Offshore Drilling Rigs Market Trends, Growth Factors, Size, Segmentation and Forecast to 2030

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The Offshore Drilling Rigs Market size was valued at USD 76.4 Billion in 2023 and the total Offshore Drilling Rigs revenue is expected to grow at a CAGR of 6.75 % from 2024 to 2030, reaching nearly USD 127.8 Billion by 2030.

Global Offshore Drilling Rigs Market Overview

The global Offshore Drilling Rigs market 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

The Offshore Drilling Rigs market analysis can be customized to include price trend analysis of target brands, market insights for different countries (list available upon request), clinical trial data, literature reviews, refurbished market and product base analysis, and other specialized services.

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Market Scope

Our report includes as many competitors as you require, in the format and data type of your choosing. Our analysts can provide data in raw Excel files, pivot tables, or assist in creating presentations based on the included data sets.

Drivers and Restraints

The report covers the major drivers and restraints impacting the Offshore Drilling Rigs market.

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 report provides a competitive landscape of the Offshore Drilling Rigs market, including business overviews, financials, revenue generation, market potential, RD investments, global presence, production sites and facilities, production capacity, and corporate strengths, all tailored to the firms' focus on the Offshore Drilling Rigs industry.

COVID-19 Impact Analysis

The report details the impact of the COVID-19 pandemic on the global Offshore Drilling Rigs market.

Key Questions Answered in the Offshore Drilling Rigs Market Report

  • Who are the key players in the Offshore Drilling Rigs market?
  • What key trends are likely to emerge in the Offshore Drilling Rigs market during the forecast period?
  • What will the Offshore Drilling Rigs market size be by 2027?
  • Which company held the largest share in the Offshore Drilling Rigs market in 2020?

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