Offshore Drilling Rigs Market Scope, Research, Growth
Prediction and Forecast Report Till 2019
The report “Offshore Drilling Rigs Market by Type (Jackup, Semi-Submersibles, Drillships),
by Application (Shallow Water, Deepwater, Ultra-Deepwater) & Geography (North America,
Latin America, Europe, the Middle East, Asia-Pacific, Africa, ROW) - Global Forecast to
2019” defines and segments the global offshore drilling rigs market, with an analysis and
forecast of the revenue. The offshore drilling rigs industry is expected to grow from an estimated
$65.77 billion in 2014 to $102.47.2 billion by 2019, at a CAGR of 9.27%.
Browse 84 market data tables and 29 figures spread through 199 pages and in -depth TOC
on “Offshore Drilling Rigs Market - Global Forecast to 2019”
The progress of the offshore rigs market largely depends on growing exploration activities across
the globe. The recent discoveries of oil and gas reserves in remote areas, along with increasing
technological advancements in terms of equipment have made drilling operations more feasible
and cost-effective. However, recent oil spill incidents in the offshore arena and stringent
environment regulations on drilling activities would restrain the growth of this market.
The growth of the offshore drilling rigs market in these regions is propelled by factors such as
growing offshore activities in the harsh environmental conditions of North Sea and depleting oil
and gas reserves in the U.S. The CAGR of the European region is determined by growing offshore
activities in the North Sea.
Transocean (Switzerland), COSL (China), Nabors (Bermuda), Ensco plc. (U.K.), Diamond Offshore
Drilling (U.S.), KCA Deutag (U.K.), and Maersk Drilling (Denmark), are the major players that
constitute a significant share of the global offshore drilling rigs market. These players are
concentrating on growing markets and are investing heavily to meet the demand from these
markets and to reduce contract backlogs.
Scope of the Report:
The global offshore drilling rigs market is analyzed in terms of revenue ($Million) for the
aforesaid applications, types, and by region.