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市場調查報告書
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1725158

2032 年石油和天然氣鑽頭市場預測:按類型、尺寸、井型、應用、最終用戶和地區進行的全球分析

Oil and Gas Drill Bit Market Forecasts to 2032 - Global Analysis By Type (Fixed Cutter Bits and Roller Cone Bits), Size (Less than 6 Inches, 6 to 12 Inches and Over 12 Inches), Well Type, Application, End User and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3個工作天內

價格

根據 Stratistics MRC 的數據,全球石油和天然氣鑽頭市場預計在 2025 年達到 73 億美元,到 2032 年將達到 158 億美元,預測期內的複合年成長率為 11.6%。

鑽井作業中使用稱為石油和天然氣鑽頭的專用切削工具在岩石上鑽孔以提取石油和天然氣。它們通常由鋼或硬質合金製成,並具有為提高效率和耐用性而設計的旋轉切割部件。為了最大限度地提高鑽孔速度、精度和性能,鑽頭有多種類型,包括固定切削齒和滾錐,以適應不同的地質條件。

根據美國能源資訊署(EIA)的數據,到2023年,美國運作中的旋轉鑽機平均數量將達到687台。

全球能源需求不斷成長

在快速工業化和都市化推動下,全球能源需求不斷成長,尤其是印度、中國和巴西等新興國家,大大推動了全球鑽井活動。隨著這些國家加強製造業、運輸業和基礎設施建設,其對石油和天然氣的需求將持續成長,從而需要增加探勘和生產活動。能源消耗的增加導致開發傳統型和傳統型的蘊藏量活動激增,這立即增加了對蘊藏量鑽頭的需求。

鑽頭壽命短

鑽頭的耐用性有限給石油和天然氣行業帶來了重大問題,特別是在存在高磨蝕性地層的惡劣條件下工作時。鑽頭在使用過程中會嚴重劣化,需要頻繁更換,從而增加營運成本和停機時間。這問題在深鑽計劃中尤其普遍,因為嚴酷的壓力和溫度條件會加速鑽頭的劣化。地下地層的不規則特性可能導致鑽頭過早失效,進而影響鑽井作業。

開發更耐用、更有效率的鑽頭

材料科學與工程的進步正在推動更堅固、更耐腐蝕、更耐磨的部件的發展,以滿足不斷變化的工業需求。這些發展旨在提高具有挑戰性的海洋環境和深海鑽井的效率。此外,鑽頭設計和製造材料的進步正在提高鑽井效率並縮短每口井的完井時間。技術的進步使得人們能夠更輕鬆地探勘以前無法進入的區域,從而擴大探勘活動的範圍,並有助於全球石油和天然氣鑽頭市場的銷售成長。

向可再生能源過渡

全球向可再生能源的轉型對石油和天然氣鑽頭業務提出了重大挑戰。隨著世界各國實施更嚴格的環境法規並致力於減少碳排放,對太陽能、風能和水力發電的投資正在大幅增加。這種變化正在逐步減少對石化燃料的依賴,並直接影響對鑽井作業的需求。此外,政府對清潔能源計畫的補貼和激勵措施正在促進這一轉變,並重新分配原本可以用於資助石油和天然氣探勘的資金。

COVID-19的影響:

新冠疫情對油氣鑽頭市場造成較大衝擊,導致年增率大幅下降。全球封鎖措施的實施導致經濟活動下降,原油消費量急劇下降,導致油價在2020年4月跌至每桶-37美元的歷史最低點。知名企業的因應措施包括大幅削減資本支出、推遲新項目的投資、以及重組業務。期間美國、俄羅斯、沙烏地阿拉伯之間的價格戰,加劇了市場波動,為產業帶來了前所未有的危機。

預測期內,滾錐切削鑽頭市場預計將成長至最大

預計預測期內,滾錐切削鑽頭部分將佔據最大的市場佔有率。它的成本效益和對軟岩和中等岩層的適用性使其成為傳統鑽井作業的經濟可行的替代方案。升級的軸承系統、優質的材料和最佳化的切削幾何形狀等技術進步顯著提高了這些鑽頭的效率和使用壽命,減少了停機時間和營運費用。此外,它的適應性有利於其在陸上和海上鑽井作業的應用,從而在石油和天然氣領域中廣泛應用。

預計預測期內海上部分將以最高的複合年成長率成長。

由於全球對深水探勘和生產活動的投資不斷增加,預計海上部門在預測期內將呈現最高的成長率。海上鑽井活動的增加,特別是在墨西哥灣和東南亞等地區,對能夠承受惡劣水下條件的專用鑽頭的需求日益成長。此外,技術創新使得以前無法開採的海洋蘊藏物變得可以商業性開採,進一步推動了市場擴張。

佔比最大的地區:

預計北美地區將在預測期內佔據最大的市場佔有率。這種主導地位得益於埃克森美孚、雪佛龍和康菲石油等主要工業營業單位的強大影響力,以及全面的基礎設施和以高度自動化數位化特徵的先進鑽井技術。深海探勘和頁岩油開採的進步,以及運輸和製造業對石油和天然氣的穩定需求,加強了該地區的領導地位。墨西哥灣海上鑽井活動的擴大使北美成為全球石油和天然氣鑽井領域的領導者。

複合年成長率最高的地區:

在快速工業化和能源需求不斷成長的推動下,亞太地區預計將在預測期內呈現最高的複合年成長率。中國和印度等國家已大幅提高其石油生產能力,並將大量投資用於探勘和生產工作。隨著各國政府和企業尋求開發尚未開發的礦床,東南亞地區的海上鑽井活動正在增加。對最佳化鑽井效率和安全性的關注以及現代鑽井技術的使用正在推動市場擴張。

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目錄

第1章執行摘要

第2章 前言

  • 概述
  • 相關利益者
  • 研究範圍
  • 調查方法
    • 資料探勘
    • 數據分析
    • 數據檢驗
    • 研究途徑
  • 研究材料
    • 主要研究資料
    • 次級研究資訊來源
    • 先決條件

第3章市場走勢分析

  • 驅動程式
  • 限制因素
  • 機會
  • 威脅
  • 應用分析
  • 最終用戶分析
  • 新興市場
  • COVID-19的影響

第4章 波特五力分析

  • 供應商的議價能力
  • 買家的議價能力
  • 替代品的威脅
  • 新進入者的威脅
  • 競爭對手之間的競爭

5. 全球石油天然氣鑽頭市場(按類型)

  • 固定切削刃鑽頭
    • PDC(多晶鑽石複合片)鑽頭
    • 天然鑽石鑽頭
    • 鑽石鑽頭
  • 牙輪鑽頭
    • 銑齒鑽頭
    • 碳化鎢刀片(TCI)鑽頭

6. 全球石油天然氣鑽頭市場規模

  • 小於 6 英寸
  • 6至12英寸
  • 12吋或以上

7. 全球石油天然氣鑽頭市場(按井類型)

  • 垂直井
  • 定向井
  • 水平井

8. 全球石油天然氣鑽頭市場(按應用)

  • 陸上
  • 海上

9. 全球石油天然氣鑽頭市場(依最終用戶)

  • 石油和天然氣營運商
  • 鑽井承包商

第 10 章全球石油天然氣鑽頭市場(按地區)

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙
    • 其他歐洲國家
  • 亞太地區
    • 日本
    • 中國
    • 印度
    • 澳洲
    • 紐西蘭
    • 韓國
    • 其他亞太地區
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地區
  • 中東和非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 卡達
    • 南非
    • 其他中東和非洲地區

第11章 重大進展

  • 協議、夥伴關係、合作和合資企業
  • 收購與合併
  • 新產品發布
  • 業務擴展
  • 其他關鍵策略

第12章 公司概況

  • SLB(Schlumberger)
  • Halliburton
  • Baker Hughes
  • Weatherford International
  • National Oilwell Varco(NOV)
  • Sandvik AB
  • Atlas Copco
  • Varel Energy Solutions
  • Ulterra Drilling Technologies
  • Drill King International
  • Torquato Drilling Accessories
  • Schoeller-Bleckmann Oilfield Equipment AG(SBO)
  • Drillco Tools
  • Drillstar Industries
  • Tercel Oilfield Products
  • Jereh Group
  • Boart Longyear
  • Drillmec
Product Code: SMRC29304

According to Stratistics MRC, the Global Oil and Gas Drill Bit Market is accounted for $7.3 billion in 2025 and is expected to reach $15.8 billion by 2032 growing at a CAGR of 11.6% during the forecast period. A specialized cutting tool called oil and gas drill bit is used in drilling operations to penetrate underlying rock formations and drill boreholes for the extraction of oil and gas. Usually composed of steel or tungsten carbide, it features revolving cutting components designed for efficiency and endurance. To maximize drilling speed, precision, and operational performance, drill bits are available in various varieties, such as fixed-cutter and roller cone, that are suited for distinct geological situations.

According to the U.S. Energy Information Administration (EIA), the average number of rotary rigs in operation in the United States was 687 in 2023.

Market Dynamics:

Driver:

Increasing global energy demand

The increasing global energy demand, propelled by swift industrialization and urbanization, especially in emerging economies like India, China, and Brazil, is markedly enhancing drilling activities globally. As these nations augment their manufacturing, transportation, and infrastructure sectors, the need for oil and gas persists and escalates, requiring heightened exploration and production efforts. The escalating energy consumption has resulted in a proliferation of drilling activities to exploit both conventional and unconventional reserves, hence immediately augmenting the demand for high-efficiency drill bits.

Restraint:

Short lifespan of drill bits

The limited durability of drill bits poses a considerable problem to the oil and gas sector, especially when operating in demanding conditions with abrasive geological formations. Drill bits undergo significant deterioration during use, resulting in frequent replacements that elevate operational expenses and downtime. This problem is particularly evident in deep drilling projects, where severe pressure and temperature conditions expedite bit deterioration. The erratic characteristics of subterranean formations may lead to early bit failure, exacerbating drilling operations.

Opportunity:

Development of more durable and efficient drill bits

Progress in materials science and engineering is facilitating the development of components with improved strength, corrosion resistance, and wear resistance to satisfy changing industrial demands. These developments aim to enhance drilling efficiency in challenging places, such as arduous offshore environments and significant depths. Moreover, advancements in bit design and manufacturing materials have enhanced drilling efficiency and reduced operational time for each well. The exploration of previously unreachable regions, facilitated by technological improvements, has broadened the potential for exploration activities, hence propelling sales growth in the worldwide oil and gas drill bit market.

Threat:

Shift to renewable energy sources

The growing global transition to renewable energy sources presents a substantial challenge to the oil and gas drill bit business. As nations globally enforce more stringent environmental restrictions and pledge to decrease carbon emissions, investments in solar, wind, and hydropower are significantly increasing. This change is progressively diminishing reliance on fossil fuels, directly influencing the demand for drilling operations. Moreover, governmental subsidies and incentives for clean energy initiatives are expediting this transition, reallocating cash that may have otherwise financed oil and gas exploration.

Covid-19 Impact:

The COVID-19 pandemic significantly affected the oil and gas drill bit market, resulting in a substantial decrease in the annual growth rate. The enforcement of lockdowns globally resulted in diminished economic activities and a significant decline in crude oil consumption, causing prices to drop to unprecedented lows of minus USD 37 per barrel in April 2020. Prominent corporations reacted by significantly reducing capital expenditures, postponing investments in new initiatives, and reorganizing operations. The pricing war among the US, Russia, and Saudi Arabia during this period intensified market instability, resulting in an unparalleled crisis for the sector.

The roller cone cutter bits segment is expected to be the largest during the forecast period

The roller cone cutter bits segment is expected to account for the largest market share during the forecast period. Their cost-efficiency and suitability for soft and medium rock formations contribute to their dominance, making them a financially viable drilling alternative for traditional operations. Technological advancements, such as upgraded bearing systems, superior materials, and optimized cutting geometries, have markedly improved the efficiency and longevity of these bits, decreasing downtime and operational expenses. Moreover, their adaptability facilitates use in both onshore and offshore drilling operations, leading to their extensive use within the oil and gas sector.

The offshore segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the offshore segment is predicted to witness the highest growth rate, driven by escalating investments in deepwater exploration and production activities globally. The proliferation of offshore drilling activities, particularly in regions like the Gulf of Mexico and Southeast Asia, is boosting the need for specialized drill bits that can withstand harsh underwater conditions. Moreover, technological innovations have rendered previously unreachable offshore reserves commercially feasible to utilize, thereby further propelling market expansion.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share. This domination is propelled by the formidable presence of major industrial entities like ExxonMobil, Chevron, and ConocoPhillips, together with comprehensive infrastructure and advanced drilling technology characterized by substantial automation and digitalization. The region's leadership is reinforced by consistent demand for oil and gas from the transportation and manufacturing industries, along with progress in deepwater exploration and shale oil extraction. The expansion of offshore drilling activities in the Gulf of Mexico has established North America as a leader in the global oil and gas drilling sector.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, propelled by swift industrialization and increasing energy demands. Countries such as China and India are markedly augmenting their oil production capacities, with considerable investments directed toward exploration and production endeavors. The region is experiencing an increase in offshore drilling activities throughout Southeast Asia as governments and corporations aim to exploit unexploited deposits. The rising use of modern drilling technology, along with an enhanced emphasis on optimizing drilling efficiency and safety, is driving market expansion.

Key players in the market

Some of the key players in Oil and Gas Drill Bit Market include SLB (Schlumberger), Halliburton, Baker Hughes, Weatherford International, National Oilwell Varco, Sandvik AB, Atlas Copco, Varel Energy Solutions, Ulterra Drilling Technologies, Drill King International, Torquato Drilling Accessories, Schoeller-Bleckmann Oilfield Equipment AG (SBO), Drillco Tools, Drillstar Industries, Tercel Oilfield Products, Jereh Group, Boart Longyear and Drillmec

Key Developments:

In January 2025, Halliburton secured a contract with Petrobras for integrated drilling services across several offshore fields in Brazil. The contract includes providing iCruise(R) intelligent rotary steerable system, LOGIX(TM) automation and remote operations platform, and Cerebro(R) in-bit sensing technology.

In December 2024, Global energy technology company SLB introduces Neuro(TM) autonomous geosteering, which dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations.

In October 2024, SLB introduced the ThermoBlade thermal-resistant diamond element bit designed to save drilling time and reduce costly bit trips. The bit features a proprietary cutting element with a thicker diamond table and engineered diamond table interface that provides mechanical strength and durability. It offers better resistance to thermal degradation that can approach 1,000°C (1,832°F), improving drill bit rate of penetration and ability to drill to interval total depth in fewer or single bit runs.

Types Covered:

  • Fixed Cutter Bits
  • Roller Cone Bits

Sizes Covered:

  • Less than 6 Inches
  • 6 to 12 Inches
  • Over 12 Inches

Well Types Covered:

  • Vertical Wells
  • Directional Wells
  • Horizontal Wells

Applications Covered:

  • Onshore
  • Offshore

End Users Covered:

  • Oil and Gas Operators
  • Drilling Contractors

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Oil and Gas Drill Bit Market, By Type

  • 5.1 Introduction
  • 5.2 Fixed Cutter Bits
    • 5.2.1 PDC (Polycrystalline Diamond Compact) Bits
    • 5.2.2 Natural Diamond Bits
    • 5.2.3 Diamond-Impregnated Bits
  • 5.3 Roller Cone Bits
    • 5.3.1 Milled Tooth Bits
    • 5.3.2 Tungsten Carbide Insert (TCI) Bits

6 Global Oil and Gas Drill Bit Market, By Size

  • 6.1 Introduction
  • 6.2 Less than 6 Inches
  • 6.3 6 to 12 Inches
  • 6.4 Over 12 Inches

7 Global Oil and Gas Drill Bit Market, By Well Type

  • 7.1 Introduction
  • 7.2 Vertical Wells
  • 7.3 Directional Wells
  • 7.4 Horizontal Wells

8 Global Oil and Gas Drill Bit Market, By Application

  • 8.1 Introduction
  • 8.2 Onshore
  • 8.3 Offshore

9 Global Oil and Gas Drill Bit Market, By End User

  • 9.1 Introduction
  • 9.2 Oil and Gas Operators
  • 9.3 Drilling Contractors

10 Global Oil and Gas Drill Bit Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 SLB (Schlumberger)
  • 12.2 Halliburton
  • 12.3 Baker Hughes
  • 12.4 Weatherford International
  • 12.5 National Oilwell Varco (NOV)
  • 12.6 Sandvik AB
  • 12.7 Atlas Copco
  • 12.8 Varel Energy Solutions
  • 12.9 Ulterra Drilling Technologies
  • 12.10 Drill King International
  • 12.11 Torquato Drilling Accessories
  • 12.12 Schoeller-Bleckmann Oilfield Equipment AG (SBO)
  • 12.13 Drillco Tools
  • 12.14 Drillstar Industries
  • 12.15 Tercel Oilfield Products
  • 12.16 Jereh Group
  • 12.17 Boart Longyear
  • 12.18 Drillmec

List of Tables

  • Table 1 Global Oil and Gas Drill Bit Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Oil and Gas Drill Bit Market Outlook, By Type (2024-2032) ($MN)
  • Table 3 Global Oil and Gas Drill Bit Market Outlook, By Fixed Cutter Bits (2024-2032) ($MN)
  • Table 4 Global Oil and Gas Drill Bit Market Outlook, By PDC (Polycrystalline Diamond Compact) Bits (2024-2032) ($MN)
  • Table 5 Global Oil and Gas Drill Bit Market Outlook, By Natural Diamond Bits (2024-2032) ($MN)
  • Table 6 Global Oil and Gas Drill Bit Market Outlook, By Diamond-Impregnated Bits (2024-2032) ($MN)
  • Table 7 Global Oil and Gas Drill Bit Market Outlook, By Roller Cone Bits (2024-2032) ($MN)
  • Table 8 Global Oil and Gas Drill Bit Market Outlook, By Milled Tooth Bits (2024-2032) ($MN)
  • Table 9 Global Oil and Gas Drill Bit Market Outlook, By Tungsten Carbide Insert (TCI) Bits (2024-2032) ($MN)
  • Table 10 Global Oil and Gas Drill Bit Market Outlook, By Size (2024-2032) ($MN)
  • Table 11 Global Oil and Gas Drill Bit Market Outlook, By Less than 6 Inches (2024-2032) ($MN)
  • Table 12 Global Oil and Gas Drill Bit Market Outlook, By 6 to 12 Inches (2024-2032) ($MN)
  • Table 13 Global Oil and Gas Drill Bit Market Outlook, By Over 12 Inches (2024-2032) ($MN)
  • Table 14 Global Oil and Gas Drill Bit Market Outlook, By Well Type (2024-2032) ($MN)
  • Table 15 Global Oil and Gas Drill Bit Market Outlook, By Vertical Wells (2024-2032) ($MN)
  • Table 16 Global Oil and Gas Drill Bit Market Outlook, By Directional Wells (2024-2032) ($MN)
  • Table 17 Global Oil and Gas Drill Bit Market Outlook, By Horizontal Wells (2024-2032) ($MN)
  • Table 18 Global Oil and Gas Drill Bit Market Outlook, By Application (2024-2032) ($MN)
  • Table 19 Global Oil and Gas Drill Bit Market Outlook, By Onshore (2024-2032) ($MN)
  • Table 20 Global Oil and Gas Drill Bit Market Outlook, By Offshore (2024-2032) ($MN)
  • Table 21 Global Oil and Gas Drill Bit Market Outlook, By End User (2024-2032) ($MN)
  • Table 22 Global Oil and Gas Drill Bit Market Outlook, By Oil and Gas Operators (2024-2032) ($MN)
  • Table 23 Global Oil and Gas Drill Bit Market Outlook, By Drilling Contractors (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.