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Market Research Report

Global Offshore Drilling Market 2020-2024

Published by TechNavio (Infiniti Research Ltd.) Product code 955171
Published Content info 120 Pages
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Global Offshore Drilling Market 2020-2024
Published: August 27, 2020 Content info: 120 Pages
Description

Technavio has been monitoring the offshore drilling market and it is poised to grow by $ 11.34 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on offshore drilling 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 growth in demand for oil and natural gas, rise in deepwater and ultra-deepwater E&P activities and increase in global offshore rig count. In addition, growth in demand for oil and natural gas is anticipated to boost the growth of the market as well.

The offshore drilling market analysis includes application segment and geographic landscapes

Technavio's ‘offshore drilling market ’ is segmented as below:

By Application:

  • Shallow water
  • Deepwater
  • Ultra-deepwater

By Geographic Landscape:

  • North America
  • APAC
  • Europe
  • MEA
  • South America

This study identifies the seizing of funding for E&P activities by World Bank as one of the prime reasons driving the offshore drilling market growth during the next few years. Also, declining costs of offshore projects and emergence of next-generation automated drilling rigs will lead to sizable demand in the market.

Technavio 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. Our offshore drilling market covers the following areas:

  • Offshore drilling market sizing
  • Offshore drilling market forecast
  • Offshore drilling market industry analysis

Technavio's 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 market vendors that include Baker Hughes Co., China Oilfield Services Ltd., Halliburton Co., KCA Deutag Alpha Ltd., National Oilwell Varco Inc., Schlumberger Ltd., The Drilling Co. of 1972 AS, Transocean Ltd., Valaris Plc, and Weatherford International Plc. Also, the offshore drilling 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.

Technavio 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. Technavio's 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.

Table of Contents
Product Code: IRTNTR44563

Table of Contents

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

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

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Shallow water - Market size and forecast 2019-2024
  • Deepwater - Market size and forecast 2019-2024
  • Ultra-deepwater - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - 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

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Baker Hughes Co.
  • China Oilfield Services Ltd.
  • Halliburton Co.
  • KCA Deutag Alpha Ltd.
  • National Oilwell Varco Inc.
  • Schlumberger Ltd.
  • The Drilling Co. of 1972 AS
  • Transocean Ltd.
  • Valaris Plc
  • Weatherford International Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibit

  • 1: Key Finding 1
  • 2: Key Finding 2
  • 3: Key Finding 3
  • 4: Key Finding 5
  • 5: Key Finding 6
  • 6: Key Finding 7
  • 7: Key Finding 8
  • 8: Parent market
  • 9: Market characteristics
  • 10: Offerings of vendors included in the market definition
  • 11: Market segments
  • 12: Global - Market size and forecast 2019 - 2024 ($ million)
  • 13: Global market: Year-over-year growth 2019 - 2024 (%)
  • 14: Five forces analysis 2019 & 2024
  • 15: Bargaining power of buyers
  • 16: Bargaining power of suppliers
  • 17: Threat of new entrants
  • 18: Threat of substitutes
  • 19: Threat of rivalry
  • 20: Market condition - Five forces 2019
  • 21: Application - Market share 2019-2024 (%)
  • 22: Comparison by Application
  • 23: Shallow water - Market size and forecast 2019-2024 ($ million)
  • 24: Shallow water - Year-over-year growth 2019-2024 (%)
  • 25: Deepwater - Market size and forecast 2019-2024 ($ million)
  • 26: Deepwater - Year-over-year growth 2019-2024 (%)
  • 27: Ultra-deepwater - Market size and forecast 2019-2024 ($ million)
  • 28: Ultra-deepwater - Year-over-year growth 2019-2024 (%)
  • 29: Market opportunity by Application
  • 30: Customer landscape
  • 31: Market share by geography 2019-2024 (%)
  • 32: Geographic comparison
  • 33: North America - Market size and forecast 2019-2024 ($ million)
  • 34: North America - Year-over-year growth 2019-2024 (%)
  • 35: APAC - Market size and forecast 2019-2024 ($ million)
  • 36: APAC - Year-over-year growth 2019-2024 (%)
  • 37: Europe - Market size and forecast 2019-2024 ($ million)
  • 38: Europe - Year-over-year growth 2019-2024 (%)
  • 39: MEA - Market size and forecast 2019-2024 ($ million)
  • 40: MEA - Year-over-year growth 2019-2024 (%)
  • 41: South America - Market size and forecast 2019-2024 ($ million)
  • 42: South America - Year-over-year growth 2019-2024 (%)
  • 43: Key leading countries
  • 44: Market opportunity by geography ($ million)
  • 45: Impact of drivers and challenges
  • 46: Vendor landscape
  • 47: Landscape disruption
  • 48: Industry risks
  • 49: Vendors covered
  • 50: Market positioning of vendors
  • 51: Baker Hughes Co. - Overview
  • 52: Baker Hughes Co. - Business segments
  • 53: Baker Hughes Co. - Key offerings
  • 54: Baker Hughes Co. - Key customers
  • 55: Baker Hughes Co. - Segment focus
  • 56: China Oilfield Services Ltd. - Overview
  • 57: China Oilfield Services Ltd. - Business segments
  • 58: China Oilfield Services Ltd. - Key offerings
  • 59: China Oilfield Services Ltd. - Key customers
  • 60: China Oilfield Services Ltd. - Segment focus
  • 61: Halliburton Co. - Overview
  • 62: Halliburton Co. - Business segments
  • 63: Halliburton Co. - Key offerings
  • 64: Halliburton Co. - Key customers
  • 65: Halliburton Co. - Segment focus
  • 66: KCA Deutag Alpha Ltd. - Overview
  • 67: KCA Deutag Alpha Ltd. - Business segments
  • 68: KCA Deutag Alpha Ltd. - Key offerings
  • 69: KCA Deutag Alpha Ltd. - Key customers
  • 70: KCA Deutag Alpha Ltd. - Segment focus
  • 71: National Oilwell Varco Inc. - Overview
  • 72: National Oilwell Varco Inc. - Business segments
  • 73: National Oilwell Varco Inc. - Key offerings
  • 74: National Oilwell Varco Inc. - Key customers
  • 75: National Oilwell Varco Inc. - Segment focus
  • 76: Schlumberger Ltd. - Overview
  • 77: Schlumberger Ltd. - Business segments
  • 78: Schlumberger Ltd. - Key offerings
  • 79: Schlumberger Ltd. - Key customers
  • 80: Schlumberger Ltd. - Segment focus
  • 81: The Drilling Co. of 1972 AS - Overview
  • 82: The Drilling Co. of 1972 AS - Business segments
  • 83: The Drilling Co. of 1972 AS - Key offerings
  • 84: The Drilling Co. of 1972 AS - Key customers
  • 85: The Drilling Co. of 1972 AS - Segment focus
  • 86: Transocean Ltd. - Overview
  • 87: Transocean Ltd. - Business segments
  • 88: Transocean Ltd. - Key offerings
  • 89: Transocean Ltd. - Key customers
  • 90: Transocean Ltd. - Segment focus
  • 91: Valaris Plc - Overview
  • 92: Valaris Plc - Business segments
  • 93: Valaris Plc - Key offerings
  • 94: Valaris Plc - Key customers
  • 95: Valaris Plc - Segment focus
  • 96: Weatherford International Plc - Overview
  • 97: Weatherford International Plc - Business segments
  • 98: Weatherford International Plc - Key offerings
  • 99: Weatherford International Plc - Key customers
  • 100: Weatherford International Plc - Segment focus
  • 101: Currency conversion rates for US$
  • 102: Research Methodology
  • 103: Validation techniques employed for market sizing
  • 104: Information sources
  • 105: List of abbreviations
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