Technavio has announced its latest market research report titled Global PDC Drill Bits in Oil and Gas Industry Market 2020-2024 (Graphic: Business Wire).
Technavio has announced its latest market research report titled Global PDC Drill Bits in Oil and Gas Industry Market 2020-2024 (Graphic: Business Wire).
LONDON--(BUSINESS WIRE )--The new PDC drill bits in oil and gas industry market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.
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"One of the primary growth drivers for this market is the increased use of horizontal and multilateral wells,” says a senior analyst for the industrials industry at Technavio. Vendors should focus on growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover, Technavio expects the PDC drill bits in oil and gas industry market size to grow by USD 31.70 million during the period 2020-2024.
PDC Drill Bits in Oil and Gas Industry Market Segment Highlights for 2020
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Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
The PDC Drill Bits in Oil and Gas Industry Market will grow by $ 31.70 mn during 2020-2024
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/