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THE GLOBAL DRILLING TOOLS MARKET IS EXPECTED TO REACH USD 11.01 BILLION BY 2029 FROM USD 7.85 BILLION IN 2023, GROWING AT A CAGR OF 5.79% DURING THE FORECAST PERIOD.
The Drilling Tools Market Size, Share, & Trends Analysis Report By
- Tools Type: Drill Bits, Drill Collar, Drill Jar, Drilling Tubular, Drilling Motor, Drill Swivels, Drill Reamers & Stabilizers, and Others
- Drilling Techniques: Horizontal Directional Drilling, Conventional Drilling, and Others
- Application: Onshore and Offshore
- End User: Oil and Gas, Mining, and Others
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
DRILLING TOOLS MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2029) | USD 11.01 Billion |
| Market Size (2023) | USD 7.85 Billion |
| CAGR (2023-2029) | 5.79% |
| HISTORIC YEAR | 2020-2022 |
| BASE YEAR | 2023 |
| Forecast Year | 2024-2029 |
| Market Segments | Type, Application, and Geography |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| KEY PLAYERS | Continental, Infineon Technologies, Benchmark, Baker Hughes, Halliburton, and National Oilwell Varco |
MARKET OVERVIEW
The global drilling tools market size was valued at USD 7.85 billion in 2023 and is expected to reach USD 11.01 billion by 2029, growing at a CAGR of 5.79% during the forecast period. The market is anticipated to be driven by increased oil production activities. The exploration and growing concern about advancements and energy security in drilling technologies enable efficiency and condensed drilling time. Further element boosting the drilling tools markets is increased shale gas and oil exploration activities. Drilling tools are essential in extracting natural resources such as oil, gas, and minerals from the earth's subsurface. These tools are designed to penetrate various rock formations efficiently and are crucial for the success of drilling operations. Common drilling tools include drill bits, drill collars, drilling motors, drill swivels, and drilling tubulars. Together, these tools form a vital part of the drilling process, ensuring precision and effectiveness in extracting valuable resources beneath the earth's surface.
Rapid urbanization, modern infrastructure developments, and rising initiatives taken by the leading authorities in developing countries to construct railways, roads, buildings, highways, and other network systems strengthen the demand for the mining of raw materials to ensure the continuous construction process.
- China, India, Indonesia, United States of America, and Australia were the top five Coal producing countries (by volume) in 2022
- China was the leading Coal producing country (by volume) in 2022, with a Coal production of 3,942.2 million tonnes, up 2.5% YoY.
- India ranked second (by volume in 2022) with a Coal production of 766.9 million tonnes (up 1.0% YoY), with the other three countries (Indonesia, the United States of America, and Australia) cumulatively producing 1,638.0 million tonnes of Coal in 2022.
MARKET TRENDS & DRIVERS
Increased Demand for High-Quality Base Oil
There is an increased demand for high-quality base oil to preserve the depletion of crude oil reserves and government regulations to limit the level of CO2 in the environment. These stringent measures drive the heightened demand for high-quality base oil, pushing industries to increase their capacity for base stock. In addition, regulatory mandates regarding the use of base oil also fuel the capacity of base oil. The industries in the U.S., Western Europe (such as Germany and France), and Brazil have Group II base stock capacity, and more are added to meet the increased demand for Group II base oil. Conversely, the industry in India, Russia, and Mexico has low re-refining capacity. This is primarily due to the low demand for base stocks due to an abundant supply of virgin ones. Therefore, the rising demand for high-quality base oil is expected to push the need for more drilling activities further, thereby increasing and boosting the growth of the drilling tools market.
Technological Advancement in Drilling Tools
Early advancements in drilling technology obtaining innovative approaches for better drilling efficiency were based on three basic factors: minimum, safety, and usable hole. These technologies include multilateral drilling, horizontal drilling, extended reach drilling, casing drilling technology, complex path drilling, positive displacement laser technology, and motor technology, a newer technology.
The evolution in drilling technologies advanced over the last five to ten years for offshore and onshore development has been attentive to several distinct areas of drilling operations, including the optimization & monitoring of surface equipment, downhole tools, and drilling methodologies. Proven technologies seek to decrease operational costs and well construction while providing maximum operational efficiency and environmental safety. These innovations have improved drilling efficiency, safety, and environmental performance and continue to offer advancements in the oil and gas industry.
INDUSTRY RESTRAINS
Turbulent Global Political and Trade Relations
The invasion of Ukraine by Russia has had far-reaching humanitarian and economic effects. The energy sector is especially susceptible. Russian oil production and exports remain despite the restrictions, but additional losses are expected. Following Russia's invasion of Ukraine in 2022, there has been a significant shift in the global energy environment. Rising costs have severely impacted consumers in many parts of the world, particularly due to the geopolitical situation surrounding energy security. The world's reliance on fossil fuels, along with the associated resource instability and cost, has come into clear view. In 2023, 70.72% of the fluctuation in West Texas Intermediate (WTI) crude oil prices and 73.62% in Brent crude oil prices could be attributed to the conflict between Russia and Ukraine. The crisis in Ukraine has disrupted the economy, increasing calls for an accelerated energy transformation. The conflict has resulted in high inflation and supply chain issues, increasing the financial crisis results. Since the transportation sector relies heavily on liquid fossil fuels, firms in the drilling tools market have been hampered by these issues, which are expected to slow down the market for drilling tools.
SEGMENTATION INSIGHTS
INSIGHTS BY TOOLS TYPE
The global drilling tools market by tools type is segmented as drill bits, drill collars, drill jars, drilling tubulars, drilling motors, drill swivels, drill reamers & stabilizers, and others. The drill bits segment dominated the global market and is projected to witness the fastest segmental compound annual growth rate during the forecast period. Drill bits are used to construct cylindrical holes and breaks or cut rocks to extract hydrocarbon resources by applying hydraulic pressure and high-frequency vibration. They are available in several sizes and shapes and can create various types of holes in different materials. The market is anticipated to witness lucrative growth due to the growing prominence of exploratory drilling activities to identify proven reserves. Furthermore, with the expansion of hydrocarbon production and green power and natural gas exploration activities, there has been an expansion in the number of new oil wells, and energy demand is on the rise, which, in turn, is augmenting drill collars across the globe. Besides this, the rising exploration of unconventional resources, like oil and gas production, strengthening its hydrocarbon reserves, scaling up natural gas exploration activities, and investments in the onshore gas and oil industry contribute to the drill collar market growth.
INSIGHTS BY DRILLING TECHNIQUES
The horizontal directional drilling techniques segment holds the most prominent share of the global drilling tools market. Horizontal directional drilling techniques provide effective drilling processes, trenchless utility installation, and the extraction of minerals from deep mines; horizontal drilling equipment is essential to the mining, oil and gas, and construction sectors. Also, horizontal directional drilling can minimize surface disturbance and environmental impact by allowing multiple wells to be drilled from a single well pad. Furthermore, conventional drilling, also known as vertical drilling or rotary drilling, is the traditional method of drilling boreholes straight down into the earth's subsurface. Conventional core drilling systems are frequently utilized for shallow site investigation and up-hole definition drilling in shallow to medium-deep underground applications.
