Offshore
Drilling Market will register a CAGR of % during 2020-2024. The
market’s growth momentum will Accelerate.
growth in demand for oil and natural gas will be one of the major factors
driving the growth of this market. Additionally, key Offshore Drilling Market
trends such as the seizing of funding for E&P activities by World Bank will
also influence market growth during the forecast period.
Offshore Drilling Market Size
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growth and the market share of various regions
During the forecast period, the Offshore Drilling Market size will grow by
USD 11.34 bn.
Offshore Drilling Market : Vendors
The market is moderately fragmented and owing to the growth opportunities,
the level of competition among the companies in this market space will
intensify further. are some of the major companies in the Offshore Drilling
Market. Though the forecast period offers opportunities for vendors to increase
their market share, factors such as the growth of alternative gaming
platforms will also challenge the growth of the companies.
Baker Hughes Co. | China Oilfield Services Ltd. | Halliburton Co. | KCA
Deutag Alpha Ltd. | National Oilwell Varco Inc. | Schlumberger Ltd. | The
Drilling Co. of 1972 AS | Transocean Ltd. | Valaris Plc | Weatherford
International Plc.list
are some of the companies covered in Technavio’s Offshore Drilling Market
report for 2020-2024.
Offshore Drilling Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Offshore Drilling Market.
The North America will account for the largest Offshore Drilling
Market share and during 2020-2024, the region will contribute to 42% of
the market’s growth.
In addition to regions and the key companies involved, Technavio’s Offshore
Drilling Market report also analyzes the market by Shallow water | Deepwater |
Ultra-deepwater | North America | APAC | Europe | MEA | South America.comma
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