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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the mobile offshore drilling unit (MODU) market and it is poised to grow by USD 4.92 bn during 2019-2023, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Diamond Offshore Drilling Inc., Nabors Industries Ltd., Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

An increase in offshore oil and gas drilling activities has been instrumental in driving the growth of the market.

Mobile Offshore Drilling Unit (MODU) Market 2019-2023 : Segmentation

Mobile Offshore Drilling Unit (MODU) Market is segmented as below:

• Type
  • Drillship
  • Jack-up
  • Semi-submersible
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Mobile Offshore Drilling Unit (MODU) Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mobile offshore drilling unit (MODU) market report covers the following areas:

• Mobile Offshore Drilling Unit (MODU) Market size
• Mobile Offshore Drilling Unit (MODU) Market trends
• Mobile Offshore Drilling Unit (MODU) Market industry analysis

This study identifies technical advances as one of the prime reasons driving the mobile offshore drilling unit (MODU) market growth during the next few years.

Mobile Offshore Drilling Unit (MODU) Market 2019-2023 : Vendor Analysis

Driver Module Framework

We provide a detailed analysis of around 25 vendors operating in the mobile offshore drilling unit (MODU) market, including some of the vendors such as Diamond Offshore Drilling Inc., Nabors Industries Ltd., Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd. Backed with competitive intelligence and benchmarking, our research reports on the mobile offshore drilling unit (MODU) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Mobile Offshore Drilling Unit (MODU) Market 2019-2023 : Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist mobile offshore drilling unit (MODU) market growth during the next five years
• Estimation of the mobile offshore drilling unit (MODU) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the mobile offshore drilling unit (MODU) market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of mobile offshore drilling unit (MODU) market vendors

Table Of Contents :

Drivers Module

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY TYPE

• Market segmentation by type
• Comparison by type
• Drillship - Market size and forecast 2018-2023
• Jack-up - Market size and forecast 2018-2023
• Semi-submersible - Market size and forecast 2018-2023
• Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

Driver Module Code

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

Driver Module Definition

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

Drivers Ed Module 3

• Technical advances in MODUs
• Declining costs of offshore projects
• Increasing efficiency of oil and gas E&P activities using Big Data analytics

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Diamond Offshore Drilling Inc.
• Nabors Industries Ltd.
• Noble Corp. Plc
• Samsung Heavy Industries Co. Ltd.
• Transocean Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.