Overview

If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Drilling Tools procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Drilling Tools, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Drilling Tools - Recent Price Trend

The pricing environment for drilling tools is primarily shaped by activity in downstream markets, external demand drivers and input cost drivers. In the past three years, oil drilling and gas extraction activity has been rising in the United States due to the increased adoption of hydraulic fracturing and directional drilling methods, which subsequently have been boosting production rates. At the...

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Drilling Tools - Total Cost of Ownership

The total cost of ownership for drilling tools is medium, as there are a few direct and indirect costs after the initial purchase price. By taking these costs into consideration, buyers can make a well-informed purchasing decision. For instance, preventive maintenance is a key part of ensuring drilling tools maintain a long useful life. Such services include inspections, adjustments and servicing...

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About this Report

This report is intended to assist buyers of drilling tools. Drilling tools include a variety of components and parts, such as drill collars, coring equipment, drill pipes, blowout preventers, thrusters, drilling jars, hole openers, hole reamers, drilling subs and gauge rings, among other related accessories and equipment. This report excludes directional drilling tools, casing-while-drilling tools, handheld drilling tools and industrial drilling tools.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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