Market Overview

The Global Mobile Offshore Drilling Units Market was valued at USD 5,812.0 million in 2023 and is expected to reach USD 10,599.3 million by 2031 while growing at a CAGR of 7.8% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global mobile offshore drilling units market growth. Mobile Offshore Drilling Units (MODUs) are specialized structures for exploring and extracting oil and gas reserves beneath the seabed. These mobile units play a crucial role in the offshore industry, enabling drilling operations to be conducted in diverse marine environments by moving between locations as required.

Increasing advancements in drilling technologies, including more efficient MODUs, and a resurgence in offshore exploration drive the growth of the mobile offshore drilling units (MODUs) market. However, obstacles like high initial costs and environmental regulations may impede market expansion.

Furthermore, the global mobile offshore drilling units industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type of Drilling Unit Analysis

The Global Mobile Offshore Drilling Units Market is segmented among Drilling Barges, Submersible Rigs, Semi-Submersible Rigs, Drillship, and Jackup Rigs, based on Type of Drilling Unit. In 2023, Drilling Barges accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Water-depth Analysis

The Global Mobile Offshore Drilling Units Market is segmented among Shallow, Deep, and Ultra-Deep, based on Water-depth. In 2023, Ultra-Deep accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Mobile Offshore Drilling Units Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Transocean Ltd, Seadrill Ltd, Keppel Corporation Ltd, Sembcorb Marine Ltd, Daewoo Shipbuilding and Marine Engineering, Hyundai Heavy Industries Co. Ltd, Friede & Goldman Ltd, Damen Shipyards Group, Yantai CIMC Raffles Offshore Limited, and Irving Shipbuilding Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Mobile Offshore Drilling Units Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Mobile Offshore Drilling Units Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Mobile Offshore Drilling Units Market Segmentation, By Type of Drilling Unit   

• Global Mobile Offshore Drilling Units Market Share Analysis, By Type of Drilling Unit  

• Global Mobile Offshore Drilling Units Market Growth Analysis, By Type of Drilling Unit

• Global Mobile Offshore Drilling Units Market Trends, By Type of Drilling Unit   

o Drilling Barges

o Submersible Rigs

o Semi-Submersible Rigs

o Drillship

o Jackup Rigs

6. Global Mobile Offshore Drilling Units Market Segmentation, By Water-depth

• Global Mobile Offshore Drilling Units Market Share Analysis, By Water-depth

• Global Mobile Offshore Drilling Units Market Growth Analysis, By Water-depth

• Global Mobile Offshore Drilling Units Market Trends, By Water-depth

o Shallow

o Deep

o Ultra-Deep

7. Global Mobile Offshore Drilling Units Market Segmentation, By Region

• Global Mobile Offshore Drilling Units Market Share Analysis, By Region

• Global Mobile Offshore Drilling Units Market Growth Analysis, By Region

• Global Mobile Offshore Drilling Units Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Transocean Ltd.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Seadrill Ltd

• Keppel Corporation Ltd

• Sembcorb Marine Ltd

• Daewoo Shipbuilding and Marine Engineering

• Hyundai Heavy Industries Co. Ltd

• Friede & Goldman Ltd

• Damen Shipyards Group

• Yantai CIMC Raffles Offshore Limited

• Irving Shipbuilding Inc.

 *Similar analysis will be provided for each company listed above.