Press release
Global Floating Rigs Market Key Players, Size, Demands, Trends, Share, Covid-19 impact and Forecasts to 2026
The Global Floating Rigs Market was valued at USD 61940.35 Million in the year 2020. The global Floating Rigs market is witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality. The continuous rise in demand of oil and gas in Asia Pacific region is driving the demand of rigs from last few years.Owing to low production cost in Asian countries backed with rising industrialisation, manufacturers are investing in economies such as India and China which is propelling the market growth.
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The market is also expected to register a boom in demand post Covid-19 pandemic situation attributable to the demand for the oil and gas slightly increased in August 2020, as several leading manufacturers started production of the offshore drilling. Additionally, growth in the rig industry due to technological advancements, rise in population, and increase in demand of crude oil and natural gas are major factors expected to drive the Floating Rigs market during the forecast period.
Ultra-Deepwater is considered to be anything more than midwater (7000-12000 ft or 2134-3658 meters). Ultra-Deepwater Floaters are equipped with high-pressure mud pumps and are capable of drilling in water depths of 7,500 feet or greater. Ultra-deepwater is expected to be the most rapid source of future demand growth for floating MDUs (Mobile Drilling Units). Ultra-deep fields are increasingly explored and developed and it is anticipated that a greater share of floaters will be deployed in deeper water, maximising their capabilities.
Scope of the Report
- The report analyses the Floating Rigs Market by Type (Drillship, Semisubmersible).
- The report analyses the Floating Rigs Market by Application (Shallow water, Deepwater, Ultra-Deepwater).
- The Floating Rigs Market has been analysed By Region (Americas, Europe, Asia Pacific, MEA) and By Country (United States, Canada, Mexico, Brazil, Norway, United Kingdom, China, India, Australia, Malaysia).
- Also, the attractiveness of the market has been presented by region, type, application. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Baker Hughes, Schlumberger Limited, Aban Offshore Limited, Diamond Offshore Drilling, Ensco Plc, Noble Corporation, Transocean, Halliburton, Maersk Drilling, Keppel Offshore & Marine.
- The report presents the analysis of Floating Rigs market for the historical period of 2016-2020 and the forecast period of 2021-2026.
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Key Target Audience
- Floating Rigs Vendors
- Oil and Gas Companies
- Consulting and Advisory Firms
- Government and Policy Makers
- Regulatory Authorities
Table of Contents:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Floating Rigs Market: Product Overview
4. Floating Rigs Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2016-2020
4.2 Market Size, By Value, Year 2021-2026
4.3 Market Size, By Volume, Year 2016-2020
4.4 Market Size, By Volume, Year 2021-2026
4.5 Impact of COVID-19 on Global Floating Rigs Market
4.6 Global Economic & Industrial Outlook
5. Floating Rigs Market Segmentation, By Type (Value)
5.1 Global Floating Rigs Market: Segment Analysis
5.2 Competitive Scenario of Global Floating Rigs Market: By Type (2020 & 2026)
5.3 By Drillship Market Size and Forecast (2016-2026)
5.4 By Semisubmersible- Market Size and Forecast (2016-2026)
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6. Floating Rigs Market Segmentation, By Application (Value)
6.1 Global Floating Rigs Market: Segment Analysis
6.2 Competitive Scenario of Global Floating Rigs Market: By Application (2020 & 2026)
6.3 By Shallow Water - Market Size and Forecast (2016-2026)
6.4 By Deepwater - Market Size and Forecast (2016-2026)
6.5 By Ultra-Deepwater - Market Size and Forecast (2016-2026)
7. Global Floating Rigs Market: Regional Analysis
7.1 Competitive Scenario of Global Floating Rigs Market: By Region (2020 & 2026)
8. Americas Floating Rigs Market: An Analysis
8.1 Americas Floating Rigs Market: By Value (2016-2026)
8.2 Americas Floating Rigs Market: By Volume (2016-2026)
8.3 Americas Economic and industrial Statistics
8.4 Americas Floating Rigs Market - Prominent Companies
8.5 Market Segmentation By Type (Drillship, Semisubmersible)
8.6 Market Segmentation By Application (Shallow Water, Deepwater, Ultra-Deepwater)
8.7 Americas Floating Rigs Market: Country Analysis
8.8 Market Opportunity Chart of Americas Floating Rigs Market - By Country, By Value (Year-2026)
8.9 Competitive Scenario of Americas Floating Rigs Market: By Country (2020 & 2026)
8.10 United States Floating Rigs Market: Size and Forecast (2016-2026)
8.11 United States Floating Rigs Market Segmentation By Type, By Application (2016-2026)
8.12 United States Economic and Industrial Statistics
8.13 Canada Floating Rigs Market: Size and Forecast (2016-2026)
8.14 Canada Floating Rigs Market Segmentation By Type, By Application (2016-2026)
8.15 Canada Economic and Industrial Statistics
8.16 Mexico Floating Rigs Market: Size and Forecast (2016-2026)
8.17 Mexico Floating Rigs Market Segmentation By Type, By Application (2016-2026)
8.18 Mexico Economic and Industrial Statistics
8.19 Brazil Floating Rigs Market: Size and Forecast (2016-2026)
8.20 Brazil Floating Rigs Market Segmentation By Type, By Application (2016-2026)
8.21 Brazil Economic and Industrial Statistics
9. Europe Floating Rigs Market: An Analysis
9.1 Europe Floating Rigs Market: By Value (2016-2026)
9.2 Europe Floating Rigs Market: By Volume (2016-2026)
9.3 Europe Economic and industrial Statistics
9.4 Europe Floating Rigs Market - Prominent Companies
9.5 Market Segmentation By Type (Drillship, Semisubmersible)
9.6 Market Segmentation By Application (Shallow Water, Deepwater, Ultra-Deepwater)
9.7 Europe Floating Rigs Market: Country Analysis
9.8 Market Opportunity Chart of Europe Floating Rigs Market - By Country, By Value (Year-2026)
9.9 Competitive Scenario of Europe Floating Rigs Market: By Country (2020 & 2026)
9.10 Norway Floating Rigs Market: Size and Forecast (2016-2026)
9.11 Norway Floating Rigs Market Segmentation By Type, By Application (2016-2026)
9.12 Norway Economic and Industrial Statistics
9.13 United Kingdom Floating Rigs Market: Size and Forecast (2016-2026)
9.14 United Kingdom Floating Rigs Market Segmentation By Type, By Application (2016-2026)
9.15 United Kingdom Economic and Industrial Statistics
10. Asia Pacific Floating Rigs Market: An Analysis
10.1 APAC Floating Rigs Market: By Value (2016-2026)
10.2 APAC Floating Rigs Market: By Volume (2016-2026)
10.3 APAC Economic and industrial Statistics
10.4 APAC Floating Rigs Market - Prominent Companies
10.5 Market Segmentation By Type (Drillship, Semisubmersible)
10.6 Market Segmentation By Application (Shallow Water, Deepwater, Ultra-Deepwater)
10.7 APAC Floating Rigs Market: Country Analysis
10.8 Market Opportunity Chart of APAC Floating Rigs Market - By Country, By Value (Year-2026)
10.9 Competitive Scenario of APAC Floating Rigs Market: By Country (2020 & 2026)
10.10 China Floating Rigs Market: Size and Forecast (2016-2026)
10.11 China Floating Rigs Market Segmentation By Type, By Application (2016-2026)
10.12 China Economic and Industrial Statistics
10.13 India Floating Rigs Market: Size and Forecast (2016-2026)
10.14 India Floating Rigs Market Segmentation By Type, By Application (2016-2026)
10.15 India Economic and Industrial Statistics
10.16 Australia Floating Rigs Market: Size and Forecast (2016-2026)
10.17 Australia Floating Rigs Market Segmentation By Type, By Application (2016-2026)
10.18 Australia Economic and Industrial Statistics
10.19 Malaysia Floating Rigs Market: Size and Forecast (2016-2026)
10.20 Malaysia Floating Rigs Market Segmentation By Type, By Application (2016-2026)
10.21 Malaysia Economic and Industrial Statistics
11. Global Floating Rigs Market Dynamics
11.1 Global Floating Rigs Market Drivers
11.2 Global Floating Rigs Market Restraints
11.3 Global Floating Rigs Market Trends
12. Market Attractiveness and Strategic Analysis
12.1 Market Attractiveness
12.1.1 Market Attractiveness Chart of Global Floating Rigs Market - By Type (Year 2026)
12.1.2 Market Attractiveness Chart of Global Floating Rigs Market - By Application (Year 2026)
12.1.3 Market Attractiveness Chart of Global Floating Rigs Market - By Region (Year 2026)
13. Competitive Landscape
13.1 Global Leading Floating Rigs company market share, 2019
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Baker Hughes
14.2 Schlumberger Limited
14.3 Aban Offshore Limited
14.4 Diamond Offshore Drilling, Inc.
14.5 Ensco Plc
14.6 Noble Corporation
14.7 Transocean
14.8 Halliburton
14.9 Maersk Drilling
14.10 Keppel Offshore & Marine
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