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Offshore Drilling-Global Market Insights and Sales Trends 2024
Synopsis
Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
The global Offshore Drilling market size is expected to reach US$ 127720 million by 2029, growing at a CAGR of 6.6% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Drilling in various end use industries. The expanding demands from the Oil and Gas and Others, are propelling Offshore Drilling market. Jackups, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Semi-submersible segment is estimated at % CAGR for the next seven-year period.
Europe is the largest Offshore Drilling market with about 46% market share. Latin America is follower, accounting for about 22% market share.
The key players are Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian, COSCO, CMHI etc. Top 3 companies occupied about 29% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Offshore Drilling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Offshore Drilling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Offshore Drilling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Drilling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Offshore Drilling covered in this report include Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian and COSCO, etc.
The global Offshore Drilling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Keppel Corporation
Sembcorp Marine
DSME
SHI
HHI
NOV
CIMC Raffles
CSIC Dalian
COSCO
CMHI
Global Offshore Drilling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Offshore Drilling market, Segment by Type:
Jackups
Semi-submersible
Drillships
Global Offshore Drilling market, by Application
Oil and Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Offshore Drilling manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Offshore Drilling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
The global Offshore Drilling market size is expected to reach US$ 127720 million by 2029, growing at a CAGR of 6.6% from 2023 to 2029. The market is mainly driven by the significant applications of Offshore Drilling in various end use industries. The expanding demands from the Oil and Gas and Others, are propelling Offshore Drilling market. Jackups, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Semi-submersible segment is estimated at % CAGR for the next seven-year period.
Europe is the largest Offshore Drilling market with about 46% market share. Latin America is follower, accounting for about 22% market share.
The key players are Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian, COSCO, CMHI etc. Top 3 companies occupied about 29% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Offshore Drilling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Offshore Drilling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Offshore Drilling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Offshore Drilling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Offshore Drilling covered in this report include Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian and COSCO, etc.
The global Offshore Drilling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Keppel Corporation
Sembcorp Marine
DSME
SHI
HHI
NOV
CIMC Raffles
CSIC Dalian
COSCO
CMHI
Global Offshore Drilling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Offshore Drilling market, Segment by Type:
Jackups
Semi-submersible
Drillships
Global Offshore Drilling market, by Application
Oil and Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Offshore Drilling manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Offshore Drilling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Offshore Drilling Market Overview
1.1 Offshore Drilling Product Overview
1.2 Offshore Drilling Market Segment by Type
1.2.1 Jackups
1.2.2 Semi-submersible
1.2.3 Drillships
1.3 Global Offshore Drilling Market Size by Type
1.3.1 Global Offshore Drilling Market Size Overview by Type (2018-2029)
1.3.2 Global Offshore Drilling Historic Market Size Review by Type (2018-2023)
1.3.3 Global Offshore Drilling Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Offshore Drilling Sales Breakdown by Type (2018-2023)
1.4.2 Europe Offshore Drilling Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Offshore Drilling Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Offshore Drilling Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Offshore Drilling Sales Breakdown by Type (2018-2023)
2 Global Offshore Drilling Market Competition by Company
2.1 Global Top Players by Offshore Drilling Sales (2018-2023)
2.2 Global Top Players by Offshore Drilling Revenue (2018-2023)
2.3 Global Top Players by Offshore Drilling Price (2018-2023)
2.4 Global Top Manufacturers Offshore Drilling Manufacturing Base Distribution, Sales Area, Product Type
2.5 Offshore Drilling Market Competitive Situation and Trends
2.5.1 Offshore Drilling Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Offshore Drilling Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Offshore Drilling as of 2022)
2.7 Date of Key Manufacturers Enter into Offshore Drilling Market
2.8 Key Manufacturers Offshore Drilling Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Offshore Drilling Status and Outlook by Region
3.1 Global Offshore Drilling Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Offshore Drilling Historic Market Size by Region
3.2.1 Global Offshore Drilling Sales in Volume by Region (2018-2023)
3.2.2 Global Offshore Drilling Sales in Value by Region (2018-2023)
3.2.3 Global Offshore Drilling Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Offshore Drilling Forecasted Market Size by Region
3.3.1 Global Offshore Drilling Sales in Volume by Region (2024-2029)
3.3.2 Global Offshore Drilling Sales in Value by Region (2024-2029)
3.3.3 Global Offshore Drilling Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Offshore Drilling by Application
4.1 Offshore Drilling Market Segment by Application
4.1.1 Oil and Gas
4.1.2 Others
4.2 Global Offshore Drilling Market Size by Application
4.2.1 Global Offshore Drilling Market Size Overview by Application (2018-2029)
4.2.2 Global Offshore Drilling Historic Market Size Review by Application (2018-2023)
4.2.3 Global Offshore Drilling Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Offshore Drilling Sales Breakdown by Application (2018-2023)
4.3.2 Europe Offshore Drilling Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Offshore Drilling Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Offshore Drilling Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Offshore Drilling Sales Breakdown by Application (2018-2023)
5 North America Offshore Drilling by Country
5.1 North America Offshore Drilling Historic Market Size by Country
5.1.1 North America Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Offshore Drilling Sales in Volume by Country (2018-2023)
5.1.3 North America Offshore Drilling Sales in Value by Country (2018-2023)
5.2 North America Offshore Drilling Forecasted Market Size by Country
5.2.1 North America Offshore Drilling Sales in Volume by Country (2024-2029)
5.2.2 North America Offshore Drilling Sales in Value by Country (2024-2029)
6 Europe Offshore Drilling by Country
6.1 Europe Offshore Drilling Historic Market Size by Country
6.1.1 Europe Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Offshore Drilling Sales in Volume by Country (2018-2023)
6.1.3 Europe Offshore Drilling Sales in Value by Country (2018-2023)
6.2 Europe Offshore Drilling Forecasted Market Size by Country
6.2.1 Europe Offshore Drilling Sales in Volume by Country (2024-2029)
6.2.2 Europe Offshore Drilling Sales in Value by Country (2024-2029)
7 Asia-Pacific Offshore Drilling by Region
7.1 Asia-Pacific Offshore Drilling Historic Market Size by Region
7.1.1 Asia-Pacific Offshore Drilling Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Offshore Drilling Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Offshore Drilling Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Offshore Drilling Forecasted Market Size by Region
7.2.1 Asia-Pacific Offshore Drilling Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Offshore Drilling Sales in Value by Region (2024-2029)
8 Latin America Offshore Drilling by Country
8.1 Latin America Offshore Drilling Historic Market Size by Country
8.1.1 Latin America Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Offshore Drilling Sales in Volume by Country (2018-2023)
8.1.3 Latin America Offshore Drilling Sales in Value by Country (2018-2023)
8.2 Latin America Offshore Drilling Forecasted Market Size by Country
8.2.1 Latin America Offshore Drilling Sales in Volume by Country (2024-2029)
8.2.2 Latin America Offshore Drilling Sales in Value by Country (2024-2029)
9 Middle East and Africa Offshore Drilling by Country
9.1 Middle East and Africa Offshore Drilling Historic Market Size by Country
9.1.1 Middle East and Africa Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Offshore Drilling Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Offshore Drilling Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Offshore Drilling Forecasted Market Size by Country
9.2.1 Middle East and Africa Offshore Drilling Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Offshore Drilling Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Keppel Corporation
10.1.1 Keppel Corporation Company Information
10.1.2 Keppel Corporation Introduction and Business Overview
10.1.3 Keppel Corporation Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Keppel Corporation Offshore Drilling Products Offered
10.1.5 Keppel Corporation Recent Development
10.2 Sembcorp Marine
10.2.1 Sembcorp Marine Company Information
10.2.2 Sembcorp Marine Introduction and Business Overview
10.2.3 Sembcorp Marine Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sembcorp Marine Offshore Drilling Products Offered
10.2.5 Sembcorp Marine Recent Development
10.3 DSME
10.3.1 DSME Company Information
10.3.2 DSME Introduction and Business Overview
10.3.3 DSME Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DSME Offshore Drilling Products Offered
10.3.5 DSME Recent Development
10.4 SHI
10.4.1 SHI Company Information
10.4.2 SHI Introduction and Business Overview
10.4.3 SHI Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SHI Offshore Drilling Products Offered
10.4.5 SHI Recent Development
10.5 HHI
10.5.1 HHI Company Information
10.5.2 HHI Introduction and Business Overview
10.5.3 HHI Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.5.4 HHI Offshore Drilling Products Offered
10.5.5 HHI Recent Development
10.6 NOV
10.6.1 NOV Company Information
10.6.2 NOV Introduction and Business Overview
10.6.3 NOV Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.6.4 NOV Offshore Drilling Products Offered
10.6.5 NOV Recent Development
10.7 CIMC Raffles
10.7.1 CIMC Raffles Company Information
10.7.2 CIMC Raffles Introduction and Business Overview
10.7.3 CIMC Raffles Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CIMC Raffles Offshore Drilling Products Offered
10.7.5 CIMC Raffles Recent Development
10.8 CSIC Dalian
10.8.1 CSIC Dalian Company Information
10.8.2 CSIC Dalian Introduction and Business Overview
10.8.3 CSIC Dalian Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CSIC Dalian Offshore Drilling Products Offered
10.8.5 CSIC Dalian Recent Development
10.9 COSCO
10.9.1 COSCO Company Information
10.9.2 COSCO Introduction and Business Overview
10.9.3 COSCO Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.9.4 COSCO Offshore Drilling Products Offered
10.9.5 COSCO Recent Development
10.10 CMHI
10.10.1 CMHI Company Information
10.10.2 CMHI Introduction and Business Overview
10.10.3 CMHI Offshore Drilling Sales, Revenue and Gross Margin (2018-2023)
10.10.4 CMHI Offshore Drilling Products Offered
10.10.5 CMHI Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Offshore Drilling Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Offshore Drilling Industrial Chain Analysis
11.4 Offshore Drilling Market Dynamics
11.4.1 Offshore Drilling Industry Trends
11.4.2 Offshore Drilling Market Drivers
11.4.3 Offshore Drilling Market Challenges
11.4.4 Offshore Drilling Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Offshore Drilling Distributors
12.3 Offshore Drilling Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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