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FEATURED COMPANIES
- Ensco Rowan Plc
- Noble Corp. Plc
- Transocean Ltd.
- MORE
Global Drillships Market: About this market
Drillships are marine vessels used for oil and gas drilling operations in offshore areas. The drillships market analysis considers the application of drillships in ultra-deepwater and deepwater. Our analysis also considers the application of drillships in APAC, Europe, MEA, North America, and South America. In 2018, the ultra-deepwater segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as recovering crude oil prices will play a significant role in the ultra-deepwater segment to maintain its market position. Also, our global drillships market looks at factors such as advantages of drillships over other offshore drilling units, rising global energy demand, and growing offshore E&P activities. However, fluctuating crude oil prices, challenges associated with drillships, and growing adoption of renewable energy sources may hamper the growth of the drillships industry over the forecast period.
Global Drillships Market: Overview
Advantages of drillships over other offshore drilling units
Oil and gas E&P operations are increasingly using drillships in deepwater and ultra-deepwater oilfields due to their capabilities to drill over 8,000 feet. Many modern drillships can drill up to 12,000 feet, whereas other offshore drilling units are capable of drilling only up to 5,000 feet. Drillships also require low initial and operational cost compared to other offshore drilling units. Many such advantages of drillships over other offshore drilling units are expected to drive the growth of the global drillships market at a CAGR of almost 11% during the forecast period.
Technical advances in drillships
Oil and gas E&P operators demand drillships to provide technical capabilities to drill in harsh marine conditions. To cater to this demand, vendors in the market are developing technically advanced drillships that can operate in remote areas, deepwater and ultra-deepwater oilfields. To mitigate the hazards involved in the oil and gas E&P operations, vendors are integrating automation to enhance workers’ safety and operational efficiency. These developments are positively influencing the growth of the global drillships market size.
Competitive Landscape
With the presence of several players, the global drillships market is fairly fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several drillship companies, that include Diamond Offshore Drilling Inc., Ensco Rowan Plc, Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd.
Also, the drillships market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Drillships are marine vessels used for oil and gas drilling operations in offshore areas. The drillships market analysis considers the application of drillships in ultra-deepwater and deepwater. Our analysis also considers the application of drillships in APAC, Europe, MEA, North America, and South America. In 2018, the ultra-deepwater segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as recovering crude oil prices will play a significant role in the ultra-deepwater segment to maintain its market position. Also, our global drillships market looks at factors such as advantages of drillships over other offshore drilling units, rising global energy demand, and growing offshore E&P activities. However, fluctuating crude oil prices, challenges associated with drillships, and growing adoption of renewable energy sources may hamper the growth of the drillships industry over the forecast period.
Global Drillships Market: Overview
Advantages of drillships over other offshore drilling units
Oil and gas E&P operations are increasingly using drillships in deepwater and ultra-deepwater oilfields due to their capabilities to drill over 8,000 feet. Many modern drillships can drill up to 12,000 feet, whereas other offshore drilling units are capable of drilling only up to 5,000 feet. Drillships also require low initial and operational cost compared to other offshore drilling units. Many such advantages of drillships over other offshore drilling units are expected to drive the growth of the global drillships market at a CAGR of almost 11% during the forecast period.
Technical advances in drillships
Oil and gas E&P operators demand drillships to provide technical capabilities to drill in harsh marine conditions. To cater to this demand, vendors in the market are developing technically advanced drillships that can operate in remote areas, deepwater and ultra-deepwater oilfields. To mitigate the hazards involved in the oil and gas E&P operations, vendors are integrating automation to enhance workers’ safety and operational efficiency. These developments are positively influencing the growth of the global drillships market size.
Competitive Landscape
With the presence of several players, the global drillships market is fairly fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several drillship companies, that include Diamond Offshore Drilling Inc., Ensco Rowan Plc, Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd.
Also, the drillships market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- Ensco Rowan Plc
- Noble Corp. Plc
- Transocean Ltd.
