New drilling initiatives in Nigeria, Ghana, Angola, and Cote d'Ivoire to drive the $190.25 billion industry, study
The global offshore drilling rigs market is poised to grow at a Compound annual growth rate of around10.2 per cent over the next decade to reach approximately $190.25 billion by 2025 with new drilling initiatives in Nigeria, Ghana, Angola and Cote d'Ivoire playing an integral role according to Global Offshore Drilling Rigs Market Analysis & Trends - Industry Forecast to 2025 report by Research and Markets.
This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc.
The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope.