Global Drag Bits Market Growth 2024-2030

Publication ID:

LPI09244725

Publication Date:

September 27, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

Drag bits are drilling tools used primarily in the mining, oil, and gas industries to penetrate and grind through underground rock formations or sediments.
The global Drag Bits market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The 鈥淒rag Bits Industry Forecast鈥� looks at past sales and reviews total world Drag Bits sales in 2023, providing a comprehensive analysis by region and market sector of projected Drag Bits sales for 2024 through 2030. With Drag Bits sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drag Bits industry.
This Insight Report provides a comprehensive analysis of the global Drag Bits landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drag Bits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Drag Bits market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drag Bits and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drag Bits.
United States market for Drag Bits is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Drag Bits is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Drag Bits is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Drag Bits players cover Palmer Bit Co, Prime Hitech Engineering Limited, Talleres Segovia, KLR Industries Limited, Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Drag Bits market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Rotary Drag Bits
Percussion Drag Bits
Segmentation by Application:
Oil and Gas
Architecture
Mining
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Palmer Bit Co
Prime Hitech Engineering Limited
Talleres Segovia
KLR Industries Limited
Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd
Tube Technologies INC
Durga Engineering Works
KGR Industries
Hejian Hengji Bit Manufacture Co.,LTD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Drag Bits market?
What factors are driving Drag Bits market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Drag Bits market opportunities vary by end market size?
How does Drag Bits break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Drag Bits Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Drag Bits by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Drag Bits by Country/Region, 2019, 2023 & 2030
2.2 Drag Bits Segment by Type
2.2.1 Rotary Drag Bits
2.2.2 Percussion Drag Bits
2.3 Drag Bits Sales by Type
2.3.1 Global Drag Bits Sales Market Share by Type (2019-2024)
2.3.2 Global Drag Bits Revenue and Market Share by Type (2019-2024)
2.3.3 Global Drag Bits Sale Price by Type (2019-2024)
2.4 Drag Bits Segment by Application
2.4.1 Oil and Gas
2.4.2 Architecture
2.4.3 Mining
2.4.4 Others
2.5 Drag Bits Sales by Application
2.5.1 Global Drag Bits Sale Market Share by Application (2019-2024)
2.5.2 Global Drag Bits Revenue and Market Share by Application (2019-2024)
2.5.3 Global Drag Bits Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Drag Bits Breakdown Data by Company
3.1.1 Global Drag Bits Annual Sales by Company (2019-2024)
3.1.2 Global Drag Bits Sales Market Share by Company (2019-2024)
3.2 Global Drag Bits Annual Revenue by Company (2019-2024)
3.2.1 Global Drag Bits Revenue by Company (2019-2024)
3.2.2 Global Drag Bits Revenue Market Share by Company (2019-2024)
3.3 Global Drag Bits Sale Price by Company
3.4 Key Manufacturers Drag Bits Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Drag Bits Product Location Distribution
3.4.2 Players Drag Bits Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Drag Bits by Geographic Region
4.1 World Historic Drag Bits Market Size by Geographic Region (2019-2024)
4.1.1 Global Drag Bits Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Drag Bits Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Drag Bits Market Size by Country/Region (2019-2024)
4.2.1 Global Drag Bits Annual Sales by Country/Region (2019-2024)
4.2.2 Global Drag Bits Annual Revenue by Country/Region (2019-2024)
4.3 Americas Drag Bits Sales Growth
4.4 APAC Drag Bits Sales Growth
4.5 Europe Drag Bits Sales Growth
4.6 Middle East & Africa Drag Bits Sales Growth
5 Americas
5.1 Americas Drag Bits Sales by Country
5.1.1 Americas Drag Bits Sales by Country (2019-2024)
5.1.2 Americas Drag Bits Revenue by Country (2019-2024)
5.2 Americas Drag Bits Sales by Type (2019-2024)
5.3 Americas Drag Bits Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Drag Bits Sales by Region
6.1.1 APAC Drag Bits Sales by Region (2019-2024)
