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Synopsis
The global Offshore Workover Rig market size was valued at USD 917.8 million in 2022 and is forecast to a readjusted size of USD 1244.9 million by 2029 with a CAGR of 4.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In order to complete workover operations, workover rigs are needed. A workover rig mainly consists of lifting equipment (winches, derricks, etc.), loop flushing equipment (pumps and manifold systems, etc.), and rotating operation equipment (turntable, etc.). It is similar to an ordinary drilling rig. The operating load is relatively light, so the workover rig’s power and other basic parameters, such as the volume, weight, and so on, are relatively smaller than the drilling rig. Though offshore workover rigs are similar to drilling rigs in composition, the installation is different at sea.
This report is a detailed and comprehensive analysis for global Offshore Workover Rig market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
The Primary Objectives in This Report Are:
This report profiles key players in the global Offshore Workover Rig market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Highland Petroleum Equipment, ZPEC, Rg Petro-machinery, Sinopec Oilfield Equipment and INTLEF, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Offshore Workover Rig market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Market segment by Application
Major players covered
Market segment by region, regional analysis covers
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Offshore Workover Rig product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Offshore Workover Rig, with price, sales, revenue and global market share of Offshore Workover Rig from 2018 to 2023.
Chapter 3, the Offshore Workover Rig competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Offshore Workover Rig breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Offshore Workover Rig market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Offshore Workover Rig.
Chapter 14 and 15, to describe Offshore Workover Rig sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Offshore Workover Rig
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Offshore Workover Rig Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Diesel Drive
1.3.3 Hydraulic Drive
1.4 Market Analysis by Application
1.4.1 Overview: Global Offshore Workover Rig Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Offshore Fixed Drilling Platform
1.4.3 Offshore Mobile Drilling Platform
1.5 Global Offshore Workover Rig Market Size & Forecast
1.5.1 Global Offshore Workover Rig Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Offshore Workover Rig Sales Quantity (2018-2029)
1.5.3 Global Offshore Workover Rig Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Highland Petroleum Equipment
2.1.1 Highland Petroleum Equipment Details
2.1.2 Highland Petroleum Equipment Major Business
2.1.3 Highland Petroleum Equipment Offshore Workover Rig Product and Services
2.1.4 Highland Petroleum Equipment Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Highland Petroleum Equipment Recent Developments/Updates
2.2 ZPEC
2.2.1 ZPEC Details
2.2.2 ZPEC Major Business
2.2.3 ZPEC Offshore Workover Rig Product and Services
2.2.4 ZPEC Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 ZPEC Recent Developments/Updates
2.3 Rg Petro-machinery
2.3.1 Rg Petro-machinery Details
2.3.2 Rg Petro-machinery Major Business
2.3.3 Rg Petro-machinery Offshore Workover Rig Product and Services
2.3.4 Rg Petro-machinery Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Rg Petro-machinery Recent Developments/Updates
2.4 Sinopec Oilfield Equipment
2.4.1 Sinopec Oilfield Equipment Details
2.4.2 Sinopec Oilfield Equipment Major Business
2.4.3 Sinopec Oilfield Equipment Offshore Workover Rig Product and Services
2.4.4 Sinopec Oilfield Equipment Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Sinopec Oilfield Equipment Recent Developments/Updates
2.5 INTLEF
2.5.1 INTLEF Details
2.5.2 INTLEF Major Business
2.5.3 INTLEF Offshore Workover Rig Product and Services
2.5.4 INTLEF Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 INTLEF Recent Developments/Updates
2.6 Lanzhou LS Heavy Equipment
2.6.1 Lanzhou LS Heavy Equipment Details
2.6.2 Lanzhou LS Heavy Equipment Major Business
2.6.3 Lanzhou LS Heavy Equipment Offshore Workover Rig Product and Services
2.6.4 Lanzhou LS Heavy Equipment Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Lanzhou LS Heavy Equipment Recent Developments/Updates
2.7 Drillmec
2.7.1 Drillmec Details
2.7.2 Drillmec Major Business
2.7.3 Drillmec Offshore Workover Rig Product and Services
2.7.4 Drillmec Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Drillmec Recent Developments/Updates
2.8 Highdrilling
2.8.1 Highdrilling Details
2.8.2 Highdrilling Major Business
2.8.3 Highdrilling Offshore Workover Rig Product and Services
2.8.4 Highdrilling Offshore Workover Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Highdrilling Recent Developments/Updates
3 Competitive Environment: Offshore Workover Rig by Manufacturer
3.1 Global Offshore Workover Rig Sales Quantity by Manufacturer (2018-2023)
3.2 Global Offshore Workover Rig Revenue by Manufacturer (2018-2023)
3.3 Global Offshore Workover Rig Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Offshore Workover Rig by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Offshore Workover Rig Manufacturer Market Share in 2022
3.4.2 Top 6 Offshore Workover Rig Manufacturer Market Share in 2022
3.5 Offshore Workover Rig Market: Overall Company Footprint Analysis
3.5.1 Offshore Workover Rig Market: Region Footprint
3.5.2 Offshore Workover Rig Market: Company Product Type Footprint
3.5.3 Offshore Workover Rig Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Offshore Workover Rig Market Size by Region
4.1.1 Global Offshore Workover Rig Sales Quantity by Region (2018-2029)
4.1.2 Global Offshore Workover Rig Consumption Value by Region (2018-2029)
4.1.3 Global Offshore Workover Rig Average Price by Region (2018-2029)
4.2 North America Offshore Workover Rig Consumption Value (2018-2029)
4.3 Europe Offshore Workover Rig Consumption Value (2018-2029)
4.4 Asia-Pacific Offshore Workover Rig Consumption Value (2018-2029)
4.5 South America Offshore Workover Rig Consumption Value (2018-2029)
4.6 Middle East and Africa Offshore Workover Rig Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Offshore Workover Rig Sales Quantity by Type (2018-2029)
5.2 Global Offshore Workover Rig Consumption Value by Type (2018-2029)
5.3 Global Offshore Workover Rig Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Offshore Workover Rig Sales Quantity by Application (2018-2029)
6.2 Global Offshore Workover Rig Consumption Value by Application (2018-2029)
6.3 Global Offshore Workover Rig Average Price by Application (2018-2029)
7 North America
7.1 North America Offshore Workover Rig Sales Quantity by Type (2018-2029)
7.2 North America Offshore Workover Rig Sales Quantity by Application (2018-2029)
7.3 North America Offshore Workover Rig Market Size by Country
7.3.1 North America Offshore Workover Rig Sales Quantity by Country (2018-2029)
7.3.2 North America Offshore Workover Rig Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Offshore Workover Rig Sales Quantity by Type (2018-2029)
8.2 Europe Offshore Workover Rig Sales Quantity by Application (2018-2029)
8.3 Europe Offshore Workover Rig Market Size by Country
8.3.1 Europe Offshore Workover Rig Sales Quantity by Country (2018-2029)
8.3.2 Europe Offshore Workover Rig Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Offshore Workover Rig Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Offshore Workover Rig Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Offshore Workover Rig Market Size by Region
9.3.1 Asia-Pacific Offshore Workover Rig Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Offshore Workover Rig Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Offshore Workover Rig Sales Quantity by Type (2018-2029)
10.2 South America Offshore Workover Rig Sales Quantity by Application (2018-2029)
10.3 South America Offshore Workover Rig Market Size by Country
10.3.1 South America Offshore Workover Rig Sales Quantity by Country (2018-2029)
10.3.2 South America Offshore Workover Rig Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Offshore Workover Rig Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Offshore Workover Rig Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Offshore Workover Rig Market Size by Country
11.3.1 Middle East & Africa Offshore Workover Rig Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Offshore Workover Rig Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Offshore Workover Rig Market Drivers
12.2 Offshore Workover Rig Market Restraints
12.3 Offshore Workover Rig Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Offshore Workover Rig and Key Manufacturers
13.2 Manufacturing Costs Percentage of Offshore Workover Rig
13.3 Offshore Workover Rig Production Process
13.4 Offshore Workover Rig Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Offshore Workover Rig Typical Distributors
14.3 Offshore Workover Rig Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch