Drilling Tools Market Size, Share, Growth Analysis, Forecast (2024)

EXHIBIT 1 MARKET SIZE CALCULATION APPROACH (2023)

EXHIBIT 2 TOP FIVE COAL-PRODUCING ECONOMICS 2022 (MN TONNES)

EXHIBIT 3 KEY MARKET DYNAMICS OF OIL AND GAS SECTOR

EXHIBIT 4 TOP COUNTRIES AGRICULTURE PRODUCTION DATA (2022)

EXHIBIT 5 IMPACT OF TECHNOLOGICAL ADVANCES ON DRILLING TOOLS

EXHIBIT 6 INNOVATIONS IN DRILLING TECHNOLOGY

EXHIBIT 7 IMPACT OF INCREASED CONSTRUCTION IN HOSPITALITY INDUSTRY

EXHIBIT 8 GLOBAL TRAVEL & TOURISM INDUSTRY DATA (2022)

EXHIBIT 9 MEA NEW HOTEL CONSTRUCTION PIPELINE PROJECTS (2024)

EXHIBIT 10 IMPACT OF SURGING INVESTMENTS IN AGRICULTURE SECTOR

EXHIBIT 11 TOP COUNTRIES TOTAL AGRICULTURE ODA FUNDING IN 2022($ BN)

EXHIBIT 12 IMPACT OF INCREASED DEMAND FOR HIGH-QUALITY BASE OIL

EXHIBIT 13 RISING DEMAND FOR HIGH-QUALITY BASE OIL DRIVES NEED FOR DRILLING TOOLS

EXHIBIT 14 IMPACT OF RISING NEED FOR DRILLING AND BORING

EXHIBIT 15 GROWING REQUIREMENT FOR DRILLING AND BORING ACTIVITIES CONTRIBUTES TO HEIGHTENED DEMAND FOR DRILLING TOOLS

EXHIBIT 16 IMPACT OF GOVERNMENT SUBSIDIES PROPEL AGRICULTURE INDUSTRY

EXHIBIT 17 ADVANTAGES OF DRILLING TECHNOLOGY OVER TRADITIONAL METHODS

EXHIBIT 18 KEY HIGHLIGHTS OF AGRICULTURAL SUBSIDIES

EXHIBIT 19 IMPACT OF TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS

EXHIBIT 20IMPACT OF FLUCTUATING RAW MATERIAL PRICES

EXHIBIT 21 IMPACT OF VOLATILITY ON CRUDE OIL PRICES

EXHIBIT 22 BRENT CRUDE OIL PRICE ($ PER BARREL)

EXHIBIT 23 IMPACT OF INCREASE IN OPERATIONAL COST

EXHIBIT 24 OPERATIONAL COST SNAPSHOT

EXHIBIT 25 KEY HIGHLIGHTS OF DRILLER TOOLS

EXHIBIT 26 GLOBAL DRILLING TOOLS MARKET 2023–2029 ($ BILLION)

EXHIBIT 27 FIVE FORCES ANALYSIS (2023)

EXHIBIT 28 INCREMENTAL GROWTH BY TYPE (2023 & 2029)

EXHIBIT 29 CHINA UPPING HYDROCARBON PRODUCTION, NATURAL GAS EXPLORATION, AND GREEN POWER ANTE (2024)

EXHIBIT 30 KEY MARKET INSIGHTS OF DRILL TOOLS

EXHIBIT 31 GLOBAL DRILL BITS MARKET 2023–2029 ($ BILLION)

EXHIBIT 32 DRIVING FACTORS FOR GROWTH OF DRILL COLLAR MARKET

EXHIBIT 33 GLOBAL DRILL COLLAR MARKET 2023–2029 ($ BILLION)

EXHIBIT 34 DRILL JAR KEY MARKET INSIGHTS

EXHIBIT 35 GLOBAL DRILL JAR MARKET 2023–2029 ($ BILLION)

EXHIBIT 36 DRILLING TUBULAR KEY MARKET INSIGHTS

EXHIBIT 37 GLOBAL DRILL TUBULAR MARKET 2023–2029 ($ BILLION)

EXHIBIT 38 DRILLING MOTORS KEY MARKET INSIGHTS

EXHIBIT 39 GLOBAL DRILLING MOTOR MARKET 2023–2029 ($ BILLION)

EXHIBIT 40 DRILL SWIVEL KEY MARKET INSIGHTS

EXHIBIT 41 GLOBAL DRILL SWIVELS MARKET 2023–2029 ($ BILLION)

EXHIBIT 42 DRILL STABILIZERS AND REAMERS KEY MARKET INSIGHTS

EXHIBIT 43 GLOBAL DRILL STABILIZERS AND REAMERS MARKET 2023–2029 ($ BILLION)

