Press release
Boring Tools Market Size Set for Rapid Growth by 2023 | Key Players -BIG KAISER, Kennametal, NACHI-FUJIKOSHI, OSG, Sandvik and More
Boring Tools Market
This report focuses on the Boring Tools market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In machining, boring is the process of enlarging a hole that has already been drilled (or cast) by means of a single-point cutting tool (or of a boring head containing several such tools), such as in boring a gun barrel or an engine cylinder. Boring is used to achieve greater accuracy of the diameter of a hole, and can be used to cut a tapered hole. Boring can be viewed as the internal-diameter counterpart to turning, which cuts external diameters.
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Scope of the Report:
The worldwide market for Boring Tools is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new research study.
Market Segment by Manufacturers, this report covers
BIG KAISER, Kennametal, NACHI-FUJIKOSHI, OSG, Sandvik.
Onshore segment is expected to be the largest market for drilling tools, by application, in 2017. Approximately 70% of the total oil and gas production in the world takes places at onshore fields. These fields are easier to operate from an exploration perspective and require less capital investment as compared to offshore fields. Formations in onshore wells are more stable during the drilling process than those in offshore. Market demand for drilling tools from onshore segment is also the fastest-growing. US and China with vast onshore reserves present ample market opportunities in this onshore segment.
North Americais expected to be the largest and the fastest-growing market, by region, during the forecast period. Increasing shale gas production and energy reforms of respective countries would drive the growth of the drilling tools in the region.Asia Pacificis expected to be the second fastest-growing market for drilling tools.
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Market Segment by Type, covers
• Drill Bits
• Drilling Tubulars
• Drilling Motors
• Drill Reamers and Stabilizers
• Drill Collars
• Drill Jars
• Drill Swivels
• Mechanical Thrusters
Market Segment by Applications, can be divided into
• Onshore
• Offshore
There are 15 Chapters to deeply display the global Boring Tools market.
Chapter 1, to describe Boring Tools Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Boring Tools, with sales, revenue, and price of Boring Tools, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Boring Tools, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Boring Tools market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Boring Tools sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Table of Contents
1 Boring Tools Market Overview
2 Manufacturers Profiles
3 Global Boring Tools Market Competition, by Players
4 Global Boring Tools Market Size by Regions
5 North America Boring Tools Revenue by Countries
6 Europe Boring Tools Revenue by Countries
7 Asia-Pacific Boring Tools Revenue by Countries
8 South America Boring Tools Revenue by Countries
9 Middle East and Africa Revenue Boring Tools by Countries
10 Global Boring Tools Market Segment by Type
11 Global Boring Tools Market Segment by Application
12 Global Boring Tools Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
More Details on this Report: https://www.marketstudyreport.com/reports/global-boring-tools-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023
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