Deepwater and Ultra-Deepwater Drilling Market 2019-2023 | Rise in Deepwater and Ultra-Deepwater E&P Activities to Boost Growth | Technavio

Technavio has been monitoring the deepwater and ultra-deepwater drilling market and it is poised to grow by USD 15.33 bn during 2019-2023, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Deepwater and Ultra-Deepwater Drilling Market 2019-2023 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Diamond Offshore Drilling Inc., Ensco Rowan Plc, Halliburton Co., Saipem Spa, Schlumberger Ltd., and Transocean Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rise in deepwater and ultra-deepwater E&P activities has been instrumental in driving the growth of the market.

Deepwater and Ultra-Deepwater Drilling Market 2019-2023 : Segmentation

Deepwater and Ultra-Deepwater Drilling Market is segmented as below:

• Application
  • Deepwater Drilling
  • Ultra-deepwater Drilling
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Deepwater and Ultra-Deepwater Drilling Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our deepwater and ultra-deepwater drilling market report covers the following areas:

• Deepwater and Ultra-Deepwater Drilling Market Size
• Deepwater and Ultra-Deepwater Drilling Market Trends
• Deepwater and Ultra-Deepwater Drilling Market Industry Analysis

This study identifies advances in offshore pressure control technologies as one of the prime reasons driving the deepwater and ultra-deepwater drilling market growth during the next few years.

Deepwater and Ultra-Deepwater Drilling Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the deepwater and ultra-deepwater drilling Market, including some of the vendors such as Diamond Offshore Drilling Inc., Ensco Rowan Plc, Halliburton Co., Saipem Spa, Schlumberger Ltd., and Transocean Ltd. Backed with competitive intelligence and benchmarking, our research reports on the deepwater and ultra-deepwater drilling market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Deepwater and Ultra-Deepwater Drilling Market 2019-2023 : Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist deepwater and ultra-deepwater drilling market growth during the next five years
• Estimation of the deepwater and ultra-deepwater drilling market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the deepwater and ultra-deepwater drilling market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of deepwater and ultra-deepwater drilling market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Deepwater drilling - Market size and forecast 2018-2023
• Ultra-deepwater drilling - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Declining costs of offshore drilling projects
• Technical advances in deepwater and ultra-deepwater drilling rigs
• Advances in offshore pressure control technologies

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Diamond Offshore Drilling Inc.
• Ensco Rowan Plc
• Halliburton Co.
• Saipem Spa
• Schlumberger Ltd.
• Transocean Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200427005351/en/