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Synopsis
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.
Global Offshore Workover Rig market is projected to reach US$ 1227.9 million in 2029, increasing from US$ 892 million in 2022, with the CAGR of 4.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Offshore Workover Rig market research.
Key manufacturers engaged in the Offshore Workover Rig industry include Highland Petroleum Equipment, ZPEC, Rg Petro-machinery, Sinopec Oilfield Equipment, INTLEF, Lanzhou LS Heavy Equipment, Drillmec and Highdrilling, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Offshore Workover Rig production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Offshore Workover Rig were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Offshore Workover Rig market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Offshore Workover Rig market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Segment by Type
Segment by Application
Production by Region
Consumption by Region
The Offshore Workover Rig report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index
List of Tables
Table 1. Global Offshore Workover Rig Market Value by Type, (US$ Million) & (2022 VS 2029)
Table 2. Global Offshore Workover Rig Market Value by Application, (US$ Million) & (2022 VS 2029)
Table 3. Global Offshore Workover Rig Production Capacity (Units) by Manufacturers in 2022
Table 4. Global Offshore Workover Rig Production by Manufacturers (2018-2023) & (Units)
Table 5. Global Offshore Workover Rig Production Market Share by Manufacturers (2018-2023)
Table 6. Global Offshore Workover Rig Production Value by Manufacturers (2018-2023) & (US$ Million)
Table 7. Global Offshore Workover Rig Production Value Share by Manufacturers (2018-2023)
Table 8. Global Offshore Workover Rig Industry Ranking 2021 VS 2022 VS 2023
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Offshore Workover Rig as of 2022)
Table 10. Global Market Offshore Workover Rig Average Price by Manufacturers (K US$/Unit) & (2018-2023)
Table 11. Manufacturers Offshore Workover Rig Production Sites and Area Served
Table 12. Manufacturers Offshore Workover Rig Product Types
Table 13. Global Offshore Workover Rig Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Offshore Workover Rig Production Value by Region: 2018 VS 2022 VS 2029 (US$ Million)
Table 16. Global Offshore Workover Rig Production Value (US$ Million) by Region (2018-2023)
Table 17. Global Offshore Workover Rig Production Value Market Share by Region (2018-2023)
Table 18. Global Offshore Workover Rig Production Value (US$ Million) Forecast by Region (2024-2029)
Table 19. Global Offshore Workover Rig Production Value Market Share Forecast by Region (2024-2029)
Table 20. Global Offshore Workover Rig Production Comparison by Region: 2018 VS 2022 VS 2029 (Units)
Table 21. Global Offshore Workover Rig Production (Units) by Region (2018-2023)
Table 22. Global Offshore Workover Rig Production Market Share by Region (2018-2023)
Table 23. Global Offshore Workover Rig Production (Units) Forecast by Region (2024-2029)
Table 24. Global Offshore Workover Rig Production Market Share Forecast by Region (2024-2029)
Table 25. Global Offshore Workover Rig Market Average Price (K US$/Unit) by Region (2018-2023)
Table 26. Global Offshore Workover Rig Market Average Price (K US$/Unit) by Region (2024-2029)
Table 27. Global Offshore Workover Rig Consumption Growth Rate by Region: 2018 VS 2022 VS 2029 (Units)
Table 28. Global Offshore Workover Rig Consumption by Region (2018-2023) & (Units)
Table 29. Global Offshore Workover Rig Consumption Market Share by Region (2018-2023)
Table 30. Global Offshore Workover Rig Forecasted Consumption by Region (2024-2029) & (Units)
Table 31. Global Offshore Workover Rig Forecasted Consumption Market Share by Region (2018-2023)
Table 32. North America Offshore Workover Rig Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Units)
Table 33. North America Offshore Workover Rig Consumption by Country (2018-2023) & (Units)
Table 34. North America Offshore Workover Rig Consumption by Country (2024-2029) & (Units)
Table 35. Europe Offshore Workover Rig Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Units)
Table 36. Europe Offshore Workover Rig Consumption by Country (2018-2023) & (Units)
Table 37. Europe Offshore Workover Rig Consumption by Country (2024-2029) & (Units)
Table 38. Asia Pacific Offshore Workover Rig Consumption Growth Rate by Region: 2018 VS 2022 VS 2029 (Units)
Table 39. Asia Pacific Offshore Workover Rig Consumption by Region (2018-2023) & (Units)
Table 40. Asia Pacific Offshore Workover Rig Consumption by Region (2024-2029) & (Units)
Table 41. Latin America, Middle East & Africa Offshore Workover Rig Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Units)
Table 42. Latin America, Middle East & Africa Offshore Workover Rig Consumption by Country (2018-2023) & (Units)
Table 43. Latin America, Middle East & Africa Offshore Workover Rig Consumption by Country (2024-2029) & (Units)
Table 44. Global Offshore Workover Rig Production (Units) by Type (2018-2023)
Table 45. Global Offshore Workover Rig Production (Units) by Type (2024-2029)
Table 46. Global Offshore Workover Rig Production Market Share by Type (2018-2023)
Table 47. Global Offshore Workover Rig Production Market Share by Type (2024-2029)
Table 48. Global Offshore Workover Rig Production Value (US$ Million) by Type (2018-2023)
Table 49. Global Offshore Workover Rig Production Value (US$ Million) by Type (2024-2029)
Table 50. Global Offshore Workover Rig Production Value Share by Type (2018-2023)
Table 51. Global Offshore Workover Rig Production Value Share by Type (2024-2029)
Table 52. Global Offshore Workover Rig Price (K US$/Unit) by Type (2018-2023)
Table 53. Global Offshore Workover Rig Price (K US$/Unit) by Type (2024-2029)
Table 54. Global Offshore Workover Rig Production (Units) by Application (2018-2023)
Table 55. Global Offshore Workover Rig Production (Units) by Application (2024-2029)
Table 56. Global Offshore Workover Rig Production Market Share by Application (2018-2023)
Table 57. Global Offshore Workover Rig Production Market Share by Application (2024-2029)
Table 58. Global Offshore Workover Rig Production Value (US$ Million) by Application (2018-2023)
Table 59. Global Offshore Workover Rig Production Value (US$ Million) by Application (2024-2029)
Table 60. Global Offshore Workover Rig Production Value Share by Application (2018-2023)
Table 61. Global Offshore Workover Rig Production Value Share by Application (2024-2029)
Table 62. Global Offshore Workover Rig Price (K US$/Unit) by Application (2018-2023)
Table 63. Global Offshore Workover Rig Price (K US$/Unit) by Application (2024-2029)
Table 64. Highland Petroleum Equipment Offshore Workover Rig Corporation Information
Table 65. Highland Petroleum Equipment Specification and Application
Table 66. Highland Petroleum Equipment Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 67. Highland Petroleum Equipment Main Business and Markets Served
Table 68. Highland Petroleum Equipment Recent Developments/Updates
Table 69. ZPEC Offshore Workover Rig Corporation Information
Table 70. ZPEC Specification and Application
Table 71. ZPEC Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 72. ZPEC Main Business and Markets Served
Table 73. ZPEC Recent Developments/Updates
Table 74. Rg Petro-machinery Offshore Workover Rig Corporation Information
Table 75. Rg Petro-machinery Specification and Application
Table 76. Rg Petro-machinery Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 77. Rg Petro-machinery Main Business and Markets Served
Table 78. Rg Petro-machinery Recent Developments/Updates
Table 79. Sinopec Oilfield Equipment Offshore Workover Rig Corporation Information
Table 80. Sinopec Oilfield Equipment Specification and Application
Table 81. Sinopec Oilfield Equipment Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 82. Sinopec Oilfield Equipment Main Business and Markets Served
Table 83. Sinopec Oilfield Equipment Recent Developments/Updates
Table 84. INTLEF Offshore Workover Rig Corporation Information
Table 85. INTLEF Specification and Application
Table 86. INTLEF Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 87. INTLEF Main Business and Markets Served
Table 88. INTLEF Recent Developments/Updates
Table 89. Lanzhou LS Heavy Equipment Offshore Workover Rig Corporation Information
Table 90. Lanzhou LS Heavy Equipment Specification and Application
Table 91. Lanzhou LS Heavy Equipment Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 92. Lanzhou LS Heavy Equipment Main Business and Markets Served
Table 93. Lanzhou LS Heavy Equipment Recent Developments/Updates
Table 94. Drillmec Offshore Workover Rig Corporation Information
Table 95. Drillmec Specification and Application
Table 96. Drillmec Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 97. Drillmec Main Business and Markets Served
Table 98. Drillmec Recent Developments/Updates
Table 99. Highdrilling Offshore Workover Rig Corporation Information
Table 100. Highdrilling Specification and Application
Table 101. Highdrilling Offshore Workover Rig Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2018-2023)
Table 102. Highdrilling Main Business and Markets Served
Table 103. Highdrilling Recent Developments/Updates
Table 104. Key Raw Materials Lists
Table 105. Raw Materials Key Suppliers Lists
Table 106. Offshore Workover Rig Distributors List
Table 107. Offshore Workover Rig Customers List
Table 108. Offshore Workover Rig Market Trends
Table 109. Offshore Workover Rig Market Drivers
Table 110. Offshore Workover Rig Market Challenges
Table 111. Offshore Workover Rig Market Restraints
Table 112. Research Programs/Design for This Report
Table 113. Key Data Information from Secondary Sources
