Insights into the Industry
The offshore drilling industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of offshore drilling ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the offshore drilling market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards offshore drilling 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the offshore drilling industry and impacting its growth. Our report divides the offshore drilling market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global offshore drilling market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Offshore Drilling Market research report which is segmented by Products (Drill-ship, Semisubmersible, Jackup), by Applications (Deepwater drilling, Shallow water drilling, Ultra-deepwater drilling), by Key Players/Companies KCA Deutag, Nabors Industries, Noble, Seadrill., Weatherford International, Schlumberger Limited, Fluor Corporation, Saipem, Diamond Offshore, Ensco Plc, Olsen Energy, Halliburton, COSL, Transocean Ltd., Parker Drilling, Rowan, Baker Hughes”. In 2020, the global offshore drilling market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Offshore Drilling Market Research Report |
| By Products | Drill-ship, Semisubmersible, Jackup |
| By Applications | Deepwater drilling, Shallow water drilling, Ultra-deepwater drilling |
| By Key Players | KCA Deutag, Nabors Industries, Noble, Seadrill., Weatherford International, Schlumberger Limited, Fluor Corporation, Saipem, Diamond Offshore, Ensco Plc, Olsen Energy, Halliburton, COSL, Transocean Ltd., Parker Drilling, Rowan, Baker Hughes |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 115 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global offshore drilling industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, offshore drilling industry study report has included all major manufacturers and distributors operating in the offshore drilling market across all major regions.
Offshore Drilling Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating offshore drilling market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
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The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Offshore Drilling Market Key Trends Analysis
The key factors influencing the growth of the offshore drilling market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Offshore Drilling Market Key Segment Analysis
The report delivers a critical assessment on the offshore drilling market by segmenting it based on Products, Applications, and region. All the segments and categories of the offshore drilling market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global offshore drilling market is segmented into Drill-ship, Semisubmersible, Jackup. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Deepwater drilling, Shallow water drilling, Ultra-deepwater drilling. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the offshore drilling market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Offshore Drilling Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global offshore drilling market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
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For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the offshore drilling market.
Some of the leading players profiled in the global offshore drilling market are,
- KCA Deutag
- Nabors Industries
- Noble
- Seadrill.
- Weatherford International
- Schlumberger Limited
- Fluor Corporation
- Saipem
- Diamond Offshore
- Ensco Plc
- Olsen Energy
- Halliburton
- COSL
- Transocean Ltd.
- Parker Drilling
- Rowan
- Baker Hughes
The Key Audiences for Offshore Drilling Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the offshore drilling market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global offshore drilling market are as follows:
Global Offshore Drilling Market: By Products
- Drill-ship
- Semisubmersible
- Jackup
Global Offshore Drilling Market: By Applications
- Deepwater drilling
- Shallow water drilling
- Ultra-deepwater drilling
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major offshore drilling . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Offshore Drilling market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- KCA Deutag
- Nabors Industries
- Noble
- Seadrill.
- Weatherford International
- Schlumberger Limited
- Fluor Corporation
- Saipem
- Diamond Offshore
- Ensco Plc
- Olsen Energy
- Halliburton
- COSL
- Transocean Ltd.
- Parker Drilling
- Rowan
- Baker Hughes
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Offshore Drilling Market Share by Type (2020-2026) 1.5.2 Drill-ship 1.5.3 Semisubmersible 1.5.4 Jackup 1.6 Market by Application 1.6.1 Global Offshore Drilling Market Share by Application (2020-2026) 1.6.2 Deepwater drilling 1.6.3 Shallow water drilling 1.6.4 Ultra-deepwater drilling 1.7 Offshore Drilling Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Offshore Drilling Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Offshore Drilling Market 3.1 Value Chain Status 3.2 Offshore Drilling Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Offshore Drilling 3.2.3 Labor Cost of Offshore Drilling 3.2.3.1 Labor Cost of Offshore Drilling Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 KCA Deutag 4.1.1 KCA Deutag Basic Information 4.1.2 Offshore Drilling Product Profiles, Application and Specification 4.1.3 KCA Deutag Offshore Drilling Market Performance (2015-2020) 4.1.4 KCA Deutag Business Overview 4.2 Nabors Industries 4.2.1 Nabors Industries Basic Information 4.2.2 Offshore Drilling Product Profiles, Application and Specification 4.2.3 Nabors Industries Offshore Drilling Market Performance (2015-2020) 4.2.4 Nabors Industries Business Overview 4.3 Noble 4.3.1 Noble Basic Information 4.3.2 Offshore Drilling Product Profiles, Application and Specification 4.3.3 Noble Offshore Drilling Market Performance (2015-2020) 4.3.4 Noble Business Overview 4.4 Seadrill. 4.4.1 Seadrill. Basic Information 4.4.2 Offshore Drilling Product Profiles, Application and Specification 4.4.3 Seadrill. Offshore Drilling Market Performance (2015-2020) 4.4.4 Seadrill. Business Overview 4.5 Weatherford International 4.5.1 Weatherford International Basic Information 4.5.2 Offshore Drilling Product Profiles, Application and Specification 4.5.3 Weatherford International Offshore Drilling Market Performance (2015-2020) 4.5.4 Weatherford International Business Overview 4.6 Schlumberger Limited 4.6.1 Schlumberger Limited Basic Information 4.6.2 Offshore Drilling Product Profiles, Application and Specification 4.6.3 Schlumberger Limited Offshore Drilling Market Performance (2015-2020) 4.6.4 Schlumberger Limited Business Overview 4.7 Fluor Corporation 4.7.1 Fluor Corporation Basic Information 4.7.2 Offshore Drilling Product Profiles, Application and Specification 4.7.3 Fluor Corporation Offshore Drilling Market Performance (2015-2020) 4.7.4 Fluor Corporation Business Overview 4.8 Saipem 4.8.1 Saipem Basic Information 4.8.2 Offshore Drilling Product Profiles, Application and Specification 4.8.3 Saipem Offshore Drilling Market Performance (2015-2020) 4.8.4 Saipem Business Overview 4.9 Diamond Offshore 4.9.1 Diamond Offshore Basic Information 4.9.2 Offshore Drilling Product Profiles, Application and Specification 4.9.3 Diamond Offshore Offshore Drilling Market Performance (2015-2020) 4.9.4 Diamond Offshore Business Overview 4.10 Ensco Plc 4.10.1 Ensco Plc Basic Information 4.10.2 Offshore Drilling Product Profiles, Application and Specification 4.10.3 Ensco Plc Offshore Drilling Market Performance (2015-2020) 4.10.4 Ensco Plc Business Overview 4.11 Olsen Energy 4.11.1 Olsen Energy Basic Information 4.11.2 Offshore Drilling Product Profiles, Application and Specification 4.11.3 Olsen Energy Offshore Drilling Market Performance (2015-2020) 4.11.4 Olsen Energy Business Overview 4.12 Halliburton 4.12.1 Halliburton Basic Information 4.12.2 Offshore Drilling Product Profiles, Application and Specification 4.12.3 Halliburton Offshore Drilling Market Performance (2015-2020) 4.12.4 Halliburton Business Overview 4.13 COSL 4.13.1 COSL Basic Information 4.13.2 Offshore Drilling Product Profiles, Application and Specification 4.13.3 COSL Offshore Drilling Market Performance (2015-2020) 4.13.4 COSL Business Overview 4.14 Transocean Ltd. 4.14.1 Transocean Ltd. Basic Information 4.14.2 Offshore Drilling Product Profiles, Application and Specification 4.14.3 Transocean Ltd. Offshore Drilling Market Performance (2015-2020) 4.14.4 Transocean Ltd. Business Overview 4.15 Parker Drilling 4.15.1 Parker Drilling Basic Information 4.15.2 Offshore Drilling Product Profiles, Application and Specification 4.15.3 Parker Drilling Offshore Drilling Market Performance (2015-2020) 4.15.4 Parker Drilling Business Overview 4.16 Rowan 4.16.1 Rowan Basic Information 4.16.2 Offshore Drilling Product Profiles, Application and Specification 4.16.3 Rowan Offshore Drilling Market Performance (2015-2020) 4.16.4 Rowan Business Overview 4.17 Baker Hughes 4.17.1 Baker Hughes Basic Information 4.17.2 Offshore Drilling Product Profiles, Application and Specification 4.17.3 Baker Hughes Offshore Drilling Market Performance (2015-2020) 4.17.4 Baker Hughes Business Overview 5 Global Offshore Drilling Market Analysis by Regions 5.1 Global Offshore Drilling Sales, Revenue and Market Share by Regions 5.1.1 Global Offshore Drilling Sales by Regions (2015-2020) 5.1.2 Global Offshore Drilling Revenue by Regions (2015-2020) 5.2 North America Offshore Drilling Sales and Growth Rate (2015-2020) 5.3 Europe Offshore Drilling Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Offshore Drilling Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Offshore Drilling Sales and Growth Rate (2015-2020) 5.6 South America Offshore Drilling Sales and Growth Rate (2015-2020) 6 North America Offshore Drilling Market Analysis by Countries 6.1 North America Offshore Drilling Sales, Revenue and Market Share by Countries 6.1.1 North America Offshore Drilling Sales by Countries (2015-2020) 6.1.2 North America Offshore Drilling Revenue by Countries (2015-2020) 6.1.3 North America Offshore Drilling Market Under COVID-19 6.2 United States Offshore Drilling Sales and Growth Rate (2015-2020) 6.2.1 United States Offshore Drilling Market