Global Downhole Drilling Tools Sales Market Report 2021

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.
Downhole drilling tools are collection of tools used in downhole drilling applications. In this report, the statistic data bases on drill bit mainly used in oil field and gas field. Drilling bit could be classified as fixed cutter drill bit, roller cone drill bit and others and mainly be applied in oil field and gas field. At present, oil field application is the main downstream, which occupied 61.92% of market in 2015.

Market Analysis and Insights: Global Downhole Drilling Tools Market
The global Downhole Drilling Tools market was valued at US$ 7671.2 in 2020 and will reach US$ 9595.1 million by the end of 2027, growing at a CAGR of 3.8% during 2022-2027.

Global Downhole Drilling Tools Scope and Market Size
The global Downhole Drilling Tools market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Downhole Drilling Tools market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Fixed Cutter Drill Bit
Roller Cone Drill Bit
Others

Segment by Application
Oil Field
Gas Field

The Downhole Drilling Tools market is analysed and market size information is provided by regions (countries). Segment by Application, the Downhole Drilling Tools market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
GE(Baker Hughes)
Halliburton
National Oilwell Varco
Schlumberger
Weatherford
American Oilfield Tools
Bilco Tools
Challenger Downhole Tools
Downhole Oil Tools
Logan International
Magnum Oil Tools
Oil Tools International Services
Schoeller-Bleckmann Oilfield Equipment
Tasman
Wenzel Downhole Tools
Western Drilling Tools
Carlisle Interconnect Technologies
Cougar Drilling Solutions
Stabiltec Downhole Tools
Olympus Corporation
Gearcon Drilling Tools
Kennametal

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