Industry: Machinery & Equipment
Published Date: 2025-01-16
Pages: 102 Pages
Report ld: 3477832
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Offshore Drilling Market Size(US$)

CAGR 2025-2031
6.6%
Market Size,2031
USD 143,340
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Offshore Drilling was estimated to be worth US$ 92210 million in 2024 and is forecast to a readjusted size of US$ 143340 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.
Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
Europe is the largest Offshore Drilling market with about 46% market share. Latin America is follower, accounting for about 22% market share.
The key players are Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian, COSCO, CMHI etc. Top 3 companies occupied about 29% market share.
This report aims to provide a comprehensive presentation of the global market for Offshore Drilling, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Offshore Drilling by region & country, by Type, and by Application.
The Offshore Drilling market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Drilling.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Offshore Drilling manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Offshore Drilling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Offshore Drilling in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Offshore Drilling Product Introduction
1.2 Global Offshore Drilling Market Size Forecast
1.2.1 Global Offshore Drilling Sales Value (2020-2031)
1.2.2 Global Offshore Drilling Sales Volume (2020-2031)
1.2.3 Global Offshore Drilling Sales Price (2020-2031)
1.3 Offshore Drilling Market Trends & Drivers
1.3.1 Offshore Drilling Industry Trends
1.3.2 Offshore Drilling Market Drivers & Opportunity
1.3.3 Offshore Drilling Market Challenges
1.3.4 Offshore Drilling Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Offshore Drilling Players Revenue Ranking (2024)
2.2 Global Offshore Drilling Revenue by Company (2020-2025)
2.3 Global Offshore Drilling Players Sales Volume Ranking (2024)
2.4 Global Offshore Drilling Sales Volume by Company Players (2020-2025)
2.5 Global Offshore Drilling Average Price by Company (2020-2025)
2.6 Key Manufacturers Offshore Drilling Manufacturing Base and Headquarters
2.7 Key Manufacturers Offshore Drilling Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Offshore Drilling
2.9 Offshore Drilling Market Competitive Analysis
2.9.1 Offshore Drilling Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Offshore Drilling Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Offshore Drilling as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Jackups
3.1.2 Semi-submersible
3.1.3 Drillships
3.2 Global Offshore Drilling Sales Value by Type
3.2.1 Global Offshore Drilling Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Offshore Drilling Sales Value, by Type (2020-2031)
3.2.3 Global Offshore Drilling Sales Value, by Type (%) (2020-2031)
3.3 Global Offshore Drilling Sales Volume by Type
3.3.1 Global Offshore Drilling Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Offshore Drilling Sales Volume, by Type (2020-2031)
3.3.3 Global Offshore Drilling Sales Volume, by Type (%) (2020-2031)
3.4 Global Offshore Drilling Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Oil and Gas
4.1.2 Others
4.2 Global Offshore Drilling Sales Value by Application
4.2.1 Global Offshore Drilling Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Offshore Drilling Sales Value, by Application (2020-2031)
4.2.3 Global Offshore Drilling Sales Value, by Application (%) (2020-2031)
4.3 Global Offshore Drilling Sales Volume by Application
4.3.1 Global Offshore Drilling Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Offshore Drilling Sales Volume, by Application (2020-2031)
4.3.3 Global Offshore Drilling Sales Volume, by Application (%) (2020-2031)
4.4 Global Offshore Drilling Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Offshore Drilling Sales Value by Region
5.1.1 Global Offshore Drilling Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Offshore Drilling Sales Value by Region (2020-2025)
5.1.3 Global Offshore Drilling Sales Value by Region (2026-2031)
5.1.4 Global Offshore Drilling Sales Value by Region (%), (2020-2031)
5.2 Global Offshore Drilling Sales Volume by Region
5.2.1 Global Offshore Drilling Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Offshore Drilling Sales Volume by Region (2020-2025)
5.2.3 Global Offshore Drilling Sales Volume by Region (2026-2031)
5.2.4 Global Offshore Drilling Sales Volume by Region (%), (2020-2031)
5.3 Global Offshore Drilling Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Offshore Drilling Sales Value, 2020-2031
5.4.2 North America Offshore Drilling Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Offshore Drilling Sales Value, 2020-2031
5.5.2 Europe Offshore Drilling Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Offshore Drilling Sales Value, 2020-2031
5.6.2 Asia Pacific Offshore Drilling Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Offshore Drilling Sales Value, 2020-2031
5.7.2 South America Offshore Drilling Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Offshore Drilling Sales Value, 2020-2031
5.8.2 Middle East & Africa Offshore Drilling Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Offshore Drilling Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Offshore Drilling Sales Value
6.2.1 Key Countries/Regions Offshore Drilling Sales Value, 2020-2031
6.2.2 Key Countries/Regions Offshore Drilling Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Offshore Drilling Sales Value, 2020-2031
6.3.2 United States Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Offshore Drilling Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Offshore Drilling Sales Value, 2020-2031
6.4.2 Europe Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Offshore Drilling Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Offshore Drilling Sales Value, 2020-2031
6.5.2 China Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.5.3 China Offshore Drilling Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Offshore Drilling Sales Value, 2020-2031
6.6.2 Japan Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Offshore Drilling Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Offshore Drilling Sales Value, 2020-2031
6.7.2 South Korea Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Offshore Drilling Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Offshore Drilling Sales Value, 2020-2031
6.8.2 Southeast Asia Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Offshore Drilling Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Offshore Drilling Sales Value, 2020-2031
6.9.2 India Offshore Drilling Sales Value by Type (%), 2024 VS 2031
6.9.3 India Offshore Drilling Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Keppel Corporation
7.1.1 Keppel Corporation Company Information
7.1.2 Keppel Corporation Introduction and Business Overview
7.1.3 Keppel Corporation Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Keppel Corporation Offshore Drilling Product Offerings
7.1.5 Keppel Corporation Recent Development
7.2 Sembcorp Marine
7.2.1 Sembcorp Marine Company Information
7.2.2 Sembcorp Marine Introduction and Business Overview
7.2.3 Sembcorp Marine Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Sembcorp Marine Offshore Drilling Product Offerings
7.2.5 Sembcorp Marine Recent Development
7.3 DSME
7.3.1 DSME Company Information
7.3.2 DSME Introduction and Business Overview
7.3.3 DSME Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 DSME Offshore Drilling Product Offerings
7.3.5 DSME Recent Development
7.4 SHI
7.4.1 SHI Company Information
7.4.2 SHI Introduction and Business Overview
7.4.3 SHI Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 SHI Offshore Drilling Product Offerings
7.4.5 SHI Recent Development
7.5 HHI
7.5.1 HHI Company Information
7.5.2 HHI Introduction and Business Overview
7.5.3 HHI Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 HHI Offshore Drilling Product Offerings
7.5.5 HHI Recent Development
7.6 NOV
7.6.1 NOV Company Information
7.6.2 NOV Introduction and Business Overview
7.6.3 NOV Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 NOV Offshore Drilling Product Offerings
7.6.5 NOV Recent Development
7.7 CIMC Raffles
7.7.1 CIMC Raffles Company Information
7.7.2 CIMC Raffles Introduction and Business Overview
7.7.3 CIMC Raffles Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 CIMC Raffles Offshore Drilling Product Offerings
7.7.5 CIMC Raffles Recent Development
7.8 CSIC Dalian
7.8.1 CSIC Dalian Company Information
7.8.2 CSIC Dalian Introduction and Business Overview
7.8.3 CSIC Dalian Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 CSIC Dalian Offshore Drilling Product Offerings
7.8.5 CSIC Dalian Recent Development
7.9 COSCO
7.9.1 COSCO Company Information
7.9.2 COSCO Introduction and Business Overview
7.9.3 COSCO Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 COSCO Offshore Drilling Product Offerings
7.9.5 COSCO Recent Development
7.10 CMHI
7.10.1 CMHI Company Information
7.10.2 CMHI Introduction and Business Overview
7.10.3 CMHI Offshore Drilling Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 CMHI Offshore Drilling Product Offerings
7.10.5 CMHI Recent Development
8 Industry Chain Analysis
8.1 Offshore Drilling Industrial Chain
8.2 Offshore Drilling Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Offshore Drilling Sales Model
8.5.2 Sales Channel
8.5.3 Offshore Drilling Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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