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Drilling Tools Market by Type (Drill Bits, Drilling Tubulars, Drilling Motors, Drill Reamers and Stabilizers, Drill Collars, Drill Jars, Drill Swivels, Mechanical Thrusters), Application (Onshore and Offshore), and Region - Global Forecast to 2022

  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
      • MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH LIMITATIONS
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table DRILLING TOOLS MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE DRILLING TOOLS MARKET
    • DRILLING TOOLS MARKET, BY APPLICATION
    • DRILLING TOOLS MARKET, BY TYPE
    • NORTH AMERICAN DRILLING TOOLS MARKET, BY APPLICATION & COUNTRY
    • DRILLING TOOLS MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
        • Table INVESTMENTS IN RENEWABLE ENERGY, BY SECTOR, 2015
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
      • OEM/SUPPLIERS
      • DRILLING SERVICE PROVIDERS
      • EXPLORATION AND PRODUCTION COMPANIES
  • DRILLING TOOLS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • ONSHORE
      • Table ONSHORE: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • OFFSHORE
      • Table OFFSHORE: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • DRILLING TOOLS MARKET, BY TYPE
    • INTRODUCTION
      • Table DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
    • DRILL BITS
      • Table DRILL BITS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • DRILL COLLARS
      • Table DRILL COLLARS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • DRILLING JARS
      • Table DRILLING JARS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • DRILLING MOTORS
      • Table DRILLING MOTORS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • DRILLING TUBULARS
      • Table DRILLING TUBULARS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • DRILL SWIVELS
      • Table DRILL SWIVELS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • DRILL REAMERS & STABILIZERS
      • Table DRILL REAMERS & STABILIZERS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • MECHANICAL THRUSTERS
      • Table MECHANICAL THRUSTERS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SHOCK TOOLS
      • Table SHOCK TOOLS: DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • DRILLING TOOLS MARKET, BY REGION
    • INTRODUCTION
      • Table DRILLING TOOLS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: DRILLING TOOLS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • US
        • Table US: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: DRILLING TOOLS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • CHINA
        • Table CHINA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • INDIA
        • Table INDIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table EUROPE: DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: DRILLING TOOLS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • UK
        • Table UK: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • NORWAY
        • Table NORWAY: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • POLAND
        • Table POLAND: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • DENMARK
        • Table DENMARK: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD THOUSAND)
      • ROMANIA
        • Table ROMANIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • KAZAKHSTAN
        • Table KAZAKHSTAN: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • UKRAINE
        • Table UKRAINE: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF RUSSIAN CASPIAN
        • Table REST OF RUSSIAN CASPIAN: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: DRILLING TOOLS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • COLOMBIA
        • Table COLOMBIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • MIDDLE EAST
      • Table MIDDLE EAST: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST: DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST: DRILLING TOOLS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • UAE
        • Table UAE: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • OMAN
        • Table OMAN: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • IRAN
        • Table IRAN: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF MIDDLE EAST
        • Table REST OF THE MIDDLE EAST: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • AFRICA
      • Table AFRICA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table AFRICA: DRILLING TOOLS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table AFRICA: DRILLING TOOLS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • ALGERIA
        • Table ALGERIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • ANGOLA
        • Table ANGOLA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • LIBYA
        • Table LIBYA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • NIGERIA
        • Table NIGERIA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF AFRICA
        • Table REST OF AFRICA: DRILLING TOOLS MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARES OF LEADING PLAYERS & MARKET STRUCTURE
      • MIDDLE EAST: MARKET SHARE ANALYSIS, BY VALUE, 2016
        • Table MIDDLE EAST: MARKET SHARE ANALYSIS, 2016
      • ASIA PACIFIC: MARKET SHARE ANALYSIS, BY VALUE, 2016
        • Table ASIA PACIFIC: MARKET SHARE ANALYSIS, 2016
      • EUROPE: MARKET SHARE ANALYSIS, BY VALUE, 2016
        • Table EUROPE: MARKET SHARE ANALYSIS, 2016
      • NORTH AMERICA: MARKET SHARE ANALYSIS, BY VALUE, 2016
        • Table NORTH AMERICA: MARKET SHARE ANALYSIS, 2016
      • SOUTH AMERICA: MARKET SHARE ANALYSIS, BY VALUE, 2016
        • Table SOUTH AMERICA: MARKET SHARE ANALYSIS, 2016
      • AFRICA: MARKET SHARE ANALYSIS, BY VALUE, 2016
        • Table AFRICA: MARKET SHARE ANALYSIS, 2016
    • COMPETITIVE SCENARIO
      • Table MARKET DEVELOPMENTS FROM 2014 TO 2017
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014-2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2014-2017
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2014-2017
      • CONTRACTS & AGREEMENTS/ JOINT VENTURES/PARTNERSHIPS & COLLABORATIONS
        • Table CONTRACTS & AGREEMENTS/ JOINT VENTURES/PARTNERSHIPS & COLLABORATIONS, 2014-2017
  • COMPANY PROFILES
    • BENCHMARKING
    • BAKER HUGHES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HALLIBURTON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NATIONAL OILWELL VARCO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHLUMBERGER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • WEATHERFORD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • COUGAR DRILLING SOLUTIONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DRILLING TOOLS INTERNATIONAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RUBICON OILFIELD INTERNATIONAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BICO DRILLING TOOLS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • DYNOMAX DRILLING TOOLS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • GYRODATA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • PACESETTER DIRECTIONAL DRILLING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SCIENTIFIC DRILLING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • TIANHE OIL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • WENZEL DOWNHOLE TOOLS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Drilling Tools Market by Type (Drill Bits, Drilling Tubulars, Drilling Motors, Drill Reamers and Stabilizers, Drill Collars, Drill Jars, Drill Swivels, Mechanical Thrusters), Application (Onshore and Offshore), and Region - Global Forecast to 2022

“The drilling tools market is projected to grow at a CAGR of 4.75%, from 2017 to 2022.”
The drilling tool market is projected to reach USD 8.61 billion by 2022, at a CAGR of 4.75%, from 2017 to 2022. Increasing drilling activities and the development of unconventional hydrocarbon resources along with growing energy demand in Asia Pacific are driving the drilling tools market. High maintenance costs and transition time along with an increasing focus on renewable energy sources act as restraints for the market.

“The drilling tubulars sub-segment of the drilling tools market, by type, is expected to grow at the highest CAGR from 2017 to 2022.”
The drilling tubulars market is expected to grow at the highest CAGR during the forecast period. The growth of the market can be attributed to the increasing drilled footage and development of deepwater oil & gas blocks in countries such as Brazil and Mexico.

“Asia Pacific: The second-largest drilling tools market.”
Asia Pacific is projected to dominate the global drilling tool market during the forecast period due to the increase in drilling activities in China. The country is the largest market in Asia Pacific and is focused on developing its shale gas resources to increase its oil & gas production. The other key markets in Asia Pacific are India, Australia, and Indonesia. Australia aims to be the largest LNG exporting country by 2020 by increasing its gas production.

Breakdown of Primaries
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 36%, Tier 2- 40%, Tier 3- 24%
By Designation: C-Level- 25%, Manager Level- 35%, Others- 40%
By Region: North America- 25%, Asia Pacific- 20%, South America- 10%, Europe- 15%, Middle East & Africa- 30%

Note: The tiers of the companies have been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 =
The leading players in the drilling tools market include Schlumberger (US), Baker Hughes (US), Halliburton (US), Weatherford (Switzerland), and National Oilwell Varco (US).

Research Coverage
The report provides a picture of the drilling tools market across the oil & gas industry and different regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, application, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of type, application, and region, with a focus on industry analysis (industry trends), market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise the basic views on the competitive landscape, emerging and high-growth segments of the drilling tools market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the drilling tools market

• Market Development: Comprehensive information about the lucrative emerging markets; the report analyzes the markets for drilling tools across regions

• Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global drilling tools market

Why Buy this Report?
• The report identifies and addresses key solution operators for drilling tools, which would help solution providers review the growth in the demand for services.
• The report helps solution providers understand the pulse of the market and provides insights into drivers, restraints, and challenges.
• The report will help key players understand the strategies of their competitors better, and will help in making strategic decisions.


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