Global Mobile Offshore Drilling Unit (MODU) Market 2024-2028

Mobile Offshore Drilling Unit (MODU) Market 2024-2028


The mobile offshore drilling unit (MODU) market is forecasted to grow by USD 10 bn during 2023-2028, accelerating at a CAGR of 11.6% during the forecast period. The report on the mobile offshore drilling unit (MODU) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in oil and gas demand, rising investments in the upstream oil and gas sector, and advantages of modus over other offshore drilling units.

Technavio's mobile offshore drilling unit (MODU) market is segmented as below:
  • By Type
  • Drillship
  • Jack-up
  • Semisubmersible
  • By Geographical Landscape
  • North America
  • Middle East and Africa
  • APAC
  • South America
  • Europe
This study identifies the rise in deep water and ultra-deep water e and p activities as one of the prime reasons driving the mobile offshore drilling unit (MODU) market growth during the next few years. Also, technological advances in modus and increasing efficiency of oil and gas e and p activities using big data analytics will lead to sizable demand in the market.

The report on the mobile offshore drilling unit (MODU) market covers the following areas:
  • Mobile Offshore Drilling Unit (MODU) Market sizing
  • Mobile Offshore Drilling Unit (MODU) Market forecast
  • Mobile Offshore Drilling Unit (MODU) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile offshore drilling unit (MODU) market vendors that include Aban Offshore Ltd., Borr Drilling Ltd., China International Marine Containers Group Ltd., China Oilfield Services Ltd., Diamond Offshore Drilling Inc., Fincantieri Spa, Hyundai Heavy Industries Group, Lloyd Alman, Nabors Industries Ltd., Nestle Marine Drilling Ltd., Noble Corp. Plc, Northern Drilling Ltd, Odfjell Drilling Ltd., Parker Drilling Co., Seadrill Ltd., Seatrium Ltd., Stena AB, Transocean Ltd., and Valaris Ltd.. Also, the mobile offshore drilling unit (MODU) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Mobile Offshore Drilling Unit (MODU) Market 2018 - 2022
Historic Market Size - Data Table on Global Mobile Offshore Drilling Unit (MODU) Market 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Drillship - Market size and forecast 2023-2028
Chart on Drillship - Market size and forecast 2023-2028 ($ billion)
Data Table on Drillship - Market size and forecast 2023-2028 ($ billion)
Chart on Drillship - Year-over-year growth 2023-2028 (%)
Data Table on Drillship - Year-over-year growth 2023-2028 (%)
6.4 Jack-up - Market size and forecast 2023-2028
Chart on Jack-up - Market size and forecast 2023-2028 ($ billion)
Data Table on Jack-up - Market size and forecast 2023-2028 ($ billion)
Chart on Jack-up - Year-over-year growth 2023-2028 (%)
Data Table on Jack-up - Year-over-year growth 2023-2028 (%)
6.5 Semisubmersible - Market size and forecast 2023-2028
Chart on Semisubmersible - Market size and forecast 2023-2028 ($ billion)
Data Table on Semisubmersible - Market size and forecast 2023-2028 ($ billion)
Chart on Semisubmersible - Year-over-year growth 2023-2028 (%)
Data Table on Semisubmersible - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 Saudi Arabia - Market size and forecast 2023-2028
Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
8.10 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.11 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.12 Russia - Market size and forecast 2023-2028
Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Chart on Russia - Year-over-year growth 2023-2028 (%)
Data Table on Russia - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Aban Offshore Ltd.
Aban Offshore Ltd. - Overview
Aban Offshore Ltd. - Product / Service
Aban Offshore Ltd. - Key offerings
11.4 Borr Drilling Ltd.
Borr Drilling Ltd. - Overview
Borr Drilling Ltd. - Product / Service
Borr Drilling Ltd. - Key offerings
11.5 China Oilfield Services Ltd.
China Oilfield Services Ltd. - Overview
China Oilfield Services Ltd. - Business segments
China Oilfield Services Ltd. - Key offerings
China Oilfield Services Ltd. - Segment focus
11.6 Diamond Offshore Drilling Inc.
Diamond Offshore Drilling Inc. - Overview
Diamond Offshore Drilling Inc. - Product / Service
Diamond Offshore Drilling Inc. - Key news
Diamond Offshore Drilling Inc. - Key offerings
11.7 Fincantieri Spa
Fincantieri Spa - Overview
Fincantieri Spa - Business segments
Fincantieri Spa - Key offerings
Fincantieri Spa - Segment focus
11.8 Hyundai Heavy Industries Group
Hyundai Heavy Industries Group - Overview
Hyundai Heavy Industries Group - Business segments
Hyundai Heavy Industries Group - Key news
Hyundai Heavy Industries Group - Key offerings
Hyundai Heavy Industries Group - Segment focus
11.9 Nabors Industries Ltd.
Nabors Industries Ltd. - Overview
Nabors Industries Ltd. - Business segments
Nabors Industries Ltd. - Key news
Nabors Industries Ltd. - Key offerings
Nabors Industries Ltd. - Segment focus
11.10 Noble Corp. Plc
Noble Corp. Plc - Overview
Noble Corp. Plc - Product / Service
Noble Corp. Plc - Key offerings
11.11 Seatrium Ltd.
Seatrium Ltd. - Overview
Seatrium Ltd. - Business segments
Seatrium Ltd. - Key offerings
Seatrium Ltd. - Segment focus
11.12 Transocean Ltd.
Transocean Ltd. - Overview
Transocean Ltd. - Product / Service
Transocean Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Mobile Offshore Drilling Unit (MODU) Market 2018 - 2022 ($ billion)
Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Type
Exhibits33: Data Table on Comparison by Type
Exhibits34: Chart on Drillship - Market size and forecast 2023-2028 ($ billion)
Exhibits35: Data Table on Drillship - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Chart on Drillship - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Drillship - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Jack-up - Market size and forecast 2023-2028 ($ billion)
Exhibits39: Data Table on Jack-up - Market size and forecast 2023-2028 ($ billion)
Exhibits40: Chart on Jack-up - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Jack-up - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Semisubmersible - Market size and forecast 2023-2028 ($ billion)
Exhibits43: Data Table on Semisubmersible - Market size and forecast 2023-2028 ($ billion)
Exhibits44: Chart on Semisubmersible - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Semisubmersible - Year-over-year growth 2023-2028 (%)
Exhibits46: Market opportunity by Type ($ billion)
Exhibits47: Data Table on Market opportunity by Type ($ billion)
Exhibits48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits51: Chart on Geographic comparison
Exhibits52: Data Table on Geographic comparison
Exhibits53: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits55: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits58: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits59: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits66: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits70: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits71: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibits78: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibits79: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits82: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits83: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits86: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits87: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits90: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits91: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits93: Market opportunity By Geographical Landscape ($ billion)
Exhibits94: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits95: Impact of drivers and challenges in 2023 and 2028
Exhibits96: Overview on criticality of inputs and factors of differentiation
Exhibits97: Overview on factors of disruption
Exhibits98: Impact of key risks on business
Exhibits99: Companies covered
Exhibits100: Matrix on companies position and classification
Exhibits101: Aban Offshore Ltd. - Overview
Exhibits102: Aban Offshore Ltd. - Product / Service
Exhibits103: Aban Offshore Ltd. - Key offerings
Exhibits104: Borr Drilling Ltd. - Overview
Exhibits105: Borr Drilling Ltd. - Product / Service
Exhibits106: Borr Drilling Ltd. - Key offerings
Exhibits107: China Oilfield Services Ltd. - Overview
Exhibits108: China Oilfield Services Ltd. - Business segments
Exhibits109: China Oilfield Services Ltd. - Key offerings
Exhibits110: China Oilfield Services Ltd. - Segment focus
Exhibits111: Diamond Offshore Drilling Inc. - Overview
Exhibits112: Diamond Offshore Drilling Inc. - Product / Service
Exhibits113: Diamond Offshore Drilling Inc. - Key news
Exhibits114: Diamond Offshore Drilling Inc. - Key offerings
Exhibits115: Fincantieri Spa - Overview
Exhibits116: Fincantieri Spa - Business segments
Exhibits117: Fincantieri Spa - Key offerings
Exhibits118: Fincantieri Spa - Segment focus
Exhibits119: Hyundai Heavy Industries Group - Overview
Exhibits120: Hyundai Heavy Industries Group - Business segments
Exhibits121: Hyundai Heavy Industries Group - Key news
Exhibits122: Hyundai Heavy Industries Group - Key offerings
Exhibits123: Hyundai Heavy Industries Group - Segment focus
Exhibits124: Nabors Industries Ltd. - Overview
Exhibits125: Nabors Industries Ltd. - Business segments
Exhibits126: Nabors Industries Ltd. - Key news
Exhibits127: Nabors Industries Ltd. - Key offerings
Exhibits128: Nabors Industries Ltd. - Segment focus
Exhibits129: Noble Corp. Plc - Overview
Exhibits130: Noble Corp. Plc - Product / Service
Exhibits131: Noble Corp. Plc - Key offerings
Exhibits132: Seatrium Ltd. - Overview
Exhibits133: Seatrium Ltd. - Business segments
Exhibits134: Seatrium Ltd. - Key offerings
Exhibits135: Seatrium Ltd. - Segment focus
Exhibits136: Transocean Ltd. - Overview
Exhibits137: Transocean Ltd. - Product / Service
Exhibits138: Transocean Ltd. - Key offerings
Exhibits139: Inclusions checklist
Exhibits140: Exclusions checklist
Exhibits141: Currency conversion rates for US$
Exhibits142: Research methodology
Exhibits143: Information sources
Exhibits144: Data validation
Exhibits145: Validation techniques employed for market sizing
Exhibits146: Data synthesis
Exhibits147: 360 degree market analysis
Exhibits148: List of abbreviations

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