Aug 8, 2019   SOURCE: PR NewsWire

Offshore Drilling Market, 2025 - Market is Projected to Grow by US$52.3 Billion

DUBLIN, Aug. 8, 2019 /PRNewswire/ -- The "Offshore Drilling - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

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Offshore Drilling market worldwide is projected to grow by US$52.3 Billion, guided by a compounded growth of 7.7%

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Subsea Production and Processing, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.

Poised to reach over US$12.4 Billion by the year 2025, Subsea Production and Processing will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 9.6% growth momentum.

Within Europe, which continues to remain an important element in the world economy, Germany will add over US$3.9 Billion to the region's size and clout in the next 5 to 6 years. Over US$6.4 Billion worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Subsea Production and Processing will reach a market size of US$902.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7% over the next couple of years and add approximately US$8.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include

    --  Baker Hughes
    --  China Oilfield Services
    --  Diamond Offshore Drilling
    --  Dolphin Drilling
    --  Ensco Plc
    --  Halliburton
    --  Kca Deutag Drilling
    --  Maersk Drilling A/S
    --  Nabors Industries
    --  Noble Corporation
    --  Paragon Offshore Plc
    --  Schlumberger
    --  Scientific Drilling International
    --  Seadrill
    --  Superior Energy Services
    --  Transocean
    --  Weatherford International

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

    --  Global Competitor Market Shares
    --  Offshore Drilling Competitor Market Share Scenario Worldwide (in %):
        2019 & 2025
    --  Global Competitor Market Shares by Segment
    --  Subsea Production and Processing (Segment) Global Competitor Market
        Share Positioning for 2019 & 2025
    --  Logging while Drilling (Segment) Market Share Breakdown of Key Players:
        2019 & 2025
    --  Directional Drilling (Segment) Competitor Revenue Share (in %): 2019 &
        2025
    --  Contract Drilling (Segment) Market Share Shift by Company: 2019 & 2025
    --  Measurement While Drilling (Segment) Global Competitor Market Share
        Positioning for 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

    --  Market Facts & Figures
    --  US Offshore Drilling Market Share (in %) by Company: 2019 & 2025
    --  Subsea Production and Processing (Segment) Market Share Analysis (in %)
        of Leading Players in the US for 2019 & 2025
    --  Logging while Drilling (Segment) Competitor Revenue Share (in %) in the
        US: 2019 & 2025
    --  Directional Drilling (Segment) Market Share Breakdown (in %) of Major
        Players in the US: 2019 & 2025
    --  Contract Drilling (Segment) Market in the US: Percentage Breakdown of
        Revenues by Company for 2019 & 2025
    --  Measurement While Drilling (Segment) Competitor Market Share Breakdown
        (in %) in the US for 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

    --  Market Facts & Figures
    --  European Offshore Drilling Market: Competitor Market Share Scenario (in
        %) for 2019 & 2025
    --  Subsea Production and Processing (Segment) Market Share (in %) by
        Company in Europe: 2019 & 2025
    --  Logging while Drilling (Segment) Market Share (in %) of Major Players in
        Europe: 2019 & 2025
    --  Directional Drilling (Segment) Competitor Market Share Analysis (in %)
        in Europe: 2019 & 2025
    --  Contract Drilling (Segment) Market in Europe: Competitor Revenue Share
        Shift (in %) for 2019 & 2025
    --  Measurement While Drilling (Segment) Competitor Market Share (in %)
        Positioning in Europe for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

ASIA-PACIFIC

REST OF WORLD

For more information about this report visit https://www.researchandmarkets.com/r/fbvjf1

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