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Global Circular Drill Bit Market Research Report 2024
Synopsis
Circular Drill bits are cutting tools used to remove material to create holes, almost always of circular cross-section.
The global Circular Drill Bit market was valued at US$ 1795 million in 2023 and is anticipated to reach US$ 2498.5 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North America holds the leading position in the drill bits market due to extensive drilling operations and recent shale gas discoveries in the Gulf of Mexico and onshore U.S., which is boosting the growth of the drill bits market. Abundant crude from Russia, Norway and Ukraine will boost drilling in Europe and provide a lucrative market for drill bits.
This report aims to provide a comprehensive presentation of the global market for Circular Drill Bit, 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 Circular Drill Bit.
Report Scope
The Circular Drill Bit market size, estimations, and forecasts are provided in terms of sales volume (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 Circular Drill Bit 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 Circular Drill Bit manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
UNION TOOL
VESSEL CO
DEWALT
Hilti
Nachi-Fujikoshi
Robert Bosch Tool Corporation
HOUSE B.M
Fischer Group
Diager
LENOX
PROXXON GmbH
Caterpillar
Segment by Type
High-Speed Steel (HSS) Drill Bits
Black oxide-coated Drill Bits
Titanium-coated Drill Bits
Cobalt Drill Bits
Carbide-tipped Drill Bits
Others
Segment by Application
Oil & Gas
Mining and Industrial
Construction
Furniture
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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 Circular Drill Bit manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Circular Drill Bit 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Circular Drill bits are cutting tools used to remove material to create holes, almost always of circular cross-section.
The global Circular Drill Bit market was valued at US$ 1795 million in 2023 and is anticipated to reach US$ 2498.5 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North America holds the leading position in the drill bits market due to extensive drilling operations and recent shale gas discoveries in the Gulf of Mexico and onshore U.S., which is boosting the growth of the drill bits market. Abundant crude from Russia, Norway and Ukraine will boost drilling in Europe and provide a lucrative market for drill bits.
This report aims to provide a comprehensive presentation of the global market for Circular Drill Bit, 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 Circular Drill Bit.
Report Scope
The Circular Drill Bit market size, estimations, and forecasts are provided in terms of sales volume (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 Circular Drill Bit 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 Circular Drill Bit manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
UNION TOOL
VESSEL CO
DEWALT
Hilti
Nachi-Fujikoshi
Robert Bosch Tool Corporation
HOUSE B.M
Fischer Group
Diager
LENOX
PROXXON GmbH
Caterpillar
Segment by Type
High-Speed Steel (HSS) Drill Bits
Black oxide-coated Drill Bits
Titanium-coated Drill Bits
Cobalt Drill Bits
Carbide-tipped Drill Bits
Others
Segment by Application
Oil & Gas
Mining and Industrial
Construction
Furniture
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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 Circular Drill Bit manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Circular Drill Bit 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Circular Drill Bit Market Overview
1.1 Product Overview and Scope of Circular Drill Bit
1.2 Circular Drill Bit Segment by Type
1.2.1 Global Circular Drill Bit Market Value Comparison by Type (2024-2030)
1.2.2 High-Speed Steel (HSS) Drill Bits
1.2.3 Black oxide-coated Drill Bits
1.2.4 Titanium-coated Drill Bits
1.2.5 Cobalt Drill Bits
1.2.6 Carbide-tipped Drill Bits
1.2.7 Others
1.3 Circular Drill Bit Segment by Application
1.3.1 Global Circular Drill Bit Market Value by Application: (2024-2030)
