Drilling Tools Market was valued at US$ 7.40 Bn in 2022 and is expected to reach US$ 10.03 Bn by 2029, at a CAGR of 4.44% during a forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report An upsurge in oil, exploration, and production activities, rising concern towards energy security, advancement in drilling technologies offering better efficiencies and condensed drilling time, easy readiness of suppliers is expected to drive the global drilling tools market. Additionally, the surge in shale gas exploration activities in the United States is another factor driving the markets. Increased demand for fabricated metal products, development of heavy equipment industry, and increasing large-scale industrial automation are projected to drive the growth of the global drilling tools market. Additionally, development in manufacturing types of machinery and government initiatives concerning the machine tools industry offer lucrative growth opportunities to the global drilling machine market. Furthermore, the market is estimated to face regulatory concerns, and a shift towards renewable energy development is expected to hamper the global market. The objective of the report is to present a comprehensive assessment of the global drilling tools market and contains considerate insights, facts, historical data, industry-validated market data, and projections with an appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by material, type, end-user, and region and, projects the global market size. Global report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global drilling tools market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Drilling Tools Market Segment Analysis:
The drilling tubular segment is estimated to grow at a high rate of CAGR during the forecast period. This can be accredited to growing drilled footage and the advancement of deep-water oil & gas fields. An onshore segment is expected to dominate the global drilling tools market. The dominant position is attributed to the increasing onshore and drilling activities in North America and Asia Pacific region. Development in drilling techniques, such as horizontal and vertical drilling. Onshore drilling is cost-effective and less complex than offshore application. Furthermore, offshore drilling needs higher capital investments and is complex owing to depth, complicated good formations, and instability features. China is focusing on several onshore oil drilling projects carried out to extract shale oil.Regional Insights:
Geographically, Asia Pacific is expected to witness significant growth in the global drilling tools market. The growth is attributed to increasing drilling Activities in developing countries such as India and China. The developing countries from this region are focused on developing their shale gas resources to increase their oil & gas production is expected to drive growth in the drilling tool market. Rapid industrialization and advancement in drilling tools are expected to boom the market in this region. Furthermore, North America is projected to share a major contribution in the global market during the forecast period. Growing shale gas production and energy reforms are expected to drive the growth of the drilling tools in the region.Drilling Tools Market, Key Highlights:
Global Drilling Tools Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global market The Drilling Tools Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Drilling Tools Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Drilling Tools Market are also profiled.Global Drilling Tools Market Scope: Inquire before buying
Global Drilling Tools Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 7.40 Bn. Forecast Period 2023 to 2029 CAGR: 4.44 % Market Size in 2029: US $ 10.03 Bn. Segments Covered: by Tool Type Drill Bits Drill Collars Drilling Jars The Drilling Motors Drilling Tubulars Drill Swivels Drill Reamers and Stabilizers Mechanical Thrusters Shock Tools by Application Onshore Offshore Global Drilling Tools Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Drilling Tools Market Key Players
1.Schlumberger Limited 2.Halliburton Company 3.National-Oilwell Varco, Inc. 4.Sandvik AB 5.Baker Hughes A GE Co. 6.Tenaris SA 7.TMK Ipsco Enterprises Inc. 8.Vallourec SA 9.Stabil Drill Baker Hughes 10.Cougar Drilling Solutions 11.Drilling Tools International 12.Rubicon Oilfield International 13.Bico Drilling Tools 14.Dynomax Drilling Tools 15.United Drilling Tools LTD 16.BICO Drilling Products 17.X Drilling Tools 18.Redback Drilling Tools, 19.Knight Oil Tools 20.Weatherford International 21.Gyrodata 22.Pacesetter Directional Drilling 23.Scientific Drilling 24.Tianhe Oil Group 25.Wenzel Downhole Tools 26.Pacesetter Directional Drilling 27.Solid Control Equipment Frequently Asked Questions: 1. Which region has the largest share in Global Drilling Tools Market Market? Ans: Asia Pacific region helds the highest share in 2022. 2. What is the growth rate of Global Drilling Tools Market Market? Ans: The Global market Market is growing at a CAGR of 4.44% during forecasting period 2023-2029. 3. What is scope of the Global market market report? Ans: Global market Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Drilling Tools Market market? Ans: The important key players in the Global market Market are – Schlumberger Limited, Halliburton Company, National-Oilwell Varco, Inc., Sandvik AB, Baker Hughes A GE Co., Tenaris SA, TMK Ipsco Enterprises Inc., Vallourec SA, Stabil Drill Baker Hughes, Cougar Drilling Solutions, Drilling Tools International, and Rubicon Oilfield International 5. What is the study period of this market? Ans: The Global market Market is studied from 2022 to 2029.
