Who are the major players dominating in the drilling rig market?

The market is segmented by type, depth, and by region. Read More

Drilling Rig Market - Top Companies and Manufacturers

Companies Dominating the Global Drilling Rig Market

Maersk A/S
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Archer Ltd.
China Oilfield Services Ltd.
Eni Spa
Helmerich and Payne Inc
KCA Deutag
Loews Corporation
Nabors Industries Ltd.
Transocean Ltd.

Weatherford International Plc

Browse Key Market Insights with Data Illustration:

Drilling Rig Market Size & Share, Forecast Report 2035

In the News

Transocean Ltd. announced that it got selected for a drilling contract by Equinor. In support of the Northern Lights Carbon Capture Storage Project, the Transocean Enabler will drill one carbon injection well and a sidetrack for another carbon injection, which was earlier drilled in 2020.
Nabors Industries Ltd. announced the launch of the first-ever fully automated land drilling rig, PACE-R801. It was developed with the combination of Smart Suite software with Canrig robotics.

Frequently Asked Questions (FAQ)

Increasing demand for oil and gas and higher drilling of unconventional resources are the major factors driving the market growth.

The market size of drilling rig is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Maersk A/S, Archer Ltd., China Oilfield Services Ltd., Eni S.p.A, Helmerich and Payne Inc., KCA Deutag, Loews Corporation, Nabors Industries Ltd., Transocean Ltd., Valaris Plc, and Weatherford International Plc

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, depth, and by region.

The jack-up rig segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The rising popularity of renewable energy and the high process of oil and gas are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Drilling Rig Market - Top Companies and Manufacturers

Companies Dominating the Global Drilling Rig Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the drilling rig market?

What would be the CAGR of the drilling rig market over the forecast period?

Who are the major players dominating the drilling rig market?

How are the company profiles selected?

What are the segments in the drilling rig market?

Which segment captures the largest market size in the type segment in the drilling rig market?

What are the challenges affecting the market growth?

Which region will provide more business opportunities for the growth of the drilling rig market in the future?