1.3.2 Oil & Gas
1.3.3 Mining and Industrial
1.3.4 Construction
1.3.5 Furniture
1.3.6 Others
1.4 Global Circular Drill Bit Market Size Estimates and Forecasts
1.4.1 Global Circular Drill Bit Revenue 2019-2030
1.4.2 Global Circular Drill Bit Sales 2019-2030
1.4.3 Global Circular Drill Bit Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Circular Drill Bit Market Competition by Manufacturers
2.1 Global Circular Drill Bit Sales Market Share by Manufacturers (2019-2024)
2.2 Global Circular Drill Bit Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Circular Drill Bit Average Price by Manufacturers (2019-2024)
2.4 Global Circular Drill Bit Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Circular Drill Bit, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Circular Drill Bit, Product Type & Application
2.7 Circular Drill Bit Market Competitive Situation and Trends
2.7.1 Circular Drill Bit Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Circular Drill Bit Players Market Share by Revenue
2.7.3 Global Circular Drill Bit Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Circular Drill Bit Retrospective Market Scenario by Region
3.1 Global Circular Drill Bit Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Circular Drill Bit Global Circular Drill Bit Sales by Region: 2019-2030
3.2.1 Global Circular Drill Bit Sales by Region: 2019-2024
3.2.2 Global Circular Drill Bit Sales by Region: 2025-2030
3.3 Global Circular Drill Bit Global Circular Drill Bit Revenue by Region: 2019-2030
3.3.1 Global Circular Drill Bit Revenue by Region: 2019-2024
3.3.2 Global Circular Drill Bit Revenue by Region: 2025-2030
3.4 North America Circular Drill Bit Market Facts & Figures by Country
3.4.1 North America Circular Drill Bit Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Circular Drill Bit Sales by Country (2019-2030)
3.4.3 North America Circular Drill Bit Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Circular Drill Bit Market Facts & Figures by Country
3.5.1 Europe Circular Drill Bit Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Circular Drill Bit Sales by Country (2019-2030)
3.5.3 Europe Circular Drill Bit Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Circular Drill Bit Market Facts & Figures by Country
3.6.1 Asia Pacific Circular Drill Bit Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Circular Drill Bit Sales by Country (2019-2030)
3.6.3 Asia Pacific Circular Drill Bit Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Circular Drill Bit Market Facts & Figures by Country
3.7.1 Latin America Circular Drill Bit Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Circular Drill Bit Sales by Country (2019-2030)
3.7.3 Latin America Circular Drill Bit Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Circular Drill Bit Market Facts & Figures by Country
3.8.1 Middle East and Africa Circular Drill Bit Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Circular Drill Bit Sales by Country (2019-2030)
3.8.3 Middle East and Africa Circular Drill Bit Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Circular Drill Bit Sales by Type (2019-2030)
4.1.1 Global Circular Drill Bit Sales by Type (2019-2024)
4.1.2 Global Circular Drill Bit Sales by Type (2025-2030)
4.1.3 Global Circular Drill Bit Sales Market Share by Type (2019-2030)
4.2 Global Circular Drill Bit Revenue by Type (2019-2030)
4.2.1 Global Circular Drill Bit Revenue by Type (2019-2024)
4.2.2 Global Circular Drill Bit Revenue by Type (2025-2030)
4.2.3 Global Circular Drill Bit Revenue Market Share by Type (2019-2030)
4.3 Global Circular Drill Bit Price by Type (2019-2030)
5 Segment by Application
5.1 Global Circular Drill Bit Sales by Application (2019-2030)
5.1.1 Global Circular Drill Bit Sales by Application (2019-2024)
5.1.2 Global Circular Drill Bit Sales by Application (2025-2030)
5.1.3 Global Circular Drill Bit Sales Market Share by Application (2019-2030)
5.2 Global Circular Drill Bit Revenue by Application (2019-2030)
5.2.1 Global Circular Drill Bit Revenue by Application (2019-2024)
5.2.2 Global Circular Drill Bit Revenue by Application (2025-2030)