INSIGHTS BY APPLICATION
The global drilling tools market by application is segmented into onshore and offshore. The onshore segment held the most prominent global market share in 2023. Onshore drilling is a pivotal sector within the oil and gas industry, recognized for facilitating efficient drilling operations and wellbore stability. The onshore drilling has witnessed sustained growth due to increasing onshore drilling activities driven by the global demand for energy resources. It is characterized by the continuous innovation in drilling fluid formulations and their vital importance in optimizing well performance and ensuring environmental compliance. Furthermore, numerous onshore and offshore drilling tools and equipment have recently been used in drilling works and activities, including the gas and oil sectors. The growth has influenced the development of drilling fluids with various chemistries in the onshore and offshore oil drilling economy.
INSIGHTS BY END USER
The oil and gas end-users dominate the global global drilling tools market share and is growing at a CAGR of 6.53% during the forecast period. In the projected years, there will likely be a considerable increase in worldwide production and natural gas consumption. For several years, natural gas has witnessed significant growth in its global consumption and production as countries are shifting from coal to natural gas as a primary source of green energy. This strategy is expected to continue owing to the carbon emission targets set by different countries. Hence, with increasing natural gas demand, oil and gas production demand is expected to grow. Further, mining operations gradually evolve and expand globally, and the demand for reliable, efficient, and technologically advanced drilling tools is expected to propel the market value.
GEOGRAPHICAL ANALYSIS
North America held the largest global drilling tools market share, valued at over USD 2 billion in 2023. The region is led by the U.S. and Canada, where the penetration of drilling tools products is high, and the market revenue has been increasing steadily. Stringent regulations concerning the emission standard, better fuel economy, and concerns over sustainability drive the demand for drilling tools in the region. Thus, the market benefits from the continuous growth of the construction, manufacturing, and industrial sectors. The surge in demand for non-residential construction and consumer spending for furnishing homes has increased the demand for construction equipment. Construction spending is expected to drive market growth significantly over the forecast period.
APAC is projected to witness the fastest CAGR in the global drilling tools market during the forecast period. The APAC market is driven by increasing demand for gas and oil from emerging economies. The region is also a significant market for innovations in drilling technologies, creating significant market opportunities for investors and drilling tool manufacturers. The region is highly diverse, with countries exhibiting varying technological advances and consumer preferences. China, in particular, is a significant market for these products and services, with its large population and growing middle class. Furthermore, the European drilling tools market is similar to North America in terms of maturity and high-tech innovation. The region has a highly competitive market, with many established players comparing for market share. The market is also highly regulated, with rigorous product safety and quality standards.
VENDOR LANDSCAPE
Global players in the drilling tools market, such as Continental, Infineon Technologies, Benchmark, and Baker Hughes, are trying to expand their markets through profitable partnerships and merger strategies. In contrast, the domestic vendors are capitalizing on the product portfolio that best suits the domestic needs and wants. However, being a technology-oriented product, the scope of differentiation lies with sophistication and deployment of advanced features such as energy efficiency, COP, eco-friendly refrigerant, installation costs, geographical climate, services analysis, and much more, through which the product can stay away from the competitive environment. Furthermore, with the recent advances in engineering and technological features, the changing dynamics of the drilling tools industry are demanding highly effective drilling tools & equipment for universal applications. The presence of expanded global and regional vendors characterizes the market. As international players would raise their footprint in the market, regional vendors will likely find it more difficult to compete with global players.
Frequently Asked Questions
How big is the drilling tools market?
What is the growth rate of the global drilling tools market?
Which region dominates the global drilling tools market share?
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The global drilling tools market size is expected to grow at a CAGR of approximately 5.79% from 2023 to 2029.
The following factors are likely to contribute to the growth of the drilling tools market during the forecast period:
- Increased Demand for High-Quality Base Oil
- Rising Need for Drilling and Boring
- Government Subsidies Propel the Agriculture Industry
Base Year: 2023
Forecast Year: 2024-2029
The report considers the present scenario of the global drilling tools market and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
