Drill Bits Market Challenges, Key Players, Industry Segments, Opportunities, Forecast Report 2027

Page 3

Drill Bits Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Drill Bits Market Research Report- Forecast 2027” Drill Bits Global Market

–Segments

• The Drill Bits Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding; • Segmentation By Type

: Comprises Rolling cutter and fixed cutter bits.

• Segmentation By End Market/ Well Type : Comprises land and offshore. • Segmentation By Regions of the World.

: Comprises Geographical regions - North America, Europe, APAC and Rest

Drill Bits Global Market – Synopsis There are basically three types of drilling bits - Drag Bits, Roller Cone Bits and Diamond Bits. Drag bits were the first bits used in rotary drilling but are no longer in common use. A drag bit consists of rigid steel blades shaped like a fishtail which rotate as a single unit. These simple designs were used up to 1900 to successfully drill through soft formations. Since then a number of mechanical (Design) technological innovations have taken place in the world of Drilling Bits. Such as; PDC Drill Bits to achieve maximum performance in a defined application. Roller Cone Drill Bits, a Three-cone bit maximizes performance in a defined application. Products include TCI bits and steel tooth bits for the toughest drilling applications. Hole Enlargement Technologies and Hybrid Drill Bit Technology. While improvements in cutter and matrix design have delivered significant advantages, bit hydraulics play a major role in achieving drilling efficiency. Unless cuttings are properly swept from the rock face, and unless there is adequate junk slot area to conduct them up and away from the bit, valuable energy is wasted re-grinding the cuttings instead of breaking new rock. 3

www.marketresearchfuture.com


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.