Global Drilling Tool Elevator Market Research Report 2025

Publication ID:

PB502256072

Publication Date:

February 25, 2025

Pages:

101

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global market for Drilling Tool Elevator was valued at US$ 1291 million in the year 2024 and is projected to reach a revised size of US$ 1877 million by 2031, growing at a CAGR of 5.5% during the forecast period.
Drilling Tool Elevator is an important tool used in oil and gas drilling operations, mainly used to support and hang drilling tools, especially during the drilling process, to ensure that the drilling tools (such as drill rods, drill bits, etc.) are in a stable working state. It is usually used together with hooks and hoisting devices to ensure the safety of drilling tool operation.
North American market for Drilling Tool Elevator is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Drilling Tool Elevator is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Drilling Tool Elevator include Forum Energy Technologies, WEI, United Drilling, Hamburg Oil Tools, NOV, Texas International Oilfield Tools, Keystone Energy Tools, Beijing JJC Technology, Jiangsu Rutong Petro-Machinery, Hongkong Honghua Group, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Drilling Tool Elevator, 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 Drilling Tool Elevator.
The Drilling Tool Elevator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Drilling Tool Elevator 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 Drilling Tool Elevator 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
Forum Energy Technologies
WEI
United Drilling
Hamburg Oil Tools
NOV
Texas International Oilfield Tools
Keystone Energy Tools
Beijing JJC Technology
Jiangsu Rutong Petro-Machinery
Hongkong Honghua Group
Lanzhou LS Group
Jiangsu Yuyang Petrochemical Equipment
by Type
Below 200 Tons
200-500 Tons
Above 500 Tons
by Application
Onshore Drilling
Offshore Drilling
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
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 Drilling Tool Elevator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drilling Tool Elevator 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 Drilling Tool Elevator 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.

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Table Of Contents:

1 Drilling Tool Elevator Market Overview
1.1 Product Definition
1.2 Drilling Tool Elevator by Type
1.2.1 Global Drilling Tool Elevator Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Below 200 Tons
1.2.3 200-500 Tons
1.2.4 Above 500 Tons
1.3 Drilling Tool Elevator by Application
1.3.1 Global Drilling Tool Elevator Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Onshore Drilling
1.3.3 Offshore Drilling
1.4 Global Market Growth Prospects
1.4.1 Global Drilling Tool Elevator Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Drilling Tool Elevator Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Drilling Tool Elevator Production Estimates and Forecasts (2020-2031)
1.4.4 Global Drilling Tool Elevator Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drilling Tool Elevator Production Market Share by Manufacturers (2020-2025)
2.2 Global Drilling Tool Elevator Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Drilling Tool Elevator, Industry Ranking, 2023 VS 2024
2.4 Global Drilling Tool Elevator Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Drilling Tool Elevator Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Drilling Tool Elevator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drilling Tool Elevator, Product Offered and Application
2.8 Global Key Manufacturers of Drilling Tool Elevator, Date of Enter into This Industry
2.9 Drilling Tool Elevator Market Competitive Situation and Trends
2.9.1 Drilling Tool Elevator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drilling Tool Elevator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drilling Tool Elevator Production by Region
3.1 Global Drilling Tool Elevator Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Drilling Tool Elevator Production Value by Region (2020-2031)
3.2.1 Global Drilling Tool Elevator Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Drilling Tool Elevator by Region (2026-2031)
3.3 Global Drilling Tool Elevator Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Drilling Tool Elevator Production Volume by Region (2020-2031)
3.4.1 Global Drilling Tool Elevator Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Drilling Tool Elevator by Region (2026-2031)
3.5 Global Drilling Tool Elevator Market Price Analysis by Region (2020-2025)
3.6 Global Drilling Tool Elevator Production and Value, Year-over-Year Growth
3.6.1 North America Drilling Tool Elevator Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Drilling Tool Elevator Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Drilling Tool Elevator Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Drilling Tool Elevator Production Value Estimates and Forecasts (2020-2031)
4 Drilling Tool Elevator Consumption by Region
4.1 Global Drilling Tool Elevator Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Drilling Tool Elevator Consumption by Region (2020-2031)
4.2.1 Global Drilling Tool Elevator Consumption by Region (2020-2025)
4.2.2 Global Drilling Tool Elevator Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Drilling Tool Elevator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Drilling Tool Elevator Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drilling Tool Elevator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Drilling Tool Elevator Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Drilling Tool Elevator Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Drilling Tool Elevator Consumption by Region (2020-2031)
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 Drilling Tool Elevator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Drilling Tool Elevator Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Drilling Tool Elevator Production by Type (2020-2031)
5.1.1 Global Drilling Tool Elevator Production by Type (2020-2025)
5.1.2 Global Drilling Tool Elevator Production by Type (2026-2031)
5.1.3 Global Drilling Tool Elevator Production Market Share by Type (2020-2031)
5.2 Global Drilling Tool Elevator Production Value by Type (2020-2031)
5.2.1 Global Drilling Tool Elevator Production Value by Type (2020-2025)
5.2.2 Global Drilling Tool Elevator Production Value by Type (2026-2031)
5.2.3 Global Drilling Tool Elevator Production Value Market Share by Type (2020-2031)
5.3 Global Drilling Tool Elevator Price by Type (2020-2031)
6 Segment by Application
6.1 Global Drilling Tool Elevator Production by Application (2020-2031)
6.1.1 Global Drilling Tool Elevator Production by Application (2020-2025)
6.1.2 Global Drilling Tool Elevator Production by Application (2026-2031)
6.1.3 Global Drilling Tool Elevator Production Market Share by Application (2020-2031)
6.2 Global Drilling Tool Elevator Production Value by Application (2020-2031)
6.2.1 Global Drilling Tool Elevator Production Value by Application (2020-2025)
6.2.2 Global Drilling Tool Elevator Production Value by Application (2026-2031)
6.2.3 Global Drilling Tool Elevator Production Value Market Share by Application (2020-2031)
6.3 Global Drilling Tool Elevator Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Forum Energy Technologies
7.1.1 Forum Energy Technologies Drilling Tool Elevator Company Information
7.1.2 Forum Energy Technologies Drilling Tool Elevator Product Portfolio
7.1.3 Forum Energy Technologies Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Forum Energy Technologies Main Business and Markets Served
7.1.5 Forum Energy Technologies Recent Developments/Updates
7.2 WEI
7.2.1 WEI Drilling Tool Elevator Company Information
7.2.2 WEI Drilling Tool Elevator Product Portfolio
7.2.3 WEI Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.2.4 WEI Main Business and Markets Served
7.2.5 WEI Recent Developments/Updates
7.3 United Drilling
7.3.1 United Drilling Drilling Tool Elevator Company Information
7.3.2 United Drilling Drilling Tool Elevator Product Portfolio
7.3.3 United Drilling Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.3.4 United Drilling Main Business and Markets Served
7.3.5 United Drilling Recent Developments/Updates
7.4 Hamburg Oil Tools
7.4.1 Hamburg Oil Tools Drilling Tool Elevator Company Information
7.4.2 Hamburg Oil Tools Drilling Tool Elevator Product Portfolio
7.4.3 Hamburg Oil Tools Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Hamburg Oil Tools Main Business and Markets Served
7.4.5 Hamburg Oil Tools Recent Developments/Updates
7.5 NOV
7.5.1 NOV Drilling Tool Elevator Company Information
7.5.2 NOV Drilling Tool Elevator Product Portfolio
7.5.3 NOV Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.5.4 NOV Main Business and Markets Served
7.5.5 NOV Recent Developments/Updates
7.6 Texas International Oilfield Tools
7.6.1 Texas International Oilfield Tools Drilling Tool Elevator Company Information
7.6.2 Texas International Oilfield Tools Drilling Tool Elevator Product Portfolio
7.6.3 Texas International Oilfield Tools Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Texas International Oilfield Tools Main Business and Markets Served
7.6.5 Texas International Oilfield Tools Recent Developments/Updates
7.7 Keystone Energy Tools
7.7.1 Keystone Energy Tools Drilling Tool Elevator Company Information
7.7.2 Keystone Energy Tools Drilling Tool Elevator Product Portfolio
7.7.3 Keystone Energy Tools Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Keystone Energy Tools Main Business and Markets Served
7.7.5 Keystone Energy Tools Recent Developments/Updates
7.8 Beijing JJC Technology
7.8.1 Beijing JJC Technology Drilling Tool Elevator Company Information
7.8.2 Beijing JJC Technology Drilling Tool Elevator Product Portfolio
7.8.3 Beijing JJC Technology Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Beijing JJC Technology Main Business and Markets Served
7.8.5 Beijing JJC Technology Recent Developments/Updates
7.9 Jiangsu Rutong Petro-Machinery
7.9.1 Jiangsu Rutong Petro-Machinery Drilling Tool Elevator Company Information
7.9.2 Jiangsu Rutong Petro-Machinery Drilling Tool Elevator Product Portfolio
7.9.3 Jiangsu Rutong Petro-Machinery Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Jiangsu Rutong Petro-Machinery Main Business and Markets Served
7.9.5 Jiangsu Rutong Petro-Machinery Recent Developments/Updates
7.10 Hongkong Honghua Group
7.10.1 Hongkong Honghua Group Drilling Tool Elevator Company Information
7.10.2 Hongkong Honghua Group Drilling Tool Elevator Product Portfolio
7.10.3 Hongkong Honghua Group Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Hongkong Honghua Group Main Business and Markets Served
7.10.5 Hongkong Honghua Group Recent Developments/Updates
7.11 Lanzhou LS Group
7.11.1 Lanzhou LS Group Drilling Tool Elevator Company Information
7.11.2 Lanzhou LS Group Drilling Tool Elevator Product Portfolio
7.11.3 Lanzhou LS Group Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Lanzhou LS Group Main Business and Markets Served
7.11.5 Lanzhou LS Group Recent Developments/Updates
7.12 Jiangsu Yuyang Petrochemical Equipment
7.12.1 Jiangsu Yuyang Petrochemical Equipment Drilling Tool Elevator Company Information
7.12.2 Jiangsu Yuyang Petrochemical Equipment Drilling Tool Elevator Product Portfolio
7.12.3 Jiangsu Yuyang Petrochemical Equipment Drilling Tool Elevator Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Jiangsu Yuyang Petrochemical Equipment Main Business and Markets Served
7.12.5 Jiangsu Yuyang Petrochemical Equipment Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drilling Tool Elevator Industry Chain Analysis
8.2 Drilling Tool Elevator Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drilling Tool Elevator Production Mode & Process Analysis
8.4 Drilling Tool Elevator Sales and Marketing
8.4.1 Drilling Tool Elevator Sales Channels
8.4.2 Drilling Tool Elevator Distributors
8.5 Drilling Tool Elevator Customer Analysis
9 Drilling Tool Elevator Market Dynamics
9.1 Drilling Tool Elevator Industry Trends
9.2 Drilling Tool Elevator Market Drivers
9.3 Drilling Tool Elevator Market Challenges
9.4 Drilling Tool Elevator Market Restraints
10 Research Findings 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

Companies Mentioned:

Forum Energy Technologies
WEI
United Drilling
Hamburg Oil Tools
NOV
Texas International Oilfield Tools
Keystone Energy Tools
Beijing JJC Technology
Jiangsu Rutong Petro-Machinery
Hongkong Honghua Group
Lanzhou LS Group
Jiangsu Yuyang Petrochemical Equipment

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