Global Drilling Tools Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Drilling Tools Market Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Drilling Tools Market Analysis and Forecast 6.1. Global Drilling Tools Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Drilling Tools Market Analysis and Forecast, by Tool Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Drilling Tools Market Value Share Analysis, by Tool Type 7.4. Global Drilling Tools Market Size (US$ Bn) Forecast, by Tool Type 7.5. Global Drilling Tools Market Analysis, by Tool Type 7.6. Global Drilling Tools Market Attractiveness Analysis, by Tool Type 8. Global Drilling Tools Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Drilling Tools Market Value Share Analysis, by Application 8.4. Global Drilling Tools Market Size (US$ Bn) Forecast, by Application 8.5. Global Drilling Tools Market Analysis, by Application 8.6. Global Drilling Tools Market Attractiveness Analysis, by Application 9. Global Drilling Tools Market Analysis, by Region 9.1. Global Drilling Tools Market Value Share Analysis, by Region 9.2. Global Drilling Tools Market Size (US$ Bn) Forecast, by Region 9.3. Global Drilling Tools Market Attractiveness Analysis, by Region 10. North America Drilling Tools Market Analysis 10.1. Key Findings 10.2. North America Drilling Tools Market Overview 10.3. North America Drilling Tools Market Value Share Analysis, by Tool Type 10.4. North America Drilling Tools Market Forecast, by Tool Type 10.4.1. Drill Bits 10.4.2. Drill Collars 10.4.3. Drilling Jars 10.4.4. Drilling Motors 10.4.5. Drilling Tubulars 10.4.6. Drill Swivels 10.4.7. Drill Reamers and Stabilizers 10.4.8. Mechanical Thrusters 10.4.9. Shock Tools 10.5. North America Drilling Tools Market Value Share Analysis, by Application 10.6. North America Drilling Tools Market Forecast, by Application 10.6.1. Onshore 10.6.2. Offshore 10.7. North America Drilling Tools Market Value Share Analysis, by Country 10.8. North America Drilling Tools Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Drilling Tools Market Analysis, by Country 10.10. U.S. Drilling Tools Market Forecast, by Tool Type 10.10.1. Drill Bits 10.10.2. Drill Collars 10.10.3. Drilling Jars 10.10.4. Drilling Motors 10.10.5. Drilling Tubulars 10.10.6. Drill Swivels 10.10.7. Drill Reamers and Stabilizers 10.10.8. Mechanical Thrusters 10.10.9. Shock Tools 10.11. U.S. Drilling Tools Market Forecast, by Application 10.11.1. Onshore 10.11.2. Offshore 10.12. Canada Drilling Tools Market Forecast, by Tool Type 10.12.1. Drill Bits 10.12.2. Drill Collars 10.12.3. Drilling Jars 10.12.4. Drilling Motors 10.12.5. Drilling Tubulars 10.12.6. Drill Swivels 10.12.7. Drill Reamers and Stabilizers 10.12.8. Mechanical Thrusters 10.13. Shock Tools Canada Drilling Tools Market Forecast, by Application 10.13.1. Onshore 10.13.2. Offshore 10.14. North America Drilling Tools Market Attractiveness Analysis 10.14.1. By Tool Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Drilling Tools Market Analysis 11.1. Key Findings 11.2. Europe Drilling Tools Market Overview 11.3. Europe Drilling Tools Market Value Share Analysis, by Tool Type 11.4. Europe Drilling Tools Market Forecast, by Tool Type 11.4.1. Drill Bits 11.4.2. Drill Collars 11.4.3. Drilling Jars 11.4.4. Drilling Motors 11.4.5. Drilling Tubulars 11.4.6. Drill Swivels 11.4.7. Drill Reamers and Stabilizers 11.4.8. Mechanical Thrusters 11.4.9. Shock Tools 11.5. Europe Drilling Tools Market Value Share Analysis, by Application 11.6. Europe Drilling Tools Market Forecast, by Application 11.6.1. Onshore 11.6.2. Offshore 11.7. Europe Drilling Tools Market Value