A jack-up rig is a mobile platform used as exploratory drilling platform and offshore platform that consists of a buoyant hull with moveable legs, capable of lifting the hull over the sea surface. The buoyant hull is a water-tight barge that floats on the water surface and used to transport all the machinery to a desired location. Once a rig arrives at work location, the legs are jacked down onto the sea floor where the weight of barge and ballast water drives the legs into the bottom of sea to avoid further penetration during operations.
This report contains market size and forecasts of Jack-Up Rig in global, including the following market information:
Global Jack-Up Rig Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Jack-Up Rig Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Jack-Up Rig companies in 2021 (%)
The global Jack-Up Rig market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Mobile offshore Drilling Units (MODU) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Jack-Up Rig include DSME, Maersk, Fox Oil Drilling, Seatrade Maritime, Shelf Drilling, Rowan, Kuok (PaxOcean), KCA DEUTAG and Diamond Offshore Drilling, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Jack-Up Rig manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Jack-Up Rig Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Jack-Up Rig Market Segment Percentages, by Type, 2021 (%)
Mobile offshore Drilling Units (MODU)
Turbine Installation Vessel (TIV)
Barges
Global Jack-Up Rig Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Jack-Up Rig Market Segment Percentages, by Application, 2021 (%)
Oil & Gas
Construction
Global Jack-Up Rig Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Jack-Up Rig Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Jack-Up Rig revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Jack-Up Rig revenues share in global market, 2021 (%)
Key companies Jack-Up Rig sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Jack-Up Rig sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
DSME
Maersk
Fox Oil Drilling
Seatrade Maritime
Shelf Drilling
Rowan
Kuok (PaxOcean)
KCA DEUTAG
Diamond Offshore Drilling
COSL
Transocean
Seadrill
ENSCO
Halliburton
Noble
CIMC
Keppel
Sembcorp Marine Industries