Floating Rigs Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Floating Rigs Market size is expected to grow at an annual average of 5% during 2021-2027. Floating rigs are one of the most important parts of the oilfield production chain as they provide services and equipment to oil explorers, producers and transport of crude oil and natural gas. An rig is a massive structure used in the process of extracting crude oil from an oil well. Offshore drilling of wells requires floating or bottom-supported rigs. The global market for floating rigs is challenging with high capacity utilization and high daily rates.

The following segmentation are covered in this report:

By Application

• Shallow Water
• Deepwater
• Ultra-Deepwater

By Production Process

• Jackup
• Semi-Submersibles
•  Drillships

Company Profile

• Floating Rigs Vendors
• Oil and Gas Companies
• Consulting and Advisory Firms
• Government and Policy Makers
• Regulatory Authorities

Scope of the report

The research study analyses the Floating Rigs Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Floating Rigs Market Report

• What was the Floating Rigs Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Floating Rigs Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.