The global Mining Cone Bit market size was valued at US$ 606 million in 2024 and is forecast to a readjusted size of USD 785 million by 2031 with a CAGR of 3.8% during review period.
The cone bit is the most widely used drilling bit. When the cone bit is working, the cutting teeth alternately contact the bottom of the well, with small rock breaking torque, small contact area between the cutting teeth and the bottom of the well, high specific pressure, and easy to eat into the formation; The total length of the working edge is large, so the wear is relatively reduced. The cone bit can adapt to various formations from soft to hard.
This report is a detailed and comprehensive analysis for global Mining Cone Bit market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Mining Cone Bit market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Mining Cone Bit market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Mining Cone Bit market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Mining Cone Bit market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Mining Cone Bit
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Mining Cone Bit market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, Sandvik, Halliburton, Baker Hughes, Volgaburmash & Uralburmash, Universal Drilling Technique, Rubicon Oilfield International, ACE Drilling Tools, CENERG GLOBAL TOOLS, Feilong Retop, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Mining Cone Bit market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Double Cone
Tricone
Others
Market segment by Application
Underground Mining
Open Pit Mining
Major players covered
Schlumberger
Sandvik
Halliburton
Baker Hughes
Volgaburmash & Uralburmash
Universal Drilling Technique
Rubicon Oilfield International
ACE Drilling Tools
CENERG GLOBAL TOOLS
Feilong Retop
SHAREATE TOOLS
NOV Rig Technologies
Terelion
Smith Bits
Varel Energy Solutions
Hole Products
Sinopec Oilfield Equipment Corporation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mining Cone Bit product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mining Cone Bit, with price, sales quantity, revenue, and global market share of Mining Cone Bit from 2020 to 2025.
Chapter 3, the Mining Cone Bit competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mining Cone Bit breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Mining Cone Bit market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Mining Cone Bit.
Chapter 14 and 15, to describe Mining Cone Bit sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Mining Cone Bit Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Double Cone
1.3.3 Tricone
1.3.4 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global Mining Cone Bit Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Underground Mining
1.4.3 Open Pit Mining
1.5 Global Mining Cone Bit Market Size & Forecast
1.5.1 Global Mining Cone Bit Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Mining Cone Bit Sales Quantity (2020-2031)
1.5.3 Global Mining Cone Bit Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Schlumberger
2.1.1 Schlumberger Details
2.1.2 Schlumberger Major Business
2.1.3 Schlumberger Mining Cone Bit Product and Services
2.1.4 Schlumberger Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Schlumberger Recent Developments/Updates
2.2 Sandvik
2.2.1 Sandvik Details
2.2.2 Sandvik Major Business
2.2.3 Sandvik Mining Cone Bit Product and Services
2.2.4 Sandvik Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Sandvik Recent Developments/Updates
2.3 Halliburton
2.3.1 Halliburton Details
2.3.2 Halliburton Major Business
2.3.3 Halliburton Mining Cone Bit Product and Services
2.3.4 Halliburton Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Halliburton Recent Developments/Updates
2.4 Baker Hughes
2.4.1 Baker Hughes Details
2.4.2 Baker Hughes Major Business
2.4.3 Baker Hughes Mining Cone Bit Product and Services
2.4.4 Baker Hughes Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Baker Hughes Recent Developments/Updates
2.5 Volgaburmash & Uralburmash
2.5.1 Volgaburmash & Uralburmash Details
2.5.2 Volgaburmash & Uralburmash Major Business
2.5.3 Volgaburmash & Uralburmash Mining Cone Bit Product and Services
2.5.4 Volgaburmash & Uralburmash Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Volgaburmash & Uralburmash Recent Developments/Updates
2.6 Universal Drilling Technique
2.6.1 Universal Drilling Technique Details
2.6.2 Universal Drilling Technique Major Business
2.6.3 Universal Drilling Technique Mining Cone Bit Product and Services
2.6.4 Universal Drilling Technique Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Universal Drilling Technique Recent Developments/Updates
2.7 Rubicon Oilfield International
2.7.1 Rubicon Oilfield International Details
2.7.2 Rubicon Oilfield International Major Business
2.7.3 Rubicon Oilfield International Mining Cone Bit Product and Services
2.7.4 Rubicon Oilfield International Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Rubicon Oilfield International Recent Developments/Updates
2.8 ACE Drilling Tools
2.8.1 ACE Drilling Tools Details
2.8.2 ACE Drilling Tools Major Business
2.8.3 ACE Drilling Tools Mining Cone Bit Product and Services
2.8.4 ACE Drilling Tools Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 ACE Drilling Tools Recent Developments/Updates
2.9 CENERG GLOBAL TOOLS
2.9.1 CENERG GLOBAL TOOLS Details
2.9.2 CENERG GLOBAL TOOLS Major Business
2.9.3 CENERG GLOBAL TOOLS Mining Cone Bit Product and Services
2.9.4 CENERG GLOBAL TOOLS Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 CENERG GLOBAL TOOLS Recent Developments/Updates
2.10 Feilong Retop
2.10.1 Feilong Retop Details
2.10.2 Feilong Retop Major Business
2.10.3 Feilong Retop Mining Cone Bit Product and Services
2.10.4 Feilong Retop Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Feilong Retop Recent Developments/Updates
2.11 SHAREATE TOOLS
2.11.1 SHAREATE TOOLS Details
2.11.2 SHAREATE TOOLS Major Business
2.11.3 SHAREATE TOOLS Mining Cone Bit Product and Services
