世界の地熱ドリルビット市場調査レポート情報 – 2032年までのレポート予測

Global Geothermal Drill Bits Market Research Report Information

Global Geothermal Drill Bits Market Research Report Information by Type (Tricone Drill Bits, PDC Drill Bits, and Others), By Application (Power Generation, District Heating and others), and by Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) Analysis till 2035

商品番号 : SMB-81154

出版社 Market Research Future
出版年月2025年5月
ページ数136
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

世界の地熱ドリルビット市場調査レポート情報 – 最終用途 (ザントゲン酸エチル、ザントゲン酸イソプロピル、ザントゲン酸ブチル、ザントゲン酸アミル)、電圧別 (石炭鉱業、金属鉱業、採石場および非金属鉱山)、地域別 (北米、ヨーロッパ、アジア太平洋、ラテンアメリカ、中東およびアフリカ) 2032年までのレポート予測

Market Overview

Global Geothermal Drill Bits Market is expected to develop at a common annual growth rate (CAGR) of 6.48% from 2025 to 2035. The global market for geothermal drill bits is experiencing growth, primarily fueled by the rising demand for renewable energy and supportive government policies promoting geothermal energy initiatives. For the global market research, this rising demand for geothermal energy identifies itself as a direct catalyst. Government incentives and policies drive investment in the geothermal drill bits industry while creating a long-term opportunity for manufacturer.

世界の地熱ドリルビット市場は、2025年から2035年にかけて6.48%の年平均成長率(CAGR)で成長すると予測されています。世界の地熱ドリルビット市場は、再生可能エネルギーへの需要の高まりと、地熱エネルギー事業を促進する政府の政策に牽引され、成長を遂げています。世界市場調査では、この地熱エネルギーへの需要の高まりが直接的な促進要因となっていることが示されています。政府の優遇措置と政策は、地熱ドリルビット業界への投資を促進すると同時に、メーカーにとって長期的なビジネスチャンスを生み出しています。

Having high initial capital costs for geothermal drilling and technological limitations and inadequate infrastructure are some of the significant challenges in the global geothermal drill bits market. One of the significant barriers while making entry for developers and companies is to invest in high-cost geothermal projects. Having the lack of proper infrastructure, increasing the cost of power generation and the demand of geothermal drill bits could also create a limit in overall efficiency of the global geothermal drill bits market operations.

Rising exploration of deep geothermal resources and increasing investment in geothermal energy by private sector are major factors that driving the global geothermal drill bits market. The need for geothermal drill bits is expected to increase as private enterprises want to take advantage of the long-term potential of geothermal energy, specifically in areas where geothermal resources are substantial but not yet completely developed. As geothermal exploration moves toward deeper underground levels, the demand for specialized drill bits suited to these extreme conditions is growing. These drill bits must offer exceptional heat tolerance, resistance to wear, and long-lasting durability to endure the challenging environments associated with deep geothermal drilling.

Market Segmentation

The Global geothermal drill bits market is segmented into types including tricone drill bits, PDC drill bits, and others.

In terms of application type, the global geothermal drill bits market has been categorized into Power Generation, District Heating and others.

The global geothermal drill bits market has been segmented into regions including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Regional Insights

This market provides regional insights across key areas including Europe, Asia-Pacific, North America, South America, and the Middle East & Africa. North America is expected to lead the geothermal drill bit market, driven by the rising demand for space and water heating solutions. As offshore geothermal resource extraction grows, the demand for geothermal drill bits is also projected to rise. Moreover, government incentives and policies aimed at promoting ecofriendly energy production technologies, which are likely to boost the demand for geothermal drill bits in these regions.

Europe ranks as the second-largest contributor to the geothermal drill bits sector, driven by substantial investments in geothermal energy projects and the widespread presence of geothermal power facilities. The United Kingdom is witnessing rapid growth within this market. Meanwhile, the Asia-Pacific region also boasts a vast consumer base with a growing demand for geothermal energy. Among the Asia Pacific countries like China and India led the market in terms of share and known as the fastest growing market in the region.

