

A drag bit is a drill bit usually designed for use in soft formations such as sand, clay, or some soft rock. However, they will not work well in coarse gravel or hard rock formations. Drag bitsÌýhave a wide range ofÌýdrillingÌýapplications including environmental, geothermal, water well, road construction, natural gas and oilfieldÌýdrilling.
The global Drag Drill Bits market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Asia-Pacific is the fastest growing market.
This report aims to provide a comprehensive presentation of the global market for Drag Drill Bits, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drag Drill Bits.
Report Scope
The Drag Drill Bits market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Drag Drill Bits market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drag Drill Bits manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Robit
ACE Drilling Tools
Technidrill
Bit Brokers
Rocksmith
Rockpecker
Drillwell Limited
Infinity Tool MFG
Henan Drills-King
Guizhou Sinodrills Equipment Co., LTD (GSE)
PAT
Ame Drill
Segment by Type
2 Wing Drag Drill Bits
3 Wing Drag Drill Bits
4 Wing Drag Drill Bits
Others
Segment by Application
Water Wells
Mining
Geothermal
Environmental
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Drag Drill Bits manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drag Drill Bits by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Drag Drill Bits in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Drag Drill Bits Market Overview
1.1 Product Definition
1.2 Drag Drill Bits Segment by Type
1.2.1 Global Drag Drill Bits Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 2 Wing Drag Drill Bits
1.2.3 3 Wing Drag Drill Bits
1.2.4 4 Wing Drag Drill Bits
1.2.5 Others
1.3 Drag Drill Bits Segment by Application
1.3.1 Global Drag Drill Bits Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Water Wells
1.3.3 Mining
1.3.4 Geothermal
1.3.5 Environmental
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Drag Drill Bits Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Drag Drill Bits Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Drag Drill Bits Production Estimates and Forecasts (2019-2030)
1.4.4 Global Drag Drill Bits Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drag Drill Bits Production Market Share by Manufacturers (2019-2024)
2.2 Global Drag Drill Bits Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Drag Drill Bits, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Drag Drill Bits Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Drag Drill Bits Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Drag Drill Bits, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drag Drill Bits, Product Offered and Application
2.8 Global Key Manufacturers of Drag Drill Bits, Date of Enter into This Industry
2.9 Drag Drill Bits Market Competitive Situation and Trends
2.9.1 Drag Drill Bits Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drag Drill Bits Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drag Drill Bits Production by Region
3.1 Global Drag Drill Bits Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Drag Drill Bits Production Value by Region (2019-2030)
3.2.1 Global Drag Drill Bits Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Drag Drill Bits by Region (2025-2030)
3.3 Global Drag Drill Bits Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Drag Drill Bits Production by Region (2019-2030)
3.4.1 Global Drag Drill Bits Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Drag Drill Bits by Region (2025-2030)
3.5 Global Drag Drill Bits Market Price Analysis by Region (2019-2024)
3.6 Global Drag Drill Bits Production and Value, Year-over-Year Growth
3.6.1 North America Drag Drill Bits Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Drag Drill Bits Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Drag Drill Bits Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Drag Drill Bits Production Value Estimates and Forecasts (2019-2030)
4 Drag Drill Bits Consumption by Region
4.1 Global Drag Drill Bits Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Drag Drill Bits Consumption by Region (2019-2030)
4.2.1 Global Drag Drill Bits Consumption by Region (2019-2024)
4.2.2 Global Drag Drill Bits Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Drag Drill Bits Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Drag Drill Bits Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drag Drill Bits Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Drag Drill Bits Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Drag Drill Bits Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Drag Drill Bits Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Drag Drill Bits Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Drag Drill Bits Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Drag Drill Bits Production by Type (2019-2030)
5.1.1 Global Drag Drill Bits Production by Type (2019-2024)
5.1.2 Global Drag Drill Bits Production by Type (2025-2030)
5.1.3 Global Drag Drill Bits Production Market Share by Type (2019-2030)
5.2 Global Drag Drill Bits Production Value by Type (2019-2030)
5.2.1 Global Drag Drill Bits Production Value by Type (2019-2024)
5.2.2 Global Drag Drill Bits Production Value by Type (2025-2030)
5.2.3 Global Drag Drill Bits Production Value Market Share by Type (2019-2030)
5.3 Global Drag Drill Bits Price by Type (2019-2030)
6 Segment by Application
6.1 Global Drag Drill Bits Production by Application (2019-2030)
6.1.1 Global Drag Drill Bits Production by Application (2019-2024)
6.1.2 Global Drag Drill Bits Production by Application (2025-2030)
6.1.3 Global Drag Drill Bits Production Market Share by Application (2019-2030)
6.2 Global Drag Drill Bits Production Value by Application (2019-2030)
6.2.1 Global Drag Drill Bits Production Value by Application (2019-2024)
6.2.2 Global Drag Drill Bits Production Value by Application (2025-2030)
6.2.3 Global Drag Drill Bits Production Value Market Share by Application (2019-2030)
6.3 Global Drag Drill Bits Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Robit
7.1.1 Robit Drag Drill Bits Corporation Information
7.1.2 Robit Drag Drill Bits Product Portfolio
7.1.3 Robit Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Robit Main Business and Markets Served
7.1.5 Robit Recent Developments/Updates
7.2 ACE Drilling Tools
7.2.1 ACE Drilling Tools Drag Drill Bits Corporation Information
7.2.2 ACE Drilling Tools Drag Drill Bits Product Portfolio
7.2.3 ACE Drilling Tools Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ACE Drilling Tools Main Business and Markets Served
7.2.5 ACE Drilling Tools Recent Developments/Updates
7.3 Technidrill
7.3.1 Technidrill Drag Drill Bits Corporation Information
7.3.2 Technidrill Drag Drill Bits Product Portfolio
7.3.3 Technidrill Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Technidrill Main Business and Markets Served
7.3.5 Technidrill Recent Developments/Updates
7.4 Bit Brokers
7.4.1 Bit Brokers Drag Drill Bits Corporation Information
7.4.2 Bit Brokers Drag Drill Bits Product Portfolio
7.4.3 Bit Brokers Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bit Brokers Main Business and Markets Served
7.4.5 Bit Brokers Recent Developments/Updates
7.5 Rocksmith
7.5.1 Rocksmith Drag Drill Bits Corporation Information
7.5.2 Rocksmith Drag Drill Bits Product Portfolio
7.5.3 Rocksmith Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rocksmith Main Business and Markets Served
7.5.5 Rocksmith Recent Developments/Updates
7.6 Rockpecker
7.6.1 Rockpecker Drag Drill Bits Corporation Information
7.6.2 Rockpecker Drag Drill Bits Product Portfolio
7.6.3 Rockpecker Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Rockpecker Main Business and Markets Served
7.6.5 Rockpecker Recent Developments/Updates
7.7 Drillwell Limited
7.7.1 Drillwell Limited Drag Drill Bits Corporation Information
7.7.2 Drillwell Limited Drag Drill Bits Product Portfolio
7.7.3 Drillwell Limited Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Drillwell Limited Main Business and Markets Served
7.7.5 Drillwell Limited Recent Developments/Updates
7.8 Infinity Tool MFG
7.8.1 Infinity Tool MFG Drag Drill Bits Corporation Information
7.8.2 Infinity Tool MFG Drag Drill Bits Product Portfolio
7.8.3 Infinity Tool MFG Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Infinity Tool MFG Main Business and Markets Served
7.7.5 Infinity Tool MFG Recent Developments/Updates
7.9 Henan Drills-King
7.9.1 Henan Drills-King Drag Drill Bits Corporation Information
7.9.2 Henan Drills-King Drag Drill Bits Product Portfolio
7.9.3 Henan Drills-King Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Henan Drills-King Main Business and Markets Served
7.9.5 Henan Drills-King Recent Developments/Updates
7.10 Guizhou Sinodrills Equipment Co., LTD (GSE)
7.10.1 Guizhou Sinodrills Equipment Co., LTD (GSE) Drag Drill Bits Corporation Information
7.10.2 Guizhou Sinodrills Equipment Co., LTD (GSE) Drag Drill Bits Product Portfolio
7.10.3 Guizhou Sinodrills Equipment Co., LTD (GSE) Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Guizhou Sinodrills Equipment Co., LTD (GSE) Main Business and Markets Served
7.10.5 Guizhou Sinodrills Equipment Co., LTD (GSE) Recent Developments/Updates
7.11 PAT
7.11.1 PAT Drag Drill Bits Corporation Information
7.11.2 PAT Drag Drill Bits Product Portfolio
7.11.3 PAT Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.11.4 PAT Main Business and Markets Served
7.11.5 PAT Recent Developments/Updates
7.12 Ame Drill
7.12.1 Ame Drill Drag Drill Bits Corporation Information
7.12.2 Ame Drill Drag Drill Bits Product Portfolio
7.12.3 Ame Drill Drag Drill Bits Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Ame Drill Main Business and Markets Served
7.12.5 Ame Drill Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drag Drill Bits Industry Chain Analysis
8.2 Drag Drill Bits Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drag Drill Bits Production Mode & Process
8.4 Drag Drill Bits Sales and Marketing
8.4.1 Drag Drill Bits Sales Channels
8.4.2 Drag Drill Bits Distributors
8.5 Drag Drill Bits Customers
9 Drag Drill Bits Market Dynamics
9.1 Drag Drill Bits Industry Trends
9.2 Drag Drill Bits Market Drivers
9.3 Drag Drill Bits Market Challenges
9.4 Drag Drill Bits Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Robit
ACE Drilling Tools
Technidrill
Bit Brokers
Rocksmith
Rockpecker
Drillwell Limited
Infinity Tool MFG
Henan Drills-King
Guizhou Sinodrills Equipment Co., LTD (GSE)
PAT
Ame Drill
Ìý
Ìý
*If Applicable.