Global Jack-Up Rig Market valued approximately USD xxx million in 2017 is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2018-2025.
A jackup rig or a self-elevating unit is a type of mobile platform that consists of a buoyant hull fitted with a number of movable legs, capable of raising its hull over the surface of the sea. The buoyant hull enables transportation of the unit and all attached machinery to a desired location. Once on location the hull is raised to the required elevation above the sea surface supported by the sea bed. The legs of such units may be designed to penetrate the sea bed, may be fitted with enlarged sections or footings, or may be attached to a bottom mat. Generally jackup rigs are not self-propelled and rely on tugs or heavy lift ships for transportation.
The Jack-Up Rig is developing and expanding at a significant pace. The Jack-up Rig is fundamentally a mobile platform that is utilized as an exploratory drilling platform & offshore platform which contains a light hull with movable legs along with holding the capability of lifting the hull over the sea surface. The Light hull is a water-tight barge that floats on the surface of the water & utilized to transport all machinery to a specific location. The Jack-up rig market is mainly driven by escalating urbanization, surging oil demand in both the developed and developing countries, increasing investments in offshore drilling exploration activities and rising economic growth across the globe. However, the factors such as volatility in oil prices along with depletion of oil reserves market is further paving the way for the development and growth of Jack-up rig market.
The regional analysis of Global Jack-Up Rig Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest-growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.
The leading market players mainly include-
Rowan Companies
Noble Corporation
KCA Deutag
COSL
Seadrill
Transcean
Get Full Reports Access – https://www.planetmarketreports.com/reports/global-jack-up-rig-market-forecasts-2018-2025
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Jack-Up Rig Market By Type:
Independent Leg Type
Mat Type
Jack-Up Rig Market By Application:
Mobile Offshore Drilling Units
Offshore Wind Turbine Installations
Others
Jack-Up Rig Market By Operating Depth:
Shallow Water
Deep Water
Ultra-Deep Water
Jack-Up Rig Market By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Jack-Up Rig Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Get FREE | Download Sample Copy of This Report Now with Detailed TOC, Charts & Tables @ https://www.planetmarketreports.com/report-sample/global-jack-up-rig-market-forecasts-2018-2025
About Us:-
Planet Market Reports give statistical surveying reports to businesses, people and associations with a goal of helping them in their decision-making process. We have a huge database of market research reports & company profiles across the globe. We offer premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.
Planet Market Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, & industry experts which provide you deeper penetration of market research industry ensuring you will receive the most reliable and up to date research data available.
Contact US:-
Name: Jennifer Daniel
Sr. Sales Manager
Email-Id: sales@planetmarketreports.com
US : +1-716-2260907
UK : +447441952057
Organization: Planet Market Reports