Brooklyn, NY -- (SBWIRE) -- 09/07/2018 -- Qyresearchreports include new market research report "Global Oilfield Drill Bits Market Professional Survey Report 2018" to its huge collection of research reports.
This report studies the global Oilfield Drill Bits market status and forecast, categorizes the global Oilfield Drill Bits market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Oilfield drill bits are important tools used in the drilling of boreholes in the exploration of oil and gas activities. The drill bits are selected depending on the type of formation that is being drilled. Drill bits produce drill cuttings which can be removed later using drilling mud. Irrespective of type of drill bit, these bits need to suffice two main conditions that include maximizing the formations rate of penetration (ROP) while providing a long and sturdy service life.
The major factors propelling the growth of this market include increasing demand for crude oil and natural gas from countries globally.
The global Oilfield Drill Bits market is valued at 5940 million US$ in 2017 and will reach 9540 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2018-2025.
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The major manufacturers covered in this report
Baker Hughes Inc
Drill Master Inc.
National Oilwell Varco Inc
Ulterra Drilling Technologies
Atlas Copco AB
Scientific Drilling International Inc
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Browse Complete Report with TOC @ https://www.qyresearchreports.com/report/global-oilfield-drill-bits-market-professional-survey-report-2018.htm
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Roller Cone Bits
Fixed Cutter Bits
By Application, the market can be split into
The study objectives of this report are:
To analyze and study the global Oilfield Drill Bits capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Oilfield Drill Bits manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
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