Key Company Profiles
- Continental
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Infineon Technologies
- Benchmark
- Baker Hughes
- Halliburton
- National Oilwell Varco
Other Prominent Vendors
- Amphenol
- Business Overview
- Product Offerings
- Analog Devices
- Schlumberger
- SMITH INTERNATIONAL
- Weatherford
- Cougar Drilling Solutions
- DOSCO
- Drilling Tools International
- Drilformance
- Rubicon Oilfield International
- BICO Drilling Tools
- Dynomax Drilling Tools Inc
- Gyrodata
- Pacesetter Directional Drilling
- Precision Drilling Corp
- Scientific Drilling International
- Tianhe Oil Group Co. Ltd.
- Wenzel Downhole Tools Ltd
- Sandvik AB
- Atlas Copco
Segmentation by Type
- Drill Bits
- Drill Collar
- Drill Jar
- Drilling Tubular
- Drilling Motor
- Drill Swivels
- Drill Reamers & Stabilizers
- Others
Segmentation by Drilling Techniques
- Horizontal Directional Drilling
- Conventional Drilling
- Others
Segmentation by Application
- Onshore
- Offshore
Segmentation by End User
- Oil and Gas
- Mining
- Others
Segmentation by Geography
- North America US
- Canada
- Europe Germany
- France
- Italy
- UK
- Russia
- Poland
- Spain
- Norway
- APAC China
- Japan
- South Korea
- Australia
- India
- Singapore
- Middle East & Africa Saudi Arabia
- UAE
- South Africa
- Latin America Brazil
- Mexico
- Chile
EXHIBIT 1 MARKET SIZE CALCULATION APPROACH (2023)
EXHIBIT 2 TOP FIVE COAL-PRODUCING ECONOMICS 2022 (MN TONNES)
EXHIBIT 3 KEY MARKET DYNAMICS OF OIL AND GAS SECTOR
EXHIBIT 4 TOP COUNTRIES AGRICULTURE PRODUCTION DATA (2022)
EXHIBIT 5 IMPACT OF TECHNOLOGICAL ADVANCES ON DRILLING TOOLS
EXHIBIT 6 INNOVATIONS IN DRILLING TECHNOLOGY
EXHIBIT 7 IMPACT OF INCREASED CONSTRUCTION IN HOSPITALITY INDUSTRY
EXHIBIT 8 GLOBAL TRAVEL & TOURISM INDUSTRY DATA (2022)
EXHIBIT 9 MEA NEW HOTEL CONSTRUCTION PIPELINE PROJECTS (2024)
EXHIBIT 10 IMPACT OF SURGING INVESTMENTS IN AGRICULTURE SECTOR
EXHIBIT 11 TOP COUNTRIES TOTAL AGRICULTURE ODA FUNDING IN 2022($ BN)
EXHIBIT 12 IMPACT OF INCREASED DEMAND FOR HIGH-QUALITY BASE OIL
EXHIBIT 13 RISING DEMAND FOR HIGH-QUALITY BASE OIL DRIVES NEED FOR DRILLING TOOLS
EXHIBIT 14 IMPACT OF RISING NEED FOR DRILLING AND BORING
EXHIBIT 15 GROWING REQUIREMENT FOR DRILLING AND BORING ACTIVITIES CONTRIBUTES TO HEIGHTENED DEMAND FOR DRILLING TOOLS
EXHIBIT 16 IMPACT OF GOVERNMENT SUBSIDIES PROPEL AGRICULTURE INDUSTRY
EXHIBIT 17 ADVANTAGES OF DRILLING TECHNOLOGY OVER TRADITIONAL METHODS
EXHIBIT 18 KEY HIGHLIGHTS OF AGRICULTURAL SUBSIDIES
EXHIBIT 19 IMPACT OF TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS
EXHIBIT 20 IMPACT OF FLUCTUATING RAW MATERIAL PRICES
EXHIBIT 21 IMPACT OF VOLATILITY ON CRUDE OIL PRICES
EXHIBIT 22 BRENT CRUDE OIL PRICE ($ PER BARREL)
EXHIBIT 23 IMPACT OF INCREASE IN OPERATIONAL COST
EXHIBIT 24 OPERATIONAL COST SNAPSHOT
EXHIBIT 25 KEY HIGHLIGHTS OF DRILLER TOOLS
EXHIBIT 26 GLOBAL DRILLING TOOLS MARKET 2023–2029 ($ BILLION)
EXHIBIT 27 FIVE FORCES ANALYSIS (2023)
EXHIBIT 28 INCREMENTAL GROWTH BY TYPE (2023 & 2029)
EXHIBIT 29 CHINA UPPING HYDROCARBON PRODUCTION, NATURAL GAS EXPLORATION, AND GREEN POWER ANTE (2024)
EXHIBIT 30 KEY MARKET INSIGHTS OF DRILL TOOLS
EXHIBIT 31 GLOBAL DRILL BITS MARKET 2023–2029 ($ BILLION)
EXHIBIT 32 DRIVING FACTORS FOR GROWTH OF DRILL COLLAR MARKET
EXHIBIT 33 GLOBAL DRILL COLLAR MARKET 2023–2029 ($ BILLION)
EXHIBIT 34 DRILL JAR KEY MARKET INSIGHTS
EXHIBIT 35 GLOBAL DRILL JAR MARKET 2023–2029 ($ BILLION)
EXHIBIT 36 DRILLING TUBULAR KEY MARKET INSIGHTS
EXHIBIT 37 GLOBAL DRILL TUBULAR MARKET 2023–2029 ($ BILLION)
EXHIBIT 38 DRILLING MOTORS KEY MARKET INSIGHTS
EXHIBIT 39 GLOBAL DRILLING MOTOR MARKET 2023–2029 ($ BILLION)
EXHIBIT 40 DRILL SWIVEL KEY MARKET INSIGHTS
EXHIBIT 41 GLOBAL DRILL SWIVELS MARKET 2023–2029 ($ BILLION)
EXHIBIT 42 DRILL STABILIZERS AND REAMERS KEY MARKET INSIGHTS
EXHIBIT 43 GLOBAL DRILL STABILIZERS AND REAMERS MARKET 2023–2029 ($ BILLION)
EXHIBIT 44 FEATURES OF MECHANICAL THRUSTER
EXHIBIT 45 OTHER DRILLING TOOLS KEY MARKET INSIGHTS
EXHIBIT 46 GLOBAL OTHERS DRILLING TOOLS MARKET 2023–2029 ($ BILLION)
EXHIBIT 47 INCREMENTAL GROWTH BY DRILLING TECHNIQUES (2023 & 2029)
EXHIBIT 48 GLOBAL HORIZONTAL DIRECTIONAL DRILLING MARKET 2023–2029 ($ BILLION)
EXHIBIT 49 BENEFITS AND CHALLENGES OF HORIZONTAL DIRECTIONAL DRILLING TECHNIQUES
EXHIBIT 50 KEY ADVANTAGES OF CONVENTIONAL DRILLING TECHNIQUE
EXHIBIT 51 GLOBAL CONVENTIONAL DRILLING MARKET 2023–2029 ($ BILLION)
EXHIBIT 52 BENEFITS AND CHALLENGES OF CONVENTIONAL DRILLING TECHNIQUES
EXHIBIT 53 COILED TUBING DRILLING (CTD) ADVANTAGES AND DISADVANTAGES
EXHIBIT 54 MANAGED PRESSURE DRILLING (MPD) ADVANTAGES AND DISADVANTAGES
EXHIBIT 55 HYDRAULIC FRACTURING ADVANTAGES AND DISADVANTAGES
EXHIBIT 56 GLOBAL OTHER DRILLING TECHNIQUE MARKET 2023–2029 ($ BILLION)
EXHIBIT 57 INCREMENTAL GROWTH BY APPLICATION (2023 & 2029)
EXHIBIT 58 TOTAL NUMBER OF DRILLING PROJECTS GLOBALLY (2023)
EXHIBIT 59 GLOBAL TOP FIVE UPCOMING OIL REFINERIES (2023 -2029)
EXHIBIT 60 GLOBAL LIQUIDS & GAS PRODUCTION OUTLOOK BY REGION (MMBOE)
EXHIBIT 61 KEY GROWTH FACTORS
EXHIBIT 62 GLOBAL ONSHORE DRILLING MARKET 2023–2029 ($ BILLION)
EXHIBIT 63 TOTAL NUMBER OF OFFSHORE DRILLING PROJECTS GLOBALLY (2023)
EXHIBIT 64 GLOBAL KEY GROWTH FACTORS FOR DRILLING TOOLS FROM OFFSHORE
EXHIBIT 65 GLOBAL OFFSHORE DRILLING MARKET 2023–2029 ($ BILLION)
EXHIBIT 66 INCREMENTAL GROWTH BY END USER (2023 & 2029)
EXHIBIT 67 DRILLING TOOLS DEMAND FROM OIL AND GAS INDUSTRY
EXHIBIT 68 KEY FACTORS CONTRIBUTING TO MARKET DEMAND.
