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PDC drill bits in oil and gas industry market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the PDC drill bits in oil and gas industry market and it is poised to grow by $ 31.70 mn during 2020-2024 progressing at a CAGR of 1% during the forecast period. The report on PDC drill bits in oil and gas industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased use of horizontal and multilateral wells and the growing consumption of oil and natural gas. In addition, increased use of horizontal and multilateral wells is anticipated to boost the growth of the market as well.
The PDC drill bits in oil and gas industry market analysis includes the application segment and geographical landscapes.
The PDC drill bits in oil and gas industry market is segmented as below:
By Application
- Onshore
- Offshore
By Geographical Landscapes
- North America
- MEA
- APAC
- Europe
- South America
This study identifies the rising investments in the shale industry as one of the prime reasons driving the PDC drill bits in oil and gas industry market growth during the next few years.
The report PDC drill bits in oil and gas industry market covers the following areas:
- PDC drill bits in oil and gas industry market sizing
- PDC drill bits in oil and gas industry market forecast
- PDC drill bits in oil and gas industry market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading PDC drill bits in oil and gas industry market vendors that include Atlas Copco AB, General Electric Co., Halliburton Co., National Oilwell Varco Inc., Sandvik AB, Schlumberger Ltd., SHEAR BITS, Sichuan Chuanshi Diamond Bit Co. Ltd., Ulterra Drilling Technologies L.P., and Varel International Ind. LLC. Also, the PDC drill bits in oil and gas industry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Exhibit
Executive Summary
The publisher recognizes the following companies as the key players in the PDC drill bits in oil and gas industry market: Atlas Copco AB, General Electric Co., Halliburton Co., National Oilwell Varco Inc., Sandvik AB, Schlumberger Ltd., SHEAR BITS, Sichuan Chuanshi Diamond Bit Co. Ltd., Ulterra Drilling Technologies L.P., and Varel International Ind. LLC.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising investments in the shale industry.'
According to the report, one of the major drivers for this market is the increased use of horizontal and multilateral wells.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Copco AB
- General Electric Co.
- Halliburton Co.
- National Oilwell Varco Inc.
- Sandvik AB
- Schlumberger Ltd.
- SHEAR BITS
- Sichuan Chuanshi Diamond Bit Co. Ltd.
- Ulterra Drilling Technologies L.P.
- Varel International Ind. LLC
