Global Offshore Drilling Rigs Market Overview
The global Offshore Drilling Rigs market size was valued at 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 to study the worldwide Offshore Drilling Rigs market. Secondary research was used to supplement existing data, segment the market, assess total market size, and forecast market growth rate.
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Market Scope
Our team at Maximize collects market data from various sources to provide a comprehensive regional perspective. The country-level analysis in the study reviews input from regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic statistics.
Drivers
The report covers major drivers and restraints affecting the Offshore Drilling Rigs 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 country-level analysis of the Offshore Drilling Rigs market focuses on high-growth categories, countries with the largest market share, and those with the highest development potential. Regional breakdowns include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other countries.
COVID-19 Impact Analysis on Offshore Drilling Rigs Market
The report includes an analysis of 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 aiding the growth of 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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