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Global Offshore Drilling Rigs Market 2025-2029

Publisher TechNavio
Published Jun 27, 2025
Length 217 Pages
SKU # INF20160149

Description

Offshore Drilling Rigs Market 2025-2029

The offshore drilling rigs market is forecasted to grow by USD 23757.6 mn during 2024-2029, accelerating at a CAGR of 6.3% during the forecast period. The report on the offshore drilling rigs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising investments in upstream oil and gas sector, high potential of offshore marginal fields, and new oil and gas exploration policies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's offshore drilling rigs market is segmented as below:

By Type
  • Bottom supported rigs
  • Floating rigs
By Application
  • Shallow water
  • Deepwater
  • Ultra-deepwater
By Product
  • Jackups
  • Drillships
  • Semisubmersibles
By Geographical Landscape
  • North America
  • Middle East and Africa
  • APAC
  • Europe
  • South America
This study identifies the discovery of new oil and gas resources as one of the prime reasons driving the offshore drilling rigs market growth during the next few years. Also, technological advances in mobile offshore drilling units (MODUs) and rise in deepwater and ultra-deepwater e and p activities will lead to sizable demand in the market.

The report on the offshore drilling rigs market covers the following areas:
  • Offshore Drilling Rigs Market sizing
  • Offshore Drilling Rigs Market forecast
  • Offshore Drilling Rigs Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore drilling rigs market vendors that include Archer Ltd., China Oilfield Services Ltd., Diamond Offshore Drilling Inc., Helmerich and Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., Noble Corp. Plc, NOV Inc., Parker Drilling Co., Patterson UTI Energy Inc., PR Marriott Drilling Ltd., Precision Drilling Corp., Saipem S.p.A., Schlumberger Ltd., Seadrill Ltd., Stena AB, Transocean Ltd., Valaris Ltd., and Weatherford International Plc. Also, the offshore drilling rigs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

217 Pages
    • Market overview
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
    • Global Offshore Drilling Rigs Market 2019 - 2023
    • Type segment analysis 2019 - 2023
    • Application segment analysis 2019 - 2023
    • Product segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
    • Impact of AI in the Global Offshore Drilling Rigs Market
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Type
    • Bottom supported rigs - Market size and forecast 2024-2029
    • Floating rigs - Market size and forecast 2024-2029
    • Market opportunity by Type
    • Market segments
    • Comparison by Application
    • Shallow water - Market size and forecast 2024-2029
    • Deepwater - Market size and forecast 2024-2029
    • Ultra-deepwater - Market size and forecast 2024-2029
    • Market opportunity by Application
    • Market segments
    • Comparison by Product
    • Jackups - Market size and forecast 2024-2029
    • Drillships - Market size and forecast 2024-2029
    • Semisubmersibles - Market size and forecast 2024-2029
    • Market opportunity by Product
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2024-2029
    • Middle East and Africa - Market size and forecast 2024-2029
    • APAC - Market size and forecast 2024-2029
    • Europe - Market size and forecast 2024-2029
    • South America - Market size and forecast 2024-2029
    • US - Market size and forecast 2024-2029
    • China - Market size and forecast 2024-2029
    • Saudi Arabia - Market size and forecast 2024-2029
    • Canada - Market size and forecast 2024-2029
    • India - Market size and forecast 2024-2029
    • Russia - Market size and forecast 2024-2029
    • Norway - Market size and forecast 2024-2029
    • UK - Market size and forecast 2024-2029
    • Nigeria - Market size and forecast 2024-2029
    • Brazil - Market size and forecast 2024-2029
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Archer Ltd.
    • China Oilfield Services Ltd.
    • Diamond Offshore Drilling Inc.
    • Helmerich and Payne Inc.
    • KCA Deutag Alpha Ltd.
    • Nabors Industries Ltd.
    • Noble Corp. Plc
    • NOV Inc.
    • Parker Drilling Co.
    • Patterson UTI Energy Inc.
    • PR Marriott Drilling Ltd.
    • Precision Drilling Corp.
    • Saipem S.p.A.
    • Transocean Ltd.
    • Valaris Ltd.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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