2.11.4 SHAREATE TOOLS Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 SHAREATE TOOLS Recent Developments/Updates
2.12 NOV Rig Technologies
2.12.1 NOV Rig Technologies Details
2.12.2 NOV Rig Technologies Major Business
2.12.3 NOV Rig Technologies Mining Cone Bit Product and Services
2.12.4 NOV Rig Technologies Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 NOV Rig Technologies Recent Developments/Updates
2.13 Terelion
2.13.1 Terelion Details
2.13.2 Terelion Major Business
2.13.3 Terelion Mining Cone Bit Product and Services
2.13.4 Terelion Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Terelion Recent Developments/Updates
2.14 Smith Bits
2.14.1 Smith Bits Details
2.14.2 Smith Bits Major Business
2.14.3 Smith Bits Mining Cone Bit Product and Services
2.14.4 Smith Bits Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Smith Bits Recent Developments/Updates
2.15 Varel Energy Solutions
2.15.1 Varel Energy Solutions Details
2.15.2 Varel Energy Solutions Major Business
2.15.3 Varel Energy Solutions Mining Cone Bit Product and Services
2.15.4 Varel Energy Solutions Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Varel Energy Solutions Recent Developments/Updates
2.16 Hole Products
2.16.1 Hole Products Details
2.16.2 Hole Products Major Business
2.16.3 Hole Products Mining Cone Bit Product and Services
2.16.4 Hole Products Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Hole Products Recent Developments/Updates
2.17 Sinopec Oilfield Equipment Corporation
2.17.1 Sinopec Oilfield Equipment Corporation Details
2.17.2 Sinopec Oilfield Equipment Corporation Major Business
2.17.3 Sinopec Oilfield Equipment Corporation Mining Cone Bit Product and Services
2.17.4 Sinopec Oilfield Equipment Corporation Mining Cone Bit Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Sinopec Oilfield Equipment Corporation Recent Developments/Updates
3 Competitive Environment: Mining Cone Bit by Manufacturer
3.1 Global Mining Cone Bit Sales Quantity by Manufacturer (2020-2025)
3.2 Global Mining Cone Bit Revenue by Manufacturer (2020-2025)
3.3 Global Mining Cone Bit Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Mining Cone Bit by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Mining Cone Bit Manufacturer Market Share in 2024
3.4.3 Top 6 Mining Cone Bit Manufacturer Market Share in 2024
3.5 Mining Cone Bit Market: Overall Company Footprint Analysis
3.5.1 Mining Cone Bit Market: Region Footprint
3.5.2 Mining Cone Bit Market: Company Product Type Footprint
3.5.3 Mining Cone Bit Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Mining Cone Bit Market Size by Region
4.1.1 Global Mining Cone Bit Sales Quantity by Region (2020-2031)
4.1.2 Global Mining Cone Bit Consumption Value by Region (2020-2031)
4.1.3 Global Mining Cone Bit Average Price by Region (2020-2031)
4.2 North America Mining Cone Bit Consumption Value (2020-2031)
4.3 Europe Mining Cone Bit Consumption Value (2020-2031)
4.4 Asia-Pacific Mining Cone Bit Consumption Value (2020-2031)
4.5 South America Mining Cone Bit Consumption Value (2020-2031)
4.6 Middle East & Africa Mining Cone Bit Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Mining Cone Bit Sales Quantity by Type (2020-2031)
5.2 Global Mining Cone Bit Consumption Value by Type (2020-2031)
5.3 Global Mining Cone Bit Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Mining Cone Bit Sales Quantity by Application (2020-2031)
6.2 Global Mining Cone Bit Consumption Value by Application (2020-2031)
6.3 Global Mining Cone Bit Average Price by Application (2020-2031)
7 North America
7.1 North America Mining Cone Bit Sales Quantity by Type (2020-2031)
7.2 North America Mining Cone Bit Sales Quantity by Application (2020-2031)
7.3 North America Mining Cone Bit Market Size by Country
7.3.1 North America Mining Cone Bit Sales Quantity by Country (2020-2031)
7.3.2 North America Mining Cone Bit Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Mining Cone Bit Sales Quantity by Type (2020-2031)
8.2 Europe Mining Cone Bit Sales Quantity by Application (2020-2031)
8.3 Europe Mining Cone Bit Market Size by Country
8.3.1 Europe Mining Cone Bit Sales Quantity by Country (2020-2031)
8.3.2 Europe Mining Cone Bit Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Mining Cone Bit Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Mining Cone Bit Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Mining Cone Bit Market Size by Region
9.3.1 Asia-Pacific Mining Cone Bit Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Mining Cone Bit Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Mining Cone Bit Sales Quantity by Type (2020-2031)
10.2 South America Mining Cone Bit Sales Quantity by Application (2020-2031)
10.3 South America Mining Cone Bit Market Size by Country
10.3.1 South America Mining Cone Bit Sales Quantity by Country (2020-2031)
10.3.2 South America Mining Cone Bit Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Mining Cone Bit Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Mining Cone Bit Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Mining Cone Bit Market Size by Country
11.3.1 Middle East & Africa Mining Cone Bit Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Mining Cone Bit Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Mining Cone Bit Market Drivers
12.2 Mining Cone Bit Market Restraints
12.3 Mining Cone Bit Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Mining Cone Bit and Key Manufacturers
13.2 Manufacturing Costs Percentage of Mining Cone Bit
13.3 Mining Cone Bit Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Mining Cone Bit Typical Distributors
14.3 Mining Cone Bit Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Schlumberger
Sandvik
Halliburton
Baker Hughes
Volgaburmash & Uralburmash
Universal Drilling Technique
Rubicon Oilfield International
ACE Drilling Tools
CENERG GLOBAL TOOLS
Feilong Retop
SHAREATE TOOLS
NOV Rig Technologies
Terelion
Smith Bits
Varel Energy Solutions
Hole Products
Sinopec Oilfield Equipment Corporation
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*If Applicable.