Table 114. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Offshore Workover Rig
Figure 2. Global Offshore Workover Rig Market Value by Type, (US$ Million) & (2022 VS 2029)
Figure 3. Global Offshore Workover Rig Market Share by Type: 2022 VS 2029
Figure 4. Diesel Drive Product Picture
Figure 5. Hydraulic Drive Product Picture
Figure 6. Global Offshore Workover Rig Market Value by Application, (US$ Million) & (2022 VS 2029)
Figure 7. Global Offshore Workover Rig Market Share by Application: 2022 VS 2029
Figure 8. Offshore Fixed Drilling Platform
Figure 9. Offshore Mobile Drilling Platform
Figure 10. Global Offshore Workover Rig Production Value (US$ Million), 2018 VS 2022 VS 2029
Figure 11. Global Offshore Workover Rig Production Value (US$ Million) & (2018-2029)
Figure 12. Global Offshore Workover Rig Production (Units) & (2018-2029)
Figure 13. Global Offshore Workover Rig Average Price (K US$/Unit) & (2018-2029)
Figure 14. Offshore Workover Rig Report Years Considered
Figure 15. Offshore Workover Rig Production Share by Manufacturers in 2022
Figure 16. Offshore Workover Rig Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022
Figure 17. The Global 5 and 10 Largest Players: Market Share by Offshore Workover Rig Revenue in 2022
Figure 18. Global Offshore Workover Rig Production Value by Region: 2018 VS 2022 VS 2029 (US$ Million)
Figure 19. Global Offshore Workover Rig Production Value Market Share by Region: 2018 VS 2022 VS 2029
Figure 20. Global Offshore Workover Rig Production Comparison by Region: 2018 VS 2022 VS 2029 (Units)
Figure 21. Global Offshore Workover Rig Production Market Share by Region: 2018 VS 2022 VS 2029
Figure 22. North America Offshore Workover Rig Production Value (US$ Million) Growth Rate (2018-2029)
Figure 23. Europe Offshore Workover Rig Production Value (US$ Million) Growth Rate (2018-2029)
Figure 24. China Offshore Workover Rig Production Value (US$ Million) Growth Rate (2018-2029)
Figure 25. Japan Offshore Workover Rig Production Value (US$ Million) Growth Rate (2018-2029)
Figure 26. Global Offshore Workover Rig Consumption by Region: 2018 VS 2022 VS 2029 (Units)
Figure 27. Global Offshore Workover Rig Consumption Market Share by Region: 2018 VS 2022 VS 2029
Figure 28. North America Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 29. North America Offshore Workover Rig Consumption Market Share by Country (2018-2029)
Figure 30. Canada Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 31. U.S. Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 32. Europe Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 33. Europe Offshore Workover Rig Consumption Market Share by Country (2018-2029)
Figure 34. Germany Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 35. France Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 36. U.K. Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 37. Italy Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 38. Russia Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 39. Asia Pacific Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 40. Asia Pacific Offshore Workover Rig Consumption Market Share by Regions (2018-2029)
Figure 41. China Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 42. Japan Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 43. South Korea Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 44. China Taiwan Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 45. Southeast Asia Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 46. India Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 47. Latin America, Middle East & Africa Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 48. Latin America, Middle East & Africa Offshore Workover Rig Consumption Market Share by Country (2018-2029)
Figure 49. Mexico Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 50. Brazil Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 51. Turkey Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 52. GCC Countries Offshore Workover Rig Consumption and Growth Rate (2018-2023) & (Units)
Figure 53. Global Production Market Share of Offshore Workover Rig by Type (2018-2029)
Figure 54. Global Production Value Market Share of Offshore Workover Rig by Type (2018-2029)
Figure 55. Global Offshore Workover Rig Price (K US$/Unit) by Type (2018-2029)
Figure 56. Global Production Market Share of Offshore Workover Rig by Application (2018-2029)
Figure 57. Global Production Value Market Share of Offshore Workover Rig by Application (2018-2029)
Figure 58. Global Offshore Workover Rig Price (K US$/Unit) by Application (2018-2029)
Figure 59. Offshore Workover Rig Value Chain
Figure 60. Offshore Workover Rig Production Process
Figure 61. Channels of Distribution (Direct Vs Distribution)
Figure 62. Distributors Profiles
Figure 63. Bottom-up and Top-down Approaches for This Report
Figure 64. Data Triangulation
Published By : QY Research