Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: The Business Research Company | PRODUCT CODE: 1163952

Cover Image

PUBLISHER: The Business Research Company | PRODUCT CODE: 1163952

Offshore Drilling Rigs Global Market Report 2022: Ukraine-Russia War Impact

Published: Pre-Order
PAGES: 175 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
PDF (Single User License)
USD 4000
PDF (Site License)
USD 6000
PDF (Enterprise License)
USD 8000

Add to Cart

“Offshore Drilling Rigs Global Market Report 2022: Ukraine-Russia War Impact ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global offshore drilling rigs market.

This report focuses on offshore drilling rigs market which is experiencing strong growth. The report gives a guide to the offshore drilling rigs market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel format

Where is the largest and fastest growing market for the offshore drilling rigs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Offshore Drilling Rigs market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider offshore drilling rigs

market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19virus and forecasting its growth.
  • Our forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The offshore drilling rigs market section of the report gives context. It compares the offshore drilling rigs market with other segments of the offshore drilling rigs

market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, offshore drilling rigs indicators comparison.

Scope

Markets Covered:

  • 1) By Type: Jackups; Semisubmersibles; Drill Ships; Other Types
  • 2) By Application: Shallow Water; Deepwater; Ultra-Deep Water
  • Companies Mentioned: Samsung Heavy Industries Co. Ltd; Loadmaster Universal Rigs Inc; Rowan Companies; Keppel Corporation Limited; Irving Shipbuilding Inc.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

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., Hyundai Heavy Industries Co. Ltd, Friede & Goldman Ltd, Schlumberger, and TRINIDAD DRILLING LTD.

The global offshore drilling rigs market 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 war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The offshore drilling rigs market is expected to grow to $112.24 billion in 2026 at a CAGR of 7.3%.

The offshore drilling rigs market consists of sales of offshore drilling rigs by entities (organizations, sole traders, and partnerships) that are used for drilling wells, extracting and processing oil and natural gas, and temporarily storing products until landing for refining and sale. These refer to a massive structure that can hold hundreds of people at a time. An offshore drilling rig must produce the same working circumstances as onshore drilling rigs, which may easily move from one location to another, and they must have various additional elements to adapt to the maritime environment.

The main types of offshore drilling rigs are jackups, semisubmersibles, drill ships, and other types. The jackups refer to a self-contained drilling rig and floating barge with lengthy support legs that may be independently raised and lowered. With its legs up and the barge part floating in the water, the jackup is pulled to its destination. The different applications include shallow water, deepwater, and ultra-deep water.

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, Middle East and Africa.

An increase in the number of exploratory wells is expected to propel the growth of the offshore drilling rigs market. 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. This will bring the number of offshore wells drilled to nearly 2,500 in 2021, from less than 2,300 in 2020, and forecast that the corresponding number for 2022 will surpass 2,700. Therefore, the increase in the number of exploratory wells is driving the growth of the offshore drilling rigs market.

Advancement in technology is a key trend gaining popularity in the offshore drilling rigs market. Major companies operating in offshore drilling rigs are adopting advanced technologies to strengthen their position in the market. For instance, in December 2021, Maersk Drilling, a Denmark-based drilling-rig operator has developed RigFlow, an innovative digital product, that has revolutionized how the drilling sector orchestrates operations. RigFlow digitalizes the information flow between the well plan and rig operations, allowing everyone involved to work more efficiently and transparently using real-time plans and operational instructions. It's being used on a variety of rigs by a variety of operators.

In April 2022, Keppel Corp., a Singapore-based manufacturer of offshore rigs merged with Sembcorp Marine. With the help of the merger, the combined business will look for prospects in renewable energy. Sembcorp Marine is a Singapore-based marine and offshore engineering company specializing in oil rig construction.

The countries covered in the offshore drilling rigs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The offshore drilling rigs market research report is one of a series of new reports from The Business Research Company that provides offshore drilling rigs market statistics, including offshore drilling rigs industry global market size, regional shares, competitors with a offshore drilling rigs market share, detailed offshore drilling rigs market segments, market trends and opportunities, and any further data you may need to thrive in the offshore drilling rigs industry. This offshore drilling rigs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: h2919

Table of Contents

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

  • 4.1. COVID-19 Impact On Offshore Drilling Rigs Market
  • 4.2. Ukraine-Russia War Impact On Offshore Drilling Rigs Market
  • 4.3. Impact Of High Inflation On Offshore Drilling Rigs Market

5. Offshore Drilling Rigs Market Size And Growth

  • 5.1. Global Offshore Drilling Rigs Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Offshore Drilling Rigs Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Offshore Drilling Rigs Market Segmentation

  • 6.1. Global Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Jackups
  • Semisubmersibles
  • Drill Ships
  • Other Types
  • 6.2. Global Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Shallow Water
  • Deepwater
  • Ultra-Deep Water

7. Offshore Drilling Rigs Market Regional And Country Analysis

  • 7.1. Global Offshore Drilling Rigs Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Offshore Drilling Rigs Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Offshore Drilling Rigs Market

  • 8.1. Asia-Pacific Offshore Drilling Rigs Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Offshore Drilling Rigs Market

  • 9.1. China Offshore Drilling Rigs Market Overview
  • 9.2. China Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Offshore Drilling Rigs Market

  • 10.1. India Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Offshore Drilling Rigs Market

  • 11.1. Japan Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Offshore Drilling Rigs Market

  • 12.1. Australia Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Offshore Drilling Rigs Market

  • 13.1. Indonesia Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Offshore Drilling Rigs Market

  • 14.1. South Korea Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Offshore Drilling Rigs Market

  • 15.1. Western Europe Offshore Drilling Rigs Market Overview
  • 15.2. Western Europe Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Offshore Drilling Rigs Market

  • 16.1. UK Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Offshore Drilling Rigs Market

  • 17.1. Germany Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Offshore Drilling Rigs Market

  • 18.1. France Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.2. France Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Offshore Drilling Rigs Market

  • 19.1. Eastern Europe Offshore Drilling Rigs Market Overview
  • 19.2. Eastern Europe Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Offshore Drilling Rigs Market

  • 20.1. Russia Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Offshore Drilling Rigs Market

  • 21.1. North America Offshore Drilling Rigs Market Overview
  • 21.2. North America Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Offshore Drilling Rigs Market

  • 22.1. USA Offshore Drilling Rigs Market Overview
  • 22.2. USA Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Offshore Drilling Rigs Market

  • 23.1. South America Offshore Drilling Rigs Market Overview
  • 23.2. South America Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Offshore Drilling Rigs Market

  • 24.1. Brazil Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Offshore Drilling Rigs Market

  • 25.1. Middle East Offshore Drilling Rigs Market Overview
  • 25.2. Middle East Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Offshore Drilling Rigs Market

  • 26.1. Africa Offshore Drilling Rigs Market Overview
  • 26.2. Africa Offshore Drilling Rigs Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Offshore Drilling Rigs Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Offshore Drilling Rigs Market Competitive Landscape And Company Profiles

  • 27.1. Offshore Drilling Rigs Market Competitive Landscape
  • 27.2. Offshore Drilling Rigs Market Company Profiles
    • 27.2.1. Samsung Heavy Industries Co. Ltd
  • 27.2.1.1. Overview
  • 27.2.1.2. Products and Services
  • 27.2.1.3. Strategy
  • 27.2.1.4. Financial Performance
    • 27.2.2. Loadmaster Universal Rigs Inc
  • 27.2.2.1. Overview
  • 27.2.2.2. Products and Services
  • 27.2.2.3. Strategy
  • 27.2.2.4. Financial Performance
    • 27.2.3. Rowan Companies
  • 27.2.3.1. Overview
  • 27.2.3.2. Products and Services
  • 27.2.3.3. Strategy
  • 27.2.3.4. Financial Performance
    • 27.2.4. Keppel Corporation Limited
  • 27.2.4.1. Overview
  • 27.2.4.2. Products and Services
  • 27.2.4.3. Strategy
  • 27.2.4.4. Financial Performance
    • 27.2.5. Irving Shipbuilding Inc.
  • 27.2.5.1. Overview
  • 27.2.5.2. Products and Services
  • 27.2.5.3. Strategy
  • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Offshore Drilling Rigs Market

29. Offshore Drilling Rigs Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!