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Drillships Global Market Report 2025
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Global Drillships Market Report 2025

Report Price : $4490.00

Pages : 250

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Drillships Global Market Report 2025

By Type of Drillship (Ultra-Deepwater Drillships, Deepwater Drillships, Mid-Water Drillships, Shallow-Water Drillships), By Propulsion System (Conventional Propulsion, Dynamic Positioning (DP) Systems, Hybrid Propulsion Systems, Alternative Fuel Systems), By Ownership Model (Owned Fleet, Chartered Fleet, Joint Ventures, Independent Operators), By Application (Shallow Water, Deep Water, Ultra-deepwater), By End-User (Oil And Gas Companies, Offshore Drilling Contractors, Research Institutes, Other End-User) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Drillships Market Overview

• Drillships market size has reached to $5.16 billion in 2024

• Expected to grow to $7.51 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%

• Growth Driver: Rising Offshore Exploration Fueling The Growth Of The Market Due To Expanding Government Lease Offerings And Increased Deepwater Investments

• Market Trend: Offshore Industry Embraces Safer And More Efficient Ultra-Deepwater Operations

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Drillships Market?

Drillships are advanced vessels designed with a central drilling platform and integrated systems for offshore deepwater drilling. They function as mobile drilling units that explore and extract hydrocarbons from beneath the ocean floor in challenging marine environments. Their main purpose is to ensure accurate, efficient, and safe drilling at great depths by using advanced mechanical, hydraulic, and electronic systems that manage dynamic positioning, well control, fluid circulation, and load handling during operations.

The main types of drillships are ultra-deepwater drillships, deepwater drillships, mid-water drillships, and shallow-water drillships. Ultra-deepwater drillships refer to advanced offshore drilling vessels designed to operate in water depths exceeding 7,500 feet, equipped with cutting-edge technology to ensure high precision, stability, and safety in extreme conditions. These vessels utilize various propulsion systems, including conventional propulsion, dynamic positioning (DP) systems, hybrid propulsion systems, and alternative fuel systems, with ownership models including owned fleet, chartered fleet, joint ventures, and independent operators. Key applications span shallow water, deep water, and ultra-deepwater exploration activities, serving end users such as oil and gas companies, Offshore Drilling Contractors, research institutes, and other end users.

Drillships Market Size and growth rate 2025 to 2029: Graph

What Is The Drillships Market Size 2025 And Growth Rate?

The drillships market size has grown strongly in recent years. It will grow from $5.16 billion in 2024 to $5.57 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increasing offshore oil and gas exploration activities, growing demand for deepwater and ultra-deepwater drilling, rising global energy consumption, expansion of offshore production fields, and increasing investments by oilfield service companies.

What Is The Drillships Market Growth Forecast?

The drillships market size is expected to see strong growth in the next few years. It will grow to $7.51 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for energy security, growing offshore exploration in emerging regions, rising investments in ultra-deepwater projects, expansion of renewable-integrated offshore operations, and increasing replacement of aging drilling rigs. Major trends in the forecast period include technological advancements in dynamic positioning systems, innovations in automated drilling operations, developments in digital twin and predictive maintenance, research and development in fuel-efficient propulsion systems, and adoption of hybrid power and emission reduction technologies.

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What’s The Trade War Impact On Oil And Gas Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly affecting the oil and gas sector, particularly in exploration equipment, pipeline infrastructure, and refinery operations. Elevated duties on imported drilling rigs, steel pipes, and specialized machinery have driven up capital costs for both upstream and downstream activities. Midstream operators are burdened by price hikes on valves, compressors, and storage tanks, disrupting ongoing expansion projects. Meanwhile, refiners face rising costs for imported catalysts and control systems essential for processing efficiency. Retaliatory tariffs from key trade partners have also dampened U.S. exports of liquefied natural gas (LNG) and crude oil, weakening market competitiveness. To mitigate these challenges, companies are increasingly investing in domestic manufacturing partnerships, digital asset management, and energy diversification strategies to sustain operations and protect profit margins.

How Is The Drillships Market Segmented?