Under COVID-19 6.3 Canada Offshore Drilling Sales and Growth Rate (2015-2020) 6.4 Mexico Offshore Drilling Sales and Growth Rate (2015-2020) 7 Europe Offshore Drilling Market Analysis by Countries 7.1 Europe Offshore Drilling Sales, Revenue and Market Share by Countries 7.1.1 Europe Offshore Drilling Sales by Countries (2015-2020) 7.1.2 Europe Offshore Drilling Revenue by Countries (2015-2020) 7.1.3 Europe Offshore Drilling Market Under COVID-19 7.2 Germany Offshore Drilling Sales and Growth Rate (2015-2020) 7.2.1 Germany Offshore Drilling Market Under COVID-19 7.3 UK Offshore Drilling Sales and Growth Rate (2015-2020) 7.3.1 UK Offshore Drilling Market Under COVID-19 7.4 France Offshore Drilling Sales and Growth Rate (2015-2020) 7.4.1 France Offshore Drilling Market Under COVID-19 7.5 Italy Offshore Drilling Sales and Growth Rate (2015-2020) 7.5.1 Italy Offshore Drilling Market Under COVID-19 7.6 Spain Offshore Drilling Sales and Growth Rate (2015-2020) 7.6.1 Spain Offshore Drilling Market Under COVID-19 7.7 Russia Offshore Drilling Sales and Growth Rate (2015-2020) 7.7.1 Russia Offshore Drilling Market Under COVID-19 8 Asia-Pacific Offshore Drilling Market Analysis by Countries 8.1 Asia-Pacific Offshore Drilling Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Offshore Drilling Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Offshore Drilling Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Offshore Drilling Market Under COVID-19 8.2 China Offshore Drilling Sales and Growth Rate (2015-2020) 8.2.1 China Offshore Drilling Market Under COVID-19 8.3 Japan Offshore Drilling Sales and Growth Rate (2015-2020) 8.3.1 Japan Offshore Drilling Market Under COVID-19 8.4 South Korea Offshore Drilling Sales and Growth Rate (2015-2020) 8.4.1 South Korea Offshore Drilling Market Under COVID-19 8.5 Australia Offshore Drilling Sales and Growth Rate (2015-2020) 8.6 India Offshore Drilling Sales and Growth Rate (2015-2020) 8.6.1 India Offshore Drilling Market Under COVID-19 8.7 Southeast Asia Offshore Drilling Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Offshore Drilling Market Under COVID-19 9 Middle East and Africa Offshore Drilling Market Analysis by Countries 9.1 Middle East and Africa Offshore Drilling Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Offshore Drilling Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Offshore Drilling Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Offshore Drilling Market Under COVID-19 9.2 Saudi Arabia Offshore Drilling Sales and Growth Rate (2015-2020) 9.3 UAE Offshore Drilling Sales and Growth Rate (2015-2020) 9.4 Egypt Offshore Drilling Sales and Growth Rate (2015-2020) 9.5 Nigeria Offshore Drilling Sales and Growth Rate (2015-2020) 9.6 South Africa Offshore Drilling Sales and Growth Rate (2015-2020) 10 South America Offshore Drilling Market Analysis by Countries 10.1 South America Offshore Drilling Sales, Revenue and Market Share by Countries 10.1.1 South America Offshore Drilling Sales by Countries (2015-2020) 10.1.2 South America Offshore Drilling Revenue by Countries (2015-2020) 10.1.3 South America Offshore Drilling Market Under COVID-19 10.2 Brazil Offshore Drilling Sales and Growth Rate (2015-2020) 10.2.1 Brazil Offshore Drilling Market Under COVID-19 10.3 Argentina Offshore Drilling Sales and Growth Rate (2015-2020) 10.4 Columbia Offshore Drilling Sales and Growth Rate (2015-2020) 10.5 Chile Offshore Drilling Sales and Growth Rate (2015-2020) 11 Global Offshore Drilling Market Segment by Types 11.1 Global Offshore Drilling Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Offshore Drilling Sales and Market Share by Types (2015-2020) 11.1.2 Global Offshore Drilling Revenue and Market Share by Types (2015-2020) 11.2 Drill-ship Sales and Price (2015-2020) 11.3 Semisubmersible Sales and Price (2015-2020) 11.4 Jackup Sales and Price (2015-2020) 12 Global Offshore Drilling Market Segment by Applications 12.1 Global Offshore Drilling Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Offshore Drilling Sales and Market Share by Applications (2015-2020) 12.1.2 Global Offshore Drilling Revenue and Market Share by Applications (2015-2020) 12.2 Deepwater drilling Sales, Revenue and Growth Rate (2015-2020) 12.3 Shallow water drilling Sales, Revenue and Growth Rate (2015-2020) 12.4 Ultra-deepwater drilling Sales, Revenue and Growth Rate (2015-2020) 13 Offshore Drilling Market Forecast by Regions (2020-2026) 13.1 Global Offshore Drilling Sales, Revenue and Growth Rate (2020-2026) 13.2 Offshore Drilling Market Forecast by Regions (2020-2026) 13.2.1 North America Offshore Drilling Market Forecast (2020-2026) 13.2.2 Europe Offshore Drilling Market Forecast (2020-2026) 13.2.3 Asia-Pacific Offshore Drilling Market Forecast (2020-2026) 13.2.4 Middle East and Africa Offshore Drilling Market Forecast (2020-2026) 13.2.5 South America Offshore Drilling Market Forecast (2020-2026) 13.3 Offshore Drilling Market Forecast by Types (2020-2026) 13.4 Offshore Drilling Market Forecast by Applications (2020-2026) 13.5 Offshore Drilling Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data 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