Share Analysis, by Country 11.8. Europe Drilling Tools Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Drilling Tools Market Analysis, by Country 11.10. Germany Drilling Tools Market Forecast, by Tool Type 11.10.1. Drill Bits 11.10.2. Drill Collars 11.10.3. Drilling Jars 11.10.4. Drilling Motors 11.10.5. Drilling Tubulars 11.10.6. Drill Swivels 11.10.7. Drill Reamers and Stabilizers 11.10.8. Mechanical Thrusters 11.10.9. Shock Tools 11.11. Germany Drilling Tools Market Forecast, by Application 11.11.1. Onshore 11.11.2. Offshore 11.12. U.K. Drilling Tools Market Forecast, by Tool Type 11.12.1. Drill Bits 11.12.2. Drill Collars 11.12.3. Drilling Jars 11.12.4. Drilling Motors 11.12.5. Drilling Tubulars 11.12.6. Drill Swivels 11.12.7. Drill Reamers and Stabilizers 11.12.8. Mechanical Thrusters 11.12.9. Shock Tools 11.13. U.K. Drilling Tools Market Forecast, by Application 11.13.1. Onshore 11.13.2. Offshore 11.14. France Drilling Tools Market Forecast, by Tool Type 11.14.1. Drill Bits 11.14.2. Drill Collars 11.14.3. Drilling Jars 11.14.4. Drilling Motors 11.14.5. Drilling Tubulars 11.14.6. Drill Swivels 11.14.7. Drill Reamers and Stabilizers 11.14.8. Mechanical Thrusters 11.15. Shock Tools France Drilling Tools Market Forecast, by Application 11.15.1. Onshore 11.15.2. Offshore 11.16. Italy Drilling Tools Market Forecast, by Tool Type 11.16.1. Drill Bits 11.16.2. Drill Collars 11.16.3. Drilling Jars 11.16.4. Drilling Motors 11.16.5. Drilling Tubulars 11.16.6. Drill Swivels 11.16.7. Drill Reamers and Stabilizers 11.16.8. Mechanical Thrusters 11.16.9. Shock Tools 11.17. Italy Drilling Tools Market Forecast, by Application 11.17.1. Onshore 11.17.2. Offshore 11.18. Spain Drilling Tools Market Forecast, by Tool Type 11.18.1. Drill Bits 11.18.2. Drill Collars 11.18.3. Drilling Jars 11.18.4. Drilling Motors 11.18.5. Drilling Tubulars 11.18.6. Drill Swivels 11.18.7. Drill Reamers and Stabilizers 11.18.8. Mechanical Thrusters 11.18.9. Shock Tools 11.19. Spain Drilling Tools Market Forecast, by Application 11.19.1. Onshore 11.19.2. Offshore 11.20. Rest of Europe Drilling Tools Market Forecast, by Tool Type 11.20.1. Drill Bits 11.20.2. Drill Collars 11.20.3. Drilling Jars 11.20.4. Drilling Motors 11.20.5. Drilling Tubulars 11.20.6. Drill Swivels 11.20.7. Drill Reamers and Stabilizers 11.20.8. Mechanical Thrusters 11.20.9. Shock Tools 11.21. Rest Of Europe Drilling Tools Market Forecast, by Application 11.21.1. Onshore 11.21.2. Offshore 11.22. Europe Drilling Tools Market Attractiveness Analysis 11.22.1. By Tool Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Drilling Tools Market Analysis 12.1. Key Findings 12.2. Asia Pacific Drilling Tools Market Overview 12.3. Asia Pacific Drilling Tools Market Value Share Analysis, by Tool Type 12.4. Asia Pacific Drilling Tools Market Forecast, by Tool Type 12.4.1. Drill Bits 12.4.2. Drill Collars 12.4.3. Drilling Jars 12.4.4. Drilling Motors 12.4.5. Drilling Tubulars 12.4.6. Drill Swivels 12.4.7. Drill Reamers and Stabilizers 12.4.8. Mechanical Thrusters 12.4.9. Shock Tools 12.5. Asia Pacific Drilling Tools Market Value Share Analysis, by Application 12.6. Asia Pacific Drilling Tools Market Forecast, by Application 12.6.1. Onshore 12.6.2. Offshore 12.7. Asia Pacific Drilling Tools Market Value Share Analysis, by Country 12.8. Asia Pacific Drilling Tools Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Drilling Tools Market Analysis, by Country 12.10. China Drilling Tools Market Forecast, by Tool Type 12.10.1. Drill Bits 12.10.2. Drill Collars 12.10.3. Drilling Jars 12.10.4. Drilling Motors 12.10.5. Drilling Tubulars 12.10.6. Drill Swivels 12.10.7. Drill