1) By Type of Drillship: Ultra-Deepwater Drillships, Deepwater Drillships, Mid-Water Drillships, Shallow-Water Drillships

2) By Propulsion System: Conventional Propulsion, Dynamic Positioning (DP) Systems, Hybrid Propulsion Systems, Alternative Fuel Systems

3) By Ownership Model: Owned Fleet, Chartered Fleet, Joint Ventures, Independent Operators

4) By Application: Shallow Water, Deep Water, Ultra-deepwater

5) By End-User: Oil And Gas Companies, Offshore Drilling Contractors, Research Institutes, Other End-User

Subsegments:

1) By Ultra-Deepwater Drillships: High-Capacity Drilling Vessels, Extended Reach Drillships, Harsh Environment Drillships

2) By Deepwater Drillships: Dual-Activity Drillships, High-Pressure High-Temperature Drillships, Modular Design Drillships

3) By Mid-Water Drillships: Standard Depth Drillships, Semi-Automated Drillships, Versatile Operation Drillships

4) By Shallow-Water Drillships: Compact Drillships, Cost-Optimized Drillships, Nearshore Operation Drillships

What Is Driving The Drillships Market? Rising Offshore Exploration Fueling The Growth Of The Market Due To Expanding Government Lease Offerings And Increased Deepwater Investments

The rising offshore exploration is expected to propel the growth of the drillship market going forward. Offshore exploration refers to operator activity to identify, bid for, and acquire offshore acreage and subsurface resources for potential oil and gas discovery and development. The rising offshore exploration is increasing due to expanding government lease offerings and renewed investment in deepwater energy resources. Drillships support rising offshore exploration by providing high-mobility, deepwater drilling capabilities that enable energy companies to access and evaluate offshore reserves efficiently. For instance, in March 2023, according to the Bureau of Ocean Energy Management, a US-based federal agency, thirty-two companies participated in the sale, and a total of $263.8 million in high bids were offered on 313 tracts. Therefore, the rising offshore exploration is driving the growth of the drillship industry.

Who Are The Major Players In The Global Drillships Market?

Major companies operating in the drillships market are Mitsubishi Heavy Industries Ltd., COSCO Shipping Heavy Industry Co. Ltd., China State Shipbuilding Corporation Limited, Fincantieri Group, Hyundai Heavy Industries Co. Ltd., Samsung Heavy Industries Co. Ltd., Hanwha Ocean Co. Ltd., Valaris Limited, Smart Maritime Group, Keppel Offshore and Marine Limited, Odfjell Drilling Ltd., Yantai CIMC Raffles Offshore Ltd., Estaleiro Atlantico Sul S.A., Aban Offshore Limited, Seatrium Ltd., Dalian Shipbuilding Industry Co. Ltd.

What Are The Key Trends Of The Global Drillships Market? Offshore Industry Embraces Safer And More Efficient Ultra-Deepwater Operations

Major companies operating in the drillship market are focusing on developing technologically advanced products, such as dynamic positioning systems, to gain a competitive advantage. Dynamic positioning systems (DPS) refer to computer-controlled systems that automatically maintain a vessel’s position and heading using its own propellers and thrusters. For instance, in April 2025, Hanwha Ocean Co. Ltd., a South Korean-based shipbuilder, launched the Tidal Action drillship, designed on its proprietary platform. This ultra-deepwater vessel can drill at depths up to 12,000 meters in waters as deep as 3,600 meters. It features advanced dynamic positioning for stable station keeping and is equipped to accommodate 20,000 psi blowout preventers, enhancing safety and operational efficiency. The launch represented a major advancement in deepwater drilling technology, highlighting the industry's shift toward safer, more efficient, and higher-pressure-capable vessels. It further signaled renewed confidence in offshore exploration as energy companies pursue complex reserves in ultra-deepwater environments.

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What Are Latest Mergers And Acquisitions In The Drillships Market? Eldorado Drilling Sells Two Ultra-Deepwater Drillships To TPAO

In July 2025, Turkish Petroleum Corporation (TPAO), a Turkey-based oil and gas exploration and production company, acquired two sister drilling ships, the West Draco and West Dorado from Eldorado Drilling AS for $490 million. With this acquisition, TPAO aims to expand its deepwater drilling fleet and strengthen its offshore exploration capabilities in the Eastern Mediterranean and North African regions, enhancing its strategic position in regional energy development. Eldorado Drilling AS is a Norway-based company specializing in the ownership and management of ultra-deepwater drillships.

What Is The Regional Outlook For The Global Drillships Market?

North America was the largest region in the drillships market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Drillships Market?

The drillships market consists of sales of derrick, draw works, mud pumps, blowout preventer, drill pipe, dynamic positioning systems, marine riser tensioners, subsea well control equipment, and onboard drilling support systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Drillships Industry?

