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Global Drilling Rig Market 2023-2027

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    Report

  • 120 Pages
  • September 2021
  • Region: Global
  • TechNavio
  • ID: 5459501
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The drilling rig market is forecasted to grow by $15.36 billion during 2022-2027, accelerating at a CAGR of 6.16% during the forecast period. Our report on the 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in oil and gas demand, rising investments in upstream oil and gas sector, and increasing focus on unconventional oil and gas E&P activities.

The drilling rig market is segmented as below:

By Application

  • Onshore
  • Offshore

By Type

  • Crude oil
  • Natural gas

By Geographical Landscape

  • North America
  • Middle East and Africa
  • 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 deep-water and ultra-deepwater e and p activities and technological advances in modus will lead to sizable demand in the market.

The report on the drilling rig market covers the following areas:

  • Drilling rig market sizing
  • Drilling rig market forecast
  • Drilling rig market industry analysis

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 drilling rig market vendors that include AP Moller Maersk AS, Archer Ltd., China Oilfield Services Ltd., Eni Spa, Helmerich and Payne Inc., KCA Deutag Alpha Ltd., Loews Corp., Nabors Industries Ltd., Noble Corp., NOV Inc., Parker Drilling Co., Patterson UTI Energy Inc., PR Marriott Drilling Ltd., Precision Drilling Corp., Schlumberger Ltd., Seadrill Ltd., Stena AB, Transocean Ltd., Valaris Plc, and Weatherford International 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 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.

The publisher 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 reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size
4.1 Global drilling rig market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global drilling rig market 2017 - 2021 ($ billion)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Onshore - Market size and forecast 2022-2027
Exhibit 34: Chart on Onshore - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
6.4 Offshore - Market size and forecast 2022-2027
Exhibit 38: Chart on Offshore - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ billion)

7 Market Segmentation by Type
7.1 Market segments
Exhibit 43: Chart on Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 Crude oil - Market size and forecast 2022-2027
Exhibit 47: Chart on Crude oil - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Crude oil - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Crude oil - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Crude oil - Year-over-year growth 2022-2027 (%)
7.4 Natural gas - Market size and forecast 2022-2027
Exhibit 51: Chart on Natural gas - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Natural gas - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Natural gas - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Natural gas - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 55: Market opportunity by Type ($ billion)

8 Customer Landscape
8.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 57: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 58: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 59: Chart on Geographic comparison
Exhibit 60: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 65: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 67: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Russia - Market size and forecast 2022-2027
Exhibit 85: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Russia - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Saudi Arabia - Market size and forecast 2022-2027
Exhibit 93: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 101: Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 102: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 104: Overview on factors of disruption
11.4 Industry risks
Exhibit 105: Impact of key risks on business

12 Vendor Analysis
12.1 Vendors covered
Exhibit 106: Vendors covered
12.2 Market positioning of vendors
Exhibit 107: Matrix on vendor position and classification
12.3 Archer Ltd.
Exhibit 108: Archer Ltd. - Overview
Exhibit 109: Archer Ltd. - Business segments
Exhibit 110: Archer Ltd. - Key offerings
Exhibit 111: Archer Ltd. - Segment focus
12.4 China Oilfield Services Ltd.
Exhibit 112: China Oilfield Services Ltd. - Overview
Exhibit 113: China Oilfield Services Ltd. - Business segments
Exhibit 114: China Oilfield Services Ltd. - Key offerings
Exhibit 115: China Oilfield Services Ltd. - Segment focus
12.5 Eni Spa
Exhibit 116: Eni Spa - Overview
Exhibit 117: Eni Spa - Business segments
Exhibit 118: Eni Spa - Key offerings
Exhibit 119: Eni Spa - Segment focus
12.6 Helmerich and Payne Inc.
Exhibit 120: Helmerich and Payne Inc. - Overview
Exhibit 121: Helmerich and Payne Inc. - Business segments
Exhibit 122: Helmerich and Payne Inc. - Key offerings
Exhibit 123: Helmerich and Payne Inc. - Segment focus
12.7 KCA Deutag Alpha Ltd.
Exhibit 124: KCA Deutag Alpha Ltd. - Overview
Exhibit 125: KCA Deutag Alpha Ltd. - Business segments
Exhibit 126: KCA Deutag Alpha Ltd. - Key news
Exhibit 127: KCA Deutag Alpha Ltd. - Key offerings
Exhibit 128: KCA Deutag Alpha Ltd. - Segment focus
12.8 Nabors Industries Ltd.
Exhibit 129: Nabors Industries Ltd. - Overview
Exhibit 130: Nabors Industries Ltd. - Business segments
Exhibit 131: Nabors Industries Ltd. - Key news
Exhibit 132: Nabors Industries Ltd. - Key offerings
Exhibit 133: Nabors Industries Ltd. - Segment focus
12.9 Noble Corp.
Exhibit 134: Noble Corp. - Overview
Exhibit 135: Noble Corp. - Product / Service
Exhibit 136: Noble Corp. - Key offerings
12.10 NOV Inc.
Exhibit 137: NOV Inc. - Overview
Exhibit 138: NOV Inc. - Business segments
Exhibit 139: NOV Inc. - Key offerings
Exhibit 140: NOV Inc. - Segment focus
12.11 Patterson UTI Energy Inc.
Exhibit 141: Patterson UTI Energy Inc. - Overview
Exhibit 142: Patterson UTI Energy Inc. - Business segments
Exhibit 143: Patterson UTI Energy Inc. - Key news
Exhibit 144: Patterson UTI Energy Inc. - Key offerings
Exhibit 145: Patterson UTI Energy Inc. - Segment focus
12.12 PR Marriott Drilling Ltd.
Exhibit 146: PR Marriott Drilling Ltd. - Overview
Exhibit 147: PR Marriott Drilling Ltd. - Product / Service
Exhibit 148: PR Marriott Drilling Ltd. - Key offerings
12.13 Precision Drilling Corp.
Exhibit 149: Precision Drilling Corp. - Overview
Exhibit 150: Precision Drilling Corp. - Business segments
Exhibit 151: Precision Drilling Corp. - Key offerings
Exhibit 152: Precision Drilling Corp. - Segment focus
12.14 Schlumberger Ltd.
Exhibit 153: Schlumberger Ltd. - Overview
Exhibit 154: Schlumberger Ltd. - Business segments
Exhibit 155: Schlumberger Ltd. - Key news
Exhibit 156: Schlumberger Ltd. - Key offerings
Exhibit 157: Schlumberger Ltd. - Segment focus
12.15 Seadrill Ltd.
Exhibit 158: Seadrill Ltd. - Overview
Exhibit 159: Seadrill Ltd. - Business segments
Exhibit 160: Seadrill Ltd. - Key offerings
Exhibit 161: Seadrill Ltd. - Segment focus
12.16 Transocean Ltd.
Exhibit 162: Transocean Ltd. - Overview
Exhibit 163: Transocean Ltd. - Product / Service
Exhibit 164: Transocean Ltd. - Key offerings
12.17 Valaris Plc
Exhibit 165: Valaris Plc - Overview
Exhibit 166: Valaris Plc - Business segments
Exhibit 167: Valaris Plc - Key offerings
Exhibit 168: Valaris Plc - Segment focus

13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 171: Currency conversion rates for US$
13.4 Research methodology
Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources
13.5 List of abbreviations
Exhibit 175: List of abbreviations

List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on Global drilling rig market 2017 - 2021 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
Exhibits 20: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Application - Market share 2022-2027 (%)
Exhibits 31: Data Table on Application - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Onshore - Market size and forecast 2022-2027 ($ billion)
Exhibits 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ billion)
Exhibits 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Offshore - Market size and forecast 2022-2027 ($ billion)
Exhibits 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ billion)
Exhibits 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Application ($ billion)
Exhibits 43: Chart on Type - Market share 2022-2027 (%)
Exhibits 44: Data Table on Type - Market share 2022-2027 (%)
Exhibits 45: Chart on Comparison by Type
Exhibits 46: Data Table on Comparison by Type
Exhibits 47: Chart on Crude oil - Market size and forecast 2022-2027 ($ billion)
Exhibits 48: Data Table on Crude oil - Market size and forecast 2022-2027 ($ billion)
Exhibits 49: Chart on Crude oil - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on Crude oil - Year-over-year growth 2022-2027 (%)
Exhibits 51: Chart on Natural gas - Market size and forecast 2022-2027 ($ billion)
Exhibits 52: Data Table on Natural gas - Market size and forecast 2022-2027 ($ billion)
Exhibits 53: Chart on Natural gas - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Natural gas - Year-over-year growth 2022-2027 (%)
Exhibits 55: Market opportunity by Type ($ billion)
Exhibits 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 57: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 58: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 59: Chart on Geographic comparison
Exhibits 60: Data Table on Geographic comparison
Exhibits 61: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibits 62: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibits 63: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 65: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibits 66: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibits 67: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 68: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibits 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibits 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibits 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibits 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibits 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibits 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibits 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibits 83: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 84: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 85: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibits 86: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibits 87: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibits 88: Data Table on Russia - Year-over-year growth 2022-2027 (%)
Exhibits 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibits 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibits 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 92: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 93: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibits 94: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibits 95: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibits 96: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibits 97: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibits 98: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibits 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 101: Market opportunity By Geographical Landscape ($ billion)
Exhibits 102: Impact of drivers and challenges in 2022 and 2027
Exhibits 103: Overview on Criticality of inputs and Factors of differentiation
Exhibits 104: Overview on factors of disruption
Exhibits 105: Impact of key risks on business
Exhibits 106: Vendors covered
