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Global Deepwater And Ultra-Deepwater Drilling Market: By Application: Deepwater Drilling, Ultra-Deepwater Drilling; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; Competitive Landscape; Industry Events and Developments
Global Deepwater and Ultra-Deepwater Drilling Market Outlook
In the forecast period of 2022-2027, the global deepwater and ultra-deepwater drilling market is expected to grow at a CAGR of 9%.
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Due to the growing population, the emphasis on exploiting untapped resources has increased to meet the rising demand for energy. As a result, the oil and gas industry is making a lot of technological advancements, which is aiding the growth of the market.
Market Segmentation
The deepwater and ultra-deepwater drilling market can be divided on the basis of application into:
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- Deepwater Drilling
- Ultra-Deepwater Drilling
- Others
The EMR report looks into the regional deepwater and ultra-deepwater drilling markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
Various government initiatives focus on enhancing energy security and increasing the production of oil and gas by inviting foreign investment and promoting business policies. In the recent years, the rising crude oil prices have enhanced vendor growth potential in the drilling industry for deepwater and ultra-deepwater. As a result, investments in deepwater and ultra-deepwater drilling to increase the production of oil and gas would drive the exploration and production (E&P) operations. During the forecast period, these factors would drive the deepwater and ultra-deepwater drilling market growth. The advancements in offshore pressure control technology is one of the world's leading developments in the exploration industry for deepwater and ultra-deepwater that will fuel the industry growth in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global deepwater and ultra-deepwater drilling market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Diamond Offshore Drilling Inc.
- Ensco Rowan Plc
- Halliburton Co. (NYSE: HAL)
- Saipem Spa
- Schlumberger Ltd.
- Transocean Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Deepwater Drilling, Ultra-Deepwater Drilling, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Diamond Offshore Drilling Inc. (FRA: DO1), Ensco Rowan Plc (FRA: E65F), Halliburton Co. (NYSE: HAL), Saipem Spa (FRA: SPE1), Schlumberger Ltd. (FRA: SCL), Transocean Ltd. (NYSE: RIG), Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Deepwater and Ultra-Deepwater Drilling Market Analysis
8.1 Key Industry Highlights
8.2 Global Deepwater and Ultra-Deepwater Drilling Historical Market (2017-2021)
8.3 Global Deepwater and Ultra-Deepwater Drilling Market Forecast (2022-2027)
8.4 Global Deepwater and Ultra-Deepwater Drilling Market by Application
8.4.1 Deepwater Drilling
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Ultra-Deepwater Drilling
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Deepwater and Ultra-Deepwater Drilling Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Diamond Offshore Drilling, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Valaris Limited
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Saipem S.p.A.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Schlumberger Limited
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Transocean Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Nabors Industries Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Seadrill Limited
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Deepwater and Ultra-Deepwater Drilling Market: Key Industry Highlights, 2017 and 2021
2. Global Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Application (USD Million), 2017-2021
3. Global Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Application (USD Million), 2022-2027
4. Global Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Region (USD Million), 2017-2021
5. Global Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Region (USD Million), 2022-2027
6. North America Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Country (USD Million), 2017-2021
7. North America Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Country (USD Million), 2022-2027
8. Europe Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Country (USD Million), 2017-2021
9. Europe Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Asia Pacific Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Country (USD Million), 2017-2021
11. Asia Pacific Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Latin America Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Country (USD Million), 2017-2021
13. Latin America Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Middle East and Africa Deepwater and Ultra-Deepwater Drilling Historical Market: Breakup by Country (USD Million), 2017-2021
15. Middle East and Africa Deepwater and Ultra-Deepwater Drilling Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Global Deepwater and Ultra-Deepwater Drilling Market Structure
Key Questions Answered in the Report
The global deepwater and ultra-deepwater drilling market is projected to grow at a CAGR of 9% between 2022 and 2027.
The major driving factor of the market are the growing demand for energy, growing population, rising crude oil prices, advancements in offshore pressure control technology, technological advancements, and increasing investments.
Key drivers of the industry are various government initiatives to encourage foreign investment and increasing the production of oil and gas.
The major regions in the industry are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Deepwater drilling and ultra-deepwater drilling, among others are the major applications of the market.
The major players in the industry are Diamond Offshore Drilling Inc. (FRA: DO1), Ensco Rowan Plc (FRA: E65F), Halliburton Co. (NYSE: HAL), Saipem Spa (FRA: SPE1), Schlumberger Ltd. (FRA: SCL), and Transocean Ltd. (NYSE: RIG), among others.
Analyst Review
The global deepwater and ultra-deepwater drilling market is being driven by the growing demand for energy due to the growing population in the historical priod. Aided by the advancements in offshore pressure management technology and various government initiatives, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 9%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the global deepwater and ultra-deepwater drilling industry can be segmented into deepwater drilling and ultra-deepwater drilling, among others. The major regional markets for the global deepwater and ultra-deepwater drilling are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The key players in the above market include Diamond Offshore Drilling Inc. (FRA: DO1), Ensco Rowan Plc (FRA: E65F), Halliburton Co. (NYSE: HAL), Saipem Spa (FRA: SPE1), Schlumberger Ltd. (FRA: SCL), and Transocean Ltd. (NYSE: RIG), among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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