The drillships market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the drillships industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Drillships Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $5.57 billion
Revenue Forecast In 2034 $7.51 billion
Growth Rate CAGR of 8.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered Type of Drillship, Propulsion System, Ownership Model, Application, End-User
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Mitsubishi Heavy Industries Ltd., COSCO Shipping Heavy Industry Co. Ltd., China State Shipbuilding Corporation Limited, Fincantieri Group, Hyundai Heavy Industries Co. Ltd., Samsung Heavy Industries Co. Ltd., Hanwha Ocean Co. Ltd., Valaris Limited, Smart Maritime Group, Keppel Offshore and Marine Limited, Odfjell Drilling Ltd., Yantai CIMC Raffles Offshore Ltd., Estaleiro Atlantico Sul S.A., Aban Offshore Limited, Seatrium Ltd., Dalian Shipbuilding Industry Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Drillships Market Characteristics

3. Drillships Market Trends And Strategies

4. Drillships Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Drillships Growth Analysis And Strategic Analysis Framework

5.1. Global Drillships PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Drillships Market Growth Rate Analysis

5.4. Global Drillships Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Drillships Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Drillships Total Addressable Market (TAM)

6. Drillships Market Segmentation

6.1. Global Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Ultra-Deepwater Drillships

Deepwater Drillships

Mid-Water Drillships

Shallow-Water Drillships

6.2. Global Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Propulsion

Dynamic Positioning (DP) Systems

Hybrid Propulsion Systems

Alternative Fuel Systems

6.3. Global Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Owned Fleet

Chartered Fleet

Joint Ventures

Independent Operators

6.4. Global Drillships Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Shallow Water

Deep Water

Ultra-deepwater

6.5. Global Drillships Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Oil And Gas Companies

Offshore Drilling Contractors

Research Institutes

Other End-User

6.6. Global Drillships Market, Sub-Segmentation Of Ultra-Deepwater Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High-Capacity Drilling Vessels

Extended Reach Drillships

Harsh Environment Drillships

6.7. Global Drillships Market, Sub-Segmentation Of Deepwater Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Dual-Activity Drillships

High-Pressure High-Temperature Drillships

Modular Design Drillships

6.8. Global Drillships Market, Sub-Segmentation Of Mid-Water Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Standard Depth Drillships

Semi-Automated Drillships

Versatile Operation Drillships

6.9. Global Drillships Market, Sub-Segmentation Of Shallow-Water Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Compact Drillships

Cost-Optimized Drillships

Nearshore Operation Drillships

7. Drillships Market Regional And Country Analysis

7.1. Global Drillships Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Drillships Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Drillships Market

8.1. Asia-Pacific Drillships Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Drillships Market

9.1. China Drillships Market Overview

9.2. China Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Drillships Market

10.1. India Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Drillships Market

11.1. Japan Drillships Market Overview

11.2. Japan Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Drillships Market

12.1. Australia Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Drillships Market

13.1. Indonesia Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Drillships Market

14.1. South Korea Drillships Market Overview

14.2. South Korea Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Drillships Market

15.1. Western Europe Drillships Market Overview

15.2. Western Europe Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Drillships Market

16.1. UK Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Drillships Market

17.1. Germany Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Drillships Market

18.1. France Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Drillships Market

19.1. Italy Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Drillships Market

20.1. Spain Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Drillships Market

21.1. Eastern Europe Drillships Market Overview

21.2. Eastern Europe Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Drillships Market

22.1. Russia Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Drillships Market

23.1. North America Drillships Market Overview

23.2. North America Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Drillships Market

24.1. USA Drillships Market Overview

24.2. USA Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Drillships Market

25.1. Canada Drillships Market Overview

25.2. Canada Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Drillships Market

26.1. South America Drillships Market Overview

26.2. South America Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Drillships Market

27.1. Brazil Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Drillships Market

28.1. Middle East Drillships Market Overview

28.2. Middle East Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Drillships Market

29.1. Africa Drillships Market Overview

29.2. Africa Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Drillships Market Competitive Landscape And Company Profiles

30.1. Drillships Market Competitive Landscape

30.2. Drillships Market Company Profiles

30.2.1. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. COSCO Shipping Heavy Industry Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. China State Shipbuilding Corporation Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Fincantieri Group Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Hyundai Heavy Industries Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Drillships Market Other Major And Innovative Companies

