Drilling rig market
Offshore Drilling Rigs Market Share Analysis And
What Is Covered Under Offshore Drilling Rigs Market? Offshore drilling rigs are large structure built to facilitate extraction, processing, and storage of oil and
Global Surface Drilling Rig Market Size, Trends, Share 2032
The Global Surface Drilling Rig Market size was valued at $2.4 Billion in 2022 and it will grow $5.1 Billion at a CAGR of 4.5% by 2023 to 2032
Europe Drilling Rig Market Size | Mordor Intelligence
Europe Drilling Rig Industry Segmentation A drilling rig is an integrated system that drills wells, such as oil or water wells, or holes for piling and other construction purposes, into
Drilling Rig Market: Industry Trends Share, Size and
Drilling Rig Market Overview: The Drilling Rig Market overview provides a comprehensive understanding of the analyzed market. It includes an
Drilling Rig Market Size & Share | Industry Growth [2032]
Drilling Rig Market Drivers Technological Innovations Enhance Drilling Efficiency and Accelerate Market Growth Advances in drilling technology, such as automated rigs, directional drilling,
Offshore Drilling Rigs Market Size, Share, Price 2025-2034
The global offshore drilling rigs market attained a value of USD 99.08 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 5.50% to reach
2024 offshore drilling outlook: Westwood''s top three
The offshore drilling market has been reaping the benefits of the ongoing upcycle, as rising demand and tightening supply brought higher day
Drilling Rigs Market Size, Share Forecast Report By 2031
The drilling rigs market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
Drilling Rig Market Size, Share & Growth Analysis Report, 2030
A Detailed Analysis of the Drilling Rig Market Based on the Exploration and Extraction of Oil & Gas Resources, Majorly Driven by Technological Advancements, Rising
Westwood Insight – Offshore drilling upcycle continues, but 2025
2024 has been another strong year for the offshore drilling rig market with high utilisation and dayrates. However, the winds of change have started to blow, and the market is
Drilling Rig Market Size | Mordor Intelligence
Statistics for the 2025 Drilling Rig market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Drilling Rig analysis
Offshore Drilling Rigs Market Size, Industry Share | Forecast
Offshore Drilling Rigs Market Size, Share and Global Trend By Type (Bottom Supported Rigs, Floaters Rigs), By Depth of Water (Shallow Water, Deepwater, Ultra Deepwater) and By
Drilling Rig Market Size, Share Analysis | Industry Forecast 2027
Drilling rig market analysis and growth opportunity forecast -2027. North American region accounts for a significant share of the global market with rapid growth in the oil and gas industry.
Drilling Rig Market Size, Competitors & Forecast to 2030
The Drilling Rig Market is experiencing accelerated transformation, driven by evolving energy demands, technology advancements, and new regulatory
IADC Offshore Regional Forum
Floating rig forecast Floating rig demand is expected to grow over the next several years as the sustained market upcycle continues Operators are already fixing floating rigs to multi-year
OPINION | Offshore drilling upcycle continues, but
Offshore drilling sees strong 2024, but market corrections expected in 2025 due to declining demand and dayrates. Inflationary pressures to drive
Offshore Drilling Rigs Market size to surpass $183.9
The global offshore drilling rigs market size was worth more than USD 78.19 billion in 2024 and is poised to witness a CAGR of over 6.8%,
Possibly one more merger left in the drilling rig
Bruce Beaubouef * Houston The offshore drilling industry has experienced a decade of active M&A, primarily led by the "Big 3" offshore drilling companies,
Drilling Rig Market Growth Analysis
The drilling rig market size is forecast to increase by USD 15.7 billion, at a CAGR of 5.7% between 2024 and 2029. The market is experiencing significant growth, driven by the
World Land Drilling Rig Market Forecast 2021-2025
In this tenth edition of the ''World Land Drilling Rig Market Forecast'' report, Westwood assesses the current landscape of the industry
Offshore drillers see tightening rig market, increasing day rates
Signs of an improving global offshore drilling market appear to be flourishing, with longer contract durations not seen in years, rising day rates and upstream customers asking to secure rigs
Offshore Drilling Rigs Market Size, Industry Share | Forecast
The global offshore drilling rigs market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Latin America have proven
Offshore Drilling Market Trends | Report [2025-2033]
The offshore drilling market is an essential segment of the global energy industry, responsible for the extraction of oil and gas from beneath the seabed. With rising global
Oil Field Drilling Rig Market Report | Global Forecast From 2025
The oil field drilling rig market size is projected to reach USD 72.5 billion by 2032, growing from USD 45.3 billion in 2023, with a compound annual growth rate (CAGR) of 5.2% over the
Offshore Drilling Market Size, Growth | Industry
Offshore Drilling Market Size, Share & Industry Analysis, By Rig Type (Drillships, Semisubmersibles, and Jackups), By Water Depth (Shallow
Offshore Drilling Rigs Market Size, Share, Growth 2034
Offshore Drilling Rigs Market to grow at a CAGR of 6.80% by 2034, due to increased demand for the natural gas and oil, and advancement in technology
Gloomy offshore rig market pins hopes on 2026 rebound
The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and
Offshore Drilling Rigs Market Size, Share, Trends
Offshore Drilling Rigs Market: Definition/ Overview Drilling rigs extract vital resources such as minerals, oil, and natural gas from the earth''s crust. There
Drilling Rig
Drilling Rig - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030) - The Drilling Rig Market size is estimated at USD 99.66 billion in 2025, and is
Gloomy offshore rig market pins hopes on 2026 rebound
The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026
6 FAQs about [Drilling rig market]
What is the drilling rig market report?
The Report Offers the Market Size and Forecasts for the Drilling Rig Market in Revenue (in USD) for all the Above Segments. Want to share this?
What is the oil field drilling rig market?
The oil field drilling rig market is segmented into land rigs and offshore rigs. Land rigs are used for onshore drilling operations and are highly preferred due to their cost-effectiveness and ease of mobilization.
What is the forecast for drilling rig market in 2025?
Drilling Rig analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download. The Drilling Rig Market is expected to reach USD 99.66 billion in 2025 and grow at a CAGR of 1.28% to reach USD 106.20 billion by 2030.
Which region is a major market for drilling rigs?
The North American region accounts for a significant share of the global drilling rigs market with rapid growth in the oil and gas industry in the region. The market in the Middle East and Africa is also expected to witness a lucrative growth in demand for drilling rigs due to the presence of high number of oil and gas industries in the region.
How big is the offshore drilling rigs market?
The Offshore Drilling Rigs Market is expected to reach USD 78.16 billion in 2025 and grow at a CAGR of 6.78% to reach USD 108.51 billion by 2030. Samsung Heavy Industries Co. Ltd, Sembcorp Marine Ltd, Seadrill Ltd, Keppel Corporation Limited and Transocean Ltd are the major companies operating in this market.
Why is the offshore drilling rig market growing?
Driven by a global surge in oil and gas demand and the depletion of onshore reserves, the offshore drilling rig market has witnessed consistent growth. This depletion has necessitated exploration in deeper, more remote waters.
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