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Worldwide Offshore Drilling Rigs Industry to 2024 - Key Drivers, Challenges and Trends

Research and Markets
·4-min read

Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "Global Offshore Drilling Rigs Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The author has been monitoring the offshore drilling rigs market and it is poised to grow by $ 3.92 billion during 2020-2024 progressing at a CAGR of 4% during the forecast period. The reports on 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in deepwater and ultra-deepwater drilling activities and new oil and gas exploration policies. In addition, increase in deepwater and ultra-deepwater drilling activities is anticipated to boost the growth of the market as well.

The offshore drilling rigs market analysis includes type segment and geographic landscapes. This study identifies the high potential of offshore marginal fields as one of the prime reasons driving the offshore drilling rigs market growth during the next few years.

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.

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., Helmerich & Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., Noble Corp. Plc, Patterson-UTI Energy Inc., Transocean Ltd., Valaris Plc, 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 on all forthcoming growth opportunities.

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 and vendor landscape in addition to an analysis of the key vendors.

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 research - both primary and secondary. 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 an accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem

  • Value chain analysis

3. Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

5. Market Segmentation by Type

  • Market segments

  • Comparison by Type

  • Bottom-supported rigs - Market size and forecast 2019-2024

  • Floating rigs - Market size and forecast 2019-2024

  • Market opportunity by Type

6. Customer landscape

  • Customer landscape

7. Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

8. Vendor Landscape

  • Competitive scenario

  • Vendor landscape

  • Landscape disruption

  • Industry risks

9. Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Archer Ltd.

  • China Oilfield Services Ltd.

  • Helmerich & Payne Inc.

  • KCA Deutag Alpha Ltd.

  • Nabors Industries Ltd.

  • Noble Corp. Plc

  • Patterson-UTI Energy Inc.

  • Transocean Ltd.

  • Valaris Plc

  • Weatherford International Plc

10. Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/img6vb

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