| Product Code: ETC10678315 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Sweden continued to rely on oil and gas drill bit imports from a diverse range of countries, with top exporters being the USA, Germany, Poland, India, and China. Despite the low concentration in the Herfindahl-Hirschman Index (HHI), indicating a competitive market, the industry experienced a negative compound annual growth rate (CAGR) of -1.9% from 2020 to 2024. The growth rate further declined by -3.7% from 2023 to 2024, reflecting challenges in the sector. Moving forward, monitoring market dynamics and exploring strategies to stimulate growth will be crucial for stakeholders in the Swedish oil and gas drill bit import market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Oil and Gas Drill Bit Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Oil and Gas Drill Bit Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Oil and Gas Drill Bit Market - Industry Life Cycle |
3.4 Sweden Oil and Gas Drill Bit Market - Porter's Five Forces |
3.5 Sweden Oil and Gas Drill Bit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sweden Oil and Gas Drill Bit Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Sweden Oil and Gas Drill Bit Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Oil and Gas Drill Bit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing exploration and production activities in the oil and gas sector in Sweden |
4.2.2 Technological advancements leading to the development of more efficient drill bits |
4.2.3 Government initiatives promoting domestic oil and gas exploration and production |
4.3 Market Restraints |
4.3.1 Fluctuating oil prices affecting investment decisions in drilling activities |
4.3.2 Environmental regulations impacting the use of certain drilling technologies |
5 Sweden Oil and Gas Drill Bit Market Trends |
6 Sweden Oil and Gas Drill Bit Market, By Types |
6.1 Sweden Oil and Gas Drill Bit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Fixed Cutter, 2021 - 2031F |
6.1.4 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Roller Cone, 2021 - 2031F |
6.1.5 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By PDC (Polycrystalline Diamond Compact), 2021 - 2031F |
6.1.6 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Sweden Oil and Gas Drill Bit Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Tungsten Carbide, 2021 - 2031F |
6.2.3 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Diamond, 2021 - 2031F |
6.2.4 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.5 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Composite, 2021 - 2031F |
6.3 Sweden Oil and Gas Drill Bit Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Onshore, 2021 - 2031F |
6.3.3 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Offshore, 2021 - 2031F |
6.3.4 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Directional Drilling, 2021 - 2031F |
6.3.5 Sweden Oil and Gas Drill Bit Market Revenues & Volume, By Horizontal Drilling, 2021 - 2031F |
7 Sweden Oil and Gas Drill Bit Market Import-Export Trade Statistics |
7.1 Sweden Oil and Gas Drill Bit Market Export to Major Countries |
7.2 Sweden Oil and Gas Drill Bit Market Imports from Major Countries |
8 Sweden Oil and Gas Drill Bit Market Key Performance Indicators |
8.1 Average drilling depth achieved per drill bit |
8.2 Rate of adoption of advanced drill bit technologies |
8.3 Number of new oil and gas drilling projects initiated |
9 Sweden Oil and Gas Drill Bit Market - Opportunity Assessment |
9.1 Sweden Oil and Gas Drill Bit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sweden Oil and Gas Drill Bit Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Sweden Oil and Gas Drill Bit Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Oil and Gas Drill Bit Market - Competitive Landscape |
10.1 Sweden Oil and Gas Drill Bit Market Revenue Share, By Companies, 2024 |
10.2 Sweden Oil and Gas Drill Bit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |