Press release
Jackup Rigs Market Potentially Growing Significant Business Opportunities with Industry Analysis Forecast to 2022
One of the most widely used offshore drilling rigs are jackup rigs. They are self-elevating mobile drilling platforms equipped with legs which can be lowered to the ocean floor to establish foundation for support. They integrate a drilling rig, jacking system, loading and unloading facilities, crew stations, storage areas, helicopter landing deck and other drilling equipment. They are predominantly deployed in all major offshore production basins and can operate in water depths of up to 490 feet. Jackup rigs operations have become cost effective because of the recent technological advancements in equipment operations. The increasing global demand for energy and the rising number of investments for off shore drilling activities is driving the Jackup drill market.
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Key Players
The key players of global jackup rigs markets are Rowan Companies Inc.(U.K.), Noble Corporation plc (UK), KCA DEUTAG Ltd.(Scotland), Maersk Drilling (Denmark), Diamond Offshore Drilling, Inc. (U.S), COSL (China), Transocean Ltd. (Switzerland), Seadrill Limited(Bermuda), ENSCO Plc (UK), Halliburton (U.S.) and others.
Study Objectives of Global Jackup Rigs Market
To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global jackup rigs market
To provide insights about factors affecting the market growth
To analyze the global jackup rigs market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by material type, product, application and region
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Jackup rigs market
Regional Analysis Jackup Rigs
The recent discoveries of new oil & gas reserves in remote areas, combined with growing technological advancements in terms of equipment have made offshore drilling operations more feasible and cost-effective. The global jackup rigs market has been witnessing a decent growth caused by the increasing global demand for energy. In addition to that, there has been significant investment by operators into deep water Oil & gas exploration activities.
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Currently, North America, Europe and Africa are the largest markets for offshore drilling rigs and there have been increasing investments in engineering and procurement activity in the oil & gas exploration activities in these regions. Growing demand for deep-water activities in the Asia-Pacific region and further drilling into mid ocean is driving the demand for Jackup rigs in this region.
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