Global Mobile Offshore Drilling Unit (MODU) Market Growth 2023-2029

Global Mobile Offshore Drilling Unit (MODU) Market Growth 2023-2029

Mobile Offshore Drilling Units, or MODU, are facilities designed or modified to engage in drilling and exploration activities. The term MODU includes drilling vessels, semisubmersibles, submersibles, jack-ups, and similar facilities that can be moved without substantial effort. These facilities may or may not have self-propulsion equipment on board and may require dynamic positioning equipment or mooring systems to maintain their position.

LPI (LP Information)' newest research report, the “Mobile Offshore Drilling Unit (MODU) Industry Forecast” looks at past sales and reviews total world Mobile Offshore Drilling Unit (MODU) sales in 2022, providing a comprehensive analysis by region and market sector of projected Mobile Offshore Drilling Unit (MODU) sales for 2023 through 2029. With Mobile Offshore Drilling Unit (MODU) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mobile Offshore Drilling Unit (MODU) industry.

This Insight Report provides a comprehensive analysis of the global Mobile Offshore Drilling Unit (MODU) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mobile Offshore Drilling Unit (MODU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mobile Offshore Drilling Unit (MODU) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mobile Offshore Drilling Unit (MODU) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mobile Offshore Drilling Unit (MODU).

The global Mobile Offshore Drilling Unit (MODU) market size is projected to grow from US$ 33150 million in 2022 to US$ 37200 million in 2029; it is expected to grow at a CAGR of 37200 from 2023 to 2029.

China is the largest Mobile Offshore Drilling Unit (MODU) market with about 35% market share. Korea is follower, accounting for about 28% market share.

The key players are Keppel, Sembcorp Marine, DSME, SHI, HHI, CIMC Raffles, CSIC Dalian, COSCO, CMHI etc. Top 3 companies occupied about 37% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Offshore Drilling Unit (MODU) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Jackup (Non-Floating)

Semisubmersible (Floating)

Drillship (Floating)

Segmentation by application

Relatively Shallow

Deep-water

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Keppel

Sembcorp Marine

DSME

SHI

HHI

CIMC Raffles

CSIC Dalian

COSCO

CMHI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mobile Offshore Drilling Unit (MODU) market?

What factors are driving Mobile Offshore Drilling Unit (MODU) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mobile Offshore Drilling Unit (MODU) market opportunities vary by end market size?

How does Mobile Offshore Drilling Unit (MODU) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.