EXHIBIT 44 FEATURES OF MECHANICAL THRUSTER

EXHIBIT 45 OTHER DRILLING TOOLS KEY MARKET INSIGHTS

EXHIBIT 46 GLOBAL OTHERS DRILLING TOOLS MARKET 2023–2029 ($ BILLION)

EXHIBIT 47 INCREMENTAL GROWTH BY DRILLING TECHNIQUES (2023 & 2029)

EXHIBIT 48 GLOBAL HORIZONTAL DIRECTIONAL DRILLING MARKET 2023–2029 ($ BILLION)

EXHIBIT 49 BENEFITS AND CHALLENGES OF HORIZONTAL DIRECTIONAL DRILLING TECHNIQUES

EXHIBIT 50 KEY ADVANTAGES OF CONVENTIONAL DRILLING TECHNIQUE

EXHIBIT 51 GLOBAL CONVENTIONAL DRILLING MARKET 2023–2029 ($ BILLION)

EXHIBIT 52 BENEFITS AND CHALLENGES OF CONVENTIONAL DRILLING TECHNIQUES

EXHIBIT 53 COILED TUBING DRILLING (CTD) ADVANTAGES AND DISADVANTAGES

EXHIBIT 54 MANAGED PRESSURE DRILLING (MPD) ADVANTAGES AND DISADVANTAGES

EXHIBIT 55 HYDRAULIC FRACTURING ADVANTAGES AND DISADVANTAGES

EXHIBIT 56 GLOBAL OTHER DRILLING TECHNIQUE MARKET 2023–2029 ($ BILLION)

EXHIBIT 57 INCREMENTAL GROWTH BY APPLICATION (2023 & 2029)

EXHIBIT 58 TOTAL NUMBER OF DRILLING PROJECTS GLOBALLY (2023)

EXHIBIT 59 GLOBAL TOP FIVE UPCOMING OIL REFINERIES (2023 -2029)

EXHIBIT 60 GLOBAL LIQUIDS & GAS PRODUCTION OUTLOOK BY REGION (MMBOE)

EXHIBIT 61 KEY GROWTH FACTORS

EXHIBIT 62 GLOBAL ONSHORE DRILLING MARKET 2023–2029 ($ BILLION)

EXHIBIT 129 INCREMENTAL GROWTH IN MEA 2023 & 2029 ($ BILLION)

EXHIBIT 130 DRILLING TOOLS MARKET IN SAUDI ARABIA 2023–2029 ($ BILLION)

EXHIBIT 131 UAE DRILLING TOOLS MARKET 2023–2029 ($ BILLION)

EXHIBIT 132 SOUTH AFRICA REGION DRILL RIG OPERATION COUNT

EXHIBIT 133 DRILLING TOOLS MARKET IN SOUTH AFRICA 2023–2029 ($ BILLION)

EXHIBIT 134 LATIN AMERICA DRILL RIG OPERATION COUNT

EXHIBIT 135 VALUE OF CONSTRUCTION INDUSTRY IN LATIN AMERICA 2022 ($ BILLION)

EXHIBIT 136 DRILLING TOOL MARKET IN LATIN AMERICA 2023–2029 ($ BILLION)

EXHIBIT 137 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029 ($ BILLION)

EXHIBIT 138 DRILLING TOOLS MARKET IN BRAZIL 2023–2029 ($ BILLION)

EXHIBIT 139 CRUDE OIL & NATURAL GAS PRODUCTION IN MEXICO NOVEMBER 2019–2022

EXHIBIT 140 DRILLING TOOLS MARKET IN MEXICO 2023–2029 ($ BILLION)

EXHIBIT 141 DRILLING TOOLS MARKET IN CHILE 2023–2029 ($ BILLION)

EXHIBIT 142 KEY CAVEATS

LIST OF TABLES

TABLE 1 TOP 20 OIL PRODUCERS (2021–2022) (MILLION BARRELS PER DAY)

TABLE 2 FOOD AND AGRICULTURE ORGANIZATION OF UNITED NATIONS - EXPORT REVENUE (2022)

TABLE 3 NORTH AMERICA’S LARGEST WATER & SEWAGE CONSTRUCTION PROJECTS 2021 - 2024

TABLE 4 DRILL BITS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 5 DRILL COLLAR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 6 DRILL JAR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 7 DRILL TUBULAR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 8 DRILLING MOTOR MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 9 DRILL SWIVELS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 10 DRILL STABILIZERS AND REAMERS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 11 OTHERS DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 12 HORIZONTAL DIRECTIONAL DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 13 CONVENTIONAL DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 14 OTHER DRILLING TECHNIQUE MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 15 ONSHORE DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 16 OFFSHORE DRILLING MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 17 GAS CHEMICAL COMPLEX CONSTRUCTION PROJECTS 202- 2025 ($BILLION)