5.2.3 Global Circular Drill Bit Revenue Market Share by Application (2019-2030)
5.3 Global Circular Drill Bit Price by Application (2019-2030)
6 Key Companies Profiled
6.1 UNION TOOL
6.1.1 UNION TOOL Corporation Information
6.1.2 UNION TOOL Description and Business Overview
6.1.3 UNION TOOL Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.1.4 UNION TOOL Circular Drill Bit Product Portfolio
6.1.5 UNION TOOL Recent Developments/Updates
6.2 VESSEL CO
6.2.1 VESSEL CO Corporation Information
6.2.2 VESSEL CO Description and Business Overview
6.2.3 VESSEL CO Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.2.4 VESSEL CO Circular Drill Bit Product Portfolio
6.2.5 VESSEL CO Recent Developments/Updates
6.3 DEWALT
6.3.1 DEWALT Corporation Information
6.3.2 DEWALT Description and Business Overview
6.3.3 DEWALT Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.3.4 DEWALT Circular Drill Bit Product Portfolio
6.3.5 DEWALT Recent Developments/Updates
6.4 Hilti
6.4.1 Hilti Corporation Information
6.4.2 Hilti Description and Business Overview
6.4.3 Hilti Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Hilti Circular Drill Bit Product Portfolio
6.4.5 Hilti Recent Developments/Updates
6.5 Nachi-Fujikoshi
6.5.1 Nachi-Fujikoshi Corporation Information
6.5.2 Nachi-Fujikoshi Description and Business Overview
6.5.3 Nachi-Fujikoshi Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Nachi-Fujikoshi Circular Drill Bit Product Portfolio
6.5.5 Nachi-Fujikoshi Recent Developments/Updates
6.6 Robert Bosch Tool Corporation
6.6.1 Robert Bosch Tool Corporation Corporation Information
6.6.2 Robert Bosch Tool Corporation Description and Business Overview
6.6.3 Robert Bosch Tool Corporation Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Robert Bosch Tool Corporation Circular Drill Bit Product Portfolio
6.6.5 Robert Bosch Tool Corporation Recent Developments/Updates
6.7 HOUSE B.M
6.6.1 HOUSE B.M Corporation Information
6.6.2 HOUSE B.M Description and Business Overview
6.6.3 HOUSE B.M Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.4.4 HOUSE B.M Circular Drill Bit Product Portfolio
6.7.5 HOUSE B.M Recent Developments/Updates
6.8 Fischer Group
6.8.1 Fischer Group Corporation Information
6.8.2 Fischer Group Description and Business Overview
6.8.3 Fischer Group Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Fischer Group Circular Drill Bit Product Portfolio
6.8.5 Fischer Group Recent Developments/Updates
6.9 Diager
6.9.1 Diager Corporation Information
6.9.2 Diager Description and Business Overview
6.9.3 Diager Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Diager Circular Drill Bit Product Portfolio
6.9.5 Diager Recent Developments/Updates
6.10 LENOX
6.10.1 LENOX Corporation Information
6.10.2 LENOX Description and Business Overview
6.10.3 LENOX Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.10.4 LENOX Circular Drill Bit Product Portfolio
6.10.5 LENOX Recent Developments/Updates
6.11 PROXXON GmbH
6.11.1 PROXXON GmbH Corporation Information
6.11.2 PROXXON GmbH Circular Drill Bit Description and Business Overview
6.11.3 PROXXON GmbH Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.11.4 PROXXON GmbH Circular Drill Bit Product Portfolio
6.11.5 PROXXON GmbH Recent Developments/Updates
6.12 Caterpillar
6.12.1 Caterpillar Corporation Information
6.12.2 Caterpillar Circular Drill Bit Description and Business Overview
6.12.3 Caterpillar Circular Drill Bit Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Caterpillar Circular Drill Bit Product Portfolio
6.12.5 Caterpillar Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Circular Drill Bit Industry Chain Analysis
7.2 Circular Drill Bit Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Circular Drill Bit Production Mode & Process
7.4 Circular Drill Bit Sales and Marketing
7.4.1 Circular Drill Bit Sales Channels
7.4.2 Circular Drill Bit Distributors
7.5 Circular Drill Bit Customers
8 Circular Drill Bit Market Dynamics
8.1 Circular Drill Bit Industry Trends
8.2 Circular Drill Bit Market Drivers
8.3 Circular Drill Bit Market Challenges
8.4 Circular Drill Bit Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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