Global Downhole Drilling Tools Supply, Demand and Key Producers, 2024-2030

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Published Date: 09 Feb 2024

Category: Machinery & Equipment

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Downhole Drilling Tools market size is expected to reach $ 9922.4 million by 2030, rising at a market growth of 3.3% CAGR during the forecast period (2024-2030).

Baker Hughes, Schlumberger, Halliburton, and National Oilwell Varco are the world's leading downhole drilling tools manufacturers, with a combined market share of 80%.North America is the largest consumption place, with a consumption market share nearly 87%.

Downhole drilling tools are collection of tools used in downhole drilling applications. They include drill bit, drill collar, drill pipe, kelly stem, stabilizer, etc. Among these, drill bit is core component and acts in the bottom of drilling system.

This report studies the global Downhole Drilling Tools production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Downhole Drilling Tools, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Downhole Drilling Tools that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Downhole Drilling Tools total production and demand, 2019-2030, (Units)
Global Downhole Drilling Tools total production value, 2019-2030, (USD Million)
Global Downhole Drilling Tools production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Downhole Drilling Tools consumption by region & country, CAGR, 2019-2030 & (Units)
U.S. VS China: Downhole Drilling Tools domestic production, consumption, key domestic manufacturers and share
Global Downhole Drilling Tools production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Units)
Global Downhole Drilling Tools production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Downhole Drilling Tools production by Application production, value, CAGR, 2019-2030, (USD Million) & (Units).

This reports profiles key players in the global Downhole Drilling Tools 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 Baker Hughes, Schlumberger, Halliburton, National Oilwell Varco, Varel International, Kingdream, Baoshi Machinery and Jiangxi Feilong, 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 Downhole Drilling Tools market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Downhole Drilling Tools Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Downhole Drilling Tools Market, Segmentation by Type
Fixed Cutter Drill Bit
Roller Cone Drill Bit
Others

Global Downhole Drilling Tools Market, Segmentation by Application
Oil Field
Gas Field

Companies Profiled:
Baker Hughes
Schlumberger
Halliburton
National Oilwell Varco
Varel International
Kingdream
Baoshi Machinery
Jiangxi Feilong

Key Questions Answered
1. How big is the global Downhole Drilling Tools market?
2. What is the demand of the global Downhole Drilling Tools market?
3. What is the year over year growth of the global Downhole Drilling Tools market?
4. What is the production and production value of the global Downhole Drilling Tools market?
5. Who are the key producers in the global Downhole Drilling Tools market?

Table of Contents

1 Supply Summary
    1.1 Downhole Drilling Tools Introduction
    1.2 World Downhole Drilling Tools Supply & Forecast
        1.2.1 World Downhole Drilling Tools Production Value (2019 & 2023 & 2030)
        1.2.2 World Downhole Drilling Tools Production (2019-2030)
        1.2.3 World Downhole Drilling Tools Pricing Trends (2019-2030)
    1.3 World Downhole Drilling Tools Production by Region (Based on Production Site)
        1.3.1 World Downhole Drilling Tools Production Value by Region (2019-2030)
        1.3.2 World Downhole Drilling Tools Production by Region (2019-2030)
        1.3.3 World Downhole Drilling Tools Average Price by Region (2019-2030)
        1.3.4 North America Downhole Drilling Tools Production (2019-2030)
        1.3.5 Europe Downhole Drilling Tools Production (2019-2030)
        1.3.6 Middle East & Africa Downhole Drilling Tools Production (2019-2030)
        1.3.7 Japan Downhole Drilling Tools Production (2019-2030)
        1.3.8 China Downhole Drilling Tools Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Downhole Drilling Tools Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Downhole Drilling Tools Major Market Trends

2 Demand Summary
    2.1 World Downhole Drilling Tools Demand (2019-2030)
    2.2 World Downhole Drilling Tools Consumption by Region
        2.2.1 World Downhole Drilling Tools Consumption by Region (2019-2024)
        2.2.2 World Downhole Drilling Tools Consumption Forecast by Region (2025-2030)
    2.3 United States Downhole Drilling Tools Consumption (2019-2030)
    2.4 China Downhole Drilling Tools Consumption (2019-2030)
    2.5 Europe Downhole Drilling Tools Consumption (2019-2030)
    2.6 Japan Downhole Drilling Tools Consumption (2019-2030)
    2.7 South Korea Downhole Drilling Tools Consumption (2019-2030)
    2.8 ASEAN Downhole Drilling Tools Consumption (2019-2030)
    2.9 India Downhole Drilling Tools Consumption (2019-2030)

3 World Downhole Drilling Tools Manufacturers Competitive Analysis
    3.1 World Downhole Drilling Tools Production Value by Manufacturer (2019-2024)
    3.2 World Downhole Drilling Tools Production by Manufacturer (2019-2024)
    3.3 World Downhole Drilling Tools Average Price by Manufacturer (2019-2024)
    3.4 Downhole Drilling Tools Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Downhole Drilling Tools Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Downhole Drilling Tools in 2023
        3.5.3 Global Concentration Ratios (CR8) for Downhole Drilling Tools in 2023
    3.6 Downhole Drilling Tools Market: Overall Company Footprint Analysis
        3.6.1 Downhole Drilling Tools Market: Region Footprint
        3.6.2 Downhole Drilling Tools Market: Company Product Type Footprint
        3.6.3 Downhole Drilling Tools Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Downhole Drilling Tools Production Value Comparison
        4.1.1 United States VS China: Downhole Drilling Tools Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Downhole Drilling Tools Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Downhole Drilling Tools Production Comparison
        4.2.1 United States VS China: Downhole Drilling Tools Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Downhole Drilling Tools Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Downhole Drilling Tools Consumption Comparison
        4.3.1 United States VS China: Downhole Drilling Tools Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Downhole Drilling Tools Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Downhole Drilling Tools Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Downhole Drilling Tools Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Downhole Drilling Tools Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Downhole Drilling Tools Production (2019-2024)
    4.5 China Based Downhole Drilling Tools Manufacturers and Market Share
        4.5.1 China Based Downhole Drilling Tools Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Downhole Drilling Tools Production Value (2019-2024)
        4.5.3 China Based Manufacturers Downhole Drilling Tools Production (2019-2024)
    4.6 Rest of World Based Downhole Drilling Tools Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Downhole Drilling Tools Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Downhole Drilling Tools Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Downhole Drilling Tools Production (2019-2024)

5 Market Analysis by Type
    5.1 World Downhole Drilling Tools Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Fixed Cutter Drill Bit
        5.2.2 Roller Cone Drill Bit
        5.2.3 Others
    5.3 Market Segment by Type
        5.3.1 World Downhole Drilling Tools Production by Type (2019-2030)
        5.3.2 World Downhole Drilling Tools Production Value by Type (2019-2030)
        5.3.3 World Downhole Drilling Tools Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Downhole Drilling Tools Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Oil Field
        6.2.2 Gas Field
    6.3 Market Segment by Application
        6.3.1 World Downhole Drilling Tools Production by Application (2019-2030)
        6.3.2 World Downhole Drilling Tools Production Value by Application (2019-2030)
        6.3.3 World Downhole Drilling Tools Average Price by Application (2019-2030)

