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Offshore Drilling Rigs Market, by Type (Jack Up Rigs, Semi-submersible, Drill Ships), Application (Shallow Water Drilling, Deep Water Drilling, Ultra Deep Water Drilling) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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In recent years, there has been a scarcity of energy sources; hence, countries around the world are opting for non-conventional means of energy to replenish their needs. It has been seen that one-third of the oil & gas produced across the world is through offshore reserves. Earlier offshore oil production was a complicated process, however, now it is easier and has been a common practice among the oil & gas sector. The ease to obtain energy through offshore drilling is favoring the progress of the market worldwide. This report studies the current and future aspects of offshore drilling rigs market.

The report on the global offshore drilling rigs market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The offshore drilling rigs market is growing substantially worldwide during the forecasted period because offshore drilling is environmental friendly as it reduces incidences of natural oil seepage in oceans.
  • The benefits associated with offshore drilling is way more than the risks associated with it, which is one of the major factors driving the market growth. There is increasing demand for energy sources across the world, which is boosting the market growth further.
  • Key market players are investing in developing oil exploration technologies, which is catering to specific energy needs. This is creating newer growth opportunities for the market. However, offshore drilling is a threat to the marine life which is hampering the market growth.

On the basis of geography, the global offshore drilling rigs market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor of the offshore drilling rigs market. The region will continue to dominate the global market during the forecasted period because of presence of large offshore drilling rigs. Next in line is the Europe region, which is witnessing a rapid market growth due to involvement of key market players in the region in developing the drilling technology.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s offshore drilling rigs market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the offshore drilling rigs market by the following segments:

  • Offshore Drilling Market, by Type
    • Jack Up Rigs
    • Semi-Submersible
    • Drill Ships
  • Offshore Drilling Market, by Application
    • Shallow Water Drilling
    • Deep Water Drilling
    • Ultra Deep Water Drilling     

KEY MARKET PLAYERS

Key players in the offshore drilling rigs market include:

  • Tranocean
  • Ensco
  • Seadrill
  • COSL
  • Diamond Offshore
  • Paragon Offshore
  • Ocean Rig
  • Nabors Industries Limited

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. OFFSHORE DRILLING MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. Jack up Rigs
      2. Semi-Submersible
      3. Drill Ships
  6. OFFSHORE DRILLING MARKET, BY APPLICATION
    1. Segment Share
    2. By Application
      1. Shallow Water Drilling
      2. Deep Water Drilling
      3. Ultra Deep Water Drilling     
  7. OFFSHORE DRILLING MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By Application
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By Application
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By Application
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By Application
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By Application
  8. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
  9. KEY MARKET PLAYERS
    1. Tranocean
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Ensco
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Seadrill
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. COSL
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Diamond Offshore
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Paragon Offshore
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Ocean Rig
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Nabors Industries Limited
      1. Overview
      2. Key Strategies
      3. Key Developments
  10. SCALAR 360 DEGREE MARKET PERSPECTIVE
  11. APPENDIX
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