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Drill Bits Market by Product (Fixed Cutter, Roller Cone), Types (Counterbore Drill Bits, Countersink Drill Bits, Flat Bottom Boring Bits), Coating - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 197 Pages
SKU # IRE18442921

Description

Drill Bits Market by Product (Fixed Cutter, Roller Cone), Types (Counterbore Drill Bits, Countersink Drill Bits, Flat Bottom Boring Bits), Coating - Global Forecast 2024-2030


The Drill Bits Market size was estimated at USD 2.51 billion in 2023 and expected to reach USD 2.68 billion in 2024, at a CAGR 6.92% to reach USD 4.01 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Drill Bits Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Drill Bits Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Drill Bits Market, highlighting leading vendors and their innovative profiles. These include Atlas Copco AB, Baker Hughes Company, Bit Brokers International, Ltd., Cangzhou Great Drill Bits Co., Ltd., Halliburton Company, HARTNER GmbH, Hilti India Pvt. Ltd., IZAR CUTTING TOOLS S.A.L., Kingdream Public Limited Company, Makita Singapore Pte. Ltd., MISUMI Corporation, NewTech Services Holding Limited, NOV Inc., Patterson-UTI Energy, Inc., Robert Bosch GmbH, Rockpecker Limited, RUKO GmbH, Sandvik AB, Schlumberger Limited, Scientific Drilling International, Stanley Black & Decker, Inc., Torquato Drilling Accessories Inc., Ulterra Drilling Technologies, L.P., VAMAC, Inc., and Weatherford International PLC.

Market Segmentation & Coverage

This research report categorizes the Drill Bits Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Fixed Cutter

Roller Cone
Types
Counterbore Drill Bits

Countersink Drill Bits

Flat Bottom Boring Bits

Specialty Drill Bits

Twist Drills
Coating
Black Oxide

Bronze Oxide

Titanium Nitride (TiN)
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Drill Bits Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Drill Bits Market?
3. What are the technology trends and regulatory frameworks in the Drill Bits Market?
4. What is the market share of the leading vendors in the Drill Bits Market?
5. Which modes and strategic moves are suitable for entering the Drill Bits Market?PDF E-mail From Publisher (2-5)Users License

Table of Contents

197 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drill Bits Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing adoption of drill bits in mining and oil & gas industry
5.1.1.2. Expanding construction and infrastructure activities
5.1.1.3. Rapid use in automotive and aerospace industries
5.1.2. Restraints
5.1.2.1. Fluctuating raw materials cost of drill bits
5.1.3. Opportunities
5.1.3.1. Emerging innovations in the drill bit technology
5.1.3.2. Introduction of novel and advanced drill bots by manufacturers
5.1.4. Challenges
5.1.4.1. Concern associated with drilling efficiency and integral structure
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Drill Bits Market, by Product
6.1. Introduction
6.2. Fixed Cutter
6.3. Roller Cone
7. Drill Bits Market, by Types
7.1. Introduction
7.2. Counterbore Drill Bits
7.3. Countersink Drill Bits
7.4. Flat Bottom Boring Bits
7.5. Specialty Drill Bits
7.6. Twist Drills
8. Drill Bits Market, by Coating
8.1. Introduction
8.2. Black Oxide
8.3. Bronze Oxide
8.4. Titanium Nitride (TiN)
9. Americas Drill Bits Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Drill Bits Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Drill Bits Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Atlas Copco AB
13.1.2. Baker Hughes Company
13.1.3. Bit Brokers International, Ltd.
13.1.4. Cangzhou Great Drill Bits Co., Ltd.
13.1.5. Halliburton Company
13.1.6. HARTNER GmbH
13.1.7. Hilti India Pvt. Ltd.
13.1.8. IZAR CUTTING TOOLS S.A.L.
13.1.9. Kingdream Public Limited Company
13.1.10. Makita Singapore Pte. Ltd.
13.1.11. MISUMI Corporation
13.1.12. NewTech Services Holding Limited
13.1.13. NOV Inc.
13.1.14. Patterson-UTI Energy, Inc.
13.1.15. Robert Bosch GmbH
13.1.16. Rockpecker Limited
13.1.17. RUKO GmbH
13.1.18. Sandvik AB
13.1.19. Schlumberger Limited
13.1.20. Scientific Drilling International
13.1.21. Stanley Black & Decker, Inc.
13.1.22. Torquato Drilling Accessories Inc.
13.1.23. Ulterra Drilling Technologies, L.P.
13.1.24. VAMAC, Inc.
13.1.25. Weatherford International PLC
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. DRILL BITS MARKET RESEARCH PROCESS
FIGURE 2. DRILL BITS MARKET SIZE, 2023 VS 2030
FIGURE 3. DRILL BITS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. DRILL BITS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. DRILL BITS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. DRILL BITS MARKET DYNAMICS
FIGURE 7. DRILL BITS MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. DRILL BITS MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. DRILL BITS MARKET SIZE, BY TYPES, 2023 VS 2030 (%)
FIGURE 10. DRILL BITS MARKET SIZE, BY TYPES, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. DRILL BITS MARKET SIZE, BY COATING, 2023 VS 2030 (%)
FIGURE 12. DRILL BITS MARKET SIZE, BY COATING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS DRILL BITS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS DRILL BITS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES DRILL BITS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES DRILL BITS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC DRILL BITS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC DRILL BITS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA DRILL BITS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA DRILL BITS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. DRILL BITS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. DRILL BITS MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
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