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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your specific requirements.
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