Major Players

Epiroc, Halliburton, NOV, SLB (formerly Schlumberger), BIT BROKERS INTERNATIONAL, LTD., VAREL ENERGY SOLUTIONS, AMERICA WEST DRILLING SUPPLY, TORQUATO DRILLING ACCESSORIES INC., and BAKER HUGHES COMPANY are the leading companies in the Global Geothermal Drill Bits market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY …………………………………………………………………………………………………………………. 15

2 MARKET INTRODUCTION ……………………………………………………………………………………………………………… 18

2.1 DEFINITION ………………………………………………………………………………………………………………………………………………………………….18

2.2 SCOPE OF THE STUDY ……………………………………………………………………………………………………………………………………………….18

2.3 RESEARCH OBJECTIVE ……………………………………………………………………………………………………………………………………………..19

2.4 MARKET STRUCTURE ……………………………………………………………………………………………………………………………………………….20

3 RESEARCH METHODOLOGY ………………………………………………………………………………………………………… 21

3.1 OVERVIEW …………………………………………………………………………………………………………………………………………………………………..21

3.2 DATA FLOW …………………………………………………………………………………………………………………………………………………………………23

3.2.1 DATA MINING PROCESS ……………………………………………………………………………………………………………………………….. 24

3.3 PURCHASED DATABASE: …………………………………………………………………………………………………………………………………………..25

3.4 SECONDARY SOURCES: ………………………………………………………………………………………………………………………………………………26

3.4.1 SECONDARY RESEARCH DATA FLOW: ……………………………………………………………………………………………………………… 27

3.5 PRIMARY RESEARCH: ………………………………………………………………………………………………………………………………………………..28

3.5.1 PRIMARY RESEARCH DATA FLOW: …………………………………………………………………………………………………………………. 29

3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED ………………………………………………………………………………. 30

3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE ……………………………………………………………………………………………………. 30

3.6 APPROACHES FOR MARKET SIZE ESTIMATION: ………………………………………………………………………………………………….31

3.6.1 CONSUMPTION & NET TRADE APPROACH ………………………………………………………………………………………………………… 31

3.6.2 REVENUE ANALYSIS APPROACH …………………………………………………………………………………………………………………….. 31

3.7 DATA FORECASTING ………………………………………………………………………………………………………………………………………………….32

3.7.1 DATA FORECASTING TECHNIQUE ……………………………………………………………………………………………………………………. 32

3.8 DATA MODELING ………………………………………………………………………………………………………………………………………………………..33

3.8.1 MICROECONOMIC FACTOR ANALYSIS: …………………………………………………………………………………………………………….. 33

3.8.2 DATA MODELING: ………………………………………………………………………………………………………………………………………… 33

3.9 TEAMS AND ANALYST CONTRIBUTION …………………………………………………………………………………………………………………35

4 MARKET DYNAMICS ……………………………………………………………………………………………………………………… 37

4.1 INTRODUCTION …………………………………………………………………………………………………………………………………………………………..37

4.2 DRIVERS ……………………………………………………………………………………………………………………………………………………………………….37

4.2.1 RISING DEMAND FOR RENEWABLE ENERGY SOURCES …………………………………………………………………………………………. 37

4.2.2 GOVERNMENT POLICIES AND INCENTIVES FOR GEOTHERMAL ENERGY ………………………………………………………………….. 37

4.3 RESTRAINTS ……………………………………………………………………………………………………………………………………………………………….37

4.3.1 HIGH INITIAL CAPITAL COSTS FOR GEOTHERMAL DRILLING ………………………………………………………………………………… 37

4.3.2 TECHNOLOGICAL LIMITATIONS AND INADEQUATE INFRASTRUCTURE ……………………………………………………………………. 38

4.4 OPPORTUNITY …………………………………………………………………………………………………………………………………………………………….38

4.4.1 INCREASING INVESTMENT IN GEOTHERMAL ENERGY BY PRIVATE SECTOR …………………………………………………………….. 38

4.4.2 RISING EXPLORATION OF DEEP GEOTHERMAL RESOURCES …………………………………………………………………………………. 38

4.5 IMPACT ANALYSIS OF COVID-19 ……………………………………………………………………………………………………………………………..39

4.5.1 DISRUPTION OF GEOTHERMAL ENERGY PROJECTS AND DRILLING OPERATIONS ……………………………………………………… 39

4.5.2 SUPPLY CHAIN DISRUPTIONS AND MATERIAL SHORTAGES …………………………………………………………………………………. 39

4.5.3 DECLINE IN GEOTHERMAL ENERGY INVESTMENTS …………………………………………………………………………………………….. 39

4.5.4 WORKFORCE AND LABOR SHORTAGES …………………………………………………………………………………………………………….. 40

4.6 IMPACT OF RUSSIA-UKRAINE WAR ……………………………………………………………………………………………………………………….40

4.6.1 IMPACT ON GLOBAL OIL PRICES …………………………………………………………………………………………………………………….. 40

4.6.2 SHIFT IN ENERGY DEMAND AND DIVERSIFICATION EFFORTS ……………………………………………………………………………….. 40

4.6.3 SUPPLY CHAIN DISRUPTIONS AND MATERIAL SHORTAGES:…………………………………………………………………………………. 41

4.6.4 ENERGY CRISIS AND SHIFTING GEOPOLITICAL DYNAMICS: ………………………………………………………………………………….. 41

4.6.5 GEOPOLITICAL RISKS AND MARKET UNCERTAINTY: …………………………………………………………………………………………… 41

4.7 TRADE WAR IMPACT ON THE MARKET ………………………………………………………………………………………………………………..42

4.7.1 DISRUPTIONS IN THE GLOBAL SUPPLY CHAIN …………………………………………………………………………………………………… 42

4.7.2 INCREASED COST OF MANUFACTURING AND EQUIPMENT PRICES ………………………………………………………………………… 42

4.7.3 SHIFTS IN MARKET DYNAMICS AND REGIONAL COMPETITIVENESS ………………………………………………………………………. 43

5 MARKET FACTOR ANALYSIS ………………………………………………………………………………………………………… 44

5.1 SUPPLY/VALUE CHAIN ANALYSIS ………………………………………………………………………………………………………………………….44

5.1.1 RAW MATERIAL PROCUREMENT …………………………………………………………………………………………………………………….. 44

5.1.2 MANUFACTURING ……………………………………………………………………………………………………………………………………….. 44

5.1.3 DISTRIBUTION AND LOGISTICS ………………………………………………………………………………………………………………………. 45

5.1.4 DISTRIBUTION AND RETAIL ……………………………………………………………………………………………………………………………. 45

5.1.5 DEMAND AND MARKET DYNAMICS …………………………………………………………………………………………………………………. 46

5.2 PORTER’S FIVE FORCES MODEL ……………………………………………………………………………………………………………………………….46

5.2.1 THREAT OF NEW ENTRANTS ………………………………………………………………………………………………………………………….. 48

5.2.2 BARGAINING POWER OF SUPPLIERS ……………………………………………………………………………………………………………….. 48

5.2.3 BARGAINING POWER OF BUYERS ……………………………………………………………………………………………………………………. 48

5.2.4 THREAT OF SUBSTITUTES …………………………………………………………………………………………………………………………….. 49

5.2.5 INDUSTRY RIVALRY ……………………………………………………………………………………………………………………………………… 49

5.3 REGULATORY FRAMEWORK ……………………………………………………………………………………………………………………………………50

5.3.1 GEOTHERMAL ENERGY REGULATIONS …………………………………………………………………………………………………………….. 50

5.3.2 GEOTHERMAL RESOURCE MANAGEMENT ………………………………………………………………………………………………………… 50

5.3.3 2. ENVIRONMENTAL REGULATIONS AND STANDARDS ………………………………………………………………………………………… 50

5.3.4 EMISSIONS STANDARDS……………………………………………………………………………………………………………………………….. 51

5.3.5 WASTE DISPOSAL AND RECLAMATION…………………………………………………………………………………………………………….. 51

5.3.6 GLOBAL ENVIRONMENTAL STANDARDS …………………………………………………………………………………………………………… 51

5.3.7 NDUSTRY-SPECIFIC STANDARDS FOR GEOTHERMAL DRILL BITS …………………………………………………………………………… 51

5.3.8 MARKET-SPECIFIC REGULATIONS …………………………………………………………………………………………………………………… 52

5.4 TECHNOLOGICAL ADVANCEMENTS ……………………………………………………………………………………………………………………….52

