Summary

HNY Research projects that the Offshore Drilling market size will grow from 93961.99 Million USD in 2025 to 145060.08 Million USD by 2031, at an estimated CAGR of 7.51%. The base year considered for the study is 2025, and the market size is projected from 2026 to 2031.
For 2025 regional market size, the North America market size was 22353.56 Million USD, the Europe market size was 16650.06 Million USD, and the Asia market size was 20831.37 Million USD.
This report presents a detailed and holistic analysis of the global Offshore Drilling market. It integrates quantitative data with qualitative insights to equip readers with the necessary information for strategic planning, competitive assessment, market positioning, and data-driven decision-making.
All market sizes, estimates, and forecasts are expressed in terms of output/shipments and revenue. With 2025 serving as the base year, the report provides historical context from 2020. and projections up to 2031. It includes a complete segmentation of the global market, along with regional market sizes analyzed by type, application, and key industry participants.
Further enriching the analysis, the report outlines the competitive environment, offering profiles of prominent players and their market standings. It also explores key technological advancements and recent developments in product offerings.
Ultimately, this report serves as a vital resource for Offshore Drilling manufacturers, prospective entrants, and other stakeholders within the industry value chain. It supplies comprehensive data on revenues, production, and average pricing for the overall market and its sub-segments, detailed by company, product type, application, and geographic region.

By Market Players:
Keppel Corporation
Sembcorp Marine
DSME
SHI
HHI
NOV
CIMC Raffles
CSIC Dalian
COSCO
CMHI

By Type
Jackups
Semi-submersible
Drillships

By Application
Oil and Gas
Others

By Regions/Countries:
North America
East Asia
Europe
South Asia
Southeast Asia
Middle East
Africa
Oceania
South America

Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

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Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Offshore Drilling Revenue
1.4 Market Analysis by Type
1.4.1 Global Offshore Drilling Market Size Growth Rate by Type: 2026-2031
1.4.2 Jackups
1.4.3 Semi-submersible
1.4.4 Drillships
1.5 Market by Application
1.5.1 Global Offshore Drilling Market Share by Application: 2026-2031
1.5.2 Oil and Gas
1.5.3 Others
1.6 Study Objectives
1.7 Overview of Global Offshore Drilling Market
1.7.1 Global Offshore Drilling Market Status and Outlook (2020-2031)
1.7.2 North America
1.7.3 East Asia
1.7.4 Europe
1.7.5 South Asia
1.7.6 Southeast Asia
1.7.7 Middle East
1.7.8 Africa
1.7.9 Oceania
1.7.10 South America
1.7.11 Rest of the World
2 Manufacturing Cost Structure Analysis
2.1 Manufacturing Cost Structure Analysis of Offshore Drilling
2.2 Industry Chain Structure of Offshore Drilling
3 Market Competition by Manufacturers
3.1 Global Offshore Drilling Production Capacity Market Share by Manufacturers (2020-2025)
3.2 Global Offshore Drilling Revenue Market Share by Manufacturers (2020-2025)
3.3 Global Offshore Drilling Average Price by Manufacturers (2020-2025)
4 Offshore Drilling Regional Market Analysis
4.1 Offshore Drilling Production by Regions
4.1.1 Global Offshore Drilling Production by Regions (2020-2025)
4.1.2 Global Offshore Drilling Revenue by Regions
4.2 Offshore Drilling Consumption by Regions
4.3 North America Offshore Drilling Market Analysis
4.3.1 North America Offshore Drilling Production
4.3.2 North America Offshore Drilling Revenue
4.3.3 Key Manufacturers in North America
4.3.4 North America Offshore Drilling Import and Export
4.4 East Asia Offshore Drilling Market Analysis
4.4.1 East Asia Offshore Drilling Production
4.4.2 East Asia Offshore Drilling Revenue
4.4.3 Key Manufacturers in East Asia
4.4.4 East Asia Offshore Drilling Import & Export
4.5 Europe Offshore Drilling Market Analysis
4.5.1 Europe Offshore Drilling Production
4.5.2 Europe Offshore Drilling Revenue
4.5.3 Key Manufacturers in Europe
4.5.4 Europe Offshore Drilling Import & Export
4.6 South Asia Offshore Drilling Market Analysis
4.6.1 South Asia Offshore Drilling Production
4.6.2 South Asia Offshore Drilling Revenue
4.6.3 Key Manufacturers in South Asia
4.6.4 South Asia Offshore Drilling Import & Export
4.7 Southeast Asia Offshore Drilling Market Analysis
4.7.1 Southeast Asia Offshore Drilling Production
4.7.2 Southeast Asia Offshore Drilling Revenue
4.7.3 Key Manufacturers in Southeast Asia
4.7.4 Southeast Asia Offshore Drilling Import & Export
4.8 Middle East Offshore Drilling Market Analysis
4.8.1 Middle East Offshore Drilling Production
4.8.2 Middle East Offshore Drilling Revenue
4.8.3 Key Manufacturers in Middle East
4.8.4 Middle East Offshore Drilling Import & Export
4.9 Africa Offshore Drilling Market Analysis
4.9.1 Africa Offshore Drilling Production
4.9.2 Africa Offshore Drilling Revenue
4.9.3 Key Manufacturers in Africa
4.9.4 Africa Offshore Drilling Import & Export
4.10 Oceania Offshore Drilling Market Analysis
4.10.1 Oceania Offshore Drilling Production
4.10.2 Oceania Offshore Drilling Revenue
4.10.3 Key Manufacturers in Oceania
4.10.4 Oceania Offshore Drilling Import & Export
4.11 South America Offshore Drilling Market Analysis
4.11.1 South America Offshore Drilling Production
4.11.2 South America Offshore Drilling Revenue
4.11.3 Key Manufacturers in South America
4.11.4 South America Offshore Drilling Import & Export
5 Offshore Drilling Sales Market by Type (2020-2031)
5.1 Global Offshore Drilling Historic Market Size by Type (2020-2025)
5.2 Global Offshore Drilling Forecasted Market Size by Type (2026-2031)
6 Offshore Drilling Consumption Market by Application(2020-2031)
6.1 Global Offshore Drilling Historic Market Size by Application (2020-2025)
6.2 Global Offshore Drilling Forecasted Market Size by Application (2026-2031)
7 Company Profiles and Key Figures in Offshore Drilling Business
7.1 Keppel Corporation
7.1.1 Keppel Corporation Company Profile
7.1.2 Keppel Corporation Offshore Drilling Product Specification
7.1.3 Keppel Corporation Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.2 Sembcorp Marine
7.2.1 Sembcorp Marine Company Profile
7.2.2 Sembcorp Marine Offshore Drilling Product Specification
7.2.3 Sembcorp Marine Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.3 DSME
7.3.1 DSME Company Profile
7.3.2 DSME Offshore Drilling Product Specification
7.3.3 DSME Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.4 SHI
7.4.1 SHI Company Profile
7.4.2 SHI Offshore Drilling Product Specification
7.4.3 SHI Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.5 HHI
7.5.1 HHI Company Profile
7.5.2 HHI Offshore Drilling Product Specification
7.5.3 HHI Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.6 NOV
7.6.1 NOV Company Profile
7.6.2 NOV Offshore Drilling Product Specification
7.6.3 NOV Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.7 CIMC Raffles
7.7.1 CIMC Raffles Company Profile
7.7.2 CIMC Raffles Offshore Drilling Product Specification
7.7.3 CIMC Raffles Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.8 CSIC Dalian
7.8.1 CSIC Dalian Company Profile
7.8.2 CSIC Dalian Offshore Drilling Product Specification
7.8.3 CSIC Dalian Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.9 COSCO
7.9.1 COSCO Company Profile
7.9.2 COSCO Offshore Drilling Product Specification
7.9.3 COSCO Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.10 CMHI
7.10.1 CMHI Company Profile
7.10.2 CMHI Offshore Drilling Product Specification
7.10.3 CMHI Offshore Drilling Production Capacity, Revenue, Price and Gross Margin (2020-2025)
8 Production and Supply Forecast
8.1 Global Forecasted Production of Offshore Drilling (2026-2031)
8.2 Global Forecasted Revenue of Offshore Drilling (2026-2031)
8.3 Global Forecasted Price of Offshore Drilling (2020-2031)
8.4 Global Forecasted Production of Offshore Drilling by Region (2026-2031)
8.4.1 North America Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.2 East Asia Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.3 Europe Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.4 South Asia Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.5 Southeast Asia Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.6 Middle East Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.7 Africa Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.8 Oceania Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.9 South America Offshore Drilling Production, Revenue Forecast (2026-2031)
8.4.10 Rest of the World Offshore Drilling Production, Revenue Forecast (2026-2031)
8.5 Forecast by Type and by Application (2026-2031)
8.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2026-2031)
8.5.2 Global Forecasted Consumption of Offshore Drilling by Application (2026-2031)
9 Consumption and Demand Forecast
9.1 North America Forecasted Consumption of Offshore Drilling by Country
9.2 East Asia Market Forecasted Consumption of Offshore Drilling by Country
9.3 Europe Market Forecasted Consumption of Offshore Drilling by Countriy
9.4 South Asia Forecasted Consumption of Offshore Drilling by Country
9.5 Southeast Asia Forecasted Consumption of Offshore Drilling by Country
9.6 Middle East Forecasted Consumption of Offshore Drilling by Country
9.7 Africa Forecasted Consumption of Offshore Drilling by Country
9.8 Oceania Forecasted Consumption of Offshore Drilling by Country
9.9 South America Forecasted Consumption of Offshore Drilling by Country
9.10 Rest of the world Forecasted Consumption of Offshore Drilling by Country
10 Marketing Channel, Distributors and Customers
10.1 Marketing Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
11 Market Dynamics
11.1 Market Trends
11.2 Opportunities and Drivers
11.3 Challenges
11.4 Porter's Five Forces Analysis
12 Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer