Press release
Offshore Drilling Rigs Industry Size, Global Trends, Share Analysis And Growth Forecast To 2031: Samsung Heavy Industries Co. Ltd, Loadmaster Universal Rigs Inc, Rowan Companies
Offshore Drilling Rigs Market
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The global offshore drilling rigs market report by the business research company identifies the increase in the number of exploratory wells to be a major growth driver for the offshore drilling rigs. Exploratory wells are deep test holes dug by oil and gas exploration companies both onshore and offshore to uncover proven reserves of recoverable gas and oil. For instance, in March 2021, according to a press release published by RYSTAD Energy, a Norway-based independent energy research and business intelligence company, offshore drilling activity is expected to increase year on year by about 10% in both 2021 and 2022.
The global offshore drilling rigs market size is expected to grow from $77.66 billion in 2021 to $84.80 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The offshore drilling rigs market is expected to grow to $112.24 billion in 2026 at a CAGR of 7.3%.
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North America was the largest region in the offshore drilling rigs market in 2021. Middle East and Africa are expected to be the fastest growing regions in the forecast period. The regions covered in the offshore drilling rigs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the offshore drilling rigs market are Samsung Heavy Industries Co. Ltd, Loadmaster Universal Rigs Inc, Rowan Companies, Keppel Corporation Limited, Irving Shipbuilding Inc.
The global offshore drilling rigs market is segmented -
1) By Type: Jackups, Semisubmersibles, Drill Ships, Other Types
2) By Application: Shallow Water, Deepwater, Ultra-Deep Water
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The Offshore Drilling Rigs Market Report Contents Include
1. Executive Summary
2. Offshore Drilling Rigs Market Characteristics
3. Offshore Drilling Rigs Market Trends And Strategies
4. Offshore Drilling Rigs Market - Macro Economic Scenario
5. Offshore Drilling Rigs Market Size And Growth
....
27. Offshore Drilling Rigs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Offshore Drilling Rigs Market
29. Offshore Drilling Rigs Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the offshore drilling rigs market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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