5.5  BROAD GAP LEVEL ANALYSIS …………………………………………………………………………………………………………………………………54

5.5.1 SEGMENTATION BY TYPE ……………………………………………………………………………………………………………………………… 54

5.5.2 SEGMENTATION BY APPLICATION ………………………………………………………………………………………………………………….. 55

5.6 R&D UPDATE ……………………………………………………………………………………………………………………………………………………………….56

6 GLOBAL GEOTHERMAL DRILL BITS MARKET, BY TYPE ………………………………………………………………… 59

6.1 INTRODUCTION …………………………………………………………………………………………………………………………………………………………..59

6.1.1 TRICONE DRILL BITS ……………………………………………………………………………………………………………………………………. 59

6.1.2 PDC DRILL BITS…………………………………………………………………………………………………………………………………………… 59

6.1.3 OTHERS …………………………………………………………………………………………………………………………………………………….. 59

7 GLOBAL GEOTHERMAL DRILL BITS MARKET, BY APPLICATION ……………………………………………………. 61

7.1 INTRODUCTION …………………………………………………………………………………………………………………………………………………………..61

7.1.1 POWER GENERATION …………………………………………………………………………………………………………………………………… 61

7.1.2 DISTRICT HEATING………………………………………………………………………………………………………………………………………. 61

7.1.3 OTHERS …………………………………………………………………………………………………………………………………………………….. 61

8 GLOBAL GEOTHERMAL DRILL BITS MARKET, BY REGION ……………………………………………………………. 63

8.1 INTRODUCTION …………………………………………………………………………………………………………………………………………………………..63

8.1.1 NORTH AMERICA ………………………………………………………………………………………………………………………………………… 64

8.1.1.1 US ……………………………………………………………………………………………………………………………………………………. 65

8.1.1.2 CANADA ……………………………………………………………………………………………………………………………………………. 65

8.1.1.3 MEXICO …………………………………………………………………………………………………………………………………………….. 66

8.1.2 EUROPE …………………………………………………………………………………………………………………………………………………….. 67

8.1.2.1 GERMANY ………………………………………………………………………………………………………………………………………….. 67

8.1.2.2 UK ……………………………………………………………………………………………………………………………………………………. 68

8.1.2.3 FRANCE …………………………………………………………………………………………………………………………………………….. 68

8.1.2.4 ITALY ……………………………………………………………………………………………………………………………………………….. 69

8.1.2.5 SPAIN ……………………………………………………………………………………………………………………………………………….. 69

8.1.2.6 REST OF EUROPE ………………………………………………………………………………………………………………………………… 70

8.1.3 ASIA-PACIFIC ……………………………………………………………………………………………………………………………………………… 70

8.1.3.1 JAPAN ………………………………………………………………………………………………………………………………………………. 71

8.1.3.2 CHINA ………………………………………………………………………………………………………………………………………………. 71

8.1.3.3 INDIA ………………………………………………………………………………………………………………………………………………… 72

8.1.3.4 SOUTH KOREA ……………………………………………………………………………………………………………………………………. 72

8.1.3.5 INDONESIA ………………………………………………………………………………………………………………………………………… 73

8.1.3.6 MALAYSIA …………………………………………………………………………………………………………………………………………. 73

8.1.3.7 REST OF ASIA PACIFIC …………………………………………………………………………………………………………………………. 74

8.1.4 SOUTH AMERICA …………………………………………………………………………………………………………………………………………. 74

8.1.4.1 BRAZIL ……………………………………………………………………………………………………………………………………………… 75

8.1.4.2 ARGENTINA ……………………………………………………………………………………………………………………………………….. 75

8.1.4.3 REST OF SOUTH AMERICA …………………………………………………………………………………………………………………….. 76

8.1.5 MIDDLE EAST & AFRICA ………………………………………………………………………………………………………………………………… 76

8.1.5.1 SOUTH AFRICA …………………………………………………………………………………………………………………………………… 77

8.1.5.2 GCC COUNTRIES …………………………………………………………………………………………………………………………………. 77

8.1.5.3 REST OF MIDDLE EAST AND AFRICA ………………………………………………………………………………………………………… 78

9 COMPETITIVE LANDSCAPE ………………………………………………………………………………………………………….. 79

9.1 INTRODUCTION …………………………………………………………………………………………………………………………………………………………..79

9.2 MARKET SHARE ANALYSIS, 2024 …………………………………………………………………………………………………………………………..79

10 COMPANY PROFILES ……………………………………………………………………………………………………………………. 80

10.1 EPIROC ………………………………………………………………………………………………………………………………………………………………………….80

10.1.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 80

10.1.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 80

10.1.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 82

10.1.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 82

10.2 HALLIBURTON …………………………………………………………………………………………………………………………………………………………….83

10.2.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 83

10.2.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 83

10.2.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 85

10.2.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 85

10.3 NOV ……………………………………………………………………………………………………………………………………………………………………………….86

10.3.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 86

10.3.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 86

10.3.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 88

10.3.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 88

10.4 SLB ………………………………………………………………………………………………………………………………………………………………………………..89

10.4.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 89

10.4.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 89

10.4.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 91

10.4.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 91

