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Mobile Offshore Drilling Unit (MODU) Market by Type and Geography - Global Forecast and Analysis 2019-2023 - Product Image

Mobile Offshore Drilling Unit (MODU) Market by Type and Geography - Global Forecast and Analysis 2019-2023

  • ID: 4828981
  • Report
  • August 2019
  • Region: Global
  • 132 pages
  • TechNavio
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FEATURED COMPANIES

  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Transocean Ltd.
  • MORE
Global Mobile Offshore Drilling Unit (MODU) Market: About this market

Mobile offshore drilling units (MODUs) are structures or vessels that are used in offshore drilling operations for the exploration and production of subsea oil and gas resources. The mobile offshore drilling unit (MODU) market analysis considers sales from drillship, jack-up, and semi-submersible. The analysis also considers the sales of mobile offshore drilling unit (MODU) in APAC, Europe, North America, South America, and MEA. In 2018, the drillship segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high mobility and transit speed will play a significant role in the drillship segment to maintain its market position. Also, the global mobile offshore drilling unit (MODU)market report looks at factors such as advantages of MODUs over other offshore drilling units, rising global oil and gas demand, and growing offshore E&P activities. However, uncertainties in the volatility of crude oil prices, adoption of alternative energy sources, and environmental concerns associated with offshore E&P activities may hamper the growth of the mobile offshore drilling unit (MODU)industry over the forecast period.

Global Mobile Offshore Drilling Unit (MODU) Market: Overview

Rising global oil and gas demand

The demand for oil and gas is increasing due to rising consumption of energy. The rapid urbanization of the developing countries is increasing the need for energy such as liquid fuels and natural gas. To cater to the high demand for energy, oil and gas companies will increase their E&P operations. As offshore oil and gas wells have a longer production period than onshore oil and gas wells, offshore drilling activities have significantly increased. This will lead to the expansion of the global mobile offshore drilling unit (MODU)market at a CAGR of almost 9% during the forecast period.

Technical advances in MODUs

With oil and gas E&P operations moving into further remote locations and deeper waters, manufacturers are improving the technologies in MODU to cater to the drilling challenges, regulations, and oil and gas project economics. The recent focus of the oil and gas industry is automation, which improves the safety of workers and the efficacy of oil and gas drilling. Improvements in equipment will not only boost oilfield production but also increase the adoption of MODUs for offshore drilling. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape

With the presence of several major players, the global mobile offshore drilling unit (MODU)market is fragmented. The 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 leading mobile offshore drilling unit (MODU)manufacturers, that include Diamond Offshore Drilling Inc., Nabors Industries Ltd., Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., Transocean Ltd.

Also, the mobile offshore drilling unit (MODU) 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

  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Transocean Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Drillship - Market size and forecast 2018-2023
  • Jack-up - Market size and forecast 2018-2023
  • Semi-submersible - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

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 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Technical advances in MODUs
  • Declining costs of offshore projects
  • Increasing efficiency of oil and gas E&P activities using Big Data analytics
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Diamond Offshore Drilling Inc.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Samsung Heavy Industries Co. Ltd.
  • Transocean Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Product overview
Exhibit 02: Global oilfield equipment and services market
Exhibit 03: Segments of global oilfield equipment and services market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: Drillship - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Drillship - Year-over-year growth 2019-2023 (%)
Exhibit 22: Jack-up - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Jack-up - Year-over-year growth 2019-2023 (%)
Exhibit 24: Semi-submersible - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Semi-submersible - Year-over-year growth 2019-2023 (%)
Exhibit 26: Market opportunity by type
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2018-2023 (%)
Exhibit 29: Geographic comparison
Exhibit 30: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 32: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: South America - Year-over-year growth 2019-2023 (%)
Exhibit 34: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 36: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: North America - Year-over-year growth 2019-2023 (%)
Exhibit 38: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 40: Key leading countries
Exhibit 41: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Diamond Offshore Drilling Inc. - Vendor overview
Exhibit 49: Diamond Offshore Drilling Inc. - Business segments
Exhibit 50: Diamond Offshore Drilling Inc. - Organizational developments
Exhibit 51: Diamond Offshore Drilling Inc. - Geographic focus
Exhibit 52: Diamond Offshore Drilling Inc. - Key offerings
Exhibit 53: Nabors Industries Ltd. - Vendor overview
Exhibit 54: Nabors Industries Ltd. - Business segments
Exhibit 55: Nabors Industries Ltd. - Organizational developments
Exhibit 56: Nabors Industries Ltd. - Geographic focus
Exhibit 57: Nabors Industries Ltd. - Segment focus
Exhibit 58: Nabors Industries Ltd. - Key offerings
Exhibit 59: Noble Corp. Plc - Vendor overview
Exhibit 60: Noble Corp. Plc - Business segments
Exhibit 61: Noble Corp. Plc - Organizational developments
Exhibit 62: Noble Corp. Plc - Geographic focus
Exhibit 63: Noble Corp. Plc - Key offerings
Exhibit 64: Samsung Heavy Industries Co. Ltd. - Vendor overview
Exhibit 65: Samsung Heavy Industries Co. Ltd. - Business segments
Exhibit 66: Samsung Heavy Industries Co. Ltd. - Organizational developments
Exhibit 67: Samsung Heavy Industries Co. Ltd. - Geographic focus
Exhibit 68: Samsung Heavy Industries Co. Ltd. - Segment focus
Exhibit 69: Samsung Heavy Industries Co. Ltd. - Key offerings
Exhibit 70: Transocean Ltd. - Vendor overview
Exhibit 71: Transocean Ltd. - Business segments
Exhibit 72: Transocean Ltd. - Organizational developments
Exhibit 73: Transocean Ltd. - Geographic focus
Exhibit 74: Transocean Ltd. - Key offerings
Exhibit 75: Validation techniques employed for market sizing
Exhibit 76: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Transocean Ltd.
  • MORE
The following companies are recognised as the key players in the global mobile offshore drilling unit (MODU) market: Diamond Offshore Drilling Inc., Nabors Industries Ltd., Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., Transocean Ltd.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market technical advances in MODUs.”

According to the report, one of the major drivers for this market is rising global oil and gas demand.

Further, the report states that one of the major factors hindering the growth of this market is the adoption of alternative 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.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Samsung Heavy Industries Co. Ltd.
  • Transocean Ltd.
Note: Product cover images may vary from those shown
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