary
        7.14.2 Sichuan BOMCO Petroleum Drill BIT Business Overview
        7.14.3 Sichuan BOMCO Petroleum Drill BIT Oil and Gas Metal Drill Bits Major Product Offerings
        7.14.4 Sichuan BOMCO Petroleum Drill BIT Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.14.5 Sichuan BOMCO Petroleum Drill BIT Key News & Latest Developments
    7.15 Chengdu BEST Diamond BIT
        7.15.1 Chengdu BEST Diamond BIT Company Summary
        7.15.2 Chengdu BEST Diamond BIT Business Overview
        7.15.3 Chengdu BEST Diamond BIT Oil and Gas Metal Drill Bits Major Product Offerings
        7.15.4 Chengdu BEST Diamond BIT Oil and Gas Metal Drill Bits Sales and Revenue in Global (2018-2023)
        7.15.5 Chengdu BEST Diamond BIT Key News & Latest Developments
8 Global Oil and Gas Metal Drill Bits Production Capacity, Analysis
    8.1 Global Oil and Gas Metal Drill Bits Production Capacity, 2018-2029
    8.2 Oil and Gas Metal Drill Bits Production Capacity of Key Manufacturers in Global Market
    8.3 Global Oil and Gas Metal Drill Bits 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 Oil and Gas Metal Drill Bits Supply Chain Analysis
    10.1 Oil and Gas Metal Drill Bits Industry Value Chain
    10.2 Oil and Gas Metal Drill Bits Upstream Market
    10.3 Oil and Gas Metal Drill Bits Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Oil and Gas Metal Drill Bits Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Oil and Gas Metal Drill Bits Market, Global Outlook and Forecast 2023-2029

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