Exhibits 107: Matrix on vendor position and classification
Exhibits 108: Archer Ltd. - Overview
Exhibits 109: Archer Ltd. - Business segments
Exhibits 110: Archer Ltd. - Key offerings
Exhibits 111: Archer Ltd. - Segment focus
Exhibits 112: China Oilfield Services Ltd. - Overview
Exhibits 113: China Oilfield Services Ltd. - Business segments
Exhibits 114: China Oilfield Services Ltd. - Key offerings
Exhibits 115: China Oilfield Services Ltd. - Segment focus
Exhibits 116: Eni Spa - Overview
Exhibits 117: Eni Spa - Business segments
Exhibits 118: Eni Spa - Key offerings
Exhibits 119: Eni Spa - Segment focus
Exhibits 120: Helmerich and Payne Inc. - Overview
Exhibits 121: Helmerich and Payne Inc. - Business segments
Exhibits 122: Helmerich and Payne Inc. - Key offerings
Exhibits 123: Helmerich and Payne Inc. - Segment focus
Exhibits 124: KCA Deutag Alpha Ltd. - Overview
Exhibits 125: KCA Deutag Alpha Ltd. - Business segments
Exhibits 126: KCA Deutag Alpha Ltd. - Key news
Exhibits 127: KCA Deutag Alpha Ltd. - Key offerings
Exhibits 128: KCA Deutag Alpha Ltd. - Segment focus
Exhibits 129: Nabors Industries Ltd. - Overview
Exhibits 130: Nabors Industries Ltd. - Business segments
Exhibits 131: Nabors Industries Ltd. - Key news
Exhibits 132: Nabors Industries Ltd. - Key offerings
Exhibits 133: Nabors Industries Ltd. - Segment focus
Exhibits 134: Noble Corp. - Overview
Exhibits 135: Noble Corp. - Product / Service
Exhibits 136: Noble Corp. - Key offerings
Exhibits 137: NOV Inc. - Overview
Exhibits 138: NOV Inc. - Business segments
Exhibits 139: NOV Inc. - Key offerings
Exhibits 140: NOV Inc. - Segment focus
Exhibits 141: Patterson UTI Energy Inc. - Overview
Exhibits 142: Patterson UTI Energy Inc. - Business segments
Exhibits 143: Patterson UTI Energy Inc. - Key news
Exhibits 144: Patterson UTI Energy Inc. - Key offerings
Exhibits 145: Patterson UTI Energy Inc. - Segment focus
Exhibits 146: PR Marriott Drilling Ltd. - Overview
Exhibits 147: PR Marriott Drilling Ltd. - Product / Service
Exhibits 148: PR Marriott Drilling Ltd. - Key offerings
Exhibits 149: Precision Drilling Corp. - Overview
Exhibits 150: Precision Drilling Corp. - Business segments
Exhibits 151: Precision Drilling Corp. - Key offerings
Exhibits 152: Precision Drilling Corp. - Segment focus
Exhibits 153: Schlumberger Ltd. - Overview
Exhibits 154: Schlumberger Ltd. - Business segments
Exhibits 155: Schlumberger Ltd. - Key news
Exhibits 156: Schlumberger Ltd. - Key offerings
Exhibits 157: Schlumberger Ltd. - Segment focus
Exhibits 158: Seadrill Ltd. - Overview
Exhibits 159: Seadrill Ltd. - Business segments
Exhibits 160: Seadrill Ltd. - Key offerings
Exhibits 161: Seadrill Ltd. - Segment focus
Exhibits 162: Transocean Ltd. - Overview
Exhibits 163: Transocean Ltd. - Product / Service
Exhibits 164: Transocean Ltd. - Key offerings
Exhibits 165: Valaris Plc - Overview
Exhibits 166: Valaris Plc - Business segments
Exhibits 167: Valaris Plc - Key offerings
Exhibits 168: Valaris Plc - Segment focus
Exhibits 169: Inclusions checklist
Exhibits 170: Exclusions checklist
Exhibits 171: Currency conversion rates for US$
Exhibits 172: Research methodology
Exhibits 173: Validation techniques employed for market sizing
Exhibits 174: Information sources
Exhibits 175: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global drilling rig market: AP Moller Maersk AS, Archer Ltd., China Oilfield Services Ltd., Eni Spa, Helmerich and Payne Inc., KCA Deutag Alpha Ltd., Loews Corp., Nabors Industries Ltd., Noble Corp., NOV Inc., Parker Drilling Co., Patterson UTI Energy Inc., PR Marriott Drilling Ltd., Precision Drilling Corp., Schlumberger Ltd., Seadrill Ltd., Stena AB, Transocean Ltd., Valaris Plc, and Weatherford International 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 increase 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.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AP Moller Maersk AS
  • Archer Ltd.
  • China Oilfield Services Ltd.
  • Eni Spa
  • Helmerich and Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Loews Corp.
  • Nabors Industries Ltd.
  • Noble Corp.
  • NOV Inc.
  • Parker Drilling Co.
  • Patterson UTI Energy Inc.
  • PR Marriott Drilling Ltd.
  • Precision Drilling Corp.
  • Schlumberger Ltd.
  • Seadrill Ltd.
  • Stena AB
  • Transocean Ltd.
  • Valaris Plc
  • Weatherford International Plc