TABLE 18 DRILLING TOOLS MARKET BY OIL AND GAS BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 19 CONSTRUCTION PROJECTS IN MINING INDUSTRY 2022 – 2025 ($ MILLION)

TABLE 20 DRILLING TOOLS MARKET BY MINING BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 21 NORTH AMERICA FIVE LARGEST HOSPITAL CONSTRUCTION PROJECTS 2022-2030 ($ MILLION)

TABLE 22 CONSTRUCTION PROJECTS IN OTHER INDUSTRY 2022 - 2026 ($ MILLION)

TABLE 23 ASIA PACIFIC FIVE LARGEST AIRPORT INFRASTRUCTURE CONSTRUCTION IN 2021-2025 ($ MILLION)

TABLE 24 DRILLING TOOLS MARKET BY OTHERS BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 25 NORTH AMERICA UPSTREAM MERGERS & ACQUISITIONS DEALS

TABLE 26 DRILLING TOOL MARKET IN NORTH AMERICA BY TYPE 2023−2029 ($ BILLION)

TABLE 27 DRILLING TOOL MARKET IN NORTH AMERICA BY APPLICATION2023−2029 ($ BILLION)

TABLE 28 DRILLING TOOL MARKET IN NORTH AMERICA BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 29 DRILLING TOOL MARKET IN NORTH AMERICA BY END USERS 2023−2029 ($ BILLION)

TABLE 30 PRIVATE & GOVERNMENT OFFICE BUILDING CONSTRUCTION PROJECTS (2021–2024)

TABLE 31 FIVE LARGEST MANUFACTURING PLANT CONSTRUCTION PROJECTS IN EUROPE(2022)

TABLE 32 DRILLING TOOL MARKET IN EUROPE BY TYPE 2023−2029 ($ BILLION)

TABLE 33 DRILLING TOOL MARKET IN EUROPE BY APPLICATION 2023−2029 ($ BILLION)

TABLE 34 DRILLING TOOL MARKET IN EUROPE BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 35 DRILLING TOOL MARKET IN EUROPE BY END USERS 2023−2029 ($ BILLION)

TABLE 36 POWERHOUSE CONSTRUCTION PROJECTS IN GERMANY (2022)

TABLE 37 FIVE BUILDING CONSTRUCTION PROJECTS (2022)

TABLE 38 COMPLETED & NEW CONSTRUCTION STATISTICS FOR POLAND (2022–2024)

TABLE 39 FIVE RESIDENTIAL AND COMMERCIAL CONSTRUCTION PROJECTS (2022)

TABLE 40 MULTI-FAMILY HOUSING CONSTRUCTION PROJECTS 2022–2024 ($ MILLION)

TABLE 41 DRILLING TOOL MARKET IN APAC BY TYPE 2023−2029 ($ BILLION)

TABLE 42 DRILLING TOOL MARKET IN APAC BY APPLICATION2023−2029 ($ BILLION)

TABLE 43 DRILLING TOOL MARKET IN APAC BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 44 DRILLING TOOL MARKET IN APAC BY END USERS 2023−2029 ($ BILLION)

TABLE 45 TOP FIVE LARGEST CONSTRUCTION PROJECTS INITIATED 2022–2024 ($ MILLION)

TABLE 46 INDUSTRIAL CONSTRUCTION PROJECTS IN JAPAN (2022)

TABLE 47 BUILDING APPROVALS AUSTRALIA 2022 (UNITS)

TABLE 48 INDUSTRIAL CONSTRUCTION PROJECTS IN AUSTRALIA (2020–2023)

TABLE 49 GLOBAL DRILLING TOOL MARKET IN MEA BY TYPE 2023−2029 ($ BILLION)

TABLE 50 GLOBAL DRILLING TOOL MARKET IN MEA BY APPLICATION2023−2029 ($ BILLION)

TABLE 51 DRILLING TOOL MARKET IN MEA BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 52 DRILLING TOOL MARKET IN MEA BY END USERS 2023−2029 ($ BILLION)

TABLE 53 UPCOMING OIL AND REFINERY EXPANSION PROJECTS IN UAE (2022–2027)

TABLE 54 LIQUEFIED NATURAL GAS AND REFINERY OIL EXPANSION PROJECTS IN SOUTH AFRICA (2024-2028)

TABLE 55 DRILLING TOOL MARKET IN LATIN AMERICA BY TYPES 2023−2029 ($ BILLION)

TABLE 56 DRILLING TOOL MARKET IN LATIN AMERICA BY APPLICATION 2023−2029 ($ BILLION)