10.5 BIT BROKERS INTERNATIONAL, LTD. …………………………………………………………………………………………………………………….92

10.5.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 92

10.5.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 92

10.5.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 94

10.5.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 94

10.6 VAREL ENERGY SOLUTIONS …………………………………………………………………………………………………………………………………….95

10.6.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 95

10.6.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 95

10.6.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 97

10.6.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 97

10.7 AMERICA WEST DRILLING SUPPLY ………………………………………………………………………………………………………………………..98

10.7.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 98

10.7.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 98

10.7.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 100

10.7.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 100

10.8 TORQUATO DRILLING ACCESSORIES INC. ………………………………………………………………………………………………………………101

10.8.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 101

10.8.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 101

10.8.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 103

10.8.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 103

10.9 BAKER HUGHES COMPANY ………………………………………………………………………………………………………………………………………104

10.9.1 COMPANY OVERVIEW…………………………………………………………………………………………………………………………………… 104

10.9.2 PRODUCTS OFFERED ……………………………………………………………………………………………………………………………………. 104

10.9.3 SWOT ANALYSIS …………………………………………………………………………………………………………………………………………. 105

10.9.4 KEY STRATEGY …………………………………………………………………………………………………………………………………………… 106

11 DATA CITATIONS ………………………………………………………………………………………………………………………….. 107

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 34

TABLE 2 GLOBAL GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 60

TABLE 3 GLOBAL GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 62

TABLE 4 GLOBAL GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY REGION, 2019–2035 (USD MILLION) 64

TABLE 5 NORTH AMERICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 64

TABLE 6 NORTH AMERICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 64

TABLE 7 US GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 65

TABLE 8 US GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 65

TABLE 9 CANADA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 65

TABLE 10 CANADA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 65

TABLE 11 MEXICO GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 66

TABLE 12 MEXICO GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 66

TABLE 13 EUROPE GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 67

TABLE 14 EUROPE GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 67

TABLE 15 GERMANY GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 67

TABLE 16 GERMANY GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 67

TABLE 17 UK GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 68

TABLE 18 UK GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 68

TABLE 19 FRANCE GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 68

TABLE 20 FRANCE GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 68

TABLE 21 ITALY GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 69

TABLE 22 ITALY GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 69

TABLE 23 SPAIN GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 69

TABLE 24 SPAIN GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 69

TABLE 25 REST OF EUROPE GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 70

TABLE 26 REST OF EUROPE GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 70

TABLE 27 ASIA-PACIFIC GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 70

TABLE 28 ASIA-PACIFIC GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 70

TABLE 29 JAPAN GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 71

TABLE 30 JAPAN GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 71

TABLE 31 CHINA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 71

TABLE 32 CHINA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 71

TABLE 33 INDIA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 72

TABLE 34 INDIA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 72

TABLE 35 SOUTH KOREA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 72

TABLE 36 SOUTH KOREA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 72

TABLE 37 INDONESIA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 73

TABLE 38 INDONESIA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 73

TABLE 39 MALAYSIA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 73

TABLE 40 MALAYSIA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 73

TABLE 41 REST OF ASIA PACIFIC GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 74

