Table of Contents PART 01: Executive summary PART 02: Scope of the report • Market overview • Top-vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights • Technological overview PART 05: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 06: Market segmentation by product type • Global drill bit market in oil and gas by product type 2017-2021 • Global drill bit market in oil and gas by fixed cutter bits • Global drill bit market in oil and gas by roller cone cutter bits PART 07: Market segmentation by application • Global drill bit market in oil and gas by application 2017-2021 • Global drill bit market by onshore • Global drill bit market by offshore PART 08: Market segmentation by Geography • Global oil and gas drill bits market by geography 2017-2021 • Global oil and gas drill bits market by Americas • Global oil and gas drill bits market by EMEA • Global oil and gas drill bits market by APAC PART 09: Market drivers • Migration of drilling into unconventional areas • Increased use of horizontal and multilateral wells • Focus on reduction of non-productive time (NPT) PART 10: Impact of drivers PART 11: Market challenges • Decreasing profitability of upstream petroleum companies • Declining investments in oil and gas industry • Reduction and optimization of drilling cost PART 12: Impact of drivers and challenges PART 13: Market trends • Integration of drill bits in bottom-hole assemblies • Development of application-specific bit technology • Advancement of EOR technology PART 14: Vendor landscape • Competitive scenario • Other prominent vendors PART 15: Key vendor analysis • National Oilwell Varco • Baker Hughes • Halliburton • Varel International • Schlumberger PART 16: Appendix • List of abbreviations PART 17: Explore Technavio List of Exhibits Exhibit 01: Key countries in each region Exhibit 02: Product offerings Exhibit 03: Oil and gas market value chain Exhibit 04: Petroleum upstream activities stages Exhibit 05: Drill bits types Exhibit 06: Different drill bit types and their impact on different parameters Exhibit 07: Segmentation of drill bit market in oil and gas Exhibit 08: Global drill bit market in oil and gas 2016-2021 ($ million) Exhibit 09: Five forces analysis Exhibit 10: Global drill bits market in oil and gas by product type 2016-2021 (%) Exhibit 11: Global drill bit market in oil and gas by type 2016-2021 ($ million) Exhibit 12: Global drill bit market in oil and gas by fixed cutter bits 2016-2021 ($ million) Exhibit 13: Global drill bit market in oil and gas by roller cone bits 2016-2021 ($ million) Exhibit 14: Global drill bit market in oil and gas by application 2016-2021 (%) Exhibit 15: Global drill bit market in oil and gas by application 2016-2021 ($ million) Exhibit 16: Global drill bit market by onshore 2016-2021 ($ million) Exhibit 17: Global drill bit market by offshore 2016-2021 ($ million) Exhibit 18: Global drill bits market in oil and gas by geography 2016-2021 (%) Exhibit 19: Global drill bit market in oil and gas by geography 2016-2021 ($ million) Exhibit 20: Americas oil and gas drill bit market outlook 2016-2021 ($ million) Exhibit 21: US offshore rig count 2015-2016 Exhibit 22: US onshore rig count 2015-2016 Exhibit 23: EMEA oil and gas drill bit market outlook 2016-2021 ($ million) Exhibit 24: APAC oil and gas drill bit market outlook 2016-2021 ($ million) Exhibit 25: Shifting bases of hydrocarbon exploration Exhibit 26: Different well types Exhibit 27: Illustration showing different well types Exhibit 28: Cost of crude oil production in various countries ($/Bbl.) Exhibit 29: Impact of drivers Exhibit 30: Global crude oil price disparity over last decade Exhibit 31: Comparison of profits at different crude prices (in $/barrel of crude oil) Exhibit 32: Investment over in oil and gas industry ($ million) Exhibit 33: Impact of drivers and challenges Exhibit 34: Business segmentation by revenue, 2015 Exhibit 35: Key vendor offerings Exhibit 36: Recent developments Exhibit 37: Business segmentation by revenue 2015 Exhibit 38: Key vendor offerings Exhibit 39: Recent developments Exhibit 40: Business segmentation by revenue 2015 Exhibit 41: Key vendor offerings Exhibit 42: Key vendor offerings Exhibit 43: Recent developments Exhibit 44: Business segmentation by revenue, 2105 Exhibit 45: Key vendor offerings Exhibit 46: Recent developments

Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, Varel International, Atlas Copco AB, Bellwether Resources International, Bit Brokers International, Century Products, DRILLBITS International (DBI), Drilformance, Drill King International, Drilling Products (DPI), Harvest Tool Company, Hole Products, Kay Rock Bit Company, Master Oil Tool, Nile Petroleum Industrial Company (NPICO), OTS International, PDB Tools.