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Drilling Tools Market Segmentation Analysis Report 2020-2025 |Drilling Tools Industry Analysis on Size, Share, Growth, Trends, Demand, Competitive Analysis, and Forecast Report 2020-2025

Published: Feb 2021  |  Report ID:2007  | Pages: 160

Drilling Tools Market Size Overview 2020-2025:

Drilling Tools Market size was valued at USD 5.9 billion in 2018, and Drilling Tools Market is expected to reach USD 8.62 Billion by the end of 2025, with growth at a CAGR of 4.75% during the assessment period 2020-2025.

The Drilling Tools Market growth for drilling tools is generally driven by growing drilling undertakings as well as the development of unconventional hydrocarbon capitals. One more factor driving the demand for drilling tools is the growing energy demand in Asia Pacific region and rising oil and gas production in oil-importing countries to decrease trade arrears.

Drilling Tools Market Report Statistics:



Market Size Available

2019 – 2025

Base Year


Forecast Period

2020 – 2025

Segments Covered

By Type, By Application, and By Region

Regions Covered

North America, Latin America, Middle East & Africa, Europe, Asia Pacific

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Drilling Tools Market Segmented as follows:

According to the report the Drilling Tools Market is segmented into By Type and By Application.

Based on Type the market is divided into Drilling Tubulars, Drill Bits, Drilling Motors, Stabilizers & Drill Reamers, Drill Jars, Drill Collars, Mechanical Thrusters, and Drill Swivels. And Based on Application, the market is sub classified into Offshore and Onshore.

Drilling Tools Market Geographical Classification:

The Global Drilling Tools Market is geographically classified into North America (USA, Canada), Latin America (Mexico, Argentina, Chile), Middle East and Africa (UAE, KASA, Qatar, and South Africa), Europe (United Kingdom, Germany, France, Italy, London, Spain, and Rest of the European countries), Asia Pacific (India, China, japan, Australia, Korea, Singapore, Malaysia), and rest of the world.

North America Drilling Tools Market is estimated to control the global Drilling Tools Market:

North America region is estimated to control the global Drilling Tools Market during the assessment period due to the growing shale gas production and the new energy changes from the US government. North America region is also predictable to be the fastest-growing industry, followed by the Asia Pacific Drilling Tools Market.

Growing drilling undertakings, expansion of unconventional hydrocarbon capitals combined with high energy demand from Asia Pacific are driving the Drilling Tools Market.

Study Analysis:

  1. Base Year- 2019
  2. Estimated Year- 2020
  3. Projected Year- 2025
  4. Forecast Period- 2020 to 2025

Drilling tools market includes equipment manufacturers/suppliers such as National Oilwell Varco, BHGE (US), Schlumberger (US), Weatherford (Switzerland), Helmerich & Payne (US), Halliburton (US), Transocean (Switzerland), Nabors (Bermuda), Chevron (US), Saudi Aramco (Saudi Arabia), Petronas (Malaysia), British Petroleum (UK), ExxonMobil (US), and Shell (Netherlands).

Drilling Tools Market Taxonomy:

Based on Type:

  • Drill Bits
  • Drill Collars
  • Drilling Jars
  • Drilling Motors
  • Drilling Tubulars
  • Drill Swivels
  • Drill Reamers and Stabilizers
  • Mechanical Thrusters
  • Shock Tools

Based on Application:

  • Onshore
  • Offshore
  1. Preface

                                1.1 Market Definition and Scope

                                1.2 Base Currency, Base Year and Forecast Periods

                                1.3 Key Research Objectives

                                1.4 Research Highlights

  1. General Study Assumptions
  2. Research Methodology

                                3.1 Introduction

                                3.2 Secondary Research

                                3.3 Primary Research

                                3.4 Analysis Design

                                3.5 Study Timeline

  1. Market Dynamics

                                4.1 Drivers

                                4.2 Restraints

                                4.3 Opportunities

                                4.4 Market Trends

  1. Supply Chain Analysis
  2. Company Strategy Analysis

                                6.1 Merger and Acquisition Analysis

                                6.2 Agreements, Collaborations and Joint Ventures

                                6.3 Regional Presence

                                6.4 New Product Launches

  1. Market Outlook

                                7.1 Technological Advancement

                                7.2 Pricing Analysis

                                7.3 Epidemiology

                                7.4 Product Landscape Analysis (Brand Tracking Analysis & Pipeline Analysis)

  1. Market Segmentation

                                8.1 Overview

                                8.2 Global Wave Energy Market , By Type, forecast year 2020-2025

                                                8.2.1 oscillating water column

                                                8.2.2 oscillating body converters

                                                8.2.3 overtopping converters

                                                8.2.4 Market Size Estimations & Forecasts (2020-2025)

                                                8.2.5 Y-o-Y Growth Analysis

                                                8.2.6 Market Investment Opportunities Analysis

                                8.3 Global Wave Energy Market, By Location, forecast year 2020-2025

                                                8.3.1 Onshore

                                                8.3.2 Offshore

                                                8.3.3. Near Shore

                                                8.3.4 Market Size Estimations & Forecasts (2020-2025)

                                                8.3.5 Y-o-Y Growth Analysis

                                                8.3.6 Market Investment Opportunities Analysis

                                8.4 Global Wave Energy Market , By Application, forecast year 2020-2025

                                                8.4.1 power generation

                                                8.4.2 water desalination

                                                8.4.3. pumping of water

                                                8.4.4. environmental protection

                                                8.4.5 Market Size Estimations & Forecasts (2020-2025)

                                                8.4.6 Y-o-Y Growth Analysis

                                                8.4.7 Market Investment Opportunities Analysis

  1. Market Regional and Country Analysis, Forecast 2020-2025

                                9.1 Overview

                                9.2 Regional Trends

                                9.3 Impact Analysis

                                9.4 Key Findings

                                9.5 Global Wave Energy Market ,  by Region, 2020-2025

                                                9.5.1 By Technology

                                                9.5.2 By Location

                                                9.5.3 By Application

  1. Competitive Landscape Analysis

                                10.1 Market Player

                                                10.1.1 Company Revenue

                                                10.1.2 Business unit

                                                10.1.3 Product Mapping

                                                10.1.4 Geographical Locations

                                10.2 Company Share Analysis

  1. Strategic Analysis

                                11.1 PESTLE analysis

                                11.2 Porter’s Five analysis

                                                11.2.1 Bargaining Power of Suppliers

                                                11.2.2 Bargaining Power of Consumers

                                                11.2.3 Threat of New Entrants

                                                11.2.4 Threat of Substitute Products and Services

                                                11.2.5 Competitive Rivalry within the Industry

  1. Company Profiles

                                12.1 Ocean Power Technologies

                                                12.1.1 Overview

                                                12.1.2 Product Portfolio

                                                12.1.3 Financial Details

                                                12.1.4 SWOT Analysis

                                                12.1.5 Market Strategies

                                12.2 Eco Wave Power

                                12.3 Sinn Power GmbH

                                12.4 Nemos GmbH

                                12.5 Ocean Energy Systems

                                12.6 AWS Ocean Energy Ltd

                                12.7 Wave Swell Energy Ltd

                                12.8 Carnegie Clean Energy Limited

  1. Market Guidance
  2. Appendix

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