Global Drill Bits Supply, Demand and Key Producers, 2026-2032

The global Drill Bits market size is expected to reach $ 2922 million by 2032, rising at a market growth of 5.4% CAGR during the forecast period (2026-2032).

Drill bits are cutting tools used to remove material to create holes, almost always of circular cross-section. A commonly used twist drill is a tool for drilling a circular hole of a workpiece by its rotary cutting relative to a fixed axis. It is named because its chip groove is spiral and shaped like a twist.

The major producers in this industry include Stanley Black & Decker, Bosch and Techtronic, etc. The top three producers account for more than 36% of the total revenue. From the regional perspective, the European revenue accounts for 34.67% in 2019, which is the highest.

This report studies the global Drill Bits production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Drill Bits and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Drill Bits that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Drill Bits total production and demand, 2021-2032, (M Pcs)

Global Drill Bits total production value, 2021-2032, (USD Million)

Global Drill Bits production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Pcs), (based on production site)

Global Drill Bits consumption by region & country, CAGR, 2021-2032 & (M Pcs)

U.S. VS China: Drill Bits domestic production, consumption, key domestic manufacturers and share

Global Drill Bits production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Pcs)

Global Drill Bits production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Pcs)

Global Drill Bits production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Pcs)

This report profiles key players in the global Drill Bits market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Stanley Black & Decker, Bosch, Techtronic, Makita, Hilti, ITW, Top-Eastern Group, Metabo, Regal Cutting Tools, IZAR Cutting Tools, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Drill Bits market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Pcs) and average price (USD/K Pcs) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Drill Bits Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Drill Bits Market, Segmentation by Type:
High-Speed Steel (HSS)
Carbon Steel
Carbide
Cobalt Steel
Others

Global Drill Bits Market, Segmentation by Application:
Metal
Wood
Construction Materials
Others

Companies Profiled:
Stanley Black & Decker
Bosch
Techtronic
Makita
Hilti
ITW
Top-Eastern Group
Metabo
Regal Cutting Tools
IZAR Cutting Tools
Hartner
RUKO GmbH

Key Questions Answered:

1. How big is the global Drill Bits market?

2. What is the demand of the global Drill Bits market?

3. What is the year over year growth of the global Drill Bits market?

4. What is the production and production value of the global Drill Bits market?

5. Who are the key producers in the global Drill Bits market?

6. What are the growth factors driving the market demand? Show more