TABLE 57 DRILLING TOOL MARKET IN LATIN AMERICA BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 58 DRILLING TOOL MARKET IN LATIN AMERICA BY END USERS 2023−2029 ($ BILLION)

TABLE 59 LARGEST CONSTRUCTION PROJECTS OF OIL AND GAS PLANTS IN BRAZIL

TABLE 60 FIVE LARGEST CONSTRUCTION PROJECTS INITIATED IN CHILE (2024-2027)

TABLE 61 REGIONAL EMPLOYEES AND LOCATIONS

TABLE 62 CONTINENTAL: MAJOR PRODUCT OFFERINGS

TABLE 63 CORE COMPETENCIES IN THE SEGMENTS

TABLE 64 INFINEON TECHNOLOGIES: MAJOR PRODUCT OFFERINGS

TABLE 65 BENCHMARK: MAJOR PRODUCT OFFERINGS

TABLE 66 BAKER HUGHES: MAJOR PRODUCT OFFERINGS

TABLE 67 HALLIBURTON: MAJOR PRODUCT OFFERINGS

TABLE 68 NATIONAL OILWELL VARCO: MAJOR PRODUCT OFFERINGS

TABLE 69 AMPHENOL: MAJOR PRODUCT OFFERINGS

TABLE 70 ANALOG DEVICES: MAJOR PRODUCT OFFERINGS

TABLE 71 SCHLUMBERGER: MAJOR PRODUCT OFFERINGS

TABLE 72 SMITH INTERNATIONAL: MAJOR PRODUCT OFFERINGS

TABLE 73 WEATHERFORD: MAJOR PRODUCT OFFERINGS

TABLE 74 COUGAR DRILLING SOLUTIONS: MAJOR PRODUCT OFFERINGS

TABLE 75 DOSCO: MAJOR PRODUCT OFFERINGS

TABLE 76 DRILLING TOOLS INTERNATIONAL: MAJOR PRODUCT OFFERINGS

TABLE 77 DRILFORMANCE: MAJOR PRODUCT OFFERINGS

TABLE 78 RUBICON OILFIELD INTERNATIONAL: MAJOR PRODUCT OFFERINGS

TABLE 79 BICO DRILLING TOOLS: MAJOR PRODUCT OFFERINGS

TABLE 80 DYNOMAX DRILLING TOOLS INC: MAJOR PRODUCT OFFERINGS

TABLE 81 GYRODATA: MAJOR PRODUCT OFFERINGS

TABLE 82 PACESETTER DIRECTIONAL DRILLING: MAJOR PRODUCT OFFERINGS

TABLE 83 PRECISION DRILLING CORP: MAJOR PRODUCT OFFERINGS

TABLE 84 SCIENTIFIC DRILLING INTERNATIONAL: MAJOR PRODUCT OFFERINGS

TABLE 85 TIANHE OIL GROUP CO LTD: MAJOR PRODUCT OFFERINGS

TABLE 86 WENZEL DOWNHOLE TOOLS LTD: MAJOR PRODUCT OFFERINGS

TABLE 87 SANDVIK AB: MAJOR PRODUCT OFFERINGS

TABLE 88 ATLAS COPCO: MAJOR PRODUCT OFFERINGS

TABLE 89 GLOBAL DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 90 GLOBAL DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)

TABLE 91 GLOBAL DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)

TABLE 92 GLOBAL DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 93 GLOBAL DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)

TABLE 94 APAC DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 95 APAC DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)

TABLE 96 APAC DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)

TABLE 97 APAC DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 98 APAC DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)

TABLE 99 NORTH AMERICA DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 100 NORTH AMERICA DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)

TABLE 101 NORTH AMERICA DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)

TABLE 102 NORTH AMERICA DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 103 NORTH AMERICA DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)

TABLE 104 EUROPE DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 105 EUROPE DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)

TABLE 106 EUROPE DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)

TABLE 107 EUROPE DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 108 EUROPE DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)

TABLE 109 LATIN AMERICA DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 110 LATIN AMERICA DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)

TABLE 111 LATIN AMERICA DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)

TABLE 112 LATIN AMERICA DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 113 LATIN AMERICA DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)

TABLE 114 MEA DRILLING TOOLS MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 115 MEA DRILLING TOOLS MARKET BY TYPES 2023−2029 ($ BILLION)

TABLE 116 MEA DRILLING TOOLS MARKET BY APPLICATION 2023−2029 ($ BILLION)

TABLE 117 MEA DRILLING TOOLS MARKET BY DRILLING TECHNIQUES 2023−2029 ($ BILLION)

TABLE 118 MEA DRILLING TOOLS MARKET BY END USER 2023−2029 ($ BILLION)

TABLE 119 CURRENCY CONVERSION (2016−2023)