7 Company Profiles
    7.1 Baker Hughes
        7.1.1 Baker Hughes Details
        7.1.2 Baker Hughes Major Business
        7.1.3 Baker Hughes Downhole Drilling Tools Product and Services
        7.1.4 Baker Hughes Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 Baker Hughes Recent Developments/Updates
        7.1.6 Baker Hughes Competitive Strengths & Weaknesses
    7.2 Schlumberger
        7.2.1 Schlumberger Details
        7.2.2 Schlumberger Major Business
        7.2.3 Schlumberger Downhole Drilling Tools Product and Services
        7.2.4 Schlumberger Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 Schlumberger Recent Developments/Updates
        7.2.6 Schlumberger Competitive Strengths & Weaknesses
    7.3 Halliburton
        7.3.1 Halliburton Details
        7.3.2 Halliburton Major Business
        7.3.3 Halliburton Downhole Drilling Tools Product and Services
        7.3.4 Halliburton Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 Halliburton Recent Developments/Updates
        7.3.6 Halliburton Competitive Strengths & Weaknesses
    7.4 National Oilwell Varco
        7.4.1 National Oilwell Varco Details
        7.4.2 National Oilwell Varco Major Business
        7.4.3 National Oilwell Varco Downhole Drilling Tools Product and Services
        7.4.4 National Oilwell Varco Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 National Oilwell Varco Recent Developments/Updates
        7.4.6 National Oilwell Varco Competitive Strengths & Weaknesses
    7.5 Varel International
        7.5.1 Varel International Details
        7.5.2 Varel International Major Business
        7.5.3 Varel International Downhole Drilling Tools Product and Services
        7.5.4 Varel International Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.5.5 Varel International Recent Developments/Updates
        7.5.6 Varel International Competitive Strengths & Weaknesses
    7.6 Kingdream
        7.6.1 Kingdream Details
        7.6.2 Kingdream Major Business
        7.6.3 Kingdream Downhole Drilling Tools Product and Services
        7.6.4 Kingdream Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.6.5 Kingdream Recent Developments/Updates
        7.6.6 Kingdream Competitive Strengths & Weaknesses
    7.7 Baoshi Machinery
        7.7.1 Baoshi Machinery Details
        7.7.2 Baoshi Machinery Major Business
        7.7.3 Baoshi Machinery Downhole Drilling Tools Product and Services
        7.7.4 Baoshi Machinery Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.7.5 Baoshi Machinery Recent Developments/Updates
        7.7.6 Baoshi Machinery Competitive Strengths & Weaknesses
    7.8 Jiangxi Feilong
        7.8.1 Jiangxi Feilong Details
        7.8.2 Jiangxi Feilong Major Business
        7.8.3 Jiangxi Feilong Downhole Drilling Tools Product and Services
        7.8.4 Jiangxi Feilong Downhole Drilling Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.8.5 Jiangxi Feilong Recent Developments/Updates
        7.8.6 Jiangxi Feilong Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Downhole Drilling Tools Industry Chain
    8.2 Downhole Drilling Tools Upstream Analysis
        8.2.1 Downhole Drilling Tools Core Raw Materials
        8.2.2 Main Manufacturers of Downhole Drilling Tools Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Downhole Drilling Tools Production Mode
    8.6 Downhole Drilling Tools Procurement Model
    8.7 Downhole Drilling Tools Industry Sales Model and Sales Channels
        8.7.1 Downhole Drilling Tools Sales Model
        8.7.2 Downhole Drilling Tools Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Downhole Drilling Tools Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Downhole Drilling Tools Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Downhole Drilling Tools Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Downhole Drilling Tools Production Value Market Share by Region (2019-2024)
    Table 5. World Downhole Drilling Tools Production Value Market Share by Region (2025-2030)
    Table 6. World Downhole Drilling Tools Production by Region (2019-2024) & (Units)
    Table 7. World Downhole Drilling Tools Production by Region (2025-2030) & (Units)
    Table 8. World Downhole Drilling Tools Production Market Share by Region (2019-2024)
    Table 9. World Downhole Drilling Tools Production Market Share by Region (2025-2030)
    Table 10. World Downhole Drilling Tools Average Price by Region (2019-2024) & (USD/Unit)
    Table 11. World Downhole Drilling Tools Average Price by Region (2025-2030) & (USD/Unit)
    Table 12. Downhole Drilling Tools Major Market Trends
    Table 13. World Downhole Drilling Tools Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Units)
    Table 14. World Downhole Drilling Tools Consumption by Region (2019-2024) & (Units)
    Table 15. World Downhole Drilling Tools Consumption Forecast by Region (2025-2030) & (Units)
    Table 16. World Downhole Drilling Tools Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Downhole Drilling Tools Producers in 2023
    Table 18. World Downhole Drilling Tools Production by Manufacturer (2019-2024) & (Units)
    Table 19. Production Market Share of Key Downhole Drilling Tools Producers in 2023
    Table 20. World Downhole Drilling Tools Average Price by Manufacturer (2019-2024) & (USD/Unit)
    Table 21. Global Downhole Drilling Tools Company Evaluation Quadrant
    Table 22. World Downhole Drilling Tools Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Downhole Drilling Tools Production Site of Key Manufacturer
    Table 24. Downhole Drilling Tools Market: Company Product Type Footprint
    Table 25. Downhole Drilling Tools Market: Company Product Application Footprint
    Table 26. Downhole Drilling Tools Competitive Factors
    Table 27. Downhole Drilling Tools New Entrant and Capacity Expansion Plans
    Table 28. Downhole Drilling Tools Mergers & Acquisitions Activity
    Table 29. United States VS China Downhole Drilling Tools Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Downhole Drilling Tools Production Comparison, (2019 & 2023 & 2030) & (Units)
    Table 31. United States VS China Downhole Drilling Tools Consumption Comparison, (2019 & 2023 & 2030) & (Units)
    Table 32. United States Based Downhole Drilling Tools Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Downhole Drilling Tools Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Downhole Drilling Tools Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Downhole Drilling Tools Production (2019-2024) & (Units)
    Table 36. United States Based Manufacturers Downhole Drilling Tools Production Market Share (2019-2024)
    Table 37. China Based Downhole Drilling Tools Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Downhole Drilling Tools Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Downhole Drilling Tools Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Downhole Drilling Tools Production (2019-2024) & (Units)
    Table 41. China Based Manufacturers Downhole Drilling Tools Production Market Share (2019-2024)
    Table 42. Rest of World Based Downhole Drilling Tools Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Downhole Drilling Tools Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Downhole Drilling Tools Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Downhole Drilling Tools Production (2019-2024) & (Units)
    Table 46. Rest of World Based Manufacturers Downhole Drilling Tools Production Market Share (2019-2024)
    Table 47. World Downhole Drilling Tools Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Downhole Drilling Tools Production by Type (2019-2024) & (Units)
    Table 49. World Downhole Drilling Tools Production by Type (2025-2030) & (Units)
    Table 50. World Downhole Drilling Tools Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Downhole Drilling Tools Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Downhole Drilling Tools Average Price by Type (2019-2024) & (USD/Unit)
    Table 53. World Downhole Drilling Tools Average Price by Type (2025-2030) & (USD/Unit)
    Table 54. World Downhole Drilling Tools Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Downhole Drilling Tools Production by Application (2019-2024) & (Units)
    Table 56. World Downhole Drilling Tools Production by Application (2025-2030) & (Units)
    Table 57. World Downhole Drilling Tools Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Downhole Drilling Tools Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Downhole Drilling Tools Average Price by Application (2019-2024) & (USD/Unit)
    Table 60. World Downhole Drilling Tools Average Price by Application (2025-2030) & (USD/Unit)
    Table 61. Baker Hughes Basic Information, Manufacturing Base and Competitors
    Table 62. Baker Hughes Major Business
    Table 63. Baker Hughes Downhole Drilling Tools Product and Services
    Table 64. Baker Hughes Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. Baker Hughes Recent Developments/Updates
    Table 66. Baker Hughes Competitive Strengths & Weaknesses
    Table 67. Schlumberger Basic Information, Manufacturing Base and Competitors
    Table 68. Schlumberger Major Business
    Table 69. Schlumberger Downhole Drilling Tools Product and Services
    Table 70. Schlumberger Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 71. Schlumberger Recent Developments/Updates
    Table 72. Schlumberger Competitive Strengths & Weaknesses
    Table 73. Halliburton Basic Information, Manufacturing Base and Competitors
    Table 74. Halliburton Major Business
    Table 75. Halliburton Downhole Drilling Tools Product and Services
    Table 76. Halliburton Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. Halliburton Recent Developments/Updates
    Table 78. Halliburton Competitive Strengths & Weaknesses
    Table 79. National Oilwell Varco Basic Information, Manufacturing Base and Competitors
    Table 80. National Oilwell Varco Major Business
    Table 81. National Oilwell Varco Downhole Drilling Tools Product and Services
    Table 82. National Oilwell Varco Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 83. National Oilwell Varco Recent Developments/Updates
    Table 84. National Oilwell Varco Competitive Strengths & Weaknesses
    Table 85. Varel International Basic Information, Manufacturing Base and Competitors
    Table 86. Varel International Major Business
    Table 87. Varel International Downhole Drilling Tools Product and Services
    Table 88. Varel International Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 89. Varel International Recent Developments/Updates
    Table 90. Varel International Competitive Strengths & Weaknesses
    Table 91. Kingdream Basic Information, Manufacturing Base and Competitors
    Table 92. Kingdream Major Business
    Table 93. Kingdream Downhole Drilling Tools Product and Services
