Market Analysis and Insights: Global Drill Bits Market
The Drill Bits market was valued at US$ 1602.8 million in 2020 and is projected to reach US$ 2335.6 million by 2027, at a CAGR of 5.5% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Drill Bits.
In terms of production side, this report researches the Drill Bits capacity, production, growth rate, market share by manufacturers and regions (or countries), from 2016 to 2020, and forecast to 2027.
In terms of sales side, this report focuses on the sales of Drill Bits by regions (countries), company, by Type and by Application. from 2016 to 2020 and forecast to 2027.
The global Drill Bits market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Drill Bits market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
Production by Region
United States
Europe
China
Japan
Sales by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Segment by Type
High-Speed Steel (HSS)
Carbon Steel
Carbide
Cobalt Steel
Others
The segment of carbide types hold a comparatively larger revenue share in global market, which accounts for about 58% in 2019.
Segment by Application
Metal
Wood
Construction Materials
Others
The proportion of construction materials segment is about 35%, and the proportion of wood is about 26% in 2019.
By Company
Stanley Black & Decker
Bosch
Techtronic
Makita
Hilti
ITW
Top-Eastern Group
Metabo
Regal Cutting Tools
IZAR Cutting Tools
Hartner
RUKO GmbH
The Drill Bits market was valued at US$ 1602.8 million in 2020 and is projected to reach US$ 2335.6 million by 2027, at a CAGR of 5.5% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Drill Bits.
In terms of production side, this report researches the Drill Bits capacity, production, growth rate, market share by manufacturers and regions (or countries), from 2016 to 2020, and forecast to 2027.
In terms of sales side, this report focuses on the sales of Drill Bits by regions (countries), company, by Type and by Application. from 2016 to 2020 and forecast to 2027.
The global Drill Bits market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Drill Bits market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
Production by Region
United States
Europe
China
Japan
Sales by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Segment by Type
High-Speed Steel (HSS)
Carbon Steel
Carbide
Cobalt Steel
Others
The segment of carbide types hold a comparatively larger revenue share in global market, which accounts for about 58% in 2019.
Segment by Application
Metal
Wood
Construction Materials
Others
The proportion of construction materials segment is about 35%, and the proportion of wood is about 26% in 2019.
By Company
Stanley Black & Decker
Bosch
Techtronic
Makita
Hilti
ITW
Top-Eastern Group
Metabo
Regal Cutting Tools
IZAR Cutting Tools
Hartner
RUKO GmbH
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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