Global Offshore Drilling Rigs Market size was US$ 76.4 Bn. in 2023 and is projected to reach US$ 127.8 Bn. by 2030, growing at a CAGR of 6.75% during the forecast period.
Market Overview:
A research team conducted extensive primary and secondary research for the global Offshore Drilling Rigs market study. Secondary research was used to supplement existing data, segment the market, assess total market size, and forecast market size and growth rate.
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Market Scope:
Our team at Maximize collects market information and data from multiple sources to provide a comprehensive regional perspective. The country-level analysis is based on reviews of various regional stakeholders, tax laws, policies, consumer behavior, and macroeconomic statistics.
Drivers:
The Offshore Drilling Rigs market report also covers major restraints and drivers affecting the market.
Segmentation:
For detailed segmentation:
by Type
Jack up
Semi-Submersible
Drill Ships
by Application
Shallow Water
Deep Water
Ultra Deep Water
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Key Players:
Major Global Key Players:
1. Seadrill Limited (United Kingdom)
2. EnscoRowan (United Kingdom)
3. Transocean Ltd (Switzerland)
Leading Key Players in North America:
1. Diamond Offshore Drilling (United States)
2. Helmerich & Payne, Inc. (United States)
Market Follower key Players in Europe:
1. Maersk Drilling (Denmark)
2. Odfjell Drilling (Norway)
3. Noble Corporation plc (United Kingdom)
4. KCA Deutag (United Kingdom)
Prominent Key player Asia Pacific:
1. China Oilfield Services Limited (COSL) (China)
2. Sapura Energy Berhad (Malaysia)
3. Borr Drilling (Bermuda)
4. Japan Drilling Co., Ltd. (Japan)
5. Shelf Drilling Holdings Ltd. (United Kingdom, operational in Asia-Pacific)
Market Leader Key Players in Middle East and Africa:
1. SAS Institute Inc. (United Arab Emirates)
2. Teradata Corporation (South Africa)
Dominant key Player in South America:
1. Petrobras (Brazil)
2. EnscoRowan (United Kingdom, operational in South America)
3. Constellation Oil Services Holding S.A. (Luxembourg, operational in South America)
Regional Analysis:
The Offshore Drilling Rigs Market report includes a country-level examination focusing on high-growth categories, countries with the largest market share, and those with the highest development potential. The regional breakdown includes:
- North America (USA, Canada)
- South America
- Asia Pacific (China, Japan, India, Korea)
- Europe (Germany, UK, France, Italy)
- Other countries
COVID-19 Impact Analysis:
The report also examines the impact of COVID-19 on the global Offshore Drilling Rigs market.
Key Questions Answered in the Offshore Drilling Rigs Market Report:
- Which product segment had the largest share in the Offshore Drilling Rigs market in 2020?
- What is the projected competitive landscape of the Offshore Drilling Rigs market during the forecast period (2021-2027)?
- What are the key factors driving growth in the Offshore Drilling Rigs market?
- Which region held the maximum share in the Offshore Drilling Rigs market in 2020?
- What will be the CAGR of the global Offshore Drilling Rigs market during the forecast period (2021-2027)?
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