Press release
Drill Bits in Oil and Gas 2017 Global Market Expected to Grow at CAGR 4.05 % and Forecast to 2021
WiseGuyReports.com adds “Global Drill Bits in Oil and Gas Industry Market 2015-2019” reports to its Database.About drill bits in oil and gas industry
Drill bits are mechanical tools that cut and crush rocks to create wellbores for the extraction of hydrocarbons. They are mainly used in drilling operations for oil or gas wells, either onshore or offshore. They are broadly classified into two major categories:
• Fixed-cutter bits
• Roller-cone cutter bits
Fixed-cutter bits
Fixed-cutter bits do not have moving cones. They integrate cutting elements into the bit’s body and are designed to excavate holes by shearing, instead of cutting or gouging. Based on type, they are classified into two:
• PDCs
• Natural diamond bits
Roller-cone cutter bits
Roller-cone cutter bits include three individually rotating cones. They are designed to drill any formation by adjusting cutters, bearings, and nozzles. Depending on the design of their teeth, they are classified into two:
• Milled-tooth bits
• Tungsten carbide inserts
Technavio's analysts forecast the global drill bits in oil and gas industry to grow at a CAGR of 4.05% in terms of over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of global drill bits in oil and gas industry for the period 2015-2019. The market can be segmented into three based on type, application, and geography.
Technavio's report, Global Drill Bits in Oil and Gas Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and the Americas; it also covers the landscape of the global drill bits in oil and gas industry and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Key geographies
• Americas
• APAC
• EMEA
Key vendors
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Varel International
Other prominent vendors
• Atlas Copco
• Cangzhou Great Drill
• Champion Cutting Tool
• Driltec
• Guizhou Sinodrills Equipment
• Irwin Industrial Tool
• NewTech Drilling Products
• Rock River Tool
• Weatherford International
Request For Sample Report @ https://www.wiseguyreports.com/sample-request/781555-global-drill-bits-in-oil-and-gas-industry-market-2015-2019
Market driver
• Increased demand for oil and gas worldwide
• For a full, detailed list, view our report
Market challenge
• Fluctuating oil prices
• For a full, detailed list, view our report
Market trend
• Integration of drill bits into bottom-hole assemblies
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table of Contents:
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by type
Global drill bits market in oil and gas industry by type 2014
Global drill bits market in oil and gas industry by type 2019
Global drill bits market in oil and gas industry by fixed cutter bits
Global drill bits market in oil and gas industry by roller cone cutter bits
PART 07: Market segmentation by application
Global drill bits market in oil and gas industry by application 2014
Global drill bits market in oil and gas industry by application 2019
Global drill bits market in oil and gas industry by onshore segment
Global drill bits market in oil and gas industry by offshore segment
PART 08: Geographical segmentation
Segmentation of global drill bits market in oil and gas industry by geography 2014
Segmentation of global drill bits market in oil and gas industry by geography 2019
Drill bits market in oil and gas industry in Americas
Drill bits market in oil and gas industry in EMEA
Drill bits market in oil and gas industry in APAC
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive landscape
Other prominent vendors
PART 15: Key vendor analysis
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Varel International
Continued…….
Enquiry Before Buy @ https://www.wiseguyreports.com/enquiry/781555-global-drill-bits-in-oil-and-gas-industry-market-2015-2019
CONTACT US:
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
www.wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Address:
WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Drill Bits in Oil and Gas 2017 Global Market Expected to Grow at CAGR 4.05 % and Forecast to 2021 here
News-ID: 867135 • Views: …
More Releases from WiseGuyResearch Consultants Pvt Ltd

Slewing Bearing Market 2021 Global Share, Trend, Segmentation, Analysis and Fore …
Slewing Bearing Market 2021
Global Slewing Bearing Scope and Market Size
The recently published Slewing Bearing market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has been prepared with…

Spectral Sensing Filters 2021 Global Market Key Players – Viavi Solutions, PIX …
Spectral Sensing Filters Market 2021
Global Spectral Sensing Filters Scope and Market Size
The recently published Spectral Sensing Filters market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has…

Speed Sensors Market 2021 Global Industry – Key Players Analysis, Sales, Suppl …
Speed Sensors Market 2021
Global Speed Sensors Scope and Market Size
The recently published Speed Sensors market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has been prepared with…

Automotive Snow Chains Market - Global Industry Analysis, Size, Share, Trends, G …
Automotive Snow Chains Market 2021
Global Automotive Snow Chains Scope and Market Size
The recently published Automotive Snow Chains market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has…
More Releases for Drill
What Is Difference Between HSS Twist Drill Bits And Cobalt Drill Bits?
Welcome to our product introduction on twist drill bits and cobalt drill bits. In the world of drilling tools, these two types of drill bits have become quite popular among professionals and DIY enthusiasts alike. They are known for their durability, versatility, and efficiency when it comes to drilling through various materials, including metal, wood, and plastic.
The purpose of this introduction is to explain the key differences between twist drill…
Construction Industry Core Drill Market, By Type (Wet Drill Bits and Dry Drill B …
With thorough company profiles, recent developments, and other information, the Construction Industry Core Drill Market Report provides an in-depth analysis of major trends, motivating reasons, obstacles, segmentation, regulatory policies, and important players. The Construction Industry Core Drill Market Report offers a thorough synopsis of the product portfolio, including product development, planning, and positioning of products with emerging technologies, impending opportunities, and problems. The market's views and viewpoints assess the potential…
Drill Collars in Oilfield Market: Players Tapping Emerging Markets | Drill Pipe …
Market Description -
Los Angeles, (United States) - The information made available in the Drill Collars in Oilfield report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,…
Boring Tools Market Report 2018: Segmentation by Type (Drill Bits, Drilling Tubu …
Global Boring Tools market research report provides company profile for NACHI-FUJIKOSHI, OSG, Sandvik, BIG KAISER, Kennametal and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis…
Drill Pipe Market Countering growth 2025 | Tenaris S. A, Drill Pipe Internationa …
Global Drill Pipe Market: Snapshot
Drill pipes are hollow pipes, usually made of aluminum alloys or steel and are a core component in the drilling process. The hollow drill pipes enable for the transfer of drilling fluids downwards towards the drill point or back upwards through the annulus. Although a standard length for drill pipes is up to 32 feet, there are longer pipes that could stretch till 45 feet and…
Drill Bits Market Research Report- Forecast to 2027 | Global Drill Bits Industry
Global Drill Bits Market Information Report by Type (rolling cutter and fixed cutter bits), by End Market (land and offshore.) and by Region - Forecast to 2027
Increasing demand for energy has been a major factor in the significant growth of the drill bits market In recent times. Furthermore the recent expansion and exploratory activities undertaken across the globe are expecte4d to positively influence the Drill Bits market.
Get a sample copy…