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Global Drilling Rig Market 2020-2024 - Product Image

Global Drilling Rig Market 2020-2024

  • ID: 5024946
  • Report
  • April 2020
  • Region: Global
  • 120 pages
  • TechNavio
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FEATURED COMPANIES

  • Archer Ltd.
  • Helmerich & Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Patterson-UTI Energy Inc.
  • MORE
Global Drilling Rig Market 2020-2024

The drilling rig market is poised to grow by $ 18.35 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. The reports on drilling rig market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth in oil and gas demand, rising investments in the upstream oil and gas sector, and increasing focus on unconventional oil and gas E&P activities. In addition, growth in oil and gas demand is anticipated to boost the growth of the market as well.

The drilling rig market analysis includes application segment and geographic landscapes.

The drilling rig market is segmented as below:

By Application
  • Onshore
  • Offshore
By Geographic Landscapes
  • North America
  • MEA
  • Europe
  • APAC
  • South America
This study identifies the growing demand for new-generation automated drilling rigs as one of the prime reasons driving the drilling rig market growth during the next few years. Also, rise in deepwater and ultra-deepwater E&P activities, and technological advances in MODUs will lead to sizable demand in the market.

This study presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The drilling rig market covers the following areas:
  • Drilling rig market sizing
  • Drilling rig market forecast
  • Drilling rig market industry analysis
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 leading drilling rig market vendors that include Archer Ltd., China Oilfield Services Ltd., Helmerich & Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., National Oilwell Varco Inc., Noble Corp. Plc, Patterson-UTI Energy Inc., Transocean Ltd., and Valaris Plc. Also, the drilling rig 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.

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 an analysis of the key vendors.

This study presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

The market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Archer Ltd.
  • Helmerich & Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Patterson-UTI Energy Inc.
  • MORE
Executive Summary
  • Market Overview
Market Landscape
  • Market ecosystem
  • Value chain analysis
Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Onshore - Market size and forecast 2019-2024
  • Offshore - Market size and forecast 2019-2024
  • Market opportunity by Application
Customer landscape

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends
Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption
Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Archer Ltd.
  • China Oilfield Services Ltd.
  • Helmerich & Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Nabors Industries Ltd.
  • National Oilwell Varco Inc.
  • Noble Corp. Plc
  • Patterson-UTI Energy Inc.
  • Transocean Ltd.
  • Valaris Plc
Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
List of Exhibits
1. Key Finding 1
2. Key Finding 2
3. Key Finding 3
4. Key Finding 5
5. Key Finding 6
6. Key Finding 7
7. Key Finding 8
8. Market in focus
9. Parent market
10. Market characteristics
11. Product / Service portfolio of key vendors included in the market definition
12. Market segments
13. Global - Market size and forecast 2019 - 2024 ($ billion)
14. Global market: Year-over-year growth 2019 - 2024 (%)
15. Five forces analysis 2019 & 2024
16. Bargaining power of buyers
17. Bargaining power of suppliers
18. Threat of new entrants
19. Threat of substitutes
20. Threat of rivalry
21. Market condition - Five forces 2019
22. Application placement - Market share 2019-2024 (%)
23. Comparison by Application placement
24. Onshore - Market size and forecast 2019-2024 ($ billion)
25. Onshore - Year-over-year growth 2019-2024 (%)
26. Offshore - Market size and forecast 2019-2024 ($ billion)
27. Offshore - Year-over-year growth 2019-2024 (%)
28. Market opportunity by Application
29. Customer landscape
30. Market share by geography 2019-2024 (%)
31. Geographic comparison
32. North America - Market size and forecast 2019-2024 ($ billion)
33. North America - Year-over-year growth 2019-2024 (%)
34. MEA - Market size and forecast 2019-2024 ($ billion)
35. MEA - Year-over-year growth 2019-2024 (%)
36. Europe - Market size and forecast 2019-2024 ($ billion)
37. Europe - Year-over-year growth 2019-2024 (%)
38. APAC - Market size and forecast 2019-2024 ($ billion)
39. APAC - Year-over-year growth 2019-2024 (%)
40. South America - Market size and forecast 2019-2024 ($ billion)
41. South America - Year-over-year growth 2019-2024 (%)
42. Key leading countries
43. Market opportunity by geography ($ billion)
44. Impact of drivers and challenges
45. Vendor landscape
46. Landscape disruption
47. Industry risks
48. Vendors covered
49. Market positioning of vendors
50. Archer Ltd. - Overview
51. Archer Ltd. - Business segments
52. Archer Ltd. - Key offerings
53. Archer Ltd. - Key customers
54. Archer Ltd. - Segment focus
55. China Oilfield Services Ltd. - Overview
56. China Oilfield Services Ltd. - Business segments
57. China Oilfield Services Ltd. - Key offerings
58. China Oilfield Services Ltd. - Key customers
59. China Oilfield Services Ltd. - Segment focus
60. Helmerich & Payne Inc. - Overview
61. Helmerich & Payne Inc. - Business segments
62. Helmerich & Payne Inc. - Key offerings
63. Helmerich & Payne Inc. - Key customers
64. Helmerich & Payne Inc. - Segment focus
65. KCA Deutag Alpha Ltd. - Overview
66. KCA Deutag Alpha Ltd. - Business segments
67. KCA Deutag Alpha Ltd. - Key offerings
68. KCA Deutag Alpha Ltd. - Key customers
69. KCA Deutag Alpha Ltd. - Segment focus
70. Nabors Industries Ltd. - Overview
71. Nabors Industries Ltd. - Business segments
72. Nabors Industries Ltd. - Key offerings
73. Nabors Industries Ltd. - Key customers
74. Nabors Industries Ltd. - Segment focus
75. National Oilwell Varco Inc. - Overview
76. National Oilwell Varco Inc. - Business segments
77. National Oilwell Varco Inc. - Key offerings
78. National Oilwell Varco Inc. - Key customers
79. National Oilwell Varco Inc. - Segment focus
80. Noble Corp. Plc - Overview
81. Noble Corp. Plc - Business segments
82. Noble Corp. Plc - Key offerings
83. Noble Corp. Plc - Key customers
84. Noble Corp. Plc - Segment focus
85. Patterson-UTI Energy Inc. - Overview
86. Patterson-UTI Energy Inc. - Business segments
87. Patterson-UTI Energy Inc. - Key offerings
88. Patterson-UTI Energy Inc. - Key customers
89. Patterson-UTI Energy Inc. - Segment focus
90. Transocean Ltd. - Overview
91. Transocean Ltd. - Business segments
92. Transocean Ltd. - Key offerings
93. Transocean Ltd. - Key customers
94. Transocean Ltd. - Segment focus
95. Valaris Plc - Overview
96. Valaris Plc - Business segments
97. Valaris Plc - Key offerings
98. Valaris Plc - Key customers
99. Valaris Plc - Segment focus
100. Currency conversion rates for US$
101. Research Methodology
102. Validation techniques employed for market sizing
103. Information sources
104. List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Archer Ltd.
  • Helmerich & Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Patterson-UTI Energy Inc.
  • MORE
The publisher recognizes the following companies as the key players in the global drilling rig market: Archer Ltd., China Oilfield Services Ltd., Helmerich & Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., National Oilwell Varco Inc., Noble Corp. Plc, Patterson-UTI Energy Inc., Transocean Ltd., and Valaris Plc.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for new-generation automated drilling rigs."

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

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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  • Archer Ltd.
  • China Oilfield Services Ltd.
  • Helmerich & Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Nabors Industries Ltd.
  • National Oilwell Varco Inc.
  • Noble Corp. Plc
  • Patterson-UTI Energy Inc.
  • Transocean Ltd.
  • Valaris Plc
Note: Product cover images may vary from those shown
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