Rotary Drilling Bits Market

A drill bit is a tool designed to produce a generally cylindrical hole (wellbore) in the earth?s crust by the rotary drilling method for the discovery and extraction of hydrocarbons such as crude oil and natural gas.
Rotary Drilling Bits Market contains market size and forecasts of Rotary Drilling Bits in global, including the following market information:
Global Rotary Drilling Bits Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Rotary Drilling Bits Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Rotary Drilling Bits companies in 2021 (%)
The global Rotary Drilling Bits market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Roller-Cone Bits Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rotary Drilling Bits include Sandvik, America West Drilling Supply, Mincon, Technidrill, Robit, Schlumberger, DeWALT, Bauer and Gill Rock Drill, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Rotary Drilling Bits manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rotary Drilling Bits Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rotary Drilling Bits Market Segment Percentages, by Type, 2021 (%)
Roller-Cone Bits
Fixed-Cutter Bits
Global Rotary Drilling Bits Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rotary Drilling Bits Market Segment Percentages, by Application, 2021 (%)
Mining
Construction
Blasting
Quarrying
Global Rotary Drilling Bits Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rotary Drilling Bits Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rotary Drilling Bits revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Rotary Drilling Bits revenues share in global market, 2021 (%)
Key companies Rotary Drilling Bits sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Rotary Drilling Bits sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
America West Drilling Supply
Mincon
Technidrill
Robit
Schlumberger
DeWALT
Bauer
Gill Rock Drill
Atlas Copco
Drillhead
ALPEN
IRWIN TOOLS
Bosch