    Table 94. Kingdream Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 95. Kingdream Recent Developments/Updates
    Table 96. Kingdream Competitive Strengths & Weaknesses
    Table 97. Baoshi Machinery Basic Information, Manufacturing Base and Competitors
    Table 98. Baoshi Machinery Major Business
    Table 99. Baoshi Machinery Downhole Drilling Tools Product and Services
    Table 100. Baoshi Machinery Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 101. Baoshi Machinery Recent Developments/Updates
    Table 102. Jiangxi Feilong Basic Information, Manufacturing Base and Competitors
    Table 103. Jiangxi Feilong Major Business
    Table 104. Jiangxi Feilong Downhole Drilling Tools Product and Services
    Table 105. Jiangxi Feilong Downhole Drilling Tools Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 106. Global Key Players of Downhole Drilling Tools Upstream (Raw Materials)
    Table 107. Downhole Drilling Tools Typical Customers
    Table 108. Downhole Drilling Tools Typical Distributors
List of Figure
    Figure 1. Downhole Drilling Tools Picture
    Figure 2. World Downhole Drilling Tools Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Downhole Drilling Tools Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Downhole Drilling Tools Production (2019-2030) & (Units)
    Figure 5. World Downhole Drilling Tools Average Price (2019-2030) & (USD/Unit)
    Figure 6. World Downhole Drilling Tools Production Value Market Share by Region (2019-2030)
    Figure 7. World Downhole Drilling Tools Production Market Share by Region (2019-2030)
    Figure 8. North America Downhole Drilling Tools Production (2019-2030) & (Units)
    Figure 9. Europe Downhole Drilling Tools Production (2019-2030) & (Units)
    Figure 10. Middle East & Africa Downhole Drilling Tools Production (2019-2030) & (Units)
    Figure 11. Japan Downhole Drilling Tools Production (2019-2030) & (Units)
    Figure 12. China Downhole Drilling Tools Production (2019-2030) & (Units)
    Figure 13. Downhole Drilling Tools Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 16. World Downhole Drilling Tools Consumption Market Share by Region (2019-2030)
    Figure 17. United States Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 18. China Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 19. Europe Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 20. Japan Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 21. South Korea Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 22. ASEAN Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 23. India Downhole Drilling Tools Consumption (2019-2030) & (Units)
    Figure 24. Producer Shipments of Downhole Drilling Tools by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Downhole Drilling Tools Markets in 2023
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Downhole Drilling Tools Markets in 2023
    Figure 27. United States VS China: Downhole Drilling Tools Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Downhole Drilling Tools Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. United States VS China: Downhole Drilling Tools Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 30. United States Based Manufacturers Downhole Drilling Tools Production Market Share 2023
    Figure 31. China Based Manufacturers Downhole Drilling Tools Production Market Share 2023
    Figure 32. Rest of World Based Manufacturers Downhole Drilling Tools Production Market Share 2023
    Figure 33. World Downhole Drilling Tools Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 34. World Downhole Drilling Tools Production Value Market Share by Type in 2023
    Figure 35. Fixed Cutter Drill Bit
    Figure 36. Roller Cone Drill Bit
    Figure 37. Others
    Figure 38. World Downhole Drilling Tools Production Market Share by Type (2019-2030)
    Figure 39. World Downhole Drilling Tools Production Value Market Share by Type (2019-2030)
    Figure 40. World Downhole Drilling Tools Average Price by Type (2019-2030) & (USD/Unit)
    Figure 41. World Downhole Drilling Tools Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 42. World Downhole Drilling Tools Production Value Market Share by Application in 2023
    Figure 43. Oil Field
    Figure 44. Gas Field
    Figure 45. World Downhole Drilling Tools Production Market Share by Application (2019-2030)
    Figure 46. World Downhole Drilling Tools Production Value Market Share by Application (2019-2030)
    Figure 47. World Downhole Drilling Tools Average Price by Application (2019-2030) & (USD/Unit)
    Figure 48. Downhole Drilling Tools Industry Chain
    Figure 49. Downhole Drilling Tools Procurement Model
    Figure 50. Downhole Drilling Tools Sales Model
    Figure 51. Downhole Drilling Tools Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Baker Hughes
Schlumberger
Halliburton
National Oilwell Varco
Varel International
Kingdream
Baoshi Machinery
Jiangxi Feilong

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According to our (Global Info Research) latest study, the global Downhole Drilling Tools market size was valued at USD 7878.8 million in 2023 and is forecast to a readjusted size of USD 9922.4 million by 2030 with a CAGR of 3.3% during review period.

Product Tags

Downhole Drilling Tools

Oil Field Downhole Drilling Tools

Gas Field Downhole Drilling Tools

Downhole Drilling Tools for Land

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