The global mobile offshore drilling unit market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The market is driven by the increasing demand for offshore drilling units in the oil and gas industry, which has led to an increase in investments in this sector. The increasing number of deepwater discoveries and exploration activities are also driving the growth of this market. The jackup (no floating) segment accounted for a share of around 55% in 2017, followed by semisubmersible (floating) with a share of around 30%. Drillship (floating) accounted for a share of around 15%. The relatively shallow application segment accounted for a share of around 60% in 2017, followed by dewatering with 40%. North America was estimated to account for over 50% revenue share in 2017 due to its large number of deepwater discoveries and exploration activities.
Some Of The Growth Factors Of This Market:
- The offshore drilling industry is witnessing a shift in the demand for deepwater rigs, which are more expensive and technologically advanced than shallow water rigs, as exploration and production activities move into deeper waters due to depletion of reserves in shallower waters.
- The increasing demand for oil and gas has led to an increase in offshore drilling activity.
- Offshore drilling activity is expected to increase as new discoveries are made.
- Increasing investments by governments and private companies in developing countries such as Brazil, India, China, Russia will also drive growth.
Industry Growth Insights published a new data on “Mobile Offshore Drilling Unit (MODU) Market”. The research report is titled “Mobile Offshore Drilling Unit (MODU) Market research by Types (Jackup (Non-Floating), Semisubmersible (Floating), Drillship (Floating)), By Applications (Relatively Shallow, Deep-water), By Players/Companies Keppel, Sembcorp Marine, DSME, SHI, HHI, CIMC Raffles, CSIC Dalian, COSCO, CMHI”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Offshore Drilling Unit (MODU) Market Research Report
By Type
Jackup (Non-Floating), Semisubmersible (Floating), Drillship (Floating)
By Application
Relatively Shallow, Deep-water
By Companies
Keppel, Sembcorp Marine, DSME, SHI, HHI, CIMC Raffles, CSIC Dalian, COSCO, CMHI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Offshore Drilling Unit (MODU) Market Report Segments:
The global Mobile Offshore Drilling Unit (MODU) market is segmented on the basis of:
Types
Jackup (Non-Floating), Semisubmersible (Floating), Drillship (Floating)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Relatively Shallow, Deep-water
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Keppel
- Sembcorp Marine
- DSME
- SHI
- HHI
- CIMC Raffles
- CSIC Dalian
- COSCO
- CMHI
Highlights of The Mobile Offshore Drilling Unit (MODU) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Jackup (Non-Floating)
- Semisubmersible (Floating)
- Drillship (Floating)
- By Application:
- Relatively Shallow
- Deep-water
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile Offshore Drilling Unit (MODU) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Mobile Offshore Drilling Unit (MODU) is a self-propelled offshore drilling unit that can be moved around the ocean floor to drill wells. MODUs are used in deepwater and ultra-deepwater drilling operations.
Some of the key players operating in the mobile offshore drilling unit (modu) market are Keppel, Sembcorp Marine, DSME, SHI, HHI, CIMC Raffles, CSIC Dalian, COSCO, CMHI.
The mobile offshore drilling unit (modu) market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mobile Offshore Drilling Unit (MODU) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mobile Offshore Drilling Unit (MODU) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mobile Offshore Drilling Unit (MODU) Market - Supply Chain
4.5. Global Mobile Offshore Drilling Unit (MODU) Market Forecast
4.5.1. Mobile Offshore Drilling Unit (MODU) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mobile Offshore Drilling Unit (MODU) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mobile Offshore Drilling Unit (MODU) Market Absolute $ Opportunity
5. Global Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Type
5.3.1. Jackup (Non-Floating)
5.3.2. Semisubmersible (Floating)
5.3.3. Drillship (Floating)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Application
6.3.1. Relatively Shallow
6.3.2. Deep-water
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mobile Offshore Drilling Unit (MODU) Demand Share Forecast, 2019-2026
9. North America Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Application
9.4.1. Relatively Shallow
9.4.2. Deep-water
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Type
9.7.1. Jackup (Non-Floating)
9.7.2. Semisubmersible (Floating)
9.7.3. Drillship (Floating)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mobile Offshore Drilling Unit (MODU) Demand Share Forecast, 2019-2026
10. Latin America Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Application
10.4.1. Relatively Shallow
10.4.2. Deep-water
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Type
10.7.1. Jackup (Non-Floating)
10.7.2. Semisubmersible (Floating)
10.7.3. Drillship (Floating)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mobile Offshore Drilling Unit (MODU) Demand Share Forecast, 2019-2026
11. Europe Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Application
11.4.1. Relatively Shallow
11.4.2. Deep-water
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Type
11.7.1. Jackup (Non-Floatng)
11.7.2. Semisubmersible (Floating)
11.7.3. Drillship (Floating)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mobile Offshore Drilling Unit (MODU) Demand Share, 2019-2026
12. Asia Pacific Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Application
12.4.1. Relatively Shallow
12.4.2. Deep-water
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Type
12.7.1. Jackup (Non-Floating)
12.7.2. Semisubmersible (Floating)
12.7.3. Drillship (Floating)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mobile Offshore Drilling Unit (MODU) Demand Share, 2019-2026
13. Middle East & Africa Mobile Offshore Drilling Unit (MODU) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Application
13.4.1. Relatively Shallow
13.4.2. Deep-water
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mobile Offshore Drilling Unit (MODU) Market Size and Volume Forecast by Type
13.7.1. Jackup (Non-Floating)
13.7.2. Semisubmersible (Floating)
13.7.3. Drillship (Floating)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mobile Offshore Drilling Unit (MODU) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mobile Offshore Drilling Unit (MODU) Market: Market Share Analysis
14.2. Mobile Offshore Drilling Unit (MODU) Distributors and Customers
14.3. Mobile Offshore Drilling Unit (MODU) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Keppel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sembcorp Marine
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DSME
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SHI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HHI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CIMC Raffles
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CSIC Dalian
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COSCO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CMHI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook