Press release
Drilling Bits in Oil and Gas Market Analysis Focusing on Top Key Players –Schlumberger, Baker Hughes, Halliburton, National Oilwell Varco, Hole Products, Master Oil Tool
The newly released research at Market Study Report LLC titled “2018-2023 Global Drilling Bits in Oil and Gas Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.Drill bits are mechanical tools used for cutting or crushing rocks to create wellbores for the extraction of hydrocarbon resources. They are mainly used in drilling operations for oil or gas wells either onshore or offshore. With the era of easy oil nearing the end, oil and gas companies will start looking out for unconventional avenues around the globe for exploration and production activities. For instance, the decreasing production rates in the established regions such as the Middle East, Gulf of Mexico, and North Sea has already induced energy companies to move out to other areas like the Yamal basin in Russia, Andaman Sea in the Indian sub-continent, and several regions in the Arctic and Antarctic. This increase in new exploration and production activities will result in the rise in demand for drilling equiment, in turn, driving market growth.
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The market is characterized by the presence of a considerable number of players and is competitive. The market is dominated by the major players who occupy large market shares despite having the least geographical presence. To gain a competitive advantage over their competitors, market players follow M&A strategies and also focus on creating joint ventures, contracts, agreements, and partnerships with other vendors. To cater to the changing market dynamics, the regional vendors are focusing on the development of innovative products and technologies, in turn, pose a stiff challenge to the international vendors.
Scope of the Report:
This report focuses on the Drilling Bits in Oil and Gas Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Drilling Bits in Oil and Gas Market Segment by Top Manufacturers Including:
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Varel International
• Atlas Copco AB
• Bellwether Resources International
• Bit Brokers International
• Century Products
• DRILLBITS International (DBI)
• Drilformance
• Drill King International
• Drilling Products (DPI)
• Harvest Tool Company
• Hole Products
• Kay Rock Bit Company
• Master Oil Tool
• Nile Petroleum Industrial Company (NPICO)
• OTS International
• PDB Tools
Drilling Bits in Oil and Gas 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)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Drilling Bits in Oil and Gas Market Segment by Type covers
• Fixed cutter
• Roller cone
Market Segment by Applications can be divided into:
• Onshore
• Offshore
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There are 15 Chapters to deeply display the global Drilling Bits in Oil and Gas market.
Chapter 1, to describe Drilling Bits in Oil and Gas Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Drilling Bits in Oil and Gas, with sales, revenue, and price of Drilling Bits in Oil and Gas, 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 Drilling Bits in Oil and Gas, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, 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, Drilling Bits in Oil and Gas market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Drilling Bits in Oil and Gas sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Table of Contents:
1 Market Overview
1.1 Drilling Bits in Oil and Gas Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
2 Manufacturers Profiles
3 Global Drilling Bits in Oil and Gas Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Drilling Bits in Oil and Gas Market Analysis by Regions
10 Global Drilling Bits in Oil and Gas Market Segment by Type
10.1 Global Drilling Bits in Oil and Gas Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Drilling Bits in Oil and Gas Sales and Market Share by Type (2013-2018)
10.1.2 Global Drilling Bits in Oil and Gas Revenue and Market Share by Type (2013-2018)
10.2 Fixed cutter Sales Growth and Price
10.2.1 Global Fixed cutter Sales Growth (2013-2018)
10.2.2 Global Fixed cutter Price (2013-2018)
10.3 Roller cone Sales Growth and Price
10.3.1 Global Roller cone Sales Growth (2013-2018)
10.3.2 Global Roller cone Price (2013-2018)
11 Global Drilling Bits in Oil and Gas Market Segment by Application
11.1 Global Drilling Bits in Oil and Gas Sales Market Share by Application (2013-2018)
11.2 Onshore Sales Growth (2013-2018)
11.3 Offshore Sales Growth (2013-2018)
12 Drilling Bits in Oil and Gas Market Forecast (2018-2023)
12.1 Global Drilling Bits in Oil and Gas Sales, Revenue and Growth Rate (2018-2023)
12.2 Drilling Bits in Oil and Gas Market Forecast by Regions (2018-2023)
For more information on this report at: https://www.marketstudyreport.com/reports/global-drilling-bits-in-oil-and-gas-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=Openpr.com-SP
Related Report:
United States Oil and Gas Drilling Bits Market Report 2017
In this report, the United States Oil and Gas Drilling Bits market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-oil-and-gas-drilling-bits-market-report-2017?utm_source=OpenprRR-SP
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