Reamers and Stabilizers 12.10.8. Mechanical Thrusters 12.11. Shock Tools China Drilling Tools Market Forecast, by Application 12.11.1. Onshore 12.11.2. Offshore 12.12. India Drilling Tools Market Forecast, by Tool Type 12.12.1. Drill Bits 12.12.2. Drill Collars 12.12.3. Drilling Jars 12.12.4. Drilling Motors 12.12.5. Drilling Tubulars 12.12.6. Drill Swivels 12.12.7. Drill Reamers and Stabilizers 12.12.8. Mechanical Thrusters 12.12.9. Shock Tools 12.13. India Drilling Tools Market Forecast, by Application 12.13.1. Onshore 12.13.2. Offshore 12.14. Japan Drilling Tools Market Forecast, by Tool Type 12.14.1. Drill Bits 12.14.2. Drill Collars 12.14.3. Drilling Jars 12.14.4. Drilling Motors 12.14.5. Drilling Tubulars 12.14.6. Drill Swivels 12.14.7. Drill Reamers and Stabilizers 12.14.8. Mechanical Thrusters 12.14.9. Shock Tools 12.15. Japan Drilling Tools Market Forecast, by Application 12.15.1. Onshore 12.15.2. Offshore 12.16. ASEAN Drilling Tools Market Forecast, by Tool Type 12.16.1. Drill Bits 12.16.2. Drill Collars 12.16.3. Drilling Jars 12.16.4. Drilling Motors 12.16.5. Drilling Tubulars 12.16.6. Drill Swivels 12.16.7. Drill Reamers and Stabilizers 12.16.8. Mechanical Thrusters 12.16.9. Shock Tools 12.17. ASEAN Drilling Tools Market Forecast, by Application 12.17.1. Onshore 12.17.2. Offshore 12.18. Rest of Asia Pacific Drilling Tools Market Forecast, by Tool Type 12.18.1. Drill Bits 12.18.2. Drill Collars 12.18.3. Drilling Jars 12.18.4. Drilling Motors 12.18.5. Drilling Tubulars 12.18.6. Drill Swivels 12.18.7. Drill Reamers and Stabilizers 12.18.8. Mechanical Thrusters 12.18.9. Shock Tools 12.19. Rest of Asia Pacific Drilling Tools Market Forecast, by Application 12.19.1. Onshore 12.19.2. Offshore 12.20. Asia Pacific Drilling Tools Market Attractiveness Analysis 12.20.1. By Tool Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Drilling Tools Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Drilling Tools Market Overview 13.3. Middle East & Africa Drilling Tools Market Value Share Analysis, by Tool Type 13.4. Middle East & Africa Drilling Tools Market Forecast, by Tool Type 13.4.1. Drill Bits 13.4.2. Drill Collars 13.4.3. Drilling Jars 13.4.4. Drilling Motors 13.4.5. Drilling Tubulars 13.4.6. Drill Swivels 13.4.7. Drill Reamers and Stabilizers 13.4.8. Mechanical Thrusters 13.4.9. Shock Tools 13.5. Middle East & Africa Drilling Tools Market Value Share Analysis, by Application 13.6. Middle East & Africa Drilling Tools Market Forecast, by Application 13.6.1. Onshore 13.6.2. Offshore 13.7. Middle East & Africa Drilling Tools Market Value Share Analysis, by Country 13.8. Middle East & Africa Drilling Tools Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Drilling Tools Market Analysis, by Country 13.10. GCC Drilling Tools Market Forecast, by Tool Type 13.10.1. Drill Bits 13.10.2. Drill Collars 13.10.3. Drilling Jars 13.10.4. Drilling Motors 13.10.5. Drilling Tubulars 13.10.6. Drill Swivels 13.10.7. Drill Reamers and Stabilizers 13.10.8. Mechanical Thrusters 13.10.9. Shock Tools 13.11. GCC Drilling Tools Market Forecast, by Application 13.11.1. Onshore 13.11.2. Offshore 13.12. South Africa Drilling Tools Market Forecast, by Tool Type 13.12.1. Drill Bits 13.12.2. Drill Collars 13.12.3. Drilling Jars 13.12.4. Drilling Motors 13.12.5. Drilling Tubulars 13.12.6. Drill Swivels 13.12.7. Drill Reamers and Stabilizers 13.12.8. Mechanical Thrusters 13.13. Shock Tools South Africa Drilling Tools Market Forecast, by Application 13.13.1. Onshore 13.13.2. Offshore 13.14. Rest of Middle East & Africa Drilling Tools Market Forecast, by Tool Type 13.14.1. Drill Bits 13.14.2. Drill Collars 13.14.3. Drilling Jars 13.14.4. Drilling Motors 13.14.5. Drilling Tubulars 13.14.6. Drill Swivels 13.14.7. Drill Reamers and Stabilizers 13.14.8. Mechanical Thrusters 13.14.9. Shock Tools 13.15. Rest of Middle East & Africa Drilling Tools Market Forecast, by Application 13.15.1. Onshore 13.15.2. Offshore 13.16. Middle East & Africa Drilling Tools Market Attractiveness Analysis 13.16.1. By Tool Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Drilling Tools Market Analysis 14.1. Key Findings 14.2. South America Drilling Tools Market Overview 14.3. South America Drilling Tools Market Value Share Analysis, by Tool Type 14.4. South America Drilling Tools Market Forecast, by Tool Type 14.4.1. Drill Bits 14.4.2. Drill Collars 14.4.3. Drilling Jars 14.4.4. Drilling Motors 14.4.5. Drilling Tubulars 14.4.6. Drill Swivels 14.4.7. Drill Reamers and Stabilizers 14.4.8. Mechanical Thrusters 14.5. Shock Tools South America Drilling Tools Market Value Share Analysis, by Application 14.6. South America Drilling Tools Market Forecast, by Application 14.6.1. Onshore 14.6.2. Offshore 14.7. South America Drilling Tools Market Value Share Analysis, by Country 14.8. South America Drilling Tools Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Drilling Tools Market Analysis, by Country 14.10. Brazil Drilling Tools Market Forecast, by Tool Type 14.10.1. Drill Bits 14.10.2. Drill Collars 14.10.3. Drilling Jars 14.10.4. Drilling Motors 14.10.5. Drilling Tubulars 14.10.6. Drill Swivels 14.10.7. Drill Reamers and Stabilizers 14.10.8. Mechanical Thrusters 14.11. Shock Tools Brazil Drilling Tools Market Forecast, by Application 14.11.1. Onshore 14.11.2. Offshore 14.12. Mexico Drilling Tools Market Forecast, by Tool Type 14.12.1. Drill Bits 14.12.2. Drill Collars 14.12.3. Drilling Jars 14.12.4. Drilling Motors 14.12.5. Drilling Tubulars 14.12.6. Drill Swivels 14.12.7. Drill Reamers and Stabilizers 14.12.8. Mechanical Thrusters 14.13. Shock Tools Mexico Drilling Tools Market Forecast, by Application 14.13.1. Onshore 14.13.2. Offshore 14.14. Rest of South America Drilling Tools Market Forecast, by Tool Type 14.14.1. Drill Bits 14.14.2. Drill Collars 14.14.3. Drilling Jars 14.14.4. Drilling Motors 14.14.5. Drilling Tubulars 14.14.6. Drill Swivels 14.14.7. Drill Reamers and Stabilizers 14.14.8. Mechanical Thrusters 14.14.9. Shock Tools 14.15. Rest of South America Drilling Tools Market Forecast, by Application 14.15.1. Onshore 14.15.2. Offshore 14.16. South America Drilling Tools Market Attractiveness Analysis 14.16.1. By Tool Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Application Launches and Application Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Schlumberger Limited 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Application Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Halliburton Company 15.3.3. National-Oilwell Varco, Inc. 15.3.4. Sandvik AB 15.3.5. Baker Hughes A GE Co. 15.3.6. Tenaris SA 15.3.7. TMK Ipsco Enterprises Inc. 15.3.8. Vallourec SA 15.3.9. Stabil Drill Baker Hughes 15.3.10. Cougar Drilling Solutions 15.3.11. Drilling Tools International 15.3.12. Rubicon Oilfield International 15.3.13. Bico Drilling Tools 15.3.14. Dynomax Drilling Tools 15.3.15. United Drilling Tools LTD 15.3.16. BICO Drilling Products 15.3.17. X Drilling Tools 15.3.18. Redback Drilling Tools, 15.3.19. Knight Oil Tools 15.3.20. Weatherford International 15.3.21. Gyrodata 15.3.22. Pacesetter Directional Drilling 15.3.23. Scientific Drilling 15.3.24. Tianhe Oil Group 15.3.25. Wenzel Downhole Tools 15.3.26. Pacesetter Directional Drilling 15.3.27. Solid Control Equipment 16. Primary Key Insight