6.1.2 APAC Drag Bits Revenue by Region (2019-2024)
6.2 APAC Drag Bits Sales by Type (2019-2024)
6.3 APAC Drag Bits Sales by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Drag Bits by Country
7.1.1 Europe Drag Bits Sales by Country (2019-2024)
7.1.2 Europe Drag Bits Revenue by Country (2019-2024)
7.2 Europe Drag Bits Sales by Type (2019-2024)
7.3 Europe Drag Bits Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Drag Bits by Country
8.1.1 Middle East & Africa Drag Bits Sales by Country (2019-2024)
8.1.2 Middle East & Africa Drag Bits Revenue by Country (2019-2024)
8.2 Middle East & Africa Drag Bits Sales by Type (2019-2024)
8.3 Middle East & Africa Drag Bits Sales by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Drag Bits
10.3 Manufacturing Process Analysis of Drag Bits
10.4 Industry Chain Structure of Drag Bits
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Drag Bits Distributors
11.3 Drag Bits Customer
12 World Forecast Review for Drag Bits by Geographic Region
12.1 Global Drag Bits Market Size Forecast by Region
12.1.1 Global Drag Bits Forecast by Region (2025-2030)
12.1.2 Global Drag Bits Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Drag Bits Forecast by Type (2025-2030)
12.7 Global Drag Bits Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Palmer Bit Co
13.1.1 Palmer Bit Co Company Information
13.1.2 Palmer Bit Co Drag Bits Product Portfolios and Specifications
13.1.3 Palmer Bit Co Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Palmer Bit Co Main Business Overview
13.1.5 Palmer Bit Co Latest Developments
13.2 Prime Hitech Engineering Limited
13.2.1 Prime Hitech Engineering Limited Company Information
13.2.2 Prime Hitech Engineering Limited Drag Bits Product Portfolios and Specifications
13.2.3 Prime Hitech Engineering Limited Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Prime Hitech Engineering Limited Main Business Overview
13.2.5 Prime Hitech Engineering Limited Latest Developments
13.3 Talleres Segovia
13.3.1 Talleres Segovia Company Information
13.3.2 Talleres Segovia Drag Bits Product Portfolios and Specifications
13.3.3 Talleres Segovia Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Talleres Segovia Main Business Overview
13.3.5 Talleres Segovia Latest Developments
13.4 KLR Industries Limited
13.4.1 KLR Industries Limited Company Information
13.4.2 KLR Industries Limited Drag Bits Product Portfolios and Specifications
13.4.3 KLR Industries Limited Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 KLR Industries Limited Main Business Overview
13.4.5 KLR Industries Limited Latest Developments
13.5 Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd
13.5.1 Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd Company Information
13.5.2 Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd Drag Bits Product Portfolios and Specifications
13.5.3 Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd Main Business Overview
13.5.5 Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd Latest Developments
13.6 Tube Technologies INC
13.6.1 Tube Technologies INC Company Information
13.6.2 Tube Technologies INC Drag Bits Product Portfolios and Specifications
13.6.3 Tube Technologies INC Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Tube Technologies INC Main Business Overview
13.6.5 Tube Technologies INC Latest Developments
13.7 Durga Engineering Works
13.7.1 Durga Engineering Works Company Information
13.7.2 Durga Engineering Works Drag Bits Product Portfolios and Specifications
13.7.3 Durga Engineering Works Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Durga Engineering Works Main Business Overview
13.7.5 Durga Engineering Works Latest Developments
13.8 KGR Industries
13.8.1 KGR Industries Company Information
13.8.2 KGR Industries Drag Bits Product Portfolios and Specifications
13.8.3 KGR Industries Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 KGR Industries Main Business Overview
13.8.5 KGR Industries Latest Developments
13.9 Hejian Hengji Bit Manufacture Co.,LTD
13.9.1 Hejian Hengji Bit Manufacture Co.,LTD Company Information
13.9.2 Hejian Hengji Bit Manufacture Co.,LTD Drag Bits Product Portfolios and Specifications
13.9.3 Hejian Hengji Bit Manufacture Co.,LTD Drag Bits Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hejian Hengji Bit Manufacture Co.,LTD Main Business Overview
13.9.5 Hejian Hengji Bit Manufacture Co.,LTD Latest Developments
14 Research Findings and Conclusion

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