Global Drilling Tools Market is estimated to be US$ 9.46 billion by 2030 with a CAGR of 4.50% during the forecast period. Global Drilling Tools Market accounted for US$ 6.13 billion in 2020 and is estimated to be US$ 9.46 billion by 2030 and is anticipated to register a CAGR of 4.50%. Drilling tool market growth is primarily driven by increased drilling activity and the development of unconventional hydrocarbon resources. Drilling tool demand is also being driven by rising energy consumption in Asia Pacific, as well as increased oil and gas output in oil-importing countries to decrease trade deficits. Link: https://www.prophecymarketinsights.com/market_insight/Global-Drilling-Tools-Market-By-1048