31.1. Samsung Heavy Industries Co. Ltd.

31.2. Hanwha Ocean Co. Ltd.

31.3. Valaris Limited

31.4. Smart Maritime Group

31.5. Keppel Offshore and Marine Limited

31.6. Odfjell Drilling Ltd.

31.7. Yantai CIMC Raffles Offshore Ltd.

31.8. Estaleiro Atlantico Sul S.A.

31.9. Aban Offshore Limited

31.10. Seatrium Ltd.

31.11. Dalian Shipbuilding Industry Co. Ltd.

32. Global Drillships Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Drillships Market

34. Recent Developments In The Drillships Market

35. Drillships Market High Potential Countries, Segments and Strategies

35.1 Drillships Market In 2029 - Countries Offering Most New Opportunities

35.2 Drillships Market In 2029 - Segments Offering Most New Opportunities

35.3 Drillships Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Drillships Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Drillships Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Drillships Market, Sub-Segmentation Of Ultra-Deepwater Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Drillships Market, Sub-Segmentation Of Deepwater Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Drillships Market, Sub-Segmentation Of Mid-Water Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Drillships Market, Sub-Segmentation Of Shallow-Water Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Drillships Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Drillships Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Table 81: COSCO Shipping Heavy Industry Co. Ltd. Financial Performance
  • Table 82: China State Shipbuilding Corporation Limited Financial Performance
  • Table 83: Fincantieri Group Financial Performance
  • Table 84: Hyundai Heavy Industries Co. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Drillships Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Drillships Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Drillships Market, Sub-Segmentation Of Ultra-Deepwater Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Drillships Market, Sub-Segmentation Of Deepwater Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Drillships Market, Sub-Segmentation Of Mid-Water Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Drillships Market, Sub-Segmentation Of Shallow-Water Drillships, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Drillships Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Drillships Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Drillships Market, Segmentation By Type of Drillship, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Drillships Market, Segmentation By Propulsion System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Drillships Market, Segmentation By Ownership Model, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Figure 81: COSCO Shipping Heavy Industry Co. Ltd. Financial Performance
  • Figure 82: China State Shipbuilding Corporation Limited Financial Performance
  • Figure 83: Fincantieri Group Financial Performance
  • Figure 84: Hyundai Heavy Industries Co. Ltd. Financial Performance

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Frequently Asked Questions

Drillships are advanced vessels designed with a central drilling platform and integrated systems for offshore deepwater drilling. They function as mobile drilling units that explore and extract hydrocarbons from beneath the ocean floor in challenging marine environments. Their main purpose is to ensure accurate, efficient, and safe drilling at great depths by using advanced mechanical, hydraulic, and electronic systems that manage dynamic positioning, well control, fluid circulation, and load handling during operations. For further insights on this market, request a sample here

The market major growth driver - Rising Offshore Exploration Fueling The Growth Of The Market Due To Expanding Government Lease Offerings And Increased Deepwater Investments. For further insights on this market, request a sample here

The drillships market size has grown strongly in recent years. It will grow from $5.16 billion in 2024 to $5.57 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increasing offshore oil and gas exploration activities, growing demand for deepwater and ultra-deepwater drilling, rising global energy consumption, expansion of offshore production fields, and increasing investments by oilfield service companies. The drillships market size is expected to see strong growth in the next few years. It will grow to $7.51 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for energy security, growing offshore exploration in emerging regions, rising investments in ultra-deepwater projects, expansion of renewable-integrated offshore operations, and increasing replacement of aging drilling rigs. Major trends in the forecast period include technological advancements in dynamic positioning systems, innovations in automated drilling operations, developments in digital twin and predictive maintenance, research and development in fuel-efficient propulsion systems, and adoption of hybrid power and emission reduction technologies. For further insights on this market, request a sample here

The drillships market covered in this report is segmented –
1) By Type of Drillship: Ultra-Deepwater Drillships, Deepwater Drillships, Mid-Water Drillships, Shallow-Water Drillships
2) By Propulsion System: Conventional Propulsion, Dynamic Positioning (DP) Systems, Hybrid Propulsion Systems, Alternative Fuel Systems
3) By Ownership Model: Owned Fleet, Chartered Fleet, Joint Ventures, Independent Operators
4) By Application: Shallow Water, Deep Water, Ultra-deepwater
5) By End-User: Oil And Gas Companies, Offshore Drilling Contractors, Research Institutes, Other End-User Subsegments:
1) By Ultra-Deepwater Drillships: High-Capacity Drilling Vessels, Extended Reach Drillships, Harsh Environment Drillships
2) By Deepwater Drillships: Dual-Activity Drillships, High-Pressure High-Temperature Drillships, Modular Design Drillships
3) By Mid-Water Drillships: Standard Depth Drillships, Semi-Automated Drillships, Versatile Operation Drillships
4) By Shallow-Water Drillships: Compact Drillships, Cost-Optimized Drillships, Nearshore Operation Drillships For further insights on this market, request a sample here

North America was the largest region in the drillships market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the drillships market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the drillships market are Mitsubishi Heavy Industries Ltd., COSCO Shipping Heavy Industry Co. Ltd., China State Shipbuilding Corporation Limited, Fincantieri Group, Hyundai Heavy Industries Co. Ltd., Samsung Heavy Industries Co. Ltd., Hanwha Ocean Co. Ltd., Valaris Limited, Smart Maritime Group, Keppel Offshore and Marine Limited, Odfjell Drilling Ltd., Yantai CIMC Raffles Offshore Ltd., Estaleiro Atlantico Sul S.A., Aban Offshore Limited, Seatrium Ltd., Dalian Shipbuilding Industry Co. Ltd. . For further insights on this market, request a sample here.

Major trends in this market include Offshore Industry Embraces Safer And More Efficient Ultra-Deepwater Operations. For further insights on this market, request a sample here.

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Global Drillships Market Report 2025

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