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
List of Exhibits
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Ultra-deepwater - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Ultra-deepwater - Year-over-year growth 2019-2023 (%)
Exhibit 21: Deepwater - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Deepwater - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 29: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: South America - Year-over-year growth 2019-2023 (%)
Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 33: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: North America - Year-over-year growth 2019-2023 (%)
Exhibit 35: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Diamond Offshore Drilling Inc. - Vendor overview
Exhibit 46: Diamond Offshore Drilling Inc. - Business segments
Exhibit 47: Diamond Offshore Drilling Inc. - Organizational developments
Exhibit 48: Diamond Offshore Drilling Inc. - Geographic focus
Exhibit 49: Diamond Offshore Drilling Inc. - Key offerings
Exhibit 50: Ensco Rowan Plc - Vendor overview
Exhibit 51: Ensco Rowan Plc - Business segments
Exhibit 52: Ensco Rowan Plc - Organizational developments
Exhibit 53: Ensco Rowan Plc - Key offerings
Exhibit 54: Noble Corp. Plc - Vendor overview
Exhibit 55: Noble Corp. Plc - Business segments
Exhibit 56: Noble Corp. Plc - Organizational developments
Exhibit 57: Noble Corp. Plc - Geographic focus
Exhibit 58: Noble Corp. Plc - Key offerings
Exhibit 59: Samsung Heavy Industries Co. Ltd. - Vendor overview
Exhibit 60: Samsung Heavy Industries Co. Ltd. - Business segments
Exhibit 61: Samsung Heavy Industries Co. Ltd. - Organizational developments
Exhibit 62: Samsung Heavy Industries Co. Ltd. - Geographic focus
Exhibit 63: Samsung Heavy Industries Co. Ltd. - Segment focus
Exhibit 64: Samsung Heavy Industries Co. Ltd. - Key offerings
Exhibit 65: Transocean Ltd. - Vendor overview
Exhibit 66: Transocean Ltd. - Business segments
Exhibit 67: Transocean Ltd. - Organizational developments
Exhibit 68: Transocean Ltd. - Geographic focus
Exhibit 69: Transocean Ltd. - Key offerings
Exhibit 70: Validation techniques employed for market sizing
Exhibit 71: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by application
- Comparison by application
- Ultra-deepwater - Market size and forecast 2018-2023
- Deepwater - Market size and forecast 2018-2023
- Market opportunity by application
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Technical advances in drillships
- Advances in drilling technology
- Rising production efficiency of oilfields using Big Data analytics
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Diamond Offshore Drilling Inc.
- Ensco Rowan Plc
- Noble Corp. Plc
- Samsung Heavy Industries Co. Ltd.
- Transocean Ltd.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Ultra-deepwater - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Ultra-deepwater - Year-over-year growth 2019-2023 (%)
Exhibit 21: Deepwater - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Deepwater - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 29: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: South America - Year-over-year growth 2019-2023 (%)
Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 33: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: North America - Year-over-year growth 2019-2023 (%)
Exhibit 35: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Diamond Offshore Drilling Inc. - Vendor overview
Exhibit 46: Diamond Offshore Drilling Inc. - Business segments
Exhibit 47: Diamond Offshore Drilling Inc. - Organizational developments
Exhibit 48: Diamond Offshore Drilling Inc. - Geographic focus
Exhibit 49: Diamond Offshore Drilling Inc. - Key offerings
Exhibit 50: Ensco Rowan Plc - Vendor overview
Exhibit 51: Ensco Rowan Plc - Business segments
Exhibit 52: Ensco Rowan Plc - Organizational developments
Exhibit 53: Ensco Rowan Plc - Key offerings
Exhibit 54: Noble Corp. Plc - Vendor overview
Exhibit 55: Noble Corp. Plc - Business segments
Exhibit 56: Noble Corp. Plc - Organizational developments
Exhibit 57: Noble Corp. Plc - Geographic focus
Exhibit 58: Noble Corp. Plc - Key offerings
Exhibit 59: Samsung Heavy Industries Co. Ltd. - Vendor overview
Exhibit 60: Samsung Heavy Industries Co. Ltd. - Business segments
Exhibit 61: Samsung Heavy Industries Co. Ltd. - Organizational developments
Exhibit 62: Samsung Heavy Industries Co. Ltd. - Geographic focus
Exhibit 63: Samsung Heavy Industries Co. Ltd. - Segment focus
Exhibit 64: Samsung Heavy Industries Co. Ltd. - Key offerings
Exhibit 65: Transocean Ltd. - Vendor overview
Exhibit 66: Transocean Ltd. - Business segments
Exhibit 67: Transocean Ltd. - Organizational developments
Exhibit 68: Transocean Ltd. - Geographic focus
Exhibit 69: Transocean Ltd. - Key offerings
Exhibit 70: Validation techniques employed for market sizing
Exhibit 71: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- Ensco Rowan Plc
- Noble Corp. Plc
- Transocean Ltd.
- MORE
The following companies are recognised as the key players in the global drillships market: Diamond Offshore Drilling Inc., Ensco Rowan Plc, Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technical advances in drillships.”
According to the report, one of the major drivers for this market is the advantages of drillships over other offshore drilling units.
Further, the report states that one of the major factors hindering the growth of this market is the growing adoption of renewable energy sources.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technical advances in drillships.”
According to the report, one of the major drivers for this market is the advantages of drillships over other offshore drilling units.
Further, the report states that one of the major factors hindering the growth of this market is the growing adoption of renewable energy sources.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Diamond Offshore Drilling Inc.
- Ensco Rowan Plc
- Noble Corp. Plc
- Samsung Heavy Industries Co. Ltd.
- Transocean Ltd.
Note: Product cover images may vary from those shown
