Market Overview

PDC Drill Bits Market in the Global Oil & Gas Industry (2018-2022): Increased Use of Horizontal & Multilateral Wells -


The "Global
PDC Drill Bits Market in Oil and Gas Industry 2018-2022"
has been added to's offering.

The global PDC drill bits market in oil and gas industry is anticipated
to grow at a CAGR of 4.36% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the rising
investments in renewable energy. The share of renewable energy in the
energy mix is growing rapidly across the world due to the depletion of
fossil fuel reserves and increasing focus on the environment.

According to the report, one of the major drivers for this market is the
increased use of horizontal and multilateral wells. PDC drill bits are
most commonly used for conventional and unconventional drilling

Further, the report states that one of the major factors hindering the
growth of this market is the uncertainities associated with low crude
oil prices. Any fluctuations in crude oil prices will affect the
performance of many upstream companies.

Key Vendors

  • Atlas Copco
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Market Segmentation by Product

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit

View Comments and Join the Discussion!