TABLE 42 REST OF ASIA PACIFIC GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 74

TABLE 43 SOUTH AMERICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 74

TABLE 44 SOUTH AMERICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 74

TABLE 45 BRAZIL GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 75

TABLE 46 BRAZIL GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 75

TABLE 47 ARGENTINA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 75

TABLE 48 ARGENTINA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 75

TABLE 49 REST OF SOUTH AMERICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 76

TABLE 50 REST OF SOUTH AMERICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 76

TABLE 51 MIDDLE EAST AND AFRICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 76

TABLE 52 MIDDLE EAST AND AFRICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 76

TABLE 53 SOUTH AFRICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 77

TABLE 54 SOUTH AFRICA GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 77

TABLE 55 GCC COUNTRIES GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 77

TABLE 56 GCC COUNTRIES GEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD MILLION) 77

TABLE 57 REST OF MIDDLE EAST AND AFRICAGEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY TYPE, 2019–2035 (USD MILLION) 78

TABLE 58 REST OF MIDDLE EAST AND AFRICAGEOTHERMAL DRILL BITS ESTIMATES & FORECAST, BY APPLICATION, 2019–2035 (USD

MILLION) 78

TABLE 59 EPIROC COMPANY: PRODUCTS OFFERED 80

TABLE 60 HALLIBURTON COMPANY: PRODUCTS OFFERED 83

TABLE 61 NOV COMPANY: PRODUCTS OFFERED 86

TABLE 62 SLB COMPANY: PRODUCTS OFFERED 89

TABLE 63 BIT BROKERS INTERNATIONAL, LTD. COMPANY: PRODUCTS OFFERED 92

TABLE 64 VAREL ENERGY SOLUTIONS COMPANY: PRODUCTS OFFERED 95

TABLE 65 AMERICA WEST DRILLING SUPPLY COMPANY : PRODUCTS OFFERED 98

TABLE 66 TORQUATO DRILLING ACCESSORIES INC. COMPANY : PRODUCTS OFFERED 101

TABLE 67 BAKER HUGHES COMPANY COMPANY : PRODUCTS OFFERED 104

LIST OF FIGURES

FIGURE 1              GLOBAL GEOTHERMAL DRILL BITS MARKET (BY REGION), 2024            16

FIGURE 2              GLOBAL GEOTHERMAL DRILL BITS: STRUCTURE       20

FIGURE 3              PORTER’S FIVE FORCES ANALYSIS OF THE GEOTHERMAL DRILL BITS          47

FIGURE 4              GLOBAL GEOTHERMAL DRILL BITS MARKET, BY TYPE, 2024 (% SHARE)              60

FIGURE 5              GLOBAL GEOTHERMAL DRILL BITS MARKET, BY APPLICATION, 2024 (% SHARE)            62

FIGURE 6              GLOBAL GEOTHERMAL DRILL BITS MARKET MAJOR PLAYERS MARKET SHARE ANALYSIS, 2024 (%)     79

FIGURE 7              EPIROC COMPANY:SWOT ANALYSIS       82

FIGURE 8              HALLIBURTON COMPANY:SWOT ANALYSIS                 85

FIGURE 9              NOV COMPANY:SWOT ANALYSIS              88

FIGURE 10            SLB COMPANY:SWOT ANALYSIS                91

FIGURE 11            BIT BROKERS INTERNATIONAL, LTD. COMPANY:SWOT ANALYSIS        94

FIGURE 12            VAREL ENERGY SOLUTIONS COMPANY:SWOT ANALYSIS            97

FIGURE 13            AMERICA WEST DRILLING SUPPLY COMPANY:SWOT ANALYSIS        100

FIGURE 14            TORQUATO DRILLING ACCESSORIES INC. COMPANY:SWOT ANALYSIS 103

FIGURE 15            BAKER HUGHES COMPANY COMPANY:SWOT ANALYSIS            105