EXHIBIT 69 KEY HIGHLIGHTS FOR DRILLING TOOLS USED IN OTHER SECTORS
EXHIBIT 70 SIGNIFICANCE OF EFFICIENT DRILLING AND ITS IMPACT ON THE INDUSTRY
EXHIBIT 71 GLOBAL DRILLING TOOLS MARKET BY OIL AND GAS 2023–2029 ($ BILLION)
EXHIBIT 72 TOP FIVE COAL-PRODUCING ECONOMICS 2023 (MILLION TONS)
EXHIBIT 73 DEMAND FOR DRILLING TOOLS FROM THE MINING SECTOR
EXHIBIT 74 GLOBAL DRILLING TOOLS MARKET BY MINING 2023–2029 ($ BILLION)
EXHIBIT 75 NUMBER & STAGES OF NUCLEAR REACTORS CONSTRUCTION PROJECTS (2022)
EXHIBIT 76 GLOBAL GROWTH IN COWORKING SPACES 2018-2024 (THOUSAND UNITS)
EXHIBIT 77 GLOBAL HOTEL CONSTRUCTION INSIGHTS 2022
EXHIBIT 78 GLOBAL DRILLING TOOLS MARKET BY OTHERS 2023–2029 ($ BILLION)
EXHIBIT 79 INCREMENTAL GROWTH BY GEOGRAPHY (2023 & 2029)
EXHIBIT 80 GLOBAL DRILLING TOOLS MARKET BY GEOGRAPHY
EXHIBIT 81 TOP AGRICULTURAL PRODUCING COUNTRIES GLOBALLY (2022)
EXHIBIT 82 FIVE LARGEST LEISURE & HOSPITALITY BUILDING CONSTRUCTION PROJECTS IN NORTH AMERICA (2022)
EXHIBIT 83 US DRILL RIG OPERATION COUNT
EXHIBIT 84 CANADA DRILL RIG OPERATION COUNT
EXHIBIT 85 DRILLING TOOL MARKET IN NORTH AMERICA 2023–2029 ($ BILLION)
EXHIBIT 86 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029 ($ BILLION)
EXHIBIT 87 US FORECAST GROWTH OF NON-RESIDENTIAL CONSTRUCTION BY TYPE 20223& 2023 (% SHARE)
EXHIBIT 88 US DRILLING TOOLS MARKET 2023–2029 ($ BILLION)
EXHIBIT 89 DYNAMIC OF CANADIAN OIL DRILLING MARKET
EXHIBIT 90 INVESTMENT IN NON-RESIDENTIAL BUILDING CONSTRUCTION IN CANADA JUNE 2023 ($ MILLION)
EXHIBIT 91 DRILLING TOOLS MARKET IN CANADA 2023–2029 ($ BILLION)
EXHIBIT 92 EUROPE DRILL RIG OPERATION COUNT
EXHIBIT 93 DRILLING TOOL MARKET IN EUROPE 2023–2029 ($ BILLION)
EXHIBIT 94 INCREMENTAL GROWTH IN EUROPE 2023 & 2029 ($ BILLION)
EXHIBIT 95 DRILLING TOOLS MARKET IN GERMANY 2023–2029 ($ BILLION)
EXHIBIT 96 GERMANY RESTRAIN ECONOMIC ACTIVITY
EXHIBIT 97 DRILLING TOOLS MARKET IN FRANCE 2023–2029 ($ BILLION)
EXHIBIT 98 DRILLING TOOLS MARKET IN ITALY 2023–2029 ($ BILLION)
EXHIBIT 99 INVESTMENTS IN CONSTRUCTION INDUSTRY: ITALY ($ MILLION)
EXHIBIT 100 FIVE MAJOR OFFSHORE OIL AND GAS DEVELOPMENT AND REDEVELOPMENT PROJECTS (2022)
EXHIBIT 101 UK DRILLING TOOLS MARKET 2023–2029 ($ BILLION)
EXHIBIT 102 NEW LPG/ETHANE PETROCHEMICAL FEEDSTOCK REQUIREMENTS (THOUSAND BARRELS PER DAY)
EXHIBIT 103 RUSSIAN OILFIELD INDUSTRY (2022 – 2024)
EXHIBIT 104 FIVE LARGEST HIGH-RISE APARTMENT PROJECTS IN RUSSIA 2022-2024 ($ MILLION)
EXHIBIT 105 . DRILLING TOOLS MARKET IN RUSSIA 2023–2029 ($ BILLION)
EXHIBIT 106 DRILLING TOOLS MARKET IN POLAND 2023–2029 ($ BILLION)
EXHIBIT 107 DRILLING TOOLS MARKET IN SPAIN 2023–2029 ($ BILLION)
EXHIBIT 108 NORWEGIAN OFFSHORE DIRECTORATE’S OIL AND GAS FIELD PRODUCTION DATA, MILLION SM³
EXHIBIT 109 NORWAY OIL & GAS MARKET TRENDS
EXHIBIT 110 DRILLING TOOLS MARKET IN NORWAY 2023–2029 ($ BILLION)
EXHIBIT 111 APAC DRILL RIG OPERATION COUNT
EXHIBIT 112 APAC INCREASE OIL AND GAS PRODUCTION, EXPLORATION, ASSET DEVELOPMENT (2024)
EXHIBIT 113 DRILLING TOOL MARKET IN APAC 2023–2029 ($ BILLION)
EXHIBIT 114 INCREMENTAL GROWTH IN APAC 2023 & 2029 ($ BILLION)
EXHIBIT 115 DRILLING TOOLS MARKET IN CHINA 2023–2029 ($ BILLION)
EXHIBIT 116 RESIDENTIAL & NON-RESIDENTIAL CONSTRUCTION OUTPUT OF JAPAN (2020–2022) (% CHANGE YOY)
EXHIBIT 117 DRILLING TOOLS MARKET IN JAPAN 2023–2029 ($ BILLION)
EXHIBIT 118 SOUTH KOREA OIL & GAS MARKET TRENDS (2021 -2024)
EXHIBIT 119 SOUTH KOREA'S BUILDING PERMITS JAN-SEP 2023
EXHIBIT 120 DRILLING TOOLS MARKET IN SOUTH KOREA 2023–2029 ($ BILLION)
EXHIBIT 121 OIL AND GAS INDUSTRY IN AUSTRALIA (2024)
EXHIBIT 122 DRILLING TOOLS MARKET IN AUSTRALIA 2023–2029 ($ BILLION)
EXHIBIT 123 CONSTRUCTION INDUSTRY IN INDIA
EXHIBIT 124 LARGEST CONSTRUCTION PROJECTS INITIATED IN INDIA (2022–2026)
EXHIBIT 125 DRILLING TOOLS MARKET IN INDIA 2023–2029 ($ BILLION)
EXHIBIT 126 DRILLING TOOLS MARKET IN SINGAPORE 2023–2029 ($ BILLION)
EXHIBIT 127 MIDDLE EAST REGION DRILL RIG OPERATION COUNT
EXHIBIT 128 DRILLING TOOL MARKET IN MEA 2023–2029 ($ BILLION)
EXHIBIT 129 INCREMENTAL GROWTH IN MEA 2023 & 2029 ($ BILLION)
EXHIBIT 130 DRILLING TOOLS MARKET IN SAUDI ARABIA 2023–2029 ($ BILLION)
EXHIBIT 131 UAE DRILLING TOOLS MARKET 2023–2029 ($ BILLION)
EXHIBIT 132 SOUTH AFRICA REGION DRILL RIG OPERATION COUNT
EXHIBIT 133 DRILLING TOOLS MARKET IN SOUTH AFRICA 2023–2029 ($ BILLION)
EXHIBIT 134 LATIN AMERICA DRILL RIG OPERATION COUNT
EXHIBIT 135 VALUE OF CONSTRUCTION INDUSTRY IN LATIN AMERICA 2022 ($ BILLION)
EXHIBIT 136 DRILLING TOOL MARKET IN LATIN AMERICA 2023–2029 ($ BILLION)
EXHIBIT 137 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029 ($ BILLION)
EXHIBIT 138 DRILLING TOOLS MARKET IN BRAZIL 2023–2029 ($ BILLION)
EXHIBIT 139 CRUDE OIL & NATURAL GAS PRODUCTION IN MEXICO NOVEMBER 2019–2022
EXHIBIT 140 DRILLING TOOLS MARKET IN MEXICO 2023–2029 ($ BILLION)
EXHIBIT 141 DRILLING TOOLS MARKET IN CHILE 2023–2029 ($ BILLION)
EXHIBIT 142 KEY CAVEATS
LIST OF TABLES
TABLE 1 TOP 20 OIL PRODUCERS (2021–2022) (MILLION BARRELS PER DAY)
TABLE 2 FOOD AND AGRICULTURE ORGANIZATION OF UNITED NATIONS - EXPORT REVENUE (2022)
TABLE 3 NORTH AMERICA’S LARGEST WATER & SEWAGE CONSTRUCTION PROJECTS 2021 - 2024
TABLE 4 DRILL BITS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 5 DRILL COLLAR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 6 DRILL JAR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 7 DRILL TUBULAR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 8 DRILLING MOTOR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 9 DRILL SWIVELS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 10 DRILL STABILIZERS AND REAMERS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 11 OTHERS DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 12 HORIZONTAL DIRECTIONAL DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 13 CONVENTIONAL DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 14 OTHER DRILLING TECHNIQUE MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 15 ONSHORE DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 16 OFFSHORE DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 17 GAS CHEMICAL COMPLEX CONSTRUCTION PROJECTS 202- 2025 ($BILLION)
TABLE 18 DRILLING TOOLS MARKET BY OIL AND GAS BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 19 CONSTRUCTION PROJECTS IN MINING INDUSTRY 2022 – 2025 ($ MILLION)
TABLE 20 DRILLING TOOLS MARKET BY MINING BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 21 NORTH AMERICA FIVE LARGEST HOSPITAL CONSTRUCTION PROJECTS 2022-2030 ($ MILLION)
TABLE 22 CONSTRUCTION PROJECTS IN OTHER INDUSTRY 2022 - 2026 ($ MILLION)
TABLE 23 ASIA PACIFIC FIVE LARGEST AIRPORT INFRASTRUCTURE CONSTRUCTION IN 2021-2025 ($ MILLION)
TABLE 24 DRILLING TOOLS MARKET BY OTHERS BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 25 NORTH AMERICA UPSTREAM MERGERS & ACQUISITIONS DEALS
TABLE 26 DRILLING TOOL MARKET IN NORTH AMERICA BY TYPE 2023−2029 ($ BILLION)
TABLE 27 DRILLING TOOL MARKET IN NORTH AMERICA BY APPLICATION2023−2029 ($ BILLION)
TABLE 28 DRILLING TOOL MARKET IN NORTH AMERICA BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 29 DRILLING TOOL MARKET IN NORTH AMERICA BY END USERS 2023−2029 ($ BILLION)
TABLE 30 PRIVATE & GOVERNMENT OFFICE BUILDING CONSTRUCTION PROJECTS (2021–2024)
TABLE 31 FIVE LARGEST MANUFACTURING PLANT CONSTRUCTION PROJECTS IN EUROPE(2022)
TABLE 32 DRILLING TOOL MARKET IN EUROPE BY TYPE 2023−2029 ($ BILLION)
TABLE 33 DRILLING TOOL MARKET IN EUROPE BY APPLICATION 2023−2029 ($ BILLION)
TABLE 34 DRILLING TOOL MARKET IN EUROPE BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 35 DRILLING TOOL MARKET IN EUROPE BY END USERS 2023−2029 ($ BILLION)
TABLE 36 POWERHOUSE CONSTRUCTION PROJECTS IN GERMANY (2022)
TABLE 37 FIVE BUILDING CONSTRUCTION PROJECTS (2022)
TABLE 38 COMPLETED & NEW CONSTRUCTION STATISTICS FOR POLAND (2022–2024)
TABLE 39 FIVE RESIDENTIAL AND COMMERCIAL CONSTRUCTION PROJECTS (2022)
TABLE 40 MULTI-FAMILY HOUSING CONSTRUCTION PROJECTS 2022–2024 ($ MILLION)
TABLE 41 DRILLING TOOL MARKET IN APAC BY TYPE 2023−2029 ($ BILLION)
TABLE 42 DRILLING TOOL MARKET IN APAC BY APPLICATION2023−2029 ($ BILLION)
TABLE 43 DRILLING TOOL MARKET IN APAC BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 44 DRILLING TOOL MARKET IN APAC BY END USERS 2023−2029 ($ BILLION)
TABLE 45 TOP FIVE LARGEST CONSTRUCTION PROJECTS INITIATED 2022–2024 ($ MILLION)
TABLE 46 INDUSTRIAL CONSTRUCTION PROJECTS IN JAPAN (2022)
TABLE 47 BUILDING APPROVALS AUSTRALIA 2022 (UNITS)
TABLE 48 INDUSTRIAL CONSTRUCTION PROJECTS IN AUSTRALIA (2020–2023)
TABLE 49 GLOBAL DRILLING TOOL MARKET IN MEA BY TYPE 2023−2029 ($ BILLION)
TABLE 50 GLOBAL DRILLING TOOL MARKET IN MEA BY APPLICATION2023−2029 ($ BILLION)
TABLE 51 DRILLING TOOL MARKET IN MEA BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 52 DRILLING TOOL MARKET IN MEA BY END USERS 2023−2029 ($ BILLION)
TABLE 53 UPCOMING OIL AND REFINERY EXPANSION PROJECTS IN UAE (2022–2027)
TABLE 54 LIQUEFIED NATURAL GAS AND REFINERY OIL EXPANSION PROJECTS IN SOUTH AFRICA (2024-2028)
TABLE 55 DRILLING TOOL MARKET IN LATIN AMERICA BY TYPES 2023−2029 ($ BILLION)
TABLE 56 DRILLING TOOL MARKET IN LATIN AMERICA BY APPLICATION 2023−2029 ($ BILLION)
TABLE 57 DRILLING TOOL MARKET IN LATIN AMERICA BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 58 DRILLING TOOL MARKET IN LATIN AMERICA BY END USERS 2023−2029 ($ BILLION)
TABLE 59 LARGEST CONSTRUCTION PROJECTS OF OIL AND GAS PLANTS IN BRAZIL
TABLE 60 FIVE LARGEST CONSTRUCTION PROJECTS INITIATED IN CHILE (2024-2027)
TABLE 61 REGIONAL EMPLOYEES AND LOCATIONS
TABLE 62 CONTINENTAL: MAJOR PRODUCT OFFERINGS
TABLE 63 CORE COMPETENCIES IN THE SEGMENTS
TABLE 64 INFINEON TECHNOLOGIES: MAJOR PRODUCT OFFERINGS
TABLE 65 BENCHMARK: MAJOR PRODUCT OFFERINGS
TABLE 66 BAKER HUGHES: MAJOR PRODUCT OFFERINGS
TABLE 67 HALLIBURTON: MAJOR PRODUCT OFFERINGS
TABLE 68 NATIONAL OILWELL VARCO: MAJOR PRODUCT OFFERINGS
TABLE 69 AMPHENOL: MAJOR PRODUCT OFFERINGS
TABLE 70 ANALOG DEVICES: MAJOR PRODUCT OFFERINGS
TABLE 71 SCHLUMBERGER: MAJOR PRODUCT OFFERINGS
TABLE 72 SMITH INTERNATIONAL: MAJOR PRODUCT OFFERINGS
TABLE 73 WEATHERFORD: MAJOR PRODUCT OFFERINGS
TABLE 74 COUGAR DRILLING SOLUTIONS: MAJOR PRODUCT OFFERINGS
TABLE 75 DOSCO: MAJOR PRODUCT OFFERINGS
TABLE 76 DRILLING TOOLS INTERNATIONAL: MAJOR PRODUCT OFFERINGS
TABLE 77 DRILFORMANCE: MAJOR PRODUCT OFFERINGS
TABLE 78 RUBICON OILFIELD INTERNATIONAL: MAJOR PRODUCT OFFERINGS
TABLE 79 BICO DRILLING TOOLS: MAJOR PRODUCT OFFERINGS
TABLE 80 DYNOMAX DRILLING TOOLS INC: MAJOR PRODUCT OFFERINGS
TABLE 81 GYRODATA: MAJOR PRODUCT OFFERINGS
TABLE 82 PACESETTER DIRECTIONAL DRILLING: MAJOR PRODUCT OFFERINGS
TABLE 83 PRECISION DRILLING CORP: MAJOR PRODUCT OFFERINGS
TABLE 84 SCIENTIFIC DRILLING INTERNATIONAL: MAJOR PRODUCT OFFERINGS
TABLE 85 TIANHE OIL GROUP CO LTD: MAJOR PRODUCT OFFERINGS
TABLE 86 WENZEL DOWNHOLE TOOLS LTD: MAJOR PRODUCT OFFERINGS
TABLE 87 SANDVIK AB: MAJOR PRODUCT OFFERINGS
TABLE 88 ATLAS COPCO: MAJOR PRODUCT OFFERINGS
TABLE 89 GLOBAL DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 90 GLOBAL DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)
TABLE 91 GLOBAL DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)
TABLE 92 GLOBAL DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 93 GLOBAL DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)
TABLE 94 APAC DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 95 APAC DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)
TABLE 96 APAC DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)
TABLE 97 APAC DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 98 APAC DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)
TABLE 99 NORTH AMERICA DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 100 NORTH AMERICA DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)
TABLE 101 NORTH AMERICA DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)
TABLE 102 NORTH AMERICA DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 103 NORTH AMERICA DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)
TABLE 104 EUROPE DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 105 EUROPE DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)
TABLE 106 EUROPE DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)
TABLE 107 EUROPE DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 108 EUROPE DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)
TABLE 109 LATIN AMERICA DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 110 LATIN AMERICA DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)
TABLE 111 LATIN AMERICA DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)
TABLE 112 LATIN AMERICA DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 113 LATIN AMERICA DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)
TABLE 114 MEA DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)
TABLE 115 MEA DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)
TABLE 116 MEA DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)
TABLE 117 MEA DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)
TABLE 118 MEA DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)
TABLE 119 CURRENCY CONVERSION (2016−2023)
1. SCOPE & COVERAGE
1.1. MARKET DEFINITION
1.1.1. INCLUSIONS
1.1.2. EXCLUSIONS
1.1.3. MARKET ESTIMATION CAVEATS
1.1.4. SEGMENTATION DEFINITION
1.1.5. REGIONS & COUNTRIES COVERED
1.2. MARKET DERIVATION
1.3. BASE YEAR
2. PREMIUM INSIGHTS
2.1. OPPORTUNITY POCKETS
2.2. OVERVIEW
2.3. SEGMENTS
2.4. TRENDS
2.5. ENABLERS
2.6. RESTRAINS
2.7. GEOGRAPHY
3. MARKET AT A GLANCE
4. INTRODUCTION
4.1. OVERVIEW
4.1.1. RISING MARKET DEMAND FROM MINING INDUSTRY
4.1.2. OIL PRODUCERS
4.1.3. INCREASING INVESTMENT IN OIL & GAS INDUSTRY
4.1.4. MOUNTING DEMAND FROM ONSHORE AND OFFSHORE DRILLING INDUSTRY
4.1.5. RISING DRILLING TOOLS DEMAND FROM AGRICULTURAL DEVELOPMENT
4.1.6. RUSSIA–UKRAINE CONFLICT: GLOBAL IMPACT
5. MARKET OPPORTUNITIES & TRENDS
5.1. TECHNOLOGICAL ADVANCES IN DRILLING TOOLS
5.2. INCREASED CONSTRUCTION IN HOSPITALITY INDUSTRY
5.3. SURGING INVESTMENTS IN AGRICULTURE SECTOR
6. MARKET ENABLERS
6.1. INCREASED DEMAND FOR HIGH-QUALITY BASE OIL
6.2. RISING NEED FOR DRILLING AND BORING
6.3. GOVERNMENT SUBSIDIES PROPEL AGRICULTURE INDUSTRY
7. MARKET RESTRAINTS
7.1. TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS
7.2. FLUCTUATING RAW MATERIAL PRICES
7.2.1. KEY TAKEAWAYS:
7.3. VOLATILITY IN CRUDE OIL PRICES
7.4. INCREASE IN OPERATIONAL COST
8. MARKET LANDSCAPE
8.1. MARKET OVERVIEW
8.2. MARKET SIZE & FORECAST
8.3. FIVE FORCES ANALYSIS
8.3.1. THREAT OF NEW ENTRANTS
8.3.2. BARGAINING POWER OF SUPPLIERS
8.3.3. BARGAINING POWER OF BUYERS
8.3.4. THREAT OF SUBSTITUTES
8.3.5. COMPETITIVE RIVALRY
9. TOOLS TYPE
9.1. MARKET SNAPSHOT & GROWTH ENGINE
9.2. MARKET OVERVIEW
9.3. DRILL BITS
9.3.1. MARKET OVERVIEW
9.3.2. MARKET SIZE & FORECAST
9.3.3. MARKET BY GEOGRAPHY
9.4. DRILL COLLAR
9.4.1. MARKET OVERVIEW
9.4.2. MARKET SIZE & FORECAST
9.4.3. MARKET BY GEOGRAPHY
9.5. DRILL JAR
9.5.1. MARKET OVERVIEW
9.5.2. MARKET SIZE & FORECAST
9.5.3. MARKET BY GEOGRAPHY
9.6. DRILLING TUBULAR
9.6.1. MARKET OVERVIEW
9.6.2. MARKET SIZE & FORECAST
9.6.3. MARKET BY GEOGRAPHY
9.7. DRILLING MOTOR
9.7.1. MARKET OVERVIEW
9.7.2. MARKET SIZE & FORECAST
9.7.3. MARKET BY GEOGRAPHY
9.8. DRILL SWIVELS
9.8.1. MARKET OVERVIEW
9.8.2. MARKET SIZE & FORECAST
9.8.3. MARKET BY GEOGRAPHY
9.9. DRILL STABILIZERS & REAMERS
9.9.1. MARKET OVERVIEW
9.9.2. MARKET SIZE & FORECAST
9.9.3. MARKET BY GEOGRAPHY
9.10. OTHERS
9.10.1. MARKET OVERVIEW
9.10.2. MARKET SIZE & FORECAST
9.10.3. MARKET BY GEOGRAPHY
10. DRILLING TECHNIQUES
10.1. MARKET SNAPSHOT & GROWTH ENGINE
10.2. MARKET OVERVIEW
10.3. HORIZONTAL DIRECTIONAL DRILLING
10.3.1. MARKET OVERVIEW
10.3.2. MARKET SIZE & FORECAST
10.3.3. MARKET BY GEOGRAPHY
10.4. CONVENTIONAL DRILLING
10.4.1. MARKET OVERVIEW
10.4.2. MARKET SIZE & FORECAST
10.4.3. MARKET BY GEOGRAPHY
10.5. OTHER DRILLING
10.5.1. MARKET OVERVIEW
10.5.2. MARKET SIZE & FORECAST
10.5.3. MARKET BY GEOGRAPHY
11. APPLICATION
11.1. MARKET SNAPSHOT & GROWTH ENGINE
11.2. MARKET OVERVIEW
11.3. ONSHORE
11.3.1. MARKET OVERVIEW
11.3.2. MARKET SIZE & FORECAST
11.3.3. MARKET BY GEOGRAPHY
11.4. OFFSHORE
11.4.1. MARKET OVERVIEW
11.4.2. MARKET SIZE & FORECAST
11.4.3. MARKET BY GEOGRAPHY
12. END-USER
12.1. MARKET SNAPSHOT & GROWTH ENGINE
12.2. MARKET OVERVIEW
12.3. OIL AND GAS
12.3.1. MARKET OVERVIEW
12.3.2. MARKET SIZE & FORECAST
12.3.3. MARKET BY GEOGRAPHY
12.4. MINING
12.4.1. MARKET OVERVIEW
12.4.2. MARKET SIZE & FORECAST
12.4.3. MARKET BY GEOGRAPHY
12.5. OTHERS
12.5.1. MARKET OVERVIEW
12.5.2. KEY HIGHLIGHTS OF GLOBAL CONSTRUCTION SECTOR
12.5.3. MARKET SIZE & FORECAST
12.5.4. MARKET BY GEOGRAPHY
13. GEOGRAPHY
13.1. MARKET SNAPSHOT & GROWTH ENGINE
13.2. GEOGRAPHIC OVERVIEW
13.2.1. REGION INSIGHTS
13.2.2. DYNAMIC FACTORS
14. NORTH AMERICA
14.1. MARKET OVERVIEW
14.2. MARKET SIZE & FORECAST
14.3. TYPE
14.3.1. MARKET SIZE & FORECAST
14.4. APPLICATION
14.4.1. MARKET SIZE & FORECAST
14.5. DRILLING TECHNIQUES
14.5.1. MARKET SIZE & FORECAST
14.6. END USERS
14.6.1. MARKET SIZE & FORECAST
14.7. KEY COUNTRIES
14.7.1. US: MARKET SIZE & FORECAST
14.7.2. CANADA: MARKET SIZE & FORECAST
15. EUROPE
15.1. MARKET OVERVIEW
15.2. MARKET SIZE & FORECAST
15.3. TYPE
15.3.1. MARKET SIZE & FORECAST
15.4. APPLICATION
15.4.1. MARKET SIZE & FORECAST
15.5. DRILLING TECHNIQUES
15.5.1. MARKET SIZE & FORECAST
15.6. END USERS
15.6.1. MARKET SIZE & FORECAST
15.7. KEY COUNTRIES
15.7.1. GERMANY: MARKET SIZE & FORECAST
15.7.2. FRANCE: MARKET SIZE & FORECAST
15.7.3. ITALY: MARKET SIZE & FORECAST
15.7.4. UK: MARKET SIZE & FORECAST
15.7.5. RUSSIA: MARKET SIZE & FORECAST
15.7.6. POLAND: MARKET SIZE & FORECAST
15.7.7. SPAIN: MARKET SIZE & FORECAST
15.7.8. NORWAY: MARKET SIZE & FORECAST
16. APAC
16.1. MARKET OVERVIEW
16.2. MARKET SIZE & FORECAST
16.3. TYPE
16.3.1. MARKET SIZE & FORECAST
16.4. APPLICATION
16.4.1. MARKET SIZE & FORECAST
16.5. DRILLING TECHNIQUES
16.5.1. MARKET SIZE & FORECAST
16.6. END USERS
16.6.1. MARKET SIZE & FORECAST
16.7. KEY COUNTRIES
16.7.1. CHINA: MARKET SIZE & FORECAST
16.7.2. JAPAN: MARKET SIZE & FORECAST
16.7.3. SOUTH KOREA: MARKET SIZE & FORECAST
16.7.4. AUSTRALIA: MARKET SIZE & FORECAST
16.7.5. INDIA: MARKET SIZE & FORECAST
16.7.6. SINGAPORE: MARKET SIZE & FORECAST
17. MIDDLE EAST & AFRICA
17.1. MARKET OVERVIEW
17.1.1. ORGANIZATION OF PETROLEUM-EXPORTING COUNTRIES OPEC’S OIL PRODUCTION DATA
17.2. MARKET SIZE & FORECAST
17.3. TYPE
17.3.1. MARKET SIZE & FORECAST
17.4. APPLICATION
17.4.1. MARKET SIZE & FORECAST
17.5. DRILLING TECHNIQUES
17.5.1. MARKET SIZE & FORECAST
17.6. END USERS
17.6.1. MARKET SIZE & FORECAST
17.7. KEY COUNTRIES
17.7.1. SAUDI ARABIA: MARKET SIZE & FORECAST
17.7.2. UAE: MARKET SIZE & FORECAST
17.7.3. SOUTH AFRICA: MARKET SIZE & FORECAST
18. LATIN AMERICA
18.1. MARKET OVERVIEW
18.2. MARKET SIZE & FORECAST
18.3. TYPE
18.3.1. MARKET SIZE & FORECAST
18.4. APPLICATION
18.4.1. MARKET SIZE & FORECAST
18.5. DRILLING TECHNIQUES
18.5.1. MARKET SIZE & FORECAST
18.6. END USERS
18.6.1. MARKET SIZE & FORECAST
18.7. KEY COUNTRIES
18.7.1. BRAZIL: MARKET SIZE & FORECAST
18.7.2. MEXICO: MARKET SIZE & FORECAST
18.7.3. CHILE: MARKET SIZE & FORECAST
19. COMPETITIVE LANDSCAPE
19.1. COMPETITION OVERVIEW
20. KEY COMPANY PROFILES
20.1. CONTINENTAL
20.1.1. BUSINESS OVERVIEW
20.1.2. PRODUCT OFFERINGS
20.1.3. KEY STRATEGIES
20.1.4. KEY STRENGTHS
20.1.5. KEY OPPORTUNITIES
20.2. INFINEON TECHNOLOGIES
20.2.1. BUSINESS OVERVIEW
20.2.2. PRODUCT OFFERINGS
20.2.3. KEY STRATEGIES
20.2.4. KEY STRENGTHS
20.2.5. KEY OPPORTUNITIES
20.3. BENCHMARK
20.3.1. BUSINESS OVERVIEW
20.3.2. PRODUCT OFFERINGS
20.3.3. KEY STRATEGIES
20.3.4. KEY STRENGTHS
20.3.5. KEY OPPORTUNITIES
20.4. BAKER HUGHES
20.4.1. BUSINESS OVERVIEW
20.4.2. PRODUCT OFFERINGS
20.4.3. KEY STRATEGIES
20.4.4. KEY STRENGTHS
20.4.5. KEY OPPORTUNITIES
20.5. HALLIBURTON
20.5.1. BUSINESS OVERVIEW
20.5.2. PRODUCT OFFERINGS
20.5.3. KEY STRATEGIES
20.5.4. KEY STRENGTHS
20.5.5. KEY OPPORTUNITIES
20.6. NATIONAL OILWELL VARCO
20.6.1. BUSINESS OVERVIEW
20.6.2. PRODUCT OFFERINGS
20.6.3. KEY STRATEGIES
20.6.4. KEY STRENGTHS
20.6.5. KEY OPPORTUNITIES
21. OTHER PROMINENT VENDORS
21.1. AMPHENOL
21.1.1. BUSINESS OVERVIEW
21.1.2. PRODUCT OFFERINGS
21.2. ANALOG DEVICES
21.2.1. BUSINESS OVERVIEW
21.2.2. PRODUCT OFFERINGS
21.3. SCHLUMBERGER
21.3.1. BUSINESS OVERVIEW
21.3.2. PRODUCT OFFERINGS
21.4. SMITH INTERNATIONAL
21.4.1. BUSINESS OVERVIEW
21.4.2. PRODUCT OFFERINGS
21.5. WEATHERFORD
21.5.1. BUSINESS OVERVIEW
21.5.2. PRODUCT OFFERINGS
21.6. COUGAR DRILLING SOLUTIONS
21.6.1. BUSINESS OVERVIEW
21.6.2. PRODUCT OFFERINGS
21.7. DOSCO
21.7.1. BUSINESS OVERVIEW
21.7.2. PRODUCT OFFERINGS
21.8. DRILLING TOOLS INTERNATIONAL
21.8.1. BUSINESS OVERVIEW
21.8.2. PRODUCT OFFERINGS
21.9. DRILFORMANCE
21.9.1. BUSINESS OVERVIEW
21.9.2. PRODUCT OFFERINGS
21.10. RUBICON OILFIELD INTERNATIONAL
21.10.1. BUSINESS OVERVIEW
21.10.2. PRODUCT OFFERINGS
21.11. BICO DRILLING TOOLS
21.11.1. BUSINESS OVERVIEW
21.11.2. PRODUCT OFFERINGS
21.12. DYNOMAX DRILLING TOOLS INC
21.12.1. BUSINESS OVERVIEW
21.12.2. PRODUCT OFFERINGS
21.13. GYRODATA
21.13.1. BUSINESS OVERVIEW
21.13.2. PRODUCT OFFERINGS
21.14. PACESETTER DIRECTIONAL DRILLING
21.14.1. BUSINESS OVERVIEW
21.14.2. PRODUCT OFFERINGS
21.15. PRECISION DRILLING CORP
21.15.1. BUSINESS OVERVIEW
21.15.2. PRODUCT OFFERINGS
21.16. SCIENTIFIC DRILLING INTERNATIONAL
21.16.1. BUSINESS OVERVIEW
21.16.2. PRODUCT OFFERINGS
21.17. TIANHE OIL GROUP CO LTD
21.17.1. BUSINESS OVERVIEW
21.17.2. PRODUCT OFFERINGS
21.18. WENZEL DOWNHOLE TOOLS LTD
21.18.1. BUSINESS OVERVIEW
21.18.2. PRODUCT OFFERINGS
21.19. SANDVIK AB
21.19.1. BUSINESS OVERVIEW
21.19.2. PRODUCT OFFERINGS
21.20. ATLAS COPCO
21.20.1. BUSINESS OVERVIEW
21.20.2. PRODUCT OFFERINGS
22. REPORT SUMMARY
22.1. KEY TAKEAWAYS
22.2. STRATEGIC RECOMMENDATIONS
23. QUANTITATIVE SUMMARY
23.1. MARKET BY GEOGRAPHY
23.1.1. MARKET BY TYPES
23.1.2. MARKET BY APPLICATION
23.1.3. MARKET BY DRILLING TECHNIQUES
23.1.4. MARKET BY END USER
23.2. APAC
23.2.1. MARKET BY GEOGRAPHY
23.2.2. MARKET BY TYPES
23.2.3. MARKET BY APPLICATION
23.2.4. MARKET BY DRILLING TECHNIQUES
23.2.5. MARKET BY END USER
23.3. NORTH AMERICA
23.3.1. MARKET BY GEOGRAPHY
23.3.2. MARKET BY TYPES
23.3.3. MARKET BY APPLICATION
23.3.4. MARKET BY DRILLING TECHNIQUES
23.3.5. MARKET BY END USER
23.4. EUROPE
23.4.1. MARKET BY GEOGRAPHY
23.4.2. MARKET BY TYPES
23.4.3. MARKET BY APPLICATION
23.4.4. MARKET BY DRILLING TECHNIQUES
23.4.5. MARKET BY END USER
23.5. LATIN AMERICA
23.5.1. MARKET BY GEOGRAPHY
23.5.2. MARKET BY TYPES
23.5.3. MARKET BY APPLICATION
23.5.4. MARKET BY DRILLING TECHNIQUES
23.5.5. MARKET BY END USER
23.6. MIDDLE EAST & AFRICA
23.6.1. MARKET BY GEOGRAPHY
23.6.2. MARKET BY TYPES
23.6.3. MARKET BY APPLICATION
23.6.4. MARKET BY DRILLING TECHNIQUES
23.6.5. MARKET BY END USER
24. APPENDIX
24.1. RESEARCH METHODOLOGY
24.2. RESEARCH PROCESS
24.3. REPORT ASSUMPTIONS & CAVEATS
24.3.1. KEY CAVEATS
24.3.2. CURRENCY CONVERSION
24